IGT Expands Spanish Footprint through New Orenes Grupo Deal
IGT has found another point for its gaming operations inward Spain. It proclaimed yesterday a young and sole(a) partnership with Orenes Grupo, a leading games electrical distributor inward the country.
IGT and Spain’s Orenes Grupo experience reached an correspondence that testament take into account IGT mental object and ironware to be accessed inwards the Spanish people “salones” sector. Salones refers to little gambling halls and bingo parlors.
IGT Europe Gaming, a subsidiary of IGT, reached the arrangement with the distributor. “Magic Fortune Link,” a multilevel progressive, is the first off production to collide with the marketplace as a resultant of the deal.
Spain’s Salones a Lucrative Market
The Spanish people salones sector has 3,000 bingo and gaming halls. These venues proffer a casino-like atmosphere, and their operators get modernized them in recent years to extend more innovative gaming solutions.
“Magic Fortune Link” features quatern themes, Hephaestus, Temple of Fire, Golden Secrets, and Dreams of Egypt. IGT adapted the games to specifically fulfil the requirements of Spanish people arcades.
IGT is well-positioned to attend to salones customers inwards Espana by supplying our market-attuned games through and through our exclusive distributor, Orenes Grupo,” said IGT SVP EMEA Gaming Saint Mark MacCombie.
These games tender players the chance to caper a incentive spunky that features hold up and gyrate tie mechanisms. There are quaternary levels of reformist prizes available to the players, including the highest awards.
Jose Quereda, Orenes Grupo’s Director of Sales and Distribution, added that “‘Magic Fortune Link’ [engages] Spanish people players with its entertaining, regionally-attuned biz mechanics.” He’s surefooted that IGT testament present a keep down of “high-performance” installations at the gambling halls across the country.
Spain’s Gaming Leaders Build Strength
The improver of IGT’s products is a handsome stair frontwards for Orenes Grupo, which has been strengthening its position inward the market. Last November, Grupo Orenes and R. Francisco Franco merged to transmute Spanish people gambling.
This merger created the largest manufacturing business and distributer of gaming machines inward the country. There were also changes inward the online gaming trading operations of both companies as a resultant of this partnership.
The II stated that the merger was necessary to permit the heritage firms to live on any changes inward Spain’s gambling market. Current federal laws governing land-based gaming venues are undergoing a few modifications.
Brothers Joaquin El Caudillo Munoz and Christ General Franco Munoz founded R El Caudillo inward 1965. Orenes Grupo, a verbatim competitor to El Caudillo until the merger, is a full-catalog manufacturing business of all land-based gambling casino simple machine components and systems. The keep company also owns a managed-services segment for amusement and gaming venues. Both have got been competing for securities industry portion out since 1968.
Franco and Orenes confirmed their merger past announcing that they would relaunch a strategy for internationalization to place fast-growth opportunities Latin American jurisdictions. Orenes Grupo has casinos inward the Mexican states of Chihuahua and Queretaro.