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QTech announces global ambitions for 2019

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Fast-moving, Asia-focused distributor appoints Markus Nasholm to expand global footprint

QTech Games, Asia’s fastest-growing games distributor, has appointed Markus Nasholm to the new role of Global CEO, as it seeks to extend its presence and influence across the industry.

Nasholm has recently arrived at QTech Games after successful stints at Bet24 (part of the Kindred Group) and the casino and sports affiliate, Catena Media. There, he routinely proved himself across a suite of senior roles, having taken the reins as Chief Financial Officer in 2016. Showcasing a series of core capacities, from managing finance projects (featuring an IPO / listing on Nasdaq Stockholm Mid-Cap market) to broader international finance planning, Nasholm quickly established himself as a rising star of igaming.

Equally adept in the key domains of Corporate Development and M&A, this Chartered Accountant and MBA is well-equipped to oversee a brand’s maturation throughout worldwide markets, emerging or established, with a keen eye for global strategy.

Now Nasholm brings all his expertise and 15-plus years of industry experience to bear at one of the world’s leading online gaming platforms, based in the gaming mecca of Manila. Having already secured its status as the number-one aggregator in Asia, QTech Games has tasked Nasholm with replicating those gains across breakout territories, like LatAm and Africa, over the year ahead.

The Board of QTech Games issued a statement saying: “We’re thrilled to have installed Markus at the helm of the QTech team for 2019 and beyond. We’ve always been intent on recruiting only the best personnel on the planet, not just the best games, and this key hire is an embodiment of that mission statement.

“We now have a Global CEO who has proved himself in high-growth gaming arenas, from start-ups to venture-capital vehicles and on to multinational blue-chip companies. This breadth of multi-dimensional experience, allied to his innate team leadership and flair for bottom-line accountability, made Markus the logical choice to wisely steward the expansion of our global footprint into new territories.”

Nasholm himself added: “It’s a hugely exciting time to be taking on this new challenge alongside a few of the brightest minds in the industry, coupled to some of the most pioneering technology. After a successful 2018 of double-digit growth, enhancing the speed and performance of all games on its platform, QTech has careered into the industry consciousness with a series of new deals and innovative tools.

“Just take the landmark launch of our new campaign tool in Q4 2018 that will enable operators to run campaigns across the entire QTech portfolio. Such is the collective quality and passion of the team – from our machine-learning software to our targeted departments for Africa and Latin America – the distributional scope is there to facilitate QTech Games’ transition into one of the largest providers of digital entertainment around.”

 

About QTech Games:

QTech Games is the fastest growing game distributor in Asia. Its mission is to find the best online (RNG) games in the world and distribute them to operators in Asia. Mobile games provide the central focus of the company, which is premised on a fully-owned and customised technical platform that affords games providers and operators the fastest, most effortless integration on the market. Through this platform, clients enjoy the best performance and customer support available. QTech Games’ goal is to become the largest provider of digital entertainment in Asia by 2021.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: QTech announces global ambitions for 2019

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Mobile Betting Bill Fails to Progress Through New York Assembly

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Senator Joseph Addabbo’s mobile betting bill has failed to progress through the New York Assembly. The legislative session saw S17 fail to progress beyond the Assembly Standing Committee on Codes.

Addabbo tweeted that he saw no clear reason why the state could not implement mobile sports betting in 2019. Failure to do so would see the state miss out on around $75m in revenue, funding for education, and both job creation and retention.

“NY will be stuck like a disabled car on the shoulder, while we allow an illegal sports betting business in our state thrive and idly watch other neighboring states pass us up with enormous revenue gains from mobile sports betting,” Addabbo said.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Mobile Betting Bill Fails to Progress Through New York Assembly

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Eldorado Resorts to Buy Caesars Entertainment Corp

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Eldorado Resorts Inc., the US based casino operator, has agreed to merge with Caesars Entertainment Corp through a $17.3 billion cash and stock deal.

The deal, which is expected to be announced soon, values Caesars at close to $13 a share. The combined company’s ownership would be split roughly between Eldorado and Caesars shareholders.

An Eldorado spokesman said the company did not comment on rumours or speculation. Caesars did not immediately respond to requests for comment.

The combination of the two companies would create a serious competitor to larger casino industry players, such as Las Vegas Sands Corp, Wynn Resorts Ltd and MGM Resorts International.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Eldorado Resorts to Buy Caesars Entertainment Corp

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Nagasaki Governor Reaffirms His Support for Sasebo IR Bid

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Nagasaki Governor Hodo Nakamura has reaffirmed his support for the Sasebo IR bid and urged the national government not to delay too much in issuing its IR regulations and establishing the national regulatory framework.

While Sasebo’s bid is not linked to a specific timeline, the local government does wish to move forward quickly, especially now that other competing bids could emerge from the Kyushu region.

In related news, Nagasaki IR Business Connect Seminar is going to be held with the participation of international operators and investment groups.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Nagasaki Governor Reaffirms His Support for Sasebo IR Bid

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