Evolution Gaming’s EUR450 Million Acquisition Of Big Time Gaming

Teacher Stern acted for Big Time Gaming on the deal. Wiggin and Gernandt & Danielsson advised Evolution.

Evolution Gaming Group will acquire the entire issued share capital of Big Time Gaming Pty Ltd for a total consideration of up to EUR 450 million, payable in cash and Evolution shares.

Big Time Gaming, based in Australia and leader in online slot development providing slots to more than 350+ operators, have developed some of the most recognised online slots including Bonanza and Extra Chilli as well as the Megaways™ game engine.

Martine Nathan (Picture), Lead Partner on transaction, led the team which included George Stead, Sam Rippon and David Ponsford.

Corporate partner Ben Whitelock led the Wiggin cross-department team and was assisted by Sam Martin and Tom Watkins. Gambling team co-head Steve Ketteley led on the regulatory aspects of the deal.

The Gernandt & Danielsson team included Fredrik Palm and Oscar Anderson.

Involved fees earner: Oscar Anderson – Gernandt & Danielsson Advokatbyrå KB; Fredrik Palm – Gernandt & Danielsson Advokatbyrå KB; Martine Nathan – Teacher Stern; David Ponsford – Teacher Stern; Samuel Rippon – Teacher Stern; George Stead – Teacher Stern; Sam Martin – Wiggin LLP; Steve Ketteley – Wiggin LLP; Tom Watkins – Wiggin LLP; Ben Whitelock – Wiggin LLP;

Law Firms: Gernandt & Danielsson Advokatbyrå KB; Teacher Stern; Wiggin LLP;

Clients: Big Time Gaming; Evolution;

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Federica Tiefenthaler

Author: Federica Tiefenthaler