Lowen Play Received Online Casino License in Germany
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Lowen Play digital GmbH has received a license from the Saxony-Anhalt State Administration Office to operate virtual slot machines.
Lowen Play received an online casino license in Germany. The group gained popularity in the country via its arcade halls. Lowen play will offer its customers online slot machine games under its Lowens Play Online brand. The brand will initially offer the classic games from the arcade hall. In the coming weeks, the brand is planning to introduce new payment methods and expand the portfolio of games to enhance the player experience.
Lowen Play had to give its creditors a 95% equity stake as part of a restructuring plan announced by the group's operating entity, Safari Verwaltungs Gmbh, in December. Moody's downgraded Lowen play's ratings.
