Completion of the Acquisition of Bet90

RNS Number : 3502J

Veltyco Group PLC

28 June 2017

 

28 June 2017

Veltyco Group PLC

("Veltyco" or "the Company")

Completion of the acquisition of Bet 90 ("Bet 90 Acquisition")

Further to the announcement of 13 April 2017 and the update of 2 June 2017, Veltyco is pleased to announce that the Bet 90 Acquisition has now completed.

The new website Bet90.com is scheduled to go live in July 2017 and will have a particular focus on the Nordic countries and South America. Bet 90's online platform runs on the SBTech sportsbook. The Bet 90 website is expected to deliver a contribution in the financial year ending 31 December 2018.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information please contact:

Veltyco	[phone]
David Mathewson, Chairman     Marcel Noordeloos, CFO
Northland Capital Partners Ltd	[phone]
Tom Price Margarita Mitropoulou
IFC Advisory (Financial PR)	[phone]
Graham Herring Tim Metcalfe Miles Nolan

About Veltyco

Veltyco is a group of companies primarily focused on generating marketing leads and entering into marketing contracts for the activities of various partners in the gaming industry.  Veltyco focuses on complementary activities under one umbrella, leveraging its historical cash generative activities of marketing online casinos and sports betting. The introduction of Bet 90 further augments the group's plans for expansion, particularly in new territories.

Website: http://www.veltyco.com

 

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