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Home Industry Brief

OneVerse Gaming makes power play with PokerSaint acquisition

This marks the fourth acquisition by OneVerse Gaming

by MN4U Bureau
April 18, 2024
in Industry Brief
Reading Time: 2 mins read
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OneVerse - PokerSaint
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OneVerse Gaming, a leading player in the gaming business, today announced the successful acquisition of PokerSaint, a leading online poker site. This is the fourth acquisition of the gaming powerhouse.

OneVerse Gaming’s strategic acquisition of Poker Saint signals a significant step forward in its aggressive expansion plans. The acquisition underscores OneVerse Gaming’s commitment to diversification and market leadership, positioning the company for sustained growth and profitability in the highly-dynamic gaming sector.

The move helps OneVerse Gaming to strengthen its market position and broaden its product portfolio. With a focus on delivering immersive gaming experiences and fostering community engagement, Poker Saint brings valuable assets and a loyal user base to the OneVerse Gaming ecosystem.

“This acquisition fits perfectly with our strategic vision and growth objectives,” stated Paul Micheal, CEO of OneVerse Gaming. “Poker Saint’s pioneering gaming strategies and fair market position make them an ideal addition to OneVerse Gaming as we seek to expand our player base and boost shareholder value over the long term.”

Founder of PokerSaint, Kshitij Anilkumar expressed optimism about the acquisition, stating, “Joining forces with OneVerse marks a significant milestone in our journey. We are proud of what we have achieved at PokerSaint and excited for what the future holds. This partnership will enhance our ability to innovate and expand, bringing unparalleled experiences to our users. With OneVerse’s resources and our deep understanding of the poker community, we are set to revolutionize the online poker industry.”

The integration of PokerSaint’s innovative practices with OneVerse’s robust technological framework promises to elevate the online gaming experience, offering state-of-the-art, player-centric poker games and services. The combined entity will focus on expanding its market reach and engaging with diverse gaming communities, setting new benchmarks in the industry, Anilkumar added.

Speaking on the acquisition, Dhyanesh Sundarmurthy, Co-Head, RMB Capital India, who acted as OneVerse’s advisor on the transaction, said, “As the gaming industry continues to evolve at an unprecedented pace, strategic acquisitions such as OneVerse Gaming’s purchase of PokerSaint exemplify a forward-thinking approach to market expansion. By strategically integrating complementary assets and expertise, companies can position themselves to capitalize on the emerging opportunities and drive sustainable growth in this rapidly-evolving sector.”

The acquisition of PokerSaint marks a pivotal moment in OneVerse Gaming’s growth trajectory as it strategically advances its growth agenda and capitalizes on the evolving dynamics within the gaming industry. With an unwavering commitment to innovation, excellence, and user satisfaction, OneVerse Gaming is primed not only to secure a greater market presence, but also generate value for its stakeholders.

–Based on Press Release

Tags: Dhyanesh SundarmurthyKshitij AnilkumarOneVersePaul MichealPokerSaint

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