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ZEAL Receives Licence to Broker Lotteries in Germany Until 2029
ZEAL Network SE has been granted a follow-up licence to broker lotteries in Germany for its subsidiary LOTTO24 AG. The responsible gambling authority has informed LOTTO24 that the company may continue to broker lottery products nationwide beyond 30 June 2022 in accordance with the new State Gambling Treaty (GlüStV). The licence is valid for seven years and expires on 30 June 2029.
The licence is the first one under the new State Treaty on Gambling, which came into force on 1 July 2021. LOTTO24 AG’s previous licence, dated 26 July 2017, was extended until 30 June 2022 when the new GlüStV came into force.
“We are pleased about the trust of the federal states. The licence duration of seven years underlines the company’s reliability under administrative law, which has already been proven for ten years,” Dr. Helmut Becker, CEO of ZEAL, said.
The newly granted licence is already the second follow-up licence – after 2012 and 2017. The separate advertising licence required under the previous State Gambling Treaty is no longer necessary. The responsible gambling authority is the Lower Saxony Ministry of the Interior and Sport. On 1 January 2023, the responsibility will change to the new national gambling authority (Gemeinsame Glücksspielbehörde der Länder (GGL)) in Halle (Saale).
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Quantum continues expansion streak with two director-level new hires
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One of betting and gaming’s best-known customer acquisition and comparison businesses, Quantum, has announced the next steps in its ambitious growth plan by welcoming two new director-level appointees.
Joining the business are Dimitris Papamichael as commercial director and Luke Watkin as marketing director – both in newly created roles. They come in alongside a full C-suite and a full team of new tech hires that continues a recruitment drive which began in 2023 – and reflects Quantum’s rapid and consistent growth throughout the last five years.
Papamichael will be responsible for all revenue-generating activities across the business in a pivotal leadership role. He’ll shape Quantum’s commercial strategy as the company diversifies into new verticals while maintaining its strong position in the iGaming sector. He’ll also lead an expanding team of commercial and sales managers.
Watkin will lead the development and execution of the marketing strategy across all business verticals. As marketing director, he’ll be instrumental in shaping Quantum’s marketing vision, building scalable systems, and delivering commercial impact as it expands into new markets. Watkin will build and mentor a high-performing marketing team and is also tasked with driving further recruitment.
Speaking of the appointments and new strategic direction, CMO James McCarthy said: “It’s a pleasure to welcome Dimitris and Luke to Quantum during what is undoubtedly a really fascinating time in our growth. From cementing our relationship with some of iGaming’s biggest names to helping us expand into exciting new sectors, both of our new Directors will be integral to the continued success of the business.”
Papamichael said: “I’m thrilled to be joining Quantum at such an exciting stage of its incredible growth journey. The company has already achieved so much, and there’s huge potential ahead as we expand into new markets and sectors. I can’t wait to work with the exceptionally talented team here to seize the many opportunities ahead and drive the next phase of growth.”
Watkin said: “I am delighted to join a business with such a proven track record of excellence in its core markets, as well as highly ambitious plans for strategic expansion into new markets and territories. I am looking forward to contributing towards building on the exceptional progress the team has made to date, and accelerating that growth in the years ahead.”
This people news comes hot on the heels of the company’s exciting rebrand news of last week, moving toward the “quantum” in QiH Group” as well as redefining the business’ purpose and strategic direction.
The post Quantum continues expansion streak with two director-level new hires appeared first on European Gaming Industry News.
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FLY AWAY TO FORTUNE WITH ZITRO’S “RAINBOW BIRDS”
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The post FLY AWAY TO FORTUNE WITH ZITRO’S “RAINBOW BIRDS” appeared first on European Gaming Industry News.
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PHP13 MILLION UP FOR GRABS IN PAGCOR’S LINKED BINGO EVENT
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The post PHP13 MILLION UP FOR GRABS IN PAGCOR’S LINKED BINGO EVENT appeared first on European Gaming Industry News.
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