Connect with us
Atlaslive is a robust, scalable, and reliable igaming platform that supports the growth of our partners’ business by ensuring 99.9 percent uptime, one of the best in the industry.

Latest News

Azerion raises €200 million in eye-catching expansion deal

Published

on

Azerion raises €200 million in eye-catching expansion deal
Azerion raises €200 million in eye-catching expansion dealReading Time: 2 minutes

 

Investors recognise Azerion’s huge potential in online games and user engagement

This second significant financing in two years will pave the way for Azerion to become a major platform player

Azerion has attracted much investor interest with a new funding package aimed at accelerating the company’s growth.

The new funds will be used (among other things) to finance multiple acquisitions across its platform, adding both exciting new gaming content as well as creating revenue opportunities. These acquisitions help us in our mission to bring a wide range of entertainment content for consumers while enabling content providers to engage with users in a safe, reliable and meaningful way.

This new issue will refinance a €100 million bond issued on the Frankfurt exchange last year. It is rare for a private company to raise these levels of capital, but Azerion’s track record of exponential growth supplemented by acquiring gaming and monetisation technology companies and quickly building their revenue has grabbed investor attention. Last year’s bond was met with significant investor interest and the company has experienced a similar response to this new bond.

“Online entertainment has become central to people’s lives,” says Atilla Aytekin, Azerion’s co-CEO. “It has enormous business potential. Our vision is to make digital entertainment better, safer, and more reliable. That way everyone can enjoy the basic human need to play in a carefree environment, and advertising and publishing businesses can thrive.”

Since it was founded in 2015, Azerion has worked hard to create a digital entertainment platform for people of all ages to enjoy. This has been supported by an active acquisitions strategy, adding to the Azerion family 38 companies in the digital entertainment and technology sectors. Azerion layers these acquisitions on top of its existing business into a single, coherent platform. Within this ecosystem, these businesses have grown organically and work seamlessly with each other.

This has seen Azerion become a powerhouse in online entertainment providing a broad range of content to users and monetising it through in-app purchases and advertising — through a proprietary platform that provides safety, reliability and efficiency to all stakeholders.

“The gaming business represents a total annual market of  US$175 billion,” Atilla explains. “We’re well on our way to becoming the biggest platform in Europe with our vision to serve that market. Our goal is to create a safe, connected and intelligent ecosystem (enabled through our technology) that will accelerate the growth of European companies connected to our operations.”

The new bonds are expected to be listed on Nasdaq exchange in Stockholm.

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.

Continue Reading
Advertisement


MARE BALTICUM Gaming & TECH Summit 2024
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Latest News

FBM Foundation elevates schools in Laguna and Cavite with donations to boost digital educational progress

Published

on

Reading Time: 2 minutes

The two solidarity gestures executed by FBM Foundation in May prove once again the project’s commitment to nurturing future digital leaders and empowering communities through education.

This significant donation to Mabato National High School included 15 computer sets, tables, chairs, and 300 FBM Foundation backpacks. FBM Foundation conducted a turnover ceremony at Mabato National High School, on May 17th, attended by Pepe Costa, FBM’s Country Manager for the Philippines, and six volunteers. The ceremony highlighted the contributions of Gareth M. Prondoza, the School Head, and the teaching and non-teaching staff for their coordination.

In Dr. Jose P. Rizal Senior High School, FBM Foundation donated 35 computer sets, tables, chairs, 2 split-type air conditioners, and 800 FBM Foundation backpacks. This second social effort had a final turnover ceremony at Dr. Jose P. Rizal Senior High School. Renato Almeida, Director at FBM, Pepe Costa, and Alex Studart, Head Operation Manager at MEMO, attended the ceremony together with 15 volunteers.

During the event, special acknowledgments were given to Ms. Maria Lalaine M. Barrameda, Assistant School Principal II, Mr. Sandy U. Mera, ASP Coordinator, Mr. Robert John Dela Cruz, and the teaching and non-teaching staff for their invaluable contributions.

Alongside the computer donations, FBM Foundation facilitated the renovation of the computer laboratory and faculty room at Mabato National High School and at Dr. Jose P. Rizal Senior High School. These renovations were supported by a dedicated team of volunteers who worked tirelessly to make the learning spaces safer and more comfortable, promoting holistic development and the welfare of the entire school community. FBM Foundation’s motto, “Building a Champion by a Champion: Shaping Digital Leaders Tomorrow,” reflects its vision and impact. Through education, the corporate social responsibility project of the FBM® Group uplifts communities, drives innovation, and nurtures future leaders. The Foundation’s initiatives and partnerships are designed to catalyze positive change, inspiring students to achieve their dreams.

In total, 27 volunteers participated in the renovation and turnover ceremonies, showcasing the collective effort and dedication towards making this project a success.

The post FBM Foundation elevates schools in Laguna and Cavite with donations to boost digital educational progress appeared first on European Gaming Industry News.

Continue Reading

Latest News

SkillOnNet Hooks Up with Spinomenal for Global Content Deal

Published

on

Reading Time: < 1 minute

Global entertainment powerhouse SkillOnNet has teamed up with leading iGaming content provider Spinomenal in a new slots content deal. The multi-jurisdictional partnership means SkillOnNet’s international collection of brands are now showcasing Spinomenal’s top-performing titles, such as like Baba Yaga Tales, Demi Gods II and Queen of Ice.

SkillOnNet operates more than 40 online casino brands in numerous regulated markets. These include household names like PlayOJO in the UK and Ontario; PlayUZU in Spain, Mexico, and Buenos Aires City; BacanaPlay in Portugal, and DrueckGlueck in Germany.

Founded in 2014, Spinomenal is one of the fastest-growing iGaming suppliers in the industry. with more than richly themed 300 game releases licensed in over 25 licensed casino jurisdictions worldwide.

The revolutionary Spinomenal Universe has also now been unveiled on the SkillOnNet network which invites players to embark on a journey through an expansive world where beloved characters from various titles intertwine in fresh narratives.

Jani Kontturi, Head of Games at SkillOnNet said: “At SkillOnNet, we want partners that create games that really stand out from the crowd. Spinomenal’s portfolio is bursting with strong ideas, powerful stories, cool mathematical models and games that push the boundaries of creativity. We’re delighted to welcome them to our network.”

Lior Shvartz, CEO for Spinomenal commented: “SkillOnNet is a fantastic tier-one operator and we’re proud that our games are now available on its platform. We expect this to be the beginning of a long and mutually beneficial partnership.”

The post SkillOnNet Hooks Up with Spinomenal for Global Content Deal appeared first on European Gaming Industry News.

Continue Reading

Latest News

SIS and RAS combine to deliver premium Live Racing offering to global operator Stake.com

Published

on

Reading Time: 2 minutes

Sports Information Service (SIS) will provide Stake.com with its extensive library of global Live Racing content, along with early pricing and derivative markets supplied by Racing and Sports (RAS), to offer its bettors a best-in-class service.

SIS is the leading muti-content supplier of 24/7 live betting opportunities and is set to deliver its round-the-clock portfolio of horse and greyhound racing to Stake. To maximise engagement for Stake bettors, RAS will provide its vast range of early pricing and derivative markets to allow for longer trading windows.

This integration will allow Stake, in partnership with SIS and RAS, to present an array of wagering opportunities in a more accessible and relatable format.

Stake is a leading global betting operator boasting an online sportsbook and casino platform. It has secured high-profile sponsorships with Everton Football Club, UFC, the Stake F1 team and many more.

SIS’ Live Racing offering consists of over 36,000 live horse races annually from over 170 racecourses across six continents. This content includes live streaming, on-screen graphics and commentary, providing a unique and comprehensive experience. In addition, the greyhound racing portfolio of SIS offers a further 26,000 races annually to Stake.

RAS will provide enhanced data for the entire portfolio of content, enabling bettors to have all the necessary “easy to read” data and live comprehensive pricing available at a fingertip.

Andy Kelly, Head of Commercial Partnerships at SIS, said: “Stake has a huge footprint across the world and this deal is a major one for us, as we seek to expand the appeal of racing products. By providing our full range of racing content, we are confident this will enrich the customer experience.”

Jarrod Febbraio, Director of Commercial at Stake, said: “It remains our goal to continually strive to enhance our product portfolio to our customers. Partnering with RAS as our platform provider and SIS providing their racing content, with their long-standing reputations, speaks for itself.”

Stephen Crispe, Chief Executive Officer at RAS, said: “Our primary focus is to provide a best-in-class service to our customers. The extensive content available through SIS, together with the enhanced data, in several different languages provides RAS with an exciting opportunity to showcase our offering.”

The post SIS and RAS combine to deliver premium Live Racing offering to global operator Stake.com appeared first on European Gaming Industry News.

Continue Reading

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.