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
BEGE Awards distinguish outstanding gaming industry achievements in 22 categories
(Sofia).- At an official ceremony hosted by the Black&White Club, part of the Palms Royale Sofia complex, the annual BEGE awards for achievements in the gaming and entertainment industry were given in the presence of senior management officials from the leading companies in the industry.
Thursday 23 Nov 2023 / 12:00
CT Gaming’ Casino-Management System triumphs at BEGE Awards!
(Sofia).- It is with great pleasure to announce that CT Gaming has been honored with the prestigious ‘Casino Management System of the Year’ award at the BEGE Awards!
Thursday 23 Nov 2023 / 12:00
CT Interactive with three prestigious awards at the BEGE ceremony
(Sofia).- CT Interactive, a leading provider of online gaming solutions, has won three prestigious awards. The company’s game “Treasure Chase” was honored with the title of “Online Game of the Year,” while CT Interactive itself was recognized as the “Online Provider of the Year” at the BEGE 2023 ceremony. The CEO of the company – Lachezar Petrov won the executive of the year award.
Wednesday 22 Nov 2023 / 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.