Updates

What it takes to be on top? Becoming successful in your pursuit

Published

10 years ago

February 23, 2015

What it takes to be on top?

You know those filthy rich types who supposedly have no brain. You call them dumb celebrities, from George W. Bush to Roman Abramovich.

But … have you noticed one thing? They remain on top of their business – be it in politics or in oil trade – despite being apparently dumb, while we more intelligent types still search the internet to find out what it takes to be on top of our own business.

This is the real twin paradox of the world. A lot of people know what they have to do to start a business and become successful. But a majority of them don’t make the cut. And many successful entrepreneurs don’t know the secret of success. They just do it.

Can anybody explain this phenomenon? We would need an Albert Einstein in psychology or anthropology to figure it out. While we wait for such person to emerge, here are our five cents on that topic: what make some people succeed in business and stay on top.

Genes

This is something we cannot control – as of now. We all come pre-installed with certain kinds of genes. If it is in your genes to start a business and succeed, you will, no matter where you are or what kind of education you have.

If you feel you have the instinct to start a business, go ahead and start one. Don’t lose your heart even if you fail on multiple attempts. Haven’t you heard of that old saying? “Never fear shadows. They only mean that light is shining somewhere.”

Idea

From Thomas Edison to Steve Jobs, many successful entrepreneurs have depended more on ideas than on genes. If you a great business idea, nothing can stop you. You can start one on the real world, or you can start one on the internet. But one thing: Make sure that your idea is a great one. Some ideas appear world-beating at gestation. But they may fizzle out on implementation.

There was once a filmmaker who used to see great story ideas in his dreams. He would forget those breakthrough ideas when he wakes up. So, he devised a method to write down the story ideas he gets in his dreams. He would write down the great story idea on a piece of paper as soon as he had the dream. The next day he woke up, and checked the piece of paper. It simply read: “Boy meets girl”.

Avoid similar situations. Think over an idea for at least a couple of days. If you still find it great, move forward.

Courage

Courage is often an under-rated virtue of successful people. No matter how great your idea is, and how suitable your genes are for running a business, you will face obstacles on the path. That is a certainty. You need courage to stand up and stare those obstacles on the eye. You need courage for not to quit. You need courage to find a way past it.

Hard work

A number of people often confuse hard work for the maniac zeal some people have for doing something. They write programmes day in, day out; they try to sell their outdated products that nobody wants. No amount of hard work in flogging can wake up a dead horse. Hard work means smart work.

You can understand it if you follow tennis matches. The great champions, Federer, Nadal, Sampras … they don’t win every point, not even every game. They win the crucial points, crucial games, or the crucial moments. That is why you need to put in hard work to win at the crucial stages of the business.

Plain luck

Many successful people will object to this point in private. They may declare in public that they are lucky. But deep inside their mind, they tend to believe that they make their own luck. It may be partially true. You will have to do something to be at the path of Lady Luck. Still, you need a bit of luck. Otherwise, you cannot succeed in running your own business and stay on top.

Were George W. Bush and Roman Abramovich lucky? Yes, perhaps. But they had the courage and they worked smartly to realize their ideas.

Now you can forgive their dumb talk, can’t you?

Zoltan "Hawkie" Tundik

With an experience of over 8 years in the online gambling industry, as an affiliate, later affiliate manager and consultant, I consider myself a veteran of the industry and can guarantee that you will be served with the most accurate information.

Prague Gaming & TECH Summit 2025 (25-26 March)

Conferences

We are sponsoring the prizes at ASEAN Gaming Summit Poker Freeroll

Published

7 years ago

December 19, 2017

Zoltan "Hawkie" Tundik

We are excited to announce our first event sponsorship and we would like to thank our friends at All-In Translations for the opportunity and initiative. As a strategic partner of Asia Gaming Brief (organizers of ASEAN Gaming Summit), the honor is even higher. (see EEGMedia/EEGEvents engages in strategic partnership with Asia Gaming Brief)

It was great to see that All-in Translations will once again host the official poker tournament of the ASEAN Gaming Summit in March and we want to make it even more interesting for the players by giving some prizes on behalf of our company.

The tournament is a freeroll for delegates attending the conference and we will be sponsoring the prize pool with no less than three packages of great value.

Prize 1 (worth $1600): 1 Seasonal ticket for a company representative which includes access to 5 EEGEvents in 2018.

Prague Gaming Summit – 29.03.2018
Mare Balticum Gaming Summit – 08.05.2018
Vienna International Gaming Expo – 30.05 – 01.06.2018
Central and Eastern European Gaming Conference and Awards– 25-26.09.2018
European Gaming Congress – 16.10.2018

The ticket includes access to the conference/seminar, complimentary lunch and access to all networking sessions.

More details about the events can be found on the official landing page of the events division: www.eegevents.org

Prize 2 (worth $550): Tickets for 2 EEGEvents in 2018 for a company representative.

The winner can choose from the above list of events.

Prize 3 (worth $900): Featured radio spot for 3 months and interview on iGaming Radio

The player who wins this gets the opportunity to present the company with a radio spot which will be streamed during peak hours on iGamingRadio.com. The radio spot can be created by the representative’s team or by the team at the first online radio dedicated exclusively for the b2b sector of the online gambling industry. A selected representative will also get the chance to take part in the Innovation Talks monthly show and discuss the latest innovation in the industry.

As you may already iGaming Radio is the first online radio streaming gaming related news exclusively through daily shows, interviews and press releases. The aim of the station is to keep its audience connected 24/7 with the online gaming industry by playing awesome music and serving the news first hand.

You can tune in on www.igamingradio.com

About ASEAN Gaming Summit

TECH TRENDS, CONVERGENCE, STRATEGY, RETURN ON INVESTMENT
20-22 MARCH, 2018, CONRAD MANILA, PHILIPPINES

The ASEAN Gaming Summit draws together the region’s leading operators, regulators and suppliers, who are successfully developing the next generation of gaming offerings, both terrestrial and online.

From new-style integrated resorts, addressing the premium mass market, to sports betting innovations and online gaming, this event is for anyone with an interest in this dynamic region.

Mark your calendars for 20 -22 March, 2018.

For any questions about the 2018 conference, send an email to [email protected] or visit the official website www.aseangaming.com

About All-In Translations

All In Translations is the only Language Service provider offering such a large variety of languages (70+) combined with a true enthusiasm for iGaming, hence their slogan “We speak your iGaming language”.

They are now a market-leading provider of language services to the iGaming industry. Their high-quality standards and service level are ISO certified and trusted by several of the biggest platform providers, developers, operators and affiliate marketers. The team helps companies like Playtech, William Hill, Betfair, Microgaming, Interblock, Betsson and many more to boost their online presence and grow their brands internationally.

The subject of iGaming has been their bailiwick since the company started up in Malta in 2008, meaning that all their linguists and project managers have both a strong knowledge of and a genuine passion for casino games, poker, sports betting, lotto, bingo, trotting, backgammon, roulette and more.

Visit their official website for more details: www.allintranslations.com

News

European regulators to ban binary options and crackdown on spread betting

Published

7 years ago

December 18, 2017

Zoltan "Hawkie" Tundik

European regulators revealed plans to outlaw one of the most popular trading products available to the public.

The European Securities and Markets Authority (ESMA) wants to ban the sale of binary options to retail clients.

The prohibition is part of a wider clampdown on the spread betting sector that would also see contracts for differences leverage (CFD) limits – the amount of risk/reward a retail investor can expose themselves to – dramatically reduced.

One year ago, City watchdog the Financial Conduct Authority (FCA), surprised the spread betting sector by unveiling its own plans to protect retail investors. A number of other European regulators followed suit and during this summer the matter was passed onto ESMA, so changes could be imposed Europe-wide.

ESMA said it will conduct “a brief public consultation in January 2018” on its plans. Once put in place, it would be the first time ESMA has used so-called “intervention powers” in financial markets.

The changes may come as a blow to some spread betting firms, which have booked bumper profits during 2017.

Others, of which CMC Markets has been very vocal on several occasions, believe the clampdown will help business by forcing rivals that focus on “lower-value” customers out of business.

EEG iGaming Directory

William Hill airs concerns over NYX-Scientific Games deal

Published

7 years ago

November 10, 2017

George Miller

William Hill has said that it is to consider its options regarding Scientific Games’ proposed acquisition of NYX Gaming Group.

In September, Scientific Games agreed to acquire NYX for approximately CAD$775m (€525m/US$609.2m), in a deal it said would lead to the creation of a “global digital gaming and lottery powerhouse”.

However, William Hill has now said it will look in detail at the deal in regards to contractual rights it obtained when it enabled NYX to purchase OpenBet.

William Hill said “no decision has been made at this time” and, despite reports, “refutes in the strongest terms that any anti-competitive measure have been requested or is being demanded”.

The company added: “William Hill confirms that it has issued a conversion notice to convert its holding of convertible preference shares and has commenced legal action in order that it may also vote such shares at the special meeting of shareholders.

“William Hill does not wish to make any further comment on those proceedings at this time, other to confirm that it will continue to act in the best interests of its shareholders.”

William Hill owns and controls 6,800,000 ordinary shares of NYX and £80m of preference shares of NYX Digital Gaming, an indirect wholly-owned subsidiary of NYX.

Theses shares are initially convertible into approximately 40,723,339 ordinary shares of NYX, based on an initial conversion price of CAD$3.67 per ordinary share.