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

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3-8 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, GameSTACK2122-22 GAN Appoints Karen Flores as Chief Financial Officer, Continues to Progress Toward U.S. Listing, 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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The Key to Stronger Partnerships and Offer Extension: MaxBill’s Solution for Gaming

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maxbill The Key to Stronger Partnerships and Offer Extension: MaxBill’s Solution for Gaming
maxbill-1 The Key to Stronger Partnerships and Offer Extension: MaxBill’s Solution for GamingReading Time: < 1 minute

 

MaxBill is excited to announce the release of a new whitepaper, dedicated to revealing the company’s vision for driving gaming businesses to further success. We are confident, that the recent years’ rapid expansion of the industry should be supported by the operational changes across all levels. To grow smoothly and organically, each company needs to have a strong back-end, that will ensure its scalability.

The whitepaper covers the main aspects of the essential functionality of the modern cloud-based partner management and billing solution for gaming. It goes into detail about the advantages of the process automation in a revenue calculation, shortening the invoicing cycle and creating better reporting and mutual settlements transparency for any number of contracts. We also included the segment on the importance of the 4 eyes principle and teased the new forecasting module, that has been developed specifically for gaming providers.

MaxBill understands the uncertainty that surrounds the integration of the new system in large enterprises, that is why we made sure to provide opinions of major gaming companies that already use our customized approach to billing and partner management. Two gaming giants, 888 and NetEnt, have been collaborating with MaxBill for a long time now. Their testimony reveals how switching to the single-platform system has helped them to create a better business environment and grow sustainably.


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: The Key to Stronger Partnerships and Offer Extension: MaxBill’s Solution for Gaming

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OneTouch Partners with Big Wave Gaming to Launch Wild Wild West 2120

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Wild-Wild-West-2120 OneTouch Partners with Big Wave Gaming to Launch Wild Wild West 2120
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Mobile-first games developer OneTouch has partnered with the third-party games studio Big Wave Gaming to launch Wild Wild West 2120.

The 5×3 title transports players to a futuristic Wild West in pursuit of a prized bounty, with a Free Games round where two of the reels turn into Wilds and multiple jackpots can be won with a single spin.

“We’re delighted to saddle up with our valued partners at Big Wave Gaming to create Wild Wild West 2120, an enthralling new game with a fantastically inviting theme. The company has enjoyed impressive success in the social games space, so we have no doubt that this new title will perform strongly,” Ollie Castleman, Head of Marketing at OneTouch, said.

“OneTouch’s cutting-edge portfolio of mobile games is packed full of quality and innovation, so it’s fantastic to team up with the company for the epic Western adventure that is Wild Wild West 2120. We’ve experienced huge success in the social casino market and beyond, and expect this collaboration to be the first of many,” Ivan Rungkat, Managing Director at Big Wave Gaming 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: OneTouch Partners with Big Wave Gaming to Launch Wild Wild West 2120

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Ukraine’s Cabinet of Ministers Approves Establishment of Gambling Commission

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8-12 Ukraine’s Cabinet of Ministers Approves Establishment of Gambling Commission
8-12-1 Ukraine’s Cabinet of Ministers Approves Establishment of Gambling CommissionReading Time: < 1 minute

 

Ukraine’s Cabinet of Ministers has approved the establishment of a gambling Commission to regulate gambling and lotteries. Its work is scheduled to launch in November this year.

The Gambling Commission will issue licenses, monitor and control the activities of gambling business operators.

“The launch of the commission will make it impossible for illegal gambling establishments to operate under the guise of state lotteries. And the legalization of gambling will stimulate the economy, attract investment, create additional jobs and receive a significant source of additional revenue,” the Ministry reports.


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: Ukraine’s Cabinet of Ministers Approves Establishment of Gambling Commission

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