Connect with us
SIS

Asia

QTech announces global ambitions for 2019

Zoltan Tundik

Published

on

Reading Time: 2 minutes

 

Fast-moving, Asia-focused distributor appoints Markus Nasholm to expand global footprint

QTech Games, Asia’s fastest-growing games distributor, has appointed Markus Nasholm to the new role of Global CEO, as it seeks to extend its presence and influence across the industry.

Nasholm has recently arrived at QTech Games after successful stints at Bet24 (part of the Kindred Group) and the casino and sports affiliate, Catena Media. There, he routinely proved himself across a suite of senior roles, having taken the reins as Chief Financial Officer in 2016. Showcasing a series of core capacities, from managing finance projects (featuring an IPO / listing on Nasdaq Stockholm Mid-Cap market) to broader international finance planning, Nasholm quickly established himself as a rising star of igaming.

Equally adept in the key domains of Corporate Development and M&A, this Chartered Accountant and MBA is well-equipped to oversee a brand’s maturation throughout worldwide markets, emerging or established, with a keen eye for global strategy.

Now Nasholm brings all his expertise and 15-plus years of industry experience to bear at one of the world’s leading online gaming platforms, based in the gaming mecca of Manila. Having already secured its status as the number-one aggregator in Asia, QTech Games has tasked Nasholm with replicating those gains across breakout territories, like LatAm and Africa, over the year ahead.

The Board of QTech Games issued a statement saying: “We’re thrilled to have installed Markus at the helm of the QTech team for 2019 and beyond. We’ve always been intent on recruiting only the best personnel on the planet, not just the best games, and this key hire is an embodiment of that mission statement.

“We now have a Global CEO who has proved himself in high-growth gaming arenas, from start-ups to venture-capital vehicles and on to multinational blue-chip companies. This breadth of multi-dimensional experience, allied to his innate team leadership and flair for bottom-line accountability, made Markus the logical choice to wisely steward the expansion of our global footprint into new territories.”

Nasholm himself added: “It’s a hugely exciting time to be taking on this new challenge alongside a few of the brightest minds in the industry, coupled to some of the most pioneering technology. After a successful 2018 of double-digit growth, enhancing the speed and performance of all games on its platform, QTech has careered into the industry consciousness with a series of new deals and innovative tools.

“Just take the landmark launch of our new campaign tool in Q4 2018 that will enable operators to run campaigns across the entire QTech portfolio. Such is the collective quality and passion of the team – from our machine-learning software to our targeted departments for Africa and Latin America – the distributional scope is there to facilitate QTech Games’ transition into one of the largest providers of digital entertainment around.”

 

About QTech Games:

QTech Games is the fastest growing game distributor in Asia. Its mission is to find the best online (RNG) games in the world and distribute them to operators in Asia. Mobile games provide the central focus of the company, which is premised on a fully-owned and customised technical platform that affords games providers and operators the fastest, most effortless integration on the market. Through this platform, clients enjoy the best performance and customer support available. QTech Games’ goal is to become the largest provider of digital entertainment in Asia by 2021.

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

Continue Reading
Advertisement
Comments

Asia

Interblock Renews its ETG Lease Deal with PAGCOR for an additional 3 Years

George Miller

Published

on

Interblock Renews its ETG Lease Deal with PAGCOR for an additional 3 Years
Reading Time: 2 minutes

 

Luxury gaming manufacturer and electronic table game (ETG) market leader Interblock® announced the renewal of its ETG lease deal with the Philippine Amusement and Gaming Corporation (PAGCOR) for another 3 years via its long term partnership with Indepth Insights Inc. (Indepth).

Interblock together with its local agent, Indepth, inked the very first ETG revenue-share lease deal with PAGCOR in June of 2015 at 12 PAGCOR operated casinos for a period of 3 years. As part of the deal Interblock supplied, installed and maintained 192 G5 Diamond play stations with fully automated Roulette and video Baccarat Stadiums. At the end of December 2018 the total number of seats had increased to 204 G5 Diamond play stations spanning across 14 PAGCOR operated casinos throughout major cities in the Philippines.

Interblock’s President of Asia Pacific, Michael Hu, said: “The revenue generated from our first installations had increased strongly from month to month through our continuous performance appraisals. It is with great honor that through our partnership with Indepth and PAGCOR and their continued support of our ETG products we have been able to extend the lease agreement for another 3 years, through January of 2019. This is a win-win partnership combination.”

 

About Interblock

Interblock® is a worldwide leading developer and supplier of luxury electronic table gaming products. Its multi-player gaming devices set industry standards and provide the ultimate in luxury interactive entertainment experiences. The Interblock brand is globally recognized for diamond quality gaming solutions and technical support in more than 200 jurisdictions. Interblock’s exclusive collection of fully and semi-automated electronic gaming tables and video gaming solutions provide casinos, arcades and gambling halls with superior product performance and their guests with an unforgettable gaming experience.

 

 About PAGCOR:

The Philippine Amusement and Gaming Corporation (PAGCOR) is a 100% government owned and controlled corporation under the Office of the President of the Republic of the Philippines through the Presidential Decree 1067-A.  This was in response for the Philippines Government to put a stop to the growing proliferation of illegal casino operations in various parts of the country.  The law creating PAGCOR was later amended and consolidated under PD 1869 otherwise known as the PAGCOR Charter.  In June 2007, Republic Act No. 9487 was passed by the Philippines Congress, extending the corporate life by 25 years, renewable for another 25 years.  Currently, PAGCOR operates 9 casino branches and 31 satellite casinos in major cities across the country’s three major islands.  For more information, visit http://www.pagcor.ph.

Continue Reading

Asia

MGM Resorts and Orix announces formal bid for Osaka IR

Niji Narayan

Published

on

MGM Resorts and Orix Announces formal bid for Osaka IR
Reading Time: 1 minute

 

MGM Resorts International, the US casino operator, is going to develop an IR in Osaka with the local partner Orix.

Osaka prefecture and city is aiming to open an IR in 2024, with the public offering for submission of a concept starts on 24 April. Participant registration will remain open until 24 May with the formal offering for bidders to take place in the Fall. The winning bid is expected to be announced in Spring.

“We are hoping to see many Kansai corporations participate in our business effort, regardless of their size, in order to express the local flavor,” Ed Bowers, CEO of MGM Resorts Japan said.

He describes Orix as “an excellent company deeply rooted in Kansai. Their passion really stood out in their research and study of an IR.”

Continue Reading

Asia

BJP Requests Goa State Government to Shut Down Offshore Casinos

Niji Narayan

Published

on

BJP Requests Goa State Government to Shut Down Offshore Casinos
Photo Source: hindustantimes.com
Reading Time: 1 minute

 

Legislative assembly by-election in the city of Panaji is scheduled on 19th May. The by-election is to fill the seat lying vacant after the death of former Chief Minister Manohar Parrikar.

An anti-casino sentiment has gained momentum ahead of the crucial by-election. After all major political parties including Congress, Goa Suraksha Manch, Bharatiya Janata Party (BJP), Goa Forward Party and Aam Aadmi Party came out with promises to the Panaji electorate to remove offshore casinos from the River Mandovi.

“The party’s demand is that offshore casinos should be shut. If people don’t want onshore casinos, which function from five-star hotels, they too will be closed… We have been assured that the government is thinking about it and that if time comes, we will shut casinos,” Vinay Tendulkar, BJP’s Goa Unit President and Rajya Sabha MP said.

Now, it remains to be seen whether there will be any change in the state government’s policy on casinos in the near future.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.