Industry News
Luckchemy Collects a Team of Advisers and Supporters to Make a Revolution in Online Gambling
There are just a few basic questions investors should ask themselves before participating in any ICO, especially an iGaming ICO. Luckchemy is a blockchain startup that is going to revolutionize iGaming.
Founded in September 2017, by a team of experienced developers in the iGaming industry, Luckchemy provides blockchain-based games with fully verifiable results. Luckchemy hopes to become a global platform that will embrace players from all over the world. And that’s why it has every chance to do this:
Luckchemy followed their roadmap, perfectly. The platform is being developed on schedule with regular updates and the team has been actively releasing new games like lotteries and scratch cards.
Luckchemy had a working MVP before even going to their ICO.
Project co-founders Alexander Tatarchuk and Alex Topchienko have more than 13 years of managing web products for both mobile gaming and digital marketing. CMO Mark Beck has more than a decade of experience in the gambling industry scaling some of the largest social casino apps in the world.
In April 2018, New Alchemy performed a comprehensive audit of Luckchemy and gave several recommendations, after which a second audit was conducted. New Alchemy came to the conclusion that Luckchemy’s smart contracts were extremely well protected and there were no critical vulnerabilities for hackers to exploit.
A show of support from a reputable organization is an extremely important benchmark for a young startup entering the market. With that in mind, Luckchemy is extremely excited to announce its new partnerships with Mr.Bet and KrowdMentor.
Mr.Bet is an online casino with a wide array of games, like slots, table games, and live casino titles. Mr.Bet puts Luckchemy’s blockchain-based games directly on the Mr.Bet platform. This means Luckchemy gets more exposure on the platform while Mr.Bet gets to increase its library. Also, Luckchemy provides its technology to Mr.Bet, benefitting Mr.Bet’s platform and mobile app. The partnership also establishing a publishing pipeline for future games.
Another Luckchemy’s big partner is KrowdMentor, a strategic investment and advisory firm empowering blockchain startups, funds, and entrepreneurs. KrowdMentor excels at fundraising, communication management, business and technical development, and more. As a multifaceted strategic organization, their role in guiding successful ICOs is difficult to overestimate.
In addition to large projects, a number of advisors joined the Luckchemy’s struggle for a new quality of iGaming.
Brad Yasar, KrowdMentor’s co-founder, and Managing Partner will help Luckchemy with managing and building relationships with investors, executing marketing & PR, community management & communication strategy, ICO Management & strategy and financial analysis.
He has started and bootstrapped several companies from inception to maturity over the past 20 years. As the co-founder of Blockchain Investors Consortium, Brad has participated in dozens of successful crowd sales, which have raised over $500 million from 10,000s of investors since 2016. Brad is a director of Yasar Corporation where he mentored, advised, and invested in more than 50 companies.
Sameer Gupta is a serial entrepreneur and technologist. Sameer specializes in bringing innovative consumer-facing products to market. His recent ventures have focused on gambling and skill-based gaming. Sameer will help Luckchemy with market strategy, connections, and partnerships with lotteries, fundraising.
Ofir Ventura has been practicing law for over 14 years. In the past two years, he has expanded his role surrounding blockchain technology. His blockchain experience consists of working with a peer to peer cryptocurrency exchange and a unique one of a kind proprietary e-wallet company. Furthermore, he has built up successful companies from the ground up in the eSports and Gambling industries. Ofir will provide Luckchemy with games development and legal consulting. He also helps Luckchemy in building connections with other lotteries.
There is a lot of money to be made out there on a lot of promising projects, but sorting through the ICOs can seem daunting, confusing, and like an accident waiting to happen. When in doubt, remember to ask yourself these key questions about the ICO you have considered investing in and use Luckchemy as an example of what to look for.
And for those interested, Luckchemy’s ICO is currently underway. Visit Luckchemy today to find out how to receive tokens at a 40% discount.
Source: Cryptoslate.com
Industry News
SKS365 keeps investing in people: GROW People Management Program took the next level
11 experienced people managers from the SKS365 group’s 4 locations gathered last week in Belgrade for the new GROW People Management Program. From 15 th to 19 th of April, through trainings, discussions, and social connections, people had the opportunity to further grow individually and as a team, while enjoying Belgrade’s city center and rivers.
Created in 2023 with the purpose of building foundation people management skills across the organization, GROW initiative evolved this year by including a new, advanced program for experienced people managers to further consolidate their skills and prepare for future opportunities.
Building and fostering connections, sharing experiences, and enjoying team building experiences – all these activities have been part of the GROWpmp agenda for the 11 people managers coming from Commercial, Product and Development, Finance, and Sportsbook departments of the group’s 4 locations – Malta, Italy, Austria, Serbia.
GROWpmp included a variety of topics that people managers in SKS365 recognized as the key areas for management development. Topics such as influence through communication, team effectiveness, DEI, through to presentation skills and business topics like understanding finance and management reporting, were delivered with the support of external professionals and internal experts, while designed and organized by the SKS365 People & Culture team.
Industry News
Kindred’s Share of Revenue from High-risk Players Shows Slight Increase
Kindred Group plc’s (Kindred) share of revenue from high-risk players showed a slight increase to 3.2% (Q4 2023 3.1%) in the first quarter of 2024. Compared to the first quarter of 2023, the high-risk revenue share decreased marginally. The percentage of detected customers who exhibited improved behaviour after interventions came in at 87.1% (compared to 87.4% in Q4 2023 and 83.0% in Q1 2023). This sustained trajectory in the improvement effect after interventions, observed over an extended period, serves as a testament to the strong dedication and collective efforts throughout the company. It reflects Kindred’s ongoing commitment to fostering positive change within the industry.
“We continue to see our share of revenue from high-risk players fluctuate quarter to quarter, and we are working closely with all teams across the company to support customers towards a more sustainable gambling experience. However, it is encouraging to see that our Journey towards Zero data has steadily decreased since 2020. A similar trend can be seen across the healthier gambling behaviour effect after interventions. This tells us two things: our work is paying off, but we need to continue to push ourselves to propel a sustainable progression,” Alexander Westrell, Director of Communications at Kindred Group, said.
“It was very encouraging to witness the open and transparent discussions at the Sustainable Gambling Conference in London on 20 March, where those with lived experience shared their important stories. Also, it is evident that technology is moving forward, and will provide greater opportunities to detect and intervene in the future. We hope to see more regulators engage with the industry and with experts to secure a more sustainable industry for everyone,” Alexander Westrell added.
Industry News
PENN Entertainment Names Aaron LaBerge as Chief Technology Officer
PENN Entertainment announced that Aaron LaBerge has been named Chief Technology Officer (CTO) effective July 1, 2024, subject to customary regulatory approvals. Mr. LaBerge will report directly to PENN CEO & President Jay Snowden.
In his new role, Mr. LaBerge will be responsible for driving the technology strategy and execution for PENN, while leading the multinational team of technologists and serving as the key business leader for the company’s Interactive division.
Mr. LaBerge spent more than 20 years at The Walt Disney Company, in two stints separated by five and a half years as a technology entrepreneur. He was most recently President & Chief Technology Officer for Disney Entertainment and ESPN where he was responsible for driving all technology and product development in support of The Walt Disney Company’s two media divisions. In that role, he helped set the vision and strategic leadership for how Disney uses technology to enable storytelling and innovation, drive its business, and create unparalleled consumer experiences with entertainment and sports content.
“We are thrilled to have someone of Aaron’s caliber join our PENN executive team. Having overseen a global organization of thousands of engineers, product developers, designers, technologists, and data scientists that created some of the largest scale and most successful media properties in the world, there is no better candidate to lead our Technology and Interactive division into its future. I know Aaron is looking forward to working with Todd George, our head of operations, and our entire Executive Team to continue growing our position as a leader in online gaming, sports betting, and digital sports media,” Mr. Snowden said.
“I’m excited to join another talented team at PENN Interactive and lead our technology strategy. PENN Entertainment is at the forefront of the fast-changing gaming and sports media industry. I plan to use my experience from Disney and ESPN to help make ESPN BET an essential piece of the sports fan experience. Together, we’ll push the limits and redefine how fans interact with sports and gaming,” Mr. LaBerge said.
Prior to his most recent role at the Walt Disney Company, Mr. LaBerge was Executive Vice President and Chief Technology Officer at ESPN from 2015 to 2018. At ESPN he played an instrumental role in the growth of ESPN’s consumer-facing digital media products and services – leading many of ESPN’s most ambitious and challenging projects and helping establish ESPN’s position as the leader in digital sports and innovative sports technology development. He was a key architect in the design, development, and engineering of ESPN’s state-of-the-art facilities in Bristol, CT; Los Angeles, CA; Charlotte, NC; and Austin, TX, as well as data centers and infrastructure that connect those facilities around the world, as well as the technology design and development to support the launch of the multi-platform SEC Network.
Between 2007 and 2012, LaBerge was co-founder and CEO of Fanzter, Inc. – a venture-funded consumer software and digital product development company. At Fanzter, he directed all day-to-day operations and led the development and launch of a variety of consumer-focused internet and mobile products, ground-breaking social and commerce technologies and more.
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