Industry News
Inspired Entertainment Appoints Suki Sandhu as its New Director of iGaming Product Development
Inspired Entertainment has appointed Suki Sandhu as its new Director of iGaming Product Development, effective immediately. His responsibilities include the innovation, delivery, and growth of Inspired’s iGaming product lines: the Virtual Plug & Play online and mobile solution, Interactive games (Slots & Casino) and iLottery.
Suki is a digital product executive with 20 years of experience in building product-driven organisations and taking digital products through the various stages of ideation, launch and growth. Before entering the iGaming industry, he spent eight years working for online service provider AOL and Yell, the UK’s leading online business directory, where he was the product lead responsible for the launch of AOL Search UK, Netscape UK Online and the award-winning Yell B2B direct marketing e-commerce site.
In 2005, Suki joined PartyGaming (now part of Entain), where he was responsible for the design and delivery of the core e-gaming platform, focusing on acquisition, conversion, and retention of players. He moved to IGT in 2010 as the Vice President of Interactive Product, tasked with growing the online and mobile potential of the land-based casino supplier. At IGT, Suki launched content into a number of globally regulated iGaming markets and into the social media market with DoubleDown Casino.
Between 2013 and 2016, Suki was a partner with Digital Works Group, where he ran Product Management and Monetisation interim consultancy projects for start-ups including Zeptolab, GameSparks, and Bash Gaming, and for Experian, where he helped launch Experian CreditMatcher online. He was Head of Games for Gamesys (Roxor Gaming), where he ran the game studios and gaming platform, and most recently spent a short but very productive period with BetBull, where he helped with the re-launch of WynnBet for the start of NFL in 2021.
“Suki is an innovative and results-driven product expert who offers a strong balance among commercial, operational and technical capabilities. His leadership and proven track record in defining and launching industry-leading B2B and B2C interactive solutions for diverse organizations are exactly what we need to take our iGaming business to the next level,” Brooks Pierce, President and Chief Operating Officer at Inspired Entertainment, said.
Industry News
Vbet Wins Best Online Casino Operator 2024 at SiGMA Europe 2024
Vbet has been crowned the Best Online Casino Operator 2024 at the highly coveted SiGMA Europe event, cementing its position as a leader in the online gaming industry.
This achievement highlights Vbet’s commitment to providing an exceptional user experience by combining cutting-edge technology with a vast range of options and a secure process. The dedication to creating a responsible, enjoyable environment for players was recognised with this award, making this accolade even more significant. As Vbet continue to expand into new markets, the list of strategic partnerships grows alongside our constant drive to expand its offering. This award serves as a stepping stone on its path to reach more players and set new standards in the industry.
Arman Khachatryan, VBET’s Managing Director, said: “We are incredibly proud to receive the Best Online Casino Operator award at SiGMA Europe 2024. This recognition is a testament to the hard work, passion, and effort of our entire team. Our mission has always been to deliver the highest quality experience in the safest environment possible to our users. This award not only recognizes our dedication to this mission but also motivates us to continue expanding into new markets and territories.”
The post Vbet Wins Best Online Casino Operator 2024 at SiGMA Europe 2024 appeared first on European Gaming Industry News.
Industry News
FDJ Announces its First Bond Issue
La Française des Jeux (FDJ), one of Europe’s leading betting and gaming operators, will meet investors over the next days with a view to launching its first bond issue, subject to market conditions.
FDJ recall that, on 7 November, Moody’s assigned the Group a long-term credit rating of Baa1 – stable outlook.
With a total value of €1.5 billion, in 3 tranches with maturity of 6, 9 and 12 years, the bond issue would be used to refinance most of the €2 billion bridging loan, drawn on 7 October to finance the acquisition of Kindred shares for nearly €2.5 billion. The bonds will be listed on the Euronext regulated market in Paris.
Furthermore, FDJ is finalising a €400 million syndicated loan with top-tier French and international banks, which will be repaid over 5 years. This financing is also intended to repay the bridging loan which will be settled with Group’s cash.
The post FDJ Announces its First Bond Issue appeared first on European Gaming Industry News.
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CT Interactive Shortlisted in Two Categories at BEGE Awards 2024
CT Interactive has announced that it was shortlisted in two categories for the upcoming prestigious BEGE Awards 2024. The company has been recognised for its exceptional contributions to the online gaming industry by being among the finalists for Online Game of the Year for the innovative and engaging game Doctor Winstein Buy Bonus and Online Provider of the Year.
The BEGE Awards, which celebrate excellence and innovation in the gaming and entertainment industry, will be held on November 27, 2024, at the Club Black & White in the Grand Hotel Millennium, Sofia.
This year’s nominations reflect CT Interactive’s dedication to creating top-tier gaming experiences and its continuous efforts to push boundaries in the online gaming world.
“Being recognised in these two categories is a testament to the hard work and creativity of our entire team. We are thrilled to be among the industry’s finest at the BEGE Awards once again,” said Monika Zlateva, CCO at CT Interactive.
The post CT Interactive Shortlisted in Two Categories at BEGE Awards 2024 appeared first on European Gaming Industry News.
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