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Global Regulatory Intelligence Leader VIXIO Acquired by Perwyn

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VIXIO Regulatory Intelligence, the leading provider of regulatory and business intelligence to the global payments and gambling industries, announced that it has been acquired by Perwyn, the European private equity investor.

VIXIO operates the GamblingCompliance and PaymentsCompliance intelligence platforms, providing regulatory research, monitoring, insights, and data to legal, compliance and business teams in these two highly regulated and volatile sectors. The parent company of GamblingCompliance and PaymentsCompliance was rebranded as VIXIO Regulatory Intelligence in 2020.

The acquisition by Perwyn will support the ambitious growth plans of VIXIO’s established management team, which has been in place since an original management buyout in 2019.

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Mike Woolfrey, VIXIO CEO, said: “We are delighted to be working with Perwyn at a pivotal time in our development. We are particularly impressed by their track record in partnering and supporting exceptional companies to achieve ambitious plans on a global scale and look forward to working with them on helping VIXIO fulfil its potential.”

Gurinder Sunner, Partner at Perwyn, said: “We are delighted to be partnering with the VIXIO team and support their ambitious growth plans. Already the market leader, we will be investing to enhance and increase the product offering and geographic coverage whilst maintaining and enhancing its leading reputation as the go to provider for regulatory intelligence in both the payments and gambling market.”

Kester Capital, one of the UK’s leading lower mid-market private equity firms, became VIXIO’s principal investor in 2019.

Adam Maidment, Managing Partner at Kester Capital, said: “We would like to thank Mike Woolfrey, VIXIO’s CEO, and his team for their phenomenal efforts over the last three years in building the business into the world’s leading provider of regulatory intelligence within its target sectors. It has been a pleasure to have worked with such a high-quality business and we wish the management team every success for the future.”

The acquisition of VIXIO by Perwyn will also see Gehan Talwatte join VIXIO’s board of directors as independent chair. Mr. Talwatte is a highly experienced executive and director who has overseen the growth of several high-value intelligence services businesses across various industries.

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Former chair David Gilbertson will depart VIXIO with much gratitude, after being involved in the business as an advisor and director for more than a decade.

Woolfrey said: “We are delighted to have achieved this successful exit for the current shareholders and want to thank Kester Capital for their support and collaboration over the last three years.

“We also extend a warm welcome to Gehan as he brings his expert perspective to our board of directors, while sincerely thanking David for his invaluable contributions to VIXIO’s success.”

KPMG served as sell-side M&A advisor to VIXIO as part of the process. Osborne Clarke served as legal advisor, BDO as financial advisor, and Plural and Flagship Advisory Partners served as commercial due diligence advisors. VIXIO’s management team was advised by Jamieson.

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Compliance Updates

Endorphina completes another security milestone!

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Starting 2024 strong, the top casino game provider Endorphina successfully completed the external audit by the renowned Testing Laboratory, achieving another milestone in the form of an ISMS Certificate according to local requirements in Italy! This plays an important role in cementing Endorphina’s position in the iGaming world.

Earlier this year, the iGaming software provider Endorphina successfully passed an external information security audit according to regulations governed by ADM. The goal of the multi-day audit was to map out the overall setup within the company, examine every detail involving security, and ensure the company’s games are completely safe for every player.

Over three years ago, Endorphina set a goal to be authorized in all regulated jurisdictions and continues to campaign across markets. By 2024, the company has reached 28 regulated markets and continues progressing rapidly.
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n March 2024, Endorphina will organize a grand event, La Mistica dell’Endorphina, where guests can experience the true spirit of the innovative developer. The luxurious party promises to create the perfect networking opportunity for iGaming enthusiasts.

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Casino Stream

PlayStar Casino and SGG Media Debut New Casino Livestream Show

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PlayStar Casino has teamed up with SGG Media to launch a new United States casino streaming show; one of the first fully-licensed streaming casino shows to reappear on Twitch

PlayStar Casino has made its first foray into the live streaming space with the launch of a new show, Casino Stream, in collaboration with SGG Media.

Casino Stream is one of the first fully-licensed streaming casino shows to reappear on Twitch. The show will see three New Jersey-based streamers take part in a weekly live action casino show, broadcast via Twitch. The hosts will play a range of games available via PlayStar Casino, bringing the excitement of legal casino and slots to be played online to the masses in ‘The Garden State’ all in real time.

Fully PlayStar-branded, the show will see a trio of New Jersey-based influencers immerse themselves in exciting slots and casinos available on the PlayStar website. The show hosts will be allocated a budget for each show, which they can use to play a diverse range of products during the live stream.

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“PlayStar Casino is excited to partner with SGG Media in allowing New Jersey casino enthusiasts to watch and play our online slots and games,” the Chief Marketing Officer for PlayStar Gaming Group AB, Jon Bowden, said. “We provide the excitement of live, legal, casino games to be played online by New Jersey residents while a large viewership can view the action in real time.”

This new show marks a new milestone for both PlayStar Casino and SGG Media. Back in October of 2022, live streaming platform Twitch. tv banned all United States gambling sites that aren’t gambling licensed in the United States. This new show will pave the way for future online casino streaming in the United States.

SGG Media launched its legal sports gambling streaming show, Live Drive, on October 1, 2023, to an audience of nearly 25,000 sports fan live viewers on Twitch, YouTube and other streaming platforms. That show was the first United States fully legal and licensed live sports betting streaming program.

“Our Casino Stream show is focused on being completely compliant with all state gambling laws,” the Chief Executive Officer for SGG Media, Troy Paul, said. “PlayStar Casino is a licensed New Jersey casino and we will only allow verified adult gamblers located in New Jersey to play. Our streaming show hosts bring the thrill of live bets and viewing big wins to our huge online audience.”

PlayStar Gaming Group AB (http :// www. PlayStar. com) offers a fully-licensed online casino in the United States. Managed by a team built exclusively from the most experienced talent in the industry across the United States and European Union, PlayStar Casino delivers a ‘casino first’ platform through award-winning slots, table games and promotions.

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SGG Media (https :// SGGMedia. com) features 2,000 sports content creator/influencers with a combined social media following of over 60 million sports and gambling fans.

“We create a huge audience for our streaming shows by generating exciting social media posts and videos of electrifying sports and gambling action,” Paul said.

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Andreas Ternström Director at Slotmill

Slotmill live with Rush Street Interactive’s BetRivers in USA

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Slotmill has signed a multi-year agreement with Rush Street Interactive, Inc., a leading US-based gaming company that operates under the BetRivers brand, thereby further solidifying its presence in the North American market. The first game was launched earlier this week and RSI expects to add the full Slotmill suite of games to its offering over the months to come.

Distribution is made via the partnership with Pariplay Ignite.

Andreas Ternström, Director at Slotmill said: “I am super excited to welcome Rush Street Interactive, a respected leader and award winner in the online gaming industry, as a partner to not only grow our United States footprint with its BetRivers brand, but to also lead us into Canada and Latin America where they have significant operations in those regulated jurisdictions.”

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