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Fieldfisher advises SuperScale on multi-party VC transaction
The European law firm assisted the games industry service company, which works with some of the best mobile games companies in the world, on a complex transaction conducted under Polish law.
European law firm Fieldfisher has closed a multi-party venture capital transaction for games industry service company, SuperScale sro, involving a significant investment from Level-Up First S.àr.l., a leading Luxembourg VC fund specialising in mobile games companies.
The transaction was conducted under Polish law in collaboration with Warsaw-based B2RLaw, which represented SuperScale Poland and SuperScale’s founder and CEO, Ivan Trančik, on the investment from Level-Up and related matters, as well as a number of international angel investors into SuperScale.
Before the transaction, Ivan Trančik and BoomBit (a software publisher listed on the Warsaw Stock Exchange) held 100% of shares in SuperScale, a Polish company financing the operations of its 100% owned Slovakian subsidiary.
SuperScale is a fast growing video and computer games market consultancy with a growing portfolio of international clients. The company specialises in providing services related to mobile game business analytics, game design consulting, and mobile game user acquisition, with creative production services.
With support from Fieldfisher, which provided crucial industry and commercial expertise, B2R took a leading role in the transaction, negotiating the investment from Level-Up and angel investors into SuperScale; advising on restructuring of debt, and the sale of part of BoomBit’s shares. It also advised in respect to the new shareholders’ agreement with the new lead investors, the current shareholder (BoomBit) and minor co-investors.
As a result of the transaction, SuperScale will issue 712 new preferred shares with a nominal value of PLN 50 each, which will be offered for subscription and subscribed for by Level-Up First S.àr.l. and other minority investors. The transaction also included the drafting and negotiation of a share purchase agreement, pursuant to which SuperScale sold to investors jointly 150 shares in SuperScale at a price of €3,150.07 per share.
B2RLaw worked closely with the team from Fieldfisher’s London office, led by corporate partner Brian Chadwick, a leading expert in the international games sector
Commenting on the deal, Fieldfisher partner Brian Chadwick said:
“We were delighted to work with the brilliant team at B2R and lead the client and investor relationship aspects of this deal, providing crucial industry and commercial expertise along the way.
“Together, we delivered a combination of legal, commercial and industry expertise distinguishing us for our unique ability to support Polish/CEE games companies locally and internationally and connect local companies with international counterparts and investors.
“The mobile gaming industry and the surrounding service sector continues to be a strong growth area in Europe and globally and we look forward to closing further deals for clients in this exciting market.”
B2R’s team was led by partner Aleksandra Polak, supported by partners Szymon Syp, PhD and Przemysław Krzemieniecki; senior associates Iga Wojtczak-Opala and Piotr Leonarski; associates Krystyna Jakubowska and Teresa Pilecka; and junior Associate Martyna Szpakowska.
Slovak aspects of the transaction were managed by Jakub Berthoty from Digital Legal in Bratislava.
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Bryndís Hrafnkelsdóttir
NOVOVISION Implemented at the University of Iceland Lottery
The University of Iceland Lottery UIL (Happdrætti Háskóla Íslands) was established in 1933 for the purpose of funding the university buildings as well as the purchase of research equipment and other supplies. It is licensed to operate three types of lotteries in the Icelandic market: the traditional class lottery that was established upon its foundation, instant scratch cards, and some 500 gaming terminals which are currently operated in 19 venues across Iceland. Lottery games are very popular in Iceland and generally used as a means of raising money for community purposes.
The University of Iceland Lottery UIL (Happdrætti Háskóla Íslands) has implemented a new platform for gaming terminals in an aim to improve operational efficiency while ensuring a responsible approach to gaming. In a public tender, NOVOMATIC was chosen as the provider of the new CMS: NOVOVISION is the selected management solution, comprising in phase one a variety of functionalites including slots accounting, TiTo, AML, Business Intelligence and the NV smart Staff App in addition to providing the required IT infrastructure for all UIL venues. More system functionality is to be added at a later stage.
The system roll-out across all 19 venues was achieved in a timely manner during ongoing operations and with minimum disruption to the players. Apart from the manifold new functionalities on the operator side, the high level of system integration allows UIL customers to now redeem their tickets online via the UIL Players’ App directly to their bank accounts.
Fabian Schnötzinger, Market Coordination NBS, said: “This was a very special project that yielded immediate progress in ongoing operations. Gaining an in-depth understanding of the on-site requirements and implementing the integration together with the UIL team was a very positive experience for us, knowing that NOVOVISION would generate significant value in several areas. It was also the expertise and high level of commitment of the UIL team that made this project special: They addressed topics openly, provided quick feedback and made time in their schedules for implementation. This reliability and hands-on approach were real success factors. I am already looking forward to our cooperation in the next stages of the NOVOVISION implementation.”
“We are pleased to announce our collaboration with NOVOMATIC on this project. Slot machines are an important part of our business, and this technology will provide us with better access to information, helping us to responsibly manage our operations and enhance the player experience,” said Bryndís Hrafnkelsdóttir, CEO of UIL.
“The integration of the NOVOVISION platform has proceeded smoothly due to effective planning and great collaboration between UIL and NOVOMATIC. This platform offers features that will support us in making informed decisions without compromising our commitment to responsible gaming. As we move forward, we see opportunities to expand our service offerings and develop new solutions, including the upcoming implementation of electronic player cards. With NOVOVISION, we are well positioned to address the evolving needs of our customers while maintaining our focus on responsible gaming practices. This new platform is a key element of our strategy to enhance our operations and support our mission in the gaming market,” she added.
The post NOVOVISION Implemented at the University of Iceland Lottery appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Balkans
Expanse Studios Signs Content Distribution Deal with Lobbet
Expanse Studios, a subsidiary of Golden Matrix Group, has signed a content distribution agreement with Lobbet, a licensed sports betting and iGaming operator in Montenegro and part of the Fortuna Entertainment Group (FEG). The distribution will be delivered through DualSoft, a leading aggregation platform with an established footprint across regulated European markets.
Under the agreement, Lobbet will integrate Expanse Studios’ proprietary iGaming content into its online offering, expanding the availability of Expanse titles within the Montenegrin regulated market. DualSoft will facilitate distribution and technical integration, enabling scalable deployment across its broader operator network.
The transaction further strengthens Expanse Studios’ presence in regulated European markets and supports Golden Matrix Group’s broader B2B growth strategy. DualSoft represents a high-potential distribution channel, serving more than ten active operators across multiple regulated jurisdictions, with additional expansion planned.
Lobbet operates in Montenegro as part of Fortuna Entertainment Group, one of the largest betting operators in Central Europe, which recently entered the Montenegrin market through the acquisition of Lob, reflecting growing institutional confidence in the country’s regulated gaming sector.
“This agreement reflects our approach to regulated market expansion across Europe, through scalable B2B distribution. Working with DualSoft allows us to reach high-quality operators such as Lobbet while creating optionality across a broader network of regulated markets. Our focus remains on disciplined growth through partners that operate within clear regulatory frameworks,” said Damjan Stamenkovic, CEO of Expanse Studios.
The post Expanse Studios Signs Content Distribution Deal with Lobbet appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Andrew Rhodes
Andrew Rhodes to Step Down as CEO of UK Gambling Commission
The UK Gambling Commission has announced that Andrew Rhodes has decided to leave the Commission on 30 April 2026, to take up a new role, which will be announced in due course.
Andrew has provided outstanding leadership of the Commission for almost five years and has overseen a transformation of the Commission and how it regulates the gambling Industry.
Andrew has led the work required from the Commission to implement the Gambling Act Review, with a strong focus on consumer safeguards. This has included the introduction of financial vulnerability checks, reducing the intensity of online games, and banning potentially harmful marketing offers. He has also overseen the introduction of the Gambling Survey for Great Britain, now one of the largest surveys of gambling behaviour in the world.
Amongst his other achievements, Andrew oversaw the successful implementation of the Fourth National Lottery licence and transformed the Commission’s approach to regulation through more robust and outcome-focused strategies.
He said: “It has been a privilege to lead the Gambling Commission through such an important period of change. I am proud of the progress we have made to strengthen regulation, improve consumer protections, and ensure gambling is safer and fairer. I leave with confidence in the organisation, its people, and the work still to come.”
Charles Counsell, Interim Chair of the Gambling Commission, said: “Andrew has provided outstanding leadership for nearly five years and leaves a strong legacy. He has led the Commission through major reform, strengthened our regulatory approach, and ensured consumer protection has remained at the heart of our work. On behalf of the Board, I would like to thank Andrew for his dedication and wish him every success in the future.”
The Commission will shortly begin the process of recruiting a Chief Executive for an interim period. Deputy Chief Executive Sarah Gardner will step up as Acting Chief Executive to cover the areas of work that Andrew will step back from during this transitional period.
The post Andrew Rhodes to Step Down as CEO of UK Gambling Commission appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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