Glitnor Group to acquire OneCasino, expanding European market reach
The acquisition will expand Glitnor’s operations to more than eight regulated jurisdictions in Europe, focusing on synergies in technology and market reach.
Key points:
– Glitnor Group signs agreement to acquire OneCasino, an iGaming operator in regulated European markets
– Acquisition to extend Glitnor’s footprint across eight European jurisdictions, with an entry into Germany pending approval
– Projected combined revenue for Glitnor and OneCasino to exceed €150m in 2024
Glitnor Group has signed a Share Purchase Agreement (SPA) to acquire OneCasino, a European iGaming operator with an established presence in regulated markets including the Netherlands, Spain and Denmark, as well as a pending licence for entry into Germany.
This acquisition positions Glitnor to operate in over eight regulated jurisdictions across Europe, and is anticipated to create operational and technological synergies supporting further revenue growth and profitability.
OneCasino, recognised for its proprietary technology stack, offers a platform centred on player engagement with localised and tailored content.
Its in-house game studio, integrated within the proprietary iGaming platform, is expected to bolster Glitnor’s offerings with additional customisable features. On a proforma basis, the combined revenue for Glitnor and OneCasino is projected to surpass €150m ($162m) in 2024.
Glitnor CEO Richard Brown commented: “We are tremendously excited to welcome OneCasino and its team into the Glitnor Group. The transaction accelerates our long-term vision to become a leader across high value, regulated markets in the iGaming industry.”
In August 2024, Glitnor collaborated with ThrillTech to incorporate jackpot technology across brands like HappyCasino and LuckyCasino.
OneCasino’s CEO Mark Schram said: “We’re incredibly proud of what the OneCasino team has accomplished over the years. Joining forces with the Glitnor Group marks an exciting new chapter for us as we continue to grow and expand into new markets.”
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