Asian game developer XIN Gaming has acquired gaming software specialist Tain and sportsbook supplier Betting Promotion.

Tain and XIN

The two Swedish companies merged in 2013 and will now be owned by XIN Gaming.

Mathias Larsson, XIN Gaming managing director, said: “This is a milestone for XIN, as this acquisition moves us up to the next level within the sector.

“Tain is not just a very good platform, it is also one of the most established brands in the online market. This heritage is important as we believe it builds trust.

“Most suppliers out there only have their own platform and their reliance on third-party providers means they can’t offer competitive pricing to clients. However, Tain has a complete in-house offering and can therefore offer low prices to operators.”