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Gurhan Kiziloz’s $400 Million Gambling Empire: A Detailed Look
A finance expert highlights Gurhan Kiziloz’s Nexus International, a dominant force in the global gambling market, boasting $400 million in revenues for 2024. Under the visionary leadership of Kiziloz, Nexus International has transitioned from its humble beginnings to become a key player in the online gaming arena, showcasing remarkable tenacity and strategic mastery.
Kiziloz’s early challenges with his fintech startup Lanistar illustrate his remarkable resilience. In 2020, the company faced substantial regulatory scrutiny from the UK’s Financial Conduct Authority (FCA), which issued a compliance warning. Kiziloz responded with determination, enhancing regulatory protocols and successfully negotiating the withdrawal of the FCA’s warning in less than six months.
Additionally, when Lanistar encountered a financial crisis, including a winding-up petition due to unpaid rent, Kiziloz skillfully steered through these turbulent times, resolving debts and securing a case dismissal in the High Court. His strategic expansion of Lanistar into Latin America targeted underserved, unbanked populations, affirming his dedication to innovation and accessibility.
With his extensive background in financial services, Kiziloz shifted gears to the gambling industry, where he has since established a highly profitable online gaming empire. His journey from navigating regulatory and financial obstacles to exploring new markets underscores his extraordinary ability to transform challenges into opportunities, fostering long-term business prosperity.
Nexus International: A Conglomerate Spearheading Two Major Brands
The Composition of Nexus International
At its foundation, Nexus International serves as a holding company that manages and operates two integrated brands:
- MegaPosta.com – A prominent online casino and sportsbook, concentrating on Brazil and Latin America.
- Lanistar.com – Initially founded as a fintech entity, Lanistar has evolved under the Nexus International framework into the gaming and financial services realm.
This organizational structure enables Nexus International to engage effectively in both the gaming and payment sectors, exploiting synergies across these industries.
MegaPosta: The Catalyst for Nexus International
MegaPosta.com stands out as one of Brazil’s rapidly growing online casinos and sportsbooks, offering:
- Slot Games
- Live Casino (Blackjack, Roulette, Baccarat, etc.)
- Sports Betting
- Poker Rooms
Lanistar: Transitioning from Fintech to Gaming Financial Services
Originally established as a fintech firm, Lanistar positioned itself as an innovative challenger bank. Facing regulatory and financial challenges, the company seamlessly transitioned under the Nexus International umbrella, reinventing itself as a payment processor and financial services provider for the online gaming sector through lanistar.app.
Lanistar’s revamped focus under Nexus International encompasses:
- Managing deposits and withdrawals for gaming platforms like MegaPosta.
- Crafting fintech solutions suited for high-risk industries such as gambling.
- Extending financial services to areas where traditional banking systems are reluctant to support gaming transactions.
This strategic pivot has enabled Lanistar to capitalize on its fintech foundations while benefiting from Nexus International’s growth in online gaming.
From Challenge to a $400 Million Empire
Gurhan Kiziloz has cultivated Nexus International into one of the most triumphant gaming empires using a real-money gambling model alongside a strategic fintech transition. By the end of 2024, the empire’s revenue had escalated to $400 million, with expectations for significant growth by year’s end. His path—marked by overcoming regulatory and financial hurdles and strategic reinventions—has demonstrated his adeptness at navigating adversities and emerging stronger.
Simultaneously, Lanistar’s transformation into a gaming-centric fintech company has positioned Nexus International to dominate both the gaming and payments ecosystem, securing a significant competitive advantage in the industry. From tackling fintech challenges to leading a multi-million-dollar gaming empire, Kiziloz’s narrative is a testament to perseverance, innovation, and strategic risk-taking—a true industry innovator who has mastered turning obstacles into substantial successes.
Dominic Sawyer VP Growth at Tequity
Tequity and iBankroll forge strategic partnership
Tequity, the technology partner behind some of the industry’s most scalable and customisable gaming solutions, has announced a strategic partnership with iBankroll that brings together two complementary engines of operator growth: high-performance Originals content and a liquidity support solution designed to remove exposure and empower operators to scale responsibly.
The partnership reflects a shared ambition to help operators overcome both creative and capital constraints. Through iBankroll’s Bankroll-as-a-Service solution, partners gain access to Tequity’s modular Remote Game Server (RGS) and its expanding portfolio of fully customisable Originals – a suite of provably fair, streamer-friendly, brandable titles engineered for next-generation engagement.
By aligning liquidity support with cutting-edge content delivery, the partnership aims to remove longstanding barriers in the iGaming sector – whether related to volatility, differentiation, or the technical bandwidth required to launch new experiences at speed.
Operators will now be able to offer bigger limits, streamline withdrawals, and deploy fully brandable Originals, supported by a capital-efficient foundation that enhances consistency and theoretical value.
With operators increasingly seeking adaptable content frameworks and operational models that support higher limits and smoother user experiences, the collaboration introduces an integrated pathway to growth.
The joint rollout marks the beginning of a broader collaboration, with both companies focused on accelerating innovation across fintech and gaming technology.
Dominic Sawyer, VP Growth at Tequity, said: “iBankroll removes the capital constraint for ambitious operators. Tequity does the same on the content side with high-performance, fully brandable house games. Together, we give partners the confidence to offer bigger limits and smooth withdrawals on games that players genuinely love.”
Hayden Bowman, Co-Founder of iBankroll, added: “Tequity’s engineering expertise, scalable infrastructure, and standout Originals portfolio make them an ideal partner. Bringing their technology together with our Bankroll-as-a-Service gives operators a compelling foundation to grow, innovate, and future-proof their business.”
The post Tequity and iBankroll forge strategic partnership appeared first on Gaming and Gambling Industry Newsroom.
Christos Zoulianitis Chief Commercial Officer at ENJOY
ENJOY expands distribution through SoftGamings partnership
Collaboration marks a key step in ENJOY’s ongoing growth strategy
ENJOY, the dynamic iGaming content developer, has broadened its market access through a new partnership with SoftGamings, bringing its slot and live casino portfolio to one of the industry’s leading aggregation platforms.
The deal sees ENJOY’s content, including standout releases Hotfire Diamonds, Bison Strike and Grand Lightning, made available to SoftGamings’ extensive network, reinforcing the studio’s strategy to deliver its titles across multiple markets.
The integration is the latest in a string of alliances with key industry stakeholders, and reaffirms the studio’s commitment to innovative design, technical reliability and long-term commercial impact.
Christos Zoulianitis, Chief Commercial Officer at ENJOY, said: “This new partnership firmly places ENJOY’s games in front of a wider audience seeking proven, high-quality entertainment.
“SoftGamings has established itself as a trusted distribution partner, and this collaboration supports our focus on sustainable, global growth.”
Inna Lukina, Head of Partnerships at SoftGamings, added: “ENJOY delivers strong, player-focused content that stands out for both its technical execution and playability.
“Adding its titles to our platform offers our clients access to a brand with clear creative direction and momentum.”
The post ENJOY expands distribution through SoftGamings partnership appeared first on Gaming and Gambling Industry Newsroom.
Fortune of Olympus
PRAGMATIC PLAY STRIKES GOLD WITH FORTUNE OF OLYMPUS
Pragmatic Play, a leading content supplier to the iGaming industry, unleashes a thunderous new entry in its iconic Greek Gods series with Fortune of Olympus – an electrifying 7×7 cluster-pays slot charged with random multipliers, dynamic special bets, and a 10,000x max win.
Fortune of Olympus is the latest feature-packed addition to the industry-leading Gates of Olympus universe. The blockbuster slot delivers explosive action as clusters of 5-15+ matching symbols reward players with wins of up to 150x in the base game.
On any spin, mighty multiplier symbols worth 2x-500x can strike the grid. When multiple multipliers hit, their values combine and detonate into a single, supercharged payout at the end of the tumbling sequence.
Landing 4-7 scatter symbols triggers the bonus game, awarding 15-30 free spins. During this striking feature, every multiplier that appears is added to a growing total multiplier, which is applied to all subsequent wins in the round, building tension and potential with every spin.
Players in certain markets can also amplify the action with special bets. Ante bets boost the chance of triggering Free Spins or Super Free Spins. The two Super Spins options guarantee at least one multiplier on every spin, with the second raising the minimum multiplier value to 50x.
Those eager for instant power can jump straight into Free Spins or Super Free Spins via 100x or 500x bonus buys, with the latter ensuring all multipliers start from 5x and above.
Fortune of Olympus marks the triumphant return of Pragmatic Play’s legendary Zeus character, following the success of Gates of Olympus Super Scatter and Gates of Olympus 1000, and pushes the fan-favourite series into thrilling new territory.
Irina Cornides, Chief Operating Officer at Pragmatic Play, said: “Fortune of Olympus is a stunning addition to Pragmatic Play’s popular Greek Gods series and a distinctly different kind of outing for Zeus. Taking the iconic Gates of Olympus series in a thrilling new direction, this feature-rich slot delivers a standout experience with epic win potential.”
The post PRAGMATIC PLAY STRIKES GOLD WITH FORTUNE OF OLYMPUS appeared first on Gaming and Gambling Industry Newsroom.
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