The pioneer provider in online software, Microgaming, has declared that it has agreed on the sale of Quickfire’s distribution and online games; including its progressive jackpot titles, to Games Global Limited. This important transaction, which is subjected to newly established Games Global receiving certain regulatory approvals, is about to be completed in Q2, 2022.
Games Global is a company headed by Walter Bugno as CEO (formerly CEO of IGT and Lottomatica), and Tim Mickley as CFO (previously CFO of SafeCharge and Playtech).
According to that agreement, Games Global will obtain the international distribution rights to Microgaming’s exclusive gaming content. This new company will additionally inherit Microgaming’s extensive operator base, comprising more than 900 global casino brands. Of course, Microgaming will not stop supplying certain operators with its games platform, as well as focus on the further growth and licensing of its sports betting technology.
CEO of Microgaming, John Coleman, said: “This is an exciting deal that has been in the making for some time and which will provide new growth and opportunity for both Microgaming and Games Global. We are announcing it now to provide sufficient notice and clarity for our partners and stakeholders. Games Global will acquire the game IP and distribution business previously known as Quickfire, and Microgaming will continue to support its core traditional business while increasing its reach with the addition of new business and managed services.”