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Online gambling supplier Softswiss has acquired a “significant stake” in German social casino operator Ously Games, the company behind the SpinArena.net brand.

Following its investment in the business, Ously and Softswiss are set to collaborate to develop a new comprehensive software solution for social casinos, Softswiss said.

Deal rationale

Explaining its rationale behind investing in the social casino sector, Softswiss pointed to projections suggesting the sector will be worth €10bn by 2030, with more than 85 million players globally engaging with social casinos every day.

SpinArena.net in turn has seen its player base triple since the beginning of 2023, and now boasts in excess of 700,000 players. 

The brand offers around 3,000 social casino games from some 40 providers, and recently generated €1m in annual turnover, Softswiss added.

Executive commentary

“Anticipating the development of social casinos within the iGaming industry, Softswiss made strategic investments to diversify its portfolio,” said Softswiss founder Ivan Montik (pictured).

“Together, we aim to create a comprehensive platform for social casinos, enriching the robust ecosystem of iGaming products provided by our company.”

Ously Games founder Jochen Martinez added: “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.”

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