Enlabs: Making a Strategic Acquisition
Redeye argues that the acquisition of 29. 9% of the shares in Global Gaming is a strategic play by Enlabs. We believe the primary goal for Enlabs is the NinjaCasino brand that has a strong position in Finland and Estonia, which are well-known countries for the company. Furthermore, a relaunch of NinjaCasino in Sweden could become a jackpot.
Overall, we appreciate that the company´s strong cash position is put into work.