Tain, the gaming services company, is aiming for further growth in Eastern Europe after securing a license to operate in Romania.
Malta.- After receiving a Class 2 licence from the Romanian National Gambling Office (ONJN), Tain, the Malta-based gaming services company, is focusing on further growth in Eastern Europe. Thanks to the new license, Tain will now be able to supply its platform to all online gaming operators in the recently-regulated market.
The Romanian license is the first Tain has acquired in Eastern Europe and comes as part of a wider strategy of targeting expansion in the region’s regulated markets, said Mathias Larsson, chief executive of XIN Gaming, Tain’s owner.
“We are delighted to take this first step into one of the regulated markets within the Eastern European region,” said Larsson. “We have customers that are already operational in Romania, and there are many others that have shown interest in working with us. As we are already integrated with all premium content providers that hold a licence in Romania, Tain is now the perfect choice for operators wanting to enter the market. Tain has a well-defined and ambitious strategy that has identified the potential of the Eastern European region, and we hope to announce soon the attainment of further licences. We expect Hungary to be the next market that we enter.”
The license award came within the month after the announcement that Tain had been acquired by XIN Gaming, the Asia-facing games developer, in a €9.0 million transaction.
“We have made a lot of progress in the short period of time since acquiring Tain,” Larsson added. “Tain has a long heritage, but we are on the verge of a dynamic and exciting new era for the company.”