France Pari announced it had had purchased Spanish sports betting company Suertia as part of its European development strategy.
Terms of the deal were not disclosed, but the company did say it had acquired 100 percent of the shares in Suertia. The company is already active in the French, Belgian and Maltese sports betting markets.
“The acquisition of a company like Suertia with such a potential growth on the dynamic Spanish sports betting market opens a new stream of development for our group, both for acting directly as an operator and also for providing our sportsbook and our technology to other operators,” the company said in a statement.