In May 2022, Microgaming announced it had finalized the sale of its distribution business and online games portfolio to Games Global Limited. What this means is that now, Games Global owns all of Microgaming's extensive back catalogue of online games.
Microgaming still exists, but the Isle of Man-based company has turned its focus on providing cutting-edge platform systems and services to leading online gaming brands, including Games Global and its customers.
The announcement made by Microgaming also confirmed that the company will continue to license its proprietary sports betting software to the industry’s leading sports betting operator, Betway.
Games Global is a private capital-backed company founded in 2021. The company is led by CEO Walter Bugno, formerly of IGT and Lottomatica, and CFO Tim Mickley, previously of SafeCharge and Playtech.