Canada-based iGaming Studio

A well-established, Canada-based iGaming studio offering dual-certified portfolios:

- Class II: 70+ NIGC-certified bingo-style titles (largest global catalog)
- Class III: 80+ GLI-19-certified RNG slot and table games

Built on a Java/Apache backend with an HTML5 frontend, API-first (JSON/REST) architecture, and hosted on AWS, the studio delivers scalable, turnkey gaming solutions.

Key Highlights:

- Recurring Revenue: Conservative low-mid six-figure ARR, with contracts signed to drive ARR toward high-six figures.
- High Margins & Lean Operation: ~75% gross margin; staffed by one full-time technical lead, outsourced design/QA/support, and commission-only sales reps.
- Regulatory Compliance: Fully certified under NIGC, GLI, U.K., Canada, Australia, and Isle of Man jurisdictions; zero compliance issues.
- Experienced Team: Founder/CEO (sole shareholder) with 20+ years in gaming; full-time technical lead committed to stay.

Transaction Details:

- Structure: 100% equity sale
- Valuation: 2.5×–3.5× ARR (subject to due diligence, backlog/pipeline adjustments)
- Consideration: ≥ 70% upfront cash; ≤ 30% earn-out tied to revenue milestones
- Due Diligence: 45-day exclusivity period; target closing Q3 2025

Included Assets:

- All IP (source code, game assets, artwork, sound, trademarks)
- Current NIGC & GLI certifications
- Domain names & websites
- AWS accounts & DevOps scripts
- Client contracts (subject to consents) & receivables

Management & Transition:

- 30-day handover by Founder/CEO and technical lead
- Optional 6–12 month advisory retainer available
- Key team members (CTO, designers, QA, support) are committed to stay
- Founder non-compete for 24 months in key markets

Opportunity Summary:

Acquire a turnkey, high-margin iGaming studio with robust certifications, a diversified game catalog, and a scalable tech stack. With a proven client base, strong ARR trajectory, and minimal operational overhead, this opportunity is ideal for strategic acquirers or financial investors seeking immediate market entry and growth in regulated gaming sectors.