Apple iSports confirms acquisition of LBC Enterprises
Australian online gaming technology and infrastructure provider Apple iSports has agreed to take over online gambling platform operator LBC Enterprises.
The deal is expected to close in the third quarter of 2025.
LBC Enterprises will continue operating under its brand, including its online gaming platform Lucky Bet, led by Chief Executive Ian Parke. Meanwhile, Parke will join the the Apple iSports Board.
The announcement suggested that the move was intended to increase Apple iSports’ revenues from customers and other businesses and allow it to expand into the US.
Parke said, “The proposed acquisition of our company by Apple iSports validates the global opportunity we see in regulated, tech-driven gaming. By combining LBC’s platform and operational expertise with AiS’s capital markets presence and distribution network, we are primed to accelerate our expansion into new markets and scale our white label program. This partnership represents a major step forward for Lucky Bet and the broader LBC ecosystem.”
Apple iSports appointed Lydon Hsu to its board of directors earlier this year. Hsu was brought in to aid Apple iSport’s international expansion and previously had over 21 years of experience as the Co-Chairman of the sports betting and horse racing protection entity, the Victorian Bookmakers Association.
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