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XIN Gaming acquires Tain and Betting Promotion
ASIAN-FACING GAMES SUPPLIER ACQUIRES TAIN AND BETTING PROMOTION
XIN Gaming in important expansion deal.
Asian-facing online games developer XIN Gaming has announced the acquisition for an undisclosed consideration of online gambling software provider Tain and sister company, sportsbook supplier Betting Promotion. The two Swedish companies merged in 2013.
XIN managing director Matthias Larsson said in a statement Thursday that his company was attracted to Tain by its reputation as one of the most trustworthy B2B operators in online gaming, and because of the potential of its comprehensive and independent offering.
“This is a milestone for XIN Gaming, as this acquisition moves us up to the next level within the sector," he said. “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 best-of-breed third-party content on its platform from providers such as NetEnt and Evolution, and will now also now integrate slot games from XIN Gaming and Live Dealer from Asia Gaming, making these products available to European operators.”
Tain offers technology suitable for online sportsbook, betting exchange, casino, poker and bingo games.
Its clients range from start-ups to major industry operators, and it additionally offers a feature-rich payment gateway solution. Meanwhile the Tain Commons Platform ties together an operator’s entire range of gaming products into a single management interface.
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Opap in memorandum of understanding With Inspired -
Virtual sports provider Inspired has entered into a memorandum of understanding (MOU) with Greek betting and lottery operator OPAP for the supply of its full suite of virtual sports, for integration online and across OPAP's retail network.
DeltaCorp To Acquire ace2three -
Our readers will recall Delta Corp. acquired a 26 percent stake in Gaussian Networks, parent company of India’s largest online poker operator Adda52 earlier this month
More Australian POC Taxes -
In an interview with The Australian, Tabcorp chief executive offer David Attenborough warned “global rivals” of his belief that other Australian states are moving fast to follow South Australia’s lead in implementing a point of consumption tax.
William Hill Exits Russia -
"Starting from September 23 William Hill Casino Club will terminate its activities in the Russian territory for legislatory reasons. All active customer accounts will be suspended," the advisory reportedly detailed.
Pennsylvania Online Gambling Hearing Postponed till October -
HR 2150, which includes DFS and e-gaming elements, was passed as part of the critical state budget bill by the House in June this year, with lawmakers expecting the bill to contribute $100 million annually in licensing and fees to help balance the state budget.
Two Mega Fortune Dreams Jackpots Hit -
Both Swedish players, the first lucky punter hit a GBP 100,000 jackpot playing on his mobile phone, while the second, identified as Martin, staked just 18p before netting a GBP 60,000 jackpot on the popular series thinking he was playing in demo-mode.
ASA Looking at Ladbrokes and Netbet ads -
A TV ad for Cosmo Gaming’s NetBet online casino was determined by the UK Advertising Standards Authority (ASA) as glamorising online gambling following a single complaint.
Betconstruct In Deal With Realistic Games -
BetConstruct has agreed a deal in which it will integrate a range of Realistic Games online table and slot content including blackjack, roulette and slot titles Super Graphics Upside Down, The Fruit Factory and Fireworks.
XLMedia Half 1 2016 Earnings Report -
Online gambling marketing company XLMedia, which operates websites driving players to online casino operators, delivered robust interim results for the first half of 2016, attributing its success to investment in technology.
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