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Sightline Payments Expands Management Team with Appointment of New Chief Financial Officer and Chief Legal Officer

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Recent $100 million capital raise helps Sightline also recruit talented Chief Marketing Officer, Chief People Officer and Chief of Staff executives

LAS VEGAS, April 19, 2021 (GLOBE NEWSWIRE) — Sightline Payments, a dynamic Financial Technology company that is enabling the next generation of cashless, mobile and omni-channel payment solutions for the gaming, lottery, sports betting, entertainment and hospitality ecosystems, today announced it has appointed five new executives to its senior leadership team.

John Gronen joins Sightline as Chief Financial Officer of the rapidly growing FinTech provider, while Jennifer Carleton will serve as the Company’s Chief Legal Officer. Through its recent $100 million funding round announced on April 1, Sightline Payments has also appointed Muriel Lotto as Chief Marketing Officer, while Katrina Sevier will serve as its Chief People Officer and Felicia Gassen will be Chief of Staff. The executive appointments strengthen Sightline Payments’ leadership as the company scales to support rapid growth and customer demand.

“We are pleased to welcome John, Jennifer, Muriel, Felicia and Katrina to Sightline Payments. The collective expertise and proven track record that they bring from working with some of the world’s most recognized companies will play an instrumental role in managing the company’s hyper-growth and expansion,” said Joe Pappano, CEO of Sightline Payments. “In the near- and long-term, we plan to invest significant capital in recruiting diverse and expert talent to drive key Sightline priorities around market growth and innovation. Our goal is to have the most talented and diverse team in the gaming and payments industries.”

John Gronen, Chief Financial Officer
John Gronen has been appointed CFO for Sightline where he will oversee all finance operations including banking, treasury, budgeting, and reporting. His experience delivers deep value to the Company having recently served as CFO for payments processor VPay, Inc. and head of operations for VCE, a subsidiary of EMC, Cisco Systems and VMWare. Previously he held senior finance and accounting roles with Technisource, Alltel and Delta Trust and Bank.

John will also play key roles for Sightline in M&A and fundraising in support of the Company’s high-octane organic and inorganic growth strategies.

Jennifer Carleton, Chief Legal Officer
Jennifer Carleton joins Sightline having spent her entire legal career in the gaming sector. She was in-house counsel for an Indian casino and for the last 14 years an adviser to some of the premier public and private gaming and investment companies in the world.

Working in gaming for the past two decades has enabled Jennifer to develop a unique expertise in payments, mobile, internet and sports gaming, as well as an insider’s familiarity with the unique issues that arise when technology and regulation intersect. Jennifer is helping to establish an advanced Indian law and advanced gaming curriculum at the UNLV Boyd School of Law through her teaching at the law school and her work with the Dean’s Advisory Council.

Jennifer also dedicates a substantial amount of time to professional development and corporate philanthropy within her community. She is currently the chair of the Tyler Robinson Foundation, the charitable arm of the Grammy-winning band Imagine Dragons, dedicated to raising funds for pediatric cancer families.

Muriel Lotto, Chief Marketing Officer
Muriel Lotto brings over 25 years in International Marketing to her new role as Sightline Payments’ Chief Marketing Officer. Muriel has worked in France, the United Kingdom, Switzerland and in the United States at leading companies including Nestle, Unilever, Royal & SunAlliance, Bupa and Western Union.

Muriel will lead transformative marketing strategies across audience definition and targeting, customer journeys, messaging, and media mix optimization. In her role, she will drive brand awareness and commercial results through public relations, creative, and advertising partners. 

Katrina Sevier, Chief People Officer
Katrina Sevier brings expertise around the ever-changing organizational landscape of culture and talent. Katrina will be tasked with growing Sightline Payments’ team, which will double in size this year.

Prior to Sightline Payments, Katrina led comprehensive talent strategies delivering growth and implementing change across global organizations in the financial services, technology, media, and advertising industries including Western Union and IPG Mediabrands.

A steadfast believer that the employee and customer experiences are connected, Katrina will build and implement the company’s talent plan to support business growth. 

Felicia Gassen, Chief of Staff
Felicia Gassen has been appointed Chief of Staff to CEO Joe Pappano and the executive leadership team. She is the former Executive Director of Global Gaming Women where she managed the executive board of directors, committees, sponsorship, and global membership. Previously her work included the management of research, grants and education programs in the fields of bioengineering, biotechnology, and bioinformatics. Felicia strongly believes in collaboration, amplifying voices and building connections with people across disciplines. Felicia attended both the University of California, Berkeley and University of Nevada, Las Vegas and holds a BFA in Fine Art and Art History.

For Executive Leadership headshots, please visit: https://sightlinepayments.com/leadership/

About Sightline Payments
Sightline Payments (“Sightline” or the “Company”), is a dynamic Financial Technology (FinTech) company that is enabling the next generation of cashless, mobile and omni-channel payment solutions for the gaming, lottery, sports betting, entertainment and hospitality ecosystems. The Company has more than 1.5 million enrolled Play+ accounts across its current portfolio of more than 70 programs in 39 States, and is poised to build on this presence, commensurate with the expansion visible in the underlying markets it serves. One of the key segments the Company serves is online gaming (both sports betting and iGaming), which is expected to build from $3 billion in total revenue to $22 billion over the next five years. In addition, the Company’s digital payment solutions directly address the wider gaming industry’s opportunity to transform traditional gaming floors into cashless ecosystems, a $90 billion revenue market serving over 100 million customers annually. Sightline is based in Las Vegas, Nevada. Learn more at https://sightlinepayments.com.

Media Contact:
Susan Donahue
Skyya PR for Sightline Payments
[email protected]

 

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Best in Sports named as “Sports Betting Supplier of the Year” by 5 Star iGaming Media Starlet Awards

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FIRST – Best in Sports, the Tier-1 sportsbook technology provider redefining global performance standards, has been honoured as “Sports Betting Supplier of the Year” at the 5 Star iGaming Media Starlet Awards 2025, recognising the company’s innovation, expansion, and leadership across regulated markets.

The award marks another milestone in a transformative year for FIRST, as the company continues to lead the sportsbook vertical with measurable results, a performance-driven product vision, and a growing footprint across LATAM, Europe, and Africa.

Built from the ground up for speed, scale, and absolute reliability, FIRST’s sportsbook engine has become the driving force behind more than 35 of Brazil’s leading operators, expanding rapidly through Mexico, Peru, and Argentina – markets that reward real technological power, not promises.

In regions where regulation is tightening and competition intensifying, FIRST has set a new benchmark for what performance means: instant automation, real-time data orchestration, AI-driven personalisation, and a seamless architecture that adapts faster than the market itself.

2025 was the year FIRST stopped chasing momentum and started defining it. With new strategic partnerships alongside Light & Wonder, Pixbet, and others already in motion, the company is not just participating in the race for innovation – it’s setting the pace. These collaborations are not about validation but about leadership: where others adapt, FIRST dictates direction.

Beyond commercial growth, FIRST has also advanced its regulatory roadmap, securing approvals and pursuing licences in multiple regulated markets, ensuring full compliance and future-ready scalability for its operator base.

Tom Light, Founder & CEO of FIRST – Best in Sports, commented:
“This recognition reflects our commitment to building the most advanced sportsbook technology in the market – one that’s fast, scalable, and truly local. But more than that, it celebrates the mindset of our entire team: we don’t follow trends, we create them. We set the standard for what a sportsbook partner should be.”

As the industry continues to evolve, FIRST remains focused on innovation that drives measurable impact – delivering the performance, reliability, and intelligence that define the future of sports betting.

The post Best in Sports named as “Sports Betting Supplier of the Year” by 5 Star iGaming Media Starlet Awards appeared first on European Gaming Industry News.

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PH iGaming Streamers Unite to Promote Responsible Gaming Amid Crackdown on Creators Promoting Illegal iGaming

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Philippine Esports pioneer Julius “Banoobs” Mariano today announced the launch of YGS Live (Your Game Simulator Live), a next-generation livestream platform built to empower iGaming streamers, creators, and fans through responsible entertainment with PAGCOR-license games. Alongside its debut, YGS Live introduces Battle of the Streamers, a major international iGaming competition featuring an 11-million-peso prize pool that will run every Saturday starting November 15 and culminate in a grand battle event in January 2026 at City of Dreams, Manila.

A veteran of the Philippine esports community, Banoobs has spent over a decade shaping the industry from the ground up. From his early work with Mineski Events Team in 2007, to his leadership as Twitch Country Manager for the Philippines, and senior roles with Ampverse (Minana) and Blacklist International, Banoobs has continuously championed Filipino talent and esports innovation both locally and globally.

“YGS Live is built for creators who want to grow, collaborate, and elevate the iGaming space responsibly,” said Julius “Banoobs” Mariano, Founder of YGS Live. Beyond competition, YGS Live promotes responsible iGaming as a core mission. “Influence comes with responsibility,” Mariano shared. “We want YGS Live to be a platform that doesn’t just entertain but also educates, helping shape a healthier iGaming culture for players and viewers alike.”

Battle of the Streamers marks YGS Live’s flagship program, bringing together some of the country’s most influential iGaming streamers and content creators, including ChooxTV, Hypebits, Foreigngerms, AD BEAT, BULLDOG, AkosiDogie, and Beatmaster. All participating influencers exclusively support PAGCOR-licensed iGaming platforms, reflecting YGS Live’s advocacy to discourage and curb the promotion of content creators involved with illegal or scam iGaming sites, upholding ethical and responsible content creation.

The weekly competition will feature friendly yet high-stakes matchups among the Philippines’ most-followed iGaming personalities, paired with interactive segments for online fans.. To further engage its community, YGS Live will reward viewers throughout the tournament, giving away 3 million pesos in total community prizes, with 300,000 pesos distributed per livestream to participating fans and viewers.

YGS Live operates as a broadcast network dedicated to iGaming and entertainment-based content. It provides a collaborative, brand-safe environment where creators, partners, and fans can engage openly while upholding ethical standards in streaming and gameplay.

Through YGS Live, Banoobs envisions a future where Filipino streamers and creators are recognized as global leaders in iGaming and online entertainment. The platform is positioned to become a creative hub for responsible, community-driven, and inclusive iGaming, what Mariano calls “the GMA or Netflix of iGaming entertainment.”

The post PH iGaming Streamers Unite to Promote Responsible Gaming Amid Crackdown on Creators Promoting Illegal iGaming appeared first on European Gaming Industry News.

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Q3 2025 financial results: Ten Square Games delivers solid progress in portfolio transformation

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In Q3 2025, Ten Square Games Group recorded 4.4% q/q growth in bookings, reaching PLN 85.0 million, driven by the continued growth of Wings of Heroes and the entire flight simulation segment, as well as the addition of Trophy Hunter to the Group’s portfolio. At the same time, the Group advanced its strategic portfolio transformation by executing the rebuild process in its core titles. During the quarter, Ten Square Games successfully launched Trophy Hunter, which had a positive impact on Group’s bookings, finalized preparations for the global launch of Real Combat Simulator, and initiated work on a new prototype scheduled for market testing in Q4 2025 to broaden the Group’s future potential.

-“The third quarter of 2025 brought clear progress in delivering on the key pillars of our strategy: rebuilding the foundations of our core titles, accelerating the growth of Wings of Heroes, and investing in new projects. The successful launch of Trophy Hunter, combined with the dynamic growth of Wings of Heroes, helped offset weaker performance of our main titles and increase the Group’s total bookings. This shows that our ongoing initiatives are beginning to deliver tangible results.”
– said Andrzej Ilczuk, CEO of Ten Square Games S.A.

Global launch of Trophy Hunter

A major highlight of the quarter was the global launch of Trophy Hunter. The game generated PLN 3.2 million in bookings in its debut quarter, supported by PLN 6.1 million in marketing expenditures, and has maintained attractive retention and monetization metrics justifying continued scaling. Since launch, the Trophy Hunter team has executed an ambitious development roadmap packed with new arenas and features that further strengthen the product and keep players engaged. In Q4 2025, the game will be further expanded with a major new social feature and additional arenas. The new feature is designed to further boost player engagement.

Rebuild of the Group’s two largest titles

A key project in the third quarter of 2025 remained the transformation process of the Group’s two largest titles – Fishing Clash and Hunting Clash. Both teams continued intensive A/B testing aimed at improving player segmentation and the first-time user experience (FTUE), while also implementing a series of technical enhancements to improve game stability and performance.

The main challenge of this process lies in its time-consuming and large-scale nature – each A/B test typically lasts at least three months, and not all of them deliver positive results, often requiring the team to redesign and rerun tests. In addition, the number of tests that can be conducted simultaneously is limited to avoid distorting the results. Ongoing activities may temporarily affect game operations, player experience, and marketing activity levels.

Despite these challenges, a systematic, data-driven approach remains the most effective method to identify the root causes of game performance issues and to implement lasting improvements that can, over time, help restore growth in the Group’s flagship titles.

Scaling Wings of Heroes

In Q3 2025, Wings of Heroes recorded a 33.4% q/q increase in bookings, driven by record marketing investment and new social features that enhanced player engagement. The game’s strong performance, together with the continued stable growth of Real Flight Simulator – one of the most advanced mobile flight simulation games on the market – strengthened the entire segment’s contribution to the Group’s results.

In September 2025, the Real Flight Simulator team launched the Real World Engine, delivering the most comprehensive visual and technical upgrade to date and setting new standards for immersion, realism, and navigational accuracy in a mobile flight simulation.

The systematic development of flight simulation titles and their stable growth help the Ten Square Games Group stabilize overall bookings and partly offset weaker performance in its main titles.

New projects

In Q3 2025, the Group focused on preparing for the global launch of Real Combat Simulator, which took place on October 7, 2025. The title, developed in a subscription-based model, is unique in the mobile market, with no direct competitors in its segment. With this launch, the Ten Square Games Group is testing the potential of the mobile flight combat game segment.

The launch took place without marketing support, and the game is scheduled to be featured on major distribution platforms at the beginning of 2026.

In Q3 2025, the Ten Square Games team worked intensively on a new prototype inspired by the proven gameplay model of Trophy Hunter and built on the Group’s experience from previous projects. The first market test, across two selected markets, will take place in Q4 2025. A decision regarding the further development of the prototype into a full game will be made no earlier than in the first half of 2026.

The project represents an attempt to broaden the Group’s portfolio beyond the segments in which Ten Square Games currently specializes, marking an important step toward greater diversification and long-term growth.

Financial performance

In Q3 2025, the Ten Square Games Group recorded bookings of PLN 85.0 million, representing an increase of 4.4% q/q, primarily driven by Wings of HeroesTrophy Hunter, and Real Flight Simulator. Adjusted EBITDA decreased to PLN 22.1 million, mainly due to the highest quarterly marketing investment in 2025. The net profit amounted to PLN 17.8 million. Cumulatively for the first nine months of 2025, the Group’s bookings totaled PLN 256.9 million, adjusted EBITDA stood at a strong PLN 79.6 million, and net profit increased by 24.3% y/y to PLN 65.2 million, confirming the financial resilience and efficiency of the Company’s operating model, despite lower overall bookings compared to the previous year.

The share of TSG Store in total bookings amounted to 20.3% in September 2025, reflecting the shift in Group’s portfolio and strong performance of titles without TSG Store integration.

Q4 2025 Focus and Outlook

In the fourth quarter of 2025, Ten Square Games Group will continue to focus on three strategic pillars:

  1. Rebuilding and optimizing core titles to stabilize performance and rebuild long-term value.
  2. Supporting the growth of Wings of Heroes and the flight simulation segment through continued product, supported by marketing investments in Wings of Heroes.
  3. Developing new projects with the potential to diversify and strengthen the Group’s portfolio.

The fourth quarter is traditionally a highly competitive period in digital marketing due to the holiday season. As a result, user acquisition costs are expected to rise, which may temporarily reduce marketing activity in selected titles.

The post Q3 2025 financial results: Ten Square Games delivers solid progress in portfolio transformation appeared first on European Gaming Industry News.

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