Esports Technologies completes acquisition of Aspire Global's B2B Business

Esports technologies has completed the acquisition of Aspire Global's B2C Business for $75.9 million. Under the terms of the agreement, Esports Technologies has now closed on the acquisition of Aspire's portfolio of B2C proprietary online casino and sportsbook brands, including Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP.

Thanks to this acquisition, Esports Technologies has gained access to gaming licensing in Tier 1 regulated marketing including the United Kingdom, Germany, Ireland, Malta and Denmark. Strategically, Esports Technologies plans to leverage the increased market access from the multiple-brand acquisition to cross-sell eSports wagering opportunities to increase its eSports revenue, player bet transactions, and customer base. Aspire Global will serve as the back-end provider for the acquired B2C brands, ensuring operational continuity, and will offer Esports Technologies wagering products on its platform. 

"Acquiring Aspire Global's portfolio of innovative B2C brands, access to new markets, and its 1.25 million deposited customers is a strategic leap in our journey to become a world leader in eSports wagering. We look forward to our partnership with Aspire as we continue to scale”, said Aaron Speach, CEO, Esports Technologies. Tsachi Maimon, CEO of Aspire Global, added: "Esports Technologies has rapidly established itself as one of the foremost innovators in esports wagering. Acquiring the world-class B2C portfolio we've built will further expand their reach in this skyrocketing global market."