{"id":51979,"date":"2022-12-20T08:38:31","date_gmt":"2022-12-20T08:38:31","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=51979"},"modified":"2022-12-20T08:38:31","modified_gmt":"2022-12-20T08:38:31","slug":"greentube-agrees-joint-venture-with-flamingocatz","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/greentube-agrees-joint-venture-with-flamingocatz\/","title":{"rendered":"Greentube agrees joint venture with Flamingocatz"},"content":{"rendered":"<p class=\"oneComWebmail-MsoNormal\" style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-47264\" src=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2021\/10\/greentube-logo-2021-300x111.png\" alt=\"\" width=\"300\" height=\"111\" srcset=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2021\/10\/greentube-logo-2021-300x111.png 300w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2021\/10\/greentube-logo-2021-768x283.png 768w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2021\/10\/greentube-logo-2021.png 800w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Greentube, the NOVOMATIC Digital Gaming and Entertainment division, has entered into a joint venture with emerging studio Flamingocatz, in a partnership that will see new and exciting content created for North American markets.<\/p>\n<p class=\"oneComWebmail-MsoNormal\" style=\"text-align: left;\">Greentube has acquired a 40% stake in Flamingocatz, a games developer established in 2022 to bring disruptive slot titles to the Americas, through innovative mathematics, unique design and a clear mission to entertain.<\/p>\n<p class=\"oneComWebmail-MsoNormal\" style=\"text-align: left;\">The two parties will collaborate on developing future content for Greentube\u2019s portfolio, leveraging Flamingocatz\u2019s local knowledge and production capacity, to bring titles that deliver on player expectations.<\/p>\n<p class=\"oneComWebmail-MsoNormal\" style=\"text-align: left;\">A number of titles are already in development and are set to be introduced in 2023, initially in North America, but later also to other markets where Greentube is active.<\/p>\n<p class=\"oneComWebmail-MsoNormal\" style=\"text-align: left;\">Through the partnership, Greentube will significantly improve its value proposition in the US and Canada, where the company has invested heavily in the last year to introduce localized and relevant content to become a leading supplier to the iGaming industry.<\/p>\n<p class=\"oneComWebmail-MsoNormal\" style=\"text-align: left;\">The joint venture with Flamingocatz comes just months after Greentube acquired US development studio Present Creative, and further underlines the company\u2019s ambitious intentions to grow in regulated North American markets.<\/p>\n<p class=\"oneComWebmail-MsoNormal\" style=\"text-align: left;\"><b><span lang=\"EN-US\">Michael Bauer,<\/span><\/b><span lang=\"EN-US\">\u00a0<b>CFO\/CGO<\/b><\/span><b>\u00a0at Greentube, said<\/b>: \u201cWe remain committed to growing our presence in North America and through this joint venture with Flamingocatz, we will further strengthen our capabilities, working with a talented and very experienced team who sits on a lot of local knowledge. Having a laser focus on what local players desire is paramount to us and this partnership will help us execute our growth strategy in the US and Canada.\u201d<\/p>\n<p class=\"oneComWebmail-MsoNormal\" style=\"text-align: left;\"><b><span lang=\"EN-US\">Job Spiero, Co-Founder at Flamingocatz, said:\u00a0<\/span><\/b><span lang=\"EN-US\">&#8221; We are very excited to work on this new studio together with Greentube and we could not have hoped for a better partner to go into the Americas. With Greentube&#8217;s vast experience in distribution, placement, and marketing of games and Flamingocatz&#8217;s \u2018outside of the box\u2019 way of creating games, we have very high hopes for this partnership.&#8221;<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greentube, the NOVOMATIC Digital Gaming and Entertainment division, has entered into a joint venture with emerging studio Flamingocatz, in a partnership that will see new and exciting content created for North American markets. Greentube has acquired a 40% stake in Flamingocatz, a games developer established in 2022 to bring disruptive slot titles to the Americas, [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":51980,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,58],"tags":[],"class_list":["post-51979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-igaming","category-press-releases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Greentube agrees joint venture with Flamingocatz - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/greentube-agrees-joint-venture-with-flamingocatz\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Greentube agrees joint venture with Flamingocatz - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"Greentube, the NOVOMATIC Digital Gaming and Entertainment division, has entered into a joint venture with emerging studio Flamingocatz, in a partnership that will see new and exciting content created for North American markets. 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