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Press Releases

Soft2Bet launches the “Soft2Bet Invest” iGaming Innovation Fund

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Major turnkey solutions provider, Soft2Bet, launches an innovation fund for investment in promising iGaming and casual gaming entrepreneurs interested in taking their companies to the next level.

Soft2Bet is delighted to announce the launch of ‘Soft2Bet Invest’, its iGaming Innovation Fund that will provide financial and business support to iGaming and casual gaming entrepreneurs who have the same drive for innovation and growth as it has.

Why did Soft2Bet create this investment fund?

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Since its launch in 2016, Soft2Bet’s defining feature has been growth, whether it from a commercial perspective or regulatory footprint.

The driving force behind the company is its founder and CEO, Uri Poliavich. Uri’s vision is to build generational products that revolutionise the industry. He believes that now is the time to encourage and invest in other exceptional companies that bring forth a similar mindset.

Who is the Soft2Bet Invest fund aimed at?

The fund reaches across the corporate spectrum and is open to growth-stage and/or mature companies. Soft2Bet is open to dialogue with companies that are harnessing pioneering technologies in casual gaming, AI, traffic differentiators or behavioural-UX analytics as well as high-margin gaming software solutions that achieve strong profitability and scalability.

Investment:

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Soft2Bet Invest intends to invest amounts ranging between 500,000 EUR and 1,000,000 EUR per project, with the investment strategy to be discussed on a case by case basis. The fund will boast an impressive total value of 50,000,000 EUR.

What are the next steps?

Soft2Bet is calling all casual and real money entrepreneurs to bring their groundbreaking concepts to iGB Live! Amsterdam from 16-19 July and book an appointment with our senior leaders.

Uri Poliavich on the vision behind ‘Soft2Bet Invest’

“Disruption, innovation, revolutionary, visionary – all are words frequently, sometimes appropriately, other times less so, used to describe companies working in the iGaming space. What they reveal, however, is the ambition and drive that have been characteristic of this industry since its earliest days nearly 25 years ago.

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When it comes to Soft2Bet, our journey from startup to major iGaming operator and provider shows how we have been changing the iGaming industry, that we speak the language of innovation, and that our products and success stories are undeniable proof that we excel in driving business growth.

Now, we’re ready to share our vision, values, and expertise with you to power the next big ideas. So bring your groundbreaking ideas, concepts, and visions to iGB Live Amsterdam, and let’s meet up.”

 

The post Soft2Bet launches the “Soft2Bet Invest” iGaming Innovation Fund appeared first on European Gaming Industry News.

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partnerships

Spinomenal enhances Dutch presence with JACKS.NL collaboration

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Spinomenal, the leading iGaming content provider, has enhanced its presence within the regulated Dutch market by striking a partnership with promising operator, JACKS.NL.

The JACKS.NL iGaming brand sits under the JVH gaming & entertainment group, a leading casino operator in the Netherlands. JACKS.NL uses the Bragg Gaming Group offering and Spinomenal’s games will be integrated using the platform. Games now seamlessly available on JACKS.NL include Story of Gaia, Demi Gods V, and Majestic White Rhino.

Lior Shvartz, Co-CEO for Spinomenal commented: “JACKS.NL is a renowned and highly respected Dutch brand and we’re delighted to grow our presence in the Netherlands together. Our games will play a key part in JACKS.NL’s mission to give its players the best casino experience available.”

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Ayla Havekamp, Casino Operational Manager for JACKS.NL added: “We are very excited to expand our current portfolio with the wide range of great games that Spinomenal has to offer, with key titles that include Book of Demi Gods IV, Poseidon’s Rising and Wildfire Fruits. Spinomenal also offers a series of unique 1 Reel slots and many themed games. We look forward to a fruitful partnership”.

The post Spinomenal enhances Dutch presence with JACKS.NL collaboration appeared first on European Gaming Industry News.

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Press Releases

Kirsten O’Neill named Chief Financial Officer at Relax Gaming

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Relax Gaming, the iGaming aggregator and supplier of unique content, has appointed Kirsten O’Neill as its new Chief Financial Officer (CFO).

Kirsten moves into this role having joined Relax Gaming in 2021 where she held the position of Group Finance Manager. Prior to her appointment she worked at both NetEnt and Yggdrasil Gaming as a key member of their finance teams.

This promotion further cements Relax Gaming’s commitment to nurturing top talent and promoting from within, with Martin Stålros recently making the step up to CEO after spending nearly a decade as Chief Operating Officer at the company.

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Longstanding CFO Markus Kruk, who has held the position for nine years leading up to Kirsten’s appointment will move into the role of Chief Corporate Development Officer. This will see him focus on exploring new product verticals and strategic partnerships as the brand continues to grow rapidly in key markets worldwide

Kirsten O’Neill, CFO at Relax Gaming said: “I could not be prouder to take the next step in my career and become CFO at Relax Gaming. This is a special company that has played a huge role in my development over the last several years.

“I am truly excited to continue all of the great work that Markus has achieved ensuring that we are sustainable as a business and I look forward to what lies ahead.”

Martin Stålros, CEO of Relax Gaming added: “We are delighted to announce Kirsten as Relax Gaming’s second-ever CFO. She has been a pivotal part of our team for some time and has a fantastic reputation as someone that can be trusted to help us towards our next major milestones as we enter our latest chapter. I am thrilled to see her take the next step of her journey as she genuinely deserves this opportunity.”

“I would also like to take the opportunity to thank Markus for his outstanding efforts as CFO, we both joined the business around the same time, and he has been instrumental to the journey Relax Gaming has taken as a company. I look forward to his continued journey as Chief Corporate Development Officer, and to working together closely in his new role.”

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The post Kirsten O’Neill named Chief Financial Officer at Relax Gaming appeared first on European Gaming Industry News.

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Compliance Updates

SolutionsHub supports Enjoy Gaming in successful Isle of Man Software Supplier Licence approval

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Innovative live casino studio Enjoy Gaming have successfully secured the prestigious Isle of Man Software Supplier Licence, marking a significant milestone in the company’s growth.

Enjoy Gaming utilised the expertise of renowned Island-based eGaming consultancy SolutionsHub, to assist with the application process, helping them secure their B2B licence.

Head of Operations at SolutionsHub, James O’Kelly said “we’re incredibly proud to have facilitated the successful licence application for Enjoy Gaming. They’re an innovative business providing an excellent product and have really exciting plans, so they were an ideal fit for SolutionsHub from the start. Now that they have their Isle of Man licence, we’re looking forward to seeing the business grow from here and to help them achieve success.”

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What makes Enjoy Gaming so innovative is the introduction of a fresh new live casino experience. Their first offering, Kyiv Pros Roulette uses RNG and pre-recorded video, providing simultaneous gameplay and live results for players. Unlike traditional live roulette tables, where players make quick decisions and then have a lengthy wait for the outcome, this approach offers the rhythm and speed of auto-roulette combined with the premium experience of professional live dealers.

Having professional live dealers in an elegant, stylish setting allows players to immerse themselves in an exclusive, luxury personal casino experience. Along with the faster pace of the game rounds, players remain engaged.

Recognising the importance of adopting an omni-channel approach, particularly for operators looking to engage players across a range of different markets, Enjoy Gaming have optimised their games so that they work seamlessly with all devices including desktop, mobile and tablet.

Enjoy Gaming’s story is unique, having faced significant upheaval in their homeland, they were forced to redirect their efforts. With their team of Ukrainian developers, designers, cinema crew and casino dealers, their pre-recorded online roulette was born. Having seen significant early growth already, the successful acquisition of an Isle of Man Software Supplier Licence is a landmark achievement for the rapidly growing studio.

Looking to the future, the company has big plans to both elevate their existing content as well as expanding their portfolio. Enjoy Gaming Director Steven Welsh said “we’ll be introducing additional features like multipliers to our existing games to enhance the experience for players. We’re also focused on developing a new Game Shows category to deliver even more entertainment and excitement, as well as true 24/7 live broadcasting to make content even more interactive.”

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The Isle of Man has seen a marked increase in software suppliers opting for the credibility that licensing in the offshore jurisdiction provides, with many of the industry’s leading names now making it a prerequisite to do business. Steven went on; “obtaining the recognition of an Isle of Man license gives us a platform to build from and will allow us to develop strategic partnerships and develop new business opportunities.”

As a leading authority in the licensing and maintenance of iGaming businesses in the Isle of Man, SolutionsHub have been instrumental in supporting operators and B2B with successful licence applications. Given the shift towards greater transparency and a commitment to maintaining the highest standards being seen across the industry, the future looks bright for the Isle of Man.

The post SolutionsHub supports Enjoy Gaming in successful Isle of Man Software Supplier Licence approval appeared first on European Gaming Industry News.

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