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Globex Appoints New Chief Strategy Officer

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11-2 Globex Appoints New Chief Strategy OfficerReading Time: 2 minutes

 

GlobexUS Holdings Corp., parent of Horizon Globex US, LLC, is pleased to announce the appointment of tech industry veteran Mitch Edwards as its Chief Strategy Officer.  Globex is a leading blockchain-based securities technology, compliance and trading company that has developed proprietary blockchain software for use in U.S. and international capital markets.  Its innovative products automate the issuance of smart securities (aka “security tokens”), compliance with complex regulatory and custody requirements, and trading and liquidity on a blockchain securities exchange.

As the tokenization of assets increases in frequency and amount on a global scale, Globex is positioned to become the leading suite of software with appropriate regulatory licenses for compliant issuance, custody and trading of smart securities.  The Company’s product suite includes:

·         Tokenetics, a Software-as-a-Service Ethereum ERC-20 digital securities offering “DSO” platform for U.S. and international businesses, fully integrated with KYCware;

·         KYCware, a compliance-focused investor on-boarding KYC and AML app for digital securities offerings, custody and secondary trading, fully integrated with CustodyWare;

·         CustodyWare, a U.S. registered Transfer Agent ERC-20 securities custody technology aligned with SEC Regulation D 506(c) holds, affiliate trading as well as a complete dividend/profit-share paying-agent facility.

Mitch will be responsible for supporting and implementing Globex’s overall global growth strategy and will lead various phases of the business including general corporate and business development, blockchain securities compliance, and expansion of the secondary market for digital securities.

“Mitch has extensive experience in both capital markets and building blockchain businesses, with experience across the blockchain digital securities value chain,” said Brian Collins, Globex CEO. “His experience covers investments in blockchain technologies and exchanges from early stage through project development and operations, to sales and marketing and end users, which will be a hugely important asset to our Company as we continue to pursue our strategic priorities.”

Before joining Globex, Mitch held executive positions at several prominent late-stage private and public blockchain and internet companies.  He is currently CFO of Chia Network, Inc., which is developing a novel blockchain-based digital currency that is eco-friendly and “green,” and he was recently CFO of Core Scientific Inc., a leading blockchain infrastructure company.  Prior to Core, he was acting CEO of Overstock.com and made significant investments in blockchain technologies and exchanges.  At Overstock, he oversaw the registered offering of Overstock’s preferred blockchain securities, as well as development of the tZERO digital securities exchange.  Previously, Mitch was CFO & General Counsel for Razer Inc. and Skullcandy Inc., responsible for their IPO’s, and was also CFO & General Counsel for BitTorrent, Inc., a dominant distributed computing internet software company with a global presence.

Prior to his service as CEO & CFO of hi-tech and internet companies, Mitch was a partner at Brobeck, Phleger & Harrison in Los Angeles and San Francisco, where he specialized in IPOs, venture capital, M&A and international business transactions.  He started his career at Shearman & Sterling in New York and San Francisco.  Mitch holds a J.D. from Stanford Law School and received a B.A./M.A. in Jurisprudence and International Business Law from Oxford University, where he was a Marshall Scholar.  Mitch also holds a B.A. in economics from Brigham Young University, where he was Valedictorian.  He has also worked at the White House, and in the United States Supreme Court.

About Horizon Globex US, LLC:

Globex is a blockchain software business specialized in the Regulation D and Regulation S compliant tokenization of assets. Globex offers a complete securities primary issuance solution using Tokenetics.com, investor KYC/AML using KYCware.com, U.S. transfer agent custody using CustodyWare.com and compliant secondary trading on ERC-20 blockchain exchanges.


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: Globex Appoints New Chief Strategy Officer

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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New Jersey Governor Signs Bill which Allow Golden Nugget to Take NBA Bets

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9-10 New Jersey Governor Signs Bill which Allow Golden Nugget to Take NBA BetsReading Time: 1 minute

 

New Jersey Governor Phil Murphy has signed a bill which allows the Atlantic City’s Golden Nugget casino to accept bets on most National Basketball Association (NBA) games.

Tilman Fertitta, a billionaire from Texas, is the owner Golden Nugget casino. He also owns the NBA’s Houston Rockets team. When New Jersey lawmakers legalised sports betting last year, a provision in the law banned team owners from placing or accepting bets on any games involving their sport.

“We’re grateful, and appreciative that people eventually realized this was an overreaction. It allows us to compete,” Steve Scheinthal, general counsel for the Golden Nugget’s parent company, Houston-based Landry’s Inc., said.

The ban on all NBA bets cut badly into the Golden Nugget’s New Jersey sports betting business. A gambler wanting to place bets on football at the Golden Nugget had to go somewhere else to bet on basketball, making it much less likely he or she would visit the Golden Nugget at all for sports betting.

“It was like going into a boxing ring with one arm tied behind your back. You just can’t compete that way. It gave everyone a year’s head start on us,” Scheinthal said.

 


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: New Jersey Governor Signs Bill which Allow Golden Nugget to Take NBA Bets

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ESA Expresses Discontent with Recommendation of the UK’s DCMS to Regulate Loot Boxes Under Gambling Act

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8-12 ESA Expresses Discontent with Recommendation of the UK’s DCMS to Regulate Loot Boxes Under Gambling ActReading Time: 1 minute

 

Entertainment Software Association (ESA) has expressed discontent with the recommendation of the UK’s Department of Digital, Culture, Media and Sport to regulate loot boxes under the Gambling laws.

Following an investigation on loot boxes, the UK Department for Digital, Culture, Media and Sport’s (DCMS) parliamentary committee termed loot boxes as gambling and called for immediate measures to protect the children by regulating them under gambling laws.

In a statement, the ESA said that they take seriously the issues raised in the UK Parliament’s Digital, Culture, Media and Sport Committee report but strongly disagree with its findings.

“As demonstrated by the recent announcement of policies regarding the disclosure of the relative rarity or probability of obtaining virtual items in paid loot boxes, as well as the robust parental controls that empower parents to control in-game purchases, the video game industry is a leader in partnering with parents and players to create enjoyable video game experiences.”


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: ESA Expresses Discontent with Recommendation of the UK’s DCMS to Regulate Loot Boxes Under Gambling Act

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Kentucky AG Andy Beshear Reveals Plan for Casinos, Sports Betting Across State

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7-9 Kentucky AG Andy Beshear Reveals Plan for Casinos, Sports Betting Across StateReading Time: 1 minute

 

Andy Beshear, the Democratic candidate of Kentucky gubernatorial election, has unveiled his plan to expand gaming and bring casinos, sports betting, fantasy sports and potentially online poker into the Bluegrass State.

Beshear, the state’s current Attorney General, faces Republican incumbent Gov. Matt Bevin in the November general election. Bevin has spoken out against gaming, especially as an option to increase funding for public pensions.

Beshear’s plan resembles what Illinois officials pushed through in their state earlier this year. While Illinois already had casino gaming, the new law expands the number of casino licenses available and allows sports betting across the state. Illinois plans to use the revenue stream to shore up the state’s infrastructure and fund pensions.

Kentucky is one of the 10 states in the US without a commercial or tribal casino. The border states of Kentucky such as Illinois, Indiana, and Ohio have casinos or racinos located just across the Ohio River near major population centres in Kentucky. Beshear said that the state loses out on $500 million in tax revenue annually to its neighbouring states.


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: Kentucky AG Andy Beshear Reveals Plan for Casinos, Sports Betting Across State

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