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Upcoming Annual General Meeting in LeoVegas – Board withdraws proposals on dividend and incentive program, nomination committee presents its proposal
![](https://recentslotreleases.com/wp-content/uploads/2022/05/upcoming-annual-general-meeting-in-leovegas-board-withdraws-proposals-on-dividend-and-incentive-program-nomination-committee-presents-its-proposal.jpg)
In light of MGM Casino Next Lion, LLC’s (“MGM”) public takeover offer to the shareholders in LeoVegas AB (publ) (“LeoVegas” or the “Company”) that was made public on 2 May 2022 (the “Offer”), the board of directors of LeoVegas has resolved to withdraw its previously communicated proposals on dividend and an incentive program ahead of the annual general meeting on 19 May 2022.
Dividend and incentive program
The board of directors notes that:
- as regards dividend, MGM has stated that in the event that LeoVegas should pay any dividend prior to the settlement of the Offer, the price per share in the Offer will be reduced correspondingly. Since the dividend, in accordance with previous years, is proposed to be distributed in four tranches, the board of directors finds that the consideration in MGM’s Offer will be clearer and simpler to LeoVegas’ shareholders if no dividend is paid before the outcome of the Offer has been presented; and
- as regards the proposal on an incentive program, the implementation of such a program would not serve its purpose and not be in the Company’s best interest if MGM completes the Offer.
In case MGM’s Offer to the shareholders in LeoVegas is not completed, the board of directors intends to summon an extraordinary general meeting to resolve on dividend and implementation of an incentive program.
The nomination committee’s proposals
LeoVegas’ nomination committee has now completed its work ahead of the annual general meeting and presents the following proposals:
- that the board shall consist of seven directors;
- that the current directors Per Norman, Anna Frick, Mathias Hallberg, Carl Larsson, Fredrik Rüden, Torsten Söderberg and Hélène Westholm are re-elected;
- that Per Norman is re-elected as chairman of the board;
- that the remuneration to the board of directors shall be not more than SEK 3,000,000 in total, including remuneration for committee work (SEK 3,000,000 previous year), and shall be paid to the board of directors and the members of the established committees in the following amounts:
- SEK 325,000 for each of the non-employed directors and SEK 650,000 to the chairman provided that the chair is not an employee;
- SEK 50,000 for each of the non-employed members of the remuneration committee and SEK 100,000 to the chairman of the committee who is not also an employee; and
- SEK 50,000 for each of the non-employed members of the audit committee and SEK 100,000 to the chairman of the committee who is not also an employee; and
- that the registered audit firm PricewaterhouseCoopers AB is re-elected as the company’s auditor for a period up until the end of the next annual general meeting. PricewaterhouseCoopers AB has announced its appointment of Niklas Renström as main responsible auditor.
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Xanada Investments Announces the Launch of the Xanada Pitch Contest 2025
![xanada-investments-announces-the-launch-of-the-xanada-pitch-contest-2025](https://recentslotreleases.com/wp-content/uploads/2025/02/144457-xanada-investments-announces-the-launch-of-the-xanada-pitch-contest-2025.png)
$50,000 Investment Prize & Global Exposure Await the Next Big iGaming Startup
Xanada Investments announced the launch of the Xanada Pitch Contest 2025, a global competition aimed at supporting iGaming startups seeking investment and growth opportunities in partnership with NEXT.io and Lilith PR Agency.
The contest offers a $50,000 equity investment to the winning startup, along with strategic mentorship, industry connections, and marketing support.
The competition will follow a two-stage selection process. From February 10 to April 1, 2025, startups can submit their applications online. Following the initial evaluation, the top five finalists will be announced on April 10, 2025, and will proceed to a live pitch event at the NEXT Summit in Valletta on May 8, 2025.
A Panel of Experts Will Choose the Winner
The final five startups will pitch their ideas live on stage at NEXT Valletta to a distinguished panel of judges, including:
- Vladimir Malakchi – CEO & Managing Partner, Xanada Investments
- Pierre Lindh – Co-founder & Managing Director, NEXT.io – The World’s iGaming Community
- Dmitry Belianin – CEO & Founder at Belianin, Co-founder & Managing Partner at Blask
- A Secret Judge – To be revealed soon
“A Unique Chance to Scale and Succeed”
“The Xanada Pitch Contest is raising the bar for startup competitions. This is a rare opportunity for iGaming startups – whether they are launching, growing, or looking to scale – to showcase their vision in front of key investors and decision-makers. We are committed to bringing together the brightest minds in the industry to support the next wave of innovation,” said Vladimir Malakchi, CEO & Managing Partner of Xanada Investments.
Who Should Apply?
The contest is open to Pre-Seed, Seed, and Series A startups operating in the iGaming sector. Startups at various growth stages – whether developing new solutions or scaling existing ones – are encouraged to apply.
Application and Key Dates
- Applications Open: February 10 – April 1, 2025
- Top 5 Finalists Announced: April 10, 2025
- Live Pitch Event: May 8, 2025, at NEXT Summit, Valletta
For further information and to apply, visit https://xanada.investments/contest or reach out to Xanada Investments at [email protected]
The post Xanada Investments Announces the Launch of the Xanada Pitch Contest 2025 appeared first on European Gaming Industry News.
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Pole Position Performance: GR8 Tech Transforms Client Challenges into Opportunities with CRM
![pole-position-performance:-gr8-tech-transforms-client-challenges-into-opportunities-with-crm](https://recentslotreleases.com/wp-content/uploads/2025/02/144455-pole-position-performance-gr8-tech-transforms-client-challenges-into-opportunities-with-crm.jpg)
GR8 Tech has launched a five-episode video series that demonstrates how its top-tier CRM can address key client challenges, such as improving communication, automating workflows, and delivering personalized experiences. Through real-life examples from GR8 Tech’s clients, viewers can discover how to unlock CRM’s full potential.
Watch Pole Position Performance: GR8 Tech CRM
Kateryna Pozdnysheva, GR8 Tech’s Chief Client Officer and Head of CRM Business Unit, leads the series. Along with her assistant Addi, Kateryna dives deep into the mechanics of CRM: how to design a CRM journey that targets both casino players and sports enthusiasts, ensuring that each player receives a personalized experience; how to engage with players effectively, test what resonates with them, and adjust strategies in real-time to improve performance. Viewers learn the importance of segmentation tools, which allow CRM to categorize players based on their habits, risk profiles, and preferences, all while navigating diverse markets. The series also emphasizes how to connect with players on a deeper level by crafting campaigns that deliver the right incentives at the perfect moment and via the most effective communication channels.
One of the highlights of GR8 Tech’s CRM solution is its ability to optimize player engagement to drive retention. Through advanced gamification tools like rewarding achievements, the CRM makes player interactions exciting and impactful. The series shows how these dynamic elements enhance the player experience, leading to a 25% increase in first-time deposits, 80% retention on average, and 75% engagement of MAU with gamified features. It highlights how GR8 Tech’s CRM serves as a powerful strategy for delivering personalized, effective, and results-driven client experiences.
The post Pole Position Performance: GR8 Tech Transforms Client Challenges into Opportunities with CRM appeared first on European Gaming Industry News.
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Gainr.ai and Goal Analytics Agree Trading Data Partnership
![gainr.ai-and-goal-analytics-agree-trading-data-partnership](https://recentslotreleases.com/wp-content/uploads/2025/02/144453-gainr-ai-and-goal-analytics-agree-trading-data-partnership.png)
Gainr.ai announces a strategic agreement with Goal Analytics for sports data models
Gainr.ai, a leader in AI-powered alternative trading solutions, is pleased to announce a strategic partnership with Goal Analytics – a top European data analytics company to enhance the performance of the Gainr Trading portfolio through advanced predictive data insights. This collaboration will provide Gainr Trading with high-quality, data-driven intelligence to optimise trading strategies, improve risk management, and refine AI-driven market-making models.
As a specialist in sports data analytics, Goal Analytics will supply Gainr Trading with in-depth statistical models and proprietary data sources, offering a crucial edge in predictive accuracy for trading syndicates. This partnership marks a significant step in Gainr.ai’s commitment to integrating best-in-class analytical expertise into its trading ecosystem, ensuring partners have access to cutting-edge insights to inform their strategies.
Gainr Trading is a scalable alternative trading fund, administered and audited by Suntera, leveraging Gainr.ai’s proprietary technology to execute verified prediction market strategies. The addition of high-quality data analytics strengthens its ability to optimise odds, enhance risk assessment, and refine AI-driven decision-making in real time.
Commenting on the announcement, Theodoros Koumis, CEO and Founder of Gainr.ai, stated: “Access to superior data is at the heart of every high-performance trading strategy. Our partnership with Goal Analytics allows us to integrate deeper statistical intelligence into Gainr Trading, ensuring our partners and investors benefit from the most accurate and actionable insights available. This collaboration underscores our commitment to advancing AI-driven trading solutions with academic-grade models and industry-leading automation.”
“We are very happy to team up with Gainr Trading and share our expertise in football data analytics and algorithm development. Gainr Trading’s expertise and experience in trading and execution makes this a highly compelling partnership forming a very strong syndicate for football. We are excited to support Gainr at all levels with our football data-driven expertise, creating a wide range new opportunities in the industry.” Malte Schmielewski CEO Goal Analytics.
With this expansion into Europe, Gainr.ai continues to enhance its alternative trading intelligence framework, ensuring its ecosystem remains at the forefront of AI-powered trading innovation. As demand for agile, data-driven trading strategies grows, Gainr Trading is well-positioned to provide superior analytics and automation for sports betting syndicates and alternative investment firms.
The post Gainr.ai and Goal Analytics Agree Trading Data Partnership appeared first on European Gaming Industry News.
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