Sweden-based Lady Luck Games has agreed to purchase Revolver Gaming, a U.K. based company, for €750,000 in cash and shares.
Revolver Gaming develops its games in HTML5 and distributes 15 unique games throughout Europe, Asia and South America.
Lady Luck CEO Mads Jørgensen said in a statement: “This is our second acquisition in the last three months, and I am pleased to be able to show our shareholders and the market that we are delivering on our set acquisition strategy.”
Revolver Gaming founder Daniel Lazarus commented: “The opportunity for a merger between Lady Luck Games and Revolver Gaming is fantastic for both parties. Ever since we started our first discussions, we have been impressed by their passion for our business and their willingness to support our ambitious plans for the future.”
