Greentube, part of Novomatic Interactive, has confirmed to CasinoBeats that it has sold Netherlands-based game studio StakeLogic to a financial investor for an undisclosed amount.
StakeLogic was established by Greentube in early 2015, with a remit to develop a range of eye-catching multi-channel slot titles.
The vast Novomatic stand at ICE has subsequently been host to a series of high-profile celebrity-themed Stakelogic game launches, for the slots Football Gladiators, Darts Heroes and, earlier this year, Hardwell.
No one was available for comment at Stakelogic but the company is no longer listed among Greentube subsidiaries on the company’s website. Similarly, there is no mention of Novomatic or Greentube on the Stakelogic site.
The news follows the sale earlier this year of Extreme Live Gaming to Malta-based gaming company Pragmatic Play for an undisclosed sum.
Stakelogic has also appointed a new CEO, with Stephan van den Oetelaar (pictured) bringing more than 25 years of IT experience to the role.
“It is an honour for me to be heading Stakelogic, growing its business in the dynamic world of online gaming,” said Van den Oetelaar. “In the coming years we will continue to provide top-class casino games, as a B2B provider, to our clients.
“As before, our games will range from global to hyper local. For the years ahead, we will be fully focussed on growing the business of our clients. We will focus on what we do best: making games that people want to play.”