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Livespins Expands Market Reach with Malta Gaming Authority License

Posted on February 12, 2025 | 9:40 am
Livespins-levels-up-with-Malta-licence

Live-streaming casino game provider Livespins has achieved a major milestone by securing a supplier license from the Malta Gaming Authority (MGA). This approval enables Livespins to collaborate with MGA-licensed operators and expand its presence in multiple regulated markets.

Livespins has revolutionized the online casino industry with its Bet With Streamers game, an innovative model that merges live-streaming with interactive betting. Through this platform, players can watch streamers play top-tier slots while also placing bets alongside them, creating a shared betting experience with individual customization options.

The social aspect of Livespins is a key driver of its popularity. Players can communicate with streamers and fellow participants in real time using emojis, GIFs, and chat features, fostering a sense of community within the gaming experience. This interactive environment enhances player retention and strengthens brand loyalty for partner operators.

Michael Pedersen, Chief Commercial Officer at Livespins, emphasized the significance of the MGA approval, stating: “We are thrilled to have secured a supplier licence from the Malta Gaming Authority which is a testament to the quality of the product and experience we provide, and how it aligns with the regulator’s goals regarding responsible gambling.”

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Evolution’s Acquisition of Livespins Strengthens Its Portfolio

In 2024, Livespins was acquired by Evolution, a leading name in live dealer gaming, through its subsidiary Evolution Malta Holding. The initial transaction was valued at 5 million euros, with an additional earn-out agreement based on Livespins’ financial performance through 2026.

This acquisition is part of Evolution’s broader “Product Leap” strategy, designed to diversify and enhance its gaming portfolio with new interactive elements. Livespins continues to operate as an independent brand within Evolution Group, joining an impressive lineup that includes NetEnt, Red Tiger, Ezugi, Big Time Gaming, No Limit City, and DigiWheel.

With the Malta license secured, Livespins is poised to strengthen its position in the iGaming market by forging new operator partnerships and expanding its global footprint. The integration of social gaming within online casinos continues to attract players seeking more engaging and community-driven gaming experiences, setting the stage for further growth and innovation.

Source:

“Livespins levels up with Malta licence“, europeangaming.eu, February 10, 2025.

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