Switzerland: Stadtcasino Baden Gruppe takes over Gamanza

Switzerland: Stadtcasino Baden Gruppe takes over Gamanza

Article brief provided by G3 Newswire
  • Phil, G3 Newswire
May 5, 2021 5:30 AM
  • Phil, G3 Newswire

The Gamanza Group AG, which is jointly owned by Magnus Lindberg and Grand Casino Baden AG, will be split up: The two 50 per cent shareholders will each take over two business areas and develop them for their specific target groups. The transaction strengthens both focus and market opportunities.

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Stadtcasino Baden Group already holds 50 per cent of the shares in the Gamanza Group via Grand Casino Baden AG, which was founded by the Swedish iGaming entrepreneur Magnus Lindberg.

The group develops and sells software that forms the technological basis for operating an online casino. This includes the platform (“Player Account Management System”), which manages the accounts of online players.