Softswiss has obtained a noteworthy stake in Ously Games GmbH, a German enterprise. They aim to develop a new software solution for social casinos.
Ously Games is the provider of SpinArena.net. SpinArena.net is a social casino that operates in Europe and has a collection of over 3,000 games from 40 providers.
Social casinos do not involve real-money betting. They instead use virtual currency within the gameplay, with their revenue coming from virtual good sales.
Moreover, SpinArena.net has tripled its player base since the beginning of 2023. It has launched a social casino that does not have any license requirements or advertising restrictions. This market continues to grow.
Ivan Montik, Softswiss Founder said that anticipating the development of social casinos within the iGaming industry, Softswiss made strategic investments to diversify its portfolio. Together, they aim to create a comprehensive platform for social casinos, enriching the robust ecosystem of iGaming products provided by their company.
Meanwhile, Jochen Martinez of Ously Games GmbH added that they delight in forging a strategic partnership with the global technology provider Softswiss. This alliance brings invaluable insights, innovations, and profound expertise to both parties.
He also stated that the deal demonstrates their commitment to driving growth and mutual development. Collaborating with Softwiss opens new horizons and ensures access to top-notch resources and support essential for thriving in the competitive iGaming landscape.
A few weeks ago, Bluebet entered into a binding Asset Sale Agreement to acquire Betr. It suggests that this move will allow it to increase sale and market share, notable operational synergies and a platform for further growth.