Industry News
Bede Gaming celebrates seven years of stellar software success
Last 24 months sees ‘Best Place to Work’ business grow from 80 to 220 employees and secure biggest commercial deal to-date with one of the world’s largest lottery groups
Bede Gaming, the award-winning supplier of software to the online gaming industry, is celebrating seven years of stellar growth and success since emerging in 2012.
Launched by three co-founders in Newcastle, the business has stayed true to its roots, hiring the North East region’s top technology talent and planning to welcome its 250th employee by the end of this year. From its modest beginnings Bede Gaming’s success has skyrocketed, particularly in the last two years, with the business securing major contracts including its biggest commercial agreement to date with the Ontario Lottery & Gaming Corporation (OLG). As a result, its personnel has climbed sharply by more than 60% from 80 in 2017 to 220 in 2019, and it won two Best Place to Work awards in 2019, at the International Gaming Awards and Women in Gaming & Diversity Awards in January and May this year, respectively.
The company is today recognised as the first-choice supplier of world-class omni-channel platform and software solutions to the global online gambling and lottery industries.
In just seven years Bede has launched and signed major platform partnership deals with some of the industry’s most innovative, forward-thinking gaming and lottery operators including the Rank Group in the UK, Enracha in Spain, major online brand LeoVegas, South Africa’s Sun International and OLG, one of the world’s largest lotteries, to name just a few.
Its technical expertise is significant with the Bede platform regarded as one of the most advanced in the gaming and lottery industries. Innovations including cutting-edge campaign management tools with real-time analytics, supporting bonusing across multiple gaming content verticals and alerting users if their accounts have been compromised which are leading the way in both driving its partner’s revenues and their security measures ensuring Bede is the safest place to play.
Since its launch, Bede has become well-known for its rapid customer integrations, bringing partners to new markets effectively, and offering the most comprehensive range of superior casino and sportsbook content.
Today it offers its platform partners a vast selection of more than 3,000 games from over 100 of the world’s best providers. Bede offers best-performing titles from the industry’s game provider powerhouses including IGT, Scientific Games, Novomatic, NetEnt, Evolution, Microgaming, Red Tiger and Playtech. Bede clients also have access to two of the most innovative sportsbook solutions with the option of SBTech or Kambi.
Last year was a record year for Bede with the number of integrations undertaken up 30% compared to 2017, monthly players across its platform up by more than 15% to 232k despite regulatory headwinds in markets such as the UK, and stakes rising to a massive £3.7 billion.
Its achievements during its seven years have been driven by its talented team. This expertise runs across all departments from commercial and finance to security and software development – many of whom have been with the business since inception – as well as driving forces such as former Product Director and new EVP of Bede Canada Sarah Hitchcock, who played an integral role in the OLG selection process, and Alex Butcher, former Bede CTO and now Managing Director since June last year.
Alex Butcher, Managing Director, Bede Gaming, said: “We have achieved a huge amount in such a short space of time and all in the right way, developing a strong and inclusive culture packed full of supremely talented individuals, many of whom have been with us since we started this journey.
“We have a huge amount to be proud of and a huge amount to celebrate and I’m very grateful to every member of the team, past and present, that has worked so hard to get us to the point where we are now. Our clients continue to enjoy digital growth and we look forward to helping many others in the future.”
Industry News
ICE Barcelona to deliver razor-sharp focus on LatAm and evolving Brazilian Market
January’s first edition of ICE Barcelona will feature a programme of content, discussions and C-suite networking curated specifically to meet the needs of the new regulated market in Brazil and the broader opportunities which exist in Latin America.
Living up to its reputation for being the business-to-business event which is at the forefront of industry developments across both regulation and emerging technologies ICE 2025 will feature a three day program which is dedicated to all aspects of the market in Brazil including regulation, compliance and the adoption of new technologies including the use of biometric recognition in relation to age verification and consumer protection.
Announcing the program and confirming ICE Barcelona’s role as the meeting place for international decision-makers and stakeholders, Clarion Gaming Managing Director Stuart Hunter said: “ICE was recently described in trade media as being the most important gaming event on the ‘planet’ and I believe that the show will live-up to that accolade when we welcome the world industry to our new Barcelona home in January.
“Some industry events place a strong emphasis on the past but for ICE our focus is unashamedly on the future. To this end we have been working closely with colleagues and stakeholders in Latin America to ensure that ICE is on the front foot bringing together the lawmakers, regulatory bodies, thought leaders, operators, innovators and technology providers all of whom have an important role to play in developing the market infrastructure.”
He added: “The importance of LatAm will be evident from the very start of ICE Barcelona when Vicente Fox, the former President of Mexicoheadlines the World Regulatory Briefing taking place Monday 20 January when he will address the topic of ‘Regulation and Revitalisation’ and the requirements needed to balance economic growth with community protection.
“A critic of the populist movements sweeping the region, he will outline his business-centric approach to the development of Mexico, and why he favours casinos as a tax benefit to reduce Mexico’s dependence on unpredictable oil income, and for heling to grow the local tourism industry. The keynote reflects the importance of Latin America as a leading voice in the global gambling industry and represents a major coup for ICE Barcelona.”
“The following day we will be staging a seminar which will cover the very latest business-critical information on the market in Brazil which will be supplemented by sessions focussed on Latin America. On the closing day the LatAm sessions will address the key issue of responsible gambling including the ground-breaking use of biometrics which will be of huge interest to regulators and operators from throughout the world.”
He concluded: “In all of the extensive research that we undertake in order to identify the most important issues impacting the business Brazil and Latin America consistently top the list. By attending ICE Barcelona gaming industry professionals will be able to connect with the main players, learn everything they need to know about doing business in Latin America and find the right organisations to collaborate with. For anyone with an interest in Latin America and in particular the Brazilian iGaming market ICE Barcelona is undoubtedly the place to be.”
For more information on the world’s greatest gathering of gaming professionals and to register: icegaming.com
Industry News
FDJ Announces its First Bond Issue
La Française des Jeux (FDJ), one of Europe’s leading betting and gaming operators, will meet investors over the next days with a view to launching its first bond issue, subject to market conditions.
FDJ recall that, on 7 November, Moody’s assigned the Group a long-term credit rating of Baa1 – stable outlook.
With a total value of €1.5 billion, in 3 tranches with maturity of 6, 9 and 12 years, the bond issue would be used to refinance most of the €2 billion bridging loan, drawn on 7 October to finance the acquisition of Kindred shares for nearly €2.5 billion. The bonds will be listed on the Euronext regulated market in Paris.
Furthermore, FDJ is finalising a €400 million syndicated loan with top-tier French and international banks, which will be repaid over 5 years. This financing is also intended to repay the bridging loan which will be settled with Group’s cash.
Balkans
CT Interactive Shortlisted in Two Categories at BEGE Awards 2024
CT Interactive has announced that it was shortlisted in two categories for the upcoming prestigious BEGE Awards 2024. The company has been recognised for its exceptional contributions to the online gaming industry by being among the finalists for Online Game of the Year for the innovative and engaging game Doctor Winstein Buy Bonus and Online Provider of the Year.
The BEGE Awards, which celebrate excellence and innovation in the gaming and entertainment industry, will be held on November 27, 2024, at the Club Black & White in the Grand Hotel Millennium, Sofia.
This year’s nominations reflect CT Interactive’s dedication to creating top-tier gaming experiences and its continuous efforts to push boundaries in the online gaming world.
“Being recognised in these two categories is a testament to the hard work and creativity of our entire team. We are thrilled to be among the industry’s finest at the BEGE Awards once again,” said Monika Zlateva, CCO at CT Interactive.
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