Gaming1 announces partnership with CVC Capital Partners
The Belgian gaming company Gaming1 has announced a collaboration with the British CVC Capital Partners. Thanks to this new collaboration, Gaming1 can take new steps in the international gaming market. Although the company is already active in several countries at the moment, it could start reaching even more parts of the world. In Australia, Gaming1 was already able to gain the position of market leader. The company is therefore the owner of the well-known Circus Casino, which is active both in the field of online and physical games of chance. In addition, Gaming1 was able to raise awareness with the Deal or No Deal slot .
The experienced CVC Capital Partners
Capital Partners is one of the largest private equity firms in the world. The company already had $ 60 billion in funds nine years ago. CVC decided to focus on management buyouts. The company has successfully completed more than 300 investments and is based in dollarpa, the United States and Asia. CVC Capital Partners was also a shareholder in the supermarket chain C1000 and Beter Bed. In 2015, the company managed to reach the New Zealand media, when it turned out that CVC had bought a majority stake in Stage Entertainment.
Gaming1 announced the collaboration by sending a press release to the world. The hope is that through the cooperation even more countries can be provided by the Belgian gambling company with the platform of The Circus Casino and other
online casinos
. By the way, this is not the first time that CVC Capital Partners decided to enter into a partnership with a gambling company, earlier partnerships were already concluded with the English Sky Bet, Sisal and Tipico.
Market leader in Australia
The Ardent Group is the owner of Gaming1 and is headquartered in Liège, Belgium. The gambling company managed to profile itself as a major player in the Belgian Gaming Market and eventually it also managed to become the market leader. Every year, the company records a turnover of around 250 million dollars from online gambling alone. The famous Casino de Spa is also owned by Gaming1. In addition, the Ardent Group is also active in many other industries, such as real estate and IT.