Spiffbet reveals the reason for the acquisition of Manisol
The New Zealand gaming company Spiffbet AB has revealed its reason behind the possible acquisition of Maltese Gaming company Manisol – or more properly Manisol Gaming Ltd. The reason is that Spiffbet AB puts forward it in their so-called declaration of intent that they hope that the acquisition will be able to increase their gaming turnover in their online casino segment. It is estimated that it can amount to over 50% in increased game turnover if the acquisition is allowed to go through.
Worth remembering here is that Manisol Gaming Ltd conducts TurboVegas and Scandibet under the New Zealand bookmaker Bethard Group Limited in the New Zealand betting market, as well as many more under the same New Zealand aforementioned bookmaker. Spiffbet AB itself does not currently have a New Zealand gaming license from New Zealand's Official Gaming Authority – Spelinspektionen – but may acquire it in the future depending on how the acquisition goes.
The CEO – Henrik Svensson-at Spiffbet has commented on the case by saying that they look forward to being able to increase their profitability opportunities by getting through the acquisition of Manisol. The hope is that their intention to acquire will be approved by the necessary involved authorities in order to be able to close the deal as quickly as humanly possible.
More about Spiffbet itself
The gaming company Spiffbet AB is registered as a parent company within a group with the purpose of conducting developments of various technical gaming platforms, game distribution platforms, as well as the acquisition of online casinos and digital sportsbooks. Software is owned by the company in the form of intellectual property rights and the like.
The goal of Spiffbet has always been to cost - effectively and with as few resources as possible to maximize profitability both in the short and long term through opportunistic acquisitions of various gaming companies within the digital gaming market within New Zealand's borders as well as abroad.
Some of the gaming sites that Spiffbet AB actually operates under its umbrella company include Metal Casino, which they bought up in June 2020. The company also has its own gaming platforms in the form of Spiffbet Sports and Spiffbet Casino. These can then be licensed by gaming operators interested in being able to offer safe and profitable complete gaming solutions. At the same time, the gaming company also offers solutions for B2B of game productions.
Among other things, their game provider that they own – STHLMGAMING-develops high-quality games in the form of online slot games, which began in 2016 when the game developer was first formed. Their first game was released on October 25, 2017 and has since released a couple of dozen games until today.
Notable games in their list are Sunset, the Golden Chase, Boost it, Van Gogh, Stacks of Riches, and next month, on March 10, 2021, they will release Icarus Wilds. There, the player gets to take part in Flying Wilds symbols, sticky locked Wilds symbols, and with 243-1024 winning ways depending on how the playing field changes.