Betting News

Unibet has purchased a French bookmaker

A notice of Unibet representatives about a purchase of a French bookmaker Solfive has got into the internet. After the company received approval of the French gaming bookmaker ARJEL on the 8th of December it became able to officially end the deal with the operator.

According to the terms of the contract the Scandinavian bookmaker Unibet purchased the French bureau for €5.6 million with a consecutive payment of €1.5 million, additionally the firm obliged itself with Solfive’s debt which makes €2.4 million at the moment. The following action of the online bookmaker will be an update of the purchased operator’s platform and transfer of all players to the new platform with a new brand.
It should be mentioned that not so long ago Unibet has left the French market due to a complex taxation system. With the help of this deal the Scandinavian bookmaker plans to return to the French market and the newly received license of ARJEL will let it offer sporting bets, poker and other kinds of gambling to local clients. Although the e-gambling situation in France hasn’t changed, Unibet’s owners are working out a new strategy of action on the French gaming market.

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