Bede Gaming has grown into a leading provider of software for the online gaming industry since its inception in 2011 and operates some of the largest brands in the sector.
The platform processes several hundred million transactions per month. It is scalable, modular and adaptable and thus enables the operator to integrate any third-party software into the platform or to use their tailor-made tools.
The platform can also be integrated into conventional systems and thus offers a true omni-channel convergence solution. The ISO 27001 certified company is headquartered in Newcastle upon Tyne, UK, and licensed by the UK Gaming Commission.
In March 2020 the Gauselmann Group has acquired a dominant majority stake in the British development studio Bede Gaming. The company, based in Newcastle upon Tyne, develops and sells online gaming platforms for operators of casino, sports betting and / or lottery offers. With the takeover, the Gauselmann Group is further expanding its strong digital presence, thereby creating additional opportunities for the opening of the German online gambling market in 2021.
In addition, it is gaining a foothold in the North American lottery market, in which Bede Gaming is an important partner of Ontario Lottery and Gaming Corporation (OLG), one of the largest lotteries in the world, operates.
“We are very impressed by Bede’s technology. Well-known gaming companies from Great Britain and beyond use the highly complex solutions. With the takeover, we can significantly broaden the technological basis within the group of companies and at the same time offer it to our customers and partners, ”explains Paul Gauselmann, CEO and founder of the Gauselmann Group. Bede Gaming will operate as an independent business unit within the Gauselmann Group and will continue to have branches in Newcastle-upon-Tyne (Great Britain), Sofia (Bulgaria) and Toronto (Canada). Management will also continue to hold a stake in the company.
“We are pleased that the Gauselmann Group has acquired the majority of Bede. Thanks to Gauselmann’s long-term prospects and financial strength, we will be able to further improve the offering for our existing customers and gain new business partners, ”concluded Joe Saumarez-Smith, Chairman of Bede Gaming. Bede Gaming was advised on the transaction by Oakvale Capital (finance), CMS (law) and BDO (taxes). The Gauselmann Group was advised by Addleshaw Goddard (law) and Grant Thornton (tax / finance).