Dutch live casino supplier Stakelogic has announced an agreement to sell 100% of its equity shares to Japanese entertainment conglomerate Sega Sammy Holdings through its subsidiary Sega Sammy Creation.
The acquisition is valued at €130m ($140.8m) up front, with additional earnout payments contingent on certain performance measures.
The deal will combine Stakelogic's portfolio of online slot games, live casino studio capabilities, hybrid game offerings and in-house game development with Sega Sammy's global distribution platform.
Stakelogic CEO Stephan van den Oetelaar will continue to lead the company post-acquisition.
Van den Oetelaar himself said: "Sega Sammy and Stakelogic share the same passion for online entertainment, innovation and technology. Together with Sega Sammy, Stakelogic will be able to grow its international operations much faster. The regulated iGaming market will double in size in the upcoming years. As part of Sega Sammy, we will have the execution power to become one of the leading players in the iGaming B2B industry."
Koichi Fukazawa, Sega Sammy Senior EVP and Group CFO, commented: " I am very pleased to announce our alliance with Stakelogic, an innovative and leading content provider in the Dutch gaming market, as a crucial part of executing this strategy. We are confident that Stakelogic's ability to rapidly develop and provide unique, high-quality gaming content will make a significant contribution to the implementation of our strategy and create excellent synergies through combining with the strengths of our group."
The sale is subject to regulatory approvals in relevant jurisdictions and other customary conditions. The transaction is expected to close by the second quarter of 2025.
Earlier this month, Stakelogic partnered with Hardrockcasino.nl to provide its complete suite of online slots and live casino games.
This collaboration included the integration of Stakelogic’s Chroma Key Studio technology, enabling Hardrockcasino.nl to offer a fully branded live casino experience.
