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Gurhan Kiziloz’s Business Expansion: From $400 Million to a $1.45 Billion Target Gurhan Kiziloz’s Business Expansion: From $400 Million to a $1.45 Billion Target

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Gurhan Kiziloz’s Business Expansion: From $400 Million to a $1.45 Billion Target

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Gurhan Kiziloz has crafted his career around swift action, taking calculated risks, and broad expansion. This approach has spurred rapid achievements as well as raised eyebrows. Eschewing slow, steady growth, he opts for bold ventures, tapping into rapidly expanding markets and dealing with the twists of regulations and market dynamics.

Currently, he’s spearheading a significant growth project with MegaPosta, an online gaming enterprise that has amassed over $400 million in revenue. With the LATAM market ripe with prospects, forecasts suggest that the company’s revenue is set to hit $1.45 billion by 2025.

Kiziloz’s journey from fintech at Lanistar to his present concentration on online gaming showcases his preference for adaptability over caution. His knack for strategic shifts, overcoming obstacles, and bold scaling has marked his business methods. As MegaPosta embarks on its next chapter, the pressing question is whether Kiziloz can maintain his rapid growth trajectory at this larger scale.

Navigating Financial Storms: Kiziloz’s Resilience

Kiziloz’s career is punctuated with frequent disruptions, which he views as instructive rather than final. He initially engaged in ventures that pushed regulatory limits and later honed his focus on fintech with Lanistar, a startup aimed at revolutionizing digital payments. When faced with scrutiny from the U.K. Financial Conduct Authority (FCA), he doubled down on compliance, a move he believes has honed his adaptive skills under pressure.

He continually looks to the future, learning from past failures and using them as crucial pivot points that have refined his business acumen. A 2022 bankruptcy was a watershed, propelling him beyond fintech to diversify into the gaming industry.

From Fintech to Expanding Horizons

Lanistar started as a fintech innovator focused on redefining payment solutions. Facing operational and regulatory challenges, Kiziloz shifted gears, branching into different sectors to boost revenue. His market entry approach is typically quick and fraught with risk, attracting investor interest who are drawn to his resilience but wary of potential pitfalls.

Over recent years, Kiziloz has targeted Latin American and European markets, positioning Lanistar where digital financial services are flourishing. While specific user adoption metrics are not disclosed, the firm’s continuous growth indicates solid customer acquisition and partnerships. This flexibility is central to his strategy, as he consistently seeks new or related industries to incorporate into his portfolio.

Optimizing Leadership & Task Delegation

Kiziloz’s leadership is characterized by decisive and efficient management. He admits that handling minute details isn’t his forte, preferring instead to delegate such tasks to a competent team.

This approach helps him keep the business agile, concentrating on overarching strategies and quick responses to market changes. Observers recognize that while this can drive swift growth, it also poses risks of oversight if his team doesn’t receive adequate support.

Nevertheless, Kiziloz values swift action over excessive caution, keeping his business ventures moving to ensure that setbacks in one area can be offset by successes in others.

Aiming for $1.45 Billion: Kiziloz’s Revenue Strategy

Central to Kiziloz’s expansion plan is a bold revenue goal: to escalate MegaPosta’s earnings from $400 million in 2024 to an anticipated $1.45 billion by 2025. Given his history of aggressive expansion and rapid scaling, this target seems like a logical progression of his high-growth strategy. His knack for identifying lucrative markets and scaling operations swiftly has established him as a formidable player in the online gaming market.

While continuing to anchor in fintech with Lanistar in the digital payments realm, Kiziloz hints at broader tech-driven ventures and large-scale philanthropic efforts.

Achieving this revenue milestone will hinge on MegaPosta’s ability to maneuver through regulatory changes, competitive market dynamics, and global economic shifts. In fintech, rapid tech advancements and new, well-capitalized entrants could pose challenges to established entities. Furthermore, global economic indicators like capital flows, interest rates, and consumer sentiment will significantly impact his company’s growth trajectories.

With a net worth of $700 million, Kiziloz is betting on strategic execution to elevate Nexus International to a leading position globally.

Balancing Bold Aspirations with Regulatory Realities

Critics argue that Kiziloz’s rapid-fire approach to business could undermine investor confidence if failures accumulate too quickly. Moreover, intense regulatory scrutiny, especially in the financial sector, could lead to severe penalties or operational hurdles.

Supporters, however, point to his resilience and ability to rebound from setbacks, seeing these as part of a larger strategy of continuous adaptation until he achieves a sustainable business model.

Alongside his business endeavors, Kiziloz is involved in philanthropic projects, such as food and water initiatives in Gambia. While these efforts are currently modest, he plans to expand them substantially as his financial goals are met, creating a narrative of a high-revenue entrepreneur also committed to global impact.

The Path Forward

Kiziloz’s business philosophy centers on speed, risk-taking, and the agility to pivot as needed. His track record is a blend of rapid growth and occasional failures, making him a notable yet controversial figure in the business sphere. Whether his strategy will lead to enduring success is yet to be determined.

As Nexus International aims for $1.45 billion in revenue by 2025, the effectiveness of its execution will be crucial. It will need to navigate regulatory complexities, protect its market position, and scale at the envisioned pace, demanding consistent operational discipline. Kiziloz’s ongoing fintech initiatives, including Lanistar, will play an evolving role in his broader strategy.

Kiziloz continues to rely on well-planned gambles, refusing to let setbacks steer his course. While this mindset has propelled his ascent, balancing rapid growth with necessary stability will be his ongoing challenge. If his past actions are any indicator, he’s not likely to slow down.

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eSports

PlayVS Announces Multi-year Partnership with Zenni Optical

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PlayVS, the leading esports platform in North America, announced a multi-year partnership with Zenni Optical, the world’s leading online eyewear retailer. This partnership establishes Zenni as the official eyewear partner of PlayVS, bringing exclusive benefits to PlayVS’ esports community.

As part of this collaboration, Zenni will serve as the official eyewear partner of the PlayVS Cup, the annual national esports championship for high school students. The Cup provides top scholastic esports teams from across the country with an opportunity to compete for a national title and earn recognition and awards, including college scholarships. Zenni’s partnership will help power scholarship prizes for Cup finalists, furthering PlayVS’ dedication to empowering students and supporting their educational and athletic ambitions. These scholarships not only aid with alleviating financial strain, but also highlight esports as a viable pathway to academic and professional success.

Zenni’s eyewear will also be included in the prize packages that PlayVS Cup champions and PlayVS Awards winners receive, providing students with high quality eyewear to complement their gaming performance. Additionally, Zenni will offer members of the PlayVS community exclusive discounts on eyewear.

“We are excited to partner with PlayVS and expand our ongoing support of the gaming and esports community. Empowering a dedicated high school esports program that not only will generate awareness around the importance of eye health to a new generation of gamers but also support their academic pursuits is such an amazing opportunity for Zenni to partner with,” said Robb Chiarini, Head of Partnerships, Licensing, & Events at Zenni Optical.

Through this partnership, Zenni will also be integrated into PlayVS’ content series, Road to the PlayVS Cup, a set of videos showcasing different esports programs across the nation as they compete to earn a spot in the PlayVS Cup.

“Partnering with Zenni is a natural fit for us as we continue to grow the high school esports community. Zenni shares our commitment to supporting students in both esports and academics. By joining forces with Zenni, we’re empowering students with scholarships and enabling them to partake in healthy competition to foster their esports careers. We’re excited to work together and bring Zenni’s eyewear to our community of gamers,” said Jon Chapman, CEO of PlayVS.

The post PlayVS Announces Multi-year Partnership with Zenni Optical appeared first on Gaming and Gambling Industry in the Americas.

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John Pollard

Pollard Banknote Announces Acquisition of Pacific Gaming

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Pollard Banknote Limited announced that it has signed a definitive agreement to purchase 100% of the business of Pacific Gaming LLC and LIF Capital Group LLC (collectively “Pacific”), a recognized leader in bingo electronics, handhelds, blowers, point-of-sale systems, and bingo management systems.

Pacific will become part of the Pollard Charitable Games Group, joining other industry leaders such as American Games, International Gamco, Diamond Game, and CJ Venne. This acquisition strengthens Pollard’s existing product portfolio, which already includes paper pull-tabs, electronic pull-tabs, bingo paper, pull-tab vending machines, video verifiers, and bingo daubers. Pacific’s bingo equipment provides an even more comprehensive and integrated range of products to meet the needs of charitable gaming operators.

“We are thrilled about adding the Pacific electronic bingo offerings into our charitable gaming portfolio. As one of the leading providers to the charitable bingo market, the addition of electronic solutions is an important element of providing a comprehensive product offering to existing and new customers. Pacific will be a key addition in helping us remain a leader in this space,” said John Pollard, Co‐Chief Executive Officer of Pollard Banknote.

Steven Fingold, Executive Vice President for Charitable Gaming at Pollard Banknote, said: “Pacific has long been a leader in electronic bingo solutions and we’re excited to have them join our charitable games group. This acquisition further highlight’s Pollard Banknote’s ongoing commitment to the charitable gaming market and our focus on expanding our leadership role through both organic growth and key acquisitions.”

The total Acquisition purchase price is $10.0 million U.S. dollars (approximately $14.4 million CDN dollars using an exchange rate of $1.44 CDN dollar per U.S. dollar) prior to standard working capital adjustments. The purchase price will be funded from existing Pollard Banknote cash resources and availability under the existing senior credit facilities. The Acquisition is expected to be accretive to Pollard Banknote’s net income. The Acquisition agreement of Pacific has been signed and expected to close on April 1, 2025 on receipt of standard approvals. The Acquisition is not contingent on any financing.

“This acquisition continues Pollard Banknote’s commitment to growing our presence in the important charitable gaming market and strengthening our leadership role as the partner of choice for charities throughout the U.S. and around the world. We are extremely pleased to have the Pacific team join us, and we look forward to continued success in expanding our reach within the bingo market,” John Pollard added.

The post Pollard Banknote Announces Acquisition of Pacific Gaming appeared first on Gaming and Gambling Industry in the Americas.

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Affiliate Industry

What Has the Affiliate World Turned Into? The Evolution of iGaming Over the Years

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By Dima, Head of Growe Partners

If you’ve been in iGaming affiliate marketing for a while, you will agree with me that things have changed drastically. I’ve been in the industry long enough to remember when conferences felt more like circus shows than business events, traffic quality wasn’t always a priority, and short-term profits were often the main goal. But those days are long gone.

Over the last five to ten years, we’ve seen the industry mature. Flashy gimmicks have been replaced by networking, data-driven decision-making, and long-term partnerships. The game has changed — and so have the rules for success.

From Wild Shows to Professionalism: The Evolution of Industry Events

I remember my first industry events — let’s just say, they were memorable. We’re talking about conferences where organizers brought in wild animals, eccentric performers, and over-the-top entertainment to grab attention. And, honestly, back then, it worked. The industry was still finding its feet, and the focus was more on making noise than making deals.

But if you walk into an iGaming event today, the atmosphere is completely different. The focus has shifted towards high-quality networking, serious business discussions, and insightful panels. Operators, affiliates, and service providers are no longer looking for a spectacle — they want valuable conversations, real partnerships, and data that can help them scale. This shift isn’t just anecdotal; attendance data from major events like iGB Affiliate London and ICE reflects this new industry mindset. 

To put the tendencies in the niche perfectly: “The days of pure entertainment are over. Now, events are about meeting the right people, discussing market trends, and sharing insights that actually drive business forward. Everyone wants to learn, not just party.”

This change also reflects growing competition. The industry has matured, and operators expect affiliates to be strategic business partners rather than opportunistic traffic sources. As a result, industry gatherings now prioritize collaboration over spectacle, allowing attendees to gain actionable insights and form meaningful business relationships.

The End of “Quick Wins” and the Rise of Long-Term Partnerships

A decade ago, the affiliate model was simple: drive traffic as fast as possible, cash out, and move on. High churn rates weren’t a problem, and long-term value (LTV) was barely part of the conversation. The goal was short-term profit.

Now, that approach just doesn’t work anymore. Operators have become much more selective. They want affiliates who bring in high-quality players, not just a flood of short-term sign-ups. Retention has become just as important as acquisition, and brands want partners who can deliver sustainable results. Recent trends indicate that operators are increasingly focusing on retention strategies to maintain player engagement and profitability. 

Some affiliates have completely overhauled their strategies, moving towards content-driven approaches, CRM integration, and player engagement tactics. Email marketing, push notifications, and tailored offers are now essential tools in the affiliate playbook. The shift to lifetime value-driven metrics means that affiliates must analyze data, optimize player journeys, and work closely with operators to maintain long-term profitability.

Raising the Bar: Quality Traffic Is Now the Standard

It’s not just about partnerships — the standards for traffic quality have skyrocketed. Years ago, some affiliates could get away with gray-hat methods: things like incentivized traffic, bots, or misleading promotions.

Not anymore. Operators are demanding transparency and engagement metrics that actually matter. They want players who deposit, play, and stick around, not just one-time sign-ups. 

“We’ve seen a massive shift in traffic evaluation. If your players aren’t engaging, operators will cut you off. There’s no room for low-quality traffic anymore,” commented Mykyta, Head Of Affiliates at Growe Partners. “Everyone is focused on LTV now, and if your traffic isn’t bringing in valuable players, you’re going to struggle to find good deals.”

This heightened scrutiny has led to the decline of black-hat techniques and a greater emphasis on compliance and ethical marketing. Affiliates now invest in data analytics to monitor traffic quality and ensure alignment with operators’ expectations. Some are even forming exclusive partnerships with brands to ensure traffic consistency and build a reputation for delivering high-value players.

The Mobile-First Revolution: Adapting to the New Reality

Ten years ago, desktop traffic dominated. Most players signed up through websites, and mobile gambling was still a niche.

Fast forward to today — mobile is everything. The majority of players now deposit, bet, and interact with brands directly from their phones. Recent studies show that mobile devices account for over 70% of global online gambling revenue, with mobile gambling projected to grow at a CAGR of 11.5% over the next five years. 

One thing is clear: if your website, funnels, and marketing strategies aren’t optimized for mobile-first, you’re losing a massive percentage of potential players. Affiliates have had to rethink everything, from ad placements and UX design to the way they track and analyze player behavior across different devices.

AI and Automation: The Affiliate Game-Changer

One of the biggest shifts I’ve seen is how much AI has changed our approach to marketing. Years ago, affiliate marketing was all about manual testing — setting up campaigns, running A/B tests, and figuring things out through trial and error.

Now, AI-driven tools handle campaign optimization, ad targeting, and even content creation. AI can analyze thousands of data points in real-time, adjusting campaigns to find the most profitable audience segments. According to a 2023 report from McKinsey, AI-driven marketing strategies have increased conversion rates by up to 35% for affiliates who integrate them effectively. 

“AI isn’t replacing affiliates — it’s giving them the tools to work smarter and make better decisions,” said Anna-Mariia, Affiliate Team Lead at Growe Partners . “Today, AI can generate ad creatives, predict user behavior, and even automate entire campaigns. The affiliates who are leveraging these tools are gaining a huge competitive advantage.”

New Markets, New Opportunities: The Rise of LATAM

One of the biggest industry shifts in recent years has been the explosive growth of Latin America (LATAM). Markets like Argentina, Chile, and Mexico have become prime territories for iGaming, offering huge potential for affiliates who know how to localize their approach. Market data shows that LATAM’s iGaming sector is growing at an annual rate of 20%, outpacing most European markets. 

Chile and Argentina, which we are actively working with, have emerged as some of the most promising markets in Latin America. As iGaming adoption continues to rise, these countries present significant opportunities for affiliates who can adapt to local regulatory requirements and cultural preferences. And, of course, affiliates who understand regional payment preferences, player behavior, and localized marketing strategies will have a clear advantage over those applying a one-size-fits-all approach.

What To Expect Next?

Looking back at how the industry has evolved, one thing is clear: affiliate marketing isn’t as easy as it used to be, but it’s more rewarding than ever. The days of quick wins and shady tactics are over. Success now requires long-term thinking, high-quality traffic, and strategic partnerships. Affiliates who embrace AI, mobile-first strategies, and new markets like LATAM will be the ones leading the next decade of growth. The affiliate world has changed, but for those willing to adapt, the opportunities are bigger than ever.

The post What Has the Affiliate World Turned Into? The Evolution of iGaming Over the Years appeared first on European Gaming Industry News.

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