GVC Holdings Acquisition of Cozy Games Adds Over 100 Bingo Brands adding both B2B and B2C Portfolio
Cozy Games has a cozy new home with GVC Holdings. Cozy Games, one of the biggest bingo supplier and providers in the industry has new owners. GVC Holdings as well as the UK Gambling Commission confirmed the purchase via the commissions website.
The Commission updated the providers license to reflect the acquisition, and linked all of the sites branded under the new license. They have also linked and are redirecting to ElectraWorks Limited UK which is the new owner.
All current players are advised to check the status of changed or amended terms and conditions of the sites they are registered. It’s expected to be a smooth transition with no major impacts of player accounts. Details of the sale hasn’t been disclosed, but there might be a good chance that a couple of the networks or sites might merge into one.
Hopefully, soon more details will be announced of what’s to expect. There’s been speculation that one of the main reasons for the selling of the Cozy Games brand is due to the recent bingo bonus policy regulations and the taxation of revenues. More details will follow once GVC or Cozy Games releases more info.