Apple iSports to Boost Business Via LBC Enterprises Acquisition

Apple iSports, an emerging gaming, entertainment, and technology services provider, announced that it has penned a definitive agreement to acquire LBC Enterprises, an online gaming, betting and payment systems company. The agreement will boost Apple iSports’ business, allowing it to expand its presence in the US.

Apple iSports Is Pursuing Growth in the US

Based in Queensland, Australia, LBC Enterprises is a leading gaming and fintech company. In addition to offering platform services, LBC Enterprises operates the Lucky Bet brand, a digital-first casino and sportsbook targeting growth in a number of key markets.

According to the announcement, Apple iSports, whose leadership has unanimously approved the transaction, will buy out all of LBC Enterprises’ shares. The deal is expected to close in Q3 2025 and is subject to certain closing conditions and regulatory approvals.

If the agreement goes through, LBC will continue to operate under its own brand, with CEO Ian Parke to remain at its head. Parke, as well as other LBC members, meanwhile, will join Apple iSports’ board as directors, contributing their experience to the company.

By acquiring LBC, Apple iSports will boost its business, setting it up for success in America and beyond. The arrangement is a testament to Apple iSports’ ability to execute major strategic transactions that align with its overall strategy.

Executives Welcomed the Mutually-Beneficial Opportunity

Executives commented on the new agreement with Apple iSports’ chair and CEO, Joe Martinez, stating that his team is looking forward to completing the deal. According to Martinez, the agreement will significantly enhance the company’s presence in the regulated gaming sector.

Board member Lyndon Hsu echoed Martinez’ words, saying that the expansion will not only expand Apple iSports’ B2B and B2C reach but will also accelerate its capital raising objective, setting it up for further acquisitions.

Hsu added that Apple iSports remains bullish on becoming a NASDAQ mainboard-listed company.

Ian Parke, LBC’s chief executive, was likewise pleased with the transaction, which, according to him, validates the global opportunity his team sees in regulated, tech-driven gaming. Parke added:

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.

Ian Parke, CEO, LBC Enterprises

Speaking of M&A activity within the gaming sector, Australian sportsbook giant PointsBet recently reiterated its support for MIXI Australia’s acquisition proposal, rejecting Betr’s all-scrip deal.

Elsewhere, Polymarket unveiled its long-awaited comeback to the United States via the acquisition of QCEX.