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TrueLayer’s Spanish expansion continues appointing Pablo Ruano as Country Manager
TrueLayer, Europe’s leading open banking platform, today announces further expansion of its Spanish operations with the appointment of Pablo Ruano as its Country Manager. Madrid-based Pablo will oversee commercial strategy in the country, alongside TrueLayer’s recently appointed VP of EU Sales, David Exposito.
The announcement comes as TrueLayer continues its Spanish expansion, where it offers 99% coverage of the banked population, processing more than half of all open banking traffic in the country through its collaborations with firms including Revolut, HeyTrade and Ninety Nine. TrueLayer is also the only open banking provider that supports app2app journeys for all of the Spanish banks, delivering a faster, easier way for people to give permission for a third party to access their bank data or make a payment on their behalf.
Pablo is an experienced commercial leader, joining TrueLayer from Lendo, a comparison site for consumer loans and marketplace and broker of consumer loans for banks, where he was General Manager for Spain.
Commenting on joining TrueLayer, Pablo said: “There is so much potential for open banking to deliver innovation to Spanish consumers and businesses. The growth of instant, account-to-account payments and their upcoming evolution as the primary payment option across multiple industries makes this an incredibly exciting time to join the market leader TrueLayer. It has already built a strong customer base thanks to its comprehensive bank coverage that makes it easy for firms to implement account verification, data aggregation and instant, secure payments.”
Prior to Lendo, Pablo was senior European operations manager at Uber, where he oversaw the European launch of Uber Freight, a digital platform for commercial shippers and carriers to match freight loads efficiently and simplify the movement of goods. He is also a fintech founder having built and developed Prestomatic.es, which focused on delivering cost-competitive micro loans with very short application times by leveraging automation and artificial intelligence.
David Exposito VP of EU Sales at TrueLayer commented: “TrueLayer is working with clients across Europe to replace costly, poorly converting card payments with instant, secure bank-to-bank payments that deliver a better customer experience. We’re delighted to have Pablo join us as he will play a crucial role in accelerating our Spanish expansion, winning new business, collaborating with existing clients to expand their use of our products, and supporting our UK and European clients to successfully enter Spain.”
The Pennsylvania Gaming Control Board (“PGCB”) has released the 18th edition of its Annual Report.
The PGCB’s 2023-2024 Annual Report provides detail on the work of the agency in regulating the Commonwealth’s gaming industry, and also includes:
- individual revenue figures during another record-setting fiscal year for slot machines, table games, sports wagering, internet gaming, fantasy sports contests and video gaming terminals at eligible truck stops;
- a year in review report with pertinent statistical figures from the PGCB’s key bureaus;
- information on the PGCB’s efforts to stop adults from gambling while leaving minors unattended; and,
- a section on problem gambling and the PGCB’s Self-Exclusion Program.
The PGCB was established in 2004 through the passage of the Pennsylvania Race Horse Development and Gaming Act. Since then, it has become one of the pre-eminent gaming regulators in the world overseeing all aspects of gambling in the Commonwealth. Currently, the number of outlets for the various types of gaming regulated by the PGCB are:
- 17 land-based casinos;
- 18 retail sports wagering locations;
- 12 online sports wagering sites;
- 22 sites for online casino-type games (slot machines, table games, poker);
- 74 truck stop establishments with Video Gaming Terminals (VGTs); and,
- 9 online fantasy sports contest sites.
In addition to supporting nearly 16,000 jobs at casinos, overall gaming revenue reached a record high during the fiscal year generating $5.89 billion and resulting in $2.54 billion in tax revenue.
The 2023-2024 Annual Report can be downloaded as a PDF document by choosing Organization Reports under the About PGCB tab on the agency’s website.
Allwyn, a leading multi-national lottery operator headquartered in Switzerland, announced that the Allwyn entity Allwyn International a.s. (“AIAS”) has relocated from the Czech Republic to Switzerland. Effective 1 October 2024, AIAS has become a Swiss entity (under the new legal name Allwyn International AG) and has transferred its place of business to Switzerland.
As of the date of relocation, the €500 million 3.875% senior secured notes due 2027 (the “2027 Notes”) originally issued by AIAS have been transferred to Allwyn Entertainment Financing (UK) Plc, as substituting issuer. Allwyn Entertainment Financing (UK) plc is the issuer and borrower of certain other Allwyn bonds and loans. AIAS has become a guarantor of the 2027 Notes, which continue to be guaranteed and collateralised pari passu with other indebtedness under Allwyn’s intercreditor agreement dated 16 December 2020.
The relocation has no effect on Allwyn’s workforce or lotteries and gaming operations in the Czech Republic.
The post Allwyn International a.s. relocates to Switzerland appeared first on European Gaming Industry News.
Oddin.gg is proud to announce that it has secured a full 3-year sports betting license in Ohio, further strengthening its standing as the esports betting solutions provider with the most licenses in North America. With this latest addition, Oddin.gg now holds four US licenses—New Jersey, Colorado, West Virginia, and Ohio—and a total of five across North America, including Ontario, Canada.
The Ohio license is a strategic milestone, as the state is set to become one of the most active betting markets in the American Midwest. According to projections from the Ohio Legislative Service Commission, the state’s sports gaming market is expected to reach approximately $3.35 billion annually as it matures. By securing this license, Oddin.gg is well-positioned to support operators in tapping into this significant potential.
Obtaining the Ohio license also demonstrates Oddin.gg’s ability to meet the state’s comprehensive regulatory standards, which include arduous assessments of financial stability, operational integrity, and adherence to state laws. This achievement reinforces Oddin.gg’s reputation for compliance and reliability, enhancing its capability to deliver full-service esports betting solutions tailored to a growing market.
Ohio’s sports betting legislation imposes a 10% tax on sports gaming receipts, contributing to public education and initiatives supporting veterans in the state. Oddin.gg’s entry into this regulated environment reinforces its role as a leader in shaping the future of esports betting in the US while offering operators a pathway to engage with a new generation of bettors in a secure and exciting way.
Vlastimil Venclík, CEO of Oddin.gg, shared his enthusiasm about the news: “Securing a license from the Ohio Casino Control Commission is a significant step in our North American journey. Ohio is poised to become one of the most dynamic betting markets in the US, and gaining this
approval aer meeting the state’s rigorous standards is a true reflection of our commitment to integrity and excellence both in Ohio and beyond. However, this license isn’t just about expanding our reach; it’s about ensuring our partners have access to market-leading esports betting solutions that fully align with all local regulatory requirements.”
He continued, “Ohio’s market is gearing up to be something special, and we’re excited to help operators tap into that potential. As esports betting continues to evolve, Oddin.gg is ready to provide the expertise, technology, and support to make sure our partners succeed.
Pennsylvania Gaming Control Board Releases Annual Report
Allwyn International a.s. relocates to Switzerland
Oddin.gg Breaks New Ground as Ohio Marks its 5th North American Betting License
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