Software supplier Global Daily Fantasy Sports will acquire live dealer games supplier Playgon Interactive in a CAD$9.5m ($7.2m) deal.
The move will see Global expand its footprint out of the daily fantasy sports sphere and into live casino, a sector that Darcy Krogh, chief executive of Global, said he believes will be at the centre of growth in online gaming in the near future.
“This acquisition of Playgon brings to Global a cutting-edge technology that I am very excited about and adds another unique product to our portfolio of B2B content,” Krogh said. “Playgon’s proprietary technology is flexible and applicable to both real money and social gaming markets.
“Live casino is the innovation that best compliments the growth of online casino gaming. Technological advancements, increased connectivity, mobile gaming, along with positive regulations in the industry continues to open up new markets and fuel this online casino growth.”