Online casino games and software developer Red Tiger has secured the latest stage of its global expansion after inking a “significant” distribution deal with bet365.
The commercial tie-up will ensure that the online gambling firm, which last month renewed an ongoing partnership with Gaming Innovation Group, bolsters its igaming output via the supplier’s slots suite.
This will see bet365 offer players Red Tiger titles including Gonzo’s Quest Megaways, Piggy Riches Megaways, Dynamite Riches and Dragon’s Fire.
Johan Nordstrom, chief executive officer Malta and chief commercial officer at Evolution, noted that the agreement was a significant commercial achievement for Red Tiger, which was acquired by Evolution Group in December 2020.
This came as Evolution took its total shareholding in NetEnt to approximately 96.8 per cent of the outstanding shares and 98.6 per cent of votes, upon expiry of the extended acceptance period for the offer.
The new company, operating as a single organisation under the Evolution banner following a corporate brand change in early October, will continue to offer products under the four brands of Evolution, Ezugi, NetEnt and Red Tiger.
In June 2020, NetEnt accepted an SEK 19.6bn (€1.8bn) acquisition offer put forward by Evolution Gaming, meaning Evolution would acquire 90 per cent of NetEnt’s corporate shareholding at SEK 79.93 (€7) per share.
Nordstrom added: “Given the scale of bet365’s global operations, this is an important and exciting partnership for Red Tiger. The team has earned a well-deserved reputation for consistent quality that has been recognised by bet365 and there are some excellent new games in the production pipeline which will only add to that.”