Giant gaming manufacturer Aristocrat Leisure Limited announced that it has agreed to purchase Awager Ltd, from funds managed by Oaktree Capital Management, L.P., for an undisclosed sum, subject to the receipt of regulatory pre-approvals.
Headquartered in Tel Aviv, Israel, with around 75 employees based across Israel, Eastern Europe, and the U.S., Awager is a leading provider in the fast-emerging and regulated Live Slot Streaming segment.
Currently, Awager offers gaming operators a new digital channel to engage and entertain players, delivering genuine, real-time casino gameplay experience leveraging a portfolio of third-party content. With innovative technology and exclusive distribution agreements with top iGaming platforms, Awager is already the clear market leader in the U.S., with significant scope for growth with the benefit of premium Aristocrat content and distribution networks, post-acquisition. The transaction is currently expected to close in the coming months.