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Lottery.com Announces Changes to Executive Management Team and Board of Directors

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Lottery.com Inc. announced that United Capital Investments London Ltd. (UCIL) has agreed to enter into a funding agreement with the Company. The terms and conditions of the deal are not disclosed. The Company said it will disclose specific terms and conditions of the deal once both parties have finalized the definitive agreement.

The Company also announced changes to its Board of Directors and executive management aimed at further enhancing corporate governance and strategic leadership, by drawing from deep talent within the world of finance, entertainment, and sport. These changes reflect the Company’s commitment to sustained growth and innovation in the gaming, sport, and entertainment industries.

New Interim CEO

On July 20, 2023, the Board of Directors made the decision to terminate Mark Gustavson from his role as Chief Executive Officer of the Company. In his place, Matthew McGahan, Chairman of the Board of Directors, has been appointed as interim Chief Executive Officer.

McGahan brings a wealth of experience and expertise to the role, having been an integral part of the Company’s turnaround to date. This appointment ensures the continuation of the management of the Company under a safe, talented, and skilled pair of hands.

New CFO

On July 14, 2023, the Board of Directors appointed Robert J. Stubblefield as Chief Financial Officer of the Company, effective immediately. Mr. Stubblefield brings with him extensive financial expertise, having recently served as the chief financial officer of Demeta Inc. and Regnum Corp. His successful tenure as a financial executive in various start-up, early-stage growth, and public companies speaks to his ability to drive the Company’s financial strategy and revenue initiatives.

“Mr. Stubblefield has been a key member of the consulting team that helped the Company regain regulatory compliance with Nasdaq. The Company was extremely fortunate to find someone with his background to step in and assume a leadership role over the last four months, during which he gained significant knowledge about the Company and its operations. His wealth of financial experience and leadership will be invaluable as we begin to execute our growth plans now with the support of our new investment partner, UCIL,” Interim CEO Matthew McGahan said.

“I am eager to join the Lottery.com team at such an important time for the Company. I look forward to leveraging my years of experience to guide the Company in implementing sustainable financial processes and controls. I am grateful to be working alongside an energetic group of leaders to advance the Company’s strategic goals, rebuild our domestic and international revenue engines, and focus the Company’s efforts on delivering maximum shareholder value. It’s an exciting time to join this organization as we prepare to fully realize the revenue-generating power of our two primary assets: lottery.com and sports.com,” said Rob Stubblefield, Lottery.com’s new CFO.

Independent Non-Executive Directors

In line with its ongoing restructuring and commitment to improving compliance, corporate governance, disclosure, and reporting structures, as well as boosting its offerings to customers, Lottery.com announced two new independent non-executive directors to its Board.

Tamer Hassan, renowned actor, entrepreneur, and founder of The Tamer Hassan Academy of Acting, joins the Board as an independent non-executive director.

With an illustrious career in the film and television industry, Mr. Hassan’s entrepreneurial skills have also led him to success in entertainment, sports, leisure, and hospitality ventures. He has a passion for supporting emerging talent in both the UK and Cyprus and has a strong track record in business ventures across various industries.

Mr. Hassan said: “My journey as an actor and entrepreneur, working successfully over many years with some of the biggest household entertainment brands, has given me unique insights into industry, and I look forward to contributing my expertise to the growth and success of Lottery.com.”

The second new non-executive addition to the Board is Paul Jordan, a commercial motorsport specialist with extensive international experience in sponsorship, acquisitions, and communication. With an impressive career spanning over four decades, Mr. Jordan has held senior positions with top Formula One teams and renowned motorsport brands. His ability to foster positive relationships with governing bodies, promoters, and government officials has earned him respect and admiration from peers and former colleagues.

“We are delighted to welcome both Paul and Tamer to our Board. Their vast experience and achievements in the sports and entertainment industries will undoubtedly be an asset to our strategic decision-making process,” Chairman Matthew McGahan said.

These Board changes come as part of Lottery.com’s dedication to maintaining a strong leadership team and ensuring the Company’s continued growth and success in the global gaming market.

Mr. McGahan added: “Lottery.com is committed to maintaining transparency, innovation, and excellence in its operations and governance. With the funding partner announced today and the Board changes in place, the Company is well-positioned to advance its mission and create value for all stakeholders.”

BiS SiGMA Americas 2025

All set for the start of the 2025 edition of BiS SiGMA Americas

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The wait is over! The 2025 edition of BiS SiGMA Americas is already underway and promises to be historic, accompanying a moment of intense transformation and consolidation of the iGaming scene in Brazil.

For this reason, the largest betting event in Latin America is ready to welcome and meet the demands of the national and international community. This year, the organization decided to expand the physical space by 50%, from 20 thousand square meters to 32 thousand square meters distributed in 5 halls of the Transamerica Expo Center, in São Paulo.

In addition to the trade fair and conferences with more than 300 prestigious experts from around the world, BiS SiGMA Americas offers a diverse program, including award ceremonies, exclusive networking dinners, a poker tournament, an electrifying night with MMA fights and a grand closing party.

Expectation of record attendance

In addition to the categories that have always been present at the event, such as Online Betting Operators, Software and Technology Providers, Affiliates and Digital Marketing, Payment Methods and Financial Solutions, this edition draws attention to the presence of new technology companies that add value and provide innovative resources for the industry.

This means that the betting market is evolving, with new branches emerging to strengthen the ecosystem. KYC (Know Your Customer) companies, Consulting and Compliance, Information and Database Management, AdTechs and Digital Advertising Networks are making their presence felt with solutions to ensure security, regulatory compliance and more efficient growth strategies.

Furthermore, the recent regulation of sports betting and online gaming in Brazil represents a milestone for the market. BiS SiGMA Americas therefore serves as a platform for experts, regulators and industry leaders to assess the challenges and opportunities of this time of adaptation, as well as explore global trends that may impact the local industry.

Given this, the event organizers predict that the 2025 edition will reach a record number of attendees and participating brands. The estimate is that more than 18,000 people will pass through the Transamérica Expo Center by Thursday (10).

Event map

In order to facilitate visitors’ movement, the BiS SiGMA Americas organization is providing a map of the event, with all confirmed exhibitors and the location of their respective stands. You can check out the full map HERE.

BiS SiGMA Americas General Schedule

Monday, April 7th

  •         02:00pm – 10:00pm – Early collection of badges at Canvas Bar & Restaurant – Hilton Morumbi
  •         06:00pm – 10:00pm – Welcome Reception at Hilton Morumbi
  •         07:30pm – 10:30pm – iGathering Dinner at Armazem Terrace – Hilton Morumbi
  •         08:00pm – 11:00pm – SiGMA Awards at Tokio Marine Hall

Note: There will be no event at Transamerica Expo Center on this day

Tuesday, April 8th

  •         09:00am – 06:00pm – Exposição: Exhibition: Day 1 at Transamerica Expo Center
  •         09:00am – 06:00pm – Conferences: Day 1 at Transamerica Expo Center
  •         06:00pm – 08:00pm – Networking Cocktail
  •         07:00pm – 11:00pm – BiS Awards at Tokio Marine Hall
  •         07:30pm – 10:30pm – iGathering Dinner at Pobre Juan – Morumbi Shopping Mall
  •         07:30pm – 10:30pm – iGathering dinner at Caulí Lounge Bar

Wednesday, April 9th

  •         10:00am – 06:00pm – Exhibition: Day 2 at Transamerica Expo Center
  •         11:00am – 06:00pm – Conferences: Day 2 at Transamerica Expo Center
  •         06:00pm – 08:00pm – Networking Cocktail
  •      07:00pm – 12:00pm – Centurion MMA fight at VIP Station
  •      07:00pm – 12:00pm – SiGMA Poker Tour Satellite Opens at Monte Carlo Poker Club
  •      07:30pm – 10:30pm – iGathering Dinner at Armazem Terrace – Hilton Morumbi

Thursday, April 10th

  •         11:00am – 06:00pm – Exhibition: Day 3 at Transamerica Expo Center
  •         11:00am – 06:00pm – Conferences: Day 3 at Transamerica Expo Center
  •         06:00pm – 08:00pm – Networking Cocktail
  •        07:30pm – 10:30pm – iGathering dinner at Caulí Lounge Bar
  •        05:00pm – 12:00pm – Main event SPT 1A hosted By Jon VLogs at Monte Carlo Poker Club
  •         10:00pm – 04:00pm – Closing of BiS SiGMA at Tokio Marine Hall

The post All set for the start of the 2025 edition of BiS SiGMA Americas appeared first on Gaming and Gambling Industry in the Americas.

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AGCO

Playnetic granted Ontario supplier license

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Global B2B iGaming content provider secures first Canadian market entry following the successful submission and approval of its gaming-related supplier application

Playnetic, the in-demand global B2B iGaming content provider known for its quality games, reliable delivery and outstanding customer service, has announced the approval of its gaming-related supplier application by the Alcohol and Gaming Commission of Ontario (AGCO).

With the AGCO licensing process being recognised in the industry for its rigorous standards and thorough due diligence, the new certification confirms Playnetic was able to meet the high levels of integrity and regulatory compliance needed to legally distribute its content within the province.

As a result of the approval, Playnetic has now secured its first Canadian market entry and will be able to provide its library of innovative games to licensed operators in the Ontario region – with this starting point paving the way for further expansion into other regulated provinces in future.

Given signs of change emerging within the Canadian market and Alberta making progress toward a regulated online model – likely drawing from Ontario’s framework – this license positions Playnetic strongly to expand its footprint in the country and further solidifies the company’s ambitious growth plans.

In the meantime, Playnetic has already begun making groundwork with key operators in the Ontario region and is looking forward to going live with some exciting brands over the coming months. The company will also be attending SBC’s Canadian Gaming Summit from June 17-19, where both existing and new potential partners alike are welcome to stop by and meet the team.

Dan Phillips, Chief Executive Officer at Playnetic, said: “Acquiring AGCO approval for our gaming-related supplier application is undoubtedly a big step for Playnetic. The new license not only secures our first Canadian market entry, but also reaffirms Playnetic’s position as a trusted provider in iGaming and underlines our commitment to compliance and operational excellence.”

Julian Borg-Barthet, Chief Commercial Officer at Playnetic, said: “We’re very excited to now be in a position to offer our library of innovative gaming content in Ontario, and the groundwork to do that with some of the region’s biggest licensed operators is already underway. Over time, we’re confident this license will also help us expand further into current markets and emerging regulated provinces, such as Alberta.”

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BiS SiGMA Americas

PG Soft Becomes an Official Sponsor of BiS SiGMA Americas 2025

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PG Soft, a world-class digital mobile games company, has reaffirmed its commitment to the dynamic LatAm market by sponsoring the third edition of BiS SiGMA Americas, running from April 7-10 in São Paulo.

Becoming an official sponsor of BiS SiGMA Americas 2025 reinforces the company’s commitment to the region’s burgeoning iGaming industry.

As part of the sponsorship, PG Soft’s brand will be highly visible at the Registration Desk, where a dedicated Welcome Team will be wearing PG Soft t-shirts. Additionally, PG Soft is putting on free travel to and from the Hilton Morumbi and Transamerica Expo Center, with the potential to add further hotels. Six PG Soft branded buses will be available all-day for delegates that will be signposted with customised pick-up boards.

The show is expected to welcome 18,000 iGaming professionals, offering opportunities to connect with industry peers, prestigious gala awards, and more than 300 expert speakers.

PG Soft’s spokesperson said: “BiS SiGMA Americas is a flagship event on the iGaming calendar, and one we’re very happy to support to heighten the experience for visitors. PG Soft’s brand will feature strongly and we’re delighted to improve transport connections during the show.”

The post PG Soft Becomes an Official Sponsor of BiS SiGMA Americas 2025 appeared first on Gaming and Gambling Industry in the Americas.

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