Evolution terminates merger agreement with Galaxy Gaming
By Dan Whitaker, Casino News Editor
Evolution has terminated its planned takeover of Galaxy Gaming, ending the merger agreement between the two companies. The move cancels the takeover that had been moving through approval processes toward completion.
Evolution pulled the plug after prolonged regulatory delays stalled the transaction, according to iGaming Business. The companies had been held up by regulators long enough that Evolution decided to abandon the deal.
This story is relevant to the UK market and will be of interest to players who follow changes in supplier ownership.
Player angle: Players who track studio ownership and provider lineups should note that a planned takeover has been called off after regulatory delays. Check our real money casinos guide before putting money anywhere.
Reported by iGaming Business.