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Boyaa Interactive CEO receives prison sentence for bribery

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Zhang Wei, the chairman and CEO of the China-based gaming company Boyaa Interactive, has been sentenced to a one-year jail terms on bribery charges. This has resulted in the steep fall of the company’s share praises. The company is also scrambling to find a suitable replacement.

Zhang resigned from all positions he held at the company immediately after the verdict.

Zhang went in front of a judge with the Municipal of Intermediate People’s Court in May to answer to charges brought against Boyaa Shenzhen of offering “bribes by entities.” Boyaa received a fine of $364,667 (RMB2,500,000) and Zhang was sentenced to a year in prison, with a suspended sentence of 18 months. Upon being found guilty, Zhang immediately launched his appeal, which was denied last week by China’s Higher People’s Court.

According to a Boyaa announcement from last Friday, Dai Zhikang is set to replace Zhang as the board’s chairman.

Boyaa’s second-quarter earnings fell 34.4 per cent after China launched its crackdown on online gambling applications in April. In a sweep to rid the country’s landscape of gambling, regulators not only banned virtual games, but also determined that poker is no longer a competitive sport.

In its revenue filing for the second quarter, Boyaa said that the decline was due primarily to “the effect of regulatory risk regarding the market rumor of the implementation of the ‘Administrative Measures of Online Chess and Card Games’ by the Chinese government aiming to shut down Texas Hold’em poker games and prohibiting the operation of Texas Hold’em poker games starting from 1 June 2018.”

 

Source: CalvinAyre

Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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GIGABYTE Joins as Powered By Partner for Microsoft Excel World Championship India Qualifier

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GIGABYTE, a global leader in high-performance computing and PC hardware solutions, has joined the Microsoft Excel World Championship (MEWC) India Qualifier as the ‘Powered By’ partner, reinforcing its commitment to supporting emerging formats of competitive excellence and enterprise upskilling through esports.

Organized by Skyesports in collaboration with the Financial Modeling World Cup (FMWC) and backed by the Indian Digital Gaming Society (IDGS), the tournament is open for students and professionals alike. The India Qualifier, supported by GIGABYTE’s advanced systems, will culminate at the Skyesports HQ in Chennai, with the finale being livestreamed nationwide.

The winner of the India Qualifier will receive a fully funded trip to Las Vegas to represent the country at the MEWC 2025 World Finals. In Las Vegas, the player will wear a jersey with a strategic logo positioning for GIGABYTE. The World Finals will be broadcast live on the FMWC YouTube channel along with broadcasts on ESPN, and global media outlets like The Guardian, Wall Street Journal, The New York Times, and more.

As the Powered By partner, GIGABYTE will equip the national finals in Chennai with cutting-edge workstations and performance PCs, enabling precision, speed, and reliability for live problem-solving under pressure. The partnership showcases GIGABYTE’s vision of empowering next-generation professionals with the tools they need for both gaming and productivity.

Commenting on the exciting partnership, Sunil Grewal, Director, GIGABYTE India, said, “At GIGABYTE, we champion performance computing that empowers professionals to solve real-world challenges with speed and precision. Partnering with the Microsoft Excel World Championship reflects our commitment to driving digital excellence and future-ready talent.”

“We’re excited to welcome GIGABYTE as the Powered By partner for this truly one-of-a-kind tournament,” said Shiva Nandy, Founder and CEO of Skyesports. “At Skyesports, our strength lies in building unconventional and disruptive IPs that expand the scope of what esports can be. The Microsoft Excel World Championship India Qualifier does exactly that—challenging traditional definitions of competition while spotlighting logic, speed, and precision. Partnering with GIGABYTE ensures that the championship is backed by the performance and reliability needed for a stage as unique as this.”

This partnership also aligns with broader national goals around digital skill development, as endorsed by the IDGS, which views the MEWC India Qualifier as a catalyst to highlight India’s growing talent pool in data-driven professions.

Registrations for the open online qualifiers are live at excel-esports.com, and business professionals, students, and analytics enthusiasts are encouraged to participate.

The post GIGABYTE Joins as Powered By Partner for Microsoft Excel World Championship India Qualifier appeared first on European Gaming Industry News.

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Fruity Wilds by Galaxsys Delivers Explosive Features and Big Win Potential

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Galaxsys announces the launch of Fruity Wilds, a 5-reel slot that brings a fresh twist to the beloved fruit-themed format.

With Fruity Wilds, Galaxsys adds another title to its growing collection of slot games, further strengthening its portfolio in the highly competitive slots vertical. From the first spin, Fruity Wilds delivers fast-paced gameplay designed to keep players entertained. Set on a 5-reel grid, the game sparks with color, energy, and action. From wild reels and cascading wins to increasing multipliers and free spins, every round feels fresh and full of possibilities.

What makes Fruity Wilds truly stand out is its explosive features and high win potential. Players can spin manually or with Auto Bet feature, while Turbo Mode adds an extra dose of speed and adrenaline. Bonus spins, customizable bonuses for operators, and jackpot multipliers up to x500 keep the excitement high and the rewards juicy.

Hayk Sargsyan, Chief Executive Officer at Galaxsys, commented: “We wanted to create a game that’s both familiar and new — something that brings back the charm of classic fruit slots but improves the experience with modern features. From cascading wins and multipliers to free spins and big jackpots, Fruity Wilds was built to keep players entertained from start to finish. It’s fast, colorful, and rewarding, which is a great example of the player-focused innovation we’re continuing to bring to our slot portfolio.”

Fruity Wilds joins the fast-growing portfolio of Galaxsys’ slot games, further strengthening the studio’s reputation for delivering innovative, player-focused titles that combine classic themes with modern gameplay features.

The game is now live and available for Galaxsys’ global network of partners.

The post Fruity Wilds by Galaxsys Delivers Explosive Features and Big Win Potential appeared first on European Gaming Industry News.

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GR8 Tech Named “Most Loved Workspace” – and It’s All Because of the People

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GR8 Tech has been officially certified as a Most Loved Workplace by the Best Practice Institute (BPI). The recognition highlights the company’s deep-rooted commitment to fostering a culture of trust, growth, and inclusion across its global teams. Additionally, GR8 Tech was recognised in Newsweek’s Top 100 Global Most Loved Workplaces 2025 list.

The certification is awarded to organizations where employees feel respected, empowered, and connected to a shared sense of purpose.

“At GR8 Tech, we build work culture together, every day. Being named a Most Loved Workplace is a reflection of the trust and care we’ve created as a team,” said Tetiana Davydova, Chief Talent Officer at GR8 Tech. “It’s proof that when people feel seen, heard, and valued, they do incredible things.”

What GR8 Culture Feels Like From the Inside

“Great international company with a transparent and professional culture. The work is both challenging and meaningful, with interesting products and real opportunities to grow. The team and the management are collaborative, approachable, and always ready to help. This is a place where you feel valued, empowered, and supported in your professional growth.” Mariam, Project Manager

“I’ve been with the company for only 1.5 months, but I can already say that I appreciate the team, my manager, and the trust with which I am treated in work processes. The training is excellent. There is also good communication within the company, everyone is in their place and understands their responsibilities.” Yaroslav, CRM Specialist

“Being with GR8 Tech since day one, I’ve seen firsthand how we don’t just work together—we grow together. From the very beginning, it’s been a place where everyone feels valued, empowered to share ideas, and genuinely cared for. A place where technology truly meets humanity.” Marina, Payments Support Operator

“To me, GR8 Tech is a place to grow, learn, and succeed—a place where your skills are valued and your potential is nurtured.” Dinara, Casino Content Manager

A Global Team with a People-First Approach

With over 1,000 employees and headquarters in Limassol, Cyprus, GR8 Tech enables its team to work from multiple countries with a flexible hybrid remote model. As a leading player in the B2B iGaming and software industry, the company fosters a culture grounded in openness, direct communication, initiative, and a growth mindset, enabling employees to take bold steps, experiment, and thrive.

The people-first philosophy is reflected in many employee benefits, including professional development programs, mental health support, sports compensation, home office setup, language learning support, and family-focused perks like childcare budgets and flexible parental leave. Multiple internal social events, held throughout the year across different countries, help the team to stay connected, strengthen cross-functional relationships, and celebrate the diverse cultures that make up the GR8 Tech community.

Recognition That Reinforces Purpose

The Most Loved Workplace designation follows a series of recent accolades for GR8 Tech, including Best Workplace 2024 and Best Online Sports Betting Provider in CEE 2025, further validating its position as both an industry leader and an employer of choice.

As GR8 Tech continues to grow its global presence and drive innovation in iGaming, the recognition affirms a central belief: building a great business starts with building a workplace people truly love.

 

GR8 Tech. Platform for Champions

GR8 Tech is an award-winning provider, delivering high-performance sportsbook and iGaming solutions that empower operators to lead and win in competitive markets. Key elements of GR8 Tech’s comprehensive portfolio include the Hyper Turnkey solution, ULTIM8 Sportsbook iFrame,  Infinite Casino Aggregation, and Platform Acceler8 suite, featuring its proprietary affiliate management platform, Aff.Tech.

With a geo-specific approach to solutions, a focus on practical innovations, and an operator-first mindset, GR8 Tech helps its clients achieve measurable results in their target markets quickly and efficiently. Trusted by top operators worldwide, GR8 Tech has over 100 successful cases and earned multiple recognitions, including the title of the Best Sports Betting Provider in CEE by GamingTECH Awards 2025.

The post GR8 Tech Named “Most Loved Workspace” – and It’s All Because of the People appeared first on European Gaming Industry News.

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