FastForward Innovations Ltd says investee Leap Gaming granted supply licence in
Leap, in which FastForward owns a 43% stake, said the licence was seen “globally as a vote of confidence” in the firm
FastForward Innovations Ltd () said its investee company, Leap Gaming, has been granted a game supply licence by the Malta Gaming Authority (MGA).
Leap, in which FastForward owns a 43.4% stake, said the licence is seen “globally as a vote of confidence”, with the MGA being “one of the most respected licencing authorities globally”.
FastForward Innovations CEO says granting of licence for Leap Gaming is huge news
“We are humbled and pleased to have been granted the MGA license – the ‘seal of authorization’ that is the gold standard in today’s global gaming industry. Having the license will unlock significant opportunities for Leap on its mission of being the content partner of choice for top gaming operators around the world”, Leap Gaming chief executive Yariv Lissauer said in a statement.
“I am extremely pleased to see continued positive updates from Leap Gaming; holding this licence increases the pool of potential operators Leap can now work with. The Malta Gaming Licence is a hugely important step forward for Leap Gaming and crucially it should unlock a significant number of opportunities in new territories for Yariv and his team to execute. We look forward to providing further updates on this exciting portfolio asset”, added FastForward CEO Ed McDermott.
Shares in FastForward rose 1.7% to 9p in early deals on Wednesday.
Read More: FastForward Innovations Ltd says investee Leap Gaming granted supply licence in