GameCo and Green Jade will combine.
GameCo and Green Jade will combine.
The Green Jade Group will be formed as a result of the final agreement between Green Jade Games and GameCo.
GiG Richard Carter
The company stated that it intends to establish a definite market leader in what it refers to as "differentiated games," since both producers seek to produce casino-style games with an emphasis on interactivity.
"The combined company will provide the most extensive portfolio of content targeted at higher LTV and new players, including slots, table games, crash games, and arcade games, and is poised to dominate the differentiated games category," the Green Jade Group stated. "The company will be able to scale quickly as a result of the merger, which will help it meet the increasing demand for its content from the global igaming market, especially in North America and Europe."
Currently serving as Green Jade's chair, Jesper Kärrbrink will take over as the new combined company's CEO. Robert Montgomery, the chair of GameCo, will then take over as its chair.
"We have been following GameCo for a while and we are really impressed with what the company has accomplished so far. I am sure that we can work together to build unstoppable momentum and have some really exciting times ahead of us," Kärrbrink stated.
Montgomery went on to say that both companies share a similar perspective regarding the kinds of games they produce.
"GameCo and Green Jade are a great strategic fit together," he stated. Each of these businesses has pioneered a fresh perspective on casino games and built a solid reputation for creating truly outstanding content.
"I am proud of what we have accomplished at GameCo thus far, and I have no doubt that this merger will help the new organisation reach new heights."
Mattias Lindahl was named Green Jade's new head of development earlier this year.
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