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Exclusive Q&A with Mike Fox, CFO at Crystal WG

Q. Let us start with a quick intro of yourself for starters. Could you briefly describe your career?
A. I have 20 years’ experience in the gambling industry. For more than 10 years, I worked as the Group CFO of Euronext listed company Thunderbirds Resorts in Panama. I was lucky enough to work on some fantastic land-based casino projects in several emerging markets. At the time, the group operated 30 casinos and 10 hotels with 5,000 employees in the Philippines, Panama, Peru, Costa Rica and Nicaragua.
I played an integral role in helping expand our remit, opening two large properties in the Philippines – one included a hotel, golf course and casino and the other a hotel and casino. In Lima, Peru the group purchased six hotels and opened a flagship casino in the heart of Miraflores along with acquiring several slot parlors around the country. In Costa Rica, the group opened a flagship casino adjacent to the International Airport and subsequently several more casinos. In Panama, the group operated six casinos. At the time these properties were built, they were the best casino products to enter the markets.
In 2015, I joined Crystal Wealth Group to offer my financial consulting and investment experience for casinos, iGaming and the crypto/NFT space before helping launch new online casino BetCoco this year.
Q. You are a veteran casino professional. How challenging is a shift to the online casino segment?
A. One key difference is the ability to reach a global audience using the power of the internet. This is where a lot of time is spent with every territory we target in making sure we match the specific compliance requirements and own the correct operating licences to be able to offer our product to specific regions.
However, whether it’s land-based or online, the premise of operating a casino brand remains the same. If you can provide a service that surpasses customers’ expectations and offers them an experience that they cannot get anywhere else, they will return.
This is something we have focused on heavily in our design of BetCoco.
Q. Tell us about BetCoco. What are the immediate objectives of the company? Could you also tell us quickly about your job brief.
A. BetCoco is a fun brand that offers the best-in-class player experience with the leading games and services that the industry has to offer. Innovation is at the foundation of everything we do through creating the best features to continuously improve our user experience.
We initially launched in cryptocurrency, yet now offer fiat. One of our immediate objectives is to onboard new customers from the territories where we are operational. We are going to be working with the industry’s top affiliates and media partners to bring quality traffic to our site in every location we are situated.
My role is to facilitate this by focusing our investments on markets that are not necessarily saturated with competitors where our players get excited about a new brand with attractive bonus and loyalty programs.
Q. Could you now talk about your digital marketing strategies and the benefits that customers are going to get from BetCoco?
A. We’re quickly deploying exciting paid media marketing and affiliate campaigns to let the markets know about us such as in Brazil we are partnering with the top affiliates in the market to promote our recurring bonus offers.
We also have a very clear approach to making customer satisfaction one of our key goals. For instance, our aggressive customer bonus plan with 100% bonus up to 0.5BTC is designed to attract keen crypto players – and now we are on the verge of releasing industry-best bonus rewards for fiat customers.
Q. According to your recent press release, BetCoco wants to bring back “more thrill” for customers, which is something that “iGaming operators have lost in their brand promotions in recent years”. Could you elaborate a bit on this point?
A. We think some of the bigger operators with a large market share lose touch sometimes of what will attract players that are new to online gaming. Especially, in emerging markets like Latin America, Asia and Africa, we plan to be the trusted brand that excites new players to begin their online journey into iGaming.
Q. What are the features BetCoco offers as of now and in which markets they are available?
A. We have created a best-in-class suite of tech with our iGaming software platform integrated with the best gaming providers, My Affiliates for affiliate management and Customer.io for CRM. Our intention is to give our players a first-class betting experience and a seamless user journey. This includes making them feel special and appreciated with our special offers and VIP treatment.
We understand that some of our users enjoy the feeling of betting next to friends / other users. So, we are offering exclusive live tournaments and daily challenges and leaderboards with new games announced weekly. Our platform allows players to collect loyalty points and redeem for special rewards and prizes.
Q. Could you outline the new initiatives of BetCoco that are in the pipeline and likely to roll out in the next two years?
A. Our group is the process of launching new sites under a Malta license that will allow us to enter higher value markets. We are also acquiring best in class technology to continue to build additional brands under Malta licensing using our own CMS platform to allow complete control over the customization of our sites for each market.
Thanks to the metaverse and advanced VR Technology, players can now visit physical casinos from the comfort of their homes. We plan to have all kind of VR Games – Blackjack, Roulette, Poker, Game Shows, and even a Sports betting room, where the player can wager on a sports match and stay to watch the game next to other users, just like in Vegas! For this, player just needs to have a VR headset.
We have built relationships with the world’s best metaverse and VR tech companies and will integrate this technology into our brands over time.
We also plan to offer the ability to mint NFT slot machines with a shared revenue model and NFT player passes with in-app purchases.
Q. You plan to enter new markets, especially in Africa and Asia. What are your plans to tackle the fluid state of regulation in many of the African and Asian countries, with respect to cryptocurrency. For example, in India, a potentially large market, the legal stature of cryptocurrencies is in a disputed state. What will be your strategy?
A. While our view of the markets is worldwide, including Asia and Africa, we also see solid opportunities to secure country level licensing in places like Peru and Colombia. In addition, in the short term, we plan a major push in Brazil during the World Cup period. Since we have a presence in Latin America, for example, it allows us to understand better the local players and create brands that appeal to the particulars of each market.
Q. Finally, what is your take on the future of igaming segment, especially in relation to advances in technology such as machine learning and block chain?
A. Artificial intelligence and machine learning is becoming and will be a very important part of the iGaming industry in years to come.
From better understanding user experience through advanced data sets to more complex security measures via anti-money laundering detection software to faster transaction speeds via blockchain-powered cryptocurrencies, the advancements in technology can benefit the industry in so many ways – and it’s still growing.
These developments allow us to operate in a sector that is safer, more enjoyable and just generally more informed. For instance, with machine learning, we can hone the information we have on our customers to create better experiences. With blockchain, we can offer users the most streamlined and frictionless approach to playing.
As technology is always evolving, part of our mission is to evolve with it, so our players can enjoy the best and most advanced gaming. To bolster customer experience, we are already looking at planning to design and incorporate our own VR Games on-site. These games will be available in 1st person view, as well as in 3rd person view. Our VR Casino Games will offer players the most immersive experience on the market.
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S8UL creating history as the first Indian organization to secure four nominations at Esports Awards 2025.

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In a landmark moment for Indian esports, S8UL, a global powerhouse in gaming and esports content, has made history by becoming the first Indian organization to secure four nominations at the prestigious Esports Awards 2025, set to take place in Las Vegas on November 19, 2025.
Equivalent to the Oscars of gaming, the Esports Awards are the most esteemed global recognition platform for excellence in the esports and gaming ecosystem. Each year, they celebrate the players, creators, organizations, and innovations shaping the future of gaming worldwide.
This year, S8UL has earned nominations across four major categories, marking another milestone for India on the world esports map:
Esports Content Group of the Year – S8UL Esports
Having won this award three years in a row (2022, 2023, and 2024), S8UL returns as a frontrunner in the category that has established it among the most decorated organizations in Esports Awards history. The nomination further reinforces its dominance as a content powerhouse and community leader.
Esports Personality of the Year – Animesh Agarwal (8Bit Thug)
As the driving force behind S8UL, Animesh Agarwal has been recognised for his immense contributions to India’s gaming ecosystem and his leadership in bridging the worlds of esports, entertainment, and brand partnerships. Under his guidance, S8UL has become one of the most influential organizations in global esports.
Esports Content Creator of the Year – Raj Varma (Snax)
Raj Varma, one of India’s most beloved creators, has been nominated for his engaging storytelling, skill-based content, and influence in shaping the next generation of gamers. A former esports athlete, he is now among the country’s biggest gaming creators, with over 2.15 million subscribers on YouTube and 1.1 million followers on Instagram.
Streamer of the Year – Payal Dhare (PayalGaming)
One of India’s most prominent gaming personalities, Payal Dhare has been recognized for her trailblazing journey that continues to inspire millions of women gamers. Known for curating diverse gaming content, she remains the only female gamer from India to win an international award, paving the way for more women to pursue gaming professionally.
This recognition follows a landmark year for S8UL, which represented India at the Esports World Cup 2025 in Riyadh after becoming the first and only Indian organization selected for the prestigious Club Partner Program by the Esports World Cup Foundation. Last year, Naman Mathur (Mortal) brought further pride to India by winning ‘Esports Content Creator of the Year,’ marking a first for an Indian creator on such a global platform.
As the world gears up for the Esports Awards 2025, all eyes are now on S8UL and its creators to once again make India proud on the world’s biggest esports stage.
Voting for the Esports Awards 2025 is now live at www.esportsawards.com/vote, and will remain open until November 12, 2025.
The post S8UL creating history as the first Indian organization to secure four nominations at Esports Awards 2025. appeared first on European Gaming Industry News.
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Gaming in Germany Conference confirms new speakers, breakout program

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The Gaming in Germany Conference, which will take place November 11 in Berlin, has added several new speakers to its already impressive agenda.
Sebastian Buchholz, Head of Licensing and Market Supervision, Gemeinsame Glücksspielbehörde der Länder (GGL), will deliver the event’s keynote address.
The operator’s perspective will be well represented at this year’s Gaming in Germany Conference, with Christian Heins, Director iGaming Tipico; Alex Green, Vice President – Games, ZEAL Network; and Ewout Keuleers, former General Counsel, Kindred Group all confirmed to make an appearance at our event.
Naturally, attendees will also hear from both German and European trade associations, with Dr. Dirk Quermann, President, Deutscher Online Casinoverband (DOCV); Mathias Dahms, President, Deutscher Sportwettenverband (DSWV); and Maarten Haijer, Secretary General of the European Gaming and Betting Association (EGBA) contributing.
Willem van Oort, founder of Gaming in Germany commented: “I am extremely pleased with this year’s speaker lineup. I think it speaks of the relevance of our event, and especially the key topics that we are highlighting this year: the threat of the black market and the evaluation of the 2021 State Gambling Treaty. I see that licensed operators are highly committed to making the German iGaming market more sustainable and competitive and I am very happy that we are trusted to play a role in promoting fruitful discussion and debate on these topics.”
“As the event takes place while the evaluation of the 2021 State Gambling Treaty is ongoing, this is certainly the time to be part of the conversation,” van Oort added.
Breakout program and networking opportunities
In addition to its main program, the Gaming in Germany Conference will also feature several highly practical breakout sessions on data compliance, game certification, RG, live casino, eSports, and much more.
The full agenda, including breakout program, is available here.
In addition to a loaded program, the Gaming in Germany Conference also offers plenty of networking opportunities during pre-conference dinner, coffee breaks, lunch, and concluding networking drinks.
Practical information
The 2025 Gaming in Germany Conference takes place Tuesday, November 11, 2025, at the DoubleTree Hilton Ku’damm in Berlin – just 100 meters from the magnificent Kurfürstendamm.
The post Gaming in Germany Conference confirms new speakers, breakout program appeared first on European Gaming Industry News.
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PAGCOR LAUNCHES DIGITAL SPACE FOR GAD

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PAGCOR proudly launched today its Gender and Development (GAD) Digital Corner dedicated to promoting gender equality, empowerment, inclusivity, and diversity within the organization and beyond.
The digital space features comprehensive GAD-related contents including the latest news and announcements, significant laws and issuances, projects and activities, and other beneficial resources.
The PAGCOR Digital Corner will be displayed as wallpaper on all office desktops with the new GAD logo and a QR code directing to the GAD Digital Corner website from October 16 to November 16, 2025.
This initiative highlights PAGCOR’s continuing support to gender equality and inclusivity in the workplace, in relation to Republic Act No. 9710 or the Magna Carta of Women.
The post PAGCOR LAUNCHES DIGITAL SPACE FOR GAD appeared first on European Gaming Industry News.
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