Merkur Group has agreed to acquire US-based slot provider White Hat Studios to strengthen its presence in the American market. The transaction includes the studio's game portfolio but excludes the White Hat Gaming platform and white label businesses.
Portfolio and Market Position
White Hat Studios was founded in 2021 and has since launched online slots in all seven regulated US states. Its catalog features the House of Brands collection, the 7s Fire Blitz series, and the Jackpot Royale network. Merkur Group intends to use these assets to expand its omni-channel offering.
This acquisition follows Merkur Group's recent purchase of Gaming Arts, a Nevada-licensed supplier. Andy Whitworth, president of White Hat Studios, stated that joining Merkur Group supports future growth and product innovation. Lars Felderhoff, chairman of the Merkur Management Board, noted that the move continues the company's expansion in regulated igaming.
The deal is subject to regulatory approval. Oakvale Capital advised White Hat Studios, while CMS and Wiggin served as legal advisors. Michael Gauselmann, chairman of the Merkur Supervisory Board, expressed confidence in the addition to the group.