Betsson → Rhino Entertainment Group
Betsson has agreed to buy the Canadian business-to-consumer (B2C) operations of Rhino Entertainment Group, along with a package of technology assets for its business-to-business (B2B) arm. The deal covers several Rhino Group entities holding the licences, assets, staff and operations behind Rhino's B2C activity in Ontario and the rest of Canada, plus Rhino's proprietary front-end and middleware technology. Betsson puts the total purchase price at about €64.5m, with €51,250,000 payable at closing and the balance six months later, funded from existing cash. Completion depends on regulatory clearances and is expected in the second or third quarter of 2026.
LOG ENTRY
- Announced
- 12 Mar 2026
- Type
- M&A · asset acquisition
- Acquirer
- Betsson
- Target
- Rhino Entertainment Group
- Seller
- Rhino Entertainment Group
- Markets
- Ontario
- Value
- about €64.5m (about EUR 64,500,000)
- Consideration
- Cash
- Status
- Announced
- Expected to complete
- in the second or third quarter of 2026
- Entry
- D-10
Entry history
- Logged from Company release, 12 Mar 2026
If the deal completes, lapses or changes terms, the update is added here as a new line, and every correction is also listed in the corrections log. Sources last retrieved 23 Oct 2026.