

Balkan's
Entain Partners with EMMA Capital to Establish Entain CEE
Entain has partnered with EMMA Capital (EMMA), a leading investment firm based in the Czech Republic, to establish a new venture (Entain CEE) to drive expansion in Central and Eastern Europe. Entain will own 75% of the economic rights in Entain CEE. Entain CEE will acquire the SuperSport Group, the leading gaming and sportsbook operator in Croatia from EMMA.
The new platform will be led by SuperSport’s CEO, Radim Haluza, who has significant experience across the region. The combination of Entain’s global scale, access to capital and content, EMMA’s regional knowledge and connectivity, alongside the expert local operational knowledge of Radim and his team, makes Entain CEE uniquely positioned to unlock the significant opportunity across the region. This bespoke structure will allow Entain to join with further leading local operators through Entain CEE to continue to grow this unique platform across the region.
For 75% of the economic rights in SuperSport, Entain will pay EUR 600 million in cash at completion; and a further contingent payment of EUR 90 million made to EMMA in early 2023 based on SuperSport’s EBITDA for the financial year ending 2022.
EMMA will contribute their 25% stake in SuperSport to Entain CEE at an initial implied valuation of €200m, with the contingent payment implying an additional €30m value contributed by EMMA.
The Acquisition is expected to value SuperSport at €920m which implies a transaction multiple of 9.6x 2022 EBITDA, or 9.1x 2022 fully synergised EBITDA.
The Acquisition will be financed through a €700m bridge loan from Deutsche Bank, Lloyds, Mediobanca, NatWest and Santander. The Acquisition will increase Entain’s pro-forma net debt to EBITDA leverage ratio in 2022 by 0.4x. The Acquisition is expected to complete in Q4 2022 and is conditional upon regulatory approvals.
“We are excited to create Entain CEE with EMMA to underpin our strategy across the CEE region, and to be acquiring the leading betting and gaming operator in the highly attractive, fully regulated Croatian market. We see Croatia as an exciting, dynamic country which Entain CEE is perfectly positioned to expand from – we are very much looking forward to growing our business responsibly within the country and the region. By bringing together Entain’s global expertise and EMMA’s regional investment track record, we are creating a growth platform with considerable opportunity. Expansion across CEE is a core component of our growth strategy, and we look forward to having Radim on board to help drive this opportunity,” Jette Nygaard-Anderson, CEO of Entain, said.
“EMMA is very happy to be partnering with the leading global betting, gaming and interactive entertainment business to unlock the opportunity posed by the CEE betting and gaming market. We see the Entain CEE structure as a clear opportunity for creating value for shareholders, and we look forward to working closely and collaboratively with Entain,” Pavel Horák, Chief Investment Officer at EMMA, said.
“I am looking forward to joining with Entain and further building on the significant opportunity presented in this region. The prospect of leading Entain CEE to drive expansion in fully regulated markets is an exciting opportunity, and EMMA’s investment expertise combined with Entain’s world-class platform will give us the competitive edge in delivering on the CEE opportunity,” Radim Haluza, CEO of SuperSport, said.
Balkan's
BEGE Awards Nominations Now Open – Celebrating 16 Years of Industry Excellence!

We are excited to announce that the nominations for the 16th edition of the prestigious BEGE Awards are officially open! As a key highlight of the Balkan Entertainment and Gaming Exhibition (BEGE), the largest and most influential event for gambling professionals in Eastern Europe, the awards continue to recognize outstanding achievements, innovation, and leadership within the gaming industry.
The BEGE Awards serve as a distinguished platform for industry pioneers – from gaming equipment and software developers to land-based and online operators, affiliates, payment service providers, media, and industry associations. Each year, the awards spotlight the most innovative solutions, strategies, and technologies shaping the future of gambling both in Europe and globally.
Over the past years, the BEGE Awards have become synonymous with excellence, celebrating companies and individuals who push the boundaries of innovation and set new standards in the gaming sector.
This year’s ceremony promises to be even more memorable as we mark the 16th anniversary of the awards. The event will take place on November 26th at the Megami Club, Sofia, followed by an amazing night at the BEGE Party. It will be an exceptional gathering of industry leaders, innovators, and visionaries, once again celebrating the very best in gaming.
We invite all qualifying companies and professionals to submit their entries and join us in celebrating excellence in the gaming industry. This year the categories are divided into five key groups: Online B2B, Online B2C, Land-based B2B, Land-based B2C, and Industry.
For nominations and further information, visit: https://www.balkangamingexpo.com/register-for-bege-awards-2025/
Submission Deadline: 1st of October
Let’s make the 16th edition of the BEGE Awards the most remarkable yet. Together, we shape the future of gaming!
The post BEGE Awards Nominations Now Open – Celebrating 16 Years of Industry Excellence! appeared first on European Gaming Industry News.
Balkan's
CT Gaming Secures Certification for its Latest Multigame – Diamond King 5

CT Gaming has announced that the newest addition to its multigame portfolio – Diamond King 5 – has now been officially certified for the Bulgarian market. This marks an important milestone for the company.
As part of the well-established Diamond King series, the new multigame brings even more excitement and opportunities for players. The package includes 40 games, of which 20 are linked to the progressive Diamond Tree Deluxe jackpot, adding extra layers of entertainment and winning potential. The remaining 20 titles are classic games, including two with a Buy Bonus feature, allowing players to dive directly into the bonus rounds.
Diamond King 5 combines well-known player favorites with the legendary Mega Jack trio – Aztec Gold, Slot-O-Pol Deluxe, and Champagne Party – along with a range of exciting new titles that are set to become audience hits. Just like with Diamond King 4, players can win bonuses and jackpots during the base game, promising an even more thrilling gaming experience. In addition to its exciting content, the multigame is compatible with two types of cabinets — the EZ Modulo Tower with a single vertical monitor, and the NEXT or EZ Modulo with three horizontally positioned monitors.
“The certification of Diamond King 5 is an important moment for us. This is a product in which we have invested the very best of everything we’ve created in the series so far. We are confident that it will build upon the success of the previous multigames and deliver outstanding results for both operators and players,” said Biser Bojanov, CEO of CT Gaming.
The certification of Diamond King 5 in Bulgaria is just the first step in its international rollout. In the coming months, the product is set to be introduced to other key markets, continuing CT Gaming’s mission to provide flexible solutions with excellent performance for operators and unforgettable experiences for players.
The post CT Gaming Secures Certification for its Latest Multigame – Diamond King 5 appeared first on European Gaming Industry News.
Balkan's
ELA Games Partners With Superbet to Expand Offerings in Serbia

ELA Games, an innovative game development studio, announces its strategic partnership with Superbet, a tech and entertainment company operating in various key markets across the globe.
Founded in 2008, Superbet’s mission is to deliver exciting, technology-based entertainment in the sports and gaming industries. The company currently has a major presence in 12 countries, including Romania, Belgium, Poland, Serbia, and Brazil.
As part of the collaboration, Superbet will host various ELA Games titles on its Serbian platform, including creative, award-nominated Joker Winpot, high-quality designed It’s Shark Time 2, and renowned classic slot Flame Fruits Frenzy. Players in the region will have access to a diverse portfolio of games that prioritize visual quality, unique gaming experiences, and fun. ELA Games’ titles have a history of commercial success for operators due to their casino-centric features that boost growth metrics such as player acquisition and retention, GGR, and more.
Yaroslav Soloshenko, ELA Games’ Business Development Team Lead, commented on the partnership: “We’re excited to kick off our partnership with Superbet and grab a foothold in Serbia. We’ve identified the market as crucial to our expansion, so we’re looking forward to serving players in the region and becoming a well-known name. The ELA Games team is committed to producing the best games that provide unforgettable memories and fun experiences for all.”
Tanja Nauparac, Country Manager, Superbet Serbia, also commented: “Our company has established a regional reputation of being a champion of customer-centricity, due to the unique and immersive experience that we offer to our players. We are always looking at ways to improve the quality of this experience and diversify our product offering.
ELA Games is the right partner for us in Serbia, having a product portfolio with high quality and variety in terms of content. We are very pleased to start working with them and we look forward to great customer feedback.”
ELA Games continues to grow into one of the premier game development companies, balancing operator-friendly performance with exceptional player experiences. As the studio’s portfolio develops, platforms like Superbet will have more content to ensure its player base remains active, loyal, and satisfied.
The post ELA Games Partners With Superbet to Expand Offerings in Serbia appeared first on European Gaming Industry News.
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