GAN Limited, one of the most powerful providers of software for real money, sportsbook, and simulated gaming sectors, has completed the takeover of Silverback Gaming. The acquisition of the brand based in Bulgaria and the United Kingdom is done under undisclosed conditions.
The newest decision will allow GAN to gain rights to all existing and future Silverback titles, and the company awaits to offer 50 special slots in the upcoming three years. The acquisition will strengthen GAN’s SuperRGS suite unveiled last month in the U.S. with a distinctive collection of online slots.
Silverback’s current suite of online slots will be available within GAN’s SuperRGS suite starting in 1H 2022. The Silverback attainment is yet another part of GAN’s idea to enhance the total ‘take rate’ on current B2B Gross Operator Revenue from iGaming. The brand also wants to increase its share of iGaming revenues from B2C brands.
Silverback is known for its award-winning slot portfolio including Aztec Luck and Mystery Stacks. Both of them are already available in European jurisdictions to more than 100 B2C brands. Silverback is focused on delivering brand-new, appealing, and mobile-optimized casino games with distinctive features, and cutting-edge elements. The firm has already received several accolades and was a candidate for the 2021 CasinoBeats Awards in the Studio Slot Debut section. It has also claimed its position in 2021 Gaming Intelligence Hot 50.
Commenting on the latest milestone, President & CEO of GAN, Dermot Smurfit, expressed his opinion:
“We are delighted to bring Silverback’s innovative slot content into GAN’s fast-growing portfolio of online slot games. Silverback has built its reputation in this industry as a leading slot design innovator and we welcome the team’s talent, including slot mathematicians and software engineers, which will be an invaluable long-term asset as we build upon our strategy of expanding our exclusive online slot games for distribution in the U.S.”
The company is very satisfied with the advance around their SuperRGS strategy and the latest announcement is another move forward in the strategic program.
More Info on the leading brand
GAN is a top B2B provider of web gambling software mainly to the US brick and mortar casinos. It also represents a leading provider of in-house sports betting solutions with top positions in European and LatAm jurisdictions. GAN has created an internet web software, GameSTACK, which serves casino brands as a turnkey technology product for real money gambling, sports, and simulated gaming.
“GAN Announces Acquisition of Silverback Gaming and Exclusive Rights to Distribute Silverback’s Portfolio of Casino Games”, investors.gan.com, December 9, 2021.
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