Industry-leading online casino specialist LeoVegas has finalized a deal to add premium iGaming content from top supplier Kalamba Games. The agreement serves to boost the online casino provider’s offering while giving Kalamba increased exposure to a massive market of international players.
Kalamba Games has a long-running reputation for delivering immersive and rewarding online casino games and recently launched its new Blazing Bull: Cash Quest pokie. Kalamba’s top-performing titles, including games from its Blazing Bull and Joker series, are now available for players to discover and enjoy at LeoVegas.
Mutual Growth
In an official statement, Steve Cutler, the CEO and Co-Founder of Kalamba Games, said,
“Delivering to players the widest variety of high-quality entertainment and cutting-edge technology is a key goal within our growth strategy at Kalamba. This latest partnership will help deliver and exceed this ambition as we move to the next phase of the Kalamba journey.”
The deal enables the studio to establish a wider presence across key regulated European regions and the LatAm region.
Andrew Crosby, the CCO for Kalamba Games, added,
“Delivering our slot titles to a prestigious and well-known casino like LeoVegas is a testament to our rapid growth in recent years. Its reputation as the go-to mobile-focused casino for players globally represents a true growth opportunity for our games to be played by many new customers.”
New Horizons
Ownership of LeoVegas may soon change hands if recent acquisition efforts by land-based casino giant MGM are successful. MGM has bid US$607 million to acquire all of Leovegas’ share capital. It plans to extend its reach and profitability by leveraging the operator’s existing access to the European online gambling market.
Bill Hornbuckle, chief executive and president of MGM Resorts, commented on the offer, saying,
“Our vision is to be the world’s premier gaming entertainment company, and this strategic opportunity with LeoVegas will allow us to continue to grow our reach throughout the world,” he said. “We have achieved remarkable success with BetMGM in the US, and with the acquisition of LeoVegas in Europe, we will expand our online gaming presence globally.”
“We believe that this offer creates a compelling opportunity that allows the combined teams of MGM Resorts and LeoVegas to accelerate our global digital gaming growth and fully realize the potential of our omnichannel strategy. We look forward to being able to welcome the LeoVegas team to our MGM Resorts family,” Hornbuckle concluded.
The deal has drawn positive reactions from LeoVegas’ leading shareholders and, if successful, is expected to close in the second half of 2022.
