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Paysafe Expands its Board with the Appointment of Mark Brooker as Non-Executive Director

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Paysafe (NYSE: PSFE), a leading specialized payments platform, today announced it has appointed seasoned executive, Mark Brooker, as an independent non-executive board director effective July 22.  Brooker joins as an additional member of the board, which is led by chairman Bill Foley, and also includes executive director and Paysafe CEO, Philip McHugh.

Brooker brings extensive and highly relevant executive experience to the team.  He was previously chief operating officer for Trainline, Europe’s largest independent retailer of rail and coach tickets.  Before Trainline, he was chief operating officer of Betfair Group PLC, a leading online gambling operator and now part of Flutter Entertainment.  In his earlier career, he spent 17 years in investment banking working for the likes of Morgan Stanley, Merrill Lynch, NatWest and NM Rothschild & Sons.

Brooker also brings a diverse range of non-executive board director experience and currently sits on the boards of Findmypast, a leader in online genealogy, where he is chairman; Future PLC, a global platform for specialist media and member of the FTSE250; Equiniti Group, a leading provider of share registration, pension administration and other technology enabled business outsourcing; and Seedrs, a digital fund-raising platform for early-stage businesses. He also recently served as a non-executive director of William Hill PLC, one of the largest gambling operators in the UK, before its acquisition by Caesars Entertainment in April this year.

Brooker holds a master’s degree in Engineering, Economics and Management from Oxford University in the UK.

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“Mark brings a wealth of highly applicable and complementary experience to further strengthen our board that we believe will be invaluable as we continue our growth as a newly public company and specialized payments leader,” said Philip McHugh, CEO of Paysafe. “We’re particularly excited to benefit from Mark’s unique input and perspectives with regards to iGaming – an industry we are intensely focused on as the U.S. market ramps up.”

Mark Brooker added: “I am thrilled to be joining the Paysafe Board at such an exciting time and I look forward to helping the company with its ambitions to both grow and innovate in specialized digital payments in iGaming as well as other industries. My goal is to continue to help Paysafe add value to shareholders and stakeholders alike.”

With Brooker’s appointment, the Paysafe board is now comprised of 12 directors, bringing decades of industry experience across payments, banking, technology, iGaming, entertainment, legal & regulatory affairs, capital markets and M&A.  Click here for full details of the Paysafe Board.

Eloy Fernandez

Endorphina Enters into Partnership with Luckia

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Endorphina has entered into a partnership with Luckia, a leading company in the gaming sector. Combining Endorphina’s passion for slots with Luckia’s innovative spirit, this partnership is set to provide incredible gaming experiences to all iGaming enthusiasts.

Endorphina’s Senior Partnership Manager, Zdenek Llosa, shared his excitement about the partnership: “We are thrilled to join forces with Luckia, a respected and influential operator in Colombia, Spain, Mexico, and Portugal. This partnership is a significant step forward in our global expansion strategy, allowing us to reach new players and markets. We are confident that Luckia’s players will appreciate the quality and diversity of our games, and we look forward to a fruitful and enduring collaboration.”

Luckia is a commercial brand of Luckia Gaming Group that combines offline and online gaming, including traditional businesses such as gaming machines in bars and restaurants and gaming arcades, new online gaming activities, and land-based sports betting. By advancing the current concept surrounding gaming, Luckia aims to provide an extensive entertainment experience, democratizing gaming and making it a social, accessible, and trust-inspiring activity.

Eloy Fernandez, Head of Product at Luckia, said: “We’re thrilled to announce our new partnership with Endorphina, with Mexico being the first market to go live with their creative slot content on Luckia’s platform! Endorphina’s distinctive games will not only enhance our offering but also provide a fresh and engaging experience for our Mexican players. Their unique approach aligns with our mission to elevate entertainment and optimize our services in key markets.”

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Bradley Khoury

eCOGRA Approved to Operate in Arizona, Indiana and Panama

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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.

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“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.”

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Goa Introduces an Entirely Online Lottery Platform

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In a move towards modernising India’s lottery sector, the state of Goa has introduced an entirely online lottery platform, sanctioned by the Directorate of Small Savings and Lotteries. This initiative, known as Great Goa Games, aims to bring transparency and convenience to an industry that has long grappled with allegations of mismanagement and fraud.

Ticket sales commenced Monday, with the inaugural draw set for Sunday. Rhiti Group, led by founder Arun Pandey, was granted the license to operate and market the platform. “Our mission is to democratize opportunities through technology,” Pandey stated, emphasizing the secure and user-friendly nature of the app-based system.

Goa government official Narayan Gad lauded the move as a step forward for the Indian lottery sector. “With our online lottery streamlining processes through technology, we are setting a new standard in the lottery industry,” Gad remarked. “The technology-based product will enhance transparency and ensure improved monitoring and regulation of operations.”

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This development follows new rules governing online lotteries, introduced by the Goa directorate in February 2023. Currently, 13 states in India, including Goa, allow lottery games, though others have banned them due to concerns over gambling addiction and operational irregularities.

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