What Spincore Group does

SpinCore Group is a privately held iGaming operator headquartered in Sliema, Malta, with offices in Maastricht (Netherlands) and Antwerp (Belgium). The group operates three consumer-facing online gaming brands: Hard Rock Casino NL in the regulated Dutch market, and Blitz.be and SuperGame.be in the regulated Belgian market. The company was formed in late 2025 through a merger of the Hard Rock Casino NL operator with the Belgian operator that had been running Blitz.be (since 2011) and SuperGame.be (since 2014). Cristiano Blanco was appointed Group CEO in December 2024 to lead the integrated entity.

The group runs a multi-brand, multi-jurisdiction B2C online casino business in tightly regulated European markets. Underlying technology is largely sourced from third-party providers: Hard Rock Casino NL uses Hard Rock Digital's brand and platform license along with Bragg Gaming Group's content aggregation; Belgian operations run on Gaming1's platform. Customer relationship management is supported by the Fuze engagement platform. SpinCore is building out specialized internal teams across compliance, CRM, content, payments, and AI/data at its Malta hub to manage cross-market regulatory complexity. A small Belgium land-based retail operation contributes residual Gross Win but is declining.

SpinCore makes money primarily through Gross Win (stakes minus winnings paid) on its online casino verticals, supplemented by a small land-based segment in Belgium. Its growth strategy is anchored on three pillars: scaling the Hard Rock Casino NL brand (where Q1 2026 online Gross Win grew 42.1% YoY to €3.78M), launching a Dutch sportsbook in Q3 2026 under a pending license, and entering Finland in July 2027 via a partnership with platform provider Finnplay. Group Q1 2026 Gross Win totaled €6.70M (up 22.9% YoY) with EBITDA of €0.26M, implying thin but improving unit economics as the company invests in geographic and vertical expansion.

Name

Spincore Group

Legal name

SpinCore Group

Website

https://www.spincoregroup.com

Company type

Private

Founded year

2025

Operating status

Operating

Short description

SpinCore Group is a privately held multi-brand iGaming operator running Hard Rock Casino NL, Blitz.be, and SuperGame.be across regulated Netherlands and Belgian markets, with planned entry into Finland in 2027 and Dutch sports betting in 2026.

Ownership category

akta.pro rank

Product category

Online Casino Gaming

NAICS

Gambling Industries (7132), Casinos (except Casino Hotels) (713210)

akta.pro primary industry

Online Casino Aggregators & Game Hubs (Multi-Brand Portals) (MPAEABAI)

akta.pro secondary industry

White-Label / Turnkey Online Casino Brands (MPAEABAH)

Keywords

• Online casino operations
• Regulated iGaming markets
• Multi-brand gaming portfolio
• European gaming operator
• Casino and sportsbook platforms

Headquarters

HQ city

Sliema

HQ country

Malta

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Technology or R&D, Operations, Infrastructure

Revenue model

1. Online Casino Gaming - Gross Win: Primary revenue stream from online casino operations in Netherlands (Hard Rock Casino NL) and Belgium (Blitz.be, SuperGame.be). Revenue is generated through casino gaming activity (slots, table games, live casino) where the company retains a percentage of player wagers (gross win/GGR model). Q1 2026 total gross win: €6.70 million.
2. Land-Based Casino Operations: Connected land-based casino activities in Belgium, adjacent to the Blitz brand operations in Antwerp. Contributed €0.45 million gross win in Q1 2026.
3. Brand Licensing: Revenue generated through Hard Rock Digital brand licensing partnership for Hard Rock Casino NL operations in the Netherlands. The brand licensing fee is part of the operational cost structure.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

SpinCore Group builds and operates online casino gaming brands in highly regulated European markets, combining a globally licensed brand (Hard Rock Casino NL in the Netherlands) with locally tailored brands (Blitz.be and SuperGame.be in Belgium). The company runs branded online casino and sportsbook operations leveraging white-label technology partnerships with Bragg Gaming Group, Gaming1, and Finnplay, while pursuing early-mover entry into newly regulated markets such as Finland.

Product overview

SpinCore Group operates as a multi-brand iGaming operator with a platform-plus-brands architecture. The company manages three distinct online casino brands across regulated European markets: Hard Rock Casino NL (Netherlands, launched July 2024 via Hard Rock Digital partnership, powered by Bragg Gaming Group), Blitz.be (Belgium, since 2011, powered by Gaming1), and SuperGame.be (Belgium, since 2014, digital-first brand). The parent group provides shared strategic leadership, compliance infrastructure, and cross-market operational capabilities, enabling each brand to maintain its local identity while leveraging group resources. The group is preparing to expand into Finland through a partnership with Finnplay, targeting the regulated market opening in July 2027.

Differentiator

Problem solved

Functional benefit

Brands

• Hard Rock Casino NL: Globally renowned Hard Rock brand operating in the Netherlands, offering over 5,000 games with top-tier compliance. Launched July 2024 through partnership with Hard Rock Digital and powered by Bragg Gaming Group technology.
• Blitz.be
• SuperGame.be

Products and services

• Hard Rock Casino NL An online casino brand operated in the Netherlands under a KSA licence. Launched through a partnership with Hard Rock Digital and powered by Bragg Gaming Group's turnkey technology, offering over 5,000 games with branded engagement features, live casino branded tables, and compliance-first operations for Dutch players.
• Blitz.be A Belgian online casino and sports betting brand operating under a B+ licence since 2011, combining the digital extension of the Antwerp land-based venue with an online experience. Offers dice games, slots, and sports betting powered through the Gaming1 platform, with fast reliable payouts and local market expertise.
• SuperGame.be A digital-first Belgian online casino brand launched in 2014 under a B+ licence, targeting tech-savvy players who value innovation, mobile-first design, and immersive casino features. Known for fastest withdrawals in the region, mobile-optimized experience, and commitment to transparency.
• Belgium Land-Based Casino A physical land-based casino venue in Belgium, located in Antwerp adjacent to the SpinCore Belgian office. Operated in connection with the Blitz.be online brand, contributing €0.45 million gross win in Q1 2026.
• SpinCore Group Multi-Market Platform The parent company multi-market platform spanning regulated European markets (Netherlands, Belgium, and planned Finland expansion). Operates a multi-brand portfolio combining globally recognised brands (Hard Rock) with locally tailored champions (Blitz, SuperGame), providing shared strategic leadership, compliance infrastructure, and cross-market operational capabilities.

Quantifiable outcome

• Total Gross Win increased 22.9% YoY to €6.70M in Q1 2026
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and strategic.

• FinnplaycoreTechnology or Integration · 19 March 2026SpinCore Group has partnered with Finnplay for entry into Finland's newly regulated online gambling market opening July 2027. SpinCore has submitted its Finnish license application and plans to launch two brands on Finnplay's technology platform. Finnplay, a Finnish iGaming platform technology provider, brings proven platform technology and deep local knowledge of the Finnish market. This positions SpinCore Group among the early operators preparing for Finnish market entry.
• Hard Rock DigitalcoreOEM/ Whitelabel/ Licensing PartnerBrand licensing partnership with Hard Rock Digital for Hard Rock Casino NL operations in the Netherlands. Launched July 2024 through brand licensing agreement. Provides access to Hard Rock global brand, over 10,000 game titles, Fuze branded engagement tools, and full turnkey technology and content solutions.
• Bragg Gaming GroupcoreTechnology or IntegrationBragg Gaming Group provides full turnkey technology and content solutions for Hard Rock Casino NL. Includes technology infrastructure, content aggregation, and operational support enabling the Dutch market launch.
• Gaming1strategicTechnology or IntegrationGaming1 platform powers Blitz.be content, delivering popular dice games and slot titles including Book of Ra Dice and Cash It or Not. Partnership enhances Blitz brand's content roster with established provider games.

Scale indicators10 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Flutter Entertainment: Global iGaming leader (Paddy Power, Betfair, FanDuel, PokerStars, Sisal, etc.) with substantial European regulated-market operations. Comparable to SpinCore only in regulatory orientation; vastly larger and broader.
• 888 Holdings: Established online casino and sports betting operator with European regulated-market brands (888casino, 888sport, William Hill). Overlaps with SpinCore's online casino core and planned sportsbook vertical at a much larger scale.
• Entain plc: Large multi-brand European iGaming incumbent (Bet365, Ladbrokes, Coral, bwin, PartyCasino, etc.) with deep regulated-market presence. Overlaps with SpinCore's regulated-market focus but at materially greater scale and portfolio breadth.

Direct peers

• Casumo: European multi-brand online casino operator with regulated-market presence and a strong UX/innovation reputation. Comparable to SpinCore's emphasis on differentiated digital experiences in tightly regulated jurisdictions.
• LeoVegas Group: European mobile-first online casino operator with multiple brands (LeoVegas, BetUK, etc.) operating in regulated markets. Comparable to SpinCore's digital-first, multi-brand, regulated-market focus, particularly SuperGame.be's mobile-first positioning.
• Kindred Group: Multi-brand European online gambling operator (Unibet, Maria Casino, etc.) active across multiple regulated jurisdictions including the Nordics, Western Europe, and the Netherlands. Directly comparable to SpinCore's multi-brand, regulated-market portfolio strategy.
• Betsson AB: Swedish-headquartered multi-brand online gaming operator with deep presence in Nordics and several regulated European markets, combining global and locally tailored brands. Directly comparable to SpinCore's global-icon + local-champion brand strategy.
• ComeOn Group: Multi-brand online gaming operator running several casino and sportsbook brands across regulated European markets. Closely comparable to SpinCore's portfolio architecture and multi-market, multi-product roadmap.

Others

• Bragg Gaming Group: B2B iGaming technology and content provider powering Hard Rock Casino NL via turnkey platform and aggregation. Ecosystem partner rather than direct competitor; relevant because SpinCore's NL customer experience is materially built on Bragg's stack.
• Finnplay: Finnish iGaming platform technology provider supplying SpinCore's planned entry into the newly regulated Finnish market. Ecosystem partner enabling SpinCore's Finland launch rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spincore Group