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Merkur Group announces acquisition of White Hat Studios

The group has outlined that this move reflects the next phase in its US expansion strategy.

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Key Points
White Hat Studios has been acquired by Merkur Group
The transaction fee for this merger has not yet been revealed
White Hat’s gaming platform and white label business are not included in the merger

Merkur Group has announced the formal acquisition of supplier White Hat Studios for an undisclosed fee, subject to regulatory approvals.  

Indeed, this transaction comes as the latest phase of Merkur’s US expansion strategy and sees the operator become active via White Hat’s operations in all seven regulated iGaming states. Nevertheless, Merkur has outlined that the White Hat Gaming platform and white label business will remain under their current ownership – as they are not included as part of this merger.  

For White Hat Studios, this latest development follows the supplier’s recently announced partnership with Delaware North toward the end of 2025, with the company also more recently assisting in the release of Fanatics’ Super Mode launch in May.  

Speaking on this latest update, Andy Whitworth, President of White Hat Studios, said: “Joining Merkur Group is an exciting moment for everyone associated with White Hat Studios and, fundamentally, it is the best possible move to realize our ambitions for future growth and product innovation.  

“Working alongside the hugely experienced Merkur team will open new possibilities for us across iGaming and enhance our ability to develop a world-class omni-channel proposition that will benefit both operators and players.” 

This sentiment was echoed by Merkur’s Chairman of the Management Board, Lars Felderhoff, who added: “White Hat Studios has delivered impressive growth since its launch. We look forward to working with the team to continue the U.S. success story and, in turn, Merkur’s expansion in regulated iGaming.” 

For Merkur, this deal comes following an additional merger announced by the company in the US market, as the supplier also completed its acquisition of Gaming Arts. 

Good to know

White Hat was the first online gaming studio to launch in all seven regulated US iGaming states

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