Revolver Gaming to be obtained by Stockholm’s Woman Luck Game titles

Girl Lucks Games of Sweden has dedicated to order Britain-centered Revolver Gaming in a dollars and shares offer. Lady Luck will concern new stock to go over part of the acquire and has fully commited €750,000 in cash to the offer.

In accordance to a report in iGaming Company, the new issuance will depict about 8.5% of whole business shares right after the inventory is issued.

Revolver is a little but reasonably perfectly-recognised developer in the marketplace with a portfolio of just over a dozen titles. All game titles are designed and sent on their possess distant gaming servers and in HTML5 for prompt participate in on any unit. The online games are presently sent in Asia, South The usa, and Europe.

Expertise Coming Alongside

Involved in the letter of intent are the transitions to Woman Luck of John Penntoft and Carl Washlin, both equally with in depth experience in the Asian gaming markets.

The enterprise was launched in 2010 by South African Daniel Lazurus. The founder mentioned: “The option for a merger between Lady Luck Video games and Revolver Gaming is superb for equally functions. At any time since we started our initial conversations, we have been impressed by their passion for our small business and their willingness to guidance our bold designs for the long term.

“The opportunity synergies, the expanded current market access that the deal provides and the remarkable workforce at has persuaded us that Revolver, with support from Woman Luck, will continue on to create in the greatest achievable way and even more reinforce our business existence and purchaser giving.”

Former Field Moves

In late summer season 2021, Lady Luck Games announced the acquisition of Spigo ApS’s Denmark-going through functions, and much more recently the supplier gained certification from iTech Labs providing them accessibility to just about 50 percent a dozen new markets including Sweden, Denmark, Germany, Italy, and Holland.

Woman Luck CEO Mads Jørgensen explained. “This is our next acquisition in the final 3 months, and I am delighted to be in a position to show our shareholders and the marketplace that we are delivering on our established acquisition tactic.

“The point that Fortunate Online games can get a firm of this caliber is a distinct sign of toughness. We have recognized a range of very clear synergies and I am exceptionally content to have the privilege of doing work with the bold group at Revolver Gaming in the future.”

Revolver Gaming is certified by the Gambling Commission in Great Britain, possessing attained that license in 2015.

Source:

Girl Luck Game titles agrees to get Revolver Gaming, iGaming Business, November 17, 2021