Boa Lion, the Brazilian joint venture between MGM Resorts International and Grupo Globo, has agreed to acquire online video bingo developer Bingão do Brasil.
The acquisition of Bingão do Brasil by Boa Lion, a partnership between MGM Resorts International and Grupo Globo, will bring a bingo-focused asset to BetMGM's Brazilian operations as the company aims to expand in the country's regulated online gambling sector.
This transaction involves the purchase of 100% of Bingão do Brasil, marking a strategic move by BetMGM to strengthen its presence in the Brazilian market.
