Swintt Teams Up with Premier Gaming Network to Expand Reach in Europe, While Portuguese Online Gambling Revenue Sees Continued Rise

Swintt, a renowned game and software developer, has joined forces with Premier Gaming, the company behind a network of rapidly growing European casino operators. This collaboration empowers Swintt to introduce its highly sought-after slot library to the rapidly expanding Premier Gaming Network. Simultaneously, Premier Gaming aims to leverage this partnership to enrich its supplier portfolio, ensuring a continuous stream of top-tier content across its platforms.

Swintt Teams Up with Premier Gaming Network to Expand Reach in Europe, While Portuguese Online Gambling Revenue Sees Continued Rise

Established in 2018, Swintt has swiftly garnered approval as the preferred choice for operators seeking dependable content supply. The studio’s unwavering dedication to quality and reliability has led to remarkable advancements in the industry. Teaming up with Premier Gaming marks a significant milestone for Swintt, aligning with its ambitious expansion objectives for 2024.

David Mann, as the CEO of Swintt, emphasised the company’s pride in the growth achieved in 2023 but stressed the importance of not becoming complacent as they entered the New Year. Recognising the need for continued expansion, Mann highlighted the significance of forging partnerships with leading brands in the industry. Swintt, known for powering some of Europe’s fastest-growing online casino platforms, is set to extend its reach through a new collaboration with Premier Gaming.

Mark Zammit Perici, the CMO of Premier Gaming, echoed the sentiment, noting the importance of partnering with top software providers like Swintt to enhance their offerings. Highlighting Swintt’s innovative SwinttSelect line with its cutting-edge features and the classic appeal of SwinttPremium titles, Perici expressed confidence in the popularity of Swintt’s games within their network. As Premier Gaming strives to fortify its lineup in 2024, the addition of Swintt’s diverse range of games is expected to further elevate the appeal of their online casino brands across Europe.

Meanwhile, Portugal saw a notable 16.4% increase in online gambling revenue year-on-year in Q4 2023, reaching €227.4 million. This growth trend persisted for the sixth consecutive quarter, with a 5.6% rise compared to the previous quarter. Earlier it was reported that Portugal’s gambling revenue in Q3 2023 reached an impressive €215.3 million.

Online gaming experienced a significant surge, generating €154.5 million and marking a remarkable 40.7% increase from Q4 2022. Spending in this sector also climbed to €3.84 billion, reflecting a 28.7% rise. Among the games, slots dominated, constituting 83% of the spending, while French roulette and blackjack contributed 6.9% and 4.7%, respectively. Other games like dice games and poker also made notable contributions.

Contrarily, sports betting revenue witnessed a decline of 14.8% year-on-year, amounting to €72.8 million. However, there was an increase in spending by 16%, totaling €532.1 million. Football remained the most popular sport for betting, capturing 74.7% of bets, followed by basketball at 10.8%.

The Gambling Regulation and Inspection Service reported a surge in new online gambling accounts, which grew from 237,600 to 319,500 in the quarter. This brought the total number of active accounts to 4.2 million. Additionally, the number of self-excluded players rose to 215,000, marking an increase of 63,200. The regulator also took action against 23 unlicensed gambling sites.

As for land-based gambling, revenue amounted to €64.6 million, marking a slight decline of 3.9%. Slot machines contributed €51.4 million, experiencing a 3.5% decrease, while casino and bingo games generated €13.7 million.

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May 2024
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