Who Owns ElectraWorks?
GVC owns ElectraWorks, and it was this company that acquired Cozy Games in the midst of all the changes to the laws and regulations governing online bingo. As a result, many brands have vanished from this platform since early 2019, leaving just about 20 of the strongest brands, including Foxy Bingo, Cheeky Bingo, Mummies Bingo, and GameVillage Bingo. The amazing portfolio of slots and games that Cozy had built, which included slots, scratch cards, table games, and networked jackpots, appears to be gone.
After divesting themselves of all but the most profitable brands, ElectraWorks has been hard at work rebuilding the network to its former glory with the assistance, guidance, and expertise of one of the industry’s most serial players.
ElectraWorks has kept the 90 ball, 80 ball, and 30 ball bingo configurations that helped the sites stand out from the pack. In addition, they’ve started licensing games with the unique Friends Bingo game, and we’re hoping for more to follow. Read on to find out what you can expect to see at the new ElectraWorks bingo sites, as well as what we think the software supplier can do better. In addition, we’ve compiled a list of the finest sites to test out this up-and-coming developer’s games:
More About Electraworks
When you make a deposit when playing online bingo, casino, or slots, you may be curious about whose parent business the website belongs to. Unfortunately, players are frequently confused when they notice a transaction from ElectraWorks Limited on their bank statement. ElectraWorks Ltd is a subsidiary of GVC Holdings Plc, a big publicly listed business in the United Kingdom that operates a wide range of gaming websites.
The firm was founded in Gibraltar, a British overseas territory, and was originally used to manage different Bwin sports betting brands. Party Casino and Party Poker are two more brands that the firm owns and operates. GVC Holdings bought ElectraWorks in February 2016 for a price of over £1 billion. Other competitors included 888, which attempted but failed to purchase the firm.
The ElectraWorks firm then purchased Cozy Games, a leading online bingo software supplier, in 2018. Cozy had over 50 distinct bingo and slots websites at the time. However, in 2020, they stated that the great majority would be shut down since they were no longer profitable.