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Kaizen Gaming Launches the Kaizen Foundation

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Kaizen Gaming, one of the biggest GameTech companies in the world, announced the establishment of the Kaizen Foundation. The company will be the sole financial backer of the Foundation’s initiatives and programmes.

The Kaizen Foundation is a charitable organisation dedicated to supporting non-profit organisations and undertaking initiatives that will have great impact in every country Kaizen Gaming operates. Its projects will come to fruition in 2024, starting from Greece, Malta, Romania, Portugal and Bulgaria.

The first project of Kaizen Foundation is the extensive renovation of Penteli Children’s General Hospital in Athens, Greece. The total investment for the project is €3.8 million and includes the refurbishment of the hospital’s surgical rooms, first and ground floor clinics. It also involves the implementation of fire safety systems and the renovation of the outdoor areas. This renovation represents the most significant upgrade to the hospital facilities in the last 80 years, addressing crucial operational challenges faced by both staff and patients. Moreover, changes required by the national legislation will be made, such as relocating the pharmacy to the ground floor and ensuring seamless access for individuals with disabilities to all hospital areas.

The Kaizen Foundation envisions to serve as a catalyst for positive change on a global scale. Its mission is to deliver initiatives with long-term impact that foster innovation and improve all aspects of people’s lives. Society, Education and the Environment are the three core areas around which the Kaizen Foundation’s initiatives are centred, working towards a sustainable and inclusive future.

The Greek Minister of Health, Adonis Georgiadis, said: “On behalf of the Greek state, I would like to extend my gratitude to Kaizen Gaming and the newly established Kaizen Foundation for starting its operation with the renovation of this children’s hospital, which is crucial for the residents of North Athens and the surrounding areas. Thanks to this initiative, medical professionals will be able to provide a better standard of care, while little patients and their parents will receive high-quality healthcare conditions. Penteli Children’s General Hospital will turn into a jewel of the National Health System.”

Kaizen Gaming’s co-Founder and CEO, George Daskalakis, said: “Since we embarked on Kaizen Gaming’s journey, we have seen a lot of our dreams turn into reality. We are a company with over 2,500 people across the globe. We have supported dozens of athletes trying to conquer their goals. Today we realize one more dream, through the establishment of the Kaizen Foundation, as we are now in the position to contribute to society in a more meaningful way than ever. The inauguration of the Foundation is accompanied by the largest donation we have ever made, which will drastically change for the better the lives of children, their families and the hospital personnel.”

Panos Konstantopoulos, President of the Kaizen Foundation, said: “From the moment it started operating, Kaizen Gaming has worked to make a difference in society. The creation of the Kaizen Foundation is a natural progression, the next step that allows us to implement initiatives on a larger scale, which will have an impact at an international level. We are very touched that we start from Greece and from the Penteli Children’s General Hospital. The renovation of this hospital is a step towards improving health care conditions for the children. We want to thank the Ministry of Health, its administration and the Hospital employees that embraced this initiative.”

Deputy Minister of Health of Greece, Marios Themistocleous, said: “The collaboration with Kaizen Gaming and the Kaizen Foundation shows how private companies can positively influence the improvement of public health services for our children. We sincerely appreciate their contribution and support in the ongoing endeavors of the Greek government to enhance the National Health System.”

The project, currently in the engineering design process, will be executed in four distinct phases to ensure the hospital’s seamless operation, with the Foundation aiming to complete it by the end of 2024.

Compliance Updates

Digitain Obtained Greek License

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Digitain Obtained Greek License
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Digitain obtained the A1 Manufacturer’s License from the Hellenic Gaming Commission.

Digitain, a global leader in Sportsbook and iGaming solutions, has expanded its presence in European regulated market by obtaining a B2B license from the Hellenic Gaming Commission.

Iain Hutchison, Chief Revenue Officer of Digitain, said: “We are delighted that we have attained our B2B license from the Hellenic Gaming Commission. Digitain continues to expand across multiple regulated jurisdictions, and the Greek license is a further example of our vision and that of our teams’ commitment to regulatory compliance and the exemplary standards of our platform technology and focus as a company. We look forward to having our award-winning sportsbook and Centrivo platform and much more available within the Greek market as one of continental Europe’s largest and growing regulated markets.”

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Compliance Updates

LiveG24 receives license to provide Live Games in Greece

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LiveG24 receives license to provide Live Games in Greece
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LiveG24 Ltd., a leading provider of live casino gaming solutions, is thrilled to announce that it has been officially licensed to offer its live games to the Greek market. This license, issued by the Hellenic Gaming Commission, allows LiveG24 to provide its premium live gaming services to all concessionaires holding valid Greek gaming licenses.

The certification marks a significant milestone for LiveG24 as it continues to expand its footprint in regulated markets across Europe. With this approval, Greek operators can now integrate LiveG24’s state-of-the-art live gaming suite, which includes a wide range of live dealer games such as Roulette, Blackjack, Baccarat, and other popular casino titles.

“We are incredibly proud to have achieved this new license from the Hellenic Gaming Commission,” said Angelo De Gobbi, COO of LiveG24 Ltd. “This approval is a testament to the quality and integrity of our live gaming solutions. We are excited to bring our immersive live gaming experience to Greek players and look forward to establishing strong partnerships with local operators.”

LiveG24 is renowned for its high-quality live streaming technology, professional dealers, and engaging user experience. The company’s live games are broadcasted in real-time from sophisticated studios in Malta, ensuring players enjoy a seamless and authentic casino atmosphere from the comfort of their own homes.

Greek operators can now leverage LiveG24’s innovative features and flexible integration options to enhance their gaming portfolios and provide their customers with a superior live gaming experience. The certification underscores LiveG24’s commitment to compliance and excellence in the regulated gaming industry.

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Compliance Updates

Hellenic Gaming Association Intensifies its Efforts to Combat Illegal Online Gambling

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The Hellenic Gaming Association (HGA) has intensified its efforts against the phenomenon of illegal online gambling, which has reached enormous proportions in recent years with incalculable economic and social impacts.

Following a lawsuit recently filed by the organisation under President Christos Panagopoulos against an internationally active company conducting illegal gambling in Greece without the necessary licensing from the Hellenic Gaming Commission (HGC), a new lawsuit targets two well-known Greek influencers. These influencers, through their social media content, promote unlicensed gambling websites.

These internet personalities have posted a series of videos encouraging their mostly young audience, including minors, to visit these sites by sharing how they “managed” to win tens of thousands of euros by betting and playing on these illegal platforms. However, they conceal the fact that these are illegal gambling companies while enticing viewers with the promise of easy money.

It is important to highlight that their audience includes minors, who find an open door in the unlicensed environment where there are no controls or restrictions, unlike legal online companies where one must be at least 21 years old to open an account and play.

Besides the two Greek influencers, the association is planning to file reports to social media platforms and online services hosting ads and promoting unlicensed providers. Initially, they will approach the relevant departments of these organisations, and they may even take the matter to prosecutorial authorities. The initiatives undertaken by the HGA to combat illegal gambling often aim to fill the void left by the State, which is fundamentally responsible for addressing this open wound with appropriate actions, rather than a private entity.

The massive scale of illegal gambling in Greece was confirmed by a recent official survey conducted by the HGC in collaboration with KAPPA Research, shedding light on the hidden side of this illicit activity. According to the survey, 900,000 Greeks, or nearly 1 in 10, participated in illegal gambling at least once in the past 12 months, with an estimated astronomical expenditure of 1.7 billion euros in the unlicensed environment.

Of the total 1.7 billion euros, 1.1 billion was spent on illegal online games, and the remaining 600 million euros were associated with money spent in physical networks, such as unlicensed clubs and casinos. The average annual amount spent per player online reached approximately 1200 euros, while for land-based gambling, the corresponding amount was 738 euros.

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