LeoVegas Group to Become Majority Shareholder of Push Gaming
LeoVegas Group has announced that it has agreed to purchase the majority of Push Gaming’s shares.
Push Gaming is widely recognized as a leading, innovative developer of online slots. While its portfolio is relatively small, at around 30 titles, it is not lacking in quality, and games such as Razor Shark, Wild Swarm, Big Bamboo, and Jammin’ Jars are offered by more than 200 operators around the world.
LeoVentures, LeoVegas Group’s investment branch, is to make the acquisition. The hope is that it will help the company gain a foothold in the world of slot development. Furthermore, the ownership of Push Gaming’s proprietary technology, IP, and development skills will help LeoVgas Group boost its production capabilities.
Push Gaming will remain an independent entity while part of LeoVegas Group. It will keep its own employees, and its games will be released via the company’s platform and remote gaming server.
I’m thrilled to welcome Push Gaming to our extended family! The management team has been on a phenomenal journey, growing the company rapidly from a small start-up to a leader in its field. Push Gaming has an outstanding track record, proprietary tech, and fantastic intellectual property that will ensure we give customers the very best, cutting-edge entertainment.
James Marshall, the Push Gaming CEO, and Co-Founder, stated that the deal is a testament to the work done by the company in progressing from start-up to supplier to the industry’s leading brands.
He added, “We have ambitious plans, and we can now supercharge our growth with the backing of LeoVegas and MGM. We look forward to scaling up our development capabilities, entering new markets, and taking our products to the next level.”