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SportingWin opens €1m funding round

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Operator seeking investment ahead of its imminent launch in Bulgaria where it plans to become the second largest brand in the market

SportingWin, the fast-growing online sports betting brand, is actively seeking investment ahead of its imminent launch in the regulated Bulgarian market.

The Malta-licensed operator is offering up to €1m in equity for investors keen to leverage the huge potential it sees for the business in regulated markets across Eastern Europe.

The investment will be used to ensure that SportingWin is well capitalised and that it can build out the required infrastructure in Bulgaria to deliver a superior player experience.

SportingWin has identified Bulgaria as being the most significant market in the region and believes it will increase from a market value of €300m per year to €500m per year over the next five years.

The operator is in the final stages of securing its licence from the National Revenue Agency and will become only the fifth licensee in the market when it goes live.

On entering the market, SportingWin believes it will quickly become the second largest brand thanks to its cutting-edge proprietary platform and marketing leading customer support.

SportingWin, which is part of the Sporting Group, will also be the first to launch an exchange betting product in the market through the Betfair Exchange.

In a recent report, Nielsen valued SportingWin brand equity in Bulgaria at €1m.

Mark Chakravarti, Head of Investment and Board Director at SportingWin, said: “In SportingWin we have a brand, platform and product that has everything it needs to succeed in Bulgaria and beyond.

“We are seeking investment as we want to make sure that we are well capitalised and can deploy our expansion plans efficiently and effectively.

“We see huge potential in Bulgaria and other regulated markets we have lined up for launch and believe we will be able to deliver a 13x cash-on-cash return to our shareholders within three years.

“We have already had considerable interest in our funding round, and I look forward to speaking with potential investors keen to share in what will be a hugely successful journey for SportingWin.”

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1spin4win goes live on Stake.mx to extend its presence in Mexico

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1spin4win, an established slot provider, brings its portfolio to Stake.mx. Following the operator’s recent launch in Mexico, the deal marks an important step in the studio’s expansion across Latin American markets.By partnering with one of the world’s largest online casino and sportsbook operators, through Stake.mx, 1spin4win further reinforces its position in Latin America, one of the provider’s key strategic directions. The collaboration follows the studio’s strong regional progress in 2025, when bet count increased by 31.32% and player count surged by 120% compared to 2024. 

Mexico has become an important part of this momentum. In 2025, 1spin4win’s bet count in the country tripled year-on-year, while GGR grew by 2.9x compared to 2024. Against this backdrop, and following the operator’s official launch in Mexico, joining forces with Stake.mx marks a significant step for the provider in one of Latin America’s largest iGaming markets.

Through the agreement, 1spin4win’s portfolio of over 200 classic online slots will become available to the brand’s audience in the country. The lineup features timeless fruit titles, coin-based games, seasonal content, and themed adventures.

This will also include the upcoming sports-themed release Lucky Goal Hold and Win, created to reflect the spirit of the 2026 football campaign. With its relevant concept and Hold and Win mechanics already ranking among the market’s top-performing formats, the title is expected to resonate strongly with local players.

Jaime Carvajal, Business Development Manager at 1spin4win, “We are pleased to go live on Stake.mx as we continue growing in Mexico. This collaboration allows us to introduce more players to our classic slot portfolio, built around fast loading, stable performance, and simple 

access across devices.”

About 1spin4win

1spin4win is an established game provider founded in May 2021 by ambitious developers with over 15 years of experience in the gambling industry. Since its inception, the company has expanded its portfolio to include over 200 classic online slots, all characterized by quality mathematics, transparent mechanics, and well-balanced gameplay — key factors that drive strong player retention. The studio aims to release an average of four new games each month in 2026 and offers effective promotional tools for casino operators to help them enhance player loyalty.

About Stake

Stake is the world’s largest online casino and sportsbook, attracting over 100 million monthly visits across its global domains and processing more than 100 billion bets per year. Founded in 2017, Stake has grown into a globally recognised platform built on innovation, world-class partnerships, pioneering crypto wagering and a deep connection with its global community. Stake is renowned for its growing expansion into regulated local-currency markets, including Italy, Denmark, Mexico, Brazil, Colombia, Peru and Argentina. The brand maintains an extensive global sponsorship portfolio spanning music, sport and culture, with partners including Drake, X Games, Everton Football Club and the UFC.

For more information, visit stake.com.

1spin4win goes live on Stake.mx to grow its footprint in Mexico

We’re excited to announce that the 1spin4win portfolio is now available to players in Mexico through Stake.mx, part of one of the world’s largest online casino and sportsbook operators. Following the brand’s recent official launch in the country, this collaboration marks a significant step in our continued expansion across Latin America.

Our efforts in the region translated into strong results in 2025. Over the year, 1spin4win achieved a 31.32% increase in bet count and a 120% surge in player count compared to 2024. Mexico has become an essential part of this growth. In 2025, our bet count in the country tripled year-on-year, while GGR rose 2.9x.

Through the deal with Stake.mx, players will gain access to over 200 1spin4win classic online slots, featuring timeless fruit titles, coin-based games, seasonal content, and themed adventures.

The lineup will also include Lucky Goal Hold and Win. Launching on June 11, this sports-themed release captures the spirit of the 2026 football campaign. Given its current relevance and Hold and Win’s ranking among the top-performing mechanics in Mexico, we expect the slot to appeal strongly to local players.

Jaime Carvajal, Business Development Manager at 1spin4win, “We are pleased to partner with Stake.mx as we continue growing in Mexico. This collaboration allows us to introduce more players to our classic slot portfolio, built around fast loading, stable performance, and simple access across devices.”

The post 1spin4win goes live on Stake.mx to extend its presence in Mexico appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Gaming Realms expands into three African markets via SportyBet partnership

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Gaming Realms, the originator of the distinctive Slingo format, has expanded its presence in Africa by partnering with SportyBet in Nigeria, Kenya, and Ghana, only weeks following its market launch in South Africa.

Players in the area of the top operator can now explore a wide range of Slingo games, featuring popular titles like Slingo Sweet Bonanza, Slingo Day of the Dab, and Slingo Xxxtreme. The legendary product has demonstrated widespread attraction worldwide, delivering a distinct experience that fuses the thrill of slots with tactical elements.

The operator belongs to Sporty Group, a global media and entertainment firm that possesses licenses to provide betting and online casino offerings in various regulated African areas.

Entering the three newly regulated markets marks a significant accomplishment for Gaming Realms, with Africa being a crucial growth region for the provider that has quickly expanded its footprint in Europe and North America in the past year. The newest expansion comes after a recent market launch in South Africa, with the company planning to grow further in the African region soon.

Laura Norton, Account Manager at Gaming Realms, said: “Entering three new African markets at once together with SportyBet is a fantastic achievement for the Gaming Realms team.

“We are encouraged by the initial performance and are confident our unique content is appealing to SportyBet’s local customers and look forward to a successful partnership.”

Joey Hurtado, Director of Casino at SportyBet, said: “Being the first operator to introduce Gaming Realms’ content in three of our core African markets is a real coup.

“Their product offering provides something truly different and this collaboration helps us deliver on our promise to offer our customers a best-in-class entertainment experience.”

The post Gaming Realms expands into three African markets via SportyBet partnership appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Greentube partners with World Sports Betting to expand in South Africa

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Deal follows Greentube’s spring 2025 market entry and brings Book of Ra and other slots to the operator’s casino lobby.

Greentube has signed a content partnership with South African operator World Sports Betting, extending its distribution in the country following its market entry in spring 2025.

Under the agreement, World Sports Betting will roll out a selection of Greentube titles, mixing new releases with established land-based games. Initial launches include Queen Cleopatra and 25 Red Hot 7 Clover Link.

The wider lineup named in the announcement includes Book of Ra, Lucky Lady’s Charm and Sizzling Hot. Greentube said the content package has been tailored for South Africa.

Razvan Glodea, Sales and Key Account Manager at Greentube, said: “We’ve been working hard to bring our games live with such an important brand in the South African market, and we’re excited to make our portfolio accessible to even more players.

“With our iconic titles that players already know and love, we’re confident in gaining strong engagement alongside World Sports Betting. We’re also looking forward to delivering great results, supported by a range of exciting promotional activities planned for players very soon.”

Ryno Du Plessis at World Sports Betting, added: “Greentube’s portfolio features some of the most recognisable titles in the industry, and we’re delighted to bring these games to our players.

“This partnership allows us to further strengthen our casino offering with content that has a proven track record, while also introducing exciting new games tailored to our audience.”

The post Greentube partners with World Sports Betting to expand in South Africa appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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