SYDNEY, AUSTRALIA – Aristocrat has agreed to acquire Awager from funds managed by Oaktree Capital Management for an undisclosed sum, subject to the receipt of regulatory pre-approvals.
Awager is a provider in the fast-emerging and regulated live slot streaming segment. The company offers gaming operators a new digital channel to engage and entertain players, delivering a genuine, real-time casino gameplay experience leveraging a portfolio of third-party content. With innovative technology and exclusive distribution agreements with iGaming platforms, Awager is a market leader in the U.S., with significant scope for growth with the benefit of premium Aristocrat content and distribution networks, post-acquisition. The acquisition of Awager will bring new capabilities in line with our strategy.
Awager is headquartered in Israel, with around 75 employees based across Israel, Eastern Europe and the U.S. The transaction is expected to close in the coming months. Aristocrat was advised by UBS and Moelis & Company LLC advised Oaktree on this transaction.
