You can find out more about Relax Gaming by reading our Relax Gaming software page. Relax Gaming also delivers games through its Silver Bullet platform, allowing up-and-coming developers such as Dice Lab, 4ThePlayer and Northern Lights to break into the European casino market. It has created several popular video slots including Money Train, Snake Arena, Temple Tumble, Kluster Krystals Megaclusters and Ramses’ Revenge, as well as online bingo and poker platforms. Relax Gaming is an award-winning software supplier that was founded in 2010 by Jani Tekoniemi and Patrik Osteraker. The company launched Unibet soon after, and now owns 9 of the most successful online gambling brands in Europe, including 32Red, and Maria Casino. Kindred Group was founded by Anders Storm in 1997 in a bid to change the way that people gamble and “ offer them an experience suited to the modern digital world”. Relax Gaming’s Chairman and Co-Founder, Patrik Osteraker says that his company’s “ continued independence is a key element of the transaction” and that he will remain on Relax Gaming’s executive board after the acquisition has been completed. It will retain its current portfolio of games and continue to fulfill its overall strategy. While Relax Gaming will soon be officially owned by Kindred Group, it will continue to design games as a separate B2B company. Does this mean that Relax Gaming will no longer exist? The company has already purchased the other 33.4% and has been investing in Relax Gaming since 2013. How much is the deal worth?Īccording to a press release that was recently issued by Kindred Group, it is set to acquire the 66.6% shares that remain available to purchase at a cost of up to EUR 320m. Two major names in the online gambling industry are set to permanently join forces this year after Kindred Group signed an agreement to buy the outstanding shares in Relax Gaming. Kindred acquires Relax Gaming to strengthen its focus on product differentiation and customer experience Markets Insider VALLETTA, Malta, J/PRNewswire/ - Kindred Group has. Kindred Group completes the acquisition of Relax Gaming Fri, 01 Oct, 2021 13:30 CET Kindred Group has on 1 October 2021 completed the previously announced acquisition of the remaining outstanding shares in Relax Gaming, a leading and rapidly growing B2B iGaming supplier. The deal will allow Relax Gaming to accelerate the expansion of its B2B offering around the world, while Kindred Group brands will benefit from the software developer’s full product portfolio. J3,543 Views Mark Patrickson Kindred Group, formally known as Unibet Group, has singled its intent to make waves in the US market after signing an agreement to fully take over its. The company behind famous gambling names like Unibet and 32Red has arranged to purchase the remaining shares in Relax Gaming.
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