Glitnor Group acquires OneCasino, boosts international footprint

International gambling behemoth Glitnor Group has added another prominent iGaming operator to its sprawling brand portfolio with the company signing a Share Purchase Agreement to acquire OneCasino, Casino Guru News learned in an email press release.

The partnership will lead to strong technological synergies and also lead to revenues of €150m on a pro-forma basis in 2024 alone.

OneCasino is a tech-savvy iGaming brand of particular merit

OneCasino is a globally acclaimed online casino which has 8.9 out of 10 on Casino Guru’s Safety Index, and is one of the safest, most respected, and best-known casinos in multiple jurisdictions, including but not limited to the Netherlands, Malta, Spain, and Denmark.

OneCasino is also further planning to expand to Germany as well, giving a significant boost to Glitnor Group’s European and international footprint in the process. Glitnor Group will pitch its banner in eight regulated jurisdictions as a result, expanding its own reach and continuing to build brand recognition along the way.

OneCasino is more than just an online casino operator, though, as the company has built a strong proprietary technology stack that helps it to quickly differentiate its product offer, while also ensuring that it also engages with players. The company also has an in-house game studio which offers localized and bespoke content, which will further strengthen Glitnor Group’s own PAM and RGS capabilities.

In reality, OneCasino has been able to develop a true iGaming brand that is also bolstered by a serious technological in-house team that makes it resilient and quicker to adapt than most rivals on the market. Glitnor Group is set to benefit from that.

OneCasino CEO Mark Schram has welcomed the opportunity and said that the two companies had a shared vision about how to bring the best possible products to players, and that the merger is a "perfect fit."

OneCasino and Glitnor to boost their addressable market

"At the core of our business, we always ensure that players can enjoy our platform safely and responsibly. Together, OneCasino and Glitnor are sure to become a leading force in the regulated iGaming space, and I look forward to the exciting opportunities ahead," he noted.

The partnership was received in a similarly upbeat tone by Glitnor CEO Richard Brown who said that the group was indeed tremendously excited to add OneCasino to its brand portfolio. He hailed the opportunity to expand geographically, but also to leverage OneCasino’s high-quality product, helping both the company's short and long-term addressable markets.

"Mark and the team at OneCasino have built a fantastic company over the last years, creating a great product and working in a range of competitive regulated markets and have a proven track record of success. We are very excited to combine the two companies' offerings and accelerate our growth potential," he noted, hailing the iGaming operator’s team and success record so far.

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