MY.GAMES announced significant management changes.
MY.GAMES owner Alexander Chachava agreed to sell all his assets to the company's CEO Elena Grigoryan and COO Denis Savva. The amount to be paid for the assets has not been disclosed.
The parties have already signed the agreement. The deal is expected to close by the end of 2026.
It is known that at least part of the funds for acquiring MY.GAMES was provided by an investor from the UAE, Georgy Nurislamov.
According to Chachava, the preparation for selling MY.GAMES began back in 2025. Since then, the company has considered several offers, but the proposal from MY.GAMES' top managers turned out to be the most advantageous. Chachava did not disclose who else was interested in acquiring MY.GAMES.
After the deal is completed, MY.GAMES will retain its brand and continue to operate as usual.
It's worth noting that MY.GAMES is not changing ownership for the first time. It was owned by VK for a long time until 2022, when Chachava acquired it for $642 million. Later that year, the company exited the Russian market and sold all its domestic business to Astrum Entertainment.