Betsson Group has abandoned its planned €27.5m acquisition of the parent company of Goldrun Casino and its igaming content supplier.
The gambling operator group said it is looking to pursue “other business opportunities” after the Dutch gambling regulator, Kansspelautoriteit (KSA), did not issue a decision on whether to approve the move by the agreed long-stop date.
Betsson has therefore decided to unwind the transaction for Holland Gaming Technology and game studio Holland Power Gaming.
The €26.7m the deal was valued at will be repaid to Betsson, and the companies will once again be owned by Holland Gaming Technology.
