Latest News

Meet GR8 Tech: Parimatch Tech’s experience and expertise embodied in great B2B solutions

Published

1 year ago

January 25, 2023

Reading Time: 3 minutes

On January 25, 2023, a new company entered the global iGaming B2B market: GR8 Tech. As the successor to Parimatch Tech — the company that developed the platform and marketing solutions for the Parimatch brand — GR8 Tech combines 30 years of experience in the iGaming market with a focus on long-term partnerships, commitment, and a straightforward approach to providing great gaming tech to satisfy the even greater ambition of its clients.

Coming from a large ecosystem, we know firsthand about working with B2C clients, clearly understand the pains and problems of operators, and can solve them with our developments. We understand that business is a race in which the only partners you need are GR8 ones. That means us.

Manifesto video

“The creation of GR8 Tech is a long-awaited event, towards which we at Parimatch Tech have been consistently working throughout 2022. I am delighted and proud to see Parimatch Tech’s people embark on this new B2B journey. I’m convinced their experience and expertise under the guidance of GR8 Tech CEO Evgen Belousov will allow them to realise all the ambitious goals the company sets itself,” commented Maksym Liashko, ex-CEO of Parimatch Tech.

Our race in the gambling industry began in 1994 with the birth of Parimatch — a worldwide brand, famous for its fighting spirit and partnerships with top football clubs, athletes and esports organisations. As well as the Parimatch brand development, we discovered and developed the potential of technologies for the industry. In 2021, our expertise in betting and iGaming technologies became vital, and Parimatch Tech was established to meet the Parimatch brand demand for technologies to conquer new heights.

Our platform handles the peak betting loads from any top sports event on this planet without downtime. For us, it is now time for a new race: Parimatch Tech’s evolution to GR8 Tech.

We can now provide full tech coverage for established gambling businesses, including:

A GR8 iGaming platform with a sportsbook, casino, payments hub, flexible API, CRM tools, player management, risk management, fraud prevention, gamification, and other custom tools and services.
GR8 BaaS (Business-as-a-Service), offering a ready-made business with a running structure, streamlined processes, launched marketing, a reporting system, and early financial results.
The GR8 Parimatch franchise, with the well-known worldwide Parimatch brand and iGaming platform for regulated markets under complete partner management.

In addition, GR8 Tech offers consulting, integration, and operation services — all via a convenient one-stop-shop approach. The outcome is all-round, stable, resilient, adaptive, and highly scalable business solutions for iGaming companies, which are easy to integrate and manage without the need for supervision or intrusion.

“Today’s B2B iGaming market is quite saturated with offers, yet it very much lacks consistency, convenience, and great service. We are here to change that and set a new norm in what a great product means. GR8 Tech composes tailor-made gaming solutions designed to evolve and fit the changing business environments, thus allowing our partners the freedom of forward thinking and long-term planning. And that’s GR8!” said GR8 Tech CEO Evgen Belousov.

All GR8 Tech products and services have been quality checked by Parimatch brand operators worldwide. Company clients (Parimatch Eastern Europe, PМІ, Parimatch United) successfully use GR8 Tech products in 15 markets worldwide, including Ukraine, Cyprus, the United Kingdom, Kazakhstan, Tajikistan, Tanzania, Kenya, Nigeria, and several other countries across Europe, Asia, and Oceania. The GR8 Parimatch brand is supported by several global partners, including Oleksandr Usyk, Parimatch Responsible Gambling Ambassador; four English Premier League teams (Leicester City, Chelsea, Aston Villa, and Newcastle United); and two top esports organisations (00Nation and Team Secret).

GR8 Tech’s first offline contact with the global iGaming community will take place on February 7-9, 2023, at ICE London, in meeting room S10-425, where attendees will be able to meet the company’s CEO, CTO, and BD Manager, learn more about the greatest tech in the iGaming B2B market and be one of the first in 2023 to get GR8 Tech for their businesses.

Blockchain

Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity

Published

50 mins ago

April 25, 2024

Wladimir P.

kore-digital-mining-ltd-announces-additional-14-ph/s-bitcoin-mining-capacity

Reading Time: < 1 minute

Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.

This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.

Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”

This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.

The post Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity appeared first on European Gaming Industry News.

Latest News

Sportradar Names New CFO, Craig Felenstein

Published

50 mins ago

April 25, 2024

GamingAmericas.com

sportradar-names-new-cfo,-craig-felenstein

Sportradar Group AG today announced that Craig Felenstein has been named Chief Financial Officer of the Company, effective June 1, 2024. Felenstein joins the Company from Lindblad Expeditions where he most recently served as Chief Financial Officer. He will report directly to Sportradar Chief Executive Officer Carsten Koerl.

Felenstein brings nearly 30 years of senior finance and operating experience for US publicly listed companies across the media, entertainment, experiential and digital content industries to his new position at Sportradar. Most recently, Felenstein served as Chief Financial Officer at Lindblad Expeditions, a global leader in expedition cruises and adventure travel, where he oversaw the company’s global finance organization, as well their corporate development, information technology and human resources functions. In his role as Sportradar’s Chief Financial Officer, Felenstein will lead the company’s global finance, accounting and investor relations functions. Felenstein has a unique blend of financial rigor and operational insight and will partner with the rest of the executive leadership team to advance the company’s key strategic initiatives and grow the business while maintaining strong relationships with the investment community. He will be based in New York.

Carsten Koerl, CEO, Sportradar said: “With Craig’s deep international experience and successful track record building finance organizations as a CFO at US listed public companies, I am confident that he will be a strong addition to our team. His track record of helping drive financial strategy and building shareholder value will be instrumental to our continued success. We want to express our deep gratitude to Ger Griffin for his meaningful contributions to Sportradar during a transformational growth period for our Company.”

Prior to his tenure at Lindblad, Felenstein served as Senior Vice President of Investor Relations and Strategic Finance at Shutterstock where he oversaw all interaction with the investment community while leading the financial planning and analysis and corporate development functions. Prior to Shutterstock, he served in various management roles at Discovery Communications, LLC, including Executive Vice President of Investor Relations. At the same time, he was a member of the executive team for several of Discovery’s businesses including serving as the Chief Financial Officer of Digital, Chief Financial Officer of US Network Revenue and Chief Financial Officer of Animal Planet. Prior to Discovery Communications, he held senior positions at News Corporation, Viacom Inc., and Arthur Andersen & Co.

Felenstein said: “Sportradar has built an impressive leadership position in the rapidly growing global sports technology market and the Company is ideally situated to deliver sustained growth given their strong content portfolio, unmatched product offerings and commitment to industry innovation. I am excited to work with Carsten and the entire Sportradar team, as well as the Board of Directors, to capitalize on the significant growth opportunities ahead and deliver additional value to our clients, partners and shareholders.”

Bitcoin

Should iGaming Be Worried About 2024 Bitcoin Halving?

Published

3 hours ago

April 25, 2024

George Miller

should-igaming-be-worried-about-2024-bitcoin-halving?

Reading Time: 2 minutes

In its LinkedIn newsletter, ‘The SOFTSWISS Special’, SOFTSWISS, a global tech expert with over 15 years of experience in iGaming, delves into the impact of Bitcoin Halving on the iGaming realm.

The recent historical moment of Bitcoin Halving took place on 19th April 2024. SOFTSWISS, a pioneer in crypto-friendly iGaming software, shares its insights and forecasts for how this event may shape the future of iGaming, shedding light on potential opportunities and challenges for industry stakeholders.

What is Bitcoin Halving?

The Bitcoin halving is a scheduled event that occurs approximately every four years or every 210,000 blocks. During this event, the reward for mining and verifying new blocks is reduced by 50%, resulting in miners earning only half the number of BTC per mined block.

Since its launch in 2009, Bitcoin’s mining reward has halved four times, occurring in 2012, 2016, 2020, and 2024. The recent April halving reduced the reward to 3.125 BTC per block. Such events are crucial for Bitcoin’s scarcity and inflation control, ensuring that the total supply never exceeds 21 million coins and aligning with its deflationary principles.

Historically, each halving event has resulted in a rise in Bitcoin’s price. This is attributed to the reduced supply and increased scarcity, although other market factors have also influenced these outcomes.

Exploring the Impact of Bitcoin Halving on the iGaming Industry

To provide an in-depth analysis of the Bitcoin Halving impact on iGaming, SOFTSWISS invited Bradley Peak, blockchain expert and tokenomics adviser, to share its anticipations.

Bets rise: The halving is expected to lead to an increase in Bitcoin’s value. If the trend of impressive price surges persists, Bitcoin-friendly iGaming brands could see a positive impact.
Crypto adoption increase: Implementing crypto-friendly models has the potential to boost player trust and transparency in iGaming. Additionally, it could rejuvenate unique gaming experiences like provably fair games and decentralised casinos.
Regulatory frameworks improvement: The recent Bitcoin halving could prompt regulatory bodies to reassess their stance on cryptocurrency gambling. This could lead to new regulations ensuring fairness, responsible gambling, and anti-money laundering measures in the crypto-driven iGaming sector.

Bradley Peak, blockchain expert, comments on the recent changes: “Any transformation will not be without its challenges. It is important to adapt – invest in employee learning and development, onboard crypto processing, and make sure your platform remains secure in the process.”

Explore the influence of the 2024 Bitcoin Halving on the iGaming industry in the fourth edition of The SOFTSWISS Special newsletter on LinkedIn.

About SOFTSWISS

SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland, and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.

The post Should iGaming Be Worried About 2024 Bitcoin Halving? appeared first on European Gaming Industry News.