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Gaming Innovation Group – Mandatory notification of trade

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Disclosure of shareholding in Gaming Innovation Group Inc − completion of equity investment
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Gaming Innovation Group Inc. (GiG) has today granted 1,700,000 options to key employees. The exercise price is NOK 22.00 per share, and the options are exercisable with 20% after 1 January 2023, 30% after 1 January 2024 and 50% after 1 January 2025.  All options expire on 31 December 2027 and are conditional upon employment at time of exercise.

Richard Brown, CEO and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Richard Brown and close associates holds 121,000 shares in GiG and 110,000 options to buy shares in GiG.

Ben Clemes, CCO and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Ben Clemes holds 1,907,146 shares in GiG and 60,000 options to buy shares in GiG.

Chris Armes, CIO and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Chris Armes holds 0 shares and 210,000 options to buy shares in GiG.

Tore Formo, Group CFO and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Tore Formo holds 458,167 shares in GiG and 60,000 options to buy shares in GiG.

Justin Psaila, CFO and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Justin Psaila holds 2,100 shares in GiG and 132,000 options to buy shares in GiG.

Jonas Warrer, Chief Marketing Officer and Managing Director of GiG Media, and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Jonas Warrer and close associates holds 400,886 shares in GiG and 60,000 options to buy shares in GiG.

Claudio Caruana, General Counsel and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Claudio Caruana holds 100 shares in GiG and 60,000 options to buy shares in GiG.

Claudia Ginex, Chief People Officer and primary insider of GiG, has been granted 30,000 options to buy shares in GiG with the terms set out above. After the grant, Claudia Ginex holds 0 shares in GiG and 60,000 options to buy shares in GiG.

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REEVO Announces Strategic Partnership with Astro Play Gaming

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REEVO, a leading B2B content and aggregation platform dedicated to transforming the iGaming industry, is thrilled to announce its strategic partnership with Astro Play Gaming, a prominent B2B aggregator platform known for its comprehensive and customised solutions for the gaming industry.

Astro Play Gaming offers an extensive selection of over 11,000 games from the world’s best providers, providing operators with unparalleled diversity and quality in gaming content. This partnership will see REEVO’s innovative casino games and cutting-edge aggregation solutions integrated into Astro Play Gaming’s platform, further expanding the range of options available to operators and enhancing player experiences across the globe.

Petra Poola, Head of Sales at REEVO, said: “We are excited to join forces with Astro Play Gaming. This collaboration represents a significant step in our mission to revolutionize the iGaming industry by providing operators with a broader range of high-quality content and innovative solutions. Astro Play Gaming’s robust platform, combined with REEVO’s expertise in game development and aggregation, will undoubtedly lead to exceptional outcomes for operators and players alike.”

“By integrating REEVO’s diverse portfolio of high-quality casino games and advanced aggregation solutions, we are enhancing our platform’s offerings and empowering operators to deliver even more engaging and satisfying experiences to their players. This partnership aligns perfectly with our commitment to providing the best-in-class solutions in the gaming industry,” said Stella Ioannou, Business Development Director of Astro Play Gaming.

The partnership underscores REEVO’s dedication to driving innovation and player satisfaction in the iGaming industry, while Astro Play Gaming continues to solidify its position as a leading B2B aggregator platform.

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WA Technology ready to transform partners’ operations at SBC Summit

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WA Technology ready to transform partners’ operations at SBC Summit
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Leading supplier ready to unveil latest innovations for LatAm operators at stand C155, Feira Internacional de Lisboa

WA.Technology, the award-winning B2B iGaming solutions provider, is ready to unveil its latest innovations across its lottery and sportsbook platforms at the SBC Summit in Lisbon later this month.

Already recognised as one of Latin America’s most successful B2B partners, the premium solutions provider is set to showcase multiple product launches specifically designed for LatAm operators.

The result of more than a year’s R&D work, a major highlight of WA.Technology’s latest launches will focus on giving its LatAm partners a major advantage across the fast-growing lottery vertical.

Already hugely popular across online, WA.Technology will unveil its latest WA.Lottery product at stand C155, which promises to revolutionise how online operators engage with retail lottery bettors across Latin America.

WA.Technology’s partners will now be able to integrate the provider’s newly upgraded lottery product directly into their online casino or sportsbook via a seamless wallet integration.

Representing a high-performing acquisition tool for all partners, players can access more than 70 of the world’s biggest lottery formats, including weekly prizes of $100m across all LatAm and Brazilian draws.

Highly popular Lottery games from the USA, such as Powerball and Megamillions, will also be available, with jackpots reaching in excess of $1bn.

In addition, WA.Technology will unveil its new fantasy sports and Pick’Em Play Props offering, which is being rolled out imminently to big-name operators across the Latin American market.

Designed for players to unleash their sporting expertise across Daily Fantasy Sports and Free-to-Play predictor games, both represent a tried-and-tested acquisition tool for LatAm operators to boost engagement, retention, and cross-selling opportunities.

Axel Antillon, Regional Director for Latin America at WA.Technology, expressed his excitement for the upcoming event: “The SBC Summit is fast approaching, and we can’t wait to showcase our portfolio of solutions to delegates at the event! At WA. Technology, our mission is to provide our operator partners with all the tools they need to scale their business within new markets.

“LatAm is quickly emerging as a major powerhouse for the gambling industry, with markets such as Brazil and Peru opening up, while Colombia, Costa Rica, and Mexico are all experiencing tremendous growth. Our wealth of local expertise, combined with our top-tier solutions and a reputation for excellence, mean WA.Technology is fast becoming the market’s go-to platform provider.”

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The World Tote Association (WoTA) announces election of a new Board; welcomes new members for 2025-26

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10th September 2024 – At the WoTA General meeting, hosted at the recent Asian Racing Conference in Sapporo, Japan, Board members worked collaboratively to establish a dynamic agenda for the organization, focused on multiple key objectives:

  • Creating stronger national and global betting pools, especially through commingling, to support the respective horseracing industries
  • Expanding pari-mutuel pool betting through additional markets and sporting events content for the additional collective benefit of WoTA operators
  • Addressing the challenges of illegal wagering
  • Working collectively on diversity and inclusion to further growth within the pool betting sector

Furthermore, WoTA members have elected the new Board who will drive the Association’s activities for the coming two years.

Fundi Sithebe, CEO of 4Racing in South Africa, and Keith Johnson, President of 1/ST TECHNOLOGY group/AmTote have accepted nominations to co-chair the Association. Riko Luiking, General Manager of German Tote, has likewise accepted the role of Treasurer.

Sithebe and Johnson take over from Alex Frost, CEO of the UK Tote Group, and Hans Lord Skarploth, CEO of ATG in Sweden, who have successfully co-chaired the Association since October 2022. During their tenure as Co-Chairs, the board initiated further commingling between members and a new sport pool project.

On taking over as Co-Chairs, Fundi Sithebe and Keith Johnson said: “We are delighted to be taking over as Co-Chairs of the World Tote Association. Over the last five years WoTA has made significant progress in developing the relationship between members and increasing understanding of the role pool betting plays in supporting horseracing around the globe. We thank Alex and Hasse for their excellent stewardship, and the entire WoTA Board for their efforts, and we look forward to working with all stakeholders to further our collective ambitions for the good of horseracing and society as a whole.”

The new WoTA Board will focus on the stated key objectives to ensure WoTA progresses its overall aim to see the growth of pool betting and make an increased contribution to horseracing and has a positive relationship with customers, governments, regulators and society.

WoTA is also proud to welcome the Jockey Club of Turkey and Zeturf Group as full members of the Association.

Members of the WoTA Board for 2025-26:

  1. Keith Johnson – 1/ST TECHNOLOGY / AmTote (Co-Chair)
  2. Fundi Sithebe – 4Racing (Co-Chair)
  3. Alex Frost – UK Tote Group
  4. Hans Lord Skarplöth – ATG
  5. Paul Cross – Tabcorp
  6. Michael Fitzsimons – Hong Kong Jockey Club
  7. Driss Belghazi – Sorec
  8. Adrien Billon – Carrus Group
  9. Andreas Reimblad – Veikkaus
  10. Simon Leong – Singapore Pools
  11. Riko Luiking – German Tote (Treasurer)
  12. Andrew Archibald – United Tote

Biography of the WoTA Co-Chairs for 2025-26:

Fundi Sithebe, Chief Executive Officer of 4Racing

Fundi Sithebe was appointed as the first Chief Executive Officer (CEO) of 4Racing PTY on 1 June 2021. 4Racing is the largest of the three horseracing operators within South Africa, and the company is responsible for horseracing operations, totalisator betting and broadcast operations of horseracing. The business has the largest sports pool offering in South Africa, licensed by the provincial gambling boards. A large part of her responsibilities is to ensure a successful turnaround, stabilising and the growth and sustainability of the horse racing business whilst managing the day-to-day operations, transformation and modernisation of the various business units.

Fundi was previously the Chief Operating Officer (COO) of Airports Company South Africa (ACSA) responsible for daily operations on both aeronautic and non-aeronautic operations.

One of her biggest passions is the inclusivity and growth of female representation in the industries she serves in. She was previously a member of a few non-profit initiatives within the aviation industry (namely, Southern African Women in Aviation and Aerospace (SAWIA), Women in Aviation (W&A) as well as chairperson of Akani Aviation Leadership Initiative South Africa) that aimed to ensure a larger and a sustainable base of females in the aviation industry, and ensuring greater gender representation in the horseracing industry is an important objective for her.

Keith Johnson, President of 1/ST TECHNOLOGY group/AmTote

Keith joined the industry via AmTote in 1989 having just earned a BSBA degree from Auburn University.  Embracing the racing & wagering industry that his family had decades of roots in, Keith progressed within AmTote from its operational ground up, gaining extensive industry knowledge and experience within multiple departmental positions including field operations management, hub operations management, regional operations management, sales, and executive leadership positions, ultimately being promoted to President of AmTote in 2016.  In 2024, Keith was promoted to President of the broader 1/ST TECHNOLOGY group, which is inclusive of AmTote, PariMAX, Xpressbet, 1/ST BET, and BetMIX business units.

 

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