Greentube, the NOVOMATIC Interactive division, has received its Michigan state licence which will see the supplier further expand its footprint in the emerging US market.
The new supplier licence marks Greentube’s second in the US after making its long-awaited US entry in New Jersey last year. Greentube is now set to partner with operators in the Great Lake State where online gambling has been operational since January 2021.
Games from Greentube’s extensive portfolio including Diamond Cash™: Mighty Elephant, Diamond Cash™: Mighty Sevens and Diamond Cash™: Oasis Riches, as well as other titles developed specifically for US players will imminently be available in the market.
Recently released numbers by the Michigan Gaming Control Board showed that online casino gaming generated $1.1bn in revenue in the first year of operation while internet sports betting produced $292.2m, highlighting the great potential and opportunities for Greentube entering the state.
The US will be an important focus for Greentube over the next few years with the supplier also preparing future launches in Pennsylvania and Connecticut.
Michael Bauer, CFO/CGO at Greentube, said: “Gaining our second US licence is a milestone achievement for us and expanding into Michigan is an important step in our growth strategy in North America. The US market is one with huge potential and one that we will greatly focus on to position ourselves as a leading provider of online casino content that will appeal to local players. We look forward to partnering with operators in Michigan and to introduce our first-class content portfolio to a new audience.”
Michael Bauer, CFO/CGO at Greentube
The recognition of achieving this standard means that Videoslots and its associated brands have successfully met all the stringent international standards for its ISMS
Malta received heavy criticism when it introduced Bill 55, protecting locally licensed companies from foreign legal action for activities covered by their MGA licence. Here, we explore the arguments in favour of Bill 55 from the Malta-based iGaming ecosystem
The sale was made for €19.8 million to an undisclosed buyer or buyers
The Head of HR Commercial and Operations sits down with iGamingCapital to discuss the Group’s most valued resources, its employees