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Jadestone Group Expands Holdings

The Jadestone group has announced that they recently acquired a controlling interest in the fast-growing GamArena Ab. The online casino industry is huge in Europe, and the spin off option, online skill games are also quickly rising in popularity – which means that GamArena Ab boasted an extremely profitable first year. Both companies, Jadestone and GamArena Ab are focused on the internet skill game industry rather than online casinos, and both companies show that this subsection of internet gaming can be just as profitable as the gambling sector.

Jadestone is a Swedish company that was one of the first in the industry to handle distribution of online casino skill games to both media companies and gaming operations. Then just last year GamArena was created as a spin-off company to also provide the growing industry with online skill games. Specifically, GamArena focused on pooling together and networking players from all across Europe. Just like the online casinos Web sites can offer services to players in multiple countries, the GamArena network provides those services for the skill gaming industry.

As the software distributor, the companies merely provide the skill games to the gaming sites, at that point online casino companies like Bwin, PAF, Corelio, and more can then brand the games and handle marketing.

Robert Henrysson is the CEO for Jadestone, and he commented on the new partnership with GamArena Ab: GamArena Ab has had a great first year. The company's rapidly growing partner base gives us a strong coverage of the European market. With these partners, we are sure to be able to reach the broad European games audience with our online games - both via GamArena and via new initiatives.”

He continues, “We're investing in a state-of-the-art games platform, which can be fed with great games and community features. These immediately reach gamers in Europe through the most recognised games and media brands around. That's a great basis for further growth. We are already building new, complementary gaming experiences to offer our partners and players. These will include games both from Jadestone's own studio and from other great [online casino] game developers and publishers across the world.”