In a remarkable transition within EveryMatrix, Stian Hornsletten, one of the co-founders, is set to assume the role of CEO for the company’s illustrious games division.
This shift marks a pivotal moment in EveryMatrix‘s journey and promises to reshape its gaming landscape.
Stian Hornsletten: Elevating EveryMatrix’s Games Division
EveryMatrix, a prominent name in the iGaming industry, has unveiled a strategic move that underscores its commitment to innovation and growth. Stian Hornsletten, a co-founder of the company, is poised to take on the mantle of CEO for the games division, commencing from February 1st. In this new capacity, he will wield his expertise to propel in-house game development and nurture pivotal partnerships with third-party content providers.
Stian Hornsletten’s journey within EveryMatrix is a testament to his unwavering dedication. His association with the company began in 2008 when he assumed the role of CEO, marking the inception of a remarkable odyssey. Over the years, he ascended to executive chairman and executive director positions before embracing the role of Chief Commercial Officer (CCO) in November 2019.
A Tribute from EveryMatrix CEO Ebbe Groes
Ebbe Groes, EveryMatrix’s group CEO, expressed profound gratitude for Stian Hornsletten’s pivotal role in the company’s inception. “If it wasn’t for Stian, there would not be an EveryMatrix,” Groes asserted, acknowledging the fateful meeting 15 years ago that laid the foundation for their enduring partnership. Groes went on to laud Hornsletten’s relentless commitment to the business and his indomitable spirit.
“He wanted to take on a new challenge within the business to grow our games offering,” Groes stated, expressing his unwavering support for Hornsletten’s transition to CEO of the games division. Groes remains convinced that Stian Hornsletten will infuse the team with boundless energy, innovation, and passion, taking the division to unparalleled heights.
EveryMatrix has additionally hinted at an imminent announcement of a new Chief Commercial Officer (CCO), promising further developments in its executive leadership team.
Nikolina Gabelica: Charting a New Course as Head of Lottery at EveryMatrix
In a week marked by transformative leadership shifts, EveryMatrix made another strategic appointment that adds depth to its leadership bench. Nikolina Gabelica, formerly associated with the Croatian Lottery for over two decades, joins the EveryMatrix family as the new head of lottery.
Nikolina Gabelica’s extensive career at the Croatian Lottery, where she spent more than 20 years, positions her as a seasoned veteran in the lottery and gaming domain. Her most recent role as director of the business development and marketing division showcases her profound understanding of the industry’s nuances.
“My 20-plus years of lottery and gaming experience fits perfectly with EveryMatrix,” Gabelica affirmed. She emphasized her intention to leverage this rich experience to formulate strategies catering to both existing and new World Lottery Association (WLA) member organizations and lottery clients.
EveryMatrix: A Platform for Digital Lottery Advancement
Gabelica expressed her excitement about EveryMatrix’s modular, API-driven solutions, which she believes align seamlessly with the objectives of global lotteries seeking to establish or expand their digital footprint. With the prospect of meeting customers at ICE 2024, Gabelica is poised to contribute significantly to EveryMatrix’s future endeavors in the lottery sector.
This appointment adds to the wave of transformative leadership changes at EveryMatrix, underlining the company’s commitment to enhancing its capabilities and expanding its global footprint. As the iGaming industry continues to evolve, EveryMatrix remains at the forefront, ready to embrace change and innovation.
FDJ’s Acquisition of Kindred Group Shaping the Future of Global Gaming
FDJ’s acquisition of Kindred Group, facilitated by regulatory approval and strategic shareholder engagement, signifies a transformative moment in the gaming industry. This deal exemplifies the intricate balance between regulatory compliance, shareholder value, and strategic growth ambitions. As the industry stands at the cusp of further consolidation and innovation, the FDJ-Kindred transaction heralds a new era of strategic realignment and competitive positioning in the global gaming landscape.
A Monumental Shift in Gaming Dynamics
The Swedish Financial Market Supervisory Authority (SFSA)‘s approval of Française des Jeux’s (FDJ) offer to acquire Kindred Group marks a pivotal moment in the global gaming and betting sector. This green light not only accelerates FDJ’s strategic expansion but also underscores the evolving landscape of international gaming regulations and corporate alignments.
Navigating Regulatory Waters
The SFSA’s endorsement is a crucial step in FDJ’s ambitious acquisition plan, setting the stage for a public offer slated to commence imminently. This regulatory approval highlights the meticulous scrutiny and compliance standards governing mergers and acquisitions within the sector, ensuring that such transactions align with market stability and shareholder interests.
A Call to Action for Kindred Shareholders
The forthcoming Extraordinary General Meeting (EGM) represents a critical juncture for Kindred Group, with proposed statutory amendments necessary for facilitating the acquisition. This meeting, aimed at achieving the requisite shareholder consensus, signals the importance of shareholder engagement in steering corporate direction and strategy.
The Path to Acquisition: Shareholder Conviction and Strategic Vision
FDJ’s pursuit of Kindred Group, contingent upon securing 90% of total capital, reflects a strategic maneuver to consolidate its position in the global gaming market. The offer per share, valuing Kindred at approximately €2.6 billion, has garnered unanimous board endorsement and significant shareholder backing, illustrating the alignment of strategic interests and the perceived value of this consolidation.
Activist Influence and Strategic Realignment
The role of activist shareholders, notably Corvex Management, in advocating for Kindred’s sale underscores the dynamic interplay between corporate governance and shareholder activism. Their successful campaign for board representation and strategic evaluation reflects a broader trend of active investor engagement in shaping corporate trajectories.
Implications for the Global Gaming Industry
This acquisition not only exemplifies the financial and strategic considerations underpinning such deals but also highlights the regulatory complexities and shareholder dynamics involved. As the gaming industry continues to evolve, driven by technological advancements and regulatory changes, the FDJ-Kindred merger serves as a case study in strategic growth, market consolidation, and the pursuit of competitive advantage.
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