Bragg in May this year brokered a deal worth $30m (£22.5m/€26.5m) – comprising 10m in cash and $20m in common shares of Bragg – to acquire the entire Spin Games business.
The agreement was subject to a host of regulatory approvals, including clearance from the Pennsylvania Gaming Control Board, which was confirmed yesterday (December 15).
Having secured full regulatory approval, Bragg said the deal is now clear to complete early next year.