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Marcel Elfersy appointed new CCO of Platform and Sportsbook for GiG

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Gaming Innovation Group (GiG) has announced the appointment of Marcel Elfersy as its new Chief Commercial Officer for Platform and Sportsbook, as the group looks to strengthen its position as a leading tier 1 platform and sportsbook provider in regulated markets.

Marcel brings with him an impressive resume, with decades of senior and c-level experience, of which the most recent 14 years have been as a key player, developing and strategically advising within the iGaming industry. After leaving 888 in 2021 as Vice President of Business Development spearheading 888’s re-entry into the US regulated igaming market along with a successful track record of growing their their B2B business, overseeing the Delaware Lottery partnership and the Betbright sportsbook acquisition, Marcel was also the CEO for Entain’s Africa JV, B2B and B2C Impala Digital.

Given his extensive previous experience within the industry, it is anticipated that Marcel’s arrival within the sales and commercial team will help further drive the unique potential of GiG’s leading technology, and maximise the opportunities of its continued strategic commitment to global expansion in regulated markets.

GiG’s localised platform and sportsbook has been designed around flexible architecture, aiming to provide unparalleled speed to market and quality of product in up to 36 markets. The technical capabilities provide a complete omnichannel solution, real-time data platform and rules engine, compliance tool Comply, together with a frontend and managed services providing full operational service, with marketing and CRM.

Marcel Elfersy, CCO said; “I’ve been really impressed by GiG’s strategic growth and development as a top tier B2B provider in recent years. With their market agility, unrivalled regulated omnichannel portfolio and full stack of proven products and services, I’m super-excited to be joining Richard and the all-star team at GiG to help drive and accelerate growth across the global iGaming and Sportsbetting space.”

Richard Brown, CEO of GiG added; “We have a continued emphasis on improvement as an operating principle at GiG. Given the business’ strong position within diverse and high value areas of the B2B supply chain in the iGaming and Sportsbetting industry, the appointment of someone of Marcel’s’ calibre and experience is a significant step forward for leveraging our full potential, as we enter 2023 with real excitement.”

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Bonus Reels™

Relax Gaming takes slot appeal to the next level with the launch of Bonus Reels™

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Relax Gaming, the iGaming aggregator and supplier of unique content, has unveiled Bonus Reels™, a brand-new bet option that lets players significantly increase their chance of entering bonus game rounds.

Designed to add pace and excitement, Bonus Reels™ offers a simple, toggle-on experience that elevates slot appeal to the next level. Unlike a traditional feature buy, Bonus Reels™ gives players a vastly increased bonus-entry chance for 10x the base bet while keeping RTP and return efficiency the same.

When enabled, the reels are populated solely with bonus-triggering symbols or blanks, providing a streamlined path into Bonus rounds, and Super Bonus Rounds where applicable.

To activate Bonus Reels™ players switch a toggle to trigger a “super-charged” spin priced at 10x the base stake, offering a 1-in-10 chance to start a bonus game. It’s an optional, faster way to experience bonus content without bypassing the core game entirely.

Currently, five games are available to operators with Bonus Reels™, Bill & Coin 2 Mummy Mischief, Jumbo Juicy, Conquer Babylon, Aura God and Ancient Tumble.

Looking ahead, selected all-network Relax releases are set to include Bonus Reels™, with no additional setup required; Relax will “flip the switch,” with the bet option already pre-certified.

Martin Stålros, CEO of Relax Gaming, said: “Bonus Reels™ is about giving players choice and momentum. For those who love the thrill of bonus features, this offers a quicker route into the action while maintaining the same RTP. It’s easy for operators to enable Bonus Reels as it is pre-certified and fits seamlessly into our network titles. We’re excited to roll it out, starting with five launch games and expanding rapidly from there.”

The post Relax Gaming takes slot appeal to the next level with the launch of Bonus Reels™ appeared first on European Gaming Industry News.

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Aquisitions/Mergers

Gregorio Araneta to Sell its Entire 57% Stake in PhilWeb to Nexora Holdings and Velora Holdings

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Philippine eGames provider PhilWeb’s principal shareholder Gregorio Araneta Inc (GAINC) is going to sell its entire 57% stake in PhilWeb to Nexora Holdings Inc and Velora Holdings Inc for a total consideration of Php1.8 billion (US$30.8 million), representing 829,574,354 common shares.

GAINC is owned by Gregorio “Greggy” Araneta III, a member of the powerful Araneta family and the brother-in-law of Philippines President Ferdinand Marcos Jr.

Given that the transaction would involve control of more than 35% of the outstanding voting shares of PhilWeb, the buyers will be required to conduct a mandatory tender offer to remaining shareholders to acquire full control of the company as per local laws.

PhilWeb noted that the buyers are closely linked to the company, with current PhilWeb President & Director Edgar Brian K. Ng also serving as President, Chairman & a Director of Nexora, while current PhilWeb Vice Chairman and Director Crisanto Roy B. Alcid is a Director and the Treasurer of Nexora.

The post Gregorio Araneta to Sell its Entire 57% Stake in PhilWeb to Nexora Holdings and Velora Holdings appeared first on European Gaming Industry News.

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Betsson Greece

Betsson Supported Crete Half Marathon as Official Sponsor

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Continuing its longstanding commitment to supporting sports and local communities, Betsson Greece was once again present at one of the island’s most anticipated sporting events.

Celebrating its tenth anniversary this year, the Crete Half Marathon has become a flagship event for the region, attracting thousands of runners from Greece and abroad. Participants took part in the 21.1 km, 10 km and 5 km races, as well as children’s and inclusive races for people with disabilities, reinforcing the event’s inclusive spirit.

Betsson brought vibrant energy to the event, with its lively fan zone becoming a central meeting point for runners and spectators alike, offering gifts, activities and smiles throughout the day. Representing the company at the event, Thanos Marinos, Managing Director of Betsson Greece, took part in the awards ceremony and emphasised Betsson’s commitment to initiatives that promote sports and celebrate the rich culture of Crete.

Adding to the day’s excitement, OFI football players Giannis Theodossoulakis and Manolis Faitakis joined the festivities, engaging with participants, posing for photos and sharing words of encouragement, further amplifying the spirit of community and togetherness that defines the event.

Through its sponsorship of the International Crete Half Marathon, Betsson Greece once again underlines its dedication to promoting sports, fair play and social inclusion. Supporting major and local sporting events across Greece, Betsson continues to champion initiatives that strengthen community bonds and highlight the positive power of sport in society.

The post Betsson Supported Crete Half Marathon as Official Sponsor appeared first on European Gaming Industry News.

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