Revolver Gaming to be acquired by Stockholm’s Woman Luck Video games

Woman Lucks Games of Sweden has dedicated to obtain Britain-based mostly Revolver Gaming in a income and shares deal. Girl Luck will problem new inventory to go over component of the invest in and has dedicated €750,000 in funds to the deal.

According to a report in iGaming Enterprise, the new issuance will signify about 8.5% of full enterprise shares following the stock is issued.

Revolver is a little but pretty nicely-regarded developer in the marketplace with a portfolio of just in excess of a dozen titles. All game titles are formulated and delivered on their individual distant gaming servers and in HTML5 for instant participate in on any product. The games are at this time sent in Asia, South The usa, and Europe.

Talent Coming Along

Integrated in the letter of intent are the transitions to Lady Luck of John Penntoft and Carl Washlin, equally with in depth practical experience in the Asian gaming markets.

The firm was launched in 2010 by South African Daniel Lazurus. The founder stated: “The option for a merger between Girl Luck Game titles and Revolver Gaming is excellent for both get-togethers. Ever given that we began our 1st conversations, we have been amazed by their passion for our organization and their willingness to guidance our bold designs for the potential.

“The potential synergies, the expanded current market achieve that the offer provides and the wonderful staff at has convinced us that Revolver, with guidance from Woman Luck, will continue on to produce in the greatest possible way and even more strengthen our commercial presence and client offering.”

Prior Industry Moves

In late summer season 2021, Girl Luck Online games declared the acquisition of Spigo ApS’s Denmark-struggling with functions, and a lot more not too long ago the service provider been given certification from iTech Labs supplying them obtain to pretty much fifty percent a dozen new marketplaces together with Sweden, Denmark, Germany, Italy, and Holland.

Lady Luck CEO Mads Jørgensen stated. “This is our next acquisition in the last a few months, and I am delighted to be ready to display our shareholders and the market that we are offering on our set acquisition approach.

“The simple fact that Lucky Video games can receive a enterprise of this caliber is a obvious signal of power. We have recognized a range of apparent synergies and I am particularly happy to have the privilege of doing work with the formidable group at Revolver Gaming in the long term.”

Revolver Gaming is licensed by the Gambling Fee in Great Britain, acquiring attained that license in 2015.

Resource:

Lady Luck Online games agrees to purchase Revolver Gaming, iGaming Organization, November 17, 2021