Interviews
Exclusive Q and A with Tamas Kadar, Founder and CEO of SEON
“The sun literally never sets on SEON”, proudly declares Tamas Kadar while talking about the rapid growth of his company over the last few years.
There is more in this interview than such eye-catching slogans. He talks here about SEON’s origin, what exactly they do and how they do it. He concludes with insightful comments on fraud detection in the gambling industry and new developments.
Jump straight to the interview more such gems of quotes after the following appetizer about the tech start-up space:
“We have also been a profitable company since 2019, which is rarer than you’d think in the tech start-up space, where so many companies rely on rounds of investment rather than solid business fundamentals.”
Q. Let us start from the origin of SEON. Like Google, Facebook and many others, SEON too was founded at a university. While there is a brief intro about it on your website, could you narrate what exactly led to the founding of SEON?
A. Bence Jendruszák and I met at Corvinus University in Budapest and we instantly found that we had a shared interest in cryptocurrency. We saw that there was a gap in the market for a crypto exchange that served Central and Eastern Europe (CEE). When it went live, we were immediately bombarded by fraud attempts, but when we looked at what was currently on the market from legacy anti-fraud companies we found that nothing was really as good as what we knew was possible.
We created our own homebrew anti-fraud solution, and it was so good that other companies asked to use it. We saw that we had a business idea that had far more potential than the crypto exchange, re-focused our efforts, and now four years later here we are.
Q. Talk to us about the growth of the company over the years? Could you provide some statistics?
A. The most important stat is always going to be customer growth: we now have over 5,000 clients ranging from SMEs and start-ups to major international companies. We have also been a profitable company since 2019, which is rarer than you’d think in the tech start-up space, where so many companies rely on rounds of investment rather than solid business fundamentals. Most recently, we hired our hundredth employee, and we’re still growing.
Q. What are the recent developments and expansions? How did the company perform in a pandemic-induced world?
A. We’ve opened offices in four countries now: Budapest, London, the US and Indonesia – the sun literally never sets on SEON.
We also broke a record for the largest ever investment in a Hungarian company when we were funded by Creandum, who were also early investors in Spotify, Klarna and Depop. Their investment and mentorship are already allowing us to create new products and bring them to a much greater audience.
What’s more, we adapted well during the pandemic because we have always worked across multiple offices – changing to home working wasn’t a major challenge to us. The only difficulty was dealing with the sheer quantity of fraud during the past 18 months, but we have been able to continue to support our clients just as well as we had before the pandemic.
Q. SEON offers two products: Intelligence Tool and Sense Platform. Could you describe how SEON’s solution evolved into its present version?
A. The ideas were there from the start, but the technology behind them has gotten more sophisticated. We continually work on increasing speed to detect fraud even faster whilst reducing as much friction as possible for the end customer. At the same time, we build on depth for accuracy to reduce false positives. The more layering and data points we can check gives customers more certainty in each risk score. We also expand our breadth to cover more social signals and digital data points – an all-seeing eye to identify fraud quickly.
Q. How does SEON reduce friction for customers onboarding new users and accounts?
A. We know that customers want a fast, seamless sign-up process. If signing up for a new gaming site takes too long or requires too much work on the part of the player then they will go elsewhere. However, in gaming, as with other high-stakes industries like banking, there are regulatory demands that increase the ‘friction’ that new players are going to feel before they can start playing. It’s also very easy for anyone, whether they are a professional fraudster or just an unscrupulous player, to use throwaway emails, ‘burner’ phones and easy to obtain fake IDs and synthetic identities.
SEON can run a light and invisible customer profiling system in real time during customer signup that can assign risk scores to each customer – those with high scores will be given extra checks while the majority that are fine will go through with less friction. Since it is running in the background, customers will never know that they are being checked.
Q. What are the major types of fraud that SEON encounters and tackles? What sort of fraud do you think will affect the gaming and gambling industry in particular?
A. There are new forms of fraud emerging every day, so this list is going to be by no means extensive, but in iGaming we tend to see a larger number of low-stakes forms of fraud than in other industries. We find that because many gaming platforms give free bets or credit for new signups there is a lot of multi-accounting, which is fairly easy to find because there’s no incentive to create foolproof synthetic identities for a $10 bonus.
We also see a lot of ‘friendly’ fraud from players as opposed to criminals – players who have been banned creating new identities or unsuccessful players starting chargebacks to get back their losses. It’s a very fast-moving space compared to some of the other industries we work with, which is why it’s ideally suited for an AI-based system that can keep up.
Q. How does SEON ensure that it does not breach the user data protection and privacy regulations and protocols?
A. We always only use publicly available sources such as open data from social networks when we collect information—things like your browser, your screen resolution and hundreds of other device features.
We don’t store this information long-term in all cases – it is deleted after 12 months and not stored in a central database. We are fully compliant with GDPR and the relevant privacy regulations in the areas we operate. More importantly, we are always thinking about the balance between privacy and security in our work.
Q. Could you reveal the expansion plans and product launches in the near future?
A. We have just significantly upgraded our device fingerprinting capabilities based on our research on the kind of setups that fraudsters use to hide their tracks, and this will greatly increase our ability to not just detect fraud but prevent false positives and thereby increase the number of customers.
We also recently rolled out a revenue widget, designed to allow iGaming customers to easily see a snapshot of how much a user has deposited and withdrawn within the past year. Fraudsters usually have high revenue with low deposits as they abuse bonuses and loopholes.
Product updates and improvements are always ongoing as we develop more features that better support our customers and solve real fraud problems that they face.
To learn more about SEON, visit: https://seon.io/
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Following the announcement of its new publishing vertical and the successful debut of Royal Drop, we sat down with Tanja Bergman, Head of Growth RGS at Tequity, to discuss how this new arm is set to dismantle technical barriers for ambitious studios and why scalability is the new frontier for the ‘Burst Games’ genre.
Tequity has just officially launched its Publishing vertical. What was the primary catalyst behind this move?
The industry is currently in a fascinating place. There is no shortage of creative talent among studios, but there is a massive technical bottleneck. We have seen so many ambitious studios with incredible concepts – especially those moving beyond traditional slots – who have been getting bogged down in terms of getting those concepts out into the marketplace.
The catalyst for Tequity Publishing was simple. We wanted to break down those technical barriers. By handling the infrastructure, distribution, and compliance frameworks, we allow studios to do what they do best, which is build outstanding games. It’s about speed-to-market without compromising on the quality or the vision of their content.
The launch coincides with the release of Royal Drop. How does this game, and the partnership with Mirror Image Gaming and The Fortune Engine, showcase what Tequity Publishing is all about?
Royal Drop is the perfect proof of concept. It’s a collaboration that highlights three important pillars of modern game delivery. You have Mirror Image Gaming bringing that fresh, video-game-influenced Burst Games energy, The Fortune Engine provide the math tools and templates, and Tequity Publishing offers the global scale and distribution pathway.
It shows that when you remove operational friction, you can create a game-first experience that appeals to a new generation of players who want something more interactive than a standard 5×3 reel.
Tequity Publishing offers two models: RGSaaS and RGS-to-RGS. Can you walk us through the strategic benefits of each?
Flexibility is key, because no two studios are at the same stage of their journey. The RGSaaS model is our full-service offering. It’s designed for studios that want to focus 100% on the creative side. We provide the entire infrastructure and publishing framework and it is essentially a business-in-a-box for game creators.
The RGS-to-RGS model is a more streamlined, tech-first approach for studios that already have their own RGS but lack the distribution muscle. It allows them to plug into our growing operator and aggregator network instantly. Both models are built on the same philosophy: helping studios reach parts of the market they otherwise couldn’t access on their own.
You mentioned reaching new generations of players. How does this vertical specifically empower studios to innovate in ways they couldn’t before?
When a studio is concerned about how they are going to integrate with a multitude of different operators or how to navigate complex jurisdictional requirements, they tend to play it safe. They stick to what they know.
By taking that weight off their shoulders, we give them the opportunity to be brave. Studios like Mirror Image Gaming are pushing the boundaries of modern iGaming, taking influences from the video game world. This is exactly what the new generation of players is looking for. We provide the scalability so that these niche, innovative ideas can achieve mass-market impact.
It’s been a busy period for Tequity, following the success of your Originals series and the iBankroll partnership. How does the Publishing vertical fit into the broader Tequity roadmap for 2026?
It’s all part of becoming the ultimate technology partner for the gaming industry. Whether it’s our streamer-friendly Originals or our Bankroll-as-a-Service offering, the goal is to provide scalable, customisable solutions. Tequity Publishing is the natural evolution of that mission. We aren’t only providing the tools anymore, but also the pathway to the player. Looking ahead, you can expect a series of further launches through our three-way collaborations. We’re proving that the barrier to entry for innovation has never been lower.
Finally, for studios looking to scale quickly, what is your main message to them?
Don’t let technical noise drown out your creative signal. If you have a game concept that breaks the mould, you shouldn’t have to spend years building the distribution architecture to get it seen. That’s what we’re here for. We want to help you launch at a speed and scale that matches your ambition, so that you can make a significant splash in the industry.
The post Scaling innovation through the launch of Tequity Publishing appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
We speak to Charles Mott, CEO & Co-Founder at S Gaming, about the provider’s move into the US market with BetMGM and why more casual gameplay hits the mark with players stateside
Congratulations on your deal with BetMGM in the USA. Why is this such a milestone market launch for S Gaming?
The deal with BetMGM marks our hotly-anticipated launch in the US market, and sees our games go live to players in core regulated states such as New Jersey, Pennsylvania, West Virginia and Michigan. We see huge potential for our content in the North American market, and to make our debut with such a high-calibre operator is a testament to this. The US is still just finding its feet as a regulated online casino market, and our games, with their focus on sustainability and high entertainment, are the perfect fit for audiences who are used to land-based slots and are increasingly moving online. They are simple, easy to understand and play, and ultimately deliver tons of fun over longer playing sessions – just like the slot machines found on the floors of casinos in Las Vegas and beyond.
Just how important was it to go live with a tier-one operator like BetMGM? And how will the deal allow you to quickly build momentum in the US?
It’s mission critical. Going live with BetMGM allows us to build immediate trust with players, tap into a large and loyal playerbase, and simultaneously enter multiple regulated iCasino states at the same time. Now that we are up and running with BetMGM, we are turning our attention to striking partnerships with other operators active in the market. It’s pretty much the same blueprint that we’ve followed in our home market of the UK where we are now live with all but a handful of brands – something we have been able to achieve in a little over two years. We know the US is a slightly different market, but we are confident in our approach to game development and, as we gather more data on how US players interact with our games, will use this feedback loop to guide our product roadmap going forwards so that each title is better than the last and more suited to the preferences of US players.
You mentioned that your games are aimed at more casual players. How does this align with the preferences of US consumers?
If you walk onto the gaming floor of any Las Vegas casino, you’ll see row after row of slot machines. Increasingly, these machines are designed to keep players entertained for longer through gripping gameplay and regular wins. A lot of online slot content delivers high risk/high reward gameplay, where players can quickly clear through their balance as they hunt down big wins – wins that don’t land all that often. In a market where operators care deeply about retention and lifetime value, games that keep players spinning for longer really matter. Our approach to producing sustainable, fun games for players in the UK and Europe has allowed us to not only stand out but to engage players at scale, and we are confident players in the US, especially those who enjoy land-based slotting, will also be drawn to them at scale.
Has launching in the US been a major undertaking for S Gaming, or did it prove to be plain sailing for the most part?
When planning our move into the US market we identified two routes. We have our own remote game server, so we could build on that, secure licences in each state we wanted to enter, and then deploy our content directly with operators. The other option would be to work with a third-party RGS provider that already has the licences and integrations we needed. While the first option might sound like the best, in reality, especially for a smaller studio, the cost of and resources required for securing individual state licences can be prohibitive. So instead, we joined forces with Gaming Realms as they have the cutting-edge RGS and licences (in both the US and Europe) we were looking for. This means we simply need to build a US version of each game on the Gaming Realms RGS and can then deploy content with the wide range of operator partners they are connected with in regulated iCasino states across the US.
Tell us more about the initial run of games you’ve launched with BetMGM.
We’ve launched the partnership with Barnyard Bash Chicken Chase which will be followed by Triple 7 Jackpot in February and Cat and Mouse Collect in March – with one new game a month to follow as we build out our US portfolio. If players were to try just one of our games, it would be Barnyard Bash Chicken Chase. It gets players clucking as they spin the reels, collect Eggs and add them to the growing Nest – the more eggs collected, the bigger the Nest Egg becomes. Not only that, Eggs can randomly activate the matching colour-coded Nest Egg and award entry to the Chicken Trail feature, drop Egg-stra Free Spins or lay an Instant Prize.
But once they’ve tried it, they’ll definitely want to take Triple 7 Jackpot for a spin. This classic slot is dripping in neon action – the Triple 7 feature is always on screen but is locked until a spin lands three Bonus 777 symbols. This unlocks the feature with on spin awarded, giving players a shot at the 500x Jackpot prize. Free Spins are also up for grabs with seven Free Games awarded when three Scatters land in the base game.
Finally, Cat and Mouse Collect is a playful, feature-rich slot built around a simple but engaging Collect mechanic. Players pin the reels, collect up the cheeses and feed the hungry mice until they’re fit to burst. Green plates will serve up an instant prize, Blue will start the wild and wacky Cheese Chase and Red dishes out some feisty Free Spins. With regular feature triggers and plenty of on-reel interaction, it’s designed to keep players engaged from spin to spin without relying on extreme volatility.
What does success in the US look like for S Gaming over the next 12-18 months?
Success for us isn’t about one big hit, it’s about becoming a trusted, widely-distributed supplier in regulated iCasino states. Over the next year we want to significantly expand beyond BetMGM, roll out a steady pipeline of US-optimised titles and build the kind of player data and
operator relationships that let us grow sustainably. If players in New Jersey, Pennsylvania and Michigan are regularly choosing S Gaming titles as part of their core rotation, then we’ll know we’re really breaking into the market.
The post Breaking America with BetMGM appeared first on Americas iGaming & Sports Betting News.
What innovation consists of within the slots industry is often debated. While there are often calls for more groundbreaking features to be introduced, the reality is that the progression of trusted and popular concepts is what drives the industry forward with new releases.
We caught up with the Kendoo’s Commercial Director, Kate Romanenko, to understand more on how long-term retention is often underpinned by controlled evolution of proven concepts, as shown in the company’s success over the past year.
In an industry driven by novelty, why do you think long-term consistency is becoming just as valuable as innovation?
In the competitive iGaming market, everyone is obsessed with “what’s next,” long-term consistency has become a signal of trust. Operators are increasingly cautious: they want games that perform predictably over time, not just those who grow only on launch. Controlled evolution, like we showed with 3 Pots and 4 Pots games, such as 3 Fortune Trees, 3 Gates of Pyramid, 4 Egypt Scarabs etc., proves that you can refresh mechanics and visuals without breaking what already works. Innovation still matters, but when it’s backed by performance data and retention, it becomes scalable, sustainable value rather than short-lived hype.
How does Kendoo ensure technical and gameplay stability across its growing portfolio, especially as it scales into new markets?
At Kendoo, we build on a select set of well-tested core mechanics, evolving them thoughtfully rather than introducing unproven systems. Each game reflects our research, experience, and deep understanding of player needs. This approach lets us expand into new markets without compromising reliability, delivering operators consistent performance and players a smooth, familiar experience they can trust.
What role does reliability play in building strong partnerships with aggregators and platforms?
Reliability is the foundation of trust with aggregators and platforms. When integrations are stable, launches are predictable, and games perform consistently, partners can scale with confidence. For Kendoo, reliability reduces operational friction on their side, fewer incidents, faster rollouts, and clearer performance expectations. Over time, this turns a supplier relationship into a long-term partnership, where growth is planned together rather than driven by constant risk around new releases.
Do you think players are beginning to value dependable, well-balanced games over constant experimentation?
Players enjoy novelty, but they return to games that feel fair, familiar, and well-balanced. Constant experimentation can create friction, while dependable mechanics build confidence and habit. That’s why evolved formats with proven performance tend to retain better: players know what to expect, and that reliability turns curiosity into long-term engagement. For example, taking mechanics like Pots, which originated in land-based casinos, and successfully adapting them for online play.
Can you point to a Kendoo title that’s become a steady performer over time and what that tells you about what players really value?
A clear example is 3 Fortune Trees. Since launch, it has consistently driven strong retention and engagement across markets, with an average of 500 bets per player, which is excellent. The game demonstrates that players value Pots mechanics and reliable, well-balanced gameplay over flashy, one-off features. Its engaging mechanics, popular theme, and premium art and animation all come together to create a game that players love to play.
The post Kendoo interview: Can stability be the new innovation? appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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