Canada-listed Gaming Nation has successful acquired stadium betting services provider BD Sport for a total purchase price of £11,000,000 (US$13 million).

Insider Media reported that Gaming Nation has closed the purchase of the UK-based in-stadia marketing specialist after satisfying the conditions and securing regulatory approvals in the United Kingdom and Canada.

The purchase price consists of a total cash payment of £8,800,000 with additional earn out provisions with an additional earn-out provision of up to £2.2m.

“We are excited to have closed the acquisition of BD Sport Group and look forward to integrating the infrastructure and management expertise into our operations,” Gaming Nation President and CEO Scott Secord. “The combined synergies of 5050 Central and BD Sport will provide a platform for growth in both companies in an aggressive and profitable fashion.”