Ibid Acquires Riverplay

Rename platform provider to Pragmatic Solutions

Investment firm IBID Group has bought a majority stake in gambling platform provider Riverplay for an undisclosed consideration.
The acquisition complements IBID's recent purchase of mobile and desktop casino games provider, Pragmatic Play and online payments company, Dalberry late last year.
IBID has renamed Riverplay Pragmatic Solutions.
David Barzilay, chief executive officer of IBID Group, said: "Pragmatic Solutions makes an excellent addition to our online portfolio. As a high-growth business, it fits wholeheartedly with our investment strategy. The management team shares our values of hunger and desire to shake up the industry and grab market share. We look forward to working with the management team to unlock value and expedite the company's growth."

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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