Octavian, based in Guildford, UK, develops and markets innovative games and systems and sells its gaming solutions in over 30 countries. eBet, one of the world’s largest gaming systems companies, develops and markets a range of networked solutions for gaming machines. The company has operations and contractual arrangements in Australia, New Zealand, the Philippines, Korea, Vietnam, Singapore, Canada and the USA, with a varied and exciting portfolio of interests; the two companies should complement each other exceptionally well.

Commenting on the exciting global potential for the new company, Octavian CEO Harmen Brenninkmeijer said: “We project major growth worldwide in gaming systems because of the potential of downloadable games and more involving and customer-friendly games driven by new technology. Together, eBet and Octavian will be well placed to gain a significant share in what is likely to grow into a multi-billion dollar market within a few years. In addition, the combined company will have market leading technology and software in the expanding lottery market.”

Tony Toohey, CEO of eBet, added: “Octavian has a highly sustainable competitive advantage. It is able to produce proven games at almost half the cost of comparable products. Through its systems technology, which already links thousands of gaming machines, it is also able to offer highly attractive multi-machine jackpot games. Open architecture offers the customer maximum flexibility and choice too, as game products from multiple developers can be used.”

If the deal is approved, Octavian’s Harmen Brenninkmeijer and Hans Zeidler will become Executive Chairman and Deputy Executive Chairman respectively. eBet’s CEO and Managing Director, Tony Toohey, will become CEO and Managing Director.

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