Latest News
Betinvest strengthens management team with new COO
Reading Time: 3 minutes
Following a successful career heading up the largest international alcohol holding company in Eastern Europe, Max Dubossarsky has been appointed Chief Operating Officer (COO) at Betinvest. As the leading gaming brand continues to drive its international expansion and product development focus, Dubossarsky discusses his first foray into gaming, the importance of teamwork and why online betting is head and shoulders above the rest when it comes to technology…
What’s your career background and what are your ambitions at Betinvest?
In my five years as CEO at an international alcohol holding company, I directed global sales, opened offices and organised distribution in the USA firsthand and worked in numerous different countries gaining insight into different mentalities and approaches to running an international business.
As for my ambitions, when working in any company my goal is always to make the company richer. To turn this goal into a reality, the most important factor is always the team. I believe in teamwork. It’s something I have experience in, and it’s a philosophy I live by.
This is the first time you’ve worked in gambling, what attracted you to the industry and to Betinvest in particular?
I was attracted to this industry and to Betinvest because of IT. I have an educational background in programming and software development. After finishing university, I became more interested in marketing, sales and management, so they became my focus.
The desire to work on IT projects didn’t disappear, though – in fact, this industry is in keeping with the zeitgeist of the modern day. However, it wasn’t until recently that something suitable came up, something worthwhile.
At Betinvest, my education helps me to communicate with the company’s IT specialists, because I have a good understanding of the development process.
I don’t see my lack of experience in the gambling business as an issue. For a good manager, it shouldn’t matter which industry they’re working in. In addition, I’m quickly getting up to speed with the industry specifics.
Gambling has a difficult reputation with some observers, is this something you considered and how did you/have you responded?
The concept of morals can be interpreted in many ways. The reality of the modern world is such that every business must take responsibility for their actions and work hard to try to make the world a better place and give something back to the community. Working in this industry, we can have an effect by playing our part when it comes to morals, ethics, responsible gaming and corporate social responsibility. I asked myself this same question a long time ago and I believe my answer reflects my previous experience 100%.
You previously worked in the alcoholic beverage industry, how will you be using that experience to help develop Betinvest’s future?
All companies experience the same problems when it comes to business processes and teamwork. I joined Betinvest to help strengthen the team and to look at how it can be further developed in the future. The company is growing and we’re streamlining our internal processes so that we’re prepared for change in the foreseeable future. Within five years, sports betting’s audience demographic will have changed completely. This means that we need to adapt how we work so that we can offer appropriate products and solutions for the evolving market.
My role in this is to gather knowledge which will enable me, in one way or another, to become a visionary for this company who stays on top of the latest news, plans for the future and forms a strategy geared towards economic efficiency. At the moment, I’m doing my research.
As a newcomer, how do you see the industry developing over the next few years and what trends do you foresee being the next big thing?
One of the main challenges for companies around the world is to be streamlined, flexible and able to adapt in a heartbeat. In the 21st century, having new, innovative technologies and solutions is vital to keep up with the times. Gambling is no exception. We always need to be thinking about tomorrow. At Betinvest, we always keep up to date with the latest news and tailor our products and solutions for the market. Having our own team of IT specialists enables us to do this effectively.
AI and virtual reality have already become a part of our industry, and the possibilities for innovation and change are pretty much endless.
Can you summarise your business philosophy?
Effective business processes and HR management. Automation and optimisation. Looking ahead in an ever-changing world. Teamwork.
Betinvest have a recurring hexagon motif. The six sides represent six key elements required to successfully run and develop a business.
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: Betinvest strengthens management team with new COO
Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.
Latest News
Governor Joe Lombardo has announced the appointment of Chandeni Sendall to the Nevada Gaming Control Board. Since 2015, Ms. Sendall has served as a Deputy City Attorney for the City of Reno, practicing in the civil division. Before her work in the Reno City Attorney’s Office, Ms. Sendall worked in civil and commercial litigation, served as an in-house legal intern for Caesars Entertainment, and clerked for the Honorable James W. Hardesty at the Nevada Supreme Court. While attending the William S. Boyd School of Law, Ms. Sendall served as the Editor-in-Chief of the UNLV Gaming Law Journal. Before her legal career, she served for several years as an Internal Auditor for Caesars Entertainment.
TheLotter US has send a reminder to customers to be vigilant against online phishing scams and fraudulent websites. With online lottery courier services growing in popularity, cybercriminals often target unsuspecting individuals with fraudulent emails and messages that falsely claim recipients have won a lottery prize. TheLotter Group’s announcement follows their fraud team’s discovery of phishing attempts, including several fraudulent websites impersonating the courier service’s platform.
The Pennsylvania Gaming Control Board has approved three consent agreements presented by its Office of Enforcement Counsel resulting in total fines of $282,205. The largest of the fines is $260,905 and was assessed against Interactive Gaming Operator BetMGM for 152 instances in which an individual on the Board’s Interactive Self-Exclusion List was permitted to gamble on their sites. Licensed operators of iGaming sites in Pennsylvania must deny individuals on the self-exclusion list from establishing or maintaining an interactive gaming site.
Zitro Digital has announced its entry into the newly regulated Brazilian iGaming market. With deep roots in Brazil, Zitro Digital is to bring its portfolio of in-house content to local players, marking a new chapter in the company’s long-standing connection with the country. Brazilian players can now enjoy a selection of Zitro Digital’s slots, including the popular series Fu Frog, as the company introduces its offerings to operators within the country. The move comes as part of Brazil’s ongoing efforts to create a regulated and secure online gaming environment for players, offering a responsible platform for gaming activities.
Partnerships
Everi Holdings Inc in an agreement with 1/ST, North America’s preeminent Thoroughbred horse racing and pari-mutuel wagering company, announced the launch of their new mobile app and wagering experience, Gulfstream Racing. The new Gulfstream Racing App is now available in the Apple App Store. This launch is part of Everi’s strategic expansion into Sports and Entertainment following its acquisition of Venuetize in 2023 and expands the company’s footprint in the horse racing segment. Gulfstream Racing will be a valuable companion app for guests seeking the premier hospitality experience that 1/ST provides.
Payflo Inc. has entered into a partnership with MoneyGram to deliver cash-in and cash-out payment solutions tailored for U.S. gaming, lottery and marker settlement, marking a first-of-its-kind milestone in the industry. Payflo and MoneyGram introduced a customer-driven solution—enabled by the simple integration of Payflo’s advanced payment processing technology with MoneyGram’s technology-powered, extensive network and trusted financial infrastructure.
The post Gaming Americas Weekly Roundup – February 3-9 appeared first on European Gaming Industry News.
Fortune Snake is Endorphina’s newest oriental slot that teleports players to a sacred temple, straight to the heart of the Wooden Snake. With cascading reels and Free Games with Extra Multipliers up to x100, Fortune Snake invites players to explore the mysteries of the hidden temple.
According to the Chinese calendar, the Year of the Wood Snake brings a unique blend of wisdom, luck, and transformation – and we’ve immortalized this experience in our slot game! In Fortune Snake, players will travel to a misty land, where the temple of the Snake stands hidden and untouched, only visible to the keen observer and brave explorer. The red paper lanterns swing in the melody of the wind, patiently waiting for the next daring traveler to uncover the secrets buried beneath.
Fortune Snake is a 6-reel, 5-row oriental slot with scattered payouts, offering thrilling features including:
- Powerful Firecrackers – enhancing the gaming experience by exploding and blasting off symbols from the same line and reel except Multipliers and Bonus symbols.
- High-quality Graphics – fully immersing players into the world of the Wooden Snake, taking them on a thrilling adventure.
- Mobile-friendly Design – allowing players to have a seamless gaming experience from their mobile devices.
- Classic Risk Game – giving players the opportunity to double their winnings up to 10x.
- Bonus Pop feature – triggering the Free Games instantly.
The Year of the Wood Snake brings excitement and incredible luck as it rolls in, and our Fortune Snake embodies this perfectly! Mystical and lively, this slot game welcomes the new year with eye-catching fireworks and irreplaceable firecrackers, setting the stage for an incredible year ahead!
As a leading casino content provider for over 10 years, we at Endorphina have focused on creating unique gaming experiences for many different audiences. Starting from our player-centered approach to game development, Endorphina game slots provide outstanding entertainment for players, from crisp graphics and innovative mechanics to engaging gameplay and unique themes.
The post Enjoy the Year of the Wooden Snake with Fortune Snake! appeared first on European Gaming Industry News.
Mastercard just announced the latest cohort of Start Path, its award-winning startup engagement program, and FairPlay has been selected as one of the eight companies pioneering the next generation of financial technology.
Why does this matter? AI is playing an increasingly critical role in financial decision-making—determining who gets approved for a loan, what terms they receive, and even how compliance is maintained. But without the right infrastructure, AI models can reinforce old biases instead of driving better, more inclusive outcomes.
“My vision for the future of financial technology is to build fairness infrastructure for financial services, allowing all financial institutions to de-bias their digital decisions in real time,” says Kareem Saleh, CEO of FairPlay.
As part of the Start Path New Networks program, FairPlay will work with Mastercard and its partners to scale solutions that help financial institutions refine their AI models, fix blind spots, and ultimately improve both revenue and outcomes for consumers.
With AI decision-making under increasing regulatory and public scrutiny, this collaboration raises important questions about the future of financial technology that Saleh can speak on:
- How can AI-driven decisioning improve financial inclusion without increasing risk?
- What role will open banking play in making AI models more accurate and transparent?
- How should financial institutions prepare for a future where AI accountability is a market expectation, not just a regulatory requirement?
The post FairPlay joins Mastercard Start Path, shaping the future of AI-driven finance appeared first on European Gaming Industry News.
Gaming Americas Weekly Roundup – February 3-9
Enjoy the Year of the Wooden Snake with Fortune Snake!
FairPlay joins Mastercard Start Path, shaping the future of AI-driven finance
Official Game Titles for 2025 IESF Season
Imagine Live Receives ONJN License
ComeOn! extends Jeremy Piven’s ambassadorship to Denmark, strengthening its sportsbook strategy
The Impact of Regulatory Changes on Media Buying in iGaming
Kongebonus 2024 Awards shines a light on industry success
David Justin named as Wiztivi new CEO
GamingTECH CEE Awards 2025: The Online Voting Battle Begins February 12!
-
Latest News3 months agoIndia’s top gamers Jonathan & TechnoGamerz to face off in eFootball showdown at DreamHack India 2024
-
Latest News3 months agoThe 2024 PUBG MOBILE Global Championship (PMGC) Grand Finals Arrive in London!
-
Latest News2 months agoGamCare releases Annual Report following record breaking year of support on the National Gambling Helpline
-
Latest News3 months ago
Mortal cements his name as face of Indian gaming, wins ‘Content Creator of the Year’ at global Esports Awards 2024
-
Latest News2 months agoAbios powers upcoming gaming media platform Apollo with in-play statistics for League of Legends
-
Latest News3 months ago
Mythpat, GamerFleet, Piyush Joshi Gaming: India’s popular Minecraft Players Gear Up for the Ultimate Battle in Creators Rumble
-
Latest News3 months ago
MelBet Appoints Bollywood Actress Sherlyn Chopra as its New Brand Ambassador
-
Latest News2 months ago
Government support, medals, and global recognition define a landmark year for Indian esports and video gaming in 2024
You must be logged in to post a comment Login