ENTRY D-10 · ANNOUNCED · LOGGED 26 OCT 2026 18:06 UTC

M&A · Asset acquisition, announced

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

  1. 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.