Connect with us
European Gaming Congress 2024

Latest News

Axel Hefer new CEO of Tipico

Published

on

axel-hefer-new-ceo-of-tipico
Reading Time: 2 minutes

 

Tipico Group, the leading German sports betting provider, appoints Axel Hefer as Chief Executive Officer (CEO). Axel Hefer, who previously served as Chief Operating Officer (COO) at Tipico, succeeds Joachim Baca. After eight successful years at the helm of the company, Joachim Baca takes over as Chairman of the Supervisory Board.

Under Joachim Baca’s leadership, Tipico has become the undisputed market leader for sports betting in Germany. At the same time the company has established itself as an innovative tech company, setting new standards in terms of product and technology. During this period, Tipico not only experienced strong growth but also developed a recognized brand, implemented modern compliance structures, and was one of the first providers to receive the German sports betting license. Moreover, the company was able to strengthen consumer protection – based on a scientifically sound player protection concept.

As the new CEO, Axel Hefer aims to further enhance Tipico’s product excellence and technology leadership and further drive innovation  to further strengthen Tipico Group’s market-leading position and foster further sustainable growth in a rapidly evolving market environment.

Advertisement
Stake.com

Daniel Pindur, Managing Partner of CVC and former Chairman of the Supervisory Board of Tipico Group, said, “Over the past eight years, Joachim has done a remarkable job in advancing the development  of Tipico and establishing it as an international sports betting and technology company. We are grateful for his outstanding contributions and are pleased that he will continue to play a key role as Chairman of the Supervisory Board. At the same time, we are delighted to have Axel as an experienced strategist and manager on board with Tipico. In his role as COO, Axel has proven he has the capabilities and vision to continue Tipico’s successful trajectory. We look forward to working together.”

Axel Hefer, CEO of Tipico Group, said, ”In recent years, Tipico has evolved from a startup to the definitive market and technology leader in sports betting in Germany. I am eager to continue this success story with the Tipico team and the owners. Together we are committed to providing sports fans with the best and most secure betting experience, extending our market leadership, and achieving additional sustainable growth.”

Joachim Baca, outgoing CEO and incoming Chairman of the Supervisory Board of Tipico Group, said, “Leading Tipico on its strong growth path, building structures and expanding the product portfolio has been a great privilege. We have thus set the stage for a prosperous future. I am proud of our collective accomplishments and look forward to remaining a part of the team and continuing to contribute to the ongoing success as Chairman of the Supervisory Board. I would like to express my gratitude to all my colleagues and the owners of Tipico for their trust and the exceptional collaboration.”

Axel Hefer was appointed Chief Operating Officer of Tipico Group in November 2023. In his role as COO, he focused on optimizing structures and processes across the group. He also has extensive experience in advancing dynamic digital companies, particularly in complex environments.

The post Axel Hefer new CEO of Tipico appeared first on European Gaming Industry News.

Advertisement
Stake.com

Anna Sainsbury GeoComply’s Co-Founder and CEO

GeoComply announces minority investment in Betting Hero

Published

on

geocomply-announces-minority-investment-in-betting-hero

 

GeoComply Solutions Inc. today announced it has entered into a definitive agreement with FansUnite Entertainment Inc. (“FansUnite”), FansUnite US Inc. (“FansUS”), and Hero Group Corp. (the “Purchaser”) pursuant to which FansUnite has agreed to sell to the Purchaser all of the issued and outstanding shares of FansUS, which owns and operates the Betting Hero business, for an aggregate purchase price of US$37.5 million, subject to ordinary working capital and cash adjustments (the “Transaction”).

Upon completion of the Transaction, the Purchaser will be controlled 60% by Betting ‎Hero’s co-founders, Jai Maw and Jeremy Jakary (the “Betting Hero Co-Founders”), and ‎‎40% by GeoComply. GeoComply’s investment in the Purchaser will support the Betting Hero Co-Founders to operate and grow the Betting Hero business following the sale of the Betting Hero business to the Purchaser.

“Jai and Jeremy have built a tremendous business with a laser-like vision to support their customers’ mission for the best possible user experience through the sign-up process. At GeoComply we share that vision and are delighted, through this intended investment, to help Betting Hero further their efforts and deploy more resources and focus into serving our customers and their patrons throughout North America,” said Anna Sainsbury, GeoComply’s Co-Founder and CEO.

Betting Hero has operated for six years and is now active in more than 20 regulated gaming states. Its Activation business has converted over 500,000 new users to online sportsbook and iGaming operators, nearly all of whom were betting at a casino, arena, or in the Betting Hero bar network. The Betting Hero Research segment shows that new users activated by ‘Heroes’ are 50% more likely to make a successful first-time deposit, compared to the industry average. Betting Hero and GeoComply intend to work in tandem to develop real-time solutions that will make the online sportsbook and iGaming activation process as seamless as ever.

Advertisement
Stake.com
Continue Reading

Latest News

MGA Games releases the classic land-based slot game África Zero for the online market

Published

on

mga-games-releases-the-classic-land-based-slot-game-africa-zero-for-the-online-market
Reading Time: < 1 minute

 

MGA Games, a leading casino game supplier, is reintroducing a classic land-based game, África Zero, to online casinos this summer. África Zero is a traditional mixed slot machine game with three reels and video from the well-known manufacturer R. Franco. The game achieved great success in bars and salons throughout Spain after its release in 2008.

At the time, the original manufacturer R. Franco put all its effort and good work into África Zero. In this adventure game, players immersed themselves in the beautiful and magical African continent as Dr. Livingstone himself. With the idea of providing players with more interaction, entertainment, and fun, MGA Games revives this fruit slot game bringing it online and with a maximum prize of 15.000€.

Among the features of this new version, we must highlight the lower game with its accumulation of bonuses and vertical lines, as well as the upper game, which is accessed if players have enough bonuses and credits. In addition, this new release incorporates a total of 6 mini-games starring friendly animals that are accessed randomly when players get certain prize lines.

Advertisement
Stake.com

This classic game, with its cartoon style and adorable wildlife, which 15 years ago provided hours of fun and prizes, now returns renewed to all online casinos, allowing users to enjoy playing from their mobile phones at any time. África Zero will be available from June 27th at the main online casinos in Portugal.

The post MGA Games releases the classic land-based slot game África Zero for the online market appeared first on European Gaming Industry News.

Continue Reading

Latest News

GiG signs landmark UK sportsbook and iGaming platform deal with iconic British brand, The Football Pools

Published

on

gig-signs-landmark-uk-sportsbook-and-igaming-platform-deal-with-iconic-british-brand,-the-football-pools
Reading Time: 2 minutes

 

Gaming Innovation Group (GiG) has announced a long-term deal to power The Football Pools (The Pools), one of the most established and long standing names in UK Pools betting, for the provision of its revolutionary sportsbook, SportX and iGaming platform CoreX as they migrate to GiG’s pioneering technology to relaunch The Pools online and drive digital performance for the brand.

The signed agreement carries extra significance for GiG, marking the entry of its X-Suite solutions into the UK market for the first time, with GiG having already established a strong foothold in driving growth for its partners in other highly regulated markets around the world.

The multi-award winning tech provider officially launched its suite of powerful new solutions in February this year, as part of a vastly enhanced turnkey suite. SportX has been designed to provide the most complete, integrated sports betting experience on the market, giving a feature-packed product that has been localised to power growth for UK operators. Recent partnerships with BetMakers for HorseRacing and Sportcast for bet-builder combined with a content rich roadmap helps to ensure delivery of one of the most advanced and feature-laden offerings currently available.

Advertisement
Stake.com

The Pools is the new umbrella brand encompassing the original ‘Football Pools’ brand which has operated in the UK for over 100 years, and has proved popular for generations of customers, as one of the earliest examples of pools based, accumulator bets to predict the outcome of professional football matches. This alongside a new suite of sports betting, casino and lotto products will enhance the customer experience, and ability to access a vastly increased number of jackpot prizes for Pools customers.

The combination of GiG’s turnkey solution across sports and casino, and the power of The Pools brand promises to be one of the most exciting and unique offerings on the market. Following a strategic refresh, this deal represents a next-step in the execution of GiGs amazing promise.

Online gaming in the UK offers one of the largest regulated markets around the world, with an estimated revenue of about £11.01 billion (€12.80 billion), second only to the US, according to data supplied by Statista.

Andrew Cochrane, Chief Business Officer at GiG, commented, “I am delighted that The Football Pools, a brand with such heritage in the UK market, have chosen GiG to power their ambitious online growth plans. We have gained a significant headwind with our X-Suite in regulated markets around the world since launch earlier this year, providing a springboard for us to leverage our vast wealth of experience in the UK market, a market we know extremely well, to help power revenue growth. I’m extremely optimistic about the continued success of our strategy to increase our B2B market share in key regulated European markets.”

James Arnold, CEO at The Football Pools added: “I am delighted to be able to announce this transformational partnership with GiG, at such a pivotal moment in the history of both organisations. I firmly believe this will enable us to realise the potential of ‘The Football Pools’ brand heritage, and to aggressively grow The Pools as we embrace the true digital transformation of this iconic British brand. Myself and my team have enormous faith in the ability and expertise of the GiG team, and very much look forward to a successful and mutually beneficial partnership for the years to come.”

Advertisement
Stake.com

The post GiG signs landmark UK sportsbook and iGaming platform deal with iconic British brand, The Football Pools appeared first on European Gaming Industry News.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania