LeoVegas Group, a subsidiary of the global entertainment company MGM Resorts International, has acquired a majority stake in the game developer Push Gaming through its investment arm, LeoVentures. Valued at EUR 150 million, the group seeks to enhance exposure to the fast-growing slots content category as well as acquire proprietary technologies, intellectual property, and development expertise to strengthen content production capabilities and support plans for continued growth. Push Gaming will continue to operate as an independent entity within the LeoVegas Group, maintaining its own management team with the COO and CEO.
One of our top-ranking online casinos, LeoVegas, has introduced its very own progressive jackpot – LeoJackpot! It has 4 different levels which increase with every jackpot bet, and one of which, the Mega Jackpot, is seeding at a whopping €5,000,000! The Super Jackpot is available worldwide and with many otherwise non-jackpot slots, including Christmas-themed ones like Aloha! Christmas, Fat Santa, and Xmas Magic.
After the most challenging year in LeoVegas’ history, the group is on its way to launch more localised brands as part of a proprietary multibrand platform called “Brands of Leo”. Doing so, the group is prepared to reach its previously-announced financial target of EUR 600 m in revenue and EUR 100 m in EBITDA in absolute figures by 2021 and establish itself as the market-leading mobile casino operator globally.
LeoVegas is stepping up its presence in Sweden and the Nordics with a brand-new launch that is pixel.bet. Created with the ambition to be the leading website in esports betting, it’s also a no-registration casino that’s been approved by the Swedish Gambling Authority with a five-year license.
Evolution Gaming, an undisputed leader in the Live Casino vertical, has surprised both players and operators with a whopping six new games which were also showcased at ICE 2018. This includes the revolutionary new Lightning Roulette game, the all-new Salon Privé for VIPs, as well as two baccarat additions and their first-ever RNG product with an innovative First Person Gaming (FPG) technology.
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