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Majority share acquisition to see Gaming Innovation Group enter Croatian market

iGaming technology company, Gaming Innovation Group Inc. (GiG) (OSL:GIG), has agreed a deal that pending regulatory approvals will see it acquire a majority stake in Croatian operator Top Games d.o.o.

Under the terms of the share purchase agreement, the Stockholm-listed gaming operator and supplier will acquire 75% of Top Games’ shares and plans to join Croatia’s online casino market in the first half of 2020.

Croatia is a very interesting marketplace for gambling.”

Terms of agreement:

The acquisition payment is base…