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Nexus International, Led by Gurhan Kiziloz, Secures Gaming License with $1.45 Billion Target for 2025
Gurhan Kiziloz, the key figure behind Nexus International, is strengthening his foothold in the online gaming industry, driving the company’s aggressive expansion strategy. Under his leadership, Nexus International manages Megaposta and Lanistar, two platforms that have significantly contributed to revenue growth. In 2024, the company recorded $400 million in revenue, and with Kiziloz’s expansion efforts, forecasts indicate that this figure could surge to $1.45 billion in 2025.
A crucial step in this trajectory is securing a Brazilian gaming license, granting Nexus International entry into one of the most regulated betting markets worldwide. Obtaining this license required compliance with strict financial and operational standards set by Brazilian regulators—an undertaking Kiziloz personally oversaw as part of his broader goal to establish the company in regulated spaces. With this authorization, Nexus International can legally operate and scale within Brazil, a market now focused on restricting unlicensed operators.
Kiziloz’s Influence on Nexus International’s Growth
Kiziloz has engaged in various industries, with his transition into online gaming reflecting a strategic response to shifting regulatory landscapes. Before stepping into the online gaming sector, he developed Lanistar as a fintech company, but under his leadership, it has since evolved into the gaming space. This shift aligns with his broader approach to restructuring and scaling business models in response to market demands.
His direct involvement has fueled the company’s expansion across Latin America. Megaposta has already established a presence in multiple countries, and with the newly acquired Brazilian license, Kiziloz has positioned Nexus International for further market penetration. His role has been instrumental in securing partnerships, ensuring compliance, and crafting strategies to compete with dominant players in the gaming industry.
However, this approach is not without its challenges. Brazil enforces stringent regulations covering advertising, taxation, and consumer protection. Any compliance violations could result in financial penalties or even the revocation of the company’s license. Kiziloz now faces the responsibility of maintaining Nexus International’s legal standing while navigating an increasingly competitive and tightly regulated market.
Strategies for Expanding Nexus International
Under Kiziloz’s leadership, Nexus International is targeting regions where legal online gaming is gaining traction. Megaposta has already gained significant market share in Latin America, and the newly obtained Brazilian license enables the company to operate openly, unlike unlicensed competitors who face restrictions.
Lanistar’s transformation from a fintech venture into an online gaming platform was a calculated step, allowing Nexus International to solidify its presence in sports betting and casino gaming. While Lanistar has shifted focus, it continues to operate as a fintech platform under Lanistar.app, maintaining its presence in the financial sector. By managing two platforms under the same corporate umbrella, Kiziloz diversifies revenue streams and expands market reach.
Brazil’s updated gaming regulations have created a landscape where only licensed operators can legally provide betting services. By securing Nexus International’s position within this regulatory framework, Kiziloz ensures the company can advertise, form local partnerships, and expand its customer base without the legal uncertainties of unlicensed operations. However, this also means facing higher operational costs and stricter regulatory constraints.
The Financial Targets & Hurdles Facing Kiziloz
Kiziloz aims to push Nexus International’s revenue to $1.45 billion through a combination of geographic expansion and increased user engagement. His strategy hinges on drawing more users to the company’s platforms and enhancing participation in sports betting and casino games, two of the most lucrative segments in the online gaming sector.
Yet, the industry presents several hurdles. Regulatory environments remain fluid, with governments frequently revising tax structures, imposing new restrictions, or introducing additional compliance measures. Any legislative changes in Brazil could directly impact Nexus International’s profit margins.
Additionally, competition remains fierce, with well-established gaming brands boasting stronger customer loyalty and larger marketing budgets. To compete effectively, Nexus International must prioritize user retention, offer exclusive features, and implement strategic marketing efforts—while still adhering to regulatory limitations.
Cybersecurity also poses a significant challenge. Online gaming platforms are frequent targets for fraud and cyberattacks. To protect user data and maintain trust, Kiziloz must ensure substantial investment in security measures. Any failure in this area could lead to financial losses and reputational damage.
Future Expansion Plans for Nexus International
Beyond Brazil, Kiziloz is exploring opportunities to extend Nexus International’s presence into additional regulated markets. Several countries across Europe, Latin America, and Asia are refining their online gaming laws, and Kiziloz is actively evaluating the most viable regions for legal expansion.
Securing new licenses is a complex, time-intensive process requiring adherence to different tax regimes, advertising regulations, and consumer protection standards. Kiziloz must oversee negotiations, obtain legal approvals, and implement regional marketing strategies to ensure seamless entry into new markets.
While the Brazilian license has paved the way for growth, Nexus International’s success will ultimately depend on Kiziloz’s ability to navigate industry challenges. Maintaining compliance, mitigating risks, and competing against larger players will be crucial for sustaining momentum. His approach to regulatory adherence, strategic marketing, and technological investment will shape the company’s trajectory in the years ahead.
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Third quarter: July – September 2025
· Total revenues amounted to mSEK 9.6 (11.8), a decrease of 19%
· B2B revenues amounted to mSEK 7.7 (8.4), a decrease of 9%
· B2C revenues amounted to mSEK 1.6 (1.7), a decrease of 7%
· Other revenues amounted to mSEK 0.4 (1.8), a decrease of 80%
· Expenses related to write-down of receivables amounted to mSEK -1.1 (0.0)
· EBITDA amounted to mSEK -3.9 (0.1)
· Net result amounted to mSEK -4.7 (-0.1)
· Earnings per share amounted to SEK -0.02 (0.00)
Interim period: January – September 2025
· Total revenues amounted to mSEK 33.8 (30.9), an increase of 10%
· B2B revenues amounted to mSEK 25.5 (23.2), an increase of 10%
· B2C revenues amounted to mSEK 4.9 (4.6), an increase of 6%
· Other revenues amounted to mSEK 3.5 (3.1), an increase of 12%
· Expenses related to write-down of receivables amounted to mSEK -1.1 (0.0)
· EBITDA amounted to mSEK -5.1 (-3.6)
· Net result amounted to mSEK -7.4 (-5.0)
· Earnings per share amounted to SEK -0.03 (-0.02)
Events after quarter end:
No events after quarter end.
The post SCOUT Gaming Group : Interim report Q3 2025 appeared first on European Gaming Industry News.
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Led by the seasoned IGL Pahadi, alongside Mr. Jay, Hasan, Adeeb, and Arman, the new S8UL Elite lineup is ready to make its mark and reign supreme in Free Fire MAX
S8UL, a global powerhouse in gaming and esports content, has officially announced the acquisition of Team Elite’s Free Fire MAX roster, forming its new team – S8UL Elite. This reflects the organization’s continued commitment to achieving excellence through championship-winning teams across multiple esports titles.
Spearheaded by in-game leader Lokesh Karakoti (Pahadi), S8UL Elite’s roster features some of the most prominent names in the Free Fire circuit, including Jayesh Yadav (Mr. Jay), Hasan Haider (Hasan), Adeeb Ansari (Adeeb), and Syed Arman Ali (Arman).
Naman Mathur aka Mortal, Co-founder of S8UL Esports said, “We are delighted to onboard some of the most promising players from the Free Fire MAX scene. Each of them brings a unique skill set and a deep understanding of the game, making this roster an exciting addition to our esports family. S8UL’s commitment has always been to compete at the highest level across every game we enter, and S8UL Elite marks an important step in that direction. We look forward to seeing the team make its mark in the upcoming tournaments.”
As one of India’s most celebrated Free Fire MAX athletes and creators with over 1.63 million YouTube subscribers, IGL Pahadi has been a dominant force in the scene. The 22-year-old was a key part of Team Elite’s championship-winning run at the Free Fire India Championship 2021 Fall, where the team secured over INR 41.3 lakh in prize money. He also received the Best Sniper of the Year award from the game’s publisher, Garena, earlier this year. His teammate, Mr. Jay, who clinched the Rusher of the Year award at the same event, brings equal experience and firepower to the team, having represented top Indian lineups and led his side to victory at the Free Fire Tri Series 2021. Alongside Hasan, Adeeb, and Arman, the roster forms an explosive unit determined to make its mark in the Indian Free Fire MAX circuit.
“Joining S8UL is a dream come true. It’s the home of India’s biggest gaming icons and a brand that has redefined what it means to be a professional gamer and creator in this country. With S8UL’s support, our goal is to compete and perform at the highest level in upcoming tournaments, ” commented Lokesh Karakoti aka Pahadi, IGL of S8UL Elite.
Earlier this year, S8UL Esports created history by representing India at the Esports World Cup in Riyadh, which featured a record-breaking prize pool of over INR 600 crore. Alongside its competitive success, the organization continues to lead the gaming content revolution, earning four nominations at the Esports Awards 2025, where S8UL Esports, its Co-founder Animesh Agarwal, and creators Payal Dhare and Raj Varma have all been recognized for their contributions to the global gaming community.
With the addition of S8UL Elite, the organization reinforces its mission to empower Indian gamers and creators while setting new benchmarks in esports excellence. As S8UL continues to expand its footprint across multiple titles, it remains dedicated to shaping the future of Indian gaming and taking its success stories to the global stage.
The post S8UL Esports acquires Team Elite’s Free Fire MAX roster to form S8UL Elite appeared first on European Gaming Industry News.
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GoldenRace, leading provider of Virtual Sports and betting solutions, today announced the release of three significant platform enhancements: Rotating Display, Fast Ticket Checker and the Jackpot Viewer.
These updates are designed to optimise retail operations, improve player engagement, and provide greater operational flexibility for business partners.
The new Rotating Display feature allows operators to dynamically manage content across their retail screens. This enhancement moves beyond static displays by enabling the continuous cycling of selected GoldenRace V5 products, with Virtual Football currently integrated and additional games to follow soon.
- Optimised resource allocation: This functionality allows a single display unit to showcase multiple products, potentially reducing the necessity for additional hardware and complex installation setups.
- Increased visibility: By maintaining a fresh and dynamic content stream, the Rotating Display is intended to maximise player attention and encourage broader engagement with the product portfolio.
GoldenRace also introduces the Fast Ticket Checker, a self-service solution aimed at resolving in-store congestion and streamlining the ticket validation process.
- Operational efficiency: This feature empowers players to check the status of their betting slips instantly via their personal mobile devices by scanning a designated QR code and then the ticket barcode. This redirects validation traffic away from cashiers, allowing staff to concentrate on sales activities.
- Real-time status: Players receive immediate, server-verified updates on their ticket status, significantly reducing wait times and elevating the overall customer experience within the retail environment.
Last but not least, the enhanced Jackpot Viewer has been upgraded to offer superior flexibility in prize presentation, centralised management and increased display capacity.
- Maximum visibility: The update enables the simultaneous display of up to four different Jackpot prizes, ensuring greater exposure for top-tier rewards.
- Branding control: A new background colour configuration has been integrated into the back-office management system, allowing operators to seamlessly align the Jackpot Viewer’s aesthetics with their corporate branding.
- Simplified management: All configuration settings are now centralized within the back-office, simplifying the management process. The update also includes the addition of critical entity name information on the screen for player context and specialist URL parameter configurations for advanced customisation.
These three platform updates reflect GoldenRace’s commitment to delivering technologically advanced, high-performance solutions that simplify operations for betting businesses while enhancing the experience for the end-user.
The post GoldenRace announces three key enhancements to virtual betting retail platforms appeared first on European Gaming Industry News.
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