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Gurhan Kiziloz’s $400 Million Gambling Empire: A Detailed Look

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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.

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Boomerang Partners delivered expert sports insights during two days of iGB L!VE London 2026

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From July 1 to 2 inclusive, Boomerang Partners, an Affiliate Gambling & Betting Marketing Agency, participated in iGB L!VE London on stand F50. One of the world’s largest iGaming events was held on a grand scale at ExCeL London. It proved to be an effective networking platform for major operators, affiliate teams, tech vendors, and game providers.

Meetings, sports expertise, and new agreements

One of the main topics attracting visitors to the stand was Boomerang’s expertise in sports. The company runs one of the leading sports-focused affiliate programs in the industry and is eager to share its expertise with market players. This knowledge is built on the support of a strong in-house analytics department, and one of its results was the launch of the Sports Marketing and Betting Calendar 2026 earlier this year. Numerous affiliate teams use insights from this guide to launch and run campaigns throughout the current year, which is packed with high-level sports competitions.

Shortlist in the Best Affiliate Programme category

On July 2, the final day of the conference, the iGB Affiliate Awards 2026 ceremony took place in a stylish venue at the legendary The Shard. Boomerang Partners were shortlisted in the prestigious Best Affiliate Programme category. This marked a high recognition of the company’s achievements by industry leaders. In 2026, it celebrates its 5th anniversary. Boomerang has over 3,000 active affiliate partners, 10+ partner brands in its portfolio, and is an Official Regional Partner of AC Milan. Since July 2026, the partnership has entered its third season – a collaboration that has become a benchmark for cooperation between one of the world’s leading football clubs and a top iGaming company.

Kristina Shkredova, Affiliate Team Lead at Boomerang Partners, commented: “iGB L!VE London is always a powerful platform for meaningful dialogue and professional networking. This year, we felt a particularly strong interest in our sports-focused expertise, which confirms that affiliates are looking for deep market knowledge, not just traffic volumes. Now our sights are set on SBC Summit Lisbon, where we will once again connect with affiliates and showcase what we do best.”

What’s next

The next major industry exhibition where affiliate teams can see Boomerang Partners will be the SBC Summit Lisbon. The event will take place from September 29 to October 1, and the company has announced that it will also hold the Golden Boomerang Awards 2026 award ceremony in Lisbon. The TOP 30 teams of this landmark annual affiliate traffic tournament will visit a secret location, where the company will announce the winners in 11 categories. The third season is in full swing – affiliate teams can follow its progress or join the participation on the GBA’s official website.

About Boomerang

Boomerang Partners is a rapidly growing global marketing agency offering a wide range of services. Boomerang Partners is an Official Regional Partner of AC Milan. In 2024, it launched the inaugural Golden Boomerang Awards – a global tournament for affiliate teams. More than 400 affiliate teams participated in the second season of the tournament in 2025. Partners of the Agency launched six new products in 2024-2025, contributing to a nearly 1.5-fold increase in product users.

The Agency’s clients’ portfolio contains 10+ brands offering affiliate and entertainment services across multiple markets in compliance with local regulations. These products provide incentive programs and 24/7 multilingual support.

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activity report 2025

GGL Publishes Activity Report 2025

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The German Gambling Authority (GGL) has published its latest activity report for 2025. The report highlights the GGL’s measures in supervising legal providers and its latest work against illegal gambling.

Supervision and Licensing of Legal Providers Further Systematised

While previous years focused primarily on granting licenses, in 2025 the emphasis shifted significantly to the structured supervision of licensed providers. Key instruments included supervisory discussions, both ad hoc and proactive measures based on reports and market observations. Internal collaboration between the relevant departments was further intensified, contributing to a uniform and consistent supervisory practice.

Further Development of the Technical Infrastructure and Supervisory Systems

The expansion of the technical infrastructure was further advanced. The goal is to create a reliable and comparable data basis for supervision, analysis and future regulatory decisions. Enforcing the mandatory and correct use of the safe servers by the authorised providers remained a challenging process in 2025, but it is the foundation for the necessary improvement in data quality.

Focusing the Fight Against Illegal Gambling on the Entire Market Environment

In 2025, the approach to combating illegal online gambling was further refined and consistently aligned with the entire market environment. In addition to measures against the operators themselves, the focus is increasingly shifting to the service providers involved. This approach ensures that illegal offerings are not viewed in isolation, but rather addressed within their market and process contexts.

In 2025, GGL worked closely with platform operators to further reduce the visibility of illegal content in the digital space.

Market measurement has been further developed scientifically. Due to its opaque and dynamic structure, the evaluation of the development of the illegal gambling market requires a particularly robust methodological basis. The 2025 activity report therefore does not include any independent figures on the size of the illegal market for the year 2025. Instead, the presentation is based on the results of the scientific study “Investigation of the black market and channeling of gambling on the internet based on a survey of gamblers”.

GGL deliberately chose this approach to increase the validity and comparability of the market data and to ensure methodologically sound results.

This study, already published, shows that in 2024 the market volume of illegal and therefore unregulated online gambling will be 23%. This results in a channeling rate of 77%. This means that legal or regulated offerings account for more than three-quarters of the online gambling market.

The existing study will be continued so that a scientifically sound data basis on the development of the illegal market can be provided.

Outlook 2026: 5 Years of GGL Mean Evaluation and Further Development

The developments so far show an increasing consolidation of the supervisory and enforcement structures within the framework of the State Treaty on Gambling 2021.

The focus in the coming years will be on the legally required evaluation, the preparation of the new licensing cycle from 2027 onwards, and the further strengthening of data-based and scientifically sound supervisory instruments.

The 2025 activity report can be found under Publications of the Joint Gambling Authority of the Federal States – Annual Reports.

The post GGL Publishes Activity Report 2025 appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

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Ageeth Bakker

Ageeth Bakker Joins Nederlandse Loterij as CFRO

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The Dutch national gambling operator, Nederlandse Loterij, has appointed Ageeth Bakker as its Chief Financial & Risk Officer (CFRO).

Since 2019, Ageeth Bakker was CFRO and a member of the Executive Board of Bovemij Group. Last week, she stepped down from that financial institution in the mobility sector, which specialises in insurance, guarantees and data services. Prior to that, Bakker was Chairperson/Managing Director of Onderlinge Waarborggroep Centramed. She also worked at Achmea Group for 13 years, six of which were in various executive positions; including as Director of Finance, Risk and Supply Chain Management at Centraal Beheer and Financial Director of Avéro Achmea.

Raymond Knops, Chairman of the Supervisory Board of Nederlandse Loterij, said: “The Supervisory Board is pleased to welcome a highly experienced executive like Ageeth Bakker as CFRO of Nederlandse Loterij. Her extensive expertise in finance and risk and a career in regulated sectors are an excellent fit for this board position. With the arrival of Ageeth Bakker, the board is at full strength to further realize Nederlandse Loterij’s strategic ambitions as the most responsible gambling provider and the largest driver of sports and physical activity.”

Ageeth Bakker said: “What particularly appeals to me about Nederlandse Loterij is the combination of a strong social mission and a leading position in the gambling sector. With ten trusted brands, Nederlandse Loterij offers players a safe and responsible range of lotteries and online games of chance, the proceeds of which benefit society. I am happy to contribute to that. I look forward to working with the Board and all colleagues to continue building a successful and future-proof organization, so that we can continue to increase our social contribution.”

The post Ageeth Bakker Joins Nederlandse Loterij as CFRO appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

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