comeon | The Malta Business Weekly https://maltabusinessweekly.com A New Voice for Business in Malta Mon, 02 Sep 2019 07:33:15 +0000 en-GB hourly 1 https://wordpress.org/?v=5.8 https://maltabusinessweekly.com/wp-content/uploads/2020/04/bw-favicon.svg comeon | The Malta Business Weekly https://maltabusinessweekly.com 32 32 159130352 ComeOn leaves UK market 59 days prior to Brexit deadline https://maltabusinessweekly.com/comeon-leaves-uk-market-59-days-prior-to-brexit-deadline/5624/ Mon, 02 Sep 2019 07:32:43 +0000 https://maltabusinessweekly.com/?p=5624 Just 59 days prior to UK Prime Minister Boris Johnson’s hard Brexit deadline, online mobile gaming firm ComeOn vows to exit the United Kingdom to focus on “more favourable” markets.

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]]> Online mobile gaming firm ComeOn is exiting the United Kingdom to focus on “more favourable” markets, according to a press statement sent to Business Malta. The announcement comes 59 days before UK Prime Minister Boris Johnson’s hard Brexit deadline.

After abandoning the UK market, ComeOn will still hold licences in Malta, Sweden, Denmark and Schleswig-Holstein — Germany’s northernmost state —, as well as a sports betting licence in Poland.

Tagging the UK market as a “very mature” and “highly-competitive” one, ComeOn CEO Lahcene Merzoug says the industry is shaken by “financial risks” and “uncertainty”. Additionally, Mr Merzoug says the “UK-licence has lost its symbolic value”, which used to be a must-have for a firm to be considered as “credible”.

“Today we hold licences in many European countries and given that the United Kingdom has never been a big market for us, it is a wise move to put our focus elsewhere”, the CEO adds.

Although Mr Merzoug does not make mention of the lurking Brexit around the corner, uncertainty has spiked in many industries as pundits seem unable to put their fingers on what would happen to the United Kingdom post-Brexit.

ComeOn’s online gaming portfolio via mobile, tablet and computer includes brands primarily in casino and sports betting.

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]]> 5624 Playson provides portfolio for ComeOn! https://maltabusinessweekly.com/playson-provides-portfolio-for-comeon/1119/ Wed, 13 Feb 2019 13:33:37 +0000 https://maltabusinessweekly.com/?p=1119 Playson seals deal with ComeOn!, under which agreement Playson starts supplying its portfolio to the Malta-based casino operator by the end of January.

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]]> Playson signed a new partnership deal with ComeOn!, under which agreement Playson starts supplying its portfolio to the Malta-based casino operator by the end of January, according to a press statement published by Playson.

“ComeOn! is one of the biggest and most-loved casino brands in the iGaming industry. Here at Playson, we define this partnership as a strategic one, and a key step forward towards mutual growth,” says Ivan Farrugia, Managing Director of Playson.

“ComeOn! is an award-winning casino and sports betting company with many well-known brands under its belt, and we are thrilled to add Playson as a game provider. With Playson and their high-quality casino slots we expand our already great selection of games and are excited for our players to try them out hopefully love the slots as much as we do,” says Lahcene Merzoug, CEO of ComeOn!.

Playson became an official licensee of Maltese Gaming Authority in December 2018 (no. RN/101/2018).

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