FUN Technology sells the majority of equity interest in Betbull

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The online gaming provider sold an aggregate of 686,700 ordinary shares of the betting exchange quoted on the Viennese stock exchange for a total consideration of EUR 4.8 million.

FUN Technology, which will continue to hold 413,300 ordinary shares of Betbull, confirmed its intention to focus on its core business of skill gaming.

Earlier last week, SkillJam, the group\’s skill gaming subsidiary, signed an agreement to develop, operate and support a pay-for-play skill-gaming platform, encompassing over 70 tournament-style online games, for the official website of the National Hockey League,