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Xanada Investments Makes Strategic Investment in Promofy

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Xanada Investments, an ideological investment fund, has announced a strategic first round investment in Promofy, a cutting-edge no-code platform revolutionizing gamification tools for the iGaming industry.

Promofy distinguishes itself with AI-driven gamification solutions tailored for casinos, sportsbooks, sports media, streaming services, and sports clubs to enhance user retention, foster loyalty, and attract new audiences through customizable gamification features.

Promofy has already gained significant traction, particularly during UEFA Euro 2024 in CIS with its “Free-to-Play” Suite integrated into sportsbooks that effectively engaged bettors as well as attracted players from other verticals.

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Xanada Investments sees significant potential in Promofy’s gamification solutions, both for casinos and sportsbooks. This strategic investment aims to support Promofy’s expansion efforts into European markets following its successful debut in CIS Region, starting with the Georgian market.

With Xanada Investments’ backing, solid B2B expertise and wide network, Promofy is poised to redefine gamification strategies for casinos and sportsbooks globally, offering tailored solutions that drive customer loyalty and acquisition.

Vladimir Malakchi, CEO & Managing Partner of Xanada Investments, shared his views on the investment: “Investing in Promofy is not just a wise choice; it’s a strategic move to support a game-changer in the iGaming sector. We see AI-driven gamification as a major force in evolving player analytics and engagement, particularly in sportsbooks, where Promofy’s offerings provide a genuine business advantage in today’s market.

We’re confident that our experience in business scaling, as well as our global partnership network, will advance Promofy and help them establish themselves as a trusted partner in the industry’s gamification.”

Irakli Darashvilli, CEO of Promofy, responded to the new investment: “Promofy is leveling up, and with the power-up from Xanada Investments, we’re set for a game-changing growth in the near future. This investment is our ultimate combo move, fueling our AI-enhanced technology and boosting our market reach with innovative gamification strategies.

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We’re already making waves in the Georgian market with our F2P Suite for UEFA Euro 2024 campaigns, and with Xanada’s expertise, we’re ready to take our game to the next level, scaling our product across global markets.”

 

About Xanada Investments

Xanada Investments is an ideological investment fund led by industry visionaries, targeting PreSeed, Seed, and Series A funding of promising projects and their leaders who resonate with their ethos.

The fund’s goal is to build an excellent xanadu-like business ecosystem, which will ideologically and strategically bond leaders into one community for the global idea of mutual prosperity.

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About Promofy

Promofy stands at the forefront of technological innovation in the iGaming and sports betting sectors. They specialize in offering an AI-Driven Gamification Suite, a no-code design solution that significantly enhances user retention and revenue generation for businesses.Their platform is enabling casino, sportsbooks and sport media brands to seamlessly integrate innovative world-class gamification features into their product offering.

The post Xanada Investments Makes Strategic Investment in Promofy appeared first on European Gaming Industry News.

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SAFA Renews its Partnership with Hollywoodbets

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The South African Football Association (SAFA) has renewed its partnership with Hollywoodbets, ensuring the continued support and growth of the Hollywoodbets Super League.

This milestone reinforces Hollywoodbets’ unwavering commitment to advancing women’s sports in South Africa and beyond. The Hollywoodbets Super League stands as a beacon of progress, providing female athletes with a platform to showcase their talent and compete at the highest level.

This renewed partnership between Hollywoodbets and SAFA reflects a shared vision to elevate women’s football, fostering a league that is both competitive and inspirational while paving the way for South Africa to become a dominant force in global women’s football.

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SAFA CEO Ms Lydia Monyepao said: “The renewal of sponsors in a tough economy must be applauded in the growth of women’s football. Our recent launch of the South African Women’s Football Strategy demonstrates our focus in this area and Hollywoodbets has put their money where their mouths is in supporting women’s growth through football. Our aim is to be in the forefront in developing girls who play a role in our society into women, and through this league we have seen more players and more women leaving our shores to work as players, coaches etc. This is a testament of the value partners add into the lives of women in football. Through the SABC, over 50 matches will be seen live on SABC 1 and more on the Sport Channel, including SABC+. This has created a great platform for our players to inspire the next generation.”

“Hollywoodbets is proud to renew its partnership with SAFA, a collaboration that reflects our shared commitment to the growth and professionalisation of women’s football in South Africa, This continued partnership underscores our dedication to inspiring young girls across the country, showing them that with passion and perseverance, they too can become stars like the heroes they look up to,” said Hollywoodbets spokesperson Zandile Dlamini.

The post SAFA Renews its Partnership with Hollywoodbets appeared first on European Gaming Industry News.

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Amusnet Strengthens Presence in the Dutch Market Through Partnership with Starcasino.nl

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Amusnet has strengthened its presence in the Dutch market through a new partnership with Starcasino.nl. Building on an already successful relationship in Belgium, this collaboration brings Amusnet’s certified portfolio of games to Dutch players for the first time on the Starcasino.nl platform.

This strategic alliance reflects Amusnet’s commitment to delivering high-quality casino entertainment across Europe and Starcasino’s dedication to offering a premium player experience in the Netherlands.

“The partnership with Amusnet represents a pivotal part of Starcasino’s launch in the Netherlands. Through this collaboration we gain access to an extensive portfolio of both classic and innovative gaming content, enhancing the quality of our platform in the Netherlands,” said Pieter Van Den Bos, Director of Starcasino.nl.

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“We’re proud to expand our strong partnership with Starcasino from Belgium into the Netherlands. Their launch marks an exciting new chapter, and we’re thrilled to continue growing together in this dynamic market,” said Dimitri De Temmerman, Managing Director BNL at Amusnet.

As part of the launch, Starcasino.nl players will enjoy access to a range of Amusnet’s top-performing titles, all certified for the Dutch market.

The post Amusnet Strengthens Presence in the Dutch Market Through Partnership with Starcasino.nl appeared first on European Gaming Industry News.

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Paydrom Enters into Partnership with Aircash

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Paydrom, a leading B2B payment gateway for the iGaming sector, has entered into a partnership with Aircash, a well-established digital wallet and prepaid voucher provider in Europe. This partnership expands Paydrom’s regional payment strategy, offering operators seamless, localised solutions to improve transaction efficiency and payer engagement.

With Aircash’s presence in almost 20 European countries, Paydrom strengthens its ability to provide alternative payment solutions beyond traditional card payments. While card transactions dominate European markets, e-wallets and prepaid/cash vouchers remain a preferred choice for a significant number of payers. Through this collaboration, now iGaming operators can offer diverse payment options:

• Aircash Wallet – A secure and efficient e-wallet solution enabling instant deposits and withdrawals.

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• Abon Vouchers – Prepaid vouchers available at 200,000+ locations across Europe, allowing players to top up their gaming accounts conveniently.

• Aircash Marketplace – A centralised payment hub where users can conveniently select and pay for various services, including gaming directly through the Aircash app.

“At Paydrom, we prioritize regional strategies to help iGaming operators succeed in high-potential markets. Aircash’s extensive presence and trusted payment solutions allow us to provide merchants with more diverse and payer-friendly options. By integrating e-wallets and prepaid vouchers, we ensure operators can cater to a broader audience while boosting conversion rates and user satisfaction,” said Arin Andriazian, Chief of Paydrom Product.

With Aircash, players gain flexibility and convenience—whether using digital wallets for fast transactions or purchasing prepaid vouchers for seamless deposits. Integration enhances user trust, simplifies payments and ultimately helps merchants optimise their payment ecosystems.

“Arcash core strategy is focusing on regulated markets where we make sure that our services meet all regulatory requirements while providing the best and the most convenient payment services to our users. Aircash has become the preferred cash app of choice for the igaming industry. We are delighted to be partnering with Paydrom and we are convinced that our common partners will benefit from our offerings,” said Mark Watts, Director of iGaming at Aircash.

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This partnership aligns with Paydrom’s vision to stay ahead in the competitive iGaming payment landscape by offering secure, localised and efficient payment methods. By continuously expanding its portfolio, Paydrom ensures its merchants can keep up with evolving payer preferences while maintaining compliance with regional regulations.

The post Paydrom Enters into Partnership with Aircash appeared first on European Gaming Industry News.

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