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Parimatch CEO talks tech transformation at Collision from Home
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Sergey Portnov, CEO of Parimatch, took to the virtual stage yesterday at Collision at Home – a global virtual conference which brings together tech leaders and high-potential start-ups to discuss the issues effecting the tech industry.
During his speech, Sergey Portnov captivated Collison at Home’s 30,000 strong audience with his experience of transforming Parimatch from a physical bookmaker into a leading international tech and entertainment brand, giving viewers his top five tips on tech transformation.
On transforming into a tech business, Sergey Portnov said:
“At Parimatch we are obsessed with technology. We are a business built by businesspeople with management backgrounds, but now we have taken a major step to becoming a tech business – an endless journey with no destination.
“Tech can either be used as a tool, or can be used to describe a culture, a mindset. Previously at Parimatch, we used tech as a tool, but not anymore. Tech isn’t something which can be outsourced, it has to flow through your DNA. Only once you have this tech culture ingrained in your business will your company start to move ahead.”
Sergey’s top five tips on tech transformation:
Lesson 1 –Accept the sacrifice
“In the journey to tech transformation, you need to accept that you will lose things along the way. You may lose employees, customers, partners, maybe even revenue. Whilst this can be painful, this loss has to be accepted in order to transform and ultimately become stronger.”
Lesson 2 – Hire the best
“Don’t take the easy approach when it comes to hiring talent. We all know that it is people who make (or break) a business. Invest in the best people, and pay them a lot. People should be a serious financial investment. But don’t just pay them well, give them freedom in their role. Motivate them, and give them time to shine.”
Lesson 3 – Speed is of the essence
“For me, tech means speed. Every aspect of a tech business needs to be working at speed. The sports and betting industry are very fast paced, so we are able to surround our brand with that speedy energy. Be audacious and brave, create a culture of speed.”
Lesson 4 – Build company culture
“We are continually working on how to foster loyalty from our existing employees. We work with all of our people and spend time building culture and values. These aren’t just words on paper, we live them and people can see them in our actions. Values need to be authentic, and are essential to building a positive culture, and need to form the backbone of a business.”
Lesson 5 – Balance experience with ambition
“It is important to balance experience with ambition. When one outweighs the other, it causes problems. We were ambitious with little experience once upon a time, we made mistakes and learnt from them. On the other hand, you have businesses with lots of experience but no ambition, they have become complacent and are not likely to last into the future. The ideal balance in 51% ambition and 49% experience.”
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 CEO talks tech transformation at Collision from Home
Online casino brand Slot Games has officially launched its latest player engagement feature, the Daily Wheel. The new feature allows registered users to claim one free spin every 24 hours, providing an opportunity to win free spins on a selection of popular slot titles.
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The management team at Slot Games said:
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Daily rewards have become an increasingly popular feature in the online gaming sector. They not only encourage consistent activity but also create moments of excitement that fit seamlessly into a player’s routine. The Slot Games team has aligned the Daily Wheel with this trend, ensuring that the reward mechanism is straightforward, accessible, and appealing to all players.
In addition to the new feature, Slot Games continues to expand its offering of slot titles and table games. The platform is licensed and regulated in the UK, operating under strict guidelines to ensure fairness, security, and responsible play. The introduction of the Daily Wheel further demonstrates Slot Games’ approach to combining compliance with creativity, giving players engaging promotions that remain within regulatory frameworks.
The Daily Wheel is available to all registered players, and spins reset every 24 hours. Whether a player logs in first thing in the morning or later in the evening, they will always have a chance to use their daily free spin within that period. This accessibility makes the promotion easy to understand and participate in, while maintaining an element of anticipation that encourages daily engagement.
Slot Games encourages both new and existing players to explore the Daily Wheel and take advantage of the free spin opportunity. With no deposit required, it’s a great way to discover some of the site’s most popular slot games while enjoying an extra layer of entertainment.
The Daily Wheel is live now and can be accessed via the promotions section on SlotGames.co.uk. Players are invited to log in today and give it a spin.
Provider’s Playbook Football™ title available to operator’s players for the very first time, providing a persistent, gamified experience based around interaction, skill development and ownership
Bingoal has become the first operator in the Netherlands to launch Playbook Football™, the next-gen real-money virtual football management betting game from Playbook Fusion.
Bingoal is a dynamic Belgian gaming brand with over 30 years of expertise, bringing its trusted sportsbook and casino experience to players in the Netherlands
Playbook Football is a unique, real-money virtual football management betting game where players build teams, place bets, receive in-game rewards, climb divisions and compete on leaderboards.
Bingoal.nl players are the first in the Netherlands to enjoy this new concept across Casino and Sportsbook zones, with the operator benefitting from the tremendous engagement and retention stats already being generated by the game.
Steve Rogers, CEO/Founder at Playbook Fusion, said: “Bingoal is a forward-looking operator that understands bettors are seeking next-gen experiences built around interaction, skill development and ownership.
“We are thrilled to have launched Playbook Football™ in the Netherlands with them and to be able to provide their players with this immersive experience.
Dany Salmon, Casino Product Manager at Bingoal, added: “We are committed to bringing the new and exciting experiences to Bingoal players, and that’s why we wanted to be the first to launch Playbook Football™ in the Netherlands.
“This is a unique concept that offers gamification and persistence that our bettors are seeking, and we are confident that it will resonate well with our player base across Sports and Casino verticals”.
The post Playbook Fusion debuts in the Netherlands with Bingoal appeared first on European Gaming Industry News.
“Fruitferno 40” went live, a new 5×4 slot from Hölle Games. It comes just a few weeks after the Dragon’s Diamonds launch, a cluster-style title with an equally hot theme! Following up to that 6×5 scatter-pays smasher, the Hölle team have taken a short detour to drop a 40-payline sequel to Fruitferno 20, for all those slot purists out there.
In addition to the de rigeur Fruits ensemble of Cherries, Oranges, Lemons etc, it also has stacked 7 Wilds on all reels, which if hit will pay out a tasty 3300x stake. Star Scatters award Bonus Spins when they land, and there is of course the accompanying Card and Ladder Gambles to heat things up. Refined graphics and audio complete the experience and medium-high volatility keeps it on the spicy side of the street.
The post Hölle Games Releases Fruitferno 40 appeared first on European Gaming Industry News.
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