Unibet set to acquire Stan James for £19 million
Online sportsbook Unibet will acquire Stan James' online sports gambling section for £19 million. Stan James' UK retail business is not included in the deal.
Before the ink can dry on the contract, regulators must give their approval. The expected time-frame that all systems will be a go is by the third quarter of 2015.
Unibet CEO Henrik Tjärnström had the following to say:
“We have long been looking at strengthening our position in the UK online market. Stan James as an operator is one of the most well-respected in the UK market with particular strengths in horseracing and other British sports," as reported originally at iGaming Business.