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Matthew Stafford the new CEO of BlockChain Innovations

George Miller

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BlockChain Innovations names Stafford as CEO
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BlockChain Innovations Corp., an international blockchain technology supplier serving the regulated gaming industry announced the appointment of Mr. Matthew Stafford as Chief Executive Officer.

Mr. Stafford joins BlockChain Innovations Corp. after three years with NYX Gaming Group Ltd. and most recently Scientific Games Corporation.

Positioning Matt as our leader is part of our plan to become the preeminent blockchain technology solutions provider in real money wagering and peer-to-peer regulated markets. His experience across all land based and digital gaming verticals coupled with his legal and regulatory background makes him an excellent fit for our future growth,” explains David Wang, Chairman of BCI’s Board of Directors. “Matt provides BCI a wealth of knowledge and enthusiastic confidence from his years of proven leadership.

Matt has 10 years of experience in the gaming industry in various legal and compliance roles including overseeing the entire commercial and compliance functions as Assistant General Counsel for Aruze Gaming America, Inc. a leading land-based slot manufacturer. Matt entered igaming in 2014 as General Counsel for NYX Gaming Group Ltd., where he helped lead its IPO and raise nearly $800 million CAD before completing NYX’s 2016 acquisition of Openbet Technology Ltd. – the largest B2B sportsbook software provider in the world. Most recently, Matt served as Senior Counsel, Interactive for Scientific Games Corporation, which acquired NYX Gaming Group in January 2018 for approximately $660 million USD.

Mr. Stafford commented – “I am extremely happy to be joining the BCI team. BCI’s blockchain solution and products are beyond a doubt the most dynamic and market ready for the wagering industry, it’s the backbone of any digital offering of today. BCI’s technology has been developed since 2016 and augments wagering functionality for gaming companies across all sectors of the industry from sportsbooks and exchanges to e-sports, daily fantasy and lotteries. I have been so impressed with Morris Mosseri, BCI Co-Founder and Chief Technology Officer, both by his technical expertise but also by his vision to have begun building tomorrow’s technology yesterday.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Industry News

Paf adopts Swish for faster customer transactions in Sweden

George Miller

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Paf adopts Swish for faster customer transactions in Sweden
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Paf adopts the popular payment method Swish used by 6.7 million Swedes. In the first month of the newly-regulated Swedish gaming market Paf has adopted what is said to be the fastest payment method available in Sweden.

Swish uses mobile telephone numbers to make transfers and is currently used by around 6.7 million Swedes and 180,000 business.

Paf CEO Christer Fahlstedt says: “Swish is without doubt the favourite way for Swedes to transfer money. Our site already offers Swedish players games they can’t get anywhere else. And now our Paf gaming account also offers the speediest payments available. We fully expect the strong growth we experienced in Sweden in 2018 to continue.”

Paf has been operating online in Sweden for 18 years and was granted the maximum possible 5 year licence for the newly-regulated market beginning 1 January 2019.

 

 

About Paf:

Paf is a Nordic gaming company founded on Åland in 1966 to generate profit for the benefit of society. We were one of the very first gaming companies to go online in 1999. Many of our games on Paf.com are exclusive to Paf and developed by our in-house Games Studio. We are an award-winning industry leader in responsible gaming. Our physical gaming operations include over 30 cruise ships criss-crossing the Baltic and North Seas.

Paf has roughly 400 employees representing over 30 nationalities. Our offices are located on Åland, in Helsinki, Stockholm, Riga, Tallinn, Oslo, Norrköping and Madrid. Paf (Ålands Penningautomatförening) is licensed and controlled by the Government of Åland.

In 2017, the Paf Group had a total revenue of 116.5 million euros and a profit of 29.4 million euros.

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Baltics

Lolita Sumskaite (Head of Unit at Ministry of Finance, Lithuania) to speak at MARE BALTICUM Gaming Summit 2

Zoltan Tundik

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Leading industry expert responsible for designing the national gambling policy in Lithuania through legislation for more than 17 years, set to join the “Gambling Industry in Lithuania” (Compliance Panel Discussion) at the second edition of the most important gambling industry conference in the Baltic and Scandinavian region.

We are honoured to announce that Ms Lolita Sumskaite will represent the Ministry of Finance of the Republic of Lithuania at MARE BALTICUM – The Baltic and Scandinavian Gaming Summit 2019, which will take place on 9 May 2019 at Radisson Blu Royal Astorija Hotel.

Lolita Šumskaitė is working for the Ministry of Finance of the Republic of Lithuania and was responsible for designing the national gambling policy in Lithuania through legislation for more than 17 years. She was the main author of the first Law on Gambling, which was adopted in 2001. Lolita is a member of EC Expert Group of Gambling Services.

Since 2010, her responsibilities also include insurance – designing insurance policy through legislation and her main responsibility is to implement EU regulation into national legislation.

Starting 2013, she is responsible for anti-money laundering acts – following and participating in the negotiations in the EU Council on the text of Anti Money Laundering Directive, preparing LT positions. Lolita was Chair of the EU Council’s Working Party discussing fourth Anti Money Laundering Directive during LT Presidency of the EC.

MARE BALTICUM – The Baltic and Scandinavian Gaming Summit will once again bring together the leading companies in the Baltic and Scandinavian region for a full day of quality learning and networking with local regulators and industry experts.

You can find more details about the Agenda here or you can register here!

Browse the official event website here: www.marebalticumgaming.com

You can view the photo gallery from the inaugural event on the following this link.

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Industry News

Zitro Video Bingo arrives in Monte-Carlo

George Miller

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Zitro Video Bingo arrives in Monte-Carlo
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Zitro has installed its Video Bingo machines in the emblematic Monegasque casino Café de Paris, operated by the prestigious Société des Bains de Mer (S.B.M), which also operates the legendary Casino de Monte-Carlo, as well as the other two gaming establishments of the Principality of Monaco. It is the first time that this type of game, of which Zitro is a world leader, comes to the Principality.

Pascal Camia, Executive Vice-President of Gaming Operations, said: “Bingo video games are a distinct and innovative concept, and that is why we want to offer our customers this type of product, unknown until now in Monaco. We thought it was best to introduce video bingo in our operation in the hands of the largest specialist in the market in this type of machines. We are convinced that, thanks to the Zitro video bingo, our customers will find new experiences, excitement and entertainment”.

For her part, Nadège Teyssedre, Regional Director for EMEA, said: “At Zitro, we are enormously grateful to the Casino Café de Paris for its commitment to our product, totally unknown in this market. We are convinced that the expectations deposited in our video bingo will be exceeded, and we trust that this will help us in future to have a growing presence of our products in the casinos of Monte-Carlo S.B.M., a casino operator of reference in Europe and around the world.”

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