FastForward Innovations Ltd, (LON:FFWD) has announced that Ed McDermott, the group’s CEO has been appointed to the board of Leap Gaming as a non-executive director with immediate effect.
The AIM-quoted company, which is focused on making investments in fast-growing and industry-leading businesses, said that Lorne Abony, its former chairman will remain as a board observer of Leap.
The company noted that the board of Leap is currently exploring its options to list the company during 2021. FastForward has a 43.4% interest in Leap Gaming.
Leap is one of the top virtual sports providers, with extensive experience in creating ultra-realistic 3D games, deployable on multiple platforms. The group’s commitment to excellence has led it one step further, enabling it to extend its expertise into offering a multitude of other casino games, alongside 3D slots and virtual sports officialised content.
In a statement, Ian Burns, chairman of FastForward, commented: “We are delighted that Ed has been appointed to the Board of Leap Gaming as a Non-Executive Director. Leap is an extremely exciting asset for FastForward and has seen significant growth, continually expanding its extensive list of partnerships and agreements with the addition of major gaming clients such as 888 and Every Matrix among others.
“Ed’s wealth of financial and London markets experience will be invaluable to Yariv and the team as they begin the IPO process in 2021. I look forward to providing further updates on the next steps for Leap Gaming.”