32Red Acquires Roxy Palace Casino
32Red plc has closed the deal with Roxy Palace Casino acquiring the online gambling business for a total of £8.4 million (EUR11.8 million/$13 million). 32Red now owns the customer database, intellectual property rights, and some other assets used in connection with the business via the acquisition of the entire issued share capital of Eucalyptus Investment, a wholly-owned subsidiary of Hyperlink Media Limited and Applied Logics.
Roxy Palace Casino is licensed in Malta and the United Kingdom. Like 23Red, the casino operates on Microgaming platform, which will make the transition smooth. Currently, Roxy Palace offers more than 400 downloadable, instant play and mobile games, cashable bonuses and very fast payouts.