{"id":281,"date":"2024-06-28T18:37:32","date_gmt":"2024-06-28T15:37:32","guid":{"rendered":"https:\/\/bebidashve.com\/2024\/06\/28\/esports-entertainment-group-acquires-lucky-dino-gaming-for-30-million\/"},"modified":"2024-06-28T18:37:32","modified_gmt":"2024-06-28T15:37:32","slug":"esports-entertainment-group-acquires-lucky-dino-gaming-for-30-million","status":"publish","type":"post","link":"https:\/\/bebidashve.com\/2024\/06\/28\/esports-entertainment-group-acquires-lucky-dino-gaming-for-30-million\/","title":{"rendered":"Esports Entertainment Group Acquires Lucky Dino Gaming for $30 Million"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/rzyX9cHTV2Y\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Esports Entertainment Group (EEG) has finalized the purchase of online gambling establishment operator Lucky Dino Gaming Limited through its Malta-licensed subsidiary Esport Entertainment (Malta) in a transaction valued at roughly $30 million (\u00a321.5 million\/\u20ac24.9 million).<\/p>\n<p>EEG concluded the $30 million acquisition of Lucky Dino. Lucky Dino, which holds a license in Malta, was guided by RB.capital during the purchase.<\/p>\n<p>By acquiring Lucky Dino&#8217;s business assets, EEG now possesses its own casino platform, which the company asserts provides remarkable simplicity, expandability, and adaptability.<\/p>\n<p>Lucky Dino&#8217;s proprietary technology suite encompasses affiliate marketing software, payment servers, and a customer relationship management system featuring gamification and loyalty engines, enabling automated player management.<\/p>\n<p>&#8220;During the last five years, Lucky Dino has progressed from a single-brand white-label casino operator to a multi-brand, top-tier casino operator and technology firm,&#8221; stated EEG CEO Grant Johnson. <\/p>\n<p>In addition to bolstering our technological framework, Lucky Dino&#8217;s resources will furnish us with a robust presence in numerous new European territories, particularly in Scandinavia, where electronic sports are highly favored. With Lucky Dino&#8217;s 25,000 active casino patrons each month, we will possess substantial cross-selling opportunities to utilize our SportNation and VIE.bet wagering platforms.<\/p>\n<p>Johnson continued to outline Lucky Dino&#8217;s growth path in recent years, revealing an 86% compound annual growth rate in earnings over the five years ending June 30, 2020.<\/p>\n<p>He concluded by stating the company will be dedicated to introducing Lucky Dino&#8217;s online casino platform to the American market in the future, alongside its VIE.bet esports offering.<\/p>\n<p>EEG declared the acquisition last December for $30 million, which will be financed through debt funding provided by the organization.<\/p>\n<p>This is the most recent acquisition the company has finalized this year, following the completion of a takeover agreement for esports tournament organizer Esports Gaming League (EGL) in January.<\/p>\n<p>Later that month, EEG reached binding agreements to acquire two brands, Helix eSports and ggCircuit.<\/p>\n<p>Helix eSports owns five electronic sports centers and also operates esports industry analytics provider Genji Analytics, while ggCircuit is a B2B software provider that offers cloud-based management for LAN centers, as well as tournament platforms, integrated wallets, and point-of-sale solutions for business clients.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Esports Entertainment Group (EEG) has finalized the purchase of online gambling establishment operator Lucky Dino Gaming Limited through its Malta-licensed subsidiary Esport Entertainment (Malta) in a transaction valued at roughly $30 million (\u00a321.5 million\/\u20ac24.9 million). EEG concluded the $30 million acquisition of Lucky Dino. Lucky Dino, which holds a license in Malta, was guided by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EEG Acquires Lucky Dino for $30 Million<\/title>\n<meta name=\"description\" content=\"Esports Entertainment Group (EEG) has acquired Lucky Dino Gaming Limited, a Malta-licensed online gambling operator, for $30 million. 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