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Investment firm FastForward acquires stake in Leap Gaming

11th April 2016 11:40 am GMT

London-listed technology investor FastForward Innovations has subscribed for a 29.4 per cent stake in virtual sports and casino developer Leap Gaming, including an option to increase the stake to more than 41 per cent within thirty days.

FastForward has acquired its stake in Leap, which is solely owned by Nevis-incorporated private company Frails LLC, for a cash consideration of US$2.5m. It has an option in place to acquire an additional 11.75 per cent for $1m, with the [...]

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