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KTO picks Altenar to power Peru sportsbook platform

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KTO Apuestas has picked Malta-based betting software and services provider Altenar to power its online and offline sportsbook for players in Peru – KTO.PE.

The KTO team has offices in Asia, Europe and Curacao, where it holds a licence to operate the KTO.com and KTO.PE brands. The operator already holds a strong presence in the Asian, European and Brazilian markets.

Altenar will integrate the same solution online and across KTOā€™s shops. It includes an extensive pre-match and in-play offering, complete with better odds and a deeper selection of leagues, as well as more virtual games and faster processing times for online bets.

ā€œAltenarā€™s strong presence in Latin America made them the obvious choice when entering the Peruvian market,ā€ said Pedro Benavides, Managing Director of KTO Apuestas Sac. ā€œWe were looking for a strong partner to support our ambitious growth plans in the country.ā€

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The operatorā€™s online brand first went live in 2018, as Peru pressed ahead with plans to introduce a regulatory framework for its online gaming and sports betting market.

However, while progress has since stalled on the introduction of proper legislation for online gambling, it is not a prohibited activity. Indeed, high mobile and smartphone penetration means the country is set up to replicate the success of its mature land-based market.

Domenico Mazzola, Commercial Director at Altenar, told SBC News: ā€œWe are delighted to further expand our presence in the LatAm region with a partner such as KTO. We are going to support them with all our resources and the full commitment to help them succeed thereā€.

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Golden Whale to provide ML-powered solutions to SYNOT Games

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Industry-leading data science company teams up with global iGaming group to drive player engagement and game distribution

Golden Whale Productions, the market-leading data science specialist for the iGaming industry, has announced it has formed a new partnership with SYNOT Games that will utilise ML-powered solutions to enhance multiple facets of the latterā€™s business.

Officially signing on as a game supplier for the company, Golden Whale will use its combination of AI and machine learning systems to drive activity and game distribution across SYNOTā€™s customer base.

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By harnessing the power of Golden Whaleā€™s prediction models, SYNOT will be able to deploy automated systems that analyse and respond to game play data before providing recommendations for improvement, opening up a world of exciting possibilities for the company.

Armed with these ML-backed insights, SYNOT will be able to analyse user data at greater speed and on a far more granular level, with this in turn empowering the group to continue providing cutting edge solutions that are capable of scaling with the ever-growing nature of its operations.

Given SYNOT currently operates in more than 30 countries worldwide, these potential optimisations obviously have big implications for the business, both in terms of refining its product line-up and securing new partnership deals around the globe.

As such, representatives of both companies have already spoken of their excitement over what promises to be a hugely beneficial collaboration and are extremely optimistic about what they will be able to achieve together when the first wave of game specific insights have been garnered.

Eberhard DĆ¼rrschmid, Chief Executive Officer at Golden Whale,Ā said: ā€œGolden Whale are very happy to announce the details of our latest strategic partnership with SYNOT Games and weā€™re really looking forward to working alongside a business with such a strong track record in iGaming.

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ā€œItā€™s my firm belief that both predictive solutions and machine learning in general have an increasingly important role to play in the game development and sales process ā€“ and armed with our powerful technologies, weā€™re certain SYNOT will be well-placed to capitalise on this in future.ā€

FilipĀ HlavĆ”Äek, Chief Product Officer at SYNOT Games, said: ā€œAt SYNOT Games weā€™ve long prided ourselves on adopting cutting edge technology across our games and solutions, so teaming up with a pioneering data science company like Golden Whale was an obvious fit for us.

ā€œWe believe that the insights their predictive models will provide for our business across all facets of customer engagement and game distribution will prove to be a major asset for us and weā€™re extremely optimistic about what weā€™ll be able to achieve together going forward.ā€

The post Golden Whale to provide ML-powered solutions to SYNOT Games appeared first on European Gaming Industry News.

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Cryptocurrency

Kyrrex to host online panel discussion on MiCA and the future of crypto in Europe

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As the European crypto community prepares for the implementation of the MiCA, Kyrrex is organizing an online X panel to discuss the potential impact and future trajectory of the industry under this new regulatory framework.

The panel ā€œIs MiCA that Bad? The Future of Crypto in Europe,ā€ will take place on November 14, 2024, at 12:00 CET on X Spaces.

This event aims to offer an in-depth examination of the challenges and opportunities that MiCA presents, drawing on the expertise of industry leaders and stakeholders.

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Key speakers for the discussion include Mike Romanenko and Kevin Plumpton from Kyrrex,

Tomer Warschauer Nuni from Kima Network, Andrea Zapparoli Manzoni from H4ckManac, Thanos Tsavlis from Cyberscope, and Anoop Nannra from Trugard Labs. Their insights will help attendees understand how MiCA may reshape the crypto landscape and what this means for different segments of the market.

ā€œAs MiCA ushers in a new regulatory era for the crypto industry, open discussions are crucial for navigating this transition effectively. By bringing together voices from various sectors, we aim to foster a deeper understanding and proactive approach to the opportunities and challenges ahead,ā€ said Mike Romanenko, CVO & co-founder of Kyrrex. ā€œEngaging in conversations like these helps ensure that the community is informed and prepared for the future of crypto in Europe.ā€

The panel will be structured to encourage interaction and participation, allowing attendees to submit questions and engage in a discussion with the panel. Topics are expected to include compliance, innovation, and strategies for navigating the evolving regulatory environment.

This event offers professionals, enthusiasts, and stakeholders an opportunity to gain a clearer perspective on what lies ahead as MiCA begins to take effect. It will also provide a space for dialogue and knowledge-sharing, fostering a greater understanding of the potential impacts on the crypto sector in Europe.

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Panel ā€œIs MiCA that Bad? The Future of Crypto in Europeā€ details:

  • Date: November 14, 2024
  • Time: 12:00 CET
  • Platform: X Spaces

The post Kyrrex to host online panel discussion on MiCA and the future of crypto in Europe appeared first on European Gaming Industry News.

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Diana Margarita Otalora

Stakeā€™s Latam leadership team smashes glass ceiling; sweeps awards

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Stakeā€™s Diana Margarita Otalora has been crowned Leader of the Year atĀ the 2024Ā SBCā€™s Latinoamerica awards.

The October award win was the perfect way to mark the one-year anniversary of Stakeā€™s operation in Colombia, which has led the operatorā€™s ambitious expansion plans in Latam.

The victory for Diana, who is GM for Latam as well as the operatorā€™s Colombia country manager, is proof that Stakeā€™s strategy to hire the best talent available in each territory is paying off.

Dianaā€™s team was recently strengthened by the addition of Peruvian country manager Jennyfer Escobar, who helped to secure Stakeā€™s licence in Peru as a result of the operatorā€™s progressive recruitment policy.Ā 

ā€œAt Stake, we want to appoint the best people for the role. Our ambition is nothing less than to become a leading player in the Latin American sports betting market.ā€ said Otalora.Ā 

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ā€œIt has been rewarding to find those attributes in my fellow Latina leaders, who are pulling together to propel Stake forwards in Latamā€™s emerging regulated markets.

ā€œWe work hard every day to ensure that gambling in our home countries is both exciting and safe for players, who have come to expect nothing less from Stake over the years.ā€Ā 

In order to complete the Colombian launch, Diana managed the merging of two teams following Stakeā€™s acquisition of Betfair Colombia, delivering continuity and harmony during what might otherwise have been a challenging integration.Ā 

Diana has successfully grown the Stake Latm team to more than 35 employees and is continuing to grow.

More internal growth is on the cards as the operator looks to build on Colombia by entering Peru and Brazil, among others in the region.

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Luisa MuƱoz, Head of Operations, Latam for Stake, said: ā€œUnder Dianaā€™s leadership, we have launched one of the largest gaming companies in the world in the Colombian market and are now expanding our horizons to all of Latam.Ā 

ā€œWorking with Diana, I have grown both professionally and personally: professionally, by being able to evolve my role in the organisation from managing the Customer Experience processes to now leading the operation for Latam. Personally, she has guided me, trusted me, empowered me and has opened the way for me to contribute value to the company on a daily basis.

ā€œThis is what true leaders do.ā€Ā 

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