Casino developer LeoVegas announced this week that they're purchasing Expekt Nordics Ltd for €5 million.
The purchase will see the casino operator picking up the French sportsbetting group from Betclic, and will give the company a further jump into the regulated sportsbetting market. The deal will see LeoVegas purchasing all of the shares in the company, which holds a gaming license in Sweden and has a firm footprint in the market.
LeoVegas is porting their software into the Expekt betting platform and is expected to be completed sometime in May before major sporting events begin.
This purchase is the 14th operator that will be owned under the LeoVegas Group umbrella.
No comment from either party was available as of press time.