Aristocrat to acquire Awager Ltd.

Australia’s Aristocrat Leisure Limited announced that it has agreed to acquire Awager Ltd. from funds managed by Oaktree Capital Management, L.P. for an undisclosed sum, subject to the receipt of regulatory pre-approvals.

Awager is a leading provider in the fast-emerging live slot streaming segment. With innovative technology and exclusive distribution agreements with top iGaming platforms, Awager is already a market leader in the U.S., with significant scope for growth with the benefit of premium Aristocrat content and distribution networks, post-acquisition.

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.