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Spanish Government committed to the video game sector as a lever for economic recovery

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  • Spanish Prime Minister Pedro Sánchez has expressed the support of the national Government to the video game sector, as a leading sector in the digital economy, emphasizing its double “cultural and industrial” component in the presentation of the Recovery Plan of the Spanish Economic, which took place last week in the Moncloa Palace, with the participation of AEVI.
  • The Recovery, Transformation and Resilience Plan includes the historical commitment to “position Spain as a reference center for the video game sector, by promoting the recruitment of investors and talent, by simplifying requirements and by promoting the ecosystem of companies and professionals in the area of production in
  • Spanish and other languages”, together with the audiovisual production industries.
    In its permanent dialogue with the Government, AEVI has been calling for a commitment to the video game sector as a lever for economic reconstruction by creating an attractive ecosystem for investment in Spain through the extension of tax incentives for other cultural industries to the production of video games.

Spanish Prime Minister Pedro Sánchez personally expressed the support of the Government of Spain to the video game, as a leading sector in the digital economy, emphasizing its double “cultural and industrial” aspect in the presentation of the Recovery Plan of the Spanish Economic, that took place last wednesday in the Palace of the Moncloa, with the participation of Alberto González Lorca and José María Moreno, president and general director of the Spanish Association of Video games (AEVI) respectively, who attended as representatives of the video game sector.

AEVI has been permanently encouraging the Government to support the video game as a lever for reconstruction by creating an attractive ecosystem for investment in Spain through the extension of tax incentives of other cultural industries, by reforming the Corporate Tax Law. These deductions are already applied to film productions, audiovisual series or live performances of performing arts and music, significantly improving their competitiveness. In addition, this is a tax framework that is already established in several leading countries in our environment as France, United Kingdom or Italy and major powers in the sector as Canada and the United States.

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Bragg Gaming Group

Kunal Mishra Joins ODDSworks as Chief Operating Officer/Chief Strategy Officer

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ODDSworks, a North American iGaming technology and content provider, announced that Kunal Mishra has been appointed as Chief Strategy Officer and Chief Operating Officer, enhancing its leadership team.

Prior to joining ODDSworks, he was Chief Operating Officer – Americas, for Bragg Gaming Group where he was instrumental in expanding the company’s day-to-day business operations throughout America.

Mr. Mishra came to Bragg via their acquisition of Spin Games LLC where he held the position of President and Chief Financial Officer. Spin Games was a pioneer in the North American iGaming space and he managed the company’s strategy, finances, and operations, along with being a partner in the company.

In his new role with ODDSworks, Mr. Mishra will be tasked with leading the Company’s growth and will be responsible for the overall strategy. He will help lead the ongoing execution of ODDSworks’ plans.

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Larry DeMar, President of ODDSworks, said: “We are incredibly fortunate to bring a generational talent like Kunal to the ODDSworks’ team. We expect great vision and leadership as we drive forward with new markets and operators.”

“Having evaluated the opportunities in the iGaming market, I am excited to take on this role to further ODDSworks evolution and momentum. As demonstrated by the Company’s progress including an expansion into new markets and focus on delivering high-performing iGaming content – ODDSworks has already established a framework to deliver consistent growth. I look forward to contributing to our long-term success,” Mr. Mishra said.

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Deloitte Private

Seminole Gaming/Hard Rock International Named a 2024 US Best Managed Company

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Seminole Gaming / Hard Rock International have been selected as a US Best Managed company for the fourth consecutive year. The award, sponsored by Deloitte Private and The Wall Street Journal, recognizes the achievements of U.S. private companies and the successes of their management teams.

“We are proud to be selected a US Best Managed Company in this prestigious program for the fourth year in a row. This is continued recognition for our leaders and team members around the world who create a great place to work and build a career, while providing a memorable guest experience across Hard Rock and Seminole Hard Rock casinos, hotels, resorts, cafes and Rock Shops,” Jim Allen, Chairman of Hard Rock International and CEO of Seminole Gaming, said.

US Best Managed Companies is part of a global Deloitte Private program. Honorees are selected by an external panel of judges who evaluate applicants based on strategy, ability to execute, culture, governance, and financial performance. They join an ecosystem of organizations from more than 44 countries.

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1spin4win Unveils “Treasure Hunt” Network Promotion for Online Casinos

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1spin4win, a renowned provider of online casino games, announced the launch of its new network promotion, “Treasure Hunt”. Set to run from June 1 to 9, 2024, this thrilling event invites players on an enchanting adventure across 11 captivating games, with a total prize pool of €20,000 waiting to be claimed.

The nine-day “Treasure Hunt” promotion is designed to significantly enhance player interest and engagement, boost GGR and betting volume, and elevate the brand image of participating online casinos. Players will have the chance to win one of 515 randomly awarded cash prizes, adding an extra layer of excitement to their gaming experience.

Each bet placed during the promotion can result in a maximum of one prize, with no limit on the number of prizes a player can win. Notably, all prizes are deducted from the GGR prior to invoicing, ensuring a smooth and transparent process for operators.

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The “Treasure Hunt” promotion features a stellar lineup of participating games, including Sun Treasure, Lucky Robbery, Cash the Gold Hold and Win, Cash the Gold, Mega Cash the Gold, Hold the Gold, Book of Corsairs, Lucky Jane & Aztec Book, Lucky Jane in Egypt, Lucky Gold Miner and Dolphin’s Wealth.

To cater to a global audience, all participating titles support 16 fiat and cryptocurrencies, including EUR, USD, BTC, ETH, LTC and USDT.

The post 1spin4win Unveils “Treasure Hunt” Network Promotion for Online Casinos appeared first on European Gaming Industry News.

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