LeoVegas Group has announced an agreement to acquire the award-winning product and technology platform constituting the U.S. sportsbook from Tipico Group.
This acquisition marks the Group’s second major investment, following the acquisition of leading game developer Push Gaming last year. The new sportsbook will enable LeoVegas Group to operate a purpose-built proprietary sportsbook across all international markets and brands, except for those exclusive to the BetMGM joint venture. The focus will be on providing a clean, fast consumer experience with top-class product, pricing, and functionality.
As part of the transaction, LeoVegas Group will also welcome certain members of Tipico’s U.S. facing management, technology, and trading teams across the U.S., Colombia, and Europe to the Group.
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