MGM Resorts confirmed that its subsidiary LeoVegas is buying sport improvement firm Push Gaming. [Image: Shutterstock.com]
MGM Resorts Worldwide introduced that its subsidiary LeoVegas is buying sport developer Push Gaming. In a Monday press launch, MGM highlighted that it’s LeoVegas’ first important acquisition since MGM Resorts purchased the playing operator final 12 months. The corporate hopes that the Push Gaming deal will increase content material manufacturing and assist contribute to persevering with progress ranges.
will distribute new video games by way of its personal platform
Push Gaming’s administration crew and staff will stay in place and it’ll distribute new video games by way of its personal platform. The deal is anticipated to turn into last within the third quarter, pending the related approvals. Monetary phrases of the transaction weren’t disclosed, however is rumored to be price within the area of €150m ($164m).
MGM Resorts Worldwide Interactive president Gary Fritz defined how the acquisition will assist increase the corporate’s digital gaming attain and vary of merchandise. LeoVegas CEO Gustaf Hagman additionally welcomed the information of the deal, noting Push Gaming’s “excellent proprietary content material” and “robust buyer base.”