Investee Company Update: Leap Gaming

RNS Number : 5767Q

FastForward Innovations Limited

22 June 2020

 

FastForward Innovations Ltd / AIM: FFWD / Sector: Closed End Investments

22 June 2020

FastForward Innovations Ltd ("FastForward" or, "FFWD")

Investee Company Update: Leap Gaming

FastForward Innovations Ltd, the AIM quoted company focusing on making investments in fast growing and industry leading businesses, is pleased to note the update from 888Sport ('888') relating to its partnership with Leap Gaming, in which FastForward has a 43.4% interest in through its investee company, Fralis LLC.  Leap Gaming's partnership with 888 will see a variety of Leap Gaming titles become available through 888casino .  The partnership will see 888sport host a selection of popular, ultra-realistic 3D virtual sports games from Leap Gaming.  

FastForward CEO, Ed McDermott, said, "It is extremely pleasing to see Leap Gaming going from strength to strength, to be working with yet another household name in the form of 888 is another endorsement of the work Yariv and his team are delivering."

The announcement is set out below without material changes or adjustments.

888sport Partners with Leap Gaming

GIBRALTAR, June 19, 2020 -  888, one of the world's leading online gaming and entertainment solutions providers, is delighted to extend is partnership with Leap Gaming which sees a variety of Leap Gaming titles available through 888casino, to introduce new virtual sports games to 888sport. The partnership will see 888sport host a selection of popular, ultra-realistic 3D virtual sports games from Leap Gaming.

Leap Gaming invests heavily in the development of games crafting interactive online games with 3D animation, motion capture technology, and modeling capabilities.  Leap Gaming's entertainment library encompasses a large variety of engaging games including Football, Tennis, Horse racing, Greyhounds, Trotting, Speedway and velodrome. The company is focused on releasing new and exciting virtual sports games in the future, which will also be available for players of 888sport.

Guy Cohen, SVP of B2C at 888, said: 'At 888, we are focused on offering our customers an engaging portfolio of games in a safe environment. We are impressed with Leap Gaming's wide range of high-quality virtual sports games and delighted we have added them to our platform for our Sport customers to enjoy. We look forward to developing our relationship in the future.

Andreea Spiteri, Head of Customer Success at Leap Gaming, said: 'We are thrilled to be able to build on our existing partnership with 888, one of the world's leading online gaming and entertainment solutions providers. Our virtual sports games, already available on 888casino, will soon be offered to 888sport customers. This is a great opportunity to bring exciting games to scores of fans across the UK and Europe.'

About 888 

· 888 is one of the world's most popular online gaming entertainment and solutions providers

· Founded in 1997, 888 has been at the forefront of the online gaming industry for over a decade

· 888 offers a comprehensive gaming experience - including casino, poker, bingo and sports betting - through a number of leading brands in regulated markets around the world

· 888 can be used in 22 different languages in 176 countries worldwide

· 888 is committed to an industry leading corporate and social responsibility programme, and provides a safe, fun, fair, regulated and secure gaming environment

· 888 is licensed and regulated by the Government of Gibraltar, and is listed on the London Stock Exchange (LSE)

About Leap Gaming

Leap is a developer of high-end gaming virtual sports and casino applications. Its games are offered by online and retail gaming operators worldwide and generate tens of thousands of engagement points with end-users.

Leap's content is driven and backed by state-of-the-art technologies mainly around 3D generation infrastructure. It takes pride in delivering modular solutions to gaming operators while paying close attention to advanced UI/UX and blurring the boundaries between virtual and reality.

ENDS

For further information on the Company please visit www.fstfwd.co   or contact:

Ed McDermott / Lance de Jersey	FastForward Innovations Ltd	Email: [e-mail]
James Biddle / Roland Cornish	Beaumont Cornish Limited, Nomad	Tel: [phone]
Jeremy King	Optiva Securities Limited, Broker	Tel: [phone]
Susie Geliher	St Brides Partners Ltd, Financial PR	Tel: [phone]

Notes

FastForward Innovations is an AIM quoted investment company focused primarily on disruptive high growth life sciences and technology businesses particularly within the medical cannabis arena. The Company's strategy is to identify early stage opportunities that have an upcoming investment catalyst and grow its portfolio in terms of value whilst limiting the number of investee companies to a level where relevant time can be devoted to each.

 

END

 

 

UPDKFLFLBQLEBBV