March 19 (SeeNews) - German gaming and gambling company Gauselmann Group said that it has acquired a majority stake in Bulgaria-active peer Bede Gaming for an undisclosed price.
UK-headquartered Bede Gaming will operate as an independent business unit within the Gauselmann Group, and will keep all its offices, including one in the Bulgarian capital Sofia, Gauselmann Group said in a statement last week.
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"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," Bede Gaming's chairman Joe Saumarez-Smith, said.
Bede Gaming develops and markets online gaming platforms for operators of casino, sports betting and lottery offerings.