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Galaxy Racer Appoints Upmanyu Misra As Managing Partner

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Galaxy Racer (GXR), the world’s largest esports, gaming and lifestyle organization are excited to announce the appointment of Upmanyu Misra as Managing Partner at Galaxy Racer. In his new role, his key responsibilities will be leading investments, M&A and financial strategy for the organization. 

Upmanyu is a highly reputed Venture Capitalist & Private Equity professional and has over 15 years experience, including his previous roles at Citi and JP Morgan. He has multi-sector experience with a special focus on AR/VR (Gaming, Mobile Applications, Consumer Devices), Autonomous Vehicles, FinTech and Blockchain Applications. 

Previously, he was an AI programmer for a PC-based Real Time Strategy game that achieved a worldwide revenue of over USD 1 billion. He holds an MBA from INSEAD and MS (Cum laude) in Computer Science from Lehigh University.

Galaxy Racer has over 100 content creators globally across Middle East North Africa (MENA), North America, Southeast Asia (SEA), Europe and South Asia, amassing over 500 million followers and generating over 2.5 billion monthly views.

Galaxy Racer consists of multiple business arms including content IP and esports events production, dedicated content creators, esports teams, limited-edition merchandise and a music records label. 

Galaxy Racer is exploring its expansion into Blockchain Gaming and Web3’s ecosystem and will be making major acquisitions throughout 2022 and 2023.

Esports is projected to generate US$1.38 billion in global revenue this year according to market intelligence firm Newzoo in its 2022 Global Esports & Live Streaming Market Report. The figure represents an increase of 22% year-over-year when compared to 2021.

Paul Roy, Group CEO of Galaxy Racer said: “We are thrilled to have Upmanyu onboard as our Managing Partner. His immense wealth of experience as a VC and coupled with his keen interest in esports and gaming will play a pivotal role as we continue our aggressive growth globally. We look forward to welcoming him onboard and further elevating Galaxy Racer to greater heights. Welcome to our galaxy!”

Upmanyu Misra, Managing Partner of Galaxy Racer said: “Esports and Blockchain are at the forefront of new age technology and will truly shape our next generation in unprecedented ways. Organizations worldwide need to change focus from targeting the user’s wallet to the user’s time. Paul’s vision to achieve that is absolutely astounding. Excited to come onboard and propel Galaxy Racer to the next level.”

Galaxy Racer recently hosted in Dubai, MENA’s largest esports tournament, GAMERS GALAXY: Dota 2 Invitational Series Dubai 2022, with the top international Dota 2 teams competing for AED1,000,000 in prize pool. It garnered over 2 million concurrent viewers and 38.5 million total hours watched across all platforms, with over 27 billion total media coverage viewership globally.

Galaxy Racer’s content creator smashed two Guinness World Records with the ‘Longest live stream (video) – 268 hours, 14 minutes, and 20 seconds’ and ‘Most viewers for a charity donation live stream on YouTube – 698,000 viewers’, while raising US$11 million for charity in collaboration with the UNHCR (United Nations High Commissioner for Refugees) and The Mohammed Bin Rashid Al Maktoum Global Initiatives.

Galaxy Racer is headquartered in Dubai and has recently expanded its offices in Los Angeles and key markets in Southeast Asia, including Philippines, Thailand, Indonesia and Malaysia.

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Kyrgyzstan Launches Unified State Lottery Infrastructure

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Kyrgyzstan is consolidating all private lottery operations into a single, state-controlled system as part of a national initiative to modernise the sector and align it with international standards. The project is being implemented by the Information Security Center in partnership with the state-owned enterprise Kyrgyzloto.

Under the new framework, all types of lottery draws in the country will be brought under state oversight. Authorities say the system will provide full transparency over financial flows, enable real-time monitoring of sales and payouts and protect citizens from unscrupulous operators.

The Lottery Information Processing Center will manage real-time data collection on ticket sales, draw results and prize pools. Financial and fiscal oversight will be conducted by the Ministry of Finance and the State Tax Service.

“Our task is to agree on the rules for conducting lotteries and to form a fund for targeted deductions. We intend to unify the draws and channel the proceeds into useful areas,” said Sherik Kasmaliev, director of Kyrgyzloto.

The post Kyrgyzstan Launches Unified State Lottery Infrastructure appeared first on European Gaming Industry News.

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FUN88 Launches AI Game Recommendations, Setting New iGaming Standard

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FUN88, a leading online gaming platform, has introduced its latest breakthrough in the iGaming industry: AI-powered recommendations for slot games. This new feature marks a significant step in enhancing user experience, offering tailored game suggestions based on individual preferences and gaming behaviour.

By analysing user data and local market trends, the AI system recommends popular games tailored to regions such as Thailand and Vietnam, ensuring a more personalised and engaging experience for every player.

Key Highlights of the AI Game Recommendations Feature:

• Personalised Recommendations – AI analyses gameplay history and preferences to suggest slot games that best fit each player.

• Enhanced User Experience – A seamless, customised journey that saves players time.

• Available for Vietnam and Thailand Players – The feature is available to registered FUN88 users in these markets, reinforcing the brand’s commitment to innovation.

• Responsible Gaming Focus – AI technology also supports FUN88’s dedication to safe and responsible play.

This launch marks another step forward for FUN88 in combining technology and entertainment to enhance user satisfaction. The new system not only makes gameplay more convenient and exciting but also aligns with FUN88’s long-term vision of offering safe, smart and enjoyable gaming.

Players can now explore the new AI-powered recommendations by registering on FUN88 or logging in to their accounts. Through the FUN88 app, users can easily access their favorite categories, manage their accounts and enjoy exclusive promotions.

The post FUN88 Launches AI Game Recommendations, Setting New iGaming Standard appeared first on European Gaming Industry News.

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PropellerAds launches localized platform in China

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PropellerAds, one of the world’s leading advertising platforms, is proud to announce the official launch of the Chinese-language version of propellerads.com with native support team, marking a major step in its strategic expansion across East Asia. The announcement comes in response to growing regional demand for industry-leading advertising platforms specializing in high growth sectors, including gaming and e-commerce.

To mark the launch, a Chinese version of the PropellerAds website is now live, complete with full translation and a dedicated team of native-speaking experts to support Chinese-speaking clients. This has been complemented by an official WeChat channel where updates, insights, and company news updates will be shared directly with its Chinese-speaking audiences.

As a global market leader in digital advertising with 15 daily billion ad impressions across over 195 GEOs, PropellerAds brings over a decade of proven success to the Chinese market. Its deep expertise in performance-driven formats like Popunder, Push Notifications, and Telegram Mini Apps, has helped thousands of advertisers scale their campaigns worldwide. Now, Chinese-speaking clients can benefit directly from this global experience, expert support, and strategic tools tailored to their needs,  empowering them to reach international audiences with precision and confidence.

“We’re excited to deepen our relationships in the Chinese market,” said Matvey Shmidt, Sales Director at PropellerAds.

“Our goal is to empower advertisers and partners in China with the tools, support, and insights they need to succeed globally. For the first time, Chinese clients can benefit from our global expertise while accessing a multisource advertising platform designed to local demands and needs.”

In addition to its established ad formats, PropellerAds continues to innovate with new channels such as Telegram Mini Apps, Survey Exit, and In-Page Push, providing advertisers with access to audiences and engagement opportunities. These formats expand the platform’s capabilities beyond traditional web placements, with brands reaching high-intent users across multiple ecosystems with precision targeting and performance-driven optimization.

PropellerAds recently made a successful appearance at China Joy, one of Asia’s largest digital entertainment expos, where the team connected with hundreds of partners and advertisers, and Global Traffic Conference in Shenzen. Looking ahead, PropellerAds will be attending GTC in Shanghai this November, continuing its mission to foster meaningful partnerships and drive innovation in the region.

Shmidt continued: “This launch reaffirms PropellerAds as a global leader in digital advertising, offering scalable solutions and localized support to help businesses grow across borders, with this being the first in a series of new launches we will be announcing in the region soon. We look forward to meeting our clients and speaking with interested clients at GTC in Shanghai.”

You can visit PropellerAds at stand B69, at GTC in Shanghai, on 5th and 6th of November.

The post PropellerAds launches localized platform in China appeared first on European Gaming Industry News.

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