SiGMA Group announced that it had acquired a majority stake in iGaming Academy, which offers professional and compliance training in over 25 jurisdictions, to more than 60.000 gaming professionals each year, for an undisclosed fee. This acquisition is set to greatly complement their current portfolio by incorporating various forms of industrial training into SiGMA's global events program and online network.
Give Pulis, founder of SiGMA Group, said: “The acquisition happens perfectly on time for us. We have worked closely with iGaming Academy for many years now. I love what Jaime and The Conexus Group have built and look forward to supporting their growth with new initiatives and a broader offering of educational programs globally. The industry is demanding more talent and greater regulatory knowledge, with new markets to regulate. As a result, we want to be very active in this business".
“Conexus will remain active and involved in the iGaming Academy and our customers will continue to receive the exceptional training they have come to expect from this brand,” he said Rob Dowling, CEO of The Conexus Group -. We are confident that this strategic acquisition by SiGMA will allow the iGaming Academy to expand and enhance its service offerings to serve more of the iGaming industry's evolving training needs".
Jaime Debono he went on to explain: “This acquisition marks an important milestone for iGaming Academy: our mission has also been to educate the industry, both on the topics of regulatory compliance and professional training for existing and new markets. With the support of SiGMA Group we will be able to accelerate this strategy through their global events calendar, enrich both training and event content and reach a much larger audience than ever before".
"The acquisition of IGA represents another important milestone for SiGMA's vision. IGAs have an extensive training library that complements our service offering for the igaming industry allowing us to be at the forefront of training and regulatory tools for the market. We have a lot of confidence in Jaime and his team and are excited about the next future", he added Vinicius Moraes de Carvalho, Investment Partner of Ikigai Ventures.
In iGaming Academy, Jaime Debono will continue to work in its current organizational structure and remains CEO of the company and continues to work alongside his team. The deal will continue to see iGaming Academy management at the helm, with SiGMA's corporate governance and marketing division supporting the business. Following the acquisition, iGaming Academy will open an office in Cyprus to build its online offering and content development. Furthermore, its revenue streams will also strengthen it through new deals with affiliate partners. Other courses available in multiple languages will also be created, thus satisfying the global demand for training.
