Divjak, Topic & Bahtijarevic has advised Sazka Group on its acquisition of a controlling stake and entrance into a strategic partnership within Super Sport, a Croatian online and land-based sports betting operator. The deal closed in April 2018.
On financial matters Super Sport was advised by KPMG.
The Sazka Group is a lottery and gaming operator with brands in Austria, Croatia, Cyprus, the Czech Republic, Greece, and Italy. The aggregate annual amount of bets placed with companies in which the SAZKA Group holds an ownership interest is in excess of EUR 17 billion.
In its press release, Sazka stated that, "SuperSport has grown rapidly since the business was founded in 2000 and holds licenses and concessions in land-based and online sports-betting granted by the Croatian Government until 2025.”
Robert Chvatal, CEO of the Sazka Group, added, “the acquisition of SuperSport, the market leading Croatian sports-betting company by GGR, has compelling strategic logic, giving SAZKA Group access to an attractive gaming market while strengthening the Group’s position in the dynamic online sports-betting industry.‘‘
According to DTB, “the engagement was extremely multi-layered and included expertise of DTB’s corporate and M&A, games-of-chance, employment, competition, litigation, and banking and finance teams.”
The deal was handled and supervised by Partner Mate Lovric.