Interblock has announced the acquisition of a majority share in Zuum – a producer of Class II and Class III electronic table games (ETGs), slots and bingo products.
The acquisition allows Interblock to offer a more diverse range of gaming solutions, including affordable ETGs for price-sensitive markets. This expansion is therefore hoped to cater to a wider array of operators, from luxury casinos to budget-focused properties.
Commenting on the development, Mitja Kolman, Founder and selling shareholder of Zuum, stated: “Bringing Zuum into Interblock family opens up exciting opportunities for Zuum to get more creative, reach new customers and combine our strengths to build even better high-quality products.
“This acquisition will help us grow, explore fresh ideas, create awesome experiences across different platforms and set us up for long-term success and growth.”
John Connelly, Interblock CEO, added: "This acquisition will provide Interblock the ability to penetrate an entirely new segment of the casino industry.
"With Zuum’s innovative, cost-effective product lineup, we’re now able to offer a more diverse range of gaming solutions to meet the needs of casinos in both high-yielding and evolving markets.”
Key benefits of the acquisition include the expected strengthening of Interblock’s position in the Class II market and the integration of Zuum’s ETG technology.
This move also aims to expand Interblock’s market presence across North America, Europe, Asia Pacific and the maritime sector.
In related news, Interblock became a direct buyer in the Netherlands earlier this year – another move that aimed to expand the company’s global reach.
