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ComeOn Group strengthens its Executive Team with three new C-Level hires

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ComeOn Group continues to build on its CSR strategy through ComeOn Cares
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Leading gaming operator ComeOn Group announced the addition of three new C-Level hires to its Executive Team. The group has appointed Cristiano Blanco as Chief Product Officer, Mikael Ångman as Chief Information Officer, and Efi Peleg will join the company at a later date as Chief Marketing Officer. ComeOn, with more than 500 employees across multiple offices in Europe, is following a growth strategy implemented during 2021 that is set to accelerate in 2022 and beyond. The new hires are a strategic move to further strengthen the Executive leadership team at ComeOn Group as a part of their growth strategy.

ComeOn recently appointed Cristiano Blanco as their Chief Product Officer, who will be combining product operations, product development & design, and roadmap management across the board under one ownership. Cristiano has a proven track record in managing multi-brand product development across Casino and Sports. He has joined ComeOn from Kindred Group and will be based in Malta.

Mikael Ångman has joined as Chief Information Officer with a focus to lead the technology and platform development of ComeOn’s proprietary iGaming platform. Mikael comes with a proven track record of managing and scaling technology operations within the iGaming industry. Mikeal’s wide experience ranges from Mobenga/Playtech, Gaming Innovation Group, and recently NetEnt. He will be based in ComeOn’s Stockholm office.

Efi Peleg will join ComeOn as Chief Marketing Officer and will oversee the performance and development of all marketing channels across the group’s brands and markets including ComeOn’s own proprietary Affiliation platform. Efi will join the ComeOn team at the beginning of next year and will be based in the group’s London office.

Juergen Reutter, Chief Executive Officer at ComeOn Group said “We are excited to have Mikael, Cristiano and Efi joining ComeOn’s diverse and experienced Executive Team. Product, Technology and Marketing are a key part in our growth acceleration moving forward and we are thrilled to have their leadership within ComeOn to drive the business to new heights. Our leadership team is now complete with both new and existing Executive team members, adding on to that we have our Hybrid Office approach that is pioneering and will set us apart making sure to keep and attract talent in our industry. ComeOn has a history of innovating in this exciting industry for more than 12 years and we have a solid growth strategy in place, in which Product, Tech, and Marketing play a key role. The recent launch of WeSpin is one of many examples where our organisation keeps innovating with Product, Tech and Marketing coming together and driving our differentiating edge.”

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Gaming Innovation Group is contemplating a bond tap issue

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Gaming Innovation Group expands its reach in online gaming with the acquisition of Casinomeister
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Gaming Innovation Group Inc. (“GiG”) has mandated ABG Sundal Collier and Pareto Securities as managers to arrange a series of fixed income investor meetings commencing on 17 June 2024. GiG is contemplating to issue subsequent bonds under GiG’s existing senior secured bond framework with ISINs NO0013024018 (the “EUR-tranche”) and NO0013095687 the (“SEK-tranche) in an expected amount of EUR 15 million equivalent. Subject to, inter alia, market conditions a capital markets transaction may follow.

For further information, please contact:
Tore Formo, Group CFO, [email protected], +47 91668678

 

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Ixia launches $20 million global gaming venture Fund and Studio

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Ixia launches $20 million global gaming venture Fund and Studio
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Ixia Capital, a venture capital fund and studio, has launched with an investment of $20 million focused on high-growth companies across gaming, esports, digital assets, and complementary technologies.

The fund has been founded by partners with deep firsthand iGaming industry experience, enabling entrepreneurs to realise innovative ideas, technologies, and transform business models into profitable companies.

Ixia Capital is a global fund with a focus in India, Africa and UAE where the mission is to accelerate development and manage risks to help ventures succeed in specialised fields. The fund is based in the Cayman Islands, while the Ixia Studio is headquartered in the USA.

Ixia Capital CEO and Venture Partner Mona Motwani, said: “It’s a proud moment for us to officially launch Ixia Capital. Our mission is partnering with driven entrepreneurs to equip them with resources, expertise, exposure and capital that allow them to build the best ideas into great companies. Through this hands-on approach, Ixia is all about accelerating ideas and mitigating risks.”

Ixia Studio, the venture studio arm of Ixia Capital, is in the process of launching six disruptive projects – FasFas Games, a Sports NFT Trading Exchange, a Gaming Loyalty Reward Platform, Sports Investment Thought Leadership Platform, and a Sports Coverage and Games Engagement App. The role of the Studio is to provide funding, resources, and operational support to help entrepreneurs build and scale companies.

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SPOTLIGHT SPORTS GROUP AGREES NEW DEAL WITH HONG KONG JOCKEY CLUB

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SPOTLIGHT SPORTS GROUP AGREES NEW DEAL WITH HONG KONG JOCKEY CLUB
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Spotlight Sports Group (SSG), a world-leading technology, content, and media company specialising in sports betting, has signed a deal to extend a multi-year agreement with the Hong Kong Jockey Club (HKJC).

The long-term partnership, powered by the Racing Post, will promote Hong Kong racing to a worldwide audience through the provision of full racecards for the Hong Kong Jockey Club meetings at Sha Tin and Happy Valley, editorial and tipping content. The partnership will also enable free-to-view live streams and replays of all Hong Kong racing via Racing Post digital platforms.

The collaboration also sees the promotion of the HKJC’s World Pool initiative, specifically with editorial, tipping and signposting of World Pool meetings. Spotlight Sports Group is delighted to have this agreement in place before Royal Ascot, a meeting that not only features high-class horse racing, but five days of World Pool betting.

James Fitzpatrick, Account Director for B2B Content Services at Spotlight Sports Group, said: “The Hong Kong Jockey Club is one of our key partners and I’m delighted we will be continuing our relationship. Extending this deal ahead of Royal Ascot will allow us to continue to promote World Pool days to a global audience during one of the biggest international meetings of the year.”

The view was shared by Michael Fitzsimons, Executive Director, Wagering Products of the HKJC: “The HKJC and Racing Post are two of the most powerful and respected brands in the horse racing industry and we can see many great opportunities to work together to achieve our goals and longer-term vision throughout the life of the agreement.”

 Spotlight Sports Group aims to support the global betting, horse racing and fantasy sports industries.

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