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Martin Stålros appointed CEO of Relax Gaming marking a new phase for the company
Published
2 mins ago
on
April 15, 2024
Reading Time: 2 minutes
Relax Gaming, the iGaming aggregator and supplier of unique content, has appointed Martin Stålros as CEO following a decade at the company, as well as a period working with Relax as a supplier.
Over 15 years of industry experience has seen Martin’s positive contribution span from business development to operational leadership, driving growth and value throughout.
Martin Stålros is replacing Simon Hammon, who held the position of CEO at Relax Gaming since 2022, following three years as CPO. Simon will stay with Relax Gaming until October 2024 in support of the handover process and continued positive trajectory.
Commenting on Martin Stålros’ appointment to CEO, Patrik Osteraker, Chairman of the Board at Relax Gaming, said: “I am delighted to see Martin Stålros stepping up to the CEO role at Relax Gaming. Martin has been involved with Relax from the very early days and has had a material impact on the success of the company. As the business and organisation continues to mature and grow we feel that Martin has the ideal profile needed to support and guide us on our ambitious growth trajectory. Martin has full support from the Board to implement the strategy set out for Relax Gaming.
“The Board and myself also wish to extend a heartful thank you to the outgoing CEO, Simon Hammon, who has been absolutely instrumental in building Relax to the position we are in today. We wish him all the best in life and in his new projects. Thank you, Simon.”
Adding to this, Simon Hammon said: “Martin is the natural choice to take the reins at this pivotal junction following my decision to move on from Relax Gaming. Having proudly invested the past five years in Relax’s outstanding growth journey, it is safe to say that I wholeheartedly believe in and will always cherish the company and team within it.
“As Relax moves into its next stage, Martin’s extensive understanding of the company’s DNA, offering, and team, along with his passionate yet pragmatic approach, will enable him to successfully steer Relax to achieve all the goals set. It has been a true honour serving as CEO of Relax gaming for two years, and I look forward to seeing what the future brings them.”
Martin Stålros, CEO of Relax Gaming added: “Having the opportunity to step up as CEO after seeing the company grow from 30 to 350 people during my time as COO is tremendously exciting. I’m humbled by the task and it’s the strength of the team that surrounds me which makes me even more motivated about the challenge.
“My predecessors have built a stable ship and a close working relationship with both Patrik Österåker, the Founder, and Simon Hammon, the previous CEO, has given me great insight. My aim is to combine their strengths with my own to drive Relax Gaming into further growth as we continue to expand to new markets and embrace opportunities, while always maintaining outstanding tech, exceptional service, strong relationships, and our core values.”
Compliance Updates
Romania Bans Gambling Venues in Small Towns and Villages
Published
3 mins ago
on
April 15, 2024
Reading Time: < 1 minute
Romania has announced a ban on gambling venues in small towns and villages with populations of less than 15,000 residents.
What’s known as the “law of slot machines” was passed by deputies in the lower house of parliament. “It is the first law adopted in Parliament in 30 years against this mafia that has controlled the political world until now,” said Alfred Simonis, the leader of the Social Democrats.
“Right now we are fighting an industry that has a total turnover of €10-12 billion.”
Industry figures complain they were not consulted, and hope that the authorities will control the black market as they promised.
Despite the unanimous vote, there was some dissent within the chamber. Two opposition parties that want to ban the “scourge” of gambling outright accuse the government of collusion with the gaming sector for not taking a stronger position.
On another front Ionut Mosteanu, the leader of the opposition USR, questioned how lawmakers had set the threshold.
“They thought that slot machines only damage 15,000 people,” he said. “There was not even a debate to see how many townships qualify for this 15,000. Why not 16, 17, why not two million and you would ban them definitively?”
Gambling venues have become ubiquitous across Romania over the last few decades. The National Gaming Office, the state body that monitors and approves the sector, has registered 12,000 sports betting, bingo, casino, lottery rooms.
The state collects taxes from gambling venue licenses and online ticket sales as from the amount betting houses spend on advertising.
There are no recent data to indicate how many people in Romania are addicted to gambling. The last survey was conducted in 2016, and found that there could be around 100,000 addicted people across the country. The number today could be much higher.
Central Europe
Nolimit City Announces Partnership with win2day
Published
32 mins ago
on
April 15, 2024
Reading Time: < 1 minute
Nolimit City, the award-winning slot provider, has announced a strategic partnership with win2day, the online gaming arm of Austrian Lotteries. Through Evolution’s in-house One Stop Shop platform, Nolimit City has officially launched its captivating game offering in Austria for the very first time.
win2day, holding the exclusive license to run electronic lotteries in Austria has long been an established player in the market, offering a comprehensive selection of games and sports betting on a single website and now hosts a selection of Nolimit City’s trailblazing titles.
Austrian gaming enthusiasts can now immerse themselves in the cutting-edge online slots crafted by Nolimit City, including the highly acclaimed Fire in the Hole xBomb. This announcement follows closely the news of Nolimit City’s recent expansion into South Africa.
Malcolm Mizzi, Commercial Director at Nolimit City, said: “After a sensational start to the year, we are thrilled to keep the momentum going with this fantastic news. Collaborating with a renowned brand like win2day underscores our dedication to expanding into new markets and only fuels our ambition to become the very best!”
Georg Wawer, Managing Director of win2day, said: “As the only licensed online gaming provider in Austria, we strive towards continuously expanding our game portfolio while also maintaining the highest quality standards. Nolimit City is the perfect fit for that. We are looking forward to a long and fruitful partnership.”
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