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Investment firm FastForward increases stake in Leap Gaming

3rd June 2016 10:48 am GMT

London-listed technology investor FastForward Innovations has completed the second stage of its investment in Leap Gaming, increasing its stake in the virtual sports and casino developer to 41.15 per cent.

The company initially acquired a 29.4 per cent stake, equivalent to 693 preferred units in Frails LLC, the sole owner of Leap Gaming, a total contribution of US$2.5m. This included an option to purchase an additional 277 ordinary units for $1m, which has now been taken [...]

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