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Parimatch appoints Dmitry Sergeev as CEO for CIS Division

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Parimatch appoints Dmitry Sergeev to lead Eastern European expansion
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Parimatch Holding, the global betting and technology company, today announces that it has appointed Dmitry Sergeev as CEO of Parimatch’s newly created CIS (Commonwealth of Independent States) division. Sergeev’s appointment forms part of Parimatch’s plans for further expansion in its main markets.

Sergeev will lead Parimatch’s CIS business with the support of a team of Parimatch professionals, to consolidate Parimatch’s position as the market leader in the CIS and deliver on Parimatch’s corporate strategy, as the business looks to deepen and broaden its technology offering and expertise.

Through this updated corporate structure, the focus will be on maximizing interaction between all company divisions across the Asian and Eastern European markets where the Parimatch brand is represented. With this new model of close collaboration, the Parimatch network will be more closely aligned through the sharing of best practice and successful initiatives across R&D, communications, digital, product development and other areas.

Sergeev joined Parimatch Russia* in 2019 as CEO. Under his management the company quadrupled its growth, and the team also carried out a number of outstanding brand activations. Sergeev is a well-known media manager with over 15 years of experience in marketing, business development and commerce. In 2005, he founded the sports portal “Championship”, which has become one of the largest sports media companies in Russia and the CIS.

From 2016 to 2019, Sergeev was also the CEO of bwin in Russia, responsible for establishing the company as the first international player in Russia. In 2019, he took one of the top spots in the Annual Top 1000 Russian Managers rating, compiled by the Association of Managers with the support of Kommersant Publishing House. At the end of 2019, Sergeev earned Parimatch a “Discovery of the Year” award at the international award “Bispo Awards”.

With Sergeev taking on the role of CEO of Parimatch CIS, Ruslan Medved, currently Deputy CEO of Parimatch Russia*, who joined the brand in April this year, will take on the position of Managing Director of Parimatch Russia.

Dmitry Sergeev, CEO of Parimatch CIS: “Many thanks to the entire Parimatch team in Russia. Together we have made a huge breakthrough, becoming one of the most prominent betting companies in the country. New challenges await, because our ambition to become one of the top three operators in the CIS region is now being put on the fast track!

As CEO of Parimatch CIS I will be focusing on strengthening brand presence, developing and implementing new technical solutions, and ensuring the company’s number one priority is innovation. We must stay one step ahead and set new trends to excite and entertain our customers.”

Sergey Portnov, CEO of Parimatch Holding: “Parimatch is defined as a business by its bold ambitions, and we are set on becoming the leading betting provider in all the markets in which we operate. The CIS is a key region for us, and I know from his success in heading up Parimatch Russia, that Dmitry will provide strong leadership for Parimatch CIS at what is a truly exciting time for the wider business – as we invest in our technology capabilities to deliver innovative and seamless experiences to our two million strong customer base.”

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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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CT Interactive Shortlisted in Two Categories at BEGE Awards 2024

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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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