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Erik Bergman’s Great.com donates more than $100,000 and pledges another $1M+ to a community of philanthropic entrepreneurs

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iGaming entrepreneur Erik Bergman pledges over $1M in CTTMF shares to Founders Pledge, a global community of entrepreneurs, and donates another $100,000+ as an operational supporter.

Erik Bergman launched Great.con in 2018 with a mission to end the global climate crisis. Using his expertise in iGaming, Erik wanted to build a revenue-generating platform that would help carry out this mission.

The business concept of Great.com is to build the world’s most trusted iGaming review website, which would generate profits through affiliate partnerships – 100% of which would be donated to vetted charities working to solve climate change.

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Not only is the business concept unique, but the organizational structure and management of Great.com is also groundbreaking. Transparency is one of its core values with employee conditions and work culture shared openly. For example, Great.com records and publishes weekly meetings to its website along with employees’ salaries.

Erik was quoted in Forbes saying that “I believe the people we want to attract and want in our team – are the same people that resonate with transparency.”

The ambition of Great.com is not just to end the climate crisis but to challenge the traditional norms associated with work. Erik has set out to build a more open, inclusive, and sustainable organization which he hopes will set the blueprint for other companies to follow.

Since its inception, Great.com has donated more than $225,000 to charitable causes. Now, another donation of $100,000 is being made to help fund the operational costs associated with Founders Pledge – a global community of more than 1,400 entrepreneurs. Every member of Founders Pledge must make a legally binding “pledge” to donate a chosen portion of their current or future wealth to charity.

This $100,000 donation to Founders Pledge as an operational supporter will help mitigate the burden that COVID-19 has had on their organization and will enable their team to continue its efforts of expanding its community, securing more pledges, and channeling millions of dollars to high-impact charities working on key global issues such as climate change.

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In addition to this $100,000 donation, Erik Bergman also joined Founders Pledge as a member and signed a future pledge to donate 20% of his shares in Catena Media (CTTMF) which is currently valued at $1.3 million.

Founders Pledge is a unique community of entrepreneurs who have a shared purpose of wanting to do the most good in the world. The organization has a research team that focuses on charity due diligence, data collection, and the curation of high-impact causes throughout the world that are being underserved philanthropically. They strive to use data and analysis to recommend charities which will offer the largest return per dollar donated.

For example, in response to COVID-19, Founders Pledge created a single fund that would enable members and the public to contribute resources into which would then be dispersed by Founders Pledge to vetted charities aimed at pandemic preparedness, stopping the spread of COVID-19, and lessening the social and economic burden on the most affected communities. Founders Pledge takes an adaptive approach with its fund allocation to

COVID-19 relief which means they are making strategic decisions every time they contribute

– choosing the cause for which that donation would have the greatest impact. Erik Bergman, founder of Great.com, comments:

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“When I founded Great.com, it was because I wanted to build an organization that could make the greatest difference possible for our environment – both from a climate and organizational perspective. So, it is important for me to find ways to create compounding returns. Founders Pledge is one such organization, as they have built up unique expertise on how to create the greatest impact with charitable giving. It’s an honor for me that Great.com can now help this incredible organization further their altruistic efforts.”

David Goldberg, founder, Founders Pledge, adds:

“It is very welcome that Erik Bergman and Great.com join our network. We bring together entrepreneurs with cutting-edge skills that are all driven by helping to do good for our world. The exchange between members is very valuable and Great.com can now take advantage of the unique knowledge we possess, to be able to make more well-founded donations.”

“My wish is that entrepreneurs and companies around the world start to be driven by serving a greater purpose. By joining Founders Pledge, I want to inspire others to do the same. You can make a difference if you do the right research and manage it through the right organizations”, Erik Bergman concludes.

 

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Allwyn International a.s. relocates to Switzerland

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Allwyn, a leading multi-national lottery operator headquartered in Switzerland, announced that the Allwyn entity Allwyn International a.s. (“AIAS”) has relocated from the Czech Republic to Switzerland. Effective 1 October 2024, AIAS has become a Swiss entity (under the new legal name Allwyn International AG) and has transferred its place of business to Switzerland.

As of the date of relocation, the €500 million 3.875% senior secured notes due 2027 (the “2027 Notes”) originally issued by AIAS have been transferred to Allwyn Entertainment Financing (UK) Plc, as substituting issuer. Allwyn Entertainment Financing (UK) plc is the issuer and borrower of certain other Allwyn bonds and loans. AIAS has become a guarantor of the 2027 Notes, which continue to be guaranteed and collateralised pari passu with other indebtedness under Allwyn’s intercreditor agreement dated 16 December 2020.

The relocation has no effect on Allwyn’s workforce or lotteries and gaming operations in the Czech Republic.

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The post Allwyn International a.s. relocates to Switzerland appeared first on European Gaming Industry News.

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Gaming Americas Weekly Roundup – September 30-October 6

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Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

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Jackpot Digital, a leading manufacturer of electronic multiplayer dealerless poker tables, announced that it has received approval from the Saskatchewan Liquor and Gaming Authority (SLGA) to act as a registered supplier of gaming supplies and services to regulated casinos in the Canadian province of Saskatchewan. The approval follows the Company’s news release dated February 6, 2024, announcing the signing of a licensing agreement with the Saskatchewan Indian Gaming Authority to install the Company’s Jackpot Blitz dealerless poker ETGs into SIGA casinos.

Underdog Fantasy, one the fastest-growing sports gaming and media companies in the US, was recognised as the number 15 company on LinkedIn’s 2024 Top Startups list in the US, alongside startups recognised for employment growth, engagement, job interest and attraction of top talent. This marks the second consecutive year Underdog has made LinkedIn’s top startups list. Underdog is the only sports gaming company to make the list in 2024, and is the only sports gaming company to make LinkedIn’s list since Underdog’s founding in 2020.

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FireKeepers Casino Hotel announced the opening of the Aristocrat Gaming Lounge, a cutting-edge gaming area showcasing some of the most popular slot games by Aristocrat Gaming. The lounge is conveniently located near to the hotel lobby, offering easy access for guests. The Aristocrat Gaming Lounge houses 32 popular game titles by Aristocrat Gaming including fan favourites like Dragon Link, Buffalo, Mo’ Mummy, Whisker Wheels and more.

NIGC Compliance Officer Jo’Elle Thompson was inducted into the Emerging Leaders of Gaming (ELG) “40 Under 40” Class of 2025. The ELG “40 Under 40,” designed by The Innovation Group (TIG) in collaboration with Global Gaming Business magazine, recognises the significant contributions that gaming professionals under the age of 40 have made to the casino gaming industry. Recipients of this award are not only being honoured for their achievements, but also paving the way for the next generation of innovators and leaders in the gaming industry.

Partnerships

Fanatics Betting and Gaming has integrated a range of White Hat Studios’ award-winning games into the new online Fanatics Casino for customers in Michigan and Pennsylvania. Known for bringing branded entertainment to life, White Hat Studios will offer Fanatics Casino players access to popular slots, including the hit titles Goonies Hey You Guys and Ted Cashlock. Each title offers engaging gameplay and immersive visuals that connect players with their favourite brands.

Slotomania, the free-to-play slots game from Playtika, has announced an extended collaboration with the hit game show “Let’s Make a Deal”. From October 1 to 24, Slotomania will sponsor The Big Deal of the Day round on “Let’s Make a Deal,” offering lucky contestants the chance to win big with even more exciting prizes in the ultimate showdown of chance, luck and fun.

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Pavilion Payments, the leading omnichannel payments provider exclusively serving the gaming industry, has announced a strategic partnership with betPARX. This partnership will integrate Pavilion Payments’ cutting-edge Real-Time Payments (RTP) solution—fully supporting FedNow and RTP networks—into betPARX’s platform, revolutionising the payout experience for patrons by enabling instant access to their winnings.

The post Gaming Americas Weekly Roundup – September 30-October 6 appeared first on European Gaming Industry News.

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Pennsylvania Gaming Control Board Releases Annual Report

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The Pennsylvania Gaming Control Board (“PGCB”) has released the 18th edition of its Annual Report.

The PGCB’s 2023-2024 Annual Report provides detail on the work of the agency in regulating the Commonwealth’s gaming industry, and also includes:

  • individual revenue figures during another record-setting fiscal year for slot machines, table games, sports wagering, internet gaming, fantasy sports contests and video gaming terminals at eligible truck stops;
  • a year in review report with pertinent statistical figures from the PGCB’s key bureaus;
  • information on the PGCB’s efforts to stop adults from gambling while leaving minors unattended; and,
  • a section on problem gambling and the PGCB’s Self-Exclusion Program.

The PGCB was established in 2004 through the passage of the Pennsylvania Race Horse Development and Gaming Act. Since then, it has become one of the pre-eminent gaming regulators in the world overseeing all aspects of gambling in the Commonwealth. Currently, the number of outlets for the various types of gaming regulated by the PGCB are:

  • 17 land-based casinos;
  • 18 retail sports wagering locations;
  • 12 online sports wagering sites;
  • 22 sites for online casino-type games (slot machines, table games, poker);
  • 74 truck stop establishments with Video Gaming Terminals (VGTs); and,
  • 9 online fantasy sports contest sites.

In addition to supporting nearly 16,000 jobs at casinos, overall gaming revenue reached a record high during the fiscal year generating $5.89 billion and resulting in $2.54 billion in tax revenue.

The 2023-2024 Annual Report can be downloaded as a PDF document by choosing Organization Reports under the About PGCB tab on the agency’s website.

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