Tangiamo Touch Technology AB (NGM Nordic SME: TANGI) (“Tangiamo” or “the Company”) confirms that the process for a potential divestment of the Company’s land-based gaming technology is proceeding according to plan. Following the signing of confidentiality agreements, several established parties have entered into more detailed technical and commercial reviews, strengthening the prospects of accelerating Tangiamo’s focus on iGaming (online casino and digital gaming platforms) with scalable, recurring licence and transaction revenues. With a book value of approximately 15 MSEK (2024) and an unchanged strategic direction, the Company continues to see good conditions for a value-creating outcome. Activity remains stable and the dialogues are constructive.
The previously communicated scope of the portfolio remains unchanged and includes MultiPLAY (Classic and Ignite) for electronic table games, the patented Dice Shakers, as well as the AI-driven Dice Shakers and iADR. The timeline remains unchanged within the previously indicated second-half of 2025.
Tangiamo Touch Technology AB will provide further information as soon as it becomes available in accordance with applicable regulations.