Australian gaming company, Aristocrat Leisure Limited has announced an agreement to acquire B2B online real money gaming (RMG) supplier Roxor Gaming.
No financial details of the deal were released but the company did state that as part of the deal, Aristocrat will acquire Roxor’s two in-house gaming development studios helping to ‘accelerate the company’s online real-money gaming strategy’.
Speaking of the acquisition, Mitchell Bowen, CEO, Online RMG, Aristocrat, said:
“Roxor is a great fit for Aristocrat, and this acquisition is another step forward in Aristocrat’s strategy to scale in online RMG. We look forward to growing together with the talented Roxor team.”
Noel Hayden, Executive Chairman, Roxor Gaming Board, added:
“I am delighted to see this deal signed as I feel it brings together two great companies that complement each other perfectly. Roxor holds a very important place in my heart as the team and the games we have built, have delivered so much to so many over the last twenty years. I couldn’t be more excited for Roxor Gaming and the road ahead.”
Josh Morris, General Manager, Roxor Gaming, also noted:
“This deal has happened at the perfect time for Roxor Gaming as we look to expand and grow through new partnerships in the US and UK markets. Aristocrat has a huge heritage of global success and I feel that the combination of Roxor and Aristocrat brings a significant opportunity to build the most entertaining and widely adopted iGaming solution in the market”.
The deal is expected to close in the first quarter of 2023 and is subject to regulatory approvals and closing conditions.
The news of the deal breaks just a few months after Aristocrat’s attempt to acquire software giant Playtech fell through.
Olivia has worked as an editor and writer for major brands across multiple niches. She now focuses on the iGaming and sports betting industries.
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