Casumo Purchases CasinoSecret

Well, it appears that betting firm Casumo can keep a secret, as they've come to terms on a deal that will see them purchasing the brand CasinoSecret. This deal is the first-ever acquisition for the group.

CasinoSecret is based out of Malta (where they hold a license), and was founded in 2018. The site has an attractive and simple design, and initially targeted the German market. Game software includes NetEnt, Microgaming, Thunderkick, Wazdan, and more. The deal sees Casumo gaining full control over the company after initially purchasing a 40% share in the group last year.

Commenting on the deal Casumo CEO Shelly Suter-Hadad said, "We have developed an ambitious and exciting collaboration with the team at CasinoSecret, which made the merger a clear next step from all perspectives. The acquisition will enable us to further leverage the strong synergies and shared direction of both businesses, while taking our group portfolio to the next level."

CasinoSecret CEO Nadir Ounissi added: "Our ongoing drive to deliver the best online casino experience through innovation and high local relevance fits Casumo's mission well. Together we now open new doors to shared expertise and exciting opportunities across the brands."

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