Full-service online gambling platform provider Gaming1 has confirmed that it has entered a joint 50/50 venture with Portuguese gambling operator Estoril Sol (part of Stanley Ho Group).
The joint venture will see the launch of new licensed online casino EstorilSolCasinos.pt which will feature Gaming1 gaming content inventory for video slots, roulette and blackjack. Gaming1 governance confirmed that its development team would add more games to its new partner in the coming weeks.
Announcing the partnership Sylvain Boniver, CEO of GAMING1, commented:
“The creation of this joint venture demonstrates GAMING1’s strength as an all-round partner, not just a provider.
“We are passionate about partnering with land-based operators who want to put their business online, as this really is part of our DNA and what makes us stand out from the rest of the industry.
“Thanks to our partnership model, the Estoril Sol Group benefits from the extensive expertise and involvement of the entire GAMING1 team. It’s a very proud moment for us to launch the first licensed website to offer legal online casino in Portugal and together we hold all the aces to move forward in this exciting market.”
Vieira Coelho Executive Director for Estoril Sol, backed Boniver comments,stating
“We’ve been very impressed with GAMING1’s products and services and we’re really excited to be launching this joint venture with them. We like to enter into partnerships with companies and GAMING1 are the perfect partner for us to really target the Portuguese online casino market.”