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Games Global plans NYSE public offering

EditorLina Guerrero
Published 16/04/2024, 22:36

Games Global, a company specializing in online casino-style gaming content, has filed with the Securities and Exchange Commission for an initial public offering on the New York Stock Exchange (NYSE: GGL). The filing, which took place today, outlines the company's position as a significant developer, distributor, and marketer of iGaming content and integrated business-to-business solutions for operators in regulated markets worldwide.

The company claims to possess one of the most extensive networks of exclusive iGaming content studios based on the number of studios that create their games. This network includes 40 in-house and partnered studios with exclusive rights, many of which have been operating before the company's inception. Over the past two decades, these studios have developed a portfolio that includes more than 1,300 proprietary games, now under the Games Global banner.

Games Global's revenue is primarily derived from slot games, including progressive variants, which have been and continue to be the company's mainstay. However, their product offering is diverse, encompassing table games, video poker, video bingo, game show games, crash games, and live casino games, catering to the increasing demand for varied iGaming content.

The lead underwriters for the proposed IPO are J.P. Morgan, Jefferies, and Macquarie Capital. The filing provides a glimpse into the company's strategic positioning and market presence, emphasizing their role in supporting the growth of iGaming consumption with what they believe to be market-leading offerings.

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