Plushie Wins

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By switching the engine while keeping the theme constant, 1spin4win appears to be testing variety within an established seasonal shell. That’s a step beyond simply reskinning the same math each year.

our new event-themed slot with the Plus Coin mechanic

The release also underlines how the studio is scaling. The new game becomes part of a portfolio of more than 200 classic online slots built on transparent mechanics, quality mathematics, and well-balanced gameplay. That count marks steady growth for a provider that was founded in 2021 and now leans on volume and reliability as its core pitch.

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Efforts to update its legacy tech were also set in motion, and short-lived CEO Gavin Isaacs told iGB at ICE in January 2025 that his biggest challenge in the role was to modernise its core platform.

The operator declined to comment on losing its spot in the FTSE 100, but recent sentiment from the senior management team has been positive in recent quarters as its turnaround efforts have shown green shoots amid growth returning to its core markets. This is despite various regulatory and tax headwinds across Europe.

In Q1 2025, the group reported double-digit digital growth, thanks to strong UK, Brazil and US online performances. The period marked Stella David’s first quarter in the full-time group CEO role.

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The combined company will be listed on stock exchanges in both Spain and Italy, which Cirsa and Lottomatica are already market leaders in.Italy accounted for 57% of a combined group pro format adjusted EBITDA in H1. Spain made up 23% of that figure, with Rest of World at 20%.

Once the deal is completed, 80% of its EBITDA is expected to come from those two markets.

According to the deal investor deck, the combined group expects online betting and gaming to be its largest vertical, as it accounted for 48% of the group’s combined pro forma adjusted EBITDA in H1.