B90 Holdings Acquires Spinbookie to Expand into Emerging Markets

B90 Holdings has secured an agreement to purchase vital resources from Entercreation, encompassing the website address, enterprise, proprietary knowledge, and complete management of Spinbookie.com, a digital sports betting and gaming platform.

Spinbookie is a fully functional system developed upon BetConstruct’s gaming technology. It features a strong and authorized payment framework and functions under a Curacao gaming permit.

B90 plans to utilize Spinbookie to penetrate emerging territories that enhance its current activities, particularly broadening its presence into the South African market.

To finance this purchase and propel Spinbookie’s expansion, B90 procured £596,800 (roughly $791,419) via a focused share issuance. Numerous current stakeholders swiftly acquired nearly 5 million common shares at 12 pence per share.

The net income from this issuance will strengthen B90’s operating funds and sustain Spinbookie’s operational growth and introduction.

Karim Peer, Non-Executive Chair of B90, conveyed his excitement regarding the acquisition, remarking, “The procurement of Spinbookie continues to develop our ongoing expansion plan. We are confident this is a beneficial acquisition for the Company as it is projected to be instantly profit-generating, in addition to contributing a valuable new web address to our online portfolio.”

This exhilarating collaboration with Nordic Group unlocks a tremendous prospect for Spinbookie. The fusion of their expertise in these emerging sectors, coupled with our established consumer-centric strategy, ideally situates us for swift expansion and the introduction of Spinbookie to a fresh demographic.”