Microgaming has Announced that Quickfire will be Acquired by Game Global

November 18, 2021

Microgaming has just announced that it has agreed to sell Quickfire business and portfolio of online games to Games Global Limited in a deal expected to be completed in Q2 2022.

Microgaming has just announced that it has agreed to sell Quickfire business and portfolio of online games to Games Global Limited in a deal expected to be completed in Q2 2022.

What is Microgaming’s Quickfire platform?

Quickfire is a platform developed by Microgaming to deliver games to online casinos that do not have a dedicated license for its full Viper platform.

Casinos that have sales agreements related to this platform will have access to games to offer to their customers, including slots, table games, video poker, and more. As of now, Quickfire supports a hundred games to over 100 operators.

The platform offers large progressive jackpot online networks where games are released regularly. In addition to partnering with online casinos, third-party casino platform providers ( known as White Label) also have integrated with Microgaming’s Quickfire.

Microgaming has to Agree to Sell its Microgaming Quickfire Flatform to Games Global

Microgaming has to Agree to Sell its Microgaming Quickfire Flatform to Games Global
Microgaming has to Agree to Sell its Microgaming Quickfire Flatform to Games Global (Source: Adobe Stock)

Under the agreement, Games Global will be entitled to distribute Quickfire's gaming portfolio and jackpot network internationally. In addition, they can inherit the customer base of more than 900 game brands from Microgaming.

It is known that Microgaming's Quickfire business is one of the earliest platforms to own and publish casino content.

As for Microgaming, they will continue to provide customers with casino games and focus on developing their online betting technology.

Game Global is a new software company founded in early 2021 under the direction of Walter Bugno, who was VP of new business and strategy development at IGT and also played a key role in the development process. important in Lottomatica.

Currently, the company is focusing on developing and distributing content in internationally regulated markets. In addition, Games Global also revealed that it is also establishing agreements with unnamed companies to develop game studios internationally. These agreements also end in the second quarter of 2022.

After completing the acquisitions mentioned above, Games Global will increase the number of games from 25 different vendors to nearly 3000 games. At the same time, they also scaled across Europe, North and South America, Oceania, and South Africa.

This is an exciting agreement to accelerate growth and create new growth opportunities for both Microgaming and Games Global,” said Microgaming CEO John Coleman.

“Games Global will hold the game IP and distribution business (previously known as Quickfire) and will continue to support its traditional core business by Microgaming while increasing its reach with the addition of new business and managed services.” The representative of Microgaming added.

As for Games Global, Bugno said, “We look forward to seeing a vibrant game market right now around the world, with many regulated markets coming online.”

"We are also very excited about the opportunities that may be created ahead and work tirelessly to achieve those important opportunities." 

At the same time as confirming the agreement, Microgaming also announced that Coleman would step down as the company's CEO and be replaced by COO Andrew Clucas.

by 
casinomentor.com

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