Vera&John Continues Growth Ahead of Acquisition
The online casino, Vera&John, continues to grow ahead of its acquisition by the Canadian Intertain Group. Vera&John have recently expanded their content offering by reaching deals with both Quickspin and Leander Games, which will substantially increase the size of its games suite.
Quickspin and Leander Games for Vera&John
Vera&John have recently reached an agreement with Quickspin. The casino will offer the entire range of the current Quickspin games available, along with any future games that are added. The first of the Quickspin games that will be added to the casino will already be available before the end of the year.
Kristel Tonna, the head of gaming at Vera&John, said: "We are happy to announce this partnership with Quickspin. They will, with their innovative approach to game design and development, be a perfect supplement in our casino. I am very pleased to be able to offer their games to our players."
Vera&John has already had Leander's LeGa games platform integrated into its casino site. In addition to giving Vera&John access to the LeGa's open games platform, there are another 25 third party games suppliers that are connected to LeGa. This means that the online casino will have access to content from both LeGa and its third parties, which includes Core Gaming, and The Games Company.
Steven Matsell, the Leander Chief Executive, commented on the content deal: "We're delighted to reach an agreement with Vera&John whose growth and ongoing success places them as a leading online casino. Their decision to select some of our most innovative games is an excellent reflection on both parties' ambition in the market."
Intertain Group's Acquisition of Vera&John
While the acquisition has not yet taken place, Canada's Intertain Group Limited entered a letter of intent to acquire Dumarca Holdings Limited, the parent company of Vera&John. The letter of intent was announced in October 2014. The acquisition is set to take place after an initial payment of 44.5 million in cash in addition to 36.6 million in common shares is paid.
It is expected that the acquisition will go through by the end of December 2014 after paperwork and the completion of satisfactory due diligence has taken place.
Vera&John is a Nordic-facing casino group that offers more than 800 games to a customer based of about 490,000. The casino has around 10,000 deposits make per day, and is being acquired on a debt-free basis.
Intertain offers various gaming platforms via a number of brands including InterCasino, InterPoker, and Costa.
