Gaming: Merkur-Balkan bet cross-ownership

BDK Advokati advised Mr. Aleksandar Jojić, a minority shareholder of Balkan Bet, on the acquisition of 49% of share capital of Merkur Gaming Slots d.o.o. Belgrade from adp Gauselmann GmbH. This acquisition is a final step in the global transaction agreed between Mr. Jojić and adp Gauselmann GmbH in which Merkur Gamig Slots also acquired from Mr. Jojić 51% of share capital of Balkan Bet.

Merkur Gaming Slots is a household name in land-based gaming products like games, slot cabinets and progressive jackpots systems. Balkan Bet is a popular betshop in Serbia, with over 120 outlets and over 900 employees.

The deal was closed on 10 September 2018 upon the approval of the Serbian Competition Commission.

BDK Advokati’s team was led by senior partner Vladimir Dašić, who was assisted by associate Jelena Zelenbaba.