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Betsson Finalizes Acquisition Of Oranje and Kroon Casinos

Swedish betting firm Betsson has announced that it has completed its acquisition of online casinos Kroon and Oranje after it obtained approval from regulators.

The finalization of the deal comes after Betsson bought both casinos for €100 million, with the consideration being paid out in both cash and stock shares. An additional purchase is pending regulation within the Netherlands, and could cost Betsson an extra €30-40 million.

The acquisition of both casino are expected to begin contributing positively from the date of the deal's closure.

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