Taiwanese company XSGames aims to expand globally. Since its establishment in 2009, XSGames has focused more on creating online and offline casino games rather than social games.
After receiving a B2B license in Malta, XSGames is ready to compete in the highly competitive European iGaming industry.
By acquiring Palasino Holdings, a Hong Kong-listed company headquartered in the Czech Republic, XSGames may expand its footprint in Europe.
Velvix Corp, a subsidiary of XSGames, is becoming increasingly popular in the US slot machine market as it currently has equipment deployed in two US states. It is expected that Velvix will expand to 30-40 US casinos by the end of the year.
Meanwhile, Velvix also plans to launch its products in the Philippines.
XSGames believes that the online gaming experience gives it an advantage. They may use player knowledge to develop engaging slot machine experiences.
Because XSGroup is large, the company can offer potential customers a full range of gaming products, including online and mobile games.
With this diversified approach, XSGames has become a player in the global gaming industry.
