New growth studio launched by LeoVegas
The LeoVegas Cellular Gaming Group has introduced a brand-new recreation studio for the corporate. By means of LeoVentures, Blue Guru Video games has been created. LeoVegas can have the bulk share of the brand new studio and use it to develop new and thrilling on-line on line casino video games. Unique content material will probably be created by way of the studio for LeoVegas and video games can even be developed and provided to different on-line operators.
The New Studio
From the very starting, Blue Guru Video games can have a staff that has over 20 years of expertise within the gaming growth sector. The staff will use its expertise and data of LeoVegas to assist in creating the new titles.
The Group’s personal manufacturers and different recreation operators will be capable of profit from the video games developed in-house. The purpose is to create not less than 20 new titles within the subsequent two years. LeoVegas Group CEO Gustaf Hagman commented that for fairly a while, unique video games have been created for LeoVegas with the assistance of exterior corporations. Now could be the time to take a step to develop the video games on their very own.
“Drawing from our knowledge and on line casino data we will drive innovation and create video games that our prospects will actually get pleasure from. These could also be all the pieces from area of interest, native video games for particular person markets to broad worldwide video games.
Blue Guru Video games additionally plans to create video games and distinctive characters that will probably be used for advertising and create stronger model loyalty amongst purchasers. Having the ability to create its personal video games will assist the corporate to have a aggressive benefit and supply a brand new stream of income over time.
LeoVegas already makes use of titles from 60 recreation suppliers, so the addition of Blue Guru Video games content material will present much more titles on high of what’s already provided. The primary video games by the brand new studio must be launched by the top of this yr.
Due Diligence Penalty
Simply days earlier than the studio announcement was made, particulars emerged concerning LeoVegas and a positive set by Sweden’s gaming regulator Spelinspektionen. The corporate was ordered to pay $238,100 after breaching due diligence protocols involving prospects and anti-money laundering guidelines.
LeoVegas plans to attraction the choice. The ruling reportedly is predicated on operations when the net gaming market first launched in Sweden. The operator stated it’s regularly engaged on growing insurance policies to make sure compliance within the business. LeoVegas stated it had modified and up to date its routines concerning buyer due diligence earlier than the investigation came about concerning the regulators claims.