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Lady Luck Games AB inks deal to acquire Revolver Gaming

Swedish online casino games developer Lady Luck Games AB has announced the signing of a cash-and-share deal worth approximately $2.2 million that should see it purchase British compatriot Revolver Gaming before the end of the year.

The Stockholm-headquartered innovator used an official press release published by European Gaming Media and Events to explain that this arrangement will involve a €750,000 ($848,700) cash component alongside the issuance of some 4.2 million new shares featuring an individual price of about $0.33.

Embryonic enterprise:

Lady Luck Games AB described London-headquartered Revolver Gaming as a producer of ‘innovative and high-quality games’ that are currently distributed via…