LeoVegas Sells BeyondPlay Stake 

Published February 20, 2023
LeoVegas Sells BeyondPlay Stake 

LeoVegas announces it is selling its 25% stake in BeyondPlay, an iGaming business-to-business venture, for €1.9 million. 

The buyer is one Bettor Capital, a venture capital firm founded by former FanDuel head of strategy David VanEgmond with a history of investment in gamling startups. The sale has led to LeoVegas’ investment arm, LeoVentures, make an impressive return on investment of no less than 73% in less than 24 months. 

The BeyondPlay Story

Initially known as SharedPlay, BeyondPlay was founded by ex-LeoVegas exec Karolina Pelc in 2020. The company boasts an all-female executive team with Pelc as CEO, and has plans to transform solo gaming sessions into multiplayer experiences via streaming. 

Earlier last year BeyondPlay managed to get a B2B Critical Supply License from the Malta Gaming Authority (MGA). Pelc says the company is also in the process of obtaining a license from the UK Gambling Commission (UKGC). 

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While a relative newcomer to the online gaming space, Marco counts on over a decade of experience as a technology journalist in order to bring readers the best and latest from the world of casino.

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