Apple iSports has signed a Definitive Agreement to acquire LBC Enterprises Pty Ltd, an online gaming, wagering, and payment systems company based in Queensland, Australia. This acquisition, unanimously approved by the boards of both companies, is expected to close in the third quarter of 2025, subject to regulatory approvals and closing conditions. LBC will continue to operate under its brand, with CEO Ian Parke at the helm. This strategic move aims to enhance Apple iSports' service offerings in the B2B and B2C sectors, positioning the company as a competitive player in the U.S. and international gaming markets.
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