Online Casino LeoVegas acquires popular online slot game-maker Push Gaming

LeoVegas has made a move by acquiring Push Gaming in a deal valued at €350 million (USD $405 million).

The acquisition, set to be finalized in the fourth quarter of 2022, entails the Malta-based online casino LeoVegas brand gaining ownership of Push Gaming’s shares.

Push Gaming is recognized as a provider of online slot games, boasting an impressive collection of over 50 titles.

Showing growth, the company’s revenue surged by 50% in 2021.

LeoVegas, a leading operator in the casino domain with a presence across more than 100 countries, has been experiencing rapid expansion.

In fact, their revenue soared by 40% year over year.

This acquisition marks a triumph for LeoVegas as it propels them forward in the online slots market.

With Push Gaming’s popular online slot games highly sought after by players LeoVegas expects to attract customers and retain their existing player base successfully.

“With an impressive catalogue of games that include fan favourites such as Razor Shark, Wild Swarm and Big Bamboo, Push Gaming will boost the group’s exposure into the booming slots content category and add key proprietary technologies essential for continued international growth,” LeoVegas said.

The consolidation trend within the gambling industry is further emphasized through this deal.

Companies are actively seeking scale and market share through acquisitions that have taken place over the years.

LeoVegas acquisition of Push Gaming represents a milestone that is anticipated to have far-reaching implications for the online gambling industry.


More online casino news


Subscribe
Notify of
guest

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

iOS App
Android App
OnlineCasinoGames
Play the best Online Casino Games
Available to residents of United States
Welcome package of $20,000

18+. Gamble Responsibly. Full T&C's apply.

iOS App
Android App
BETMODE
Play, Win and Run the show with On-Chain Gaming
Available to residents of United States
75 Free Spins + Up To 50% Cashback

Deposit $500 or more and get 50% cashback. 18+ Gamble Responsibly. BETMODE T&Cs apply.

iOS App
Android App
ReefSpins
ReefSpins is for winners
Available to residents of United States
100% match up to $300

ReefSpins encourages all players to play responsibly and within their limits, gamble responsibly. Full T&C's apply.

BetOnline Casino
Trusted brand
Available to residents of United States
100 Welcome Free Spins

Sign up at BetOnline Casino and make a deposit to score 100 free spins on selected online slots. Full terms.

Bovada Casino
Bitcoin Friendly
Available to residents of United States
100% up to $3000

18+. Gamble Responsibly. Full T&C's apply.

Wild Casino
It's a jungle out there
Available to residents of United States
$5000 + 225 free spins

18+ gamble responsibly. First deposit only. Use code WILD250. Max deposit $1000. 5x turnover requirement. Full terms

0
Would love your thoughts, please comment.x
()
x