GAN, a major B2B technology provider of gaming solutions, decided to put its interim CEO, Seamus McGill, at the helm of the company, this time permanently. As the company’s new CEO, McGill will be tasked with overseeing the looming merger with Sega Sammy.

McGill was named interim CEO in September 2023, succeeding Dermot Smurfit who stepped down from the position. Prior to this appointment, McGill served as chairman of GAN’s board of directors.

GAN’s new CEO boasts robust experience in the tech and gaming sectors and is a suitable appointment to the company’s C-suite. He boasts some 25 years of experience within technology and gambling, having served a variety of influential companies across several countries and continents.

The appointee’s impressive track record includes tenures at Aristocrat, Cyberview Technology, JOINGO, Mikohn Gaming and WMS Gaming.

McGill joined GAN’s board back in April 2014, meaning that he now has a solid decade-long experience with the company’s business. His reliable expertise is sure to provide the company with an edge when it comes to its future endeavors.

In addition to serving as CEO, McGill will continue to be a part of the company’s board of directors.

McGill Thanked the Board for Its Confidence

GAN’s current chair, David Goldberg, welcomed McGill as permanent CEO, saying that his expertise and leadership abilities made him the “most qualified candidate” to be the firm’s new leader.

Seamus has been with the Company since 2014 and has a deep understanding of GAN’s products, customers, and strategy. On behalf of the entire board of directors, I’d like to congratulate Seamus on his appointment and we look forward to his success.

David Goldberg, chair, GAN

McGill commented on his new position, saying that he is honored to be named GAN’s CEO. McGill extended thanks to Goldberg and the rest of the board for their confidence.

Going forward, our focus remains unchanged. We remain committed to a timely closing of our transaction with Sega Sammy to maximize value for all of our stakeholders.

Seamus McGill, CEO, GAN

Speaking of the Sega Sammy merger, the transaction was just approved by GAN’s shareholders, despite an ongoing legal challenge from several disgruntled plaintiffs.

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The Royal Caribbean Group, which is the parent company of the Royal Caribbean and Celebrity Cruises companies, has been tinkering with the idea of merging its operations under the same loyalty program.

Blue Chip Club Earning Period Extended, But Why?

As things stand, Royal Caribbean Cruises allows customers to participate in its signature Club Royale rewards program but hop over to Celebrity Cruises and you will be rolled into Blue Chip Club.

This means opportunity lost for consumers who have been otherwise very happy with the experience they receive on both cruises, including onboard casinos featuring slot and table games, as well as smoke-free areas.

The extension of the Blue Chip Club program could signal an early decision by the parent group to heed the call of its customers and indeed advance with a decision to merge the two loyalty programs, or at least connect them so consumers can benefit freely jumping from one cruise to the next.

Royal Caribbean has already announced that it will be extending and developing its casinos, seeing them as an important part of the overall experience, and a good hook to attract new customers, reactivate dormant ones, and generally continue to be a good entertainment option.

Some of the major updates have been an expansion of the existing square footage of gaming floors, but also the addition of progressive jackpots which have become a hit with players who seem to be tempted by the prospect of escaping on a cruise where they can try their hand at a progressive jackpot.

The Time for a Loyalty Program Merge May Finally Be Here

It’s not just that though as rewards programs have become very important in light of this heightened interest in the group’s cruises, and merging the two would be a smart business decision, even if on the face of it, the two brands want to maintain their relevant autonomy and independence.

Their internal competition is not likely to hurt either party, though, as consumers would just be able to use their loyalty points freely, nurturing even stronger brand loyalty, and driving attention to the growing segment of on-site casino gaming.

Although speculation at the present moment, expanding the Blue Chip Club earning period could be a way to carry over the points into a merged program moving forward, which would boost brand loyalty

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US Integrity and Odds On Compliance, two of the biggest sports betting and gambling compliance companies, have announced a monumental merger that will bring them under the same banner. The merger will allow the two parties to form the industry’s first global compliance and integrity solution.

US Integrity is a technology-driven sports wagering monitoring company that supplies clients with solutions that protect them from betting-related fraud. Odds On Compliance, on the other hand, excels in providing gambling and betting operators across Europe and the Americas with compliance solutions and consulting.

By joining forces, the two companies will bring together two experienced and talented teams with years of experience in the sector. This will allow the resulting body to better address the compliance needs of the ever-evolving gambling industry.

According to the announcement, the new company will have a wider geographic reach and will continue delivering tailored and innovative solutions that help operators succeed sustainably.

The merger deal is expected to close in October 2023 and is still subject to shareholder and regulatory approvals.

The Two Companies Are Looking Forward to Working Together

Following the merger, Odds On Compliance’s chief executive officer, Eric Frank, will be appointed as President of the newly formed company. Commenting on the agreement, he said that the merger attests to the two companies’ commitment to helping gambling operators navigate the complex regulatory landscape.

This fusion of strengths will enable us to offer a comprehensive suite of compliance and integrity technology products and services.

Eric Frank, CEO, Odds On Compliance

Meanwhile, Matt Holt, US Integrity’s chief executive officer, will re-assume CEO responsibilities at the combined company. He also shared his thoughts on the tie-up, expressing his excitement.

We are thrilled to unite the strengths of U.S. Integrity and Odds On Compliance to create a firm that is poised to redefine the standards of excellence in the sports betting and gambling compliance industry.

Matt Holt, CEO, US Integrity

Earlier this year, US Integrity and Odds On Compliance joined forces to launch ProhiBet, a solution that helps companies prevent professional athletes and sports staff from wagering on sports. The solution hit the market last month and is already gaining significant momentum.

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Enjoy Group, a South American casino and hospitality company, has contacted the Chilean Commission of Financial Markets (Commission for the Mercado Financiero/CMF) about a potential sale of casino properties in Chile and Uruguay. The decision comes in the wake of a failed merger with DREAMS SA.

Enjoy was supposed to merge with the aforementioned company but the deal was abandoned in April. Since then, Enjoy Group has been seeking other long-term strategic plans to boost its profitability.

The announcement follows a publication by the Diario Financiero on July 30, which claimed that Enjoy’s operations in Chile and Uruguay are up for sale.

A sale of its operations in Chile and Uruguay could lead to a favorable transaction that may benefit the company. The move has been coordinated with ASSET Chile, a financial advisor that Enjoy Group hired to explore potential business deals.

ASSET Chile is tasked with seeking interest from potential investors and finding a deal that would benefit the company.

Enjoy promised to keep the CMF informed about any relevant developments in relation to the potential sale.

Chile Seeks to Launch iGaming, Joining the LATAM Revolution

In the meantime, Chile continues to consider the legalization of online gambling, as attested by the recent advancement of an online gambling bill. The measure was first introduced in March and gained traction in June after being stuck in limbo for a while.

For reference, the only legal gaming companies in the country currently are Lotería de Concepción, Polla Chilena de Beneficencia and Teletrak.

The bill still needs additional approvals but its advancement was hailed by the gambling industry. More recently, the country approved changes to the bill, further highlighting the interest in exploring the online vertical.

In other LATAM-related news, Galera.bet, a Brazilian sports betting brand, just joined the International Betting Integrity Association as its latest member. This highlighted the company’s desire to protect the integrity of professional sporting events in the region and oppose sports and betting-related corruption.

The move comes as Brazil prepares to regulate sports betting, paving the way to a revolution in the local gambling market. However, the Brazilian Institute of Responsible Gaming, a newly-founded industry body, expressed its disapproval of changes to the envisioned taxation rules, believing them to be harsh and unsustainable.

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