Fastforward Increases Stake In Leap Gaming

FASTFORWARD INCREASES STAKE IN LEAP GAMING

06th June, 2016 at 21:42:57
Source: http://www.azonlinecasinos.com

Exercises option for additional 11.75 percent

FastForward Innovations Ltd (FastForward) has exercised its option to secure an additional 11.75% stake in virtual sports and casino provider Leap Gaming.

readers will recall FastForward secured an initial 29.4% stake in Leap Gaming parent company Frails LLC back in April 2016 for a $2.5 million consideration.

On completion of the deal FastForward will own a 41.5% stake in Leap Gaming for a total consideration of $3.5 million.

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