Some of the major gaming company news released this week.
Estoril Sol Launches Portugal’s First Licensed Online Casino Site
Portugal has issued the first online casino license under the country’s newly regulated online gambling market.
Estoril Sol Digital Online Gaming and Products Services, SA has been awarded an online games of chance license by the local gaming regulator, Servico Regulacao e Inspecao de Jogos do Turismo de Portugal (SRIJ), allowing it to operate using the domain Estroilsolcasinos.pt.
The new online site has already gone live and is licensed to offer Roulette, Slots and Blackjack. The platform is powered by Gaming1, a leading Brussels-based software provider.
Red Tiger Games Go Live on Paddy Power
Leading Isle of Man-based developer of online casino content, Red Tiger Gaming, has entered into a distribution agreement with Paddy Power, a UK online and land gambling group, in terms of which several of its titles will go live with Paddy Power.
The Lucky Wizard slot was the first slot game to be released to the operator’s online casino and saw over 1 million spins over the first weekend of going live.
Mike Phelan, Head of Paddy Power Games and Betfair Arcade, revealed that the volume of play through the first game they had put live was unbelievable and that the numbers after the first weekend was phenomenal. He added that the Red Tiger Gaming games turned into an instant success with players at Betfair when it was launched last year.
Betfair merged with Paddy Power earlier this year.
Commercial Director at Red Tiger Gaming, Giles Potter, revealed that integration was completed with the Paddy Power team being extremely responsive throughout the entire process and that the two companies have worked closely together so as to customize a number of the provider’s features in order to maximize value and experience for players.
XIN Gaming acquires Tain and Betting Promotion
More gaming company news as this week saw XIN Gaming, the foremost games and systems developer in the Asian gaming sector, has acquired Tain and Betting Promotion, the sports-book supplier.
The two Swedish companies merged in 2013 and will now be owned by XIN Gaming, which is already established as a leading content and platform supplier.
Mathias Larsson, XIN Gaming’s Managing Director, said of the gaming company news:
“This is a milestone for XIN Gaming, as this acquisition moves us up to the next level within the sector. Tain is not just a very good platform, it is also one of the most established brands in the online market. This heritage is important as we believe it builds trust. Most suppliers out there only have their own platform, and their reliance on third-party providers means they can’t offer competitive pricing to clients. However, Tain has a complete in-house offering and can therefore offer low prices to operators. Tain offers a very competitive in-house sportsbook, a strong portfolio of in-house casino games and a top-of-the-line payment gateway. Tain will also now integrate slot games from XIN Gaming and Live Dealer from Asia Gaming, and make these available to European operators.”