Software supplier Global Daily Fantasy Sports has completed its acquisition of live dealer games supplier Playgon Interactive in a deal worth $9.5m.
Announced in December last year, the deal will see Global expand its footprint out of the daily fantasy sports sphere and into the live casino market.
Guido Ganschow, the president, chief executive and principal shareholder of Playgon, will join the Global board as part of the acquisition agreement.
“Live dealer is an exciting technology and I am thrilled to add this innovative next generation IP to our portfolio of digital content we can take to the market,” Global chief executive Darcy Krogh said.
“In my opinion, this is the best-suited technology that compliments the land-based gaming industry’s transition to digital. Guido and his team have built a fabulous mobile product that is scalable and versatile in its application to pursue opportunity in both the real money and social gaming verticals.”