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GAN Appoints Karen Flores as Chief Financial Officer, Continues to Progress Toward U.S. Listing

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GAN Appoints Karen Flores as Chief Financial Officer, Continues to Progress Toward U.S. ListingReading Time: 2 minutes

 

GAN plc , an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, announced the appointment of Mrs. Karen Flores as Chief Financial Officer, effective immediately. In this role, Mrs. Flores will be responsible for finance, strategic planning, treasury, tax and accounting and will be based at the Company’s offices in Irvine, CA.

Mrs. Flores brings 20 years of financial management, capital markets and operational experience in both public and private technology companies. Most recently, she served as Vice President of Corporate Financial Planning & Analysis at Alorica, Inc., a provider of customer experience and call center outsourcing solutions, where she rebuilt the corporate financial planning & analysis function and managed the global capital planning process, establishing and leading the committee overseeing over $50 million in annual capital spending.

Prior to this, Mrs. Flores served as Senior Vice President of Finance at Maker Studios Inc., leading the company through a multi-year period of explosive growth with revenues increasing from $2 million to over $200 million. Mrs. Flores’ role at the company included acting as shareholder liaison with key institutional investors and managing its U.S. external audit. She was a primary member of the team that raised more than $70 million in equity funding and sold the company to The Walt Disney Company for $675 million in 2014.

Mrs. Flores has also held financial positions at MySpace Music, Napster, and Microsoft during her career and holds a Bachelor of Science, Finance (Cum Laude) from San Jose State University.

Management Commentary

Dermot Smurfit, CEO of GAN commented:

“We are pleased to welcome Karen to our leadership team as we continue working toward obtaining a U.S. listing as soon as reasonably practical. With two decades of financial management and operational experience at entertainment and technology companies, Karen has managed the Finance function of companies with substantial revenues and gained highly relevant corporate transactional experience. We believe Karen’s experience and skillset will prove invaluable to our financial and strategic planning as our business growth continues to accelerate. The entire leadership team at GAN looks forward to working closely with Karen who will be a critical part in helping us achieve both short- and long-term goals.”

About GAN Plc:
GAN is a leading business-to-business (“B2B”) supplier of internet gambling software-as-a-service solutions (“SaaS”) to the US land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK™, which it licenses principally to land-based US casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming.

GAN is listed on the London Stock Exchange (LSE: GAN).

For more information please visit www.GAN.com.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: GAN Appoints Karen Flores as Chief Financial Officer, Continues to Progress Toward U.S. Listing

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Spinola Gaming to launch Premium Instant Games

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After the successful release of Instant Games in 2019, Spinola Gaming is launching a set of Premium Instant Games designed to bridge the gap between lotteries and online slot games.

These games focus on high quality visuals, and are designed to move land-based lottery players online, opening up this untapped demographic to the world of online casinos.

Seasoned online casino players will find familiarity in Spinola Gaming’s lottery UI, which has been designed similar to traditional online slot games, to attract slot players and convert them into lottery lovers thanks to the high value multi-million jackpots on offer.

Premium Instant Games will give players the opportunity to win jackpots of up to €250 million. All of Spinola Gaming’s jackpots are fully insured, meaning operators can offer huge jackpots to their players, without the associated pay-out risk.

Ade Repcenko, Founder and CEO of Spinola Gaming, commented: “Online casinos are always looking for ways to offer their players the biggest jackpots possible, but positioning lotteries within the current online casino offering has often been perceived a challenge. Our development of these Premium Instant Games coupled with the high-value jackpot payouts we have available, provide a smooth and seamless transition for casino players not yet accustomed to a lottery product.”

As with all Spinola Gaming products, Premium Instant Games will be available in all languages and currencies and are fully manageable and data-tracked through the industry’s most advanced and powerful back-office, Connex.

The Spinola Gaming team will be giving exclusive pre-launch demos of Premium Instant Games at ICE. Book yours by getting in touch on sales@spinolagaming.com.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Spinola Gaming to launch Premium Instant Games

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Pamunkey Tribe Proposes $350M Casino Project

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The Pamunkey Indian Tribe in Virginia has announced its plans to develop a $350 million casino resort in the state’s capital and a separate one in Norfolk.

The Tribe purchased three properties in south Richmond for the development of the casino and a fourth parcel about 5 miles away to create a work-force training centre that could ultimately be converted into a grocery store or health clinic, representatives for the tribe announced.

The proposed resort would include a 275-room hotel tower featuring views of the James River and the downtown skyline containing a spa, fitness centre, pool, “high-end steak and seafood restaurant,” sports bar and 1000-space parking garage, according to a statement from the tribe.

The tribe plans to build a separate casino along the Elizabeth River in Norfolk, according to an agreement signed for the purchase of 13.4 acres from the city.

The Richmond project can move forward regardless because the Pamunkeys are the only tribe in Virginia with federal gaming rights under the Indian Regulatory Gaming Act. But the Norfolk project depends on the General Assembly passing and Gov. Ralph Northam signing legislation that would allow commercial gaming in Virginia.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Pamunkey Tribe Proposes 0M Casino Project

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Paradise Entertainment Appoints Kelcey Allison as SVP of US Operations

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Paradise Entertainment Appoints Kelcey Allison as SVP of US OperationsReading Time: < 1 minute

 

Paradise Entertainment has appointed Kelcey Allison as Senior Vice President of Operations and Business Development for its US subsidiary.

Allison, who most recently served as President and CEO for GSL Gaming Group, will be principally responsible for driving business development on slot machines and electronic table gaming machines and equipment, overseeing and leading sales operations primarily in the North American gaming markets.

“I am delighted to welcome Kelcey to Paradise as his appointment marks the elevation of our customer engagement strategy for the increasing demands for our slot machines and other gaming machines and equipment in the North American gaming markets,” Jay Chun, Chairman and Managing Director of Paradise Entertainment said.

“Kelcey has a proven track record for delivering growth and deep insights into the gaming industry. I am confident that he will add significant value to our existing teams and successfully drive the execution of our Group’s expansion ambitions. We are happy to have a person of his caliber and experience joining Paradise,” Jay Chun added.

“I am very pleased to be offered this unique and challenging career opportunity with Paradise, and I am extremely excited to be working with Paradise’s leadership team in advancing the Company to its next phase of growth,” Allison said.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Paradise Entertainment Appoints Kelcey Allison as SVP of US Operations

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