Tekkorp Capital, the investment vehicle founded by gaming entrepreneur Matt Davey, has added former William Hill US Chief Financial Officer, Mark McMillan, to its advisory team as a Partner, consolidating the strength of its industry-leading team.

McMillan brings over 20 years of experience in corporate finance and strategy to bear at the Company. Having worked in investment banking, he joined William Hill in its M&A team and latterly as CFO for its US business, overseeing its transition through the repeal of PASPA and its development into a national sports betting leader, resulting in its eventual sale to Caesars Entertainment.

McMillan joins an illustrious team of seasoned executives in the online gaming industry. The group has held a host of C-Suite roles, including CEO, MD, CFO, COO and CMO, alongside cultivating a distinguished M&A reputation which has, in aggregate, completed over $24bn of deals. The team includes Crispin Nieboer, former William Hill Online MD, Andy Clerkson, US media and gaming specialist, and Steve Schrier, ex-CCO of SG Digital.

Commenting on his appointment, McMillan said: “I’m thrilled to be joining Tekkorp Capital. As part of a multi-faceted team, I will assist my fellow partners in delivering strategic and value-additive solutions for our clients at this exciting time for the iGaming sector. Tekkorp has expanded rapidly and I am excited to be a part of its development.”

Elsewhere, President Robin Chhabra has been promoted to CEO of the group, with Matt Davey moving to the Chairman role.

Chhabra, Tekkorp Capital CEO, commented: “We’re delighted to have added another Tekkorp Capital partner as well-respected as Mark. Collectively, our team has led many business transformations, as well as executing a number of the most significant merger and acquisition transactions in the sector. Our combined history as hands-on operators represents our core strength and differentiator, allowing us to solve our clients’ critical strategic issues and help them create value.”

Davey, founder and Chairman of Tekkorp Capital, added: “Tekkorp Capital has grown rapidly over the last couple of years. Robin Chhabra has done an incredible job in not only building the team but also setting the standard for M&A across the industry. I couldn’t be more pleased to have Mark join our world-class team.”

Greentube, the NOVOMATIC Digital Gaming and Entertainment division, has successfully obtained a German nationwide licence to offer online slots via its brand StarGames.

This means the StarGames.de website, as well as all of Greentube’s processes on Responsible Gaming, anti-money laundering (AML), IT security and game mechanics, has been acknowledged by the Gambling Authority of the Federal States of Germany (GGL) as compliant with the Interstate Treaty 2021, and the operator has been recognised as a safe and secure place for German players to enjoy the best Novomatic and Greentube games.

Georg Gubo, COO of Greentube, said: “Receiving this licence is further testament to the quality and reliability of not just the StarGames brand, but also Greentube as a whole. Being granted the German licence is a major milestone for Greentube and we are extremely proud that the regulatory authorities deemed our application successful.

“Our goal was to create a product of the highest quality, one that customers would not only enjoy playing but also feel safeguarded by while doing so. With StarGames.de, we feel we have a brand and a website that goes above and beyond to ensure we offer players the best place for safe and secure entertainment in Germany.”

StarGames, known in the online gaming industry as the first brand to offer the original Book of Ra™ to online players in Germany, has been live across the country since the Interstate Treaty 2021 came into force on July 1, 2021.

The licence now offers a number of possibilities for Greentube in the country.

Laszlo Pados, Brand Manager of StarGames, said: “Receiving the nationwide German licence is a testament to – and proof of – all the hard work that everyone at Greentube has put into the project over the last two and a half years. This also opens up a wide range of opportunities for StarGames.de, mainly in the field of mobile apps, but also in marketing and advertising within the boundaries of the Interstate Treaty 2021. We cannot wait to get started on this exciting next chapter.”