Asia-facing online betting software group XIN Gaming has announced that they have purchased the Swedish betting firm Tain, who has established itself a sportsbetting software supplier.
The two groups had previously merged in 2013, but with Tain holding its independence in terms of ownership. XIN opted to purchase Tain to open up its gaming options throughout the world, as the sportsbetting platform will build trust in the XIN brand as well. In addition to sportsbetting, Tain also has a broad platform of third party titles that its operating partners use for caisno games.
Commenting on the deal XIN Gaming Managing Director Mathias Larsson said, "This is a milestone for XIN Gaming, as this acquisition moves us up to the next level within the sector. Tain is not just a very good platform, it is also one of the most established brands in the online market. This heritage is important as we believe it builds trust."
"Most suppliers out there only have their own platform, and their reliance on third-party providers means they can't offer competitive pricing to clients. However, Tain has a complete in-house offering and can therefore offer low prices to operators."
"Tain offers a very competitive in-house sportsbook, a strong portfolio of in-house casino games and a top-of-the-line payment gateway. Adding to any partner's own portfolio, Tain offers best-of-breed third-party content on its platform from providers such as NetEnt and Evolution."
"Tain will also now integrate slot games from XIN Gaming and Live Dealer from Asia Gaming, and make these available to European operators."