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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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Electrifying twist on the traditional Roulette

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SA Gaming is thrilled to announce the launch of Ultra Roulette! It is a thrilling new twist on traditional Roulette! Instead of giving a fixed payout like traditional Roulette offers, Ultra Roulette gives random numbers each round with “Ultra” bonus multipliers!

Ultra Roulette uses a single-zero Roulette, and comes with all available bet options offered in traditional Roulette – Split Bets, Street Bets, Corner Bets, etc. The biggest twist comes when the betting time ends – 1 to 5 random numbers will be assigned with a special multiplier known as an “Ultra” bonus multiplier, ranging from 50x to 1,000x – applied to straight bets only. This is truly a breathtaking experience as the payout is known after the countdown ends, giving unprecedented fun and excitement!

The post Electrifying twist on the traditional Roulette appeared first on European Gaming Industry News.

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HIPTHER Community Voices: Interview with the CEO and co-founder of Nordcurrent Victoria Trofimova

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In this edition of HIPTHER Community Voices, we talk with Victoria Trofimova, the CEO and co-founder of Nordcurrent, the biggest game studio to come out of Lithuania and the Baltics. Since starting the company in 2002, Victoria has led Nordcurrent from a small team to an international gaming success story — all without external funding.

She shares how key decisions like focusing on mobile games, building a diverse team, and staying true to their creative vision helped shape Nordcurrent’s growth. We also dive into how she’s helping put the Baltics on the global gaming map, supporting young talent, and what advice she has for the next generation of women leaders in tech.

 

Nordcurrent has grown into a Baltic powerhouse since its  founding in 2002. What were some of the pivotal moments that  shaped the studio’s identity and success—especially as a bootstrapped company?

One key moment was our decision to focus fully on mobile gaming early on. That shift, around 2010, allowed us to scale globally with titles like Cooking Fever, which became a long-term success story. Another pivotal step was building and retaining in-house capabilities, from development to marketing, while staying self-funded. Being bootstrapped taught us discipline, resilience, and how to make bold yet thoughtful decisions without external pressure.

 

You’ve scaled a 360-person team across multiple countries.  What have been the biggest challenges—and advantages—of  growing Nordcurrent without external funding?

The biggest challenge has been growth pacing. We had to build sustainably, without shortcuts. But that’s also been our advantage; we’ve kept creative control, built long-term trust with our team, and stayed focused on profitability and product quality. It’s a different rhythm, one that favors deep thinking over hype.

 

Diversity in gaming is still lagging behind. What concrete steps has Nordcurrent taken to drive inclusion, and how do you embed this into studio culture, hiring, and leadership?

We don’t overcomplicate it, we hire the best people who want to build great games with us. We don’t separate or label by gender, background, or title. If someone brings talent, drive, and a collaborative mindset, they belong here. That approach has naturally led to a diverse team, including strong female leadership across departments. We focus on creating an environment where everyone is treated equally, trusted, and heard.

 

You’ve spoken about attracting global talent to Lithuania and the Baltics. What makes the region appealing—and what misconceptions do you often have to overcome when recruiting internationally?

The Baltics offer a great work-life balance, strong tech ecosystems, and a tight-knit creative scene. But we still need to overcome outdated perceptions; for example, that it’s cold, isolated, or lacking opportunity. The truth is, Vilnius and other cities here are dynamic and are increasingly being recognized for innovation.

 

In such a saturated gaming market, how does Nordcurrent approach innovation and stay relevant without falling into trend-chasing?

We listen deeply. To players, to data, and to our instincts. With over two decades of experience, we’ve built a rich internal library of what works, what lasts, and what connects. Innovation for us isn’t about reinventing the wheel every time. It’s about layering insight, emotion, and cultural nuance onto strong foundations. We don’t chase trends, we ask how a game fits into people’s lives. That’s why titles like Airplane Chefs resonate. They’re familiar yet fresh, culturally rich but globally accessible. Years of learning has given us the confidence to trust our gut and the clarity to know when to try something bold.

 

From mobile hits to console and PC publishing—how has your portfolio strategy evolved, and how do you decide what kinds of games to invest in today?

Our mobile success gave us the freedom to diversify. With Nordcurrent Labs, we now publish PC and console games that align with our values: original IP, strong storytelling, and long-tail potential. We look for teams with vision and grit, whether it’s cozy games or narrative-rich adventures.

 

You recently acquired River End Games and the Cinemaware catalog. What’s the strategic thinking behind those moves, and what can players expect from these legacy properties going Forward?

River End Games brings deep narrative talent and AAA craftsmanship, which complements our publishing ambitions. With Cinemaware, we’re reimagining classics for a new generation. These acquisitions aren’t about nostalgia only, they’re about unlocking untapped creative value in ways that feel both respectful and bold.

 

How are you helping to nurture the next generation of game developers in the Baltics, and what role do you think studios should play in education or early talent development?

We take this responsibility seriously. As the largest Lithuania-born game developer, we feel a strong duty to help grow the industry, not just our studio. We actively collaborate with the Lithuanian Game Developers Association, support local game jams, and organize major meetups that bring the community together. Our goal is to make the gaming industry more visible, more accessible, and more appealing, especially to young people who may not yet see it as a real career path.

It’s not just about hiring talent, it’s about helping to create it. We believe studios should take an active role in popularizing the industry, opening doors, and building a future where game development is seen as a creative and respected profession.

 

You’re leading a company that’s rooted in Eastern Europe but competing on a global stage. How do you balance local values with global ambitions?

We don’t see it as a conflict. Our roots give us authenticity and resilience, and these are qualities that resonate globally. We build games that are grounded in strong craft and cultural richness but are universally relatable. Staying true to who we are has been our best strategy for going global.

 

And finally—what advice would you give to aspiring women leaders in tech and gaming who want to break into this industry and rise through the ranks?

Own your voice. You don’t need to fit a mold to lead. Surround yourself with people who challenge and support you. And remember, leadership isn’t just about a title, it’s about taking responsibility, lifting others, and staying curious. Tech and gaming need your perspective, and there’s room for you at the table.

The post HIPTHER Community Voices: Interview with the CEO and co-founder of Nordcurrent Victoria Trofimova appeared first on European Gaming Industry News.

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BETBY REDEFINES CHESS BETTING WITH EXPANDED MARKET OFFERING AHEAD OF ESPORTS WORLD CUP DEBUT

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BETBY, the innovative sportsbook supplier, is redefining how chess is experienced in the betting world, launching an innovative suite of markets designed to deepen engagement and bring fresh energy to one of the world’s oldest strategy games.

Marking a new chapter for chess within the iGaming space, BETBY’s upgraded betting content portfolio goes far beyond traditional markets like outright winner or total moves. Bettors can now engage with detailed, event-specific outcomes including the first move made, the first piece captured, number of checks, castlings, and whether a game will feature a pawn promotion, an en passant, or end in stalemate. Several markets also focus on the timing of critical moments, such as whether a checkmate will occur before a certain move, offering more dynamic, real-time decision-making for players.

This launch follows six months of dedicated product development across BETBY’s chess vertical and reflects the company’s long-term vision for the game as a core part of its sportsbook strategy. With chess now officially included in the Esports World Cup, the timing marks a natural convergence of two verticals where BETBY continues to strengthen its position: esports and traditional chess.

As part of this expansion, BETBY is also introducing another exclusive: live betting on the Top Chess Engine Championship (TCEC), a prestigious AI-based tournament. While the event follows a defined schedule, it opens up a new betting experience through intense matchups between powerful engines, enriching the overall chess offering.

Currently, BETBY offers pre-match coverage for around 20 chess tournaments per month, totaling approximately 400 matches. The addition of these expanded markets marks a strategic leap forward in delivering a modern, high-engagement chess product to sportsbook partners and players.

“Chess has always been a passion of ours, and today we’re proud to announce the launch of a truly comprehensive chess offering,” said Kirill Nekrasov, Head of Sportsbook Product at BETBY. “By expanding our market depth and introducing innovative tournaments, including both traditional and AI-driven formats, we’re giving our partners and players a completely new way to engage with the game. Our vision is ambitious: we want chess and betting to become synonymous, to the point where no modern sportsbook feels complete without chess markets. We’ve already done this with Betby.Games and esports, now it’s time to do the same with chess.”

BETBY’s long-term global brand ambassador, five-time world chess champion Magnus Carlsen, will represent Team Liquid at the Esports World Cup. His participation in the tournament, which begins on July 7th, reinforces chess’s growing presence in global esports and its potential as a premium betting vertical.

The post BETBY REDEFINES CHESS BETTING WITH EXPANDED MARKET OFFERING AHEAD OF ESPORTS WORLD CUP DEBUT appeared first on European Gaming Industry News.

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