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Polygon Studios Secures Hires From EA, Amazon and Others, As Web2 Talent Join Exodus to Web3

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Polygon Studios, the developer relationship arm of Polygon Technology, is helping web2 and web3 companies build decentralized apps on the Polygon chain, announces five new hires to spearhead its growth in the Web3 blockchain gaming space. The new hires join Polygon Studio’s recently appointed CEO, Ryan Wyatt, who previously headed YouTube’s Gaming vertical before migrating to the Web3 industry.
Polygon Studios’ new hires include C-level executives Michael Blank as Chief Operating Officer and Young Ko as Chief Financial Officer.
Michael Blank brings a wealth of gaming experience to Polygon Studios after almost two decades with Electronic Arts, a leading game developer and publisher. Blank served as Senior Vice President of Player Network, the company’s strategy to connect and engage EA’s more than 300 million users. In that capacity, he led global teams that drove EA’s direct to consumer digital gaming platform, social ecosystem and the rapid growth of EA Play, the publisher’s multi-platform gaming subscription. During his time at Electronic Arts, Michael held a variety of senior leadership roles, including Executive Producer for several of EA’s prominent game franchises.
Polygon Studios has also welcomed Young Ko, who cites nearly 16 years of progressive financial and entrepreneurial expertise across entertainment, music, fashion, and real estate. Young spent the past 9 years as the VP of Finance at Penske Media (brands include Rolling Stone, Billboard, Variety, and SXSW) where he oversaw the Finance, Accounting, Treasury, and Global Tax teams.
Joining Young and Mike is Urvit Goel — VP, Gaming Business Development — and Charnjit Bansi — VP, Game Design — who also cut their teeth in the Web2 arena.
Urvit brings a wealth of cross-functional experience leading teams in Finance, Marketing, and Business Development during his nearly decade long tenure at Amazon. Most notably, Urvit has experience building long term strategic partnerships with the world’s largest game publishers on a global scale. He has built and led Business Development teams driving a variety of gaming initiatives for Amazon, most recently launching Amazon’s Cloud Gaming business.
Charnjit brings over 20 years of intimate knowledge of AAA Web2 game leadership and development, all from world-class game developers including Infinity Ward and Sledgehammer Games — creators of the renowned Call of Duty franchise. Most recently, Charnjit served as Director of Product Management at Mythical Games, a game technology company and publisher of the blockchain MMO, Blankos Block Party.
Polygon Studios also welcomes gaming industry veteran and recent EA alumni, Ben Watley. Ben will serve as Senior Director of Strategy, Gaming at Polygon Studios, working closely with Young, Mike, Charnjit, and Urvit to expand Polygon’s Web3 products and services. Working alongside Ben is ex-NASA software engineer and Riot Games strategist, Will Matteson, who joins Polygon Studios as Corporate Strategy Manager.
The new hires closely follow the appointment of Ryan Wyatt as CEO of Polygon Studios after seven years spearheading YouTube’s gaming vertical.
Ryan Wyatt, CEO of Polygon Studios, said, “We’re thrilled to be attracting such high-calibre talent as we build out the dream team of Web3. The combined expertise and perspectives from both the traditional and blockchain industries will be invaluable in growing the developer ecosystem and bridging the gap between Web2 and Web3.”

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SYNOT Enters the Bulgarian Market

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SYNOT Group has successfully realized its first installation of land-based products in Bulgaria. The popular MAGIC BALL LINK jackpot system has been launched at IMPERIA Gaming Clubs in the city of Plovdiv, with three installations (a total of 12 Eclipse FL-32 machines) at three different locations.

“I would like to thank to IMPERIA Gaming Clubs for the trust and the opportunity to show the best performing products of SYNOT to the player’s audience in Bulgaria. I strongly believe that this is the beginning of a fruitful partnership which will grow in time,” said Stanislav Stanev, International Business Development Director of SYNOT Group.

MAGIC BALL LINK is a progressive jackpot system that has already gained popularity in several markets due to its attractiveness and performance. Bulgarian players can now enjoy eight exciting linked games that combine a entertaining gaming experience with the potential for significant winnings. This installation follows shortly after SYNOT Group recently obtained a license for the Bulgarian market, paving the way for further growth and expansion in the region.

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“We are happy to welcome SYNOT slot machines on our floors, and we really believe that SYNOT products will supplement our diverse offering to the players and will become an integral part of all our locations,” said Gavril Chetrafilov, Owner of IMPERIA Gaming Clubs.

The post SYNOT Enters the Bulgarian Market appeared first on European Gaming Industry News.

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Compliance Updates

UKGC Publishes Update on Financial Risk Assessments Pilot

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The UK Gambling Commission (UKGC) has published a further update on the ongoing pilot of financial risk assessments.

Written by the Director of Major Policy Projects who is leading the pilot, Helen Rhodes, the update provides information on Stage two of the pilot and the issues being explored in the final stages of the pilot.

“Financial risk assessments are a proposed way of identifying high-spending remote gambling customers who may be in financial difficulties, in order to help support them,” the Commission’s latest update on the finance risk check pilot reads.

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“This is not the same as ‘affordability checks’ – the Commission does not have any regulatory requirements for affordability checks and is not proposing any. Financial risk assessments would be a much more targeted way of identifying potentially financially vulnerable customers. They would not affect a customer’s credit score if they were introduced in the future.”

Key Points Covered by the Update

The UKGC says that the pilot has given it a better understanding about the financial risk profile who met the thresholds. These customers were found to be between twice and four times more likely to have a debt management programme than those who didn’t meet the thresholds, and more between twice and five times more likely to have a default in the last 12 months.

The most remarkable is the fact that the data has reinforced the UKGC’s view that the finance risk checks will be as non-intrusive and frictionless as possible. According to the UKGC’s estimations, only 0.1% of customers would be subject to a non-frictionless assessment.

It also says that 95% of assessments carried out in stage one were possible in a frictionless matter, with this figure rising to 97% in stage two, where the total number of risk assessments carried out across three credit reference agencies rose from 860,000 to 1.7 million.

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The analysis phase of stage three of the pilot is expected to continue into the summer, after which the UKGC will move into stage four.

NatCen is continuing to work as the UKGC’s evaluation partner on this pilot and post-pilot analysis work.

Director of Major Policy Projects, Helen Rhodes, said: “These further findings from the pilot have helped us understand the extent that assessments could be conducted in a frictionless manner.

“Building on our staged approach to the pilot, we will now further explore data consistency across credit reference agencies, as well as how to support operators to identify the severity of financial difficulties that a customer may be experiencing and how they could support these customers.”

The post UKGC Publishes Update on Financial Risk Assessments Pilot appeared first on European Gaming Industry News.

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Compliance Updates

Irish Politician Philip McGuigan Calls for Urgent Action on Gambling Harm Treatment

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Sinn Féin MLA Philip McGuigan, Chair of The All Party Group on Reducing Harm Related to Gambling, has called for urgent government action following the publication of a report presenting the findings from the 2024 Gambling Prevalence Survey, commissioned by Department for Communities, which reveals alarming levels of gambling-related harm in the north.

Speaking in the Assembly, McGuigan said what is perhaps most alarming from the survey’s findings, is the low number of people seeking help. Only 1% of those who gamble reported accessing support or information from gambling or mental health services.

He said: “The Minister of Health must act without delay to commission dedicated gambling treatment services. With existing addiction services already under pressure, additional funding is essential. The findings of this survey point to a serious gap in provision for addiction treatment in the north. The need is clearly there, but people aren’t getting the help they need.”

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According to the “Prevalence of Gambling in Northern Ireland 2024” report, 3% of the population are experiencing severe gambling-related harms, while a further 10% are considered low or moderate risk gamblers. Shockingly, approximately one in seven adults who gambled in the past year admitted to betting more than they could afford to lose. Additionally, one in eight reported needing to gamble increasing amounts to achieve the same level of excitement, and nearly one in 12 said gambling had caused health problems such as stress and anxiety.

McGuigan said: “These figures are deeply concerning and underscore the serious social and public health implications of gambling addiction. This isn’t just about individuals losing money; it’s about broken families, damaged relationships, and communities struggling with the fallout of gambling harms.”

The survey also found that 10% of people affected by gambling had experienced the breakdown of a close relationship due to someone’s gambling, highlighting the wider ripple effects of the issue.

To address the funding gap, McGuigan is also calling on the Minister for Communities to bring forward the promised levy on land-based gambling operators without delay.

“Calling the Minister for Communities to introduce a levy is a fair and necessary step. The industry profiting from gambling must contribute to the prevention and treatment of gambling harm,” he said.

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McGuigan also criticised the British Government for excluding Northern Ireland from the proceeds of the statutory levy on gambling operators introduced in Britain on 6 April. This levy is intended to fund research, prevention and treatment of gambling-related harm.

“Online gambling operators licensed by Britain’s Gambling Commission are freely advertising and profiting here in the North. Yet, our population is completely excluded from the financial benefits of the statutory gambling levy on these operators. That is unacceptable. Executive Ministers must demand that the North receives its fair share of this funding,” McGuigan said.

The survey further revealed that 66% of respondents believe there are too many gambling advertisements, and 71% support a watershed for gambling ads on TV and radio.

McGuigan is now urging the Secretary of State for Culture, Media and Sport, Lisa Nandy MP, to use her powers to implement tighter advertising restrictions, including a TV and radio watershed to limit exposure to gambling content during peak viewing times.

“The public clearly wants action. The evidence is there. We must act now to protect individuals and families from the devastating consequences of gambling addiction,” he said.

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The post Irish Politician Philip McGuigan Calls for Urgent Action on Gambling Harm Treatment appeared first on European Gaming Industry News.

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