Interblock, a leader in luxury table gaming solutions, has announced a significant strategic move by acquiring a majority stake in Zuum Limited, a respected manufacturer specializing in Class II and Class III electronic table games (ETGs), as well as slots and bingo products. This acquisition represents a vital step for Interblock in fortifying its market leadership and expanding its product offerings to meet diverse customer needs across various gaming environments.
For more than thirty years, Interblock, currently owned by Oaktree Capital Management, has been at the forefront of the gaming industry, renowned for pioneering ETGs that seamlessly blend the traditional table game experience with modern slot machines. With Zuum’s integration into its portfolio, Interblock is now positioned to deliver an extensive array of affordable and high-quality ETG solutions, specifically targeting price-sensitive markets. This strategic focus allows operators to optimize their returns while maintaining product quality.
John Connelly, CEO of Interblock, commented on the acquisition, stating: “This acquisition will provide Interblock the ability to penetrate an entirely new segment of the casino industry. With Zuum’s innovative, cost-effective product lineup, we’re now able to offer a more diverse range of gaming solutions to meet the needs of casinos in both high yielding and evolving markets.”
Mitja Kolman, the founder and selling shareholder of Zuum, also expressed enthusiasm about the merger. He stated: “Bringing Zuum into Interblock family opens up exciting opportunities for Zuum to get more creative, reach new customers and combine our strengths to build even better, high-quality products.” Kolman emphasized that the acquisition is geared towards fostering growth, promoting innovative ideas, and creating outstanding experiences across various platforms, setting the stage for long-term success.
Comprehensive Product Range for Operators
The acquisition not only broadens Interblock’s product offerings but also enhances its competitive position within the gaming market. The newly expanded portfolio includes a full spectrum of gaming products, catering to both high-end casinos and budget-conscious operators. This versatility ensures that Interblock can effectively serve a diverse array of gaming environments.
One key advantage of Zuum’s product line is its Class II offerings, which utilize real ball technology. This addition is particularly beneficial in the North American market, where demand for Class II products remains robust. By integrating Zuum’s offerings, Interblock strengthens its lineup and enhances its appeal to operators seeking unique solutions to meet consumer demands.
Moreover, Zuum’s ETG products that fall into the value price range—including standalone and stadium-style games such as Craps, Roulette, Blackjack, and SicBo—present operators with cost-effective options that do not compromise on quality. This aspect allows for expanded gaming options while managing capital investments efficiently, which is crucial in today’s competitive landscape.
Technological Advancements and Market Expansion
Another significant benefit of the acquisition is the enhanced technology that Zuum brings to the table. Zuum’s advanced ETG connection system can give product performance a boost by automatically streaming data to a central system, which increases service efficiency. By integrating this technology with Interblock’s platform, operators can enjoy improved reliability and streamlined game management, ultimately reducing operational costs.
Furthermore, Zuum has an established presence in critical regions, including North America, Asia Pacific, Europe, and the maritime gaming sector. This positioning enables Interblock to further expand its global market share and reinforce its commitment to growth in these vital areas.