We have grown our relationship with the fantastic people and experts at Wonderlabz over many years, and their stand-out Lithium PAM platform has played a critical role in the ongoing success of our industry-leading convergence strategy. Sam Sadi, CEO of LiveScore Group, said: “I’m thrilled to announce our acquisition of Wonderlabz, one of the most exciting businesses in the global software development space. Until now, LiveScore Group owned 25% of Wonderlabz, and the full acquisition is a significant step toward establishing a new tech hub in this rapidly growing market. This Swiss-based media and technology company invested £50 million in the sports giant, which helped in further global expansion. This acquisition follows Ringier AG’s investment in LiveScore Group, which was completed last year. There are also LiveScore Bet and Virgin Bet, award-winning sportsbooks, so the brands cover both the sports media world and the sports betting industry. Probably the most famous is LiveScore, which is one of the leading platforms in the world when it comes to sports updates in real-time and streaming service providers. LiveScore Group experienced huge success in the whole world thanks to its three brands. In the past, the two companies have already collaborated, and Wonderlabz was involved in improving the application and digital platforms for the biggest LiveScore’s brands, such as LiveScore and LiveScore Bet. The company employs a range of experienced software developers and engineers who ensure smooth integrations. Wonderlabz is famous worldwide for its advanced Lithium PAM and back-office platform.

It will make the product development process faster and expansion to the new markets easier. LiveScore Group has been substantially growing for a while, but this acquisition will be an additional boost when it comes to future expansion. The renowned global sports media company LiveScore Group, announced the acquisition of Wonderlabz, one of the leading software development companies in South Africa. South Africa, Online gaming software, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Technology, Mobile gaming, Sports betting, Online Gambling News, Mergers, Acquisitions & Partnerships Betting on sports futures, props and lay bets.

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