SEGASammy's Acquisition of Stakelogic.
Stakelogic. It's a name you're very much likely to have never heard of, and who could blame you. However, the company is now under my radar due to the fact that on 26th July, 2024, the Dutch company announced that SEGASammy had reached an agreement to fully acquire Stakelogic, resulting in a 130 million euro deal. Now, compared to the 706 million euro deal to acquire Rovio, this is a sizably smaller amount, but to any of us, it's still a striking amount. So, the question you're asking yourself is, who is Stakelogic? What do they do? But most importantly, why has SEGASammy decided to pursue such a deal? Well, let me explain. Stakelogic is an online gambling company founded back in 2014 in The Netherlands with 6 additional offices. They have products available in 20 countries, like North America, United Kingdom, Sweden and more. The current number of employees under the employment of the company is counted up to over 550. As for why, it's vague to say the least. On St...