On March 12, the Gauselmann Group announced that they have acquired a significant majority stake in Bede Gaming. Bede develops and markets online gaming platforms for casino operators, sports betting platforms, and lottery offerings operators.

Gauselmann Group plan to launch their new online gaming market in Germany in 2021. This creates new opportunities ahead of that release according to CEO and founder Paul Gauselmann:

“Bede’s technological expertise is very impressive and its highly complex solutions are the first choice for leading gaming companies not only in the UK but around the world. This acquisition will allow us to significantly broaden the existing technology base within the Group and at the same time enable us to offer it to our customers and partners.”

According to the agreement, Gauselmann Group will further expand its operations into the North American lottery market using its partnership with Bede Gaming, who has a partnership with the Ontario Lottery and Gaming Corporation (OLG).