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Parimatch intensifies R&D emphasis with three new appointments
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As one of the most visible online betting companies in the world, thanks to its high profile ambassadors like Mike Tyson, Conor McGregor and the Shevchenko sisters, Parimatch’s focus on expansion is evidenced by its ongoing investment in management and Research & Development personnel, claims the company’s Chief HR Officer.
Highlighting the brand’s efforts on strengthening its marketing strategy whilst simultaneously seeking out growth opportunities and boosting product development, the Parimatch team recently enhanced its 2,000 strong staff with three major new additions. Welcoming new Chief Revenue Officer and Chief Product Officer, Evgen Belousov and Sergey Berezhnoy respectively, and promoting Ivan Liashenko to Chief Marketing Officer the company aims to bolster its ranks as a “strong, brave, innovative and fast-growing brand which keeps its word” wherever it works across the globe.
“We cannot get complacent and allow our success to be dictated by market conditions,” explained Tatyana Davydova, Chief HR Officer at Parimatch. “Instead, we must always be looking to the future and relentlessly focusing on innovation. For this reason, we are on the lookout for great talent who can help us achieve our ambitious goals, and aren’t afraid to push boundaries to drive growth. Our recent appointments embody all of these qualities, as well as being experts in their field.”
Parimatch wears its ‘people are at the heart of the organisation’ mantra on its sleeve, a fact which Davydova believes is key to maintaining not only great client relations but helping drive revenue and ensuring continued business growth. “A talented, happy and engaged employee means a happy and engaged customer. As a responsible employer, we take our duty of care towards our people very seriously, and they in turn show the same duty of care to our customers. It means they are more likely to go above and beyond their assigned responsibilities, giving our customers a great experience when they bet with us.”
In terms of the company’s recent posts, the attention given to R&D is clear but from a HR perspective the task of filling a position isn’t simply a job, it’s an art form. “A successful HR strategy means mastering the skill of finding the right talent, for the right job, at the right time, in the right organisation,” said Davydova. “It is also important to help people to be the best that they can be, and allow them to shine. You need to create a space for knowledge-sharing and growth, whether that be personal or professional. At the same time, it is important to be honest with yourself when the person isn’t quite right, learning lessons which can help make a better informed decision in the future. Thankfully for us, Evgen, Sergey and Ivan were a perfect fit!”
As a highly recognisable brand, Parimatch is acutely aware the gaming and betting industries have suffered from some negative comments in certain countries over the years which can result in issues when meeting with prospective employees. For Davydova, it’s not as simple as good industries and bad ones, it’s how a company acts and engages with its own people and the communities it works within that truly sets industry leaders apart. “There are some negative perceptions of the gambling industry out there, and we do sometimes come across this when we are trying to hire people. Parimatch is a responsible business and so it is up to us to try and change this attitude. On a more positive note, we do see a lot of people who are interested in building a career in the betting sector, and see it as a dynamic, growing and exciting industry.”
She concluded: “In light of our ongoing focus on R&D and building up our management team, I believe it’s clear Parimatch takes its company values very seriously. Only recently, a group of managers came together to discuss what Parimatch stands for, an exciting process which is in its early stages but will have a big impact on the business going forward. Watch. This. Space!”
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: Parimatch intensifies R&D emphasis with three new appointments
Former UEFA.com editor Eugene Ravdin has launched a weekly sports column on MightyTips.com, which will offer his thoughts and opinions on the latest developments in global sports.
MightyTips is proud to announce the launch of the weekly column, titled “The Ravdin Report”, from a seasoned sports media expert.
The column will feature weekly insights from the renowned sports journalist Eugene Ravdin, providing readers with his thoughts and views on sports, sports betting, and fantasy sports.
Additionally, publications will cover some of the biggest sports events and highlight prominent athletes across a diverse range of sports.
Eugene Ravdin is an experienced sports expert with decades of experience covering major sporting events.
Before joining MightyTips, he spent 19 years in various roles at UEFA.com, the UEFA official website. Most notably, as the Editor-in-Chief of the Russian-language editorial team.
During his time at one of the most recognisable organisations in association football, Eugene Ravdin covered a plethora of events and competitions from the men’s and women’s UEFA EUROs, through to the UEFA Champions League and UEFA Europa League finals.
Ravdin’s wealth of knowledge and experience has been bolstered over the years thanks to his journalistic avenues, where he has interviewed top-level sportspersons, such as Arsène Wenger and Guus Hiddink.
Eugene Ravdin, Communications and Marketing Manager at MightyTips, said, “I have spent almost all my professional career in the world of sports media, and have always been restricted by a certain topic or angle.
MightyTips offered me an engaging platform to write on with practically no boundaries. This is both challenging and inspiring, and I hope to give our readers a pinch of a personal take on a wide range of sports, competitions, and stars..
The Ravdin Report will provide insightful tips and opinions, which enhance the sports media and betting experience for MightyTips and its readers.
Not only will it cater to the interests of avid sports fans, but keep them updated with the latest news, analysis, and predictions of the sports world.
Users can expect a wide range of content in the new weekly sports column, including insights on football, basketball, boxing, and other sports.
You can check out the column over on MightyTips.com. Be sure to bookmark to get your dose of comprehensive coverage of the sports you love most.
The post Former UEFA.com editor Eugene Ravdin launches weekly sports column on MightyTips.com appeared first on European Gaming Industry News.
PepperMill Casino launches a new exclusive feature: PepperMill Jackpots.
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The post PepperMill Casino launches a new exclusive feature: PepperMill Jackpots. appeared first on European Gaming Industry News.
Codere Online (Nasdaq: CDRO / CDROW, the “Company”), a leading online gaming operator in Spain and Latin America, has released its preliminary unaudited[2] financial results for the quarter ended March 31, 2024.
Aviv Sher, CEO of Codere Online, commented on the results, “We are off to a strong start in 2024, with net gaming revenue of €53 million in the first quarter, 34% above that of last year and once again our highest ever quarterly figure. Our focus on Mexico and Spain continues to yield impressive results, with net gaming revenue in Mexico growing by 51% in the first quarter to nearly €27 million. In Spain, meanwhile, net gaming revenue grew by 21% to over €22 million. In both markets, our targeted marketing efforts allowed us to grow our active customer base by c. 25% as a result of the acquisition of higher quality customers (i.e. lower churn) but also with an increased spend per active.”
Oscar Iglesias, CFO of Codere Online, stated, “Once again, top line growth exceeded our expectations in the first quarter, with Mexico continuing to put distance on Spain as our largest market by revenue. We are particularly excited, however, to see Mexico now also contributing positive Adjusted EBITDA for the first time. This, together with a strong performance by Spain, allowed us to generate €1.7 million in total Adjusted EBITDA in the first quarter, which represents a significant step towards achieving our full year profitability targets.”
Mr. Iglesias further added, “On the back of this strong performance in the first quarter and based on recent trading activity, we now expect to generate between €195-210 million of net gaming revenue in 2024, and reaffirm that we expect to generate positive Adjusted EBITDA and cash flow for the full year in 2024.”
Recent Events
Launch in Mendoza
· Subject to obtaining final regulatory authorization, we expect to launch operations in the Province of Mendoza over the coming weeks.
· Mendoza is the 5th most populated province in Argentina with over 2 million people.
· This launch will further increase our presence in the country, where we started operations in the City of Buenos Aires in December 2021, and continue pursuing a license in the Province of Buenos Aires.
Rayados Renewal
· On March 15, 2024, Codere Online agreed to extend its relationship with the Monterrey Rayados Football Club as its Official Betting Partner for the next four seasons.
· With this renewal, Codere Online also became the Main Sponsor of the women’s team, Rayadas.
· Codere Online expects to continue to deliver on its growth plan in Latin America, relying on this and other sponsorships and local activations.
Board Appointment
· On April 9, 2024, the Board of Directors of Codere Online appointed Daniel Valdez as a member of the Board and the Audit Committee.
· Mr. Valdez previously served as a member of the Board between the consummation of the business combination in November 2021 and August 2023.
The post Codere Online Reports Financial Results for the First Quarter 2024 appeared first on European Gaming Industry News.
Former UEFA.com editor Eugene Ravdin launches weekly sports column on MightyTips.com
PepperMill Casino launches a new exclusive feature: PepperMill Jackpots.
Codere Online Reports Financial Results for the First Quarter 2024
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