The online gaming industry was abuzz on 6th February 2024 as news broke of the online poker giant Spartan Poker being acquired by OneVerse. The Metaverse and gaming tech firm, OneVerse is reportedly hoping to close on other acquisitions worth $120 Million apart from the Spartan Poker deal.
Spartan Poker’s acquisition was a part of the brand’s current M&A strategy as the brand aims at establishing itself as a leading entity in the Indian gaming market and has taken the consolidation route to achieve this goal.
The recent acquisition of the online poker platform has led to a lot of excitement among the industry experts as many other newer avenues could open up leading the way for innovations in the Indian gaming arena.
ALSO READ: Spartan Poker Acquired By One Verse For An Undisclosed Sum
The gaming industry is reportedly entering a new era post the 28% GST levy and could see many more mergers and acquisitions in the coming days. How this industry shapes up in the coming time is something everyone will keep a close eye on.
The latest news in the Spartan Poker-OneVerse story is that the top bosses are speaking in an exclusive interview to CNBC TV18. You can watch this interview below.
For similar updates on poker strategy and how to improve your game, stay tuned to Gutshot Magazine or follow us on our social media handles. Follow us on Facebook, Instagram, Twitter, and Telegram.
With a Masters Degree in Journalism and Communication, Mrinal Gujare currently is cruising through an exciting genre of writing and editing at Gutshot Magazine. Apart from being an Editor, Mrinal is an avid reader and a former contemporary dancer. She is also perennially hungry for intriguing scoops from across the globe. No holds barred is the rule Mrinal follows in life.
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