By
Reuters API
Reuters API
Published
Feb 12, 2018
Feb 12, 2018
Game Digital to open concessions in Sports Direct stores
By
Reuters API
Reuters API
Published
Feb 12, 2018
Feb 12, 2018
British computer games retailer Game Digital said on Monday it planned to put concessions and gaming areas into some Sports Direct stores after agreeing a collaboration with Mike Ashley's sportswear group.
Game said Sports Direct had bought a 50 percent stake in the intellectual property rights of its BELONG gaming arenas for 3.2 million pounds, and in return would take half of the unit's future profits.
It said Sports Direct would also provide loan facilities of up to 55 million pounds to fund new venues for the arenas and to develop its website and related tournament management system.
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