Softswiss continues to accumulate huge trade names everywhere in the world, and the newest is buying stakes in Ously Games GmbH from Germany, following the acquisition of Turfsport in January 2024.
Acquisition of the largest social on line casino in Europe
The firm is finest recognized for its in style social on line casino SpinArena.internet, which is the biggest social on line casino in the entire of Europe, and now Softswiss has a big stake in it.
On the opposite hand, Ously Games will get an opportunity to strive among the most superior applied sciences and trendy options developed by Softswiss.
Social casinos recorded fast development within the current interval, so some individuals name it the way forward for gaming, and evidently Softswiss acknowledged its potential. One of its principal property is gaming and betting with out actual cash included, so it’s fully risk-free for gamers. Instead, they’ll use digital foreign money to position their bets, and the income comes principally from gross sales of digital items.
The excellent news for operators is that social casinos don’t require licenses, and there aren’t any promoting restrictions. According to Softswiss, the worldwide social on line casino market might be price round $10 billion by 2030. At the second, round $85 million persons are energetic on social casinos.
SpinArena.internet at the moment presents greater than 3,000 charming video games from about 40 suppliers. Its gamers community has greater than 700,000 gamers, and its annual turnover is €1.0 million.
Softswiss’ founder, Ivan Montik, commented on the deal: “Anticipating the development of social casinos within the igaming industry, Softswiss made strategic investments to diversify its portfolio. Together, we aim to create a comprehensive platform for social casinos, enriching the robust ecosystem of igaming products provided by our company.”
Jochen Martinez, the proprietor of Ously Games, added: “We are delighted to forge a strategic partnership with the global technology provider Softswiss. This alliance brings invaluable insights, innovations, and profound expertise to both parties.”
Successful yr
The yr began effectively for Softswiss. In January, the corporate expanded to Africa via a cope with Turfsport. Turfsport is likely one of the leaders within the trade in relation to sports activities betting, horse racing, and lotto. Its operations in South Africa are acknowledged by greater than 40 operators who need to associate with the corporate on this market.
Andrey Starovoitov, co-CEO, thinks that the African growth is the pure subsequent step for Softswiss since that market retains rising quickly, turning into increasingly more essential within the international iGaming trade. He stated: “With this agreement, Softswiss takes a significant step forward in its extensive expansion into South Africa and the African continent. I believe this region is becoming the next focal point globally, following Latin America.”
Source: “Softswiss takes stake in major European social casino”. iGamingBussines. April 17, 2024.
