Industry News
QTech Games confirms Epic merger
Asia’s top distributor merges with leading games reseller Epic Media to secure a trailblazing leadership team for growth markets
QTech Games, Asia’s number-one games distributor, has announced a major merger with leading games reseller, Epic Media, in order to bolster its platform’s position at the forefront of the industry for taking the best online games to market across emerging territories.
Under the terms of the reseller agreement, every component of QTech’s digital one-stop shop will be made available, from slots and table games to instant win, virtual sports and live casino games.
Epic Media is headed by industry trailblazers Staffan Lindgren and Ulf Norder, both of whom have a proven record for business development and scale-up success. Norder is a former Director of Development at Yggdrasil and Evolution Gaming, while Lindgren was a co-founder of NYX, which now forms a key part of Scientific Games.
Thanks to a recent partnership with Ezugi’s live-dealer portfolio, QTech Games now has an all-inclusive service for global operators, particularly across developing gaming spaces where demand for a comprehensive-yet-localised product set is paramount against a diverse backdrop of cultural trends and player preferences.
Markus Nasholm, Chairman of the Board at QTech Games, said: “We’re thrilled to have finalised this milestone merger with Epic Media, and delighted to have the combined experience and expertise of Staffan and Ulf on board. To have two of the most successful people in the gambling join QTech Games is a ringing endorsement of all our team’s hard work in recent years.
“It’s been another year of sustained growth at QTech, and their partnership will prove invaluable as we grow further and faster in more international markets. It’s also a real validation that QTech adopted the correct strategy from the outset with our ‘two cornerstones’ model. Firstly, beyond the fantastic games, fully owning the technology sets QTech apart, which enables us to offer a number of flexible features which no competitor can rival. And secondly, outside of Asia, we’ve secured strongholds in virtually all the margin markets, demonstrating organic growth across channel and border.”
Staffan Lindgren, Strategic Adviser to the Board, said: “I’ve been active in Asia for a long time but this is the ideal time to consolidate my hard-won experience in a more structured way with QTech Games. QTech is clearly the leader in Asia, and other key growth territories are quickly falling in line. Their propriety technology means they’re the only aggregator that is not just delivering fantastic games but also adding engaging features (such as QT Play’s AI-powered recommendation engine, alongside their Tournament and Jackpot elements) which make QTech’s position in the market unique. The rapid growth since the start has also been extremely impressive with yearly double-digit gains immediately taking the eye.”
Ulf Norder, VP / Director of sales, added: “For me, having previously been more active in Europe’s ‘margin markets’, this role is a perfect opportunity. QTech Games is the only company that has been active in all such markets. Indeed, they’re not just an Asian aggregator but are also attracting clients from all over the world. Latin America, Eastern Europe and they’re already in position to stake a firm claim in the Indian market, stealing a match on the competition. Together, I’m confident we can be even more successful.”
As the fastest-growing distributor in Asia over the past few years, QTech’s platform boasts the the most comprehensive gaming portfolio around, tailored for each region, with native mobile apps, powerful reporting and marketing tools, and 24/7 local-language support.
Ruud Bergervoet has been reappointed as CFO of Holland Casino. He will remain financially responsible for the gambling provider for another two years. Bergervoet has already been CFO for two terms of four years, but due to the special circumstances of the company, he has been asked to remain as a director.
CEO Petra de Ruiter said: “I am very happy that Ruud is prepared to stay with us. With his experience and knowledge of the company, he is indispensable at this moment. We have to work very hard in the coming years to keep Holland Casino financially healthy. And I am certain that this is in good hands with Ruud.”
Ruud Bergervoet has been working at Holland Casino since 2017. Before that, he worked as CFO at FD Mediagroep and Sdu Uitgevers, among others.
During the shareholders’ meeting of April 16, Bergervoet was nominated by the Supervisory Board and his nomination was confirmed.
The post Ruud Bergervoet Reappointed as CFO of Holland Casino appeared first on European Gaming Industry News.
AskGamblers has announced that the final voting stage of the 8th annual AskGamblers Awards has started.
The voting phase kicked off on 28 April, and will last until the award ceremony scheduled for 12 June.
As in previous editions of the Awards, players can cast their votes for one of the top 10 finalists in the following categories: Best Casino, Best New Casino, Best Sportsbook, Best New Slot and Best Software Provider.
The Best Crypto Casino, Best Partner and Best Manager categories will traditionally be chosen by the AskGamblers team. This year’s edition introduces a new category, the Superstar Award, a crown achievement handed out to one operator that best represents the values of brands, whose laureate will also be chosen solely by AskGamblers.
Another novelty in this year’s Awards cycle is the Forum vote: the votes from the members of AskGamblers Forum will be counted towards the final tally of votes as a separate voting tier.
Commenting on the launch of the 8th AskGamblers Awards voting stage, Dijana Radunović, General Manager at AskGamblers, said: “Now that we have the finalists, we are entering the final stages of preparation for our biggest night of the year. To say that we are excited about the 8th edition of the AskGamblers Award would be an understatement.”
“As everybody in the team is working tirelessly to make the gala ceremony a night to remember, we invite our players to do their bidding: to give a vote to their favourite contestants and help us choose the rightful winners in the five categories that are open to public vote,” Radunović added.
Before the award ceremony on 12 June, AskGamblers will host the traditional Charity Night on 11 June, where the partners will bid for positions on the website, with the money raised allocated to a humanitarian cause.
The post The 8th AskGamblers Awards Officially Enters the Voting Stage appeared first on European Gaming Industry News.
Flexion, the games marketing company, has announced that its revenue grew 9% to year-end December 2024. The growth is attributed to the Company’s success in the alternative app store market.
Since its IPO in 2018, the company has built a well-positioned games marketing business around the alternative stores and grown annual revenue 50-fold to almost US$100 million. Its game portfolio represents several billion US$ in gaming IP for alternative market partners like Samsung, Amazon, Huawei, OneStore and Xiaomi.
“With the Digital Markets Act (DMA) coming into force in Europe and recent legal actions in the US, mobile game developers have felt a new-found freedom to explore their market options. We’ve already moved beyond the era when Google and Apple controlled everything. Developers are looking for alternatives that offer better margins, and additional audiences and revenue. Partnering with Flexion opens up a range of market channels with very little up-front investment,” said Jens Lauritzson, CEO of Flexion.
Flexion currently distributes more than 30 high-profile titles on the alternative stores. Top-tier games in the Flexion portfolio make on average US$ 10 million a year based on Q4 2024 run rate. That’s income in addition to their Google and Apple revenue with a business model that adds little to their costs.
In Q4 2024, Flexion-serviced games were, on average, generating 9.3% through the alternative stores of the revenue they made on Google Play. This is a significant boost for Flexion’s partners without major costs or effort.
“If you scale for the size of the stores, the alternatives massively out-performed Google in Q4 for our games. This is exciting both for Flexion’s business and for the future of the games industry as a whole. We’re seeing the beginning of a sea change in games marketing,” Jens said.
“We’re seeing just the beginnings of a major shift in how top-tier developers address their markets. Using Flexion to access alternative stores is an easy first step into the post- Google and Apple world. Many developers are already looking at their options beyond that and Flexion will be right there with them providing the technology and expertise they need to maximise the potential of their games,” Jens added.
The post Flexion Reports Revenue Increase of 9% for 2024 appeared first on European Gaming Industry News.
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