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i3 Interactive Expands International Presence, Acquires Controlling Interest in India-Based Online Poker Operation

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i3 Interactive Expands International Presence, Acquires Controlling Interest in India-Based Online Poker Operation
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i3 Interactive Inc.  is pleased to announce that it has closed the previously announced transaction (the “Transaction”) to acquire a controlling interest in an Indian entity (the “Indian Operating Entity”) which owns an active Indian poker brand (the “Indian Poker Operation”). The completion of the Transaction marks the latest step in the Company’s continued efforts to capitalize on the international growth of poker and create long-term value for its shareholders.

“We are thrilled to have completed this Transaction. With the historical and projected growth of poker in India the Company has strategically positioned itself within a key market in order to deliver strong performance and return on shareholder value. This acquisition is a significant step forward in executing on our strategy to identify and pursue growth in strategic markets. The Indian Poker Operation creates an immediate additional stream of recurring revenues from a loyal customer base in an established international market for the poker business,” said Chris Neville, Chief Executive Officer of the Company.

Indian Poker Operation

As of the date of this press release, the Indian Poker Operation is part of one of the largest poker networks in the world with over a million registrations and 100,000 active users. The Indian Poker Operation operates on an internationally award-winning mobile poker platform with industry leading features such as unparalleled welcome bonuses and VIP programs.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: i3 Interactive Expands International Presence, Acquires Controlling Interest in India-Based Online Poker Operation

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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Swiss Casinos secures ISO 14001 certification

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Land-based and online casino operator meeting the highest environmental standards with plans to further reduce its footprint and impact

Swiss Casinos, the renowned multi-channel casino operator in Switzerland, has secured ISO 14001 certification as part of wider ESG efforts.

ISO 14001 is an internationally recognised standard for Environmental Management Systems and sets out requirements for organisations to meet to systematically improve environmental performance.

The framework it sets out allows companies to identify, control and continuously reduce their impacts on the environment.

By receiving ISO 14001 certification, Swiss Casinos has proved that it meets requirements and standards for its Environmental Policy, Planning, Implementation, Monitoring and Measurement, as well as Corrective Actions and Continuous Improvement.

It’s also a testament to Swiss Casino’s commitment to actively reducing its environmental footprint while complying with all relevant environmental regulations.

By adhering to the ISO 14001 framework, organisations such as Swiss Casinos can benefit from cost savings, an enhanced corporate image and better alignment with customers and stakeholders.

Marcel Tobler, Chief Executive Officer at Swiss Casinos, said: “We are delighted to have received ISO 14001 certification and to meet the standards and requirements set within its framework.

“Our commitment to the environment is a deep as it is authentic, and we have long been working towards reducing our impact on the environment while improving environmental performance.

“The team has done an incredible job of not only meeting the standards set under ISO 14001 but exceeding them, ensuring Swiss Casinos sets the standard for others to follow.

“Of course, our work does not stop here, and we will continue to ensure we are doing all we can to maximise environmental performance and reduce the impact we have on the wonderful world around us.”

Swiss Casinos currently operates four casinos in Zürich, St. Gallen, Pfäffikon and Schaffhausen, although later this year it will replace its Schaffhausen property with a new state-of-the-art casino in Winterthur.

In addition to its retail properties, Swiss Casinos operates the most profitable online casino in the country, swisscasinos.ch.

The post Swiss Casinos secures ISO 14001 certification appeared first on European Gaming Industry News.

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EGBA Presses for Implementation of National Self-Exclusion Measures in Romania

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Maarten Haijer, Secretary General of EGBA, recently spoke with Antena 3, one of Romania’s leading news channels about safer gambling in Romania.

In the interview, Maarten outlined our recommendation that Romania establishes a national self-exclusion register for gambling—a crucial player protection measure already implemented in 17 EU member states. The interview was conducted at a recent event held at the Romanian Parliament organised by the Romanian online gambling association (AOJND).

EGBA’s recommendations for Romania

At that meeting, EGBA underlined its recommendation that Romania introduces a comprehensive gambling self-exclusion framework, and recommended that the system should:

  • Apply to all licensees (land-based and online gambling operators).
  • Be accessible through a user-friendly, GDPR-compliant, government website.
  • Be clearly communicated and made accessible via gambling platforms.
  • Apply in real-time and be fail proof.
  • Have clear minimum and maximum time periods for the self-exclusion duration.
  • Ensure registered players receive information on where to seek support.
  • Require operators to remove self-excluded players from marketing databases.

Establishing a self-exclusion framework based on these European best practices would provide a crucial safety net for Romanian players.

 

Source: EGBA

The post EGBA Presses for Implementation of National Self-Exclusion Measures in Romania appeared first on European Gaming Industry News.

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Relax Gaming appoints Angela van den Berg as General Counsel

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Relax Gaming, the renowned iGaming aggregator and supplier, has bolstered its global leadership team with the appointment of Angela van den Berg as General Counsel.

With 17 years of experience advising iGaming companies, Angela brings with her a wealth of commercial, corporate and intellectual property law expertise and will help drive the Relax Gaming during a significant stage of its development and growth.

Angela’s legal career spans over more than two decades across various international jurisdictions, where she has served as partner in private legal practice and as in-house counsel in the iGaming industry.

In her most recent role as Chief Legal Officer for Games Global, she was instrumental in setting up the global corporate group and she established the group’s legal function and global legal strategy, solidifying her leadership in the industry.

Based in Relax Gaming’s Isle of Man office, Angela will be responsible for leading the legal function and managing the group’s legal affairs. She will work closely with the business to provide strategic advice on all facets of the business operations to support advancing the company’s goals and its growth strategy across global markets.

In addition to her role, Angela is also the Chair of Love Tech, an Isle of Man registered charity which is dedicated to inspiring and mentoring the next generation of women in STEM, aligning with her passion for empowerment in the technology sphere through education and mentorship.

Commenting on the new appointment, Martin Stålros, CEO at Relax Gaming, said: “We are delighted to welcome Angela to Relax Gaming. She brings a wealth of experience and knowledge to the executive team and I look forward to working with her as she reinforces Relax Gaming’s commitment to strong legal responsibility and compliance.”

Angela van den Berg, General Counsel at Relax Gaming, added: “It is an honour to be joining Relax Gaming at this exciting part of the group’s journey. I am looking forward to working with the incredible team at Relax and to support the business as it continues to grow as an acclaimed and esteemed player in the iGaming industry.”

The post Relax Gaming appoints Angela van den Berg as General Counsel appeared first on European Gaming Industry News.

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