Industry News
OPAP to become major stakeholder in GML Interactive
The Greek lottery operator OPAP S.A., subsidiary OPAP Investment Ltd, is going to buy 51 per cent of Stoiximan Group’s Greek and Cypriot operations under GML Interactive. The deal worth Euro 94.86 million plus net cash in hand on the closing date.
“Stoiximan Group generated revenues of Euros 136 million and EBITDA of c. Euros 16 million in 2017. Revenues increased further in the first 11 months of 2018 (+30 per cent y-o-y), demonstrating significant growth across all jurisdictions, while the active customers’ base has also climbed by 29 per cent vs. 2017,” – OPAP press statement.
“Stoiximan’s strategy remains focused on strengthening its position in the domestic market and intensifying its technology orientation, while at the same time actively pursuing further expansion.”
Industry News
DiffusionData Appoints Raphael Vergnaud as CRO
DiffusionData, the pioneer and leader in real-time data streaming and messaging solutions, today announced that Raphael Vergnaud has been appointed as Chief Revenue Officer (CRO). Prior to joining DiffusionData, Raphael held senior roles in Canada with Montrium and Zendrive, and was CRO at Keatext. Prior to that he was the Regional VP Sales at Tangoe.
As CRO, Raphael will be responsible for overseeing and optimising all revenue-generating activities at DiffusionData. This includes sales and marketing with the objective of maximising revenue and driving business growth through effective strategies and operations.
Raphael Vergnaud, CRO at DiffusionData, said: “DiffusionData has an industry leading reputation for solving the real-time, event-data consumption and delivery challenges at scale faced by many organisations over the Internet, especially in Financial Services and iGaming. I’m excited to join the team at a time when frameworks, such as Diffusion, are becoming integral to the enablement of digital transformation strategies. I am committed to ensuring the company continues to build on the momentum and accelerate the success it has achieved in recent years.”
Raphael has more than 25 years of international experience in enterprise sales. He has a unique profile for a sales leader, combining technology expertise as software engineer (EPITA) with an MBA qualification in finance and marketing from the University of Chicago Booth School of Business. His core competencies include new business development, sales strategy, and performance sales team creation. Having worked extensively in the US and EMEA, he is experienced in complex sales processes and thrives on delivering results.
Grethe Brown, CEO of DiffusionData, said: “Having worked with Raphael in the past, I know that his financial and business expertise, commercial acumen and leadership qualities are second to none. Raphael will be pivotal in helping us implement our growth strategy and achieve our revenue goals. We’re delighted to have him on board and welcome him to our senior leadership team.”
DiffusionData’s framework, Diffusion, is used by companies worldwide in sectors such as financial services, eGaming, retail, transportation, health and digital media. Its patented delta streaming sends only the most recently updated data to millions of consumers in real-time, reducing bandwidth requirements, latency and cloud infrastructure costs. The framework is purpose-built to simplify real time data distribution, and economically deliver hyper-personalised data.
About DiffusionData
DiffusionData (formerly Push Technology) is a pioneer in real-time data distribution, providing infrastructure software for fast-moving data streams. The software is delivered as a cloud, on-premise, or hybrid solution to companies worldwide in sectors such as financial services, iGaming, retail, transportation, health, defence, and digital media.
DiffusionData empowers organizations to connect, transform, and deliver real-time data. This supports informed decisions and drives business innovation in an ever-evolving digital landscape. Serving personalised low-latency data to tens of thousands of endpoints presents a difficult scaling challenge that Diffusion solves. The DiffusionData team merges business and technology insights to create world-class solutions. Learn more at www.diffusiondata.com.
Industry News
Kindred Group Announces Changes in the Board of Directors
Kindred Group plc announced that after settlement of the public offer launched by La Française des Jeux on Kindred, its Board of Directors has received the resignations of the Chairman of the Board, Evert Carlsson, and the Directors James H. Gemmel, Cédric Boireau, Andrew McCue, Jonas Jansson and Kenneth Shea, which resignations have been rendered effective on 14 October 2024. Heidi Skogster and Martin Randel will remain directors until their term of office expiring on Kindred’s next annual general meeting to be held in 2025.
In accordance with article 77 of the Company’s articles of association, with effect from 14 October 2024, the Board of Directors of Kindred has elected Pascal Chaffard, Edeline Minaire and Célia Vérot as new Directors upon proposal of La Française des Jeux, in replacement of the resigning Directors and in order to fill some of the casual vacancies arising as a result of the abovementioned resignations. The appointment of such Directors shall be for a term which shall expire at Kindred’s next annual general meeting to be held in 2025. Pascal Chaffard has been elected as new Chairperson of the Board.
Following these changes, the Board of Directors of Kindred will consist of Pascal Chaffard, Edeline Minaire, Célia Vérot, Heidi Skogster and Martin Randel.
In addition, with effect from 14 October 2024, the Company’s Audit Committee shall be composed of Heidi Skogster (Chairperson), Martin Randel and Edeline Minaire, while the Company’s Remuneration Committee shall be composed of Pascal Chaffard (Chairperson), Martin Randel and Heidi Skogster.
Industry News
The Golden Palace Group to Open Fourth Casino in France
The Golden Palace Group, a key player in the gaming sector, announced the forthcoming opening of its fourth casino in France, in Digne-les-Bains. Scheduled to open in 2027, this unique project represents a new milestone in the Group’s ambitious expansion plan across France.
Architecture for natural integration
The Digne-les-Bains casino will be built in the heart of a green setting, in a unique natural environment. With its timeless architecture, the establishment will respect the town’s ecological and urban balance. The project will emphasize harmonious integration into the local landscape while offering a modern infrastructure, including a gaming hall, restaurant, bar and a space specially designed to host cultural events and shows.
A catalyst for local dynamism
The Digne-les-Bains casino project is not just about entertainment. It will play a key role in the region’s economic development. It will create 30 direct jobs, while generating financial spin-offs estimated at 18 million euros for the municipality. This new attraction will contribute to the vitality of Digne-les-Bains, enhancing its appeal for residents and visitors alike.
A strong commitment to responsible gaming
Since its creation, the Golden Palace Group has always been committed to providing a safe and responsible gaming environment. The Digne-les-Bains casino is no exception to this rule. Initiatives will be put in place to raise players’ awareness of the risks associated with excessive gambling, and to provide them with the tools they need to practice their profession in a responsible manner. The protection and well-being of players remain priorities for the Group.
A project designed for and with the region
The Digne-les-Bains casino was designed not only with tourists in mind, but also, and above all, with local residents in mind. As Massimo Menegalli, CEO of the Golden Palace Group, explains: “This casino was envisioned not just for the people of Digne-les-Bains, but also for tourists. We are convinced that it is possible to create respectful and responsible recreational facilities that benefit everyone.”
Scheduled to open in 2027
Scheduled to open in 2027, the Casino Golden Palace Digne-les-Bains will represent a major milestone in the Group’s expansion in France. The project embodies Golden Palace’s commitment to developing innovative entertainment venues that meet local expectations, while respecting environmental and social issues.
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