Welcome to Aspire Global!
Aspire Global is a leading B2B-provider of iGaming solutions, offering companies everything they need to operate a successful iGaming brand, covering casino and sports.
An interview with Tsachi Maimon, CEO at Aspire Global speaks about record high 2018 and the company’s strategy for 2019. The interview was published on the Swedish Shareholders’ Association website.
Tsachi Maimon, CEO of Aspire Global: “In the last year, we decided to higher the bar for engagement with partners. We have broader due diligence on the partners in order to make sure they have the right marketing budget and marketing capabilities in order to drive high value to Aspire.“
“First of all, we are investigating if they have any bad history in the gaming sector. We are checking different forums and also making some due diligence on the owners. After that, we are checking their business potential capabilities- what is their marketing budget, what are the channels they are planning to operate in and also on a personal level to see if the team is a good one to partner with. “
“Sure, it is a pure success story. We launched this vertical only at the end of Q1 2018, so we have less than 12-months experience, and the results were much more than we expected. We believe that some of the layers we developed on top of the regular betting odds, making our product more sticky and engaging.“
“It’s a good question. Currently, our market share in Sweden is small. We are now developing some unique features specific to the Swedish market like the popular payment method- swish and also the possibility to login via your bank ID. We believe that those features, in addition to the excellent marketing knowledge our partners have in the online and social networks like Facebook and Google, will allow us to grow in the Swedish market. We expect this to affect revenues in H2 2019.”
“We have enough money in our bank account – through our own operation and through the bond we issued a few months ago– but we are looking for the right candidates for acquisition. We are familiar with most of the “acquisition targets” out there and trying to make sure that the one we chose will be a successful one for the long term. We often see acquisitions that were good in the short term but not necessarily in the long term. We don’t want to fail here.“
“Not necessarily. There are a lot of companies that are looking to be acquired. The challenging thing is to find the quality ones.”
“Yes, we are feeling very confident with the targets we announced. I believe that improving our product in areas we know will contribute more income to the company, plus opening more markets for our partners to operate will do the work.“
“True, the calculation we did is by taking our existing markets where we currently have revenues from, and we know that high chances are that they will be regulated in the coming years so we wanted already to take into consideration the gaming duties that we will need to pay.“
“Our growth opportunities for 2019 is by opening more markets for our partners and launching more operators that will offer sport + casino. We believe that it will trigger nicely on the revenues. Our challenges are to make sure everything we plan, will be on time and with the quality we wish for.“