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Greavestrend Ltd Acquires RTG Online Casinos

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These days mergers and acquisitions are as commonplace in the online gambling industry as online casino bonuses, and most recently Greavestrend Ltd, which owns and operates Jackpot Capital has gone casino shopping.

The Cyprus-based online gambling firm has topped up its online casino cupboard with three more RTG-powered casinos – Lucky Club Slots, Lucky Club Casino and Grande Vegas Casino, as well as their respective affiliate programs.

The move by Greavestrend Ltd to acquire its smaller rivals is thought to have a come at a time when there is speculation that the U.S. government may soon reverse its online gambling ban and opt instead to legalise and regulate its industry.

This would open the floodgates for offshore online gambling firms, including Greavestrend Ltd which is already accepting U.S. players, because RTG (Real Time Gaming) is a software firm only too happy to accept American players.

But with it latest acquisitions, Greavestrend will be in an even better position to tap into the lucrative American online gambling market because it has more online properties to attract players when the U.S. online gambling ban is revoked.

Said a Grand Vegas spokesperson, ‘While not an easy decision to sell, Greavestrend’s payment processing is strong, their support impeccable, and they maintain excellent affiliate relations. Our players and affiliates are in good hands.’

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