Archives November 2024

Stretch Network and Vivaro.US Collaborate to Improve Poker Services

Stretch Network has officially announced a new strategic partnership with Vivaro.US, a social casino platform. This collaboration is designed to bring ingenious poker operations to a wider audience in the USA, reinforcing Stretch Network’s commitment to expanding its reach in the growing digital market.

Ruslan Bangert, Head of Stretch Network, expressed his enthusiasm for the partnership, stating, “We’re thrilled to partner with Vivaro.US. This collaboration aligns with our goal to innovate and expand in the dynamic world of poker.

The partnership also marks an important milestone for Vivaro.US, allowing the platform to elevate its poker capabilities. Hovhannes Minasyan, COO of Vivaro.US, shared, “This collaboration with Stretch Network enables us to elevate our poker offerings and provide an even more immersive and secure environment for our players.”

“Our partnership with Stretch Network represents an important step in enhancing our poker capabilities and strengthening our platform’s offerings,” said Artak Basoyan, CEO at Vivaro.US.

With a growing presence in the USA through Vivaro.US, Stretch Network is well-positioned to deliver poker experiences to an even broader audience.

The collaboration is expected to drive player engagement and increase opportunities for both companies, highlighting Stretch Network’s ability to adapt and grow in a competitive digital entertainment market.

 

Stretch Network, a leading provider of online gaming solutions, has announced a collaboration with Vivaro.US, a prominent online poker platform, to enhance the poker services offered to players. This partnership aims to combine the strengths of both companies to create a more immersive and enjoyable gaming experience for poker enthusiasts.

Stretch Network is known for its innovative approach to online gaming, offering cutting-edge technology and a user-friendly interface. With a focus on providing high-quality games and exceptional customer service, Stretch Network has quickly become a trusted name in the industry. By teaming up with Vivaro.US, a company with a strong reputation for its poker offerings, Stretch Network hopes to further solidify its position as a leader in the online gaming market.

Vivaro.US brings years of experience in the online poker industry, with a diverse range of games and features that cater to players of all skill levels. By collaborating with Stretch Network, Vivaro.US aims to leverage the latest technology and gaming trends to enhance its poker services and provide players with an unparalleled gaming experience.

One of the key goals of this collaboration is to improve the overall player experience by offering a wider range of games, enhanced graphics, and improved functionality. By combining their resources and expertise, Stretch Network and Vivaro.US hope to attract new players and retain existing ones by providing them with a more engaging and rewarding gaming experience.

In addition to enhancing the gaming experience, the collaboration between Stretch Network and Vivaro.US also aims to improve player safety and security. Both companies are committed to ensuring that players can enjoy their favorite games in a safe and secure environment, free from any potential threats or risks.

Overall, the partnership between Stretch Network and Vivaro.US represents an exciting development in the online poker industry. By combining their strengths and resources, these two companies are poised to take the gaming experience to new heights and provide players with an unparalleled level of entertainment and enjoyment. Poker enthusiasts can look forward to a host of new features and improvements as a result of this collaboration, making it an exciting time to be a part of the online poker community.

Endeavor reveals plans for management buyout of Openbet and IMG arena

Endeavor Group Holdings, global sports and entertainment company, has announced that it has agreed to sell OpenBet and IMG ARENA to OB Global Holdings LLC in a management buyout backed by Ariel Emanuel with participation from executives of OpenBet, including CEO Jordan Levin.

Levin said: “This management buyout allows us to continue executing our vision for increased market expansion and product innovation. Our group is extremely confident in OpenBet’s future considering the premium product offering, superior talent, and solid foundation we already have in place following a strong period of business growth.”

Under the terms of the transaction, OB Global Holdings will acquire the businesses for approximately $450 million, subject to certain adjustments, financed through a mix of cash and debt.

During the sign-to-close period and after closing, Endeavor will continue to market IMG ARENA for sale to a third-party purchaser.

OpenBet powers responsible betting and gaming entertainment for more than 200 market leading operators around the globe. Following close of the transaction, Levin will continue to lead the business as CEO.

The transaction is being pursued, and is a necessary step, for the closing of the proposed Endeavor take-private by Silver Lake. The transaction is subject to customary closing conditions, including approvals required under applicable gaming regulatory authority, and is conditioned on and expected to close immediately prior to the closing of the Endeavor take-private.

Oakvale Capital LLP and The Raine Group acted as financial advisors to Endeavor.

 

Endeavor, a global entertainment, sports, and content company, has recently announced its plans for a management buyout of Openbet and IMG Arena. This move comes as part of Endeavor’s strategy to expand its presence in the sports betting and gaming industry.

Openbet is a leading provider of software and services for the sports betting industry, while IMG Arena is a division of IMG that specializes in providing sports data and content to betting operators. By acquiring these two companies, Endeavor aims to strengthen its position in the rapidly growing sports betting market.

The management buyout of Openbet and IMG Arena will allow Endeavor to have greater control over the operations and strategic direction of these companies. This move also demonstrates Endeavor’s commitment to investing in the sports betting industry and leveraging its expertise in entertainment and content to drive growth in this sector.

Endeavor’s CEO, Ari Emanuel, commented on the acquisition, stating that “We see tremendous potential in the sports betting market and believe that Openbet and IMG Arena are well-positioned to capitalize on this opportunity. By bringing these companies under the Endeavor umbrella, we can leverage our resources and expertise to drive innovation and growth in this space.”

The management buyout of Openbet and IMG Arena is expected to be completed in the coming months, pending regulatory approval. Once finalized, Endeavor plans to integrate these companies into its existing portfolio of businesses, creating a comprehensive offering for sports betting operators and fans alike.

Overall, the acquisition of Openbet and IMG Arena by Endeavor represents a significant development in the sports betting industry. With Endeavor’s resources and expertise backing these companies, we can expect to see exciting new innovations and opportunities emerge in the world of sports betting in the near future.

Hollywoodbets teams up with Booming Games to offer exciting new gaming options

Booming Games has announced a significant collaboration with Hollywoodbets, one of the largest operators in Africa. The South African online gaming market is one of the world’s most exciting and rapidly emerging regulated markets.

This tier-one partnership will allow Booming Games to provide its entire portfolio of slot games, ensuring a broad and engaging selection for players. Among the top-performing titles included are Ronaldinho Spin, Burning Classics, Gold Gold Gold 5000, TNT Bonanza 2, and Cash Pig. Both companies are confident that this partnership will bring unparalleled gaming experiences to the South African market.

Solomon Godwin, Head Africa at Booming Games, said: “South Africa, a robust market on the continent, offers tremendous opportunities for Booming Games. Partnering with a top-tier operator like Hollywoodbets enhances this potential. Hollywoodbets exemplifies the tier-one client we seek to support our growth ambitions in the region, and we are thrilled to collaborate with them.”

Wayde Dorkin, Head of Product at Hollywoodbets, said: “We are excited to partner with such a progressive slots provider. We expect our customers to take well to Booming Games and are planning to launch some of their groundbreaking new content exclusively in South Africa.”

Hollywoodbets, a leading online betting platform, has recently announced a partnership with Booming Games, a prominent game developer in the iGaming industry. This collaboration is set to bring a whole new level of excitement to the platform, offering players a wide range of innovative and entertaining gaming options.

Booming Games is known for its high-quality and engaging slot games, which are sure to appeal to Hollywoodbets’ diverse player base. With a focus on creating visually stunning and immersive gaming experiences, Booming Games has quickly become a favorite among online casino enthusiasts.

Through this partnership, Hollywoodbets will be able to offer its players access to a selection of Booming Games’ most popular titles, including fan-favorites like Aztec Palace, Booming Seven Deluxe, and VIP Filthy Riches. These games are known for their exciting bonus features, impressive graphics, and high payout potential, making them a perfect addition to Hollywoodbets’ already impressive lineup of games.

In addition to slot games, the partnership will also see the introduction of other types of casino games from Booming Games, such as table games and scratch cards. This will give players even more variety and choice when it comes to their gaming experience on the platform.

Both Hollywoodbets and Booming Games are excited about the opportunities that this partnership will bring. By combining Hollywoodbets’ reputation for excellence in the online betting industry with Booming Games’ expertise in game development, players can expect nothing but the best in terms of quality and entertainment.

Players can look forward to experiencing these new gaming options in the coming weeks, as Hollywoodbets begins to roll out the new games on its platform. With a wide range of titles to choose from and the promise of exciting new releases on the horizon, Hollywoodbets players are sure to be in for a treat.

Overall, this partnership between Hollywoodbets and Booming Games is set to take the online gaming world by storm, offering players a fresh and exciting new way to enjoy their favorite casino games. Whether you’re a seasoned player or new to online betting, there’s something for everyone to enjoy with these new gaming options.

The Rt Hon Stuart Andrew MP, Former Gambling Minister, to Speak at Bacta’s Annual Convention

The former Gambling Minister the Rt Hon Stuart Andrew MP who was named Shadow Secretary of State for Culture, Media & Sport in Kemi Badenoch’s top team has agreed to speak at the forthcoming Bacta Annual Convention which is taking place on Thursday 28 November.

Bacta members are on course to be at the 2024 Convention in record numbers based on the number of pre-event registrations received for the high-profile industry event.

With three weeks to go registrations are ahead of the same stage last year with members responding positively to Bacta’s ‘Going for Growth’ theme set against the new political landscape punctuated by Labour’s landslide General Election victory in July and November’s election of Kemi Badenoch as Leader of the Conservative Party. The confirmed attendance of the former Gambling Minister is likely to accelerate registrations.

Looking ahead to Convention George McGregor Bacta’s Executive Director (Government Relations) said: “First of all I am delighted that Stuart Andrew who oversaw the White Paper only to see it paused by July’s snap general election has agreed to join us at our Annual Convention. Members are responding in great numbers to both the Parliamentary Reception which is officially at full-capacity and to the Convention taking place the following day.”

He added: “Our keynote speakers which will include Stuart Andrew will feature in a panel which will explore amongst other topics the dynamics of the relationship between the industry and government, the fate of the White Paper and how we can collectively determine a future in which gaming operators are not expected to wait over a decade before they can raise their prices!”

He continued: “The Annual Convention is an important benefit of Bacta membership. It represents an invaluable opportunity to network with colleagues and quiz the politicians and officials who play such an important role in determining the future of an industry which pays an estimated £270 million in tax and contributes £1.9 billion to UK GDP.

The Rt Hon Stuart Andrew MP, former Gambling Minister, is set to speak at Bacta’s Annual Convention this year. The convention, which is organized by the British Amusement Catering Trade Association (Bacta), brings together industry professionals, policymakers, and stakeholders to discuss key issues facing the amusement and gaming sector.

Stuart Andrew served as the Gambling Minister from July 2019 to September 2021, during which time he oversaw the government’s efforts to regulate the gambling industry and protect consumers. His tenure was marked by a focus on responsible gambling and the implementation of new measures to prevent harm from gambling.

At Bacta’s Annual Convention, Stuart Andrew is expected to share his insights on the challenges and opportunities facing the gambling industry, as well as his experiences as Gambling Minister. His speech is likely to touch on topics such as regulatory reform, consumer protection, and the future of the gambling sector in the UK.

The convention will also feature panel discussions, workshops, and networking opportunities for attendees to engage with industry leaders and experts. Topics on the agenda include the impact of Covid-19 on the amusement and gaming sector, technological innovations in gaming machines, and the role of trade associations in shaping industry policy.

Bacta’s Annual Convention is a must-attend event for anyone involved in the amusement and gaming sector, providing valuable insights and networking opportunities for industry professionals. The addition of Stuart Andrew as a speaker further enhances the convention’s appeal, offering attendees a unique opportunity to hear from a former Gambling Minister on key issues facing the industry.

Overall, Bacta’s Annual Convention promises to be a valuable and informative event for all those with an interest in the amusement and gaming sector. With Stuart Andrew set to speak, attendees can expect to gain valuable insights into the future of the industry and the challenges it faces in the years ahead.

Recap of the G2E Show 2024 in Las Vegas

The Global Gaming Expo (G2E) in Las Vegas is over for another year, and Alfastreet is buzzing with excitement about the show. We had a great time presenting our latest products, connecting with business partners, and exchanging ideas with industry leaders.

At this year’s show, we debuted our V-line, a new series of gaming machines designed to elevate the player experience. The V-line features a modern design, premium materials, and customizable options, making it adaptable to various casino setups.

The eye-catching Game-pods, immersive add-ons for standalone terminals, and our modular multi-station machines were particularly popular. The overall response was overwhelmingly positive, with attendees praising our products’ aesthetics and functionality.

Alfastreet is committed to providing top-quality gaming solutions for casinos of all sizes. Our machines are reliable, easy to use and maintain, and designed to maximize player engagement. With our focus on cutting-edge technology, outstanding customer support, and sustainable growth, we’re well-positioned to meet the evolving needs of the gaming industry.

In the future, we aim to expand the V-line series and modernize our classic products to align with the contemporary style of our new line. We’re also working on broadening our game portfolio with fresh content.

If you missed G2E, don’t worry! We’re happy to provide you with more information about our most recent offer, including the groundbreaking V-Line.

We’re already looking forward to seeing you at G2E next year, October 7-9!

The Global Gaming Expo (G2E) is one of the largest and most important trade shows in the gaming industry, bringing together professionals from all sectors of the gaming world to showcase the latest products, technologies, and trends. The 2024 edition of the G2E show in Las Vegas was no exception, drawing thousands of attendees from around the world to experience the cutting-edge innovations on display.

One of the key themes of this year’s show was the continued evolution of technology in the gaming industry. From virtual reality and augmented reality experiences to the latest advancements in mobile gaming, exhibitors at G2E 2024 showcased a wide range of innovative products designed to enhance the gaming experience for players and operators alike. Virtual reality casinos, in particular, were a major highlight of the show, with companies demonstrating how this technology can create immersive and engaging gaming environments for players.

Another major trend at G2E 2024 was the growing importance of sustainability and social responsibility in the gaming industry. With increasing awareness of environmental issues and social impact, many exhibitors at the show highlighted their efforts to reduce their carbon footprint, promote responsible gaming practices, and give back to their communities. From eco-friendly gaming equipment to charitable initiatives, companies at G2E 2024 showed a commitment to making a positive impact on society.

In addition to technology and sustainability, G2E 2024 also featured a wide range of educational sessions and networking opportunities for attendees. Industry experts led discussions on topics such as regulatory updates, market trends, and best practices for casino operators, providing valuable insights for professionals looking to stay ahead in a rapidly changing industry. Networking events and social gatherings also allowed attendees to connect with colleagues, partners, and potential clients, fostering new relationships and collaborations.

Overall, the 2024 edition of the G2E show in Las Vegas was a resounding success, showcasing the latest innovations, trends, and best practices in the gaming industry. With a focus on technology, sustainability, and education, the show provided valuable insights and opportunities for professionals looking to navigate the ever-evolving landscape of the gaming world. As the industry continues to grow and evolve, events like G2E play a crucial role in bringing together key players and driving innovation in the gaming industry.

ECA and AGEM praise establishment of Association Assembly at ICE Barcelona

The news that January’s ICE Barcelona will include a major new feature dedicated to global gaming’s most influential trade associations has been welcomed by organisations in Europe and abroad.

Making full use of the additional space at the Gran Via Fira de Barcelona, the first ICE Association Assembly has been created to enable trade bodies to promote their values and create new opportunities for the gaming community across every sector and geography, including both the Brussels-based European Casino Association (ECA) and the Association of Gaming Equipment Manufacturers (AGEM), the global trade association for gaming equipment suppliers with its primary headquarters in Las Vegas.

Erwin Van Lambaart, Chair of the ECA confirmed: “Our members are already planning their week in Barcelona and they will be at this historic edition of ICE in great numbers. ICE is a pivotal event for the global gaming community and having a show floor feature which will enable us to engage directly with all sectors is a unique opportunity.

“Traditionally, our association’s involvement at ICE and its Conference program has primarily centred around networking and product development orientation—connecting with our members, regulators, suppliers, and fellow trade bodies. However, ICE 2025 marks a significant milestone. For the first time, the ECA will have the chance to fully interface with the global industry supply chain in its entirety. We are looking forward to this unique opportunity to articulate our vision for the future to a diverse and comprehensive audience, where innovation, responsibility and significant partnerships for guest and customer centricity will have centre stage.”

Daron Dorsey, CEO of AGEM added: “We represent the interests of our gaming suppliers whose well-known brands are global in reach, so to be given the opportunity to explain our agenda and engage with what is a truly international audience of association colleagues on the ICE show floor is invaluable.”

January’s editions of ICE and iGB Affiliate will occupy 120,000sqm of space compared to the 100,00sqm at ICE 2024. In a major endorsement of the opportunities offered by the relocation to Barcelona 72% of the 25 biggest exhibitors will have an increased stand presence at ICE 2025.

For more information and to register: https://www.icegaming.com

This is a press release posted in addition to our usual editorial content.

The European Casino Association (ECA) and the Association of Gaming Equipment Manufacturers (AGEM) have recently praised the establishment of the Association Assembly at ICE Barcelona. This new initiative aims to bring together key stakeholders in the gaming industry to discuss important issues and drive positive change within the sector.

The Association Assembly, which was launched at the ICE Barcelona conference in October, will serve as a platform for industry leaders to collaborate and share knowledge on a wide range of topics, including regulatory challenges, technological advancements, and responsible gaming practices. The assembly will also provide a forum for members to network and build relationships with other industry professionals.

ECA Chairman Per Jaldung expressed his enthusiasm for the new initiative, stating that “the Association Assembly will play a crucial role in shaping the future of the gaming industry in Europe.” He emphasized the importance of collaboration among industry stakeholders in order to address the challenges facing the sector and drive innovation.

AGEM Executive Director Marcus Prater echoed Jaldung’s sentiments, noting that the Association Assembly will provide a valuable opportunity for members to come together and work towards common goals. He highlighted the importance of fostering a sense of community within the gaming industry and leveraging collective expertise to drive positive change.

The establishment of the Association Assembly at ICE Barcelona represents a significant step forward for the gaming industry, as it will provide a platform for industry leaders to come together and collaborate on key issues. By working together, ECA and AGEM hope to drive innovation, promote responsible gaming practices, and ensure the continued success of the gaming industry in Europe.

Overall, the establishment of the Association Assembly at ICE Barcelona is a positive development for the gaming industry, as it will provide a valuable platform for industry stakeholders to collaborate and drive positive change within the sector. ECA and AGEM’s praise for this new initiative underscores the importance of collaboration and cooperation among industry leaders in order to address key challenges and drive innovation within the gaming industry.

Exploring the Versatility and Efficiency of Spaces

The CONCEPT cabinet line has been designed to maximize space in casinos, adapting to any configuration. Its efficient design allows for different bank arrangements, making the most of the available area. This gives operators greater flexibility in organizing their gaming floor. Additionally, the integrated LED strips in CONCEPT eliminate the need for extra signs or wedges, creating a sleek and attractive visual at all times.

 

Want to know more? Stay tuned for our upcoming videos!

CONCEPT: BRIGHTER. BOLDER. BETTER.

This is a press release posted in addition to our usual editorial content.

In today’s fast-paced world, the need for versatile and efficient spaces has never been more important. Whether it’s in our homes, offices, or public spaces, the ability to adapt and maximize the use of our surroundings is essential for productivity, creativity, and overall well-being.

One of the key benefits of versatile spaces is their ability to serve multiple functions. For example, a room in a home can be used as a living room during the day and easily transformed into a guest bedroom at night with the use of a sofa bed or murphy bed. This flexibility allows for better utilization of space and can help maximize the functionality of a room.

In office settings, versatile spaces can be used to accommodate different types of work activities. Open floor plans with movable furniture and partitions can create collaborative work areas for team projects, while private meeting rooms or quiet pods can provide spaces for focused individual work. This adaptability allows employees to choose the environment that best suits their needs at any given time, leading to increased productivity and job satisfaction.

Public spaces can also benefit from versatility and efficiency. For example, a park that is designed with multipurpose areas can host a variety of events such as concerts, farmers markets, or fitness classes. This not only enhances the community’s quality of life but also promotes social interaction and engagement.

Efficiency is another important aspect of versatile spaces. By optimizing the layout and design of a space, resources such as energy, materials, and time can be used more effectively. For example, incorporating natural light and ventilation into a building design can reduce the need for artificial lighting and heating, leading to cost savings and environmental benefits.

In conclusion, exploring the versatility and efficiency of spaces is crucial in today’s world. By creating environments that can adapt to different needs and functions, we can make better use of our resources, improve productivity and creativity, and enhance our overall well-being. Whether it’s in our homes, offices, or public spaces, the benefits of versatile spaces are clear – they allow us to live, work, and play in environments that are tailored to our needs.

Join 1xBet at SiGMA Europe 2024

Global bookmaker 1xBet has announced its participation in SiGMA Europe 2024, a prestigious forum for iGaming industry representatives, taking place from November 11 to 14 at the Mediterranean Maritime Hub in Malta. At booth 2154, the 1xBet team will welcome guests, share valuable insights on market prospects, and present the opportunities of the 1xPartners affiliate program.

The booth visitors can expect a relaxed atmosphere, cocktails, and entertainment, including digital football and a reaction desk. Among our partners, we will be drawing branded gifts: FC Barcelona jerseys, customised AirPods, Nintendo gaming consoles, and Nike Air Force sneakers. And that’s not all, everyone will have a chance to win an iPhone 16 Pro Max, iPad Pro, AirPods Max, Apple Watch Series 10, and a Yamaguchi Air Travel pillow. Participants can also win VIP tickets to the Paris Saint-Germain vs FC Barcelona match. The draws will occur on November 12, 13, and 14, and a Polaroid photo zone will be set up for memorable pictures.

“We look forward to meeting with partners to share experiences and discuss potential collaborations. Our team has prepared a top-level product presentation,” said a 1xBet representative.

The 1xPartners program is rightly considered one of the best in the industry, bringing together over 100,000 partners who attract more than 3,000,000 users to the brand’s platform.

Contact your 1xBet manager to schedule a meeting and seize new opportunities for business growth! See you at SiGMA Europe 2024!

This is a press release posted in addition to our usual editorial content.

1xBet, one of the leading online betting and gaming companies, is set to make a big splash at SiGMA Europe 2024. SiGMA, which stands for Summit of iGaming Malta, is one of the largest and most prestigious events in the iGaming industry, bringing together professionals from all over the world to discuss the latest trends and innovations in the sector.

1xBet has been a major player in the online betting and gaming industry for years, offering a wide range of sports betting options, casino games, and other exciting products to its customers. The company is known for its innovative approach to online gaming, constantly pushing the boundaries of what is possible in the industry.

At SiGMA Europe 2024, 1xBet will be showcasing its latest products and technologies, giving attendees a firsthand look at what sets them apart from the competition. From their cutting-edge mobile app to their live betting platform, 1xBet has something for everyone, whether you’re a seasoned bettor or a casual player looking for some fun.

In addition to showcasing their products, 1xBet will also be hosting a series of workshops and seminars at SiGMA Europe 2024, giving attendees the opportunity to learn from some of the brightest minds in the industry. Whether you’re interested in learning more about the latest trends in online gaming or want to improve your betting strategy, there will be something for everyone at 1xBet’s events.

But perhaps the biggest draw for attendees at SiGMA Europe 2024 will be the chance to join 1xBet’s exclusive VIP program. As a VIP member, you’ll have access to a range of special perks and benefits, including personalized customer service, exclusive promotions, and invitations to VIP events around the world. It’s a great way to take your online gaming experience to the next level and truly immerse yourself in the world of 1xBet.

So if you’re attending SiGMA Europe 2024 and want to take your online gaming experience to the next level, be sure to stop by 1xBet’s booth and see what they have to offer. With their innovative products, top-notch customer service, and exclusive VIP program, 1xBet is sure to make a big impression at this year’s event.

GeWeTe CEO Marks 25 Years in Leadership Role

Aristidis Tsikouras, CEO of GeWeTe celebrated 25 years of service with the Merkur Group on 1 November. Based in Troisdorf,  Tsikouras started his career in 1999 as a field sales representative for adp Merkur. In 2003, he was appointed head of sales of GeWeTe Geldwechsel- und Sicherheitstechnik GmbH in Mechernich, in which role he was responsible for planning, management and control of operations in the areas of project management, sales and graphic design/trade fair. In 2006, he was granted general commercial power of representation (Prokura) and in 2008 he joined the executive management as director of sales. From mid-2013, he was responsible for all corporate functions except for development and quality management in his role of Managing Director.

Since 2019 the 52-year-old is the sole Managing Director of the money management specialist. “I have always felt a great sense of trust at the Merkur Group,” said Tsikouras. “Early on, I was given the opportunity to take responsibility for staff and to run a company. For that, I am very grateful.”

In his position of Managing Director, the jubilarian takes care of the operating and strategic management of GeWeTe in consultation with the Management Board of the Merkur Group. His duties also include representing the company nationally and internationally to customers and business partners as well as final planning, management and control of all business processes. The development and implementation of national and international product and market strategies are also within his remit. He is proud not only of GeWeTe’s market leadership in Germany but also the effective internationalisation of the company and its successful US market entry.

“Enjoying my work has always been important to me – and I still enjoy it as much as I did 25 years ago,” said Mr Tsikouras. “The Management Board and entrepreneurial family have always given me encouragement and support. I would also like to thank my GeWeTe colleagues at home and abroad, who have been doing great work for decades.” The 52-year-old is married and has two children. Outside of work, he plays sport and is a fan of 1. FC Köln football club.

The entrepreneurial family, Board and management of Merkur.com AG congratulate Mr Tsikouras on his jubilee and thank him for his excellent service.

This is a press release posted in addition to our usual editorial content.

GeWeTe, a leading provider of cash handling solutions for the gaming and amusement industry, is celebrating a major milestone this year as their CEO, Aristidis Tsikouras, marks 25 years in his leadership role. Tsikouras has been at the helm of the company since 1996, guiding it through significant growth and success over the years.

Under Tsikouras’ leadership, GeWeTe has become a trusted name in the industry, known for their innovative products and exceptional customer service. The company’s cash handling solutions are used in casinos, arcades, and other gaming establishments around the world, helping businesses streamline their operations and improve efficiency.

Tsikouras’ dedication to excellence and commitment to customer satisfaction have been key factors in GeWeTe’s success. He has worked tirelessly to ensure that the company’s products meet the highest standards of quality and reliability, earning the trust and loyalty of customers worldwide.

In addition to his leadership at GeWeTe, Tsikouras is also actively involved in industry associations and events, sharing his expertise and insights with others in the gaming and amusement sector. His contributions have helped shape the industry and drive innovation in cash handling technology.

As GeWeTe celebrates this important milestone, Tsikouras reflects on the company’s journey and looks forward to continued success in the years to come. He credits his dedicated team of employees for their hard work and commitment to excellence, and expresses gratitude to customers for their continued support.

As GeWeTe continues to grow and expand its reach, Tsikouras remains focused on driving innovation and delivering value to customers. With his leadership and vision, the company is well-positioned for continued success in the future. Congratulations to Aristidis Tsikouras on 25 years of outstanding leadership at GeWeTe!