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OKTO strengthens commercial team with two new management appointments

George Miller

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OKTO strengthens commercial team with two new management appointments
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Ignacio García del Frade named as Country Manager Spain and Dimitar Shopov as Business Development Manager

OKTO Group, the financial technology provider specialising in digital payment and player engagement applications, has expanded its commercial talent with the recruitment of Ignacio García del Frade and Dimitar Shopov in key company roles.

García del Frade has come on board as Country Manager Spain to lead the company’s Spanish operations and help build its client portfolio in the local market. Shopov, OKTO’s new Business Development Manager, will be responsible for driving the commercial strategy and securing key partnerships in the gaming, retail and financial industries.

Frade joins OKTO from Win Systems, where he successfully accomplished the first installation of Wigos casino management system at several Spanish operators as Business Development Manager. His broad experience and network of contacts in the local gaming industry will be instrumental to accelerating OKTO’s growth in the country.

Shopov also brings a broad range of experience to the new role, having proved his project management skills as Partner Manager at Edentix, as well as serving as Sales Director for specialist payment and technology companies including Cashflows, Skrill and IBM.

Simon Dorsen, Director of Gaming at OKTO, said: “The talent we have in our company continues to grow and it is fantastic to see our team expand internationally with individuals that we know will play a major part in OKTO’s journey.

“Ignacio and Dimitar both bring valuable knowledge, skills and expertise to their respective roles and we are positive they will continue to drive our commercial success and business growth.”

Ignacio García del Frade, Country Manager Spain, said: “I am delighted to be joining the OKTO team at such a pivotal point in its journey and am looking forward to delivering results in the Spanish market.

“OKTO’s suite of payment applications for the betting and gaming sector will deliver real value for operators in terms of building customer acquisition and retention, and I believe its business in Spain will go from strength to strength. 

Dimitar Shopov, Business Development Manager, said: “I have been incredibly impressed not only with OKTO’s fast and seamless mobile payment technology but also with its value-added services that will significantly enhance the customer experience both in online and retail environments.

“I’m excited to be working with my new talent colleagues to help drive the business forward and cement its position as the go-to mobile payment provider for gaming.”

OKTO is currently attending ICE London 2020 to showcase its industry-leading payment solutions for gaming.

 

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Vermantia Signs Content Deal with Caspian Tech

Niji Narayan

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Vermantia Signs Content Deal with Caspian Tech
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Vermantia, a leader in omni-channel content solutions, has extended its partnership with Azerbaijan’s state-licensed operator, Topaz.

The deal sees Caspian Tech provided with premium live racing betting content from the supplier’s market-leading Ultimate Live Greyhound Channel via its integration into the Vermantia CONNECT platform. On Caspian Tech’s behalf, Vermantia will set-up, and operate the bespoke satellite channel across its 500-strong Topaz branded shop estate.

“Caspian Tech represents a very important partner for us and I would like nothing more than to see us expanding our collaboration together. Topaz customers are now able to enjoy top quality live racing content, complete with high-definition pictures, a powerful bet acceptance system and a full data service,” Spyros Stavropoulos, Commercial Director at Vermantia, said.

“CONNECT has proven to be a game-changer in other markets already, combining the highest picture quality with genuine low-latency in a cost-effective solution that allows the operator to choose exactly what content they need,” Spyros Stavropoulos added.

“Our partnership with Vermantia meets both our quest for a trusted partner with an international content distribution experience and our goal to offer fast-paced and exciting betting products to our customers,” Mustafa Onder, Deputy Technical Director at Caspian Tech, said.

“We are very excited to be launching an upgraded service which we believe will prove to be an immediate hit, and no doubt enhance our retail offering with exciting action-packed betting opportunities,” Mustafa Onder added.

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Dutch Online Gaming Launch Delayed Once Again

Niji Narayan

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Dutch Online Gaming Launch Delayed Once Again
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The Dutch Remote Gambling Act (KOA) has been delayed yet again, with Minister for Legal Protection Sander Dekker pushing the date the law comes into effect back to 1 April 2021, and the date the market opens back to 1 October.

Responding to a series of questions from legislators, Dekker announced that the latest delay was necessary as the Government had realised a slower implementation of the laws may create a stronger environment of regulation.

“Earlier I informed you that we are aiming for entry into force on 1 March 2021. Although the implementation is proceeding energetically, it has now become clear to all involved that careful implementation takes a little more time,” Dekker said.

“For this reason, we shall postpone the entry into force of the Koa Act by one month until 1 April, 2021, so that De Kansspelautoriteit (KSA) and the gambling sector have sufficient opportunity for complete preparation. The opening of the market will then take place on 1 October 2021,” Dekker added.

Initially, KOA was scheduled to enter into law on 1 July 2020, with the market to open six months later at the start of 2021. However, in November 2019, the act’s start date was pushed back six months, meaning the market would open on 1 July 2021.

In September 2020, the launch was pushed back again, with the date the act was set to come into effect moved to 1 March 2021, after preparations to launch had been disrupted by the novel coronavirus (Covid-19) pandemic.

The latest delay is the third, and means the law is now set to come into force nine months later than originally planned.

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Black Spins Relaunches on 888 Network

Niji Narayan

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Black Spins Relaunches on 888 Network
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Casy Digital has completed the migration of their Black Spins site from the Nektan network to the 888 casino network.

Migrating to another network is not uncommon in the case of online casinos. However, Black Spins is different in the sense that they will not be accepting players from the UK, unlike all the other casino sites on the 888 casino network. This certainly does seem to indicate a potential change of focus for this particular network as they seek to reduce reliance on the UK market.

“In teaming up with 888, not only do we have a quality platform and gaming option, we are also with a company who is committed to excellence and share our vision for growing in key markets outside of the UK,” Tommy Dawson, CEO of Casy Digital, said.

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