Latest News
Games Global Postpones Initial Public Offering

Games Global Limited announced that it has postponed its previously announced initial public offering in the United States. While investor interest was strong, given the continued positive performance of the Company’s underlying business and anticipated trajectory following its recent entry to the U.S. gaming market earlier this year, the Company’s Board of Directors believes it is in the best interests of its stakeholders to delay the offering at this time and will continue to monitor the timing for the proposed offering. The Company will continue to evaluate all strategic opportunities that align with the Company’s long-term strategy.
“While we are disappointed not to be entering the public markets in the near term, meeting with investors during this IPO process has further cemented our confidence in our strategy and that what we are building at Games Global is unique,” said Walter Bugno, CEO of Games Global. “With a strong balance sheet, healthy margins, and meaningful growth, an IPO at this point in time was an accelerator, not an absolute necessity, for our business strategy,” continued Bugno. “Our team remains committed to delivering the most innovative games on the market. We will continue to monitor the capital markets going forward and make the appropriate reconsiderations as to an IPO in the future.”
A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
-
Latest News7 days ago
CONCEPT DEBUTS WITH NEW GAMES AT CASINO GRAND LEÓN IN MEXICO
-
Affiliate Industry4 days ago
Affiliates are the key to unlocking operator success in Africa
-
Asia4 days ago
Birmingham City Forms Alliance with GOD55 as Their Official Asian Betting Partner
-
Asia4 days ago
Asian Poker Tour Announces Cancellation of APT Manila 2025
-
Latest News7 days ago
Dr Jane Rigbye to leave CEO role
-
eSports4 days ago
TEAM VITALITY WINS BLAST OPEN SPRING 2025 AND EXTENDS WIN STREAK TO 16 MATCHES
-
Compliance Updates4 days ago
EPIC Global Solutions highlighted as a key element in PrizePicks’ iCAP Accreditation
-
Industry News4 days ago
Raffle House response to Lotteries Council demand for parity with prize draws