In a bid to “secure its business flows” in what is currently a tense international climate, the global poker software developer Connective Games has made a strategic review of its business operations worldwide.
Consequently, the firm has decided it will close its studio in Russia and withdraw from the country.
In a statement confirming the closure, Connective Games said that withdrawal from Russia had not been an easy decision due to its roots in the country. The company’s first development studio was launched in Russia, it noted. But it is no longer sustainable nor viable in the current environment.
Distancing itself further, the company said: “Connective Games has always been Asian, LatAm and European focused and never targeted the Russian market.”
It added: “The closure of the studio is the company’s strategic decision that was made a while ago and has been propelled by the current environment. In its turn, new geography allows maintaining better logistics, strengthening the company’s presence in targeted jurisdictions and minimizing possible business risks.”
Headquartered in Malta, the company has earlier announced new office openings across Europe and the Middle East, including those in Serbia, Turkey and Armenia, from where it will continue to deliver online poker game and platform solutions to the global igaming market.
In conclusion, the firm said: “Connective Games has always been targeting Asian, LatAm and European markets, all of which have enormous potential for our business.
“These are jurisdictions we already have strong partners in and we hope to expand even deeper into with our new and existing products.”