Brief: Gaming Innovation Group Divests Its B2C Brand Highroller To Ellmount

Gentoo Media

13/08/2019 07:23

Aug 13 (Reuters) - Gaming Innovation Group Inc  GAMIG.OL :
    * GAMING INNOVATION GROUP IS DIVESTING ITS B2C BRAND
HIGHROLLER TO
ELLMOUNT
    * GAMING INNOVATION GROUP IS DIVESTING ITS B2C BRAND
HIGHROLLER TO
ELLMOUNT
    * GIG WILL RECEIVE PAYMENT IN MONTHLY INSTALMENTS OVER
CONTRACT
PERIOD OF 48 MONTHS, STARTING SEVEN MONTHS AFTER THIS DATE.
    * HAS REACHED AN AGREEMENT TO DIVEST ITS B2C BRAND
HIGHROLLER TO
AFFILIATE AND OPERATOR ELLMOUNT GAMING LTD. FOR A TOTAL PRICE OF
EUR7 MILLION
    * ELLMOUNT GAMING WILL AS PART OF DEAL BECOME A B2B CUSTOMER
OF
GIG AND CONTINUE TO OPERATE HIGHROLLER USING GIG'S PLATFORM
SERVICES, FRONT END SOLUTION AND MANAGED SERVICES

Source text for Eikon:  ID:nObidMGnha 
Further company coverage:  GAMIG.OL 

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