Agreement signedPublished 18 Feb 2025

LNW Gaming, Inc. /
Grover Gaming, Inc.

LNW Gaming to purchase charitable gaming business from Grover Gaming

Buy side: LNW Gaming, Inc.
Buy sideLNW Gaming, Inc.
Target: Grover Gaming, Inc.
TargetGrover Gaming, Inc.
Source · 18 Feb 2025Source-verified
Buy side: LNW Gaming, Inc.
Buy sideLNW Gaming, Inc.
Target: Grover Gaming, Inc.
TargetGrover Gaming, Inc.
01 / BuyerLNW Gaming, Inc.
02 / TargetGrover Gaming, Inc.
Source-verified
01

What happened

LNW Gaming, Inc. agreed to acquire assets and related liabilities that make up the charitable gaming business of Grover Gaming, Inc. and G2 Gaming, Inc. The agreement was signed Feb. 17, 2025.

Consideration includes $850 million in cash at closing, subject to customary purchase price adjustments, and up to $200 million in earn-out payments over four years. The transaction is expected to close during the second quarter of 2025, subject to approvals and customary closing conditions.

02

The source

Everything on this page comes from the source below.

01
Source · Original source

LNW Gaming to purchase charitable gaming business from Grover Gaming

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Agreement signed

    The source this page is built from.

    Source-verified
  2. Published by the source

    The source this page is built from.

    Source-verified
  3. Expected close

    The source this page is built from.

    Source-verified

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