MGT Capital Investments said Thursday that it will focus on developing skill-based slot games for the Nevada and New Jersey markets and launch a new social casino app, following the recent sale of its DraftDay daily fantasy sports offering.
MGT received total consideration of $5.5m from the asset sale, including $250,000 in cash received in July. A further $234,375 will be paid by DraftDay Gaming Group (DDGG), the new entity formed by Sportech and Viggle, at [...]
