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QTech Games confirms Epic merger

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QTech Games confirms Epic merger
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Asia’s top distributor merges with leading games reseller Epic Media to secure a trailblazing leadership team for growth markets

QTech Games, Asia’s number-one games distributor, has announced a major merger with leading games reseller, Epic Media, in order to bolster its platform’s position at the forefront of the industry for taking the best online games to market across emerging territories.

Under the terms of the reseller agreement, every component of QTech’s digital one-stop shop will be made available, from slots and table games to instant win, virtual sports and live casino games.

Epic Media is headed by industry trailblazers Staffan Lindgren and Ulf Norder, both of whom have a proven record for business development and scale-up success. Norder is a former Director of Development at Yggdrasil and Evolution Gaming, while Lindgren was a co-founder of NYX, which now forms a key part of Scientific Games.

Thanks to a recent partnership with Ezugi’s live-dealer portfolio, QTech Games now has an all-inclusive service for global operators, particularly across developing gaming spaces where demand for a comprehensive-yet-localised product set is paramount against a diverse backdrop of cultural trends and player preferences.

Markus Nasholm, Chairman of the Board at QTech Games, said: “We’re thrilled to have finalised this milestone merger with Epic Media, and delighted to have the combined experience and expertise of Staffan and Ulf on board. To have two of the most successful people in the gambling join QTech Games is a ringing endorsement of all our team’s hard work in recent years.

“It’s been another year of sustained growth at QTech, and their partnership will prove invaluable as we grow further and faster in more international markets. It’s also a real validation that QTech adopted the correct strategy from the outset with our ‘two cornerstones’ model. Firstly, beyond the fantastic games, fully owning the technology sets QTech apart, which enables us to offer a number of flexible features which no competitor can rival. And secondly, outside of Asia, we’ve secured strongholds in virtually all the margin markets, demonstrating organic growth across channel and border.”

Staffan Lindgren, Strategic Adviser to the Board, said: “I’ve been active in Asia for a long time but this is the ideal time to consolidate my hard-won experience in a more structured way with QTech Games. QTech is clearly the leader in Asia, and other key growth territories are quickly falling in line. Their propriety technology means they’re the only aggregator that is not just delivering fantastic games but also adding engaging features (such as QT Play’s AI-powered recommendation engine, alongside their Tournament and Jackpot elements) which make QTech’s position in the market unique. The rapid growth since the start has also been extremely impressive with yearly double-digit gains immediately taking the eye.”

Ulf Norder, VP / Director of sales, added: “For me, having previously been more active in Europe’s ‘margin markets’, this role is a perfect opportunity. QTech Games is the only company that has been active in all such markets. Indeed, they’re not just an Asian aggregator but are also attracting clients from all over the world. Latin America, Eastern Europe and they’re already in position to stake a firm claim in the Indian market, stealing a match on the competition. Together, I’m confident we can be even more successful.”

As the fastest-growing distributor in Asia over the past few years, QTech’s platform boasts the the most comprehensive gaming portfolio around, tailored for each region, with native mobile apps, powerful reporting and marketing tools, and 24/7 local-language support.

 

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Vbet Wins Best Online Casino Operator 2024 at SiGMA Europe 2024

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Vbet has been crowned the Best Online Casino Operator 2024 at the highly coveted SiGMA Europe event, cementing its position as a leader in the online gaming industry.

This achievement highlights Vbet’s commitment to providing an exceptional user experience by combining cutting-edge technology with a vast range of options and a secure process. The dedication to creating a responsible, enjoyable environment for players was recognised with this award, making this accolade even more significant. As Vbet continue to expand into new markets, the list of strategic partnerships grows alongside our constant drive to expand its offering. This award serves as a stepping stone on its path to reach more players and set new standards in the industry.

Arman Khachatryan, VBET’s Managing Director, said: “We are incredibly proud to receive the Best Online Casino Operator award at SiGMA Europe 2024. This recognition is a testament to the hard work, passion, and effort of our entire team. Our mission has always been to deliver the highest quality experience in the safest environment possible to our users. This award not only recognizes our dedication to this mission but also motivates us to continue expanding into new markets and territories.”

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ICE Barcelona to deliver razor-sharp focus on LatAm and evolving Brazilian Market

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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

 

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FDJ Announces its First Bond Issue

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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.

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