Bally’s-Gamesys merger to close on October 1
| By Marese O'Hagan
Bally’s has announced that its acquisition of Gamesys is set to take effect from October 1.
This aligns with the expected closing of the deal in Q4, which the businesses set out in a timeline published in May.
The merger has already received regulatory approval from the GB Gambling Commission. The original scheme document, which outlines the conditions of the merger, states that section 102(4)(a) of the Gambling Act must be adhered to. This section stipulates that all current licenses held by the Gamesys group must continue to be in effect after the deal closes.