Redbet pay out 2 many litigation

Abbatina sued Redbet of hundreds of thousands turns into portion owner of the gaming enterprise.

Just in excess of a yr back, the conflict concerning the organization Abbatina Malta and gaming organization Redbet Keeping seen. Now the reconciliation of your functions.

The settlement means that Redbet switch Abbatina using an sum of 1.twenty five million, which is paid at one.twenty five million in cash and 588 235 new shares within the holding enterprise.

– With this settlement, the events agreed the very best consensus and may jointly set it guiding us. Redbet welcome Abbatina as being a shareholder inside the organization, states Claes Hallen, CEO of Redbet.

Abba Tina sued Redbet to enjoy the company’s subsidiaries haven’t compensated their personal debt and that the company experienced no unbiased exercise but that each one functions are built-in during the keeping company.

Abbatina demanded 750 000 euros from Redbet.