Icinetic

Icinetic is a digital entertainment company specializing in online gaming and live sports streaming, offering a user-friendly platform that caters to a diverse audience seeking accessible entertainment options. Founded in 2006 in Sevilla, Spain, Icinetic focuses on developing online entertainment solutions. The company received EUR 0. 660 mn in funding from Caixa Capital Risc in August 2013, marking its only recorded funding round.

The founder's history is not documented, and there are no known subsidiaries or notable changes in business strategy. Icinetic’s offerings include a comprehensive suite of online entertainment products, primarily focusing on online gaming, live sports streaming, and on-demand movie services. Their core product is a user-friendly gaming platform featuring popular games like Baccarat and various slot machines, aimed at providing engaging experiences for users. This platform meets the demands of a digital-savvy audience, allowing players and sports enthusiasts to access services anytime and anywhere through their electronic devices.

In the most recent year, 2016, Icinetic reported revenue of EUR 1,005,192. 40 and an EBITDA of EUR 438,092. 30. The revenue is generated through subscriptions, pay-per-view access for sports content, and in-game purchases, with users engaging directly with the platform for gaming and streaming activities.

Icinetic plans to expand its product offerings and enter new markets. The funding from the EUR 0. 655 million financing in August 2013 will support the development of new online gaming features and enhancements. Specific regions targeted for expansion include Southeast Asia, with efforts to launch by 2015, aiming to leverage the growing demand for digital entertainment in these areas.