SOURCE: Spiral Solutions Ltd.

Spiral Solutions Ltd.

January 26, 2011 05:00 ET

Spiral Solutions Announces First Managed Services Client in the Regulated Italian Market

Spiral Solutions to Offer a Boutique B2B Solution for the Italian eGaming Market Utilising Nexigames' License

LONDON--(Marketwire - January 26, 2011) - Spiral Solutions Ltd., a leading provider of managed eGaming services, has announced a deal to launch its first client in the newly-regulated Italian market. Nexigames Ltd, a holder of a Class 1 Gaming License granted by the LGA (Lotteries and Gaming Authority) Malta, and a leading eGaming company operating successful brands such as Wild Jack and Wild Jack Mobile Casino, will be the first client to utilise Spiral Solutions' expertise and advanced services to offer online and mobile games in Italy through its new Gioca Casino brand.

Spiral Solutions will support Nexigames with a complete suite of advanced eGaming services from acquisition through to retention and support. Spiral Solutions will also provide a consulting package that includes regulatory guidance, business plan modelling, financial and risk management. Gioca Casino will be the Italian brand operating on Nexigames' AAMS licence, which it expects to successfully secure once the AAMS application process opens.

Spiral Solutions and Nexigames will also work together to provide a B2B solution specifically designed for the Italian market -- making Spiral Solutions' unique services and Nexigames' soon-to-be-secured AAMS licenced platform available for branded partners across online and mobile.

"There are lots of people watching Italy very closely, with analyst house Research and Markets estimating that the remote gaming market was worth more than EUR 4 billion in 2010," said Matti Zinder, head of Spiral Solutions. "It's a really exciting time for the market and this is a very significant deal. We have applied our international knowledge and experience from newly regulated markets such as France, to break new ground in the quickly developing Italian market. Italy is a new frontier for a lot of gaming companies, and while it is vital to seize the early initiative, it is more important that companies enter the market in the right way. We are uniquely placed to help Gioca Casino and other brands launch and establish themselves in the market, not only online, but also in the mobile eGaming industry through our specialist award-winning mobile division Spin³. We are sure Italian consumers will enjoy the experience -- we can't wait to see their reaction."

Commenting on the new deal, industry commentator and partner at law-firm Sinisi Ceschini Mancini, Quirino Mancini, said, "The Italian market is Europe's leading light for eGaming. It is growing into a progressive and sustainable industry. Italy has pioneered regulatory change and as a result, over the last five years it attracted most online gaming top operators. However there still is room in the local market for those operators offering innovative solutions as well as original and ever more entertaining games and in this regard Nexigames appears well placed to tick all appropriate boxes."

About Spiral Solutions (www.spiralsolutions.com):
Spiral Solutions is an international eGaming management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all eGaming offerings and a proven track record with highly successful eGaming companies, Spiral Solutions collaborates with you to generate eGaming success.

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