Softswiss Strengthens Its Position in Europe by Acquisition of Ously Games’ Social Casino

Softswiss continues to acquire big industry names all over the world, and the most recent is purchasing stakes in Ously Games GmbH from Germany, following the acquisition of Turfsport in January 2024.

Acquisition of the biggest social casino in Europe

softswiss_takes_stake_in_major_european_social_casinoThe company is best known for its popular social casino SpinArena.net, which is the largest social casino in the whole of Europe, and now Softswiss has a significant stake in it.

On the other hand, Ously Games will get a chance to try some of the most advanced technologies and modern solutions developed by Softswiss.

Social casinos recorded rapid growth in the recent period, so some people call it the future of gaming, and it seems that Softswiss recognized its potential. One of its main assets is gaming and betting without real money included, so it’s completely risk-free for players. Instead, they can use virtual currency to place their bets, and the revenue comes mostly from sales of virtual goods.

The good news for operators is that social casinos don’t require licenses, and there aren’t any advertising restrictions. According to Softswiss, the global social casino market will be worth around $10 billion by 2030. At the moment, around $85 million people are active on social casinos.

SpinArena.net currently offers more than 3,000 captivating games from about 40 providers. Its players network has more than 700,000 players, 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 owner 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 year

The year started well for Softswiss. In January, the company expanded to Africa through a deal with Turfsport. Turfsport is one of the leaders in the industry when it comes to sports betting, horse racing, and lotto. Its operations in South Africa are recognized by more than 40 operators who want to partner with the company in this market.

Andrey Starovoitov, co-CEO, thinks that the African expansion is the natural next step for Softswiss since that market keeps growing rapidly, becoming more and more important in the global iGaming industry. He said: “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.

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CreedRoomz Awarded Live Casino Provider of the Year at SiGMA Europe Awards 2023

CreedRoomz, one of the leading live casinos in the iGaming industry, received a prestigious award, Live Casino Provider of the Year, at one of the most important events in the industry, SiGMA Europe Awards 2023.

A vast network of partners

creedroomz-wins-live-casino-provider-of-the-year-at-sigma-europe-2023-The company’s live casino sector is already very popular among the players. The commitment the whole CreedRoomz team showed when it came to creating and developing new live casino solutions got recognized in many markets, and this award comes as a cherry on top and confirms that CreedRoomz has a lot to be proud of.

Its creative and unique solutions and fantastic service delivery are what led the company to this prestigious award.

The company has a partner network that consists of more than 1000 partners all over the world, and it doesn’t seem to stop when it comes to global expansion. That number of partners shows the trust and value the company has brought to the whole global iGaming industry. Among the recently signed deals are the ones with Leader Bet, Soft2Bet, Alea Play, Tom Horn Gaming, BlueOcean Gaming, and many more of them. This year, the company was present at various events, such as BEGE Expo, SiGMA CIS, Entertainment Arena Expo, SiGMA Asia, iGB Live Amsterdam, SiGMA Americas, and other important industry events.

The company’s portfolio currently consists of 24 unique and captivating games. It grew from 18 games at the beginning of the journey and expanded rapidly.

Cultural diversity in the company’s games

One of the main assets of CreedRoomz’s games is its cultural diversity – its gaming halls incorporate various cultural elements, including Indian table, as well as Brazillian ones, so people from various cultural backgrounds can be assured that they would find something for themselves and enjoy a range of games from the CreedRoomz’s fantastic portfolio. There are more than 150 different tables for players from all backgrounds and all interests.

At the moment, CreedRoomz offers games such as Express Roulette, Roulette, Bet On Poker, Blackjack, Dragon Tiger, Keno, and many more.

The company’s CEO commented on this award: “The SiGMA Europe award is a testament to our team’s hard work and our commitment to delivering the highest quality live casino experience. Our mission is to continually set new standards within the live casino market, and this recognition fuels our drive to innovate and lead from the front.”

Just recently, the company got a Danish license, which strengthened its position in the key European market.

Source: CreedRoomz Secures ‘Live Casino Provider of the Year’ at SiGMA Europe Awards 2023″. CreedRoomz. 

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City of Dreams Mediterranean is Open in Cyprus – Only Integrated Casino Resort in Europe

city_of_dreams_mediterranean_is_open_in_cyprus_only_integrated_casino_resort_in_europeCity of Dreams Mediterranean officially opened for business this week after five years of planning, building, and outfitting guests for the high-end adventure of a lifetime in Europe’s largest and only integrated casino resort.

The sheer mass and design elements of the building seem to indicate it would be visible from several miles away with a shape reminiscent of a Mayan temple or a well-known tourist landmark in the Middle East, Sheraton Doha. On might even recall A Cancun casino resort.

Despite the similarities in aesthetics from a distance, City of Dreams is much different – inside and out.

Casino Gaming in a Luxury Environment

While a Mayan temple at Chichen Itza may or may not hold grand treasures, the only way most people will leave this property with a small fortune is to enter it with a large one – lady luck notwithstanding.

The hotel has 500 rooms in a range of luxuries and price points but each room is fresh and the accouterments are unique to the property. The development in toto is the first in Cyprus to achieve a BREEAM Excellent rating for its sustainability strategy beginning at the design stage.

Architecturally, the development was recently honored by the European Property Awards 2023 for achievements in three categories: Best Hotel Architecture Europe: Best Sustainable Commercial Development Europe, and finally, Best New Hotel Construction & Design Cyprus.

Once you get beyond the strategically placed palm trees and massive pool complex, expect high walls of marble to greet you indoors.

Options include a visit to a diamond boutique, relaxing in a cozy chair and trying on high-end wristwatches, or sorting through designer clothing in one of the retail outlets.

While the description may sound like a world away, the design elements are all tied together with local geo design elements like cobbled floors and paths outdoors, plenty of greenery on the pathways to the largest pool complex in the Mediterranean along with cool blues and other hues that tie it all together and meld it with the local environment.

If you are itching to simply know about the gambling experience, that element needs to be put in its proper context as this is an integrated resort as much as it is a casino surrounded by “distractions”. However, expect to find a modest number of slots – 750, and a modest number of gaming tables – 75. How and where the machines and tables are placed is unique with a mixture of banks of machines and scatters of machines throughout some table gaming areas.

Table game options include the following:

  • American Roulette
  • 3 Card Poker
  • Mini Punto Banco
  • Baccarat
  • Blackjack
  • Casino Stud Poker
  • Russian Poker
  • Texas Hold’em
  • Ultimate Texas Hold’em
  • Omaha

City of Dreams Mediterranean offers gaming in a luxury resort setting rather than obligatory distractions surrounding a money pit to capture revenues. It seems to be designed holistically.

Full days could be spent exploring everything from zip lines to obstacle courses, climbing walls, and trampolines.

Several eateries and other amenities opened on Monday following a soft opening earlier. Expect a few more food, drink, and entertainment venues to open strategically over the coming days, weeks, and months to help keep the property front and center in the minds of visitors and potential visitors.

Not All Is Paradisical Below the Surface

Union organizers and members are upset about policies that seem to be working against employees exercising collective bargaining to get their fair share of the profits that will be left n the machines and on the tables by visitors from all over Europe and the larger world at the Cyprus resort casino.

One union decided to cancel a planned protest at the request of the Labor Minister who had asked organized workers to “refrain from confrontation”. However, another union decided to go ahead with plans to hold a small protest at the property on opening day.

According to local media reports, the problem is systemic and major rather than specific terms of employment, compensation, or benefits for employees at this point. Cyprus Mail reports that Peo Union (Syxpa-Peo branch Neophytos Timinis) would not “back down” until assurances were given that representatives of the union would be given access to the property.

Both Peo and Deok assert that management in the form of Melco, forbids access to union activities in the workplace and will not allow efforts to unionize workers.

Predictably, perhaps, Melco called the protests “unfounded and poorly timed” an obvious reference to opening day. The opening and ongoing success of the casino is important to Cyprus meeting its goals of becoming a well-known tourist destination so it’s no wonder Labour Minister Yiannis Panayiotou has involved himself directly in the dispute.

On that issue, a Deok union representative said that the labor minister’s intervention would be a turning point towards “fully implementing Cypriot laws and the constitution, that set in stone union liberties.”. With that, Deck union canceled its planned protest.

The operator of the resort casino needs to realize that its business activities are conducted on the territory of the Republic of Cyprus and it should stop behaving like a state within a state, disrespecting the legal order of its host state,” Deok noted.

Peo union indicated talks were ongoing out of public earshot, but it would hold the course until City of Dreams Mediterranean allows the union access to the resort to work on unionizing employees.

The how and where can be agreed later, with the minister’s help,” a Peo union rep purportedly told the Cyprus Mail.

Source: The City of Dreams Mediterranean casino resort officially opens on Monday, Cyprus-Mail, July 9, 2023

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Swintt – Betsson Tie Up Captures Italy and Lithuania – Solidifies Europe

swintt_betsson_tie_up_captures_italy_and_lithuania_solidifies_europeBetsson Group, one of the super-entities in the European online gaming space has inked a deal with the undersung powerhouse, Swintt. The deal will see Glitnor Group spawned Swintt provide titles to Betsson operating partners in diverse regions such as Latvia, Sweden, Germany, and Malta where Swintt has its headquarters.

Swintt was formed in 2018 and launched in early 2019 in Malta. In recent months, the firm has experienced phenomenal growth in key European markets. The Betsson deal adds velocity and heft to the trajectory begun by longtime industry veteran and founding CEO, David Flynn. According to the World Casino Directory: “CEO, David Flynn has been involved in software and gaming since the 1990s with titles such as VP, Director (Ongame), Head of Operations (Microgaming), CEO, COO, CCO, and EVP of Business Development at NYX and NYX AB, as well as JackpotJoy during the Gamesys Vera&John era.”

SwinttGames and SwinttPremium Titles plus Boutique Partner Content

Swintt carries two main packages of games and hit the ground running with about 70 titles prior to building on its portfolio and current market reach. SwinttGames and SwinttPremium represent collections of titles in the classic configuration as well as the more popular online video slots with mechanics and bonus features like scatters and free spins. In addition to the in-house creations augmenting the studio’s offering, third-party developer titles are also included in the deal. These are usually from boutique studios and are delivered via the SwinttStudios platform.

While any provider striking a deal with a megalith such as Betsson is newsworthy and sure to create certain knock-on effects for the developer, the addition of the Italian and Lithuanian distribution of Swintt games is sure to provide a catalyst for future expansion as well as to bolster the company’s already sure footing in each market it has entered. The addition of those two markets helps make the deal with Scandanavia’s Betsson one of Swintt’s most important and far-reaching deals to date.

Titles such as Aloha Spirit XtraLockTM, the Book of Shai, and the imminent release of Electric Elements are sure to find players gravitating to the brand, especially those who count it as a favorite as well as those just discovering it. Another release that is coming soon is Duolitos Garden – a slot with four progressive jackpots.

Plugging in the Swintt catalog also includes partner studio games such as Stacking Bison by Fine Edge Gaming and Thor’s Strike from Samurai Studio. The studio is one of the only Japanese slot studios with global reach and is part of NatsumeAtari. Swintt and Samurai joined forces in late 2022.

Top Executives Comment on the Deal

The current Chief Executive Officer at Swintt, David Mann, said: “Over the past few months, Swintt has been involved in a number of partnerships with high-profile online casinos, but our new agreement with Betsson might be one of the biggest ones as we continue to expand brand throughout Europe and beyond.

By working closely with Betsson, we’ll be able to ensure customers in a number of important markets get to experience the huge variety of titles that we have available from our SwinttGames and SwinttPremium line-ups, as well as exciting third-party games courtesy of the SwinttStudios platform.”

Betsson Group Head of Gaming Operations, Sarah Micallef said: “From its fairly humble beginnings some 60 years ago, Betsson has established itself as one of the premier online gaming operators in Scandinavia and most of Europe – and a key component of this has been ensuring we partner with only the very best software providers.

Over the past few years, Swintt has proved through its innovative range of releases that its certainly worthy of being considered up there with the industry’s top studios and we’re very much looking forward to making their games available to our customers in a wide number of markets this year.”

Source: Swintt solidifies European presence with Betsson deal, Swintt News, May 2, 2023

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