Connect with us
WINNING COMBINATION

Aquisitions/Mergers

OKTO Acquires Aplauz CH GmbH and Expands in Swiss Market

Published

on

Reading Time: 2 minutes

 

OKTO has announced the full acquisition of Aplauz CH GmbH, the Swiss subsidiary of Aplauz Financial Services Ltd. This strategic acquisition strengthens OKTO’s presence in the Swiss market, enabling the company to expand its customer base and introduce innovative payment services in the market while maintaining and enhancing the existing infrastructure of Aplauz CH GmbH in the region.

Under OKTO’s ownership, Aplauz CH GmbH will continue to deliver its Aplauz prepaid payment service through online merchants and retail distribution partners, now rebranded as OKTO.VOUCHER. The transition will be seamless, ensuring uninterrupted service for all partners and consumers.

Aligned with its growth strategy, OKTO also introduces OKTO.CASH to the Swiss market—a fast, direct cash-to-online payment solution already established across multiple European markets, including Romania, Greece, Czech Republic, Germany, Cyprus, Italy and Serbia.

Aplauz CH GmbH, now under OKTO’s leadership, holds the necessary regulatory approvals from the Self-Regulatory Organization (SRO) VQF to offer both OKTO.VOUCHER and OKTO.CASH services in Switzerland.

Thanos Mondanos, OKTO’s Head of Business Strategy, said: “Welcoming Aplauz CH GmbH into the OKTO Group marks a significant step forward in our international growth strategy. This acquisition reinforces our commitment to expanding in high-potential markets like Switzerland, allowing us to deliver a stronger portfolio of payment solutions that meet evolving customer demands. We are confident that Aplauz CH GmbH’s established presence, combined with OKTO’s innovative payment technologies, will create substantial value for both users and partners in the region.”

Mathias Wratschko, Senior Distribution Manager at OKTO, said: “This is a pivotal moment for OKTO, our Swiss partners and users. Through the acquisition of Aplauz CH GmbH, we’re set to elevate both transaction volumes and customer experience in Switzerland. By expanding the rebranded OKTO.VOUCHER service and launching OKTO.CASH, we’re enhancing Swiss payment options in a way that promises substantial revenue growth for our partners and increased satisfaction for consumers.”

Goran Abramović, Director of Aplauz Financial Services Ltd., said: “We are thrilled with the successful sale of our Swiss consumer business and have every confidence in OKTO’s capacity to drive further growth in this segment within the Swiss market. Aplauz Financial Services remains fully committed to supporting the Swiss market by continuing to provide our cutting-edge voucher issuing technology platform to OKTO and offering ongoing technical support to our valued partners. We look forward to seeing the positive impact OKTO will bring to this evolving market.”

Aquisitions/Mergers

Gladiators Esports acquires Gods Reign in one of Indian esports’ biggest moves; signs Gujarat Titans Rising champions BGMI Team

Published

on

Reading Time: 3 minutes

Marking one of the most significant acquisitions in the Indian esports landscape, Gladiators Esports has officially acquired Bengaluru-based Gods Reign to unite two of the nation’s leading esports entities.

As part of this acquisition, Gladiators Esports will integrate the Gods Reign into its operations, with Gods Reign retaining its name for the esports team while all other verticals, including content creation and marketing will be under the banner of Gladiators Esports. This consolidation aims to streamline operations, strengthen brand identity, and leverage the combined resources of both entities.

Speaking on the acquisition, Gladiators Esports stated, “We are thrilled to welcome Gods Reign into the Gladiators Esports family. This acquisition reflects our commitment to elevating Indian esports and driving its growth. By integrating the renowned Gods Reign brand and its talented roster, we are not only broadening our reach and influence but also creating a nurturing space for our players and creators to excel. This marks an exciting new chapter, and we eagerly look forward to shaping a bright future for Indian esports.”

In line with this transition, Gods Reign has onboarded one of India’s most decorated Battlegrounds Mobile India (BGMI) lineups, featuring star players who have consistently proven themselves on the biggest stages and have multiple major accolades to their name.

“This acquisition by Gladiators Esports represents a pivotal step for both Gods Reign and the Indian esports ecosystem. By combining our expertise, experience, and shared vision for advancing Indian esports, we are poised to deliver unmatched experiences and achievements. Our new BGMI roster, featuring both seasoned talent and fresh perspectives, embodies the high level of competition we’re committed to bringing. Through this strategic move, we aim to amplify opportunities for our athletes, engage our community in exciting new ways, and elevate Indian esports on the global stage,” said Rohith KR, CEO of Gods Reign.

The team will be led by In-Game Leader (IGL) Ammar Khan (Destro), joined by his former teammates Justin Nadar (Justin) and Parth Garg (DeltaPG). Together, this trio has proven to be a formidable force in official tournaments last year, capturing the BGMI Series (BGIS) 2023 title and BGMI Masters Series (BGMS) 2023 and earning runner-up position in BGMI Pro Series (BMPS) 2023.

Strengthening the roster further is Shubham Ranjan Sahoo (NinjaJOD), who clinched the BGIS 2024 championship and was a runner-up at last year’s India-Korea Invitational. Former BGMI athlete Robin Singh (Robin), who recently led Destro, Justin, DeltaPG, and NinjaJOD to victory in the Titans Rising tournament hosted by the Gujarat Titans cricket team, will be coaching this skilled lineup.

The newly assembled team, which had a combined prize pool earnings of approximately INR 2.5 crores ($276,703) in FY23, brings fresh potential to build on their impressive track record and aim for even higher accolades in the upcoming tournaments.

“Having previously played with these talented players and achieved success together, returning to Gods Reign feels like a true homecoming and it’s an honour to reunite under this banner. This acquisition unites some of India’s top esports talent, all of whom are dedicated to constant improvement and focused on victory. With our combined strengths and support, we hope to set new benchmarks in BGMI and demonstrate our potential on both national and international stages,” commented Ammar Khan aka Destro, IGL of Gods Reign.

In addition to its esports rosters in Counter-Strike 2, Pokémon UNITE, and BGMI, Gods Reign is also home to some of India’s top gaming creators, including Thor Gaming, Harshdeep Singh, Red Parasite, Miss Senorita, AJ Jeffy and many others. Collectively, they boast over 6 million YouTube subscribers and more than 1 million Instagram followers.

Together, Gladiators Esports and Gods Reign are ready to make waves in India’s rapidly growing content creation and esports ecosystems.

Continue Reading

Aquisitions/Mergers

Datawrkz, a Nazara subsidiary, acquires majority stake in UK growth marketing agency, Space & Time

Published

on

Reading Time: 2 minutes

 

Transaction set to fast-track Datawrkz’s ambitious growth plans

Datawrkz, a subsidiary of Nazara Technologies Limited (BSE: 543280) (NSE: NAZARA) has acquired a 100% stake in Space & Time, an independent growth marketing agency with offices across the UK for approximately GBP 4.8 million (~INR 52.3 crores) in cash and stock.

This acquisition is a key move in advancing Datawrkz’s growth ambitions across Europe and North America, positioning it as a scaled player in the global digital advertising market.

The collaboration brings together Space & Time’s expertise in growth marketing, media, and technology with Datawrkz’s strengths in programmatic advertising technology and optimization. This partnership will enable both companies to deliver more impactful digital advertising solutions and drive further expansion, especially in the European and UK markets. Additionally, Space & Time will gain access to Datawrkz’s cutting-edge technology and products, enhancing their ability to deliver effective campaigns and capitalize on growth opportunities in Europe and North America.

Datawrkz was founded in 2013 on the premise that digital advertising can be done better in every way. 

Senthil Govindan, CEO and founder of Datawrkz, will join the Space & Time board. He noted, “We are embarking on an inorganic strategy to complement our strong independent growth, and Space & Time is an ideal partner. The cultural alignment and shared focus on delivering value for clients make this acquisition a perfect fit. We anticipate this collaboration will significantly boost growth for both companies, with Space & Time driving our expansion in Europe.”

Launched in 2000, Space & Time has achieved strong revenue growth over the last three years and is one of a select few Google Premier Partners in the UK. Earlier this year, Space & Time chief executive officer, Chris Jones, was named in the ‘CEO and Leaders’ category of the BIMA 100, a listing of the top 100 movers and shakers in the UK’s digital and technology industry.

Chris Jones adds: “The company was founded with very clear principles focussed around client success. I’m incredibly proud to say these are more intrinsic and fundamental to our values than ever. The challenge was to find an investor that shares this passion for client-centricity and that’s exactly what we’ve found in Datawrkz. As two fast-growing and specialist businesses, the potential between us made this the perfect match and the investment in key areas such as data and technology that this deal brings will help future-proof our clients’ business as we continue to grow.

The deal represents an exciting new chapter in the Space & Time story as we partner with Datawrkz to bring new opportunities to clients. We’re excited for all that lies ahead.”

 

Continue Reading

Aquisitions/Mergers

Glitnor Group Acquires Leading Multinational Casino Operator OneCasino

Published

on

Glitnor Group Acquires Leading Multinational Casino Operator OneCasino
Reading Time: 2 minutes

 

Glitnor Group has today signed a Share Purchase Agreement (SPA) to acquire OneCasino, a leading iGaming Operator with a strong position across multiple regulated markets including the Netherlands, Spain, Denmark and with plans to enter the regulated German market pending final license approval.

The combined business will significantly enhance the Group’s financial scale and create further geographical reach in markets across Europe, where the Group will have operations across more than 8 regulated jurisdictions.

The acquisition is expected to create attractive commercial, operational & technological synergies enabling accelerated growth and profitability. On a proforma basis revenue for the consolidated entities would surpass 150 million Euros in 2024.

OneCasino has built an extremely strong proprietary technology stack and product with a true focus on player engagement. The in-house game studio offered via the proprietary iGaming platform enables localised and bespoke content and an exciting opportunity for further growth across the Group, complimenting further Glitnor’s own games studio and in-house PAM & RGS.

Closing is expected in the first half of 2025 and is subject to the necessary approvals from relevant gaming and regulatory authorities.

Richard Brown, CEO of Glitnor, said: “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. The hugely complementary geographical profile and high-quality product OneCasino have rapidly expands both companies’ short- and long-term addressable market. 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.”

Mark Schram, CEO of OneCasino, 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. The shared vision and synergies between both companies make this merger a perfect fit, allowing us to further enhance our proprietary technology and product offerings while continuing to focus on providing exceptional gaming experiences to our customers.

At the core of our business we always ensure that players can enjoy our platform in a safe and responsible manner. 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.”

Continue Reading
Advertisement
Alpha Affiliates
Advertisement

EveryMatrix

Advertisement

Launch your iGaming business swiftly and effortlessly with our comprehensive turnkey solutions

Trending (Top 7)

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.