Latest News

Tekkorp Capital Creates Advisory Arm: ex-William Hill Online Chief Crispin Nieboer Joins Expanded Team as Partner

Published

2 years ago

April 4, 2022

Reading Time: 2 minutes

Tekkorp Capital, the investment vehicle set up by gaming entrepreneur Matt Davey, has announced that it is adding a new advisory arm. Tekkorp Capital will now provide strategic advice to the fast-growing global igaming, digital sports betting, and Web 3.0 ecosystems. Tekkorp Capital has a powerful track record of investing in fast-growing and innovative companies, both public and private, and adding advisory services to businesses where the partners can make a material difference is the logical next step.

Tekkorp Capital’s recruitment drive is headlined by Crispin Nieboer, the former CEO of William Hill’s online gaming business and Group Director of Global M&A. While leading Corporate Development for William Hill, Nieboer helped deliver a string of deals in the US including the $2.9bn sale of William Hill PLC to Caesars Entertainment, and the pending $3bn sale of William Hill’s non-US business to 888 Holdings.

Crispin Nieboer commented: “The opportunity to join up with such an impressive group of people at Tekkorp Capital does not come along very often. As a team, we have advised or executed on over $24bn of deals in the digital gambling sector to date. All of us have held CEO, MD or CFO roles at major digital operators, as well as having distinguished M&A backgrounds. This knowledge of what works from an operator standpoint in M&A is the real key difference between Tekkorp Capital and other advisory firms in our industry.”

Exemplifying Tekkorp Capital’s hands-on experience is its President, Robin Chhabra, whose past decade in the digital gaming landscape has seen him at the forefront of some of the sector’s era-defining deals. While serving as The Stars Group’s Chief Corporate Development Officer, he led the acquisition of Sky Betting and Gaming from CVC Capital Partners and Sky plc, Europe’s largest media company, in a transaction valued at $4.7 billion and TSG’s subsequent $12.2 billion merger with Flutter Entertainment. Tekkorp’s CFO Eric Matejevich is a veteran CFO/COO of multiple gaming companies including NYX, Atlantic Club, Resorts International and Cannery Casino Resorts and was latterly the Interim CEO for Ocean Casino Resort in Atlantic City, leading its successful turnaround effort.

Tekkorp Capital also welcomes as Partner the media and gaming specialist and entrepreneur, Andy Clerkson. Clerkson had an illustrious career in US publishing before founding gambling tech firm Grand Parade, and being engaged as strategic adviser to The Stars Group, William Hill and Flutter in the USA. The team is completed by two associate partners. Roger Lu, who leads Tekkorp’s Cryptocurrency and Blockchain initiatives, working with crypto entrepreneurs to scale their businesses. And former PokerStars executive, Tarvi Randver, who provides strategic operational advice to Tekkorp clients and portfolio companies.

“Tekkorp Capital has been inundated with requests from multinational corporations through to innovators in the global digital gaming sector to provide strategic advice. We have now assembled a team with an unrivalled blend of M&A and operational leadership experience to ensure we can provide the best possible guidance on a range of complex issues facing executives in the sector today,” said Matt Davey, the founder and CEO of Tekkorp Capital.

Tekkorp Capital also manages Tekkorp Digital Acquisition Corp. The NASDAQ-listed blank check company (or SPAC) seeks high growth businesses that will benefit from transformative expertise and access to the world’s largest public capital markets.

eSports

L&G esports team founded by Alona Shevtsova won the national Dragon EC Cup tournament

Published

8 mins ago

April 24, 2024

Zoltan Tundik

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Ukrainian esports team L&G won the Dragon EC Cup tournament, held on the 20th of April by Dragon Esports Club. Four teams competed in the tournament’s final: Lazer Cats, L&G, which received a direct invitation to the final stage, EsportsBattle, and ThunderFlash, which had open qualifiers. During the Grand Final, the L&G team competed with Lazer Cats on Mirage, Anubis, and Vertigo maps.

“This victory is a testament to the exceptional talent and commitment of our players, as well as the collective effort of our coaching staff and support personnel,” said Alona Shevtsova, founder of L&G Esports. “We are immensely proud of their accomplishments and grateful for the unwavering support of our fans.”

L&G is among the top 5 Ukrainian teams in Counter-Strike: Global Offensive. It was founded in 2021. The previous name was Leogaming, and it was created on the initiative of the famous Alona Shevtsova from the fintech sector.

The team began competing in top tournaments and almost immediately made it to the Advanced division of the ESEA League Europe competition. The team also participated in and took prizes in European tournaments such as the SCL League, WhiteBit Crypto Open, Phoenix League, and local competitions. The team players are marat2k, r0ublE, kr1vda, kL1o, OneUn1que, rji (coach).

The winners received a 50,000 UAH prize. Dragon Esports Club also prepared a 15-skin giveaway for the broadcast’s viewers.

It is worth mentioning that the L&G team created its merch items, which are available for order worldwide. To get more information about the team, visit the L&G Instagram page, Twitch, or Telegram Channel.

The post L&G esports team founded by Alona Shevtsova won the national Dragon EC Cup tournament appeared first on European Gaming Industry News.

Africa

Hub88 partners with LiveGames to enhance content offering

Published

1 hour ago

April 24, 2024

George Miller

hub88-partners-with-livegames-to-enhance-content-offering

Reading Time: < 1 minute

Hub88 has partnered with live casino supplier LiveGames, further strengthening its product offering by adding a unique range of content to its platform.

LiveGames provides fully customisable online live dealer games and branded tables including the first vertical roulette table in the sector, along with crash games and the widely played Tombola.

The supplier delivers experiences with a player-focused design, easy to use mobile interface, and high-resolution broadcasts.

The partnership will support LiveGames’ goal to further expand in international markets, including Africa, Asia, and Latin America where Hub88 has a strong presence.

The deal showcases Hub88’s commitment to grow its ecosystem of partners, offering a diverse portfolio of products and content.

Ollie Castleman, Head of Hub88, said: “We’re thrilled to unveil this strategic partnership with LiveGames which sees us add a great provider to our platform, one that utilises modern technology to offer bespoke and personalised gaming experiences to players.

“We are looking forward to collaborating and strengthening our content library with their diverse games.”

The LiveGames Team said: “Our journey started in a small studio and as a team, we are excited about now expanding to every corner of the world together with Hub88 and their extensive operator network.

“We are committed to promoting innovation in the industry and this partnership will support us on that mission.”

The post Hub88 partners with LiveGames to enhance content offering appeared first on European Gaming Industry News.

Balkans

Wazdan marks Croatian market entry with PSK partnership

Published

1 hour ago

April 24, 2024

George Miller

wazdan-marks-croatian-market-entry-with-psk-partnership

Reading Time: 2 minutes

Wazdan, the gain-focused developer behind some of the world’s most rewarding casino game experiences, has entered the Croatian market after signing with PSK, a leading operator in the country.

The provider is taking some of its most acclaimed slots live with the operator, including player-favourites such as 9 Coins™ 1000 Edition, Hot Slot™: Magic Bombs, Burning Stars 3™, which will become available to Croatian players for the very first time.

A prominent operator in the country since 1998, PSK is part of the internationally-known Fortuna Entertainment Group. With over 900 employees and a constantly growing player base, the brand is set to enrich its content offering with Wazdan’s titles.

Croatia marks the newest market entry for Wazdan, which further boosts its impressive European performance as a result of this deal. More partnerships in the country are expected to be announced in due course.

Radka Bacheva, Sales and Business Development at Wazdan: “Croatia is a country that boasts a fantastic amount of potential, so we’re delighted to be entering the market for the very first time with PSK, a top-tier operator.

“We’re bringing a range of our top-performing titles to its platform, and are excited to see the reception from Croatian players towards our mechanics. We’re confident this will be the start of a successful collaboration.”

Martina Pehar, Group Product Specialist at PSK said: “It’s an honour to welcome Wazdan to the Croatian market for the first time as part of this deal – we’ve seen the reception to their dynamic slots across the world, and we’re thrilled to be bringing them to our players.

“Wazdan bring a fantastic collection of their titles to our platform, including standouts such as Power of Gods: Hades and Clover Lady, that we’re sure our customers are going to embrace. We look forward to seeing the results!”

The post Wazdan marks Croatian market entry with PSK partnership appeared first on European Gaming Industry News.