LeoVegas to Sell Subsidiary Authentic Gaming
2 minutos de lectura
(Stockholm).- Authentic Gaming has developed into a profitable company with a prominent position in its niche in the live casino market. Genting, with over 50,000 employees, is one of the world's largest groups in land-based casino with a rapidly growing digital business arm. Authentic Gaming is one of three holdings included in LeoVentures, the LeoVegas Group's investment company for innovative gaming-related businesses.
"We have now laid the foundation for Authentic Gaming to take its next big step in live casino," comments Jonas Delin, CEO and founder of Authentic Gaming. "I am very happy that Genting, with more than 50 years of experience in gaming and entertainment, shares our vision to weave online and land-based casino and has chosen to invest in our product and team. At the same time I want to thank LeoVegas for their tremendous support since the start and for the platform that LeoVentures has created for us to take us to where we are today."
Jeremy Taylor, Managing Director of Genting Online, comments: "Our global presence in land-based casino gives us a platform to grow online at a fast pace. Our vision is to offer our customers an amazing gaming experience from all of our casinos around the world, 24 hours a day through any device. With Authentic Gaming's advanced technology and innovative product, we are convinced that together we have a good position to realise that vision."
Gustaf Hagman, Group CEO, LeoVegas Mobile Gaming Group: "This is a milestone for LeoVegas. The time is now right to sell the enterprise to the industry giant Genting, which is the perfect buyer to take Authentic Gaming to the next level. The deal shows our innovative strength in the Group and our ability to develop and build sustainable companies. We have thereby created shareholder value with more than a 100% return on our investment in Authentic Gaming."
Categoría:Gaming
Tags: LeoVegas, Authentic Gaming,
País: Sweden
Event
GAT Expo CDMX 2025
28 de August 2025
GAT Expo Mexico 2025 closes with an international agreement and the creation of FIJA Federation
(Mexico City, SoloAzar Exclusive).- The 2025 edition of GAT Expo Mexico culminated with a historic announcement: the creation of the International Federation of Games of Chance (FIJA), the result of an agreement between GAT Events and the main regulators in Latin America. This milestone marks a new chapter of regional cooperation in the gaming industry.
Friday 29 Aug 2025 / 12:00
A Latin American Gaming Network is born: GAT Expo CDMX seals historic alliance between associations
(Mexico City, SoloAzar Exclusive).- As part of GAT Expo CDMX 2025, a groundbreaking agreement was reached among LATAM gaming associations, announcing the creation of a new platform where they can share information and build common visions for the industry.
Thursday 28 Aug 2025 / 12:00
GAT Expo CDMX 2025 marks a milestone: strategic alliances, innovation, and regional vision for the future of gaming in Latam
(Mexico City, SoloAzar Exclusive).- With more than 390 attendees, an impeccable production and a top level agenda, GAT Expo CDMX 2025 got off to a strong start at Expo Santa Fe. The first day not only brought memorable conferences and key debates on the future of gaming in Mexico, but also an announcement that could transform the regional regulatory panorama: a collaboration agreement between GAT and the Iberoamerican Board of Regulators. And it is just the beginning.
Thursday 28 Aug 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.