INTERBLOCK d.o.o. — Cyborg Score 7/10

Strong
Electronic Table Games (ETG) Hardware Manufacturing

Strategic Profile

Interblock is owned by funds managed by Oaktree Capital Management (as of June 2022). The company strengthened its product offering through the acquisition of slots and electronic table games manufacturer Zuum in September 2024, enabling it to expand its portfolio to include affordable, high-quality ETG solutions that cater to price-sensitive markets. The company competes as a premium innovator in the electronic table games segment with a diversified product portfolio spanning roulette, blackjack, baccarat, and multi-player gaming platforms.

Cyborg Score Rationale

The company generated total revenues of €121.5 million in 2024 with stable operations. The company holds a credit rating of BBB for 2025, indicating stable but risk-exposed operations. Strategic backing by a major PE firm and successful acquisitions demonstrate growth momentum, though private status limits public financial visibility.

Top Insights

  • In 2024, revenue was €121.5 million with 292 employees, indicating solid operational scale
  • The September 2024 acquisition of Zuum enables penetration of price-sensitive markets while maintaining premium offerings
  • R&D investments position Interblock as the industry's most innovative electronic table games manufacturer
  • The company operates in over 348 jurisdictions worldwide, demonstrating extensive geographic reach

Named Competitors

  • IGT — Land-based gaming machines and lottery systems
  • Novomatic — Gaming systems and electronic gaming machines
  • Playtech — Digital gaming and betting platform software
  • Zuum — Affordable electronic table games (acquired September 2024)

Recent Developments

  • (September 2024) Acquired Slovenia-based Zuum to expand portfolio into price-sensitive gaming markets
  • (June 2022) Acquired by IB OCM VoteCo, funds managed by Oaktree Capital Management
  • (2024) Generated €121.5 million in revenue with EBITDA of €16.3 million

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