Thu, 09 Jun 2016 | BUSINESS SALE
Content developer CORE Gaming has been bought by Sky Betting & Gaming, in a deal that solidifies the already close relationship between the two, reports Insider Media.
Based in Solihull, West Midlands, CORE Gaming develops HTML5 real money games for major casino operators and websites around the world.
The deal enables investor Steve Murray to exit CORE, leaving its management team, headed up by managing director Justin Chamberlain, to take things forward for the company.
Conor Grant, the gaming director of Sky Betting & Gaming, commented on the purchase: “This acquisition makes what was already a close relationship even closer.
"CORE Gaming has been a key part of our mobile casino success story and we believe their unique position to understand our customers and build great content for our players will further drive our gaming business forward.”
Sky Betting & Gaming has been independent for about a year since Sky sold its majority share to CVC Capital Partners, and it has flourished in this short time, becoming the first betting and gaming company to find itself listed on the Sunday Times 100 Best Companies index.
This recent success for Sky Betting & Gaming follows on from the group recording a 36 per cent rise in sales to £247 million for the year to June 2015, with more good news expected to be delivered in its next financial report in the summer.
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