- Aristocrat is set to acquire Awager for an undisclosed sum
- Funds for the acquisition are being managed by Oaktree Capital Management
Aristocrat Leisure is set to acquire Awager for an undisclosed sum.
Awager is a provider of omnichannel slot streaming. It offers real-time casino gameplay that can be used by operators to engage players, using third-party content via a new digital channel.
In this sense, the supplier attemps to offer a pure omnichannel, rather than separate online and land-based games, which is a rarity within the industry.
The acquisition will likely bring Awager's content to the wider US market. Awager is currently headquartered in Israel, with staff in Israel, the US and Eastern Europe.
The move is one of several recently made by Aristocrat. In June Aristocrat Interactive announced a six-year partnership with Michigan Lottery, and in September confirmed an exclusive slot area partnership with Plaza Hotel & Casino.
Good to know: Gambling Insider spoke to Awager in a recent edition of The Huddle
Aristocrat has also seen several new executive hires in recent weeks, hiring Dylan Slaney as Interactive CEO in mid-September and Michael Daly as SVP not long after.
Trends from the last hour seem to show a positive reaction to the news, with prices currently sitting at AU$68.95 (US$45.45) as of 16:10 pm BST. However, this does reflect a drop of 1.32% since the beginning of the day's trade.
Last night, Aristocrat also won three Awards at the Global Gaming Awards Americas.
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