ZEFR: Adventure Box Signs Letter of Intent for Acquisition of Zefr Media's Intellectual Property - Empowering iGaming Innovation and Unlocking Untapped Player Demographics

As Previously Announced on February 11, 2025STOCKHOLM, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Adventure Box Technology AB (STO: ADVBOX) Adventure Box Technology AB ("Adventure Box" or "the Company") announced on February 11, 2025, that it has entered a fully binding Letter of Intent ("LOI") to acquire the intellectual property of Zefr Media, a pioneering force in the iGaming sector. This strategic acquisition bolsters Adventure Box's leadership capabilities while enabling the Company to drive groundbreaking innovations and capture untapped player demographics.Leveraging pioneering iGaming expertiseZefr Media has been at the forefront of the iGaming industry, launching one of the world's first online casinos in 1995 and developing one of the earliest interactive sports betting platforms in 2004. Recognized as one of North America's top iGaming companies, its revolutionary one-page wagering platform has set standards now adopted by major sports betting operators. The seasoned Zefr Media team has also orchestrated multiple IPOs and exits, raised over $1 billion in financing, and executed more ...Full story available on Benzinga.com