On 30 August 2021, LL Lucky Games AB (publ) announced the intention to acquire the entire B2B business of Danske Spigo ApS. Following the completion of due diligence, the acquisition is now being completed as previously announced.
“This is a strategic acquisition for the company. In addition to bringing us important revenue and opening up new revenue opportunities, we expect this will also bring about an improvement in our profitability. We are adding 27 new casino games with several years of continuous growth to our already strong product portfolio along with a key technical aggregation platform. We are very pleased and proud that Kasper and his team of three additional iGaming experts have chosen to continue in the business and it is an honour to welcome them to LL Lucky Games. Most importantly, this brings several important direct integrations where we will have the opportunity to take over strong existing business relationships. I would also like to mention that we are looking forward to Freeway joining LL Lucky Games as another strong shareholder with this deal”, says Mads V. Jørgensen, CEO of LL Lucky Games.
“We have been looking for a partner to take Spigo to the next level for a long time and now we have finally found the perfect match. Early on in the dialogue we felt that LL Lucky Games respected our history while sharing a long-term vision. We are convinced that this will give us the right conditions to develop Spigo further and see great potential synergies where LL Lucky Games games will add value to our existing customers while strengthening our commercial position. We look forward to a tremendously exciting journey together with Mads and LL Lucky Games’ strong team”, says Kasper Kau, founder of Danske Spigo ApS.