Merkur Group agrees to acquisition of White Hat Studios

The Merkour Group, an international gaming titan with subsidiaries in Malta, is expanding its US operations through the agreed acquisition of slots provider White Hat Studios.

“Since its inception in 2021, White Hat Studios has rapidly grown to become one of the leading providers in the U.S. iGaming market, and the first to launch online slots across all seven regulated states. The company’s extensive portfolio includes the ever-expanding ‘House of Brands’ slot collection, the award-winning 7s Fire Blitz™ game series, and the Jackpot Royale™ progressive network,” Merkour said in a statement.

Through this acquisition, Merkur Group intends to further accelerate its U.S. expansion, with the move complementing its recent acquisition of Gaming Arts, the Nevada licensed game and machine supplier. “The expanded group is now positioned to support operating partners’ growth ambitions through its portfolio of both online-first and omni-channel games.”

The agreed acquisition of White Hat Studios is subject to regulatory approvals. It said that the White Hat Gaming platform and white label businesses are not part of the transaction and will remain under their current ownership.

Andy Whitworth, President of White Hat Studios, said:“I'm incredibly proud of everything our team has achieved since launching in 2021. Together, we've built a market-leading business, delivered outstanding games, and established ourselves as a trusted partner across the U.S. iGaming market. Joining the Merkur Group gives us an incredible platform to accelerate our growth, drive even more innovation, strengthen our omni-channel offering, and create even greater value for our operator partners and players.”

Lars Felderhoff, Chairman of the Merkur Management Board, commented:“White Hat Studios has delivered impressive growth since its launch. We look forward to working with the team to continue the U.S. success story and, in turn, Merkur’s expansion in regulated iGaming.