Aristocrat Leisure Limited, which has been looking to enter the online gaming market for the past two years, announced it is acquiring Roxor Gaming, a leading B2B online real money gaming supplier and a subsidiary of the privately held London-based Anzo Group, for an undisclosed amount.
Aristocrat will fund the transaction from existing cash. The acquisition is expected to complete in the first quarter of the calendar year 2023, subject to regulatory approvals and customary closing conditions.
As part of the transaction, Aristocrat will also acquire Roxor’s two in-house game development studios, bringing further online RMG-specific technical and product development talent to the group.
Roxor’s remote gaming server and publishing technology will accelerate the delivery of Aristocrat’s strategy to grow and scale in online real-money gaming (RMG).
“I am delighted to see this deal signed as I feel it brings together two great companies that complement each other perfectly,” Noel Hayden, executive chairman of Roxor Gaming, said in a press statement. “Roxor holds a very important place in my heart, as the team and the games we have built have delivered so much to so many over the last 20 years. I couldn’t be more excited for Roxor Gaming and the road ahead.”
Mitchell Bowen, CEO, online RMG, Aristocrat, added, “Roxor is a great fit for Aristocrat, and this acquisition is another step forward in Aristocrat’s strategy to scale in online RMG. We look forward to growing together with the talented Roxor team.”
This deal has happened at the perfect time for Roxor Gaming,” said Josh Morris, general manager, Roxor Gaming, “as we look to expand and grow through new partnerships in the U.S. and U.K. markets. Aristocrat has a huge heritage of global success, and I feel that the combination of Roxor and Aristocrat brings a significant opportunity to build the most entertaining and widely adopted iGaming solution in the market.”
Aristocrat’s successful closing of the deal to enter the iGaming space follows an unsuccessful attempt last year to acquire Playtech.
