Gambling consultancy Elray Gaming has exercised an option to increase its stake in Asian-facing iGaming operator Golden Galaxy Casino and now owns 48 per cent of the business.
Having acquired an initial 25 per cent stake of the operator in September of last year, Elray has acquired an additional 23 per cent in the Playtech-powered Golden Galaxy online casino.
Under the terms of the initial agreement, Elray noted that it would look to increase its stake [...]