Microgaming has announced that it has finalized the sale of its’ distribution business and online games portfolio to Games Global Limited.
Games Global has taken complete ownership of Microgaming’s back catalogue of gaming content
As part of the deal, the newly established Games Global has taken complete ownership of Microgaming’s back catalogue of gaming content. The deal will also see the gaming supplier take over Microgaming’s network of customers operating more than 900 global gaming brands.
Speaking following the closure of the sale, Andrew Clucas, CEO at casino games developers Microgaming said:
It is an exciting milestone for both Microgaming and Games Global, and is the culmination of months of hard work and dedication from teams on both sides. The online gaming industry will undoubtedly present a wealth of opportunities for Games Global, and we wish them the very best for their journey ahead.
Walter Bugno, CEO of Games Global Limited added:
We are excited for the full operational launch of Games Global and welcoming a new era in iGaming. Microgaming’s historical legacy and impact on the industry has been significant, and we wish the organization all the best in its next chapter
The release notes that Microgaming will now focus on providing platform systems and services to leading online gaming brands, including Games Global and its customers.
The Isle of Man-based company will also continue to license its sports betting software to the industry’s leading sports betting operator, Betway, whilst developing the technology further.
Founded in early 2021, Games Global is a private capital backed company led by CEO Walter Bugno, formerly of IGT and Lottomatica, and CFO Tim Mickley, previously of SafeCharge and Playtech.
Microgaming is the creator of some of the most popular casino games found in casinos in the US and Europe.
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