Softswiss enters Estonia with Kingswin acquisition
SoftSwiss has acquired Estonian online gaming operator Kingswin Online in a move that will see the online gambling software developer expand its services into the country for the first time.
Terms of the acquisition were not disclosed, but it was confirmed that Kingswin, which holds a local remote gaming licence in Estonia, will now operate as part of the SoftSwiss group of companies.
SoftSwiss said that it is planning to uses the Kingswin licence to offer white label solutions in Estonia.
SoftSwiss has an existing relationship with the operator, having powered its Kingswin.com online casino site since 2015.
“SoftSwiss’s acquisition of Kingswin provides a major growth opportunity for both our businesses through an extended service offering for our clients,” SoftSwiss founder Ivan Montik said.
“With a range of high profile clients, the acquisition of Kingswin supports the SoftSwiss strategy to lead the market and provide a complete online gaming solution in various counties.”
The acquisition comes after SoftSwiss last month announced a major content deal with Greentube, the interactive division of Austria's Novomatic Group.
Under the agreement, Greentube’s portfolio of games will be distributed across a range of brands using the SoftSwiss online casino platform and game aggregator such as N1 Casino, Paradise Casino and EuSlot.