SoftSwiss has successfully acquired the Estonian Online Gaming Operator Kingswin Online. This would ensure the path of SoftSwiss into Estonia for the first time as it expands its business in different geographies.
Even though the terms and conditions of the deal have not been revealed, but it is understood that Kingswin would now act as part of the SoftSwiss Group of companies in Estonia. Kingswin Online holds the local license. As per the plan, SoftSwiss might offer White Label Solutions in Estonia using the license of Kingswin.
SoftSwiss and Kingswin have a long term relationship. In 2015, SoftSwiss powered the Kingswin.com casino site. Ivan Montik, the CEO of SoftSwiss said that the acquisition of the Kingswin is a major opportunity for growth and serving the clients. There are many esteemed clients with Kingswin and with both the companies coming together, it would lead the market a complete online gaming solution, Ivan further commented. He, however, wants to take the strategy of Kingswin and SoftSwiss to different other countries as well.
SoftSwiss announced a content deal with Greentube last month. Greentube is the interactive group of the Novomatic Group of Austria. This deal would benefit the SoftSwiss in serving the clients and customers believed the management during the deal as well. The portfolio games of Greentube would be distributed among a range of brands under SoftSwiss as per the deal. N1 Casino, Paradise Casino, and EUSlot are a few of the brands that would be benefitted. With Kingswin in its banner, the Greentube content may also be extended to the Estonian company.