iGame Plus One Dreams Online Gambling Merger

Published Sunday, April 13, 2014 - Online-Casinos.com
iGame Plus One Dreams Online Gambling Merger

The internet is keeping us all on the edge when comes to keeping up on the latest technology in order to enable activities like online gambling. Companies that see the need to merge in order to compete in the ever changing landscape of internet betting are doing so with acceptable results.

Two firms iGame and Plus One Dreams have made the leap and decided to join forces in order to offer a  more competitive product line up. Both companies are licensed by the Malta regulatory body and have had a business relationship for a number of years. Both firms are Finnish-owned and will become one company under the iGame brand. iGame has been in business for 13 years and has a is a Scandinavian focused online casino, poker, and betting operation. The sites operated by iGame include 24hPoker.com, Casinohuone.com, Pokerihuone.com, Veikkaushuone.com and iGame.com. Plus One Dreams Ltd is licensed in  Malta and offers mobile online gambling from sites Kolikkopelit.com, Leijonaksino.com, Hertat.com  and Bohemiacasino.com.

iGame will acquire the majority of the shares outstanding in Plus One Dreams in a transaction that will be completed by May 15th 2014. The merger of the companies will see the retention of existing staff, with plans in the works for expansion and more recruitment during expansion.

The Chief Executive Officer of iGame, Robin Larsson, said, “The merger would enable the combined companies to undertake significant investments in the future in order to improve services & create a unique gaming experience.”

CEO Rikard Ljungman of Plus One Dreams, commented, "This is a dream merger for both parties. The two companies have known each other for many years and have a long lasting mutual respect and trust for each other. In addition, we complement each other extremely well in sector knowledge, market position and company values. We have the best possible foundation to complete a successful merger and continue on the growth path as a combined entity.”

 

Related news

Return to Latest News