15.6 C
Tuesday, July 23, 2024

BD Sport Group acquired by Canadian company

Napthens solicitors has advised on the acquisition of a Lancashire sports betting group by a Canada-based business.

BD Sport Group, which was founded in 2007 in Thornton-Cleveleys to provide stadium betting services for sports teams, has been bought by Gaming Nation Inc in a deal worth £8.8 million, with an additional earn out provision of up to £2.2 million.

The company operates stadium betting at 31 stadiums in the UK, employing nine full-time employees and over 1,000 match day staff.

Its match day betting service is currently operational with football clubs from the Premier League and Champions League including Manchester United, Manchester City, Liverpool, Chelsea, Arsenal and Everton.

Gaming Nation Inc is based in Toronto, Canada, and provides technology and information platforms to the sports and entertainment industry.

A team of lawyers from Napthens including Phil Brown and Natalie Lewis advised BD Sport Group on the sale, led by Richard Robinson, partner and head of Corporate. Corporate Finance advice was provided by John Ballard and Chris Evans of Ballard Evans.

Gaming Nation Inc was advised by the London office of US law firm Pillsbury Winthrop Shaw Pittman LLP.

Gaming Nation Inc CEO Scott Secord said: “We are excited to have closed the acquisition of BD Sport Group and look forward to integrating the infrastructure and management expertise into our operations.”

Richard Robinson of Napthens said: ‘We’re delighted to have advised BD Sports on this deal and now look forward to seeing the company grow under the Gaming Nation umbrella.”



Lancashire launches new business board to grow local economy

An independent board has been formed with heads of...

Self-storage for home-based businesses: Expanding without the overhead

Running a home-based business offers numerous advantages, including flexibility,...

Mums who lost children to brain cancer launch heartfelt podcast

They may live 100 miles apart but Karen Kinsella...

Colne man pleads guilty to murdering housemate

A man has admitted to murdering his housemate in...

Subscribe to our newsletter

Business Lancashire will use the information you provide on this form to be in touch with you and to provide updates and marketing.

Don't miss

Bin it and bag it: Jollyes launches nationwide free poo bag giveaway

Retailer Jollyes will open its next brand new store...

Gareth Southgate steps down as England manager

England boss Gareth Southgate has announced it's "time for...

Rafael Nadal offers scathing verdict on defeat to Borges in Swedish Open final

Rafael Nadal has said it would have been "difficult"...

Best Horse Racing Betting Apps In The UK – July 2024

If you are looking for the top horse racing...

More News

Free travel for military personnel on Armed Forces Day

Free travel will be available on Stagecoach bus and tram services for military and ex-military personnel on Armed Forces Day. This Saturday is a chance...

Lancaster shop worker fined for selling vape to underage girl

A man working in a Lancaster vape shop has been fined £916 for selling a disposable flavoured vape to a teenager without asking for...

One in three businesses in Lancashire fail test knife purchases

Trading Standards revealed that one in three Lancashire businesses failed their test purchases for knife sales. Operation Sceptre, an operation focusing on knife crime, involved...