Mobile gaming technology company LeoVegas Group has completed its acquisition of game developer Push Gaming, in its first major purchase since it was bought out by MGM Resorts.
Announced last May, LeoVegas says the move follows the company’s strategy of expanding through investing in game content creation and distribution. It added that the acquisition also broadens its activities within the slots content sector, and generally strengthens its capabilities in content production.
LeoVegas also confirmed that Push Gaming’s entire staff complement will be retained as part of the deal.
As part of LeoVegas, Push Gaming will remain independent, under the same management team and its employees will continue to develop games, distributed via their own platform and remote gaming server. Its co-founders, Winston Lee and James Marshal, remain as chief operating officer and chief executive respectively.
“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.
“As part of the LeoVegas pride, the team of over 100 employees will persist in developing high-quality games. These will be available through major operators worldwide.”
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The agreement establishes a formal framework for collaboration, communication and the exchange of relevant information