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Evolution Terminates $85 Million Galaxy Gaming Takeover
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Evolution Terminates $85 Million Galaxy Gaming Takeover

Evolution has terminated its planned acquisition of Galaxy Gaming after two outstanding gambling regulatory approvals prevented the transaction from closing within the agreed period.

Evolution has terminated its planned acquisition of Galaxy Gaming after two outstanding gambling regulatory approvals prevented the transaction from closing within the agreed period.

Evolution announced the termination of the merger agreement with Galaxy Gaming, a provider of table games and casino technology. As a result, Evolution will pay Galaxy Gaming a $5.2 million termination fee.

Galaxy Gaming confirmed the termination and expressed disappointment over the failed acquisition deal.

By Editorial profile image Editorial
Updated on
Operators Evolution Galaxy Gaming Table Games Casino Technology