GZIRA,
Malta, April 16,
2024 /PRNewswire/ --
SOFTSWISS, a global tech expert with over 15 years of
experience in iGaming, acquired a significant stake in Ously Games
GmbH, the driving force behind the fastest-growing European
social casino SpinArena.net.
As a result of these
investments, SOFTSWISS partnered with the German enterprise
Ously Games GmbH to develop a new comprehensive
software solution for social casinos, aligning
with recent iGaming industry trends.
Social casinos, a fast-developing trend in
online entertainment, offer a unique
fusion of popular casino games and social
networking features. Unlike traditional casinos, they
operate without real-money betting, utilising virtual
currency for gameplay. Social Casinos
revenue primarily stems from
virtual goods sales, enriching gameplay without monetary
risks.
The business model of launching a social
casino has no licence requirements or advertising restrictions and
grows globally year by year. As per modest estimates, the global
social casino games market is projected to
reach 10 billion
euro by 2030.
About 85 million people
around the globe daily play at social
casinos.
The largest by the number of slot games
European social casino, SpinArena.net, provided by Ously Games
GmbH, has seen its player base triple since the
beginning of 2023, surpassing 700 thousand players.
With a collection of over 3,000 games from almost 40 providers, the
casino reached a one
million euro annual
turnover.
Ivan
Montik, Founder of SOFTSWISS,
comments on the agreement: "Anticipating
the development of social casinos within the iGaming industry,
SOFTSWISS made strategic investments to diversify its portfolio.
Together, we aim to create a comprehensive platform for social
casinos, enriching the robust ecosystem of iGaming products
provided by our company."
Ously Games GmbH founder
Jochen Martinez
shares his expectations: "We are
delighted to forge a strategic partnership with the global
technology provider SOFTSWISS. This alliance brings invaluable
insights, innovations, and profound expertise to both parties.
Collaborating with SOFTSWISS opens new horizons and ensures access
to top-notch resources and support essential for thriving in the
competitive landscape of online entertainment."
About
SOFTSWISS
SOFTSWISS is an international
tech company offering top-notch solutions for iGaming for over 15
years. In 2013, SOFTSWISS was the first to introduce a
Bitcoin-optimised online gaming
solutions.
About Ously
Games
Ously Games is a
German enterprise, the provider of
SpinArena.net, Europe's largest social casino by number of
slots.
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