Merkur Group has expanded its partnership with electronic table game developer Spintec to acquire a “significant stake” in the company.
After initially investing back in 2019, Merkur Group has now acquired what it describes as “a significant stake” in Slovenia-based developer and of electronic table games (ETGs) Spintec d.o.o.
“Spintec is a highly innovative and successful ETG specialist, distinguished above all by outstanding quality and a strong global footprint,” said Dominik Raasch, Management Board Member, Merkur Games in a press statement. “This investment is a real asset for the Merkur Group and an important driver of our international growth strategy.”
The goal of Merkur’s continued investment
The investment partnership so far has combined Spintec’s technology in gaming and Merkur’s distribution via its international network, having recently expanded its foothold in the US. Having highlighted those elements in the announcement, it seems that Merkur plans to take Spintec’s ETGs further around the world via this expanded investment.
“Our collaboration creates valuable synergies that enable us to bring these high-quality ETG solutions to a significantly broader audience,” Raasch said. “Building on our achievements to date and further expanding this especially successful strategic partnership was therefore the natural next step for both sides.
“With Spintec at our side, we can offer operators an even broader range of gaming experiences – further strengthening Merkur’s position as a reliable full-service gaming provider.”
Spintec’s ETGs already have a strong presence in Latin and North America, Europe, and large parts of Asia, including established places in a number of Merkur’s own casino properties.
“Over the past years, we have seen just how well Merkur and Spintec complement one another,” said Goran Miškulin, CEO of Spintec. “This is demonstrated especially by our cooperation with Merkur Spielbanken, where our ETG solutions are already successfully deployed in numerous Merkur casino properties.
“I am confident that this investment will allow us to exceed the results of our partnership so far and unlock additional synergies that will create value for both organizations.”
Featured image: Merkur Group
The post Merkur Group has acquired a ‘significant stake’ in ETG developer Spintec appeared first on ReadWrite.
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.