BUSINESS

Betsson signs slots deal with Quickspin; Sazka bought out by KKCG; 888 ready to enter Italian slots market

TAGs: 888 Holdings, Betsson, Italy, kkcg, quickspin, Sazka, spain

news in brief may 2Betsson has signed a deal with Quickspin to access the firm’s full range of video slots. The multiyear agreement means that all brands under the Betsson moniker will gain access to Quickspin video slots and it follows their decision to use Williams Interactive games earlier this week. Rudi Thomassen, Casino Director at Betsson says “Our strategy is to provide the best possible gaming experience for our players and in order to do that we need to be able to offer the best games available on the market. Quickspin fits perfectly into this strategy and to our portfolio of game providers and we look forward to see their games go live on our different brands.”

Czech lottery firm Sazka has been fully taken over by investment firm KKCG in a move they hope will bring an end to their financial woes. The terms of the deal mean PPF has sold its 50 percent share in the company and the price is estimated at 5.57 billion Kč, around £183million, by Motejlek.com. KKCG are clear as to the potential of Sazka and KKCG Manager and board member Pavel Šaroch added: “Sazka is a very strong platform for long-term development for us, not only in the lottery area but also in other retail businesses on the Czech market.” Their main competitor in the lottery sector is Fortuna Entertainment Group and Sazka could challenge them in the betting market thanks to this new backing.

888 are readying a slot product for Italy as they prepare to be awarded one of the country’s first online slot licences. Brian Mattingley, chief executive of the group, told eGR that they expect to be one of the first to be issued a licence when the AAMS hands them out later this year, and he added: “We are ready, we are compliant, and we will be in on the first wave without a doubt. We have spent a lot of time and resources on making sure we’re compliant and making sure we have our product ready to go.” The head honcho also added that 888 would launch their Italian poker network sometime “around the turn of the year”. Their enthusiasm ends there with the news that slots in Spain won’t be reassessed until next year.

Comments

views and opinions expressed are those of the author and do not necessarily reflect those of CalvinAyre.com