iGaming Industry
Exclusive Interview with Thomas Willomitzer, CEO of Snapscreen
Our colleague, Szaló Réka managed to interview Thomas Willomitzer, Founder and CEO at Snapscreen.com, Co-founder of Last.fm.
Thomas Willomitzer has served as CTO at Jumio for the last 4 years. He lived and worked next to his hometown Vienna, in London, Zurich, Munich and Silicon Valley. He developed software for algorithmic trading in investment banks such as UBS, UniCredit, Credit Suisse and others.
When working in startups Thomas always played a key role in business development and product development and gained extensive experience in those areas.
His contacts from the past 20 years of startup activity help Snapscreen almost daily.
What is Snapscreen?
Snapscreen offers the future of Betting with 1 second to live bets.
Take a Snap and in a flash the Snapscreen magic recognizes the game and takes you to the latest odds. Activate your users in the moment by delivering the latest betting odds for the game they are watching, in 1 second.
One tap on the smartphone or tablet and the bet is set. Increase the momentum by offering a simple and fast way for your customers to spontaneously complete a bet.
If you would like to hear more insights about the product and how it will revolutionize the way we bet, make sure your register and attend CEEGC Budapest, held between between 19-20 September, 2017 in Budapest. More details on the official website: www.ceegc.eu
Thank you for being available and accepting this interview. First of all will you please introduce yourself and the company you represent?
Willomitzer: I am Thomas Willomitzer, and I am the CEO of Snapscreen. Previously I was the CTO of Jumio and the co-founder of Last.FM.
Snapscreen turns the camera of a smartphone into a marketing activation tool. For the sports affiliate-, odds comparison- and betting apps and websites, it is possible to take people to a betting opportunity in an instant.
Snapscreen is more and more popular and it has a lot of potential in the industry. What is the idea behind Snapscreen and how did it become so popular?
Willomitzer: The idea is to turn the passive medium that is TV into a full engagement tool that can be measured and optimized just like a social media campaign. The popularity is down in part to the tech itself and the blood sweat and tears of the sales and marketing team. These guys push Snapscreen at every event, in every platform and are doing such great work. So proud to have everyone pushing forward to make Snapscreen a household name.
What can you tell us about the technology of Snapscreen and how can the company overcome the challenges of renewing technology nowadays?
Willomitzer: I came up with the idea for the technology during my times as Jumio CTO. Many founders get the idea for new ventures while working in a venture actually. The technology is pretty tough to get right – not only the purely technical aspects like computer vision and artificial intelligence that is used inside Snapscreen but also the data management, real time matching and auto scaling will test any tech team!
As with the renewal/refreshing of technology – this is probably what pulls in startups in the first place – the new and fresh idea. The challenge is to keep this spirit alive and stay cannibalistic to your own revenue streams even if they don’t immediately suggest a need for change. Best to catch the change before it’s immediate!
What are the future plans of the company especially those concerning the World Cup in 2018?
Willomitzer: Chatbots and making almost all sport TV events and continuable and accessible in social media and sports related apps for affiliate, odds comparison and betting!
What are the new technology tools you have introduced recently or you want to launch for the World Cup? Can you reveal some innovation you will make just for this great event?
Willomitzer: The chatbots were made for the world cup. We hope to introduce them into a lot of odds comparison bots and websites. We launch them well ahead of the world cup as I personally don’t like “big bang” launches were pressure and tension is high.
What do you consider the most successful experience in the history of Snapscreen?
Willomitzer: Though there already have been many, and the future is bound to hold many more, it is really the very first time a live TV show was recognized. Months of programming, testing, etc and it all comes down to one moment. It was our Moon landing. Everybody was pretty excited … now we are continuously improving precision and user experience …
I would be very interested –and I think our readers as well- to know more about the people who are behind the curtains, who created and have maintained this innovative, very successful and revolutionary service. Will you please tell us more about them?
Willomitzer: We have a very international team that, the development team have been working in the TV image recognition tech space for a number of years. The sales, marketing and business development is made up of 2 Americans and an Italian/Austrian guy, all with multiple years in their field. Feel free to checkout our Team page on the website at https://www.snapscreen.com/about-snapscreen. As usual there are many more that remain unnamed …
You must have received a lot of feedback, comments and opinions. Do these help in your work and which one do you consider the most important and why?
Willomitzer: The biggest issue for a startup is product market fit, without feedback it is very difficult to achieve. There is, however, a point that you need to take a leap of faith and really push to test a market/niche. The most important feedback that we can get is from an internal champion either in an industry or inside the company of a potential customer as they have knowledge of needs that we might not have.
What is your personal opinion about gambling industry in general in Europe?
Willomitzer: It is a very active landscape that is really looking for innovative startups to help them open up the market to the millennials. Remember what I mentioned above about being cannibalistic – I hope the industry will act before the alarms bells are ringing and lights are flashing red!
Who is your favorite actor or actress?
Willomitzer: Haha there are so many incredibly talented people … has to be Harrison Ford in Star Wars in the freezing scene “I love you” – “I know”
Where would you travel the most in Central Europe?
Willomitzer: Italy and France these days
Which are those places in Central Europe that you are not interested in and you would not like to visit them?
Willomitzer: Every place is worth seeing – such a place doesn’t exist for me😉
…
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Source: EEGaming.
Alejandro Navarro
Betski Secures $345,000 in Pre-Seed Funding for First-ever Tokenized Casino Ownership Platform
Betski is set to launch its online casino ownership platform in Q1 of 2025, enabling users to earn casino profits through digital tokens. The system will allow anyone to receive a share of casino earnings without managing casino operations, marking a new chapter in the multi-billion-dollar iGaming industry. Supported by a $345,000 pre-seed funding round, the platform aims to democratize access to casino earnings and reshape the multi-billion-dollar gaming industry.
Opening Casino Ownership to Everyone
The platform’s tokenization system reshapes traditional casino business rules through an automatic profit-sharing program. Token holders receive a percentage of every bet placed on the platform.
This system eliminates steep entry costs, such as operational expenses, licensing fees, and administrative management. Users can start earning returns without previous casino experience or large capital investments.
“A small group have exclusively enjoyed casino industry profits until now. Our platform opens these earnings to everyone through our tokenized profit-sharing system, turning users into online casino owners,” said Alejandro Navarro, founder and CEO of Betski.
Direct Profit-Sharing Through Tokens
Through a verified digital system, the ownership program distributes Gross Gaming Revenue (GGR) among token holders. Investors have recognized this potential, contributing $345,000 in pre-seed funding that combines gaming entertainment with digital asset ownership. The platform maintains strict security protocols and automated distribution systems for reliable profit sharing.
“The platform distributes real money to token holders from every bet placed by players. This creates a steady income stream for online casino owners – something the traditional casino structure has never offered,” said Navarro.
Global Growth of Online Casino Ownership
The platform has attracted 2400 active Discord members and over 20,000 followers on X (formerly Twitter). These early adopters are expected to participate in test runs of the profit-sharing system once it goes live. Over the next 24 months, the platform will roll out first in Latin America, followed by expansion into European and select Asian markets.
Betski offers casino games, live casino experiences, eSports betting, global lotteries, fantasy sports, and traditional sportsbooks. This variety creates multiple revenue streams for online casino owners. Players can access all gaming options through a single interface, which streamlines the betting experience and maximizes potential returns for token holders.
The team has partnered with major payment processors and marketing agencies to support the platform’s global expansion. These collaborations will facilitate smooth transactions and user acquisition across different regions. The platform meets all regulatory requirements in its target markets, certifying long-term stability for token holders.
New Opportunities for Investment
Following the successful pre-seed round, Betski is now opening its seed funding round to welcome additional participants into its casino ownership platform. This investment opportunity enables individuals and entities to join the platform’s growth journey ahead of its official launch in Q1 2025.
eCOGRA, a leading international authority in Testing, Inspection and Certification services for the iGaming industry, has secured new regulatory approvals across three key jurisdictions: Arizona, Indiana and Panama. With these developments, eCOGRA strengthens its position in the U.S. and Latin American markets, offering excellence in compliance through their Quality, Speed, and Service promise.
This strategic expansion allows eCOGRA to conduct independent compliance audits and certification services in each region, addressing the growing demand for rigorous regulatory oversight in the fast-evolving global iGaming industry.
Securing approval in Arizona, where eCOGRA has now been licensed as an Event Wagering Ancillary Supplier, enables the International Testing Laboratory (ITL) to audit event wagering licensees in line with Arizona’s expanding regulatory landscape. Indiana, which introduced online sports betting in September 2019, has authorised eCOGRA to perform regulatory compliance audits, providing licensed operators with crucial assurance in meeting the state’s high standards.
In Panama, the Board of Gaming Control officially recognised eCOGRA as an Authorised Entity for Compliance Certification, specifically for slot machines and gaming software. This endorsement reinforces eCOGRA’s role as a trusted partner for operators seeking to meet stringent regulatory requirements in Latin America’s emerging iGaming sector.
“Our recent approvals in Indiana, Arizona, and Panama underline our dedication to continually expand our offering, to support our growing portfolio of clients with their global growth plans. We are committed to ensuring that we bring the same quality, speed and service that marks us out to both our clients and regulators in these dynamic markets,” said Will Shuckburgh, Group CEO of eCOGRA.
Bradley Khoury, Chief Technology Officer at eCOGRA, said: “Securing licensure as an Event Wagering Ancillary Supplier in Arizona and an Authorised Entity in Panama underscores our dedication to supporting responsible and sustainable iGaming operations. We are committed to driving trust and accountability within the industry by providing compliance solutions that uphold the highest standards.”
BetConstruct, a global leader in the iGaming industry, is going to showcase its cutting-edge solutions at the highly anticipated Global Gaming Expo (G2E), taking place from October 7-10.
As the premier event for the global gaming industry, G2E serves as a hub for innovation, driving growth by bringing together industry professionals from around the world to foster business opportunities.
Taking place at The Venetian Expo in Las Vegas, this all-in-one event features both an education program from October 7-10 and an expansive expo hall running from October 8-10.
BetConstruct’s stand is 5230, where the team will showcase an exciting range of products, including the newly launched the Last Battle, a novel loyalty system that is the byproduct of BetConstruct’s commitment to innovation. The company will also demonstrate its comprehensive Sportsbook and Casino Suite, along with DECA, its next-level decentralised casino platform, and Umbrella, an AI-powered risk management solution. These offerings are designed to meet the needs of a diverse range of operators, ensuring seamless and engaging experiences for players across the regulated market.
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