MGM Resorts announces it will acquire Push Gaming via LeoVegas
The acquisition of the games development studio is expected to close before the end of 2023.
MGM Resorts has announced that its wholly owned subsidiary, LeoVegas, has entered into an agreement to acquire the slots games studio, Push Gaming.
The acquisition will mark the first high-profile investment from LeoVegas since the company was acquired by MGM last year.
Push Games’ development experience, intellectual property and proprietary technology will support LeoVegas as it continues to grow.
Push Gaming is already partnered with a number of operators such as Betsson, 888 Casino, 32Red and Entain.
Its portfolio currently has over 30 games, including Razor Shark, Wild Swarm, Big Bamboo and Jammin’ Jars.
Gary Fritz, President of MGM Resorts International Interactive, said: “The acquisition of Push Gaming by LeoVegas is consistent with our vision to expand MGM Resorts’ digital gaming presence internationally to grow our capabilities and products over the next several years.
“We are pleased to bring Push Gaming into our business as it brings a track record of developing games that are popular and have staying power in the industry as well as an exceptional management and operating team.”
It is expected that there will be no major changes to the staffing of the development nor the management team once the acquisition closes.
LeoVegas CEO Gustaf Hagman added: “I’m thrilled to welcome Push Gaming to our extended family.
“The management team at Push Gaming has had a phenomenal journey, quickly growing the company from a small start-up to a player with outstanding proprietary content and a strong customer base.
“We look forward to contributing to their continued success moving forward.”
Gaming America will also be covering MGM Resorts’ Q1 results soon.
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