LeoVegas grows mobile gaming portfolio in UK
Swedish gametech company LeoVegas has announced that is acquiring the assets of Intellectual Property & Software, along with related assets from European Domain Management and Rocket 9. The £65m deal includes brands 21.co.uk, Slotboss, Bet UK and UK Casino, strengthening the company’s position in mobile gaming in the UK. Both IPS and EDM are based in Alderney in the Channel Islands. Based in Newcastle-upon-Tyne, Rocket 9 is a marketing services business and existing client of IPS that caters to egaming operators. In 2017 LeoVegas became a ‘unicorn’, a startup valued at more than $1bn.