Betsson and StakeLogic Join Forces to Provide 3D Casino GamesPublished August 23, 2016 by Ivan P
New deal between Betsson and StakeLogic will see 3d HTML5 based casino games offered by the well known online casino.
One of the best known names in the online casino industry, Stockholm-based Betsson has entered a partnership agreement with the online slots provider StakeLogic. The agreement will see Betsson receive a range of 3D HTML5 based casino games produced by StakeLogic.
Mutually Beneficial Cooperation
According to Andy Broughton Braithwaite, Games of Chance Director over at Betsson, the newly signed agreement is expected to produce great results for both companies. StakeLogic already has an avid catalogue of different games available and they are more than capable of producing more top notch, unique online casino content.
For StakeLogic, this is a great opportunity to have their products made available to a wider range of customers. This partnership comes on the trail of the cooperation agreement they signed earlier this year with Unibet, another major online casino provider.
"We are thrilled to work with Betsson. Teaming up with Betsson to offer their players our games is an exciting development for our company. Ruben Visse, CEO of StakeLogic".
As of right now, there are several new and exciting StakeLogic games offered by Betsson, including titles like “Random 2 Wins” and “Game 2000.” In the upcoming weeks and months, this offer will be expanded to encompass a much larger number of games across Betsson brands.
Betsson Looking to Grow Their Business
The Swedish based company with offices all over Europe, Betsson has been posting great results during the recent months. With this latest move, they are looking to further establish their position and continue with the growth trend.
The online casino offering remains one of the most valuable company’s assets, accounting for the quarterly revenue of SEK683 million. With the new and improved games provided by StakeLogic, this number is expected to grow.
Sports betting represents another important segment of the business, recording 8% quarterly increase and bringing in further SEK223 million. Adding another SEK383 million that came from the mobile segment, accounting for 41% of the total group’s intake, it is only natural for Betsson to seek new opportunities to maintain this positive trend.
StakeLogic Establishing Their Market Position
As a subsidiary of the company going under the Greentube name and a part of NOVOMATIC Interactive, StakeLogic has based its entire business model on creating and delivering 3D HTML5 slot games to online casino operators. Having necessary skills and expertise in the field, the company was able to establish itself as one of the go-to providers for several big names.
Just recently, the Malta Gaming Authority awarded the company a Class 4 Gaming License, enabling StakeLogic to fully license their products to third parties. The license further strengthens the company’s position as one of the leading high-end casino game providers.