Central Europe
IGT Announces Agreement to License Exclusive IP Rights for GALAXIS, SYSTEM2Go and Associated Software and Hardware to Modulus
IGT streamlines its systems product line to focus on IGT ADVANTAGE
International Game Technology PLC today announced that its subsidiaries IGT Europe B.V., IGT Austria GmbH, and IGT Germany Gaming GmbH have entered into a strategic agreement to exclusively license the intellectual property for its GALAXIS casino central management systems (CMSs) to Modulus S.a.r.l.
The agreement, effective Dec. 18, 2020, permits Modulus to commercialize and distribute GALAXIS and SYSTEM2Go and IGT’s existing inventory of related legacy hardware to Modulus customers in all territories excluding North America. Modulus will also be able to develop source code for these products, and will provide ongoing maintenance services to existing GALAXIS and SYSTEM2Go customers.
“Driven by decades of IGT’s proven casino systems experience, GALAXIS and SYSTEM2Go solutions have earned a strong reputation as solutions that drive efficiencies on international customers’ gaming floors while elevating player engagement,” said Willy de Bruyn, President, Modulus. “GALAXIS’ range of flexible modules integrate effortlessly with SYSTEM2Go, an affordable and scalable CMS suited to single and multi-site gaming venues that does not require a significant IT infrastructure investment and extensive training to operate. These solutions are a significant strategic addition to our product portfolio, and SYSTEM2Go will continue to be especially transformational for smaller, cost-conscious international operators.”
“As the supplier of the industry’s most advanced systems solutions, IGT has decided to exclusively license the IP of its successful legacy GALAXIS and SYSTEM2Go solutions to Modulus to eliminate duplicative efforts and resources required for us to manage multiple sets of CMS products. This will optimize our focus on the development, deployment, and customer service activities for our innovative IGT ADVANTAGE CMS and associated products, including our industry-leading Resort Wallet mobile cashless solutions,” said Mark MacCombie, IGT Vice President, Sales and Operations, EMEA. “IGT and Modulus have collaborated on a robust transition plan that will ensure current GALAXIS and SYSTEM2Go customers continue to seamlessly experience the high-quality service, maintenance and support they’ve come to expect.”
The transaction is subject to customary closing conditions, including regulatory approvals.
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Central Europe
NOVOMATIC once again honored with the “Business Superbrands Austria Award”
The world’s largest independent brand evaluation organization, Business Superbrands Brand Council, has once again recognized NOVOMATIC as one of Austria’s strongest brands for the year 2024/2025.
The prestigious award is given to brands that have built up an outstanding image in their market segment and clearly stand out from their competitors. After a pre-selection by the credit rating service provider Bisnode D&B, an independent panel of experts decides on the awarding of the title. NOVOMATIC’s exceptional brand strength and innovative power were convincing and underlined our success on both the domestic and international markets.
Stefan Krenn, Executive Board Member of NOVOMATIC AG, accepted the award from András Wiszkidenszky, Superbrands Regional Director, and emphasized: “This award underlines our strong market position and the continuous pursuit of innovation and excellence in the international gaming industry. At the same time, it is a sign of appreciation for the extraordinary commitment of our employees, who contribute to the success of the NOVOMATIC brand every day.”
András Wiszkidenszky added: “The Superbrand award underlines the economic appeal of the NOVOMATIC brand. Congratulations on the outstanding brand management and strong positioning that have made NOVOMATIC one of the strongest brands in Austria.”
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Central Europe
DSWV further expands its network: performanceLiebe and Kerberos Compliance become new partners
The German Sports Betting Association (DSWV) is pleased to announce the addition of two new partners as of December 2024: performanceLiebe and Kerberos Compliance. With this step, the association is underlining its commitment to an innovative and future-oriented sports betting industry.
“We are very pleased that performanceLiebe and Kerberos Compliance have joined.”says DSWV President Mathias Dahms.
“Both companies ideally complement our partner network and offer our members valuable services. With their expertise, we can further strengthen the competitiveness of the German sports betting industry.”
Rainer Naranjo, Managing Director of performanceLiebe emphasizes: “We see the collaboration with the DSWV as a great opportunity to use our expertise in link building for the sports betting industry. Through targeted search engine optimization measures and the creation of relevant backlinks, we can help to increase the visibility of DSWV members.”
Christian Tsambikakis, Managing Director of Kerberos Compliance, adds: “Compliance with the complex money laundering regulations is of central importance for companies in the sports betting industry. We look forward to contributing our expertise to the cooperation with the DSWV and helping its members to meet their compliance requirements even more efficiently and reliably.”
performanceLiebe is the leading link building agency since 2009 with more than 200,000 link sources in over 50 countries, specializing in the sports betting industry. With innovative link building strategies, performanceLiebe ensures more traffic and higher rankings in the search engines.
Kerberos Compliance is a leading provider of compliance solutions that helps companies meet the complex requirements of the Anti-Money Laundering Act and the GDPR. With customized solutions and in-depth industry knowledge, Kerberos Compliance ensures maximum security and transparency.
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Central Europe
Dr. Dorian Freudenreich is the new Vice President Business LOTTO24 and designated member of the Management Board of LOTTO24 AG
Dr. Dorian Freudenreich is the new Vice President Business LOTTO24 and thus responsible for the entire lottery brokerage business of the ZEAL group in Germany. Freudenreich reports directly to ZEAL CEO Helmut Becker. In his position, he will be responsible for the operational management and financial performance of the two end customer brands LOTTO24 and Tipp24 as well as their strategic development. Freudenreich will also become a member of the Management Board of LOTTO24 AG with effect from 1 January 2025.
With Freudenreich, ZEAL has hired a founder and e-commerce expert with many years of experience. Before joining ZEAL, Freudenreich was head of German sales and data management at the pan-European online pharmacy Atida. Prior to that, he founded and managed the start-up Apparently Different. After completing his doctorate, Freudenreich began his career as a management consultant at McKinsey.
“I am grateful for ZEAL’s trust and am looking forward to the challenge,” says Dorian Freudenreich. “Lottery brokerage in Germany is by far ZEAL’s most important business segment. LOTTO24 and Tipp24 are two strong end customer brands with a lot of potential for further growth. My focus will be on continuously developing the performance of the business of both brands together with the team and promoting strategic potential in lottery brokerage in Germany.”
“Dorian Freudenreich has both founding experience and extensive knowledge in the holistic management of established e-commerce businesses,” says Helmut Becker, CEO of ZEAL. “Managing strong brands such as LOTTO24 and Tipp24 and strategically developing their business requires a great deal of experience and operational knowledge. We are delighted to have found the ideal person in Dorian to help our lottery brokerage in Germany achieve even stronger growth.”
The post Dr. Dorian Freudenreich is the new Vice President Business LOTTO24 and designated member of the Management Board of LOTTO24 AG appeared first on European Gaming Industry News.
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