Patagonia purchases AutoGameSYS in €20m deal

Patagonia Entertainment has acquired AutoGameSYS (AGS) gaming platform in a transaction valued at €20m ($23.7m).

Under the agreement, the AutoGameSYS platform will now provide an omni-channel solution with local and international payment processing capability.

The platform will feature over 2,000 games from a range of content providers, as well as a complete sports betting platform with more than 20,000 pre-match and live events each month.

Patagonia said the acquisition will support its ongoing expansion plans in the Latin America region.

Last month, Patagonia moved into Colombia after striking up a partnership with Wplay.co.

Victor Arias, global business development manager at Patagonia, said: “Our AutoGameSYS acquisition is the latest step in our growth strategy to maintain our position at the forefront of Latam’s igaming market.

“It delivers an all-in-one solution to give clients a turnkey platform ready to quickly operate in any regulated market in the world.”

Related article: Patagonia moves into Colombia with Wplay.co