M&A

04.09.2023

by Mateusz Mazur

Last update: 04.09.2023 10:57

LeoVegas Group Completes Acquisition of Majority Stake in Push Gaming

LeoVegas Group Completes Acquisition of Majority Stake in Push Gaming iGamingExpress

LeoVegas Group announced on May 1, 2023, its intention to acquire a majority stake in the renowned game developer Push Gaming. Last Friday, the acquisition was successfully finalised, and LeoVegas Group welcomes all employees of Push Gaming into its fold.

This strategic move is set to significantly enhance LeoVegas Group’s presence in the thriving slots content category, with Push Gaming’s exceptional game catalog, including beloved titles like Razor Shark, Wild Swarm, and Big Bamboo.

Boosting Slots Content and Proprietary Technologies

The addition of Push Gaming to LeoVegas Group’s portfolio promises to bolster the Group’s position in the rapidly growing slots content market. Moreover, this acquisition brings essential proprietary technologies that will facilitate the Group’s continued expansion on the international stage.

Under the banner of LeoVegas, Push Gaming’s dedicated team of over 100 employees will continue to craft high-quality games. These games will be available through major operators worldwide, further solidifying Push Gaming’s reputation for delivering exceptional gaming experiences.

Maintaining Independence and Leadership

Push Gaming will retain its autonomy as an independent entity within the LeoVegas Group. The company will continue to operate under the guidance of its existing management team, with co-founders Winston Lee and James Marshal serving as COO and CEO, respectively.

The completion of the acquisition of Push Gaming by LeoVegas Group marks a significant step forward in the Group’s strategic expansion efforts. With a commitment to delivering top-tier games and retaining Push Gaming’s independence, LeoVegas Group aims to strengthen its position in the competitive gaming industry and continue to offer thrilling experiences to players worldwide.

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