R. Franco buys part of Mediatech Solutions

Both companies aim to produce the best international portfolio of virtual gambling offerings.

Spain.- R. Franco Group –leading manufacturer of land-based casino products– invested in Mediatech Solutions’ platform to polish its posture on the online gaming industry, through omni-channel services.

“This new joint team has already displayed its ability to innovate in the online space, and it is now extremely well positioned for omni-channel expansion in Spain, Europe, Latin America and Asia,” expressed Jessica Ordovas, CEO and founder of Mediatech Solutions. Furthermore, she commented on how exciting it is for them to work with a distinguished brand such as R. Franco, especially because of their experience in omni-channel products.

The agreement also includes a majority stake in Mediatech Solutions by R. Franco and the integration on its IRIS platform featuring more than 1,500 games. The online provider will keep their management control in the main office in Madrid. Mediatech will also have other offices placed in Belgrade and Kuala Lumpur as proof of the immediate impact in online and land-based markets.

Pedro Melendo, R. Franco Group’s CEO, concluded: “The acquisition of Mediatech Solutions provides us with a market-leading online platform and the opportunity to further expand the Group’s digital footprint. The Spanish market will be transforming due to regulatory changes in the next few years and Franco’s ambition is to remain market leaders.”