Gauselmann takes majority stake in Bede Gaming, an important online gaming platform headquartered in the UK.
A significant online gaming platform headquartered in the UK, Bede Gaming, has been acquired by the Gauselmann Group.
The majority stake for the Newcastle upon Tyne company gives Gauselmann access to a developer of online gaming platforms for casinos, sports betting and lotteries.
With this acquisition, the Gauselmann Group is further expanding its already strong digital presence, while at the same time creating new opportunities for the opening of the German online gaming market from 2021. Furthermore, it is gaining a foothold in the North American lottery market, in which Bede Gaming is an important partner to the Ontario Lottery and Gaming Corporation, one of the world’s largest lotteries.
“Bede’s technological expertise is very impressive and its highly complex solutions are first choice for leading gaming companies, not only in the UK but around the world.
This acquisition will allow us to significantly broaden the existing technology base within the group and at the same time enable us to offer it to our customers and partners,” said Paul Gauselmann, CEO and founder of the Gauselmann Group.
Bede Gaming will operate as an independent business unit within the Group and continue to maintain its offices in Newcastle upon Tyne, Sofia (Bulgaria) and Toronto (Canada). The management will also continue to hold a stake in the company.
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