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David Reeves is appointed to Bidstack board as Chairman Designate

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Bidstack is pleased to announce the appointment of David Reeves to its Board as Chairman Designate.

David has over 30 years’ global experience in senior management roles within multinational companies across the video games industry. He launched Sony PlayStation in Germany, Switzerland & Austria in 1995. In 1999, he was appointed Executive Vice President of Sony Computer Entertainment (Europe) and then President and CEO of EMEA in 2003. In 2010, David was appointed as COO of Capcom (Europe). David has his own consulting Company, DRC Consulting Ltd, is Co-Founder of E Fundamentals, a SaaS company providing e-commerce analytics services and is Chairman of Comcarde Ltd, an Edinburgh-based fintech company.

David has also served as Senior Non-Executive Director and Chairman of the Remuneration Committee for AIM-listed Keywords Studios. Keywords Studios is an international technical services provider to the global video games industry, established in 1998. It provides integrated art creation, marketing services, game development, testing, localisation audio and player support services across more than 50 languages and 16 games platforms to a blue-chip client base of over 950 clients across the globe. Following the completion of nine years’ service as a Non-Executive Director, he retired from this position on the 20th May 2022.

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David  will succeed Donald Stewart as Chairman on the 1st September 2022. In the meantime, David will sit on the board as a Non-Executive Director. Upon David becoming Chairman, Donald will move to a Non-Executive Director role and will serve on the Audit and Remuneration Committees.

On his appointment, David Reeves said, “It is an honour to be joining Bidstack as Chairman and be given the opportunity to take the Company to the next revenue and profit level in the coming years. I hope I can build on the great foundation that Donald Stewart, as Chairman, has built and work with James Draper, CEO, and his executive team to grow the business globally.

The video games and entertainment industry is expanding continuously, and Bidstack is well placed with an active pipeline, state-of-the-art technology and numerous planned partnership initiatives to grow rapidly and profitably. I hope my experience at senior levels at Sony PlayStation, Capcom and, more recently, Keywords Studios will help me guide the Company to a leadership position in the industry”.

Outgoing Chairman Donald Stewart added, “I am pleased to be handing over the Chair of Bidstack to David Reeves, who has the skills necessary to grow the business commercially and is particularly well connected in the video games industry.

Chairing Bidstack and working closely with the executive team since its admission to AIM in September 2018 has been an enormous pleasure, and I am extremely proud of what Bidstack has achieved over that period. I will continue to contribute my skills, which lie in capital markets and financial regulation, to support the management team.”

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Compliance Updates

Stake statement on exiting UK market

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Stake’s statement on its decision to end its white label activities in the UK market:

Stake has made a strategic decision in mutual agreement with TGP Europe to exit white-label agreements and focus on securing local licenses through our in-house platform and operations, building upon our growth in key regulated markets such as our recent expansions into Italy and Brazil.” – Stake spokesperson.

The post Stake statement on exiting UK market appeared first on European Gaming Industry News.

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The Top 5 Welcome Bonuses South African Online Casino Players Can Look Forward to in February 2025

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South Africa’s online casino industry continues to thrive, boasting an ever-increasing array of high-quality gaming platforms. With many choices available, discerning a quality online casino has never been more crucial. Quality is determined by several factors including game variety, user experience, customer support, security, and especially the value of welcome bonuses offered.

Due to the extensive number of options, using a reputable guide to sift through the wealth of online casinos ensures that players can find the best experiences available. One such critical factor in this selection is the welcome bonus, which significantly enhances the initial gaming experience and boosts players’ chances from their very first deposit.

As the online casino landscape expands, the importance of reliable, knowledgeable guidance in choosing the right casino becomes imperative. www.nodepositcasinos.co.za, a leading portal for online casinos in South Africa, stands out as a prime resource. Our expertise allows us to navigate and recommend top-tier online casinos that promise not only enjoyment but also security and fair play.

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This February 2025, www.nodepositcasinos.co.za has carefully selected the top 5 welcome bonuses available to South African players. These bonuses have been chosen based on their value, the quality of the casinos offering them, and their appeal to both new and seasoned players.
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The post The Top 5 Welcome Bonuses South African Online Casino Players Can Look Forward to in February 2025 appeared first on European Gaming Industry News.

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BETBY TO POWER SOFTLABS’ ESPORTS PORTFOLIO WITH BETBY GAMES

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BETBY, a leading sportsbook supplier, has announced a strategic partnership with iGaming provider Softlabs, in an agreement that will further increase the reach of its proprietary esports product. Through this partnership, BETBY’s award-winning esports solution, BETBY Games, will be made available to all operators on Softlabs’s partner network.

Softlabs will be seeking to to leverage the BETBY Games proven content that delivers fast-paced wagering action on a content lineup, which includes eSoccer, eBasketball, eFighting, eCricket, eShooter, eHorse Racing, eTennis, and eStreet Soccer. This will provide its partners with over 60 tournaments featuring over 350 markets, and 245,000 live matches per month.

“Softlabs has built a strong reputation in the industry and we are thrilled to join forces with them,” said Kirill Nekrasov, Head of BETBY Games. “This partnership allows us to extend the reach of BETBY Games and provide Softlabs with an even richer esports portfolio. Together, we’re pushing the boundaries of innovation in the esports betting landscape.”

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Dmitrii Borodint, Chief Product Officer at Softlabs, commented: “Partnering with BETBY marks an exciting new chapter for us. The exceptional quality and variety of BETBY Games content will provide our clients and their players with a highly immersive and customizable esports experience, helping us to stand out in an increasingly competitive market.”

The post BETBY TO POWER SOFTLABS’ ESPORTS PORTFOLIO WITH BETBY GAMES appeared first on European Gaming Industry News.

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