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Real Luck Group Ltd Welcomes William Moore as Chief Financial Officer

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Real Luck Group Ltd. and its subsidiary companies doing business as “Luckbox”, an award-winning provider of licensed, real-money esports and sports betting, is pleased to announce the appointment of William Moore as its new Chief Financial Officer.

An ACCA-qualified accountant with buy and sell-side M&A experience, Mr Moore joins Luckbox, leaving his position as CFO at Markor Technology, a B2B gaming company. Mr Moore has held senior finance positions at eGaming B2C operators since 2002, including with Gamesys (now Bally Technologies [NYSE: BALY]), Gala Coral Group and bwin / Party (now Entain [LSE: ENT]). During seven years on the operating Board of Gamesys, he oversaw the successful launches of Virgin Bet, Rainbow Riches Casino and Monopoly Casino.

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Luckbox CEO Thomas Rosander said: “We are delighted to welcome William to the Luckbox team at an exciting time for the Company as we target strong growth in 2022. We intend to launch our casino during this quarter, paving the way to ramp up our player acquisition efforts early in the new year. William, with his vast and relevant experience at established igaming companies, is the perfect fit to strengthen the team as we embark on this next phase of the Company’s story.”

Mr Moore said: “I strongly believe that Real Luck Group is at an inflection point where it can significantly scale player acquisition and revenues. I am confident my experience at large established operators will be a valuable asset to Luckbox as we aim to become the number one esports betting destination, with our bespoke product built specifically to meet the demands of a new generation of bettors. I’d like to thank the Board for offering me the opportunity to lend my skills to what I believe will be the number one esports betting destination.”

Mr Ran Kaspi is stepping down from the CFO position. Mr Kaspi will remain with the Company in a consulting capacity, as required, to ensure a seamless transition.

“I thoroughly enjoyed my time as Real Luck Group’s CFO,” said Mr. Kaspi. “I am proud of the entire team as they not only revamped the Luckbox platform but also supported my efforts to manage the balance sheet and costs during this transition. William is the perfect candidate to guide the Company through its next phase of enhancing marketing and striving to increase the player base. I’d like to thank everyone at Real Luck Group for making my time with the Company fun and enjoyable.”

Mr Rosander said: “I would like to take this opportunity to thank Ran for his diligent work as we have conserved our cash and streamlined resources during the recalibration of the Luckbox platform, now completed. His efforts have positioned Real Luck Group to enter the next phase of growth with a solid balance sheet and low operational costs. I’d also like to thank Ran for staying on during the CFO transition to ensure that our financial operations are minimally disrupted. We are grateful for his outstanding contribution as we look ahead to what we are anticipating to be an exciting 2022.”

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Eastern Europe

Galaxsys Teams Up with Casino UA to Expand in Europe

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Galaxsys games studio announces a new partnership with Casino UA, a leading regulated operator in Ukraine.

Galaxsys proudly enters a strategic partnership with Casino UA, one of Ukraine’s leading regulated operators. This collaboration marks a significant milestone in expanding Galaxsys’ presence in the European market. Through this partnership, Galaxsys will bring its diverse portfolio of games to Casino UA’s platform, offering players an even richer and more immersive gaming experience.

Casino UA, a trusted and regulated operator in Ukraine, is renowned for providing its growing customer base with top-tier gaming content from industry-leading suppliers. With this partnership, Casino UA continues to solidify its position as a major player in the region’s competitive gaming market.

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Teni Grigoryan, Chief Sales and Partner Management Officer at Galaxsys, commented: “This partnership is a great opportunity for us to expand in Ukraine and further strengthen our presence in Europe. By introducing our diverse range of games to Casino UA’s platform, we’re confident that we can deliver fresh and distinctive gaming experiences to the players. We’re excited about this collaboration and the long-term benefits it will bring to both companies, while also enriching the gaming offerings for players in the region.”

Oleksandr Babenko, Director of Casino UA, added: “At Casino.ua, we continuously seek partners who can enhance our gaming portfolio. Galaxsys has an outstanding reputation for delivering high-quality, engaging games, and we are excited to bring their products to our platform. This partnership allows us to further elevate the gaming experience for Ukrainian players.”

The post Galaxsys Teams Up with Casino UA to Expand in Europe appeared first on European Gaming Industry News.

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Australia

VGCCC Concludes Underage Gambling Investigation

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“Nothing can make up for the harm a Melbourne family experienced as a result of the failure by multiple operators to prevent a young teen from gambling between May 2022 and October 2023,” Victorian Gambling and Casino Control Commission (VGCCC) CEO Annette Kimmitt AM said.

Her comment followed the conclusion of VGCCC’s most comprehensive action to date for underage gambling – more than 2000 hours of investigations, 14 prosecutions against 10 entities, 98 charges and fines totalling half-a-million dollars.

The VGCCC investigation was prompted by concerns reported by the mother of the then 17-year-old, whose neurodiversity, in addition to his age, put him at high risk of gambling harm.

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Ms Kimmitt said: “I can only imagine how difficult it was for the mother to come to us and I commend her for doing so. I hope the outcomes and conclusion of these proceedings bring her some comfort, following the significant trauma she and her family have gone through.

“When industry is not diligent about complying with its legal and social obligations, the consequences for everyday Victorians can be serious and long lasting, which is why the VGCCC is determined to hold operators to account.”

The final case was heard before the Magistrates’ Court of Victoria on Thursday 13 February. Correct Bet Pty Ltd, the operator of the Coburg TAB outlet, pleaded guilty to two charges and was fined $3000 without conviction and ordered to pay VGCCC costs of $5500.

Magistrate Hodgson considered that Correct Bet had no prior convictions in 14 years of operation across multiple venues and had implemented additional measures, including staff training, mobile phone policy changes, and regular CCTV monitoring.

Separately, on Friday 7 February, Supreme Edinburgh Pty Ltd, trading as the Duke of Edinburgh in Brunswick, pleaded guilty in the Magistrates’ Court to three counts of breaching the Gambling Regulation Act 2003. The operator was fined $2500 and ordered to pay VGCCC costs of $4950.

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Ms Kimmitt said: “It is a venue’s responsibility to ensure minors do not access a designated gambling area, let alone gamble, no matter how determined or convincing a child might be.

“We welcome the outcome of these court hearings, which bring to a close all prosecutions involving this family. Unfortunately, the family’s recovery from this experience is likely to take a lot longer and leave a painful scar.”

The post VGCCC Concludes Underage Gambling Investigation appeared first on European Gaming Industry News.

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NetBet Denmark Announces New Agreement with Thunderkick

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NetBet Denmark has announced a new agreement with iGaming business Thunderkick, which will see their library of exciting games added to NetBet Denmark’s already-long list of available titles.

As an independent studio, Thunderkick has enjoyed rapid growth since its founding in 2012, disrupting a crowded market with constant innovation. Perhaps the best example of this is the numerous awards nominations the company has received. Most recently, Thunderkick was nominated for the Best Game Provider of the Year title at the Bigwinboard Awards 2023, while two of its games – “Bones & Bounty” and “The Wildos” – were also nominated for Best Online Slot of the Year as well as best feature and design at Casino Beats Awards.

While Thunderkick has plenty of exciting titles to offer, Esqueleto Explosivo 2 Reborn, Midas Golden Touch 2 and Pink Elephants 2 are among the flagship new games that NetBet Denmark players will be able to enjoy.

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Claudia Georgevici, PR manager at NetBet Denmark, said: “At NetBet, we are very selective about who we partner with, and this means that we can help make sure our players have access to the best games on the market. Thunderkick’s numerous nominations and award wins demonstrates the high quality of their titles, making them an ideal partner as we look to expand our global market reach.”

The post NetBet Denmark Announces New Agreement with Thunderkick appeared first on European Gaming Industry News.

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