Aspire Global is a leading B2B provider of iGaming solutions, offering partners all relevant products to operate a successful iGaming brand, covering casino and sports. The B2B offering comprises a robust technical platform, proprietary casino games, a proprietary sportsbook and a game aggregator. It also owns B2C proprietary online gaming brands, including Karamba. Aspire operates in 26 regulated markets across Europe, the US, South America and Africa.
Management has announced a strategic review of the B2C segment business to determine how to accelerate its growth. B2C represented c 31% of group revenue and c 23% of group EBITDA in FY20, a record high in the segment’s history.
In this interview, Aspire Global’s CEO, Tsachi Maimon provides an introduction to the B2C business and talks about the motivation for the strategic review following the recently announced FY20 results. He then discusses the strategic and financial implications for the rest of the group in the event that the B2C segment is sold. Tsachi concludes by talking about the use of any proceeds given Aspire Global’s already solid balance sheet.