Banijay Gaming has entered an agreement to purchase the French casino network operated by Groupe JOA. The transaction will be executed through a put option arrangement.
Transaction Structure and Market Position
The acquisition targets Groupe JOA’s existing casino operations. Banijay Gaming will secure the assets by exercising the put option, with the required funds allocated for the purchase. This mechanism allows the buyer to finalize the transfer of the French network under agreed financial terms.The deal extends Banijay Gaming’s presence in the European regulated sector. Groupe JOA currently oversees a portfolio of casino venues and related gaming services. The integration will follow the completion of the put option exercise and routine corporate procedures.