Gamesys Group Plc agrees to takeover by Bally’s

Bally’s Corp. has reached an agreement in principle to buy U.K. online gaming and gambling platform Gamesys Group Plc in a deal valued at 2.02 billion pounds ($2.7 billion) in the latest move by a U.S. casino operator to expand into digital betting.

Bally’s will pay 1,850 pence per share in cash for the company, it said in a statement on Wednesday. That’s a 13% premium from Gamesys

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