EC okays Blackstone’s Cirsa acquisition

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The European Commission has cleared the US-based Blackstone’s purchase of Spain-based Cirsa Gaming Corporation.

With this, the US-based investment company and global alternative asset manager has finally completed its acquisition of one of the world’s largest gaming groups with casinos, bingo halls, gaming machines, arcades and distribution companies in Europe, Morocco and Latin America.

The Commission concluded that the proposed acquisition would raise no competition concerns because of the limited impact on the market structure.

Source: European Gaming Industry News

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.