MRG establishes operations in the Baltics by the acquisition of the iGaming operator 11.lv
As part of its strategy to establish operations in the Baltics, MRG has signed an agreement to acquire a majority of the Latvian gaming operator 11.lv. The Baltics – Estonia, Latvia and Lithuania – is regulated across all countries with national regulations and licensing systems. The region is characterized by robust growth for iGaming. The Baltic market for iGaming grew by 45 per cent in 2017. ”This is a major step in our strategy to expand into locally regulated markets”, says Per Norman, CEO of MRG. “We foresee excellent growth opportunities for our strong Mr Green and Redbet