Industry News
Kindred to Acquire Blancas NV from Rank Group

Kindred has entered into an agreement to acquire Blankenberge Casino-Kursaal (Blancas) NV from The Rank Group.
Blancas NV is the license holder and operator of the Blankenberge casino, which is one of the nine land-based casinos operating in Belgium. The company is owned by The Rank Group since 1998.
The acquisition price is GBP 25 million on a cash free and debt free basis and will be settled in cash upon completion.
The acquisition demonstrates Kindred’s long-term commitment towards the Belgian market and gives Kindred direct access to one of the nine casino licenses, which allows Kindred to continue to offer a broad offering to its Belgian customers. Blancas NV will be operated as a separate entity within the Kindred Group under the leadership of the current management team led by Dominique De Wilde.
The acquisition is subject to customary regulatory approvals and is expected to be completed in Q4 2020.
-
Asia5 days ago
Digital gaming disruption tackled in 1st AsPac Regulators’ Forum
-
Central Europe7 days ago
Football Stats Startup Challenges Multi-Million Company With Free Publication Of Blueprints
-
Africa6 days ago
Kiron announces the launch of its new virtual football title, Turbo League, with SportPesa in Kenya and Tanzania
-
Aquisitions/Mergers6 days ago
NOVOMATIC successfully completes sale of ADMIRAL Austria to Tipico and focuses on international growth markets
-
Latest News7 days ago
Podium’s Racing Data to Power Dabble’s Social-led Betting Service in the UK
-
Compliance Updates6 days ago
SOFTSWISS Releases Gambling Regulation Directory for iGaming Operators
-
Compliance Updates6 days ago
Alternative Dispute Resolution (ADR) Role and Certification
-
Asia6 days ago
iRace Media extends partnership with The Hong Kong Jockey Club in Asia