Latest News
Astralis Capital lauds success of PlayAIO as its first incubation investment
![](https://europeangaming.eu/portal/wp-content/uploads/2024/07/Astralis-Capital-lauds-success-of-PlayAIO-as-its-first-incubation-investmen_20240723_130924_0000.png)
PlayAIO announces its landmark partnership with Astralis Capital and an investment from Astralis Fund I LP (together “Astralis”). This marks a first for Astralis as PlayAIO becomes part of a newly created gaming incubation strategy.
“With Astralis Capital, it has been a truly synergistic partnership, I couldn’t think of a better way to start a business. With Astralis on board, we have continued to see rapid growth as we grow to be a market leader within the industry” said Josh Gibbs, CEO of PlayAIO.
“It’s been great working with both Evan and Tisno. They, along with PlayAIO, continue to see the untapped potential data brings to any organization.”
PlayAIO was founded in 2023 by Josh Gibbs, formerly of Kambi and Strive Gaming in customer data leadership roles. It has quickly grown an established contracted customer base and having gone live in May 2024. The launches have been smooth and well received by their customers.
Steven Farrugia, an iGaming data veteran who built models for ComeOn Group among others, recently joined PlayAIO as CTO, and the company has bolstered the team with staff members for their bases in the UK and Malta over the past months.
PlayAIO is a data and AI business that focuses on simplicity through understanding, aiming to aid businesses to unlock the power of their biggest asset: their data. This is all done through PlayAIO’s proprietary PlayAIO Engine. The PlayAIO Engine provides an always-on strategic insights and recommendations tool.
On a real-time basis, users are guided on where action is required and where focus should be placed, recommending AI models that will provide the highest impact to customers and their revenues, be it LTVs, game recommendations, responsible gaming, and a plethora of other models that are being leveraged by customers.
Astralis’ incubation strategy is incredibly helpful to new and experienced founders alike because, alongside investment, the firm provides dedicated strategic and operational support to founders including go to market and partnership guidance.
Astralis Capital, has invested in a number of iGaming and sports startups, including the leading daily fantasy operator PrizePicks, sports/betting micro-influencer aggregator SGG Media, sports social media platform Takes, Inc. and the leading US PAM startup Strive Gaming. Astralis has developed a reputation for astute iGaming investments supported by providing expert advice to founders to help accelerate company growth.
On PlayAIO, Evan Meyer, Co-Managing Partner, Astralis Capital, said:
“What Josh and Steven are driving at PlayAIO falls exactly within the scope of startup successes we’ve seen before. They have a clear vision, execution plan and technical product know-how in a developing iGaming and online sports betting market that is quickly becoming more sophisticated and understanding of the value of effective usage of Machine Learning and data analytics. We’ve been incredibly impressed by the pipeline of potential client discussions, new customer uptake and smooth launches thus far.”
Fellow Co-Managing Partner Tisno Onggara of Astralis Capital added: “The mission of PlayAIO is ultimately the reason we decided to partner and help incubate PlayAIO. We see growing trends within the industry surrounding AI, but very few companies have the internal technology and ability to act on this. We believe PlayAIO will be one of a select group of trusted partners to the industry and will continue to competitively strengthen over time given their models and a positive market outlook. The data market is an area within gaming that will change rapidly in the next few years, and we are excited to be on that journey with PlayAIO.”
PlayAIO Unlocks the Power of Your Data with AI-Driven Optimization.
Eastern Europe
Soft2Bet Invest Wins the “Outstanding Contribution to Gaming 2024” Award at SiGMA East Europe
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Soft2Bet is delighted to announce that its Soft2Bet Invest venture has won the Outstanding Contribution to Gaming 2024 award at this year’s SiGMA East Europe taking place this week in Budapest, Hungary.
The award celebrates executives and organisations that make significant impacts on the industry through technical innovation, advocacy or mentoring and investments. Winning the “Outstanding Contribution to Gaming 2024” award for this category is therefore fantastic recognition of Sof2Bet’s work and efforts in the field.
Soft2Bet Invest launched a €50m iGaming Innovation Fund to support innovative iGaming and casual gaming companies and provide financial and business support to entrepreneurs. It reaches across the corporate spectrum and is open to growth-stage and/or mature companies that are harnessing pioneering technologies in casual gaming, AI, traffic differentiators or behavioural-UX analytics.
Launched in 2024, Soft2Bet Invest has already attracted major interest from iGaming startups and visionaries wanting to innovate and revolutionise the sector. Its investment bracket ranges from €500K to €1m per individual project, with the investment strategy to be discussed on a case-by-case basis.
Martin Collins, Chief Business Development Officer at Soft2Bet, commented: “Winning this award is highly rewarding since we launched Soft2Bet Invest just this year. It shows the hunger there is among our industry peers for a specialist investment fund that can harness the energy within iGaming and turn entrepreneurial dreams into realities. Soft2Bet’s focus has always been innovation, of spirit, business and technology, and this award recognises those qualities. We’re truly delighted to have won it!”
Africa
Tusk Casino Celebrates Trace’s R2.3 Million Jackpot Victory
![Tusk Casino Celebrates Trace's R2.3 Million Jackpot Victory](https://europeangaming.eu/portal/wp-content/uploads/2024/09/SA.jpg)
Tusk Casino proudly announces another thrilling win for one of its players, Trace, who secured an impressive R2.3 Million on the Secrets of Cleopatra slot, crafted by PG Soft. This notable win is proof of the exciting potential of Tusk Casino, supported by www.SouthAfricanCasinos.co.za, the leading online gambling guide for South African players.
Trace’s Winning Moment at Tusk Casino
Trace’s victory highlights the engaging and lucrative nature of Tusk Casino’s extensive game selection. Secrets of Cleopatra, renowned for its captivating gameplay, proved to be a game-changer for Trace. His winning journey began with SouthAfricanCasinos.co.za, South Africa’s top portal for mobile casinos and gambling insights, which has consistently guided players to secure and enjoyable online gambling experiences since 2003.
SouthAfricanCasinos.co.za: Gateway to Winning Opportunities
As a premier guide for mobile casinos enthusiasts, SouthAfricanCasinos.co.za has earned the trust of countless players. Trace, after his significant win, commented, “Coming across Tusk Casino thanks to SouthAfricanCasinos.co.za was a turning point.” His experience mirrors that of many others who have benefited from the platform’s professional advice and well-researched recommendations.
About Tusk Casino
With its sophisticated design and user-friendly interface, Tusk Casino features an extraordinary collection of over 3000 online slot games from renowned developers worldwide. This online casino is dedicated to offering an outstanding gaming experience, highlighted by its impressive free no deposit casino bonus offerings and extensive game variety. Licensed by the Government of Curacao, Tusk Casino promises a safe, engaging, and highly rewarding online gaming environment for all South African players.
A Bright Future for Online Gambling in South Africa
Thanks to the support from SouthAfricanCasinos.co.za, Tusk Casino reaffirms its position as a leading venue for safe and exciting online gaming. This partnership provides players with the most up-to-date information and prime gambling opportunities, ensuring a secure and enjoyable experience for all participants.
About SouthAfricanCasinos.co.za
SouthAfricanCasinos.co.za, South Africa’s largest and most reputable online casinos south africa and gambling guide has been offering top-notch casino recommendations and detailed gambling insights for ZAR casino players since 2003. It remains a vital resource for players looking for secure, high-quality, and rewarding online gambling experiences.
Trace’s impressive win at Tusk Casino not only transforms his life but also underscores the exciting possibilities available through SouthAfricanCasinos.co.za and Tusk Casino, marking a significant moment in the South African online gambling landscape.
Latest News
Atlaslive Celebrates Multiple Nominations for EIGE 2024, Including Best Marketing Campaign
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Atlaslive, a B2B software provider delivering high-quality solutions for the iGaming industry, has been shortlisted in all four of its nominated categories for the upcoming European iGaming Excellence (EIGE) Awards 2024. This recognition underscores Atlaslive’s commitment to innovation, excellence, and leadership in the iGaming industry.
The nominations include:
- Best Marketing Campaign: Our rebranding campaign has been recognized for its strategic approach and impact, reflecting Atlaslive’s dynamic evolution and our continuous efforts to connect more deeply with our partners.
- Best eSports Betting Provider: This nomination highlights our cutting-edge eSports offerings, which are designed to meet the growing demand for immersive and reliable eSports betting experiences.
- Innovation in iGaming Technology: At Atlaslive, we thrive on challenges and excel in high-pressure, high-traffic moments. Our peak performance technology, which ensures seamless operations even during the most demanding periods, has earned us a spot in this category.
- Best iGaming Supplier: Being recognized as one of the leading suppliers in the iGaming industry is a testament to our comprehensive and scalable solutions, which continue to set new standards for reliability and excellence.
The final vote for the EIGE 2024 Awards will take place during the European Gaming Congress, held on October 15-16, 2024, in Warsaw. Atlaslive is proud to attend as an industry leader, contributing its expertise in two key panel discussions:
- The Future of Esports: Opportunities and Challenges – October 15
- Optimizing Sportsbook Operations for Enhanced Performance – October 16
Atlaslive’s CEO, Maxim Slobodyanyuk, commented, “Our success is built on a foundation of relentless innovation and a deep understanding of the iGaming landscape. Every solution we develop is designed with our partners’ growth and success in mind, ensuring they have the tools they need to thrive in a competitive market. These nominations validate our strategic direction and the trust our partners place in us. We’re not just reacting to industry trends; we’re actively shaping the future of iGaming. By staying ahead of technological advancements and continuously refining our offerings, we aim to lead the industry in delivering exceptional value. Our vision is clear: to be the go-to partner for businesses seeking not only cutting-edge technology but also a collaborative and forward-thinking approach to long-term success.”
Join Atlaslive as the company shares insights and shapes the future of iGaming.
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