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GAN Appoints Karen Flores as Chief Financial Officer, Continues to Progress Toward U.S. Listing

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GAN Appoints Karen Flores as Chief Financial Officer, Continues to Progress Toward U.S. ListingReading Time: 2 minutes

 

GAN plc , an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, announced the appointment of Mrs. Karen Flores as Chief Financial Officer, effective immediately. In this role, Mrs. Flores will be responsible for finance, strategic planning, treasury, tax and accounting and will be based at the Company’s offices in Irvine, CA.

Mrs. Flores brings 20 years of financial management, capital markets and operational experience in both public and private technology companies. Most recently, she served as Vice President of Corporate Financial Planning & Analysis at Alorica, Inc., a provider of customer experience and call center outsourcing solutions, where she rebuilt the corporate financial planning & analysis function and managed the global capital planning process, establishing and leading the committee overseeing over $50 million in annual capital spending.

Prior to this, Mrs. Flores served as Senior Vice President of Finance at Maker Studios Inc., leading the company through a multi-year period of explosive growth with revenues increasing from $2 million to over $200 million. Mrs. Flores’ role at the company included acting as shareholder liaison with key institutional investors and managing its U.S. external audit. She was a primary member of the team that raised more than $70 million in equity funding and sold the company to The Walt Disney Company for $675 million in 2014.

Mrs. Flores has also held financial positions at MySpace Music, Napster, and Microsoft during her career and holds a Bachelor of Science, Finance (Cum Laude) from San Jose State University.

Management Commentary

Dermot Smurfit, CEO of GAN commented:

“We are pleased to welcome Karen to our leadership team as we continue working toward obtaining a U.S. listing as soon as reasonably practical. With two decades of financial management and operational experience at entertainment and technology companies, Karen has managed the Finance function of companies with substantial revenues and gained highly relevant corporate transactional experience. We believe Karen’s experience and skillset will prove invaluable to our financial and strategic planning as our business growth continues to accelerate. The entire leadership team at GAN looks forward to working closely with Karen who will be a critical part in helping us achieve both short- and long-term goals.”

About GAN Plc:
GAN is a leading business-to-business (“B2B”) supplier of internet gambling software-as-a-service solutions (“SaaS”) to the US land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK™, which it licenses principally to land-based US casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming.

GAN is listed on the London Stock Exchange (LSE: GAN).

For more information please visit www.GAN.com.


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: GAN Appoints Karen Flores as Chief Financial Officer, Continues to Progress Toward U.S. Listing

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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CryptoWins.com Expands Portfolio with 30 New Slots from NetGame Integration

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40% Match deposit bonus on new NetGame slots for all players this week

CryptoWins the cryptocurrency-only casino that celebrated its 1st anniversary in November 2024, has launched 30 exciting new slots by NetGame, including popular titles like African KingDiamond ShotHit in VegasVolcano Fruits, and Wild Buffalo. This expansion brings CryptoWins’ total game count to over 470, across 11 software providers.

NetGame’s slots offer an exceptional playing experience through original math models, vibrant art, and unique bonus mechanics. Each game features elements like Free Spins, Progressive Jackpots, Tumbling Reels, Pick’em Bonuses, Re-Spins, Fortune Wheels, Win Both Ways, and more.

Diamond Shot blends classic fruit symbols with exciting bonus features, including three types of scatters: a regular one, a stacked one for bigger prizes, and one that unlocks the tile match bonus with up to 25 free spins and a 3x multiplier, plus the possibility of a special wild.

Hit in Vegas takes you to Sin City with a 25x multiplier in the base game and a 1000x multiplier on the Wheel of Fortune. With 15 free spin features offering locked wilds, highest symbols only, and scatter pay wins, a fortune could be yours.

“At CryptoWins, we’re committed to bringing players the best entertainment possible, and with each new partnership, we expand our diverse game offerings. The cryptocurrency landscape continues to evolve, and we’re excited to be at the forefront,” says Michael Hilary, CryptoWins Manager.

In addition to the NetGame launch, CryptoWins introduced new slots from Rival in November and Felix Gaming earlier this year. The casino is also set to introduce brand-new types of games this Spring.

NEW GAMES MATCH BONUSES
Available February 26 – March 2, 2025

1/ 40% Match Bonus on deposits $5 – $250
Redeem: 1x per day
Valid: Netgame Slots
Wager: 37x
Code: NETGAME

2/ 55% Match Bonus on deposits $5 – $500
Redeem: 1x per day
Valid: Slotland Ent. Slots
Wager: 35x
Code: SLOTLAND

CryptoWins continues to raise the bar for online gaming, providing innovative and secure experiences for cryptocurrency enthusiasts.

The post CryptoWins.com Expands Portfolio with 30 New Slots from NetGame Integration appeared first on European Gaming Industry News.

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Altenar serves up improved tennis vertical

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The upgraded offering will give operators access to increased in-play opportunities and new micro markets

Altenar has enhanced its sportsbook offering with an upgraded tennis vertical, now featuring official TDI data through a strategic integration with Sportradar.

The recent launch brings fast, live data from ATP and Challenger Tour events, increasing the number of in-play betting opportunities and introducing innovative micro markets. By leveraging Sportradar’s advanced AI and deep tennis data from TDI, Altenar can now process hundreds of thousands of data points from every match, offering a significant boost in betting options for users.

The introduction of micro markets allows users to bet on events with an immediate result, such as next serve, break points or the total number of shots in a point. This new feature is expected to enhance the user experience and drive further engagement, as micro markets have already proven to be successful in soccer and major US sports.

Altenar’s commitment to utilising premium data from official rights holders underlines its focus on delivering a superior sportsbook experience. The improvements aim to boost retention rates for operators, ultimately leading to greater revenue.

Antonis Karakousis, Director of Operations at Altenar, said: “This is a pivotal opportunity to achieve our growth ambitions. By integrating cutting-edge tennis data, we are providing unique betting options and the lowest possible latency across all our operators, driving innovation in the industry.”

The post Altenar serves up improved tennis vertical appeared first on European Gaming Industry News.

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Tom Horn Gaming lights up the reels with Wild Skyfire

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Tom Horn Gaming, a leading supplier of iGaming content, is thrilled to announce the release of its latest slot game, Wild Skyfire, launching on 4 March. This enchanting slot transports players to the serene town of Hanabi, where a breathtaking fireworks-lit night sky sets the stage for an unforgettable gaming experience.

Blending traditional slot mechanics with a cosy, atmospheric aesthetic, the slot offers players a new way to enjoy gaming – one that’s both familiar and refreshingly different.

Classic Features Meet a Unique Ambience

Unlike fast-paced, high-intensity slots, Wild Skyfire takes a different approach, immersing players in a calm yet engaging environment. Its medium volatility ensures a balanced gaming experience, appealing to both casual and seasoned players alike.

One of the standout features of Wild Skyfire is the Wild symbol, which appears in both the base game and the bonus round. In the base game, the Wild symbol forms wild clusters, increasing the chances of higher wins.

Free Spins, triggered by three Scatter symbols, introduces Sticky Wilds for greater win potential. When activated, any Wild symbols that land during the Free Spins round remain in their positions for the duration of the feature, maximising the opportunities for big wins. Players can retrigger Free Spins multiple times, with each Scatter symbol awarding an extra spin.

For players who enjoy instant action, Wild Skyfire offers a Special Offer Bonus Buy feature. This allows players to immediately access the Free Spins round by purchasing it directly, skipping the wait and diving straight into the most thrilling part of the game.

“With Wild Skyfire we wanted to create something that stands out from the typical high-energy slots, offering a tranquil yet captivating adventure. Its serene atmosphere provides players with an immersive escape while delivering the action they love,” said Katarina Slaninova, Head of Marketing Communications at Tom Horn Gaming.

By offering a game that seamlessly blends tranquillity with gameplay excitement, the company caters to a broad audience looking for both traditional slot thrills and something refreshingly different.

Players can experience the magic firsthand when the game goes on general release on 4 March. They’re invited to explore the captivating world of Hanabi, where big wins shine as bright as the fireworks overhead.

The post Tom Horn Gaming lights up the reels with Wild Skyfire appeared first on European Gaming Industry News.

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