How to Buy an Online Casino

    A buyer's guide to acquiring an iGaming business — from initial search to post-acquisition integration.

    KYC
    All sellers verified
    NDA
    Protected deal room
    Escrow
    Secure fund transfer
    10%
    Success fee only

    The Acquisition Process

    1

    Define Your Acquisition Criteria

    Before searching, be specific about what you want. Define your target geography, licensing jurisdiction, revenue range, business type (casino, sportsbook, or both), player count, and acquisition budget. Clarity speeds up the process significantly.

    2

    Source Vetted Opportunities

    iGacquire provides a curated marketplace of verified listings. Each seller has passed KYC verification and the listing has been reviewed. You can browse public summaries and request confidential access once you sign an NDA. You can also submit an acquisition brief and be matched with off-market opportunities.

    3

    Sign NDA & Access Confidential Data

    After signing the NDA (managed digitally on iGacquire), you gain access to the seller's data room containing financials, player metrics, licence documents, and tech stack details. All access is logged and tracked.

    4

    Conduct Due Diligence

    Thorough due diligence is non-negotiable in iGaming. Key areas include: financial verification, licence validity and transferability, software platform audit, player database quality analysis, payment provider relationships, and regulatory compliance history. Use iGacquire's built-in DD checklist.

    5

    Negotiate & Structure the Deal

    iGaming deals can be structured as asset purchases (buying the business assets) or share purchases (buying the company). Share purchases transfer all contracts and licences automatically but also inherit liabilities. Asset purchases let you cherry-pick what you acquire. Each has different tax and regulatory implications.

    6

    Close via Secure Escrow

    Funds are placed into an independent escrow account. The asset transfer — including licence, platform, and player accounts — is completed and verified before funds are released to the seller. iGacquire supports both fiat (Escrow.com) and crypto (LEXR) settlement.

    Red Flags to Watch Out For

    Reluctance to provide audited financials
    Unusually high bonus costs hiding real GGR
    Pending regulatory investigations
    Key person dependency (one employee runs everything)
    Non-transferable or soon-expiring licence
    Abnormal chargeback or fraud rates
    Large undisclosed liabilities to payment providers
    Software built on licensed (not owned) platform

    What Makes a Good Acquisition

    Regulated market licence with track record
    3+ years of consistent financial performance
    Growing or stable active player count
    Platform with modern APIs and game integrations
    Clean AML history and KYC compliance
    Reasonable valuation (2–5× EBITDA)
    Motivated seller with clean ownership structure
    Clear path to licence transfer

    Related Guides

    Ready to Find Your Next Acquisition?

    Browse verified iGaming businesses for sale or submit your criteria and let us match you with opportunities.