Industry News

Gauselmann Buys Majority Stake in Bede Gaming

Published

5 years ago

March 13, 2020

Gauselmann Outlines Plans to Resume Operations in Germany

Reading Time: < 1 minute

The Gauselmann Group, the German gaming and gambling company, has bought majority stake in the leading British online gaming platform Bede Gaming.

This is another strong push in Gauselmann Group’s expansion in the digital space.

The company is also trying to gain a foothold in the North American lottery market, in which Bede Gaming is an important partner to the Ontario Lottery and Gaming Corporation (OLG).

“Bede’s technological expertise is very impressive and its highly complex solutions are first choice for leading gaming companies not only in the UK, but around the world. This acquisition will allow us to significantly broaden the existing technology base within the Group and at the same time enable us to offer it to our customers and partners,” Paul Gauselmann, CEO and founder of the Gauselmann Group, said.

“We are delighted that the Gauselmann Group has acquired a majority stake in Bede. Gauselmann’s long-term prospects and financial strength will allow us to further enhance our range of products and services to existing customers as well as win new business partners,” Joe Saumarez-Smith, Chairman of Bede Gaming, said.

Up Next

Week 11/2020 slot games releases

Don't Miss

Formula 1 and Sportradar Launch In-race Betting for 2020 Season

Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.