Games Global Completes Acquisition of Microgaming’s Business and Portfolio
Microgaming, a world-leading online casino content developer, has finalized the sale of its game portfolio and distribution business. Games Global Limited, a new iGaming behemoth, has completed the transaction. The company has purchased ownership of an expansive catalogue of first-class content and a vast network of clients, counting over 900 brands. Upon signing the deal, Microgaming will now focus on offering services and platform systems to leading iGaming brands. The extensive customer network includes Games Global and its clients, continuing successful business cooperation.
Microgaming will also license its in-house betting software to the leading sports wagering operator in the industry, Betway. Additionally, the enterprise will continue investing in technology and building on it accordingly. Games Global is a privately-funded company led by Walter Bugno, formerly of Lottomatica and IGT. Its CFO is Tim Mickley, a member of Playtech and SafeCharge. The company was founded in early 2021 with the ambition to become a leading online casino content supplier in the industry. The company has made a giant step towards its goal by acquiring Microgaming and its award-winning game library.
New Era
The completed transaction marked the beginning of a new era in the iGaming sector. In addition, the business includes an extensive game portfolio, an iconic progressive jackpot network and multiple game studios. Games Global has established a front-running market position with the licensing procedure in order. The company has cemented its stature across the industry, promising a bright future for the enterprise. Moreover, the leadership team has more than 200 years of experience combined, boasting over 1,100 employees. The enterprise launched with 3,000+ games and jackpot releases while serving nearly 1,000 brands. This acquisition is only the beginning, for there is no stopping now for Games Global.
The firm marches forward, planning to incorporate cutting-edge technology and deliver a top-class service to the new and existing customers. With the acquisition of Microgaming, Games Global brings the most innovative and influential studios to the table. Many new ones are also ready to find their way in the industry with the help of this titan. Furthermore, the company is resolved to offer each studio freedom, tools, network and platform to explore its creative possibilities. Innovation is the most important in business for Games Global, looking to build on its portfolio and push the industry boundaries.
Defining the Future
The officials are thrilled the business is finally underway. Walter Bugno has spoken of his immense pride and enthusiasm, promising steady growth and success. Games Global is ready to lead innovation, make a difference in the field and define the future. The top of the game is only a starting point for the company and its partners. Every employee is driven to be the best they can be, and they plan to achieve this goal quite soon.
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