Novomatic subsidiary Greentube has announced that they've signed a deal with casino group Il Palazzo and will now be entering the Paraguay gaming market as a result.
The deal gives Il Palazzo access to the developer's games, and the titles are now being integrated into the company's online betting site. Famous titles like Almighty Jackpots- Realm of Poseidon, Mega Joker, and Book of Ra Deluxe are all included in the deal. Paraguay is a burgeoning online market, as is the South American and Latin American markets due to punters getting access to high speed internet connections.
Commenting on the deal Greentube CFO Michael Bauer said, "Il Palazzo's local knowledge and strong brand makes them an ideal partner to help us build our presence in Paraguay. We are excited to bring our games portfolio to online players after our land-based content has proven so successful. This partnership is an important step in our South American growth strategy and we see huge opportunity in the Paraguayan market, which is at the doorstep of Argentina and Brazil, the region's two biggest economies and potential future markets for Greentube."
Il Palazzo Managing Partner Raymundo Aquino added: "Greentube's games portfolio includes premium games with a land-based heritage and is loved by players around the globe, and we are thrilled to be the first operator in Paraguay to offer their content to our customers. Together with Greentube, we expect to significantly grow our online business and further establish our position as a leading operator in the market."