Glitnor Group has signed a Share Purchase Agreement (SPA) to acquire OneCasino, a prominent multinational igaming operator active in regulated markets including the Netherlands, Spain, and Denmark, with plans to enter the German market pending final license approval.
This acquisition will expand Glitnor Group’s financial scale and geographical presence across more than eight regulated jurisdictions in Europe. The combined operations are projected to deliver substantial commercial, operational, and technological synergies, supporting accelerated growth and profitability. On a pro forma basis, revenue for the consolidated entities is expected to exceed €150 million in 2024.
OneCasino’s proprietary technology stack and in-house game studio offer localized and customized content, enhancing player engagement and aligning well with Glitnor’s existing game studio and platform management capabilities. The transaction, expected to close in the first half of 2025, remains subject to regulatory approvals from the relevant gaming authorities.
Richard Brown, CEO of Glitnor, said: “We are tremendously excited to welcome OneCasino and its team into the Glitnor Group. The transaction accelerates our long-term vision to become a leader across high-value, regulated markets in the iGaming industry. The hugely complementary geographical profile and high-quality product OneCasino have rapidly expands both companies’ short- and long-term addressable market. Mark and the team at OneCasino have built a fantastic company over the last years, creating a great product and working in a range of competitive regulated markets and have a proven track record of success. We are very excited to combine the two companies’ offerings and accelerate our growth potential.”
Mark Schram, CEO of OneCasino, said: “We’re incredibly proud of what the OneCasino team has accomplished over the years. Joining forces with the Glitnor Group marks an exciting new chapter for us as we continue to grow and expand into new markets. The shared vision and synergies between both companies make this merger a perfect fit, allowing us to further enhance our proprietary technology and product offerings while continuing to focus on providing exceptional gaming experiences to our customers. At the core of our business we always ensure that players can enjoy our platform in a safe and responsible manner. Together, OneCasino and Glitnor are sure to become a leading force in the regulated iGaming space, and I look forward to the exciting opportunities ahead.”
