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Big Fish Games lands new managing director and president
Former Electronic Arts and Zynga executive Jeff Karp is joining Big Fish Games as managing director and president, responsible for leading the Seattle-based casual games company under its second corporate parent in four years.
Big Fish Games founder and former CEO Paul Thelen, who oversaw the sale of the company to Kentucky Derby operator Churchill Downs Inc. for $885 million in 2014, left following Big Fish’s $990 million acquisition by Australia’s Aristocrat Technologies, which was completed in January. Jeff Goldstein, Aristocrat’s chief digital officer and chief strategy officer, was overseeing Big Fish before Karp was brought on board.
Aristocrat is announcing Karp’s appointment as the new Big Fish leader this morning. He will be based in Seattle in his new role.
Karp has more than 15 years of experience in the video games industry. He spent more than 10 years at game giant EA in a variety of positions, most notably as the executive vice president of EA’s Play Label. There, he oversaw recognizable franchises like The Sims and EA Sports.
“I am honored to be working with such a creative and talented group, who are focused on enhancing life through exceptional play,” Karp said in a news release announcing his appointment. “Big Fish is a content-rich company and its employees are passionate about making great games that bring joy and fun to millions of players around the world.”
At Zynga, where he was executive vice president and chief marketing and revenue officer, Karp worked on games like Words With Friends and Draw Something. Karp also had a stint at GSN Games as the executive vice president of social and mobile games.
Most recently, Karp was the CEO of Sports Illustrated Play, which was acquired by Comcast/NBC this year. The digital youth sports platform had 17 million monthly users. Karp left the job in January.
In his new role, the company says Karp will oversee the company’s continued growth and manage its portfolio of games, including Big Fish Casino, Cooking Craze, and Gummy Drop.
“Jeff’s expertise in growing games into global entertainment franchises is unsurpassed,” said Aristocrat’s Goldstein in a news release. “His proven track record and deep experience in the games industry make him the ideal person to drive Big Fish’s growth strategy, and ensure the business delivers its full potential.”
The market for casino-based online video games was dealt a blow in March, when a federal appeals court ruled that the Big Fish Casino constituted illegal online gambling. The ruling, currently under appeal, also has repercussions for other casino games that use a similar virtual currency system.
Thelen, a former RealNetworks executive, founded Big Fish Games in Seattle in 2002. Big Fish Games in 2017 posted $466 million in net revenue and $80.3 million in adjusted earnings before interest, depreciation, taxes and amortization, according to financial statements from publicly held Churchill Downs. That was down from $486.2 million in revenue and $82.2 million in EBIDTA in 2016.
Big Fish has a regional office in Oakland, Calif., in addition to its Seattle HQ, which is shifting to a new location in the city. A spokesperson says the company currently has 735 employees overall, with 630 of them in Seattle.
Source: geekwire.com
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Goa Introduces an Entirely Online Lottery Platform
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.”
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.
The post Goa Introduces an Entirely Online Lottery Platform appeared first on European Gaming Industry News.
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Catena Media Announces Board Changes
Catena Media’s board of directors announced the appointment of Stephen Taylor-Matthews as non-executive director and the departure of Øystein Engebretsen from the board of directors.
Based in London, Stephen Taylor-Matthews is a tech entrepreneur, executive advisor and investor with over two decades of experience in online gaming, sports betting and data analytics.
He is the founder of Polynate, an AI-first company delivering next-generation sports engagement solutions, and has worked at Underdog Fantasy, GoatGaming and Betgenius in previous roles.
Stephen Taylor-Matthews commented: “Catena Media is in a transformation phase and I’m excited to be joining the board at this juncture and to contributing my industry expertise and insight.”
The appointment coincides with the departure from the board of Øystein Engebretsen, who has served as non-executive director since September 2018.
Erik Flinck, Chairman of the Board of Directors, said: “Øystein has made a valuable and important contribution to Catena Media for more than six years. I warmly thank him for his efforts and wish him well in his current and future ventures. At the same time, I am delighted to welcome Stephen Taylor-Matthews to the board. His experience and expertise will be a valuable asset for Catena Media as we move forward.”
Stephen Taylor-Matthews’ appointment will become effective once all necessary filings are made with the Malta Business Registry, and his term will run up until the end of the next annual general meeting, in accordance with the Maltese Companies Act and Catena Media’s articles of association.
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Endorphina Partners with R. Franco Digital to Expand Reach
The leading online slot games provider, Endorphina, has announced a brand-new partnership with R. Franco Digital, a renowned manufacturer of AWP machines. This collaboration allows Endorphina to expand its reach in the Spanish and Latin American markets.
Endorphina is one of the top iGaming software providers for the B2B market, developing online slots that cater to a wide range of slot enthusiasts. Over the years, the provider has established itself as one of the most innovative slot suppliers in the industry, dedicated to expanding its products to players worldwide.
Zdenek Llosa, Senior Partnership Manager at Endorphina, said: “We are genuinely excited to join forces with R. Franco Digital, a trusted name with a rich legacy in the Spanish and Latin American gaming world. Partnering with a platform that shares our passion for quality and player satisfaction is truly inspiring. Together with the R. Franco team, we look forward to creating memorable, fun experiences that bring joy and excitement to our shared communities across Spain and LATAM. This collaboration feels like the beginning of something truly special.”
Franco Digital, a subsidiary of the Recreativos Franco Group, has been known for providing its customers with the best turnkey solutions for over 50 years. As a pioneering manufacturer of AWP machines, R. Franco Digital is founded on an innovative company culture that uses the best methodologies and technologies available, working with talented and disruptive people to deliver the best solutions.
“At R. Franco Digital, we are always striving to enhance our platform with innovative, top-quality content that resonates with our audiences, particularly in Spain and Latin America. Partnering with Endorphina allows us to bring a fresh, engaging catalog of games to our players, combining our platform’s power with Endorphina’s creativity and expertise. This collaboration underscores our commitment to delivering premium gaming experiences tailored for Spanish-speaking markets,” said Javier Sacristán, International Business Director of R. Franco Digital.
The post Endorphina Partners with R. Franco Digital to Expand Reach appeared first on European Gaming Industry News.
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