She further said that she was hoping that Red Tiger would be a good fit to NetEnt’s company values and culture. The CEO of NetEnt, Therese Hillman, said that she was very pleased to welcome the Red Tiger Gaming group into the team of NetEnt, and that the acquisition would combine the two leading gaming developers in the online gaming industry. The last tranche will cost NetEnt another £23 million, and this will be completed in 2023. The deal has been completed, and NetEnt is now in control of Red Tiger Gaming and is set to pay the rival company a sum of £197 million in cash.
This acquisition brings new prospects to NetEnt in the growing online gambling industry. NetEnt has completed its acquisition of Red Tiger Gaming to the tune of £220 million, with payouts to be made in tranches, and the last payout is expected to be completed by 2023.
