Latest News
C360 Technologies Announces Howard Wright as new CEO
Company successfully completes financing and expands industry leading board with addition of Wayne Kimmel from SeventySix Capital
C360 Technologies, a Pittsburgh-based company providing sports fans a personalized viewing experience and rights holders new streaming revenue opportunities, today announced the appointment of Howard Wright as CEO and member of the company’s board of directors. Wright most recently was Vice President of Global Business Development for the Intel Sports Group at Intel Capital. Wright will leverage this experience to guide C360 through its next phase of growth. The national CEO search, conducted by SeventySix Capital Sports Advisory and Turnkey Search, was led by Rick Alessandri, Turnkey Search’s Managing Director, Media & Technology.
“We are thrilled to have Howard join the C360 team,” said Saied Seghatoleslami, Chairman of the Board. “Howard’s background and robust experience in sports and technology coupled with his business building and leadership experience are exactly what our company needs and is a tremendous strength. We look forward to watching Howard lead C360 into its next phase and continue to change the way that sports fans experience their favorite athletes and teams.”
Prior to joining C360, Wright was responsible for strengthening Intel’s presence as a sports technology company, and for developing new business opportunities related to the immersive experiences enabled by the Intel Sports Group. Wright also led the digitizing and personalizing of sports and entertainment in inventive ways to stimulate growth while collaborating with major sports leagues and organizations, broadcasters, telecom companies and other digital media business partners. Wright spent 14 years at Qualcomm Inc., culminating in his role as Senior Vice President of global business development. Wright holds a bachelor’s degree in Qualitative Economics from Stanford University, where he also played collegiate basketball. After earning his degree, Wright continued his athletic career by becoming a professional basketball player in the NBA, playing with the Dallas Mavericks, Orlando Magic and Atlanta Hawks. Wright was inducted into the Stanford Athletic Hall of Fame in 2001. Wright is active on several national charitable boards, including serving as chairman of the Pro Kids Golf Academy and Learning Center.
“The immersive media ecosystem is being fueled by some of the most innovative companies in the world,” said Wright. “I am honored to be able to lead this extraordinary company to our next level so that we may be counted among them. I look forward to working closely with our exceptional senior leadership team, our amazing customer base, and our world class board of directors. C360 has some of the most talented people and group of leaders in our industry. Together, we will capture our share of the immersive media economy by remaining laser-focused on delighting our clients, creating significant value for our shareholders and providing the best career experiences for our people.”
Wright’s appointment accompanies C360’s addition of Wayne Kimmel to the company’s board of directors that now consists of several key industry leaders:
- Saied Seghatoleslami
Seghatoleslami has 45 years of experience as an engineer, manager, and executive with engineering, product management, and general management responsibilities. Seghatoleslami’s experience includes leadership roles with Bell Laboratories, Lucent, Avaya, AGT and Pypestream where he was President and COO. His experience includes due diligence, acquisition, and integration of companies in the US, Canada, and Europe. Currently, Seghatoleslami is engaged as an operations and technology consultant with a number of mid-market private equity firms.
- Catherine Mott
Mott is the founder of BlueTree Capital Group, BlueTree Allied Angels, and the BlueTree Venture Fund located in Pittsburgh, PA. The BlueTree entities have invested over $60+ million in multiple startup companies throughout the country. Mott is the past Chairman of the Angel Capital Association (ACA) and the Angel Resource Institute. Mott is serving a 4th term as one of 21 individuals selected for the SEC Advisory Committee on Small and Emerging Companies focused on capital formation in the United States.
- Jed Drake
Drake consults with emerging technology companies and content creators after a 35-year career at ESPN where he served as SVP and Executive Producer of Remote Production. At ESPN, Drake had oversight of every major property, including Monday Night Football, MLB, NBA, College Football/ Basketball, NASCAR, Wimbledon and the World Cup. Drake has 16 Emmy awards, including one for the creation of the yellow “First and Ten” line in football.
- Evan Wimer
Wimer has nearly 30 years of management experience and was an award-winning Designer and Art Director during his years in the communication industry. He has managed national accounts such as CBS Broadcasting, Heinz USA and the U.S. Department of Energy. A few of his awards include: the esteemed American Institute of Graphic Artists (AIGA) award, American Advertising Federation ADDY® award, and International Mercury award. Mr. Wimer holds a Degree in Design and Communications from the Art Institute where he graduated in 1988 with honors and also received a certificate in Technology Commercialization from Carnegie Mellon in 2000.
- Wayne Kimmel
Kimmel is a sports tech venture capitalist, entrepreneur and author of Six Degrees of Wayne Kimmel. Kimmel is the Managing Partner of SeventySix Capital, the venture capital company he founded in 1999, and invests in startup sports tech, esports, and sports betting companies. Among the Fortune 500 companies that have acquired his portfolio companies are Aramark, Intel, IBM, Walgreens and Yahoo! Wayne is also the Chairman of the SeventySix Capital Sports Advisory, which is a sports consulting group comprised of an expert team focused on bringing the emerging innovations and technology to sports executives, teams, leagues, brands and athletes.
With the appointment of Wright and the addition of Kimmel to the board, C360 also completed the second of two convertible note financing rounds, raising $1.8 million with new investor SeventySix Capital joining existing investors. C360 previously completed a $3.7 million Series A funding round that included investments from Boeing’s HorizonX Ventures, BlueTree Capital Group, MI-12 Ventures and Pasadena Angels. Buchanan Ingersoll & Rooney served as counsel to C360 on the financing rounds and provides corporate counsel to the company.
Compliance Updates
BMM Testlabs Earns Accreditation in Maranhão, Brazil To Test Fixed Odds Betting Systems and Lottery Platforms
BMM Testlabs, the world’s original gaming test lab renowned for exceptional product compliance and testing services, today announced its official accreditation to test systems and games for the Brazilian state of Maranhão.
This new accreditation allows BMM Testlabs to test fixed-odds betting systems and lottery platforms for the Maranhão market. The Company is now authorized in every Brazilian jurisdiction that has regulated at state-level online fixed-odds betting.
The Maranhão accreditation, issued by Maranhão Parcerias SA (MAPA/LOTEMA), authorizes BMM Testlabs to work with lottery operators in the state to ensure compliance and quality standards for the gaming and lottery industry through end-to-end product compliance testing for Maranhão’s standards.
Additionally, Brazil’s Secretaria de Prêmios e Apostas has federally authorized BMM Testlabs to test betting systems, live gaming studios, and online games used by fixed-odds betting operators.
BMM Testlabs’ Marzia Turrini, President of iGaming & Cybersecurity, said, “We are excited and deeply honored that the State of Maranhão’s official lottery has entrusted BMM Testlabs with the responsibility of testing products for their new online fixed odds betting program, knowing that we’ll do so with the highest levels of impartiality, technical expertise, transparency, efficiency, and, most of all, integrity.”
With the Maranhão accreditation, BMM Testlabs solidifies its position as the leading independent test lab in Brazil. BMM Testlabs is accredited in all jurisdictions that have authorized fixed-odds betting for online gaming and sports betting.
BMM Testlabs brings 44 years of global leadership in product compliance across regulated markets and is trusted by games, systems, and lottery manufacturers, suppliers, developers, and regulators worldwide.
In addition to product compliance testing, BMM Testlabs provides end-to-end cybersecurity protection solutions. Through its sister company, RG24seven Virtual Training, BMM also offers compliance-grade virtual training on responsible gaming, anti-money laundering, and other important topics – presented by industry experts and available in English, Spanish, and Portuguese.
Conferences
Meridianbet CEO Showcases GMGI’s $163M FY2024 Revenue, USA & Brazil Entry at ICR 2025 Conference
In a packed room at the prestigious ICR 2025 Conference held in Orlando, FL, Zoran Milosevic, CEO of Meridianbet, captivated the audience of elite investors with GMGI’s remarkable growth story and series of strategic market entries that position the company for significant value creation in 2025 and beyond. The company also led the conference with the highest number of one-on-one investor meetings, signaling strong interest in its growth trajectory.
The world-class event, also known as the financial market Super Bowl, is recognized as the planet’s premier small and medium-cap conference for US listed companies. It brought together over 3,000 attendees, including institutional investors, sell-side analysts, investment bankers, and private equity professionals.
This builds on the success at the 2024 Citi Global TMT Conference, when the company shared insights alongside industry giants like DraftKings, FanDuel, and IBM.
61% Year-Over-Year Growth Positions GMGI as Gaming Industry Leader
The world’s elite investment audience found out a compelling history of growth: GMGI’s preliminary FY 2024 revenue surged 61% year-over-year to $150 million, with pro forma consolidated revenue reaching $163 million.
This exceptional growth trajectory, driven by strategic market expansions and technological innovation, showcases GMGI’s emerging dominance in the global gaming landscape.
Brazil: A Game-Changing Market Entry
In what could prove to be a transformative catalyst, Meridianbet secured a coveted federal license in Brazil – a market projected to reach $2.5-4 billion annually. With instant access to over 100 million potential customers across all 26 states, this strategic move positions GMGI to capture substantial market share in one of the world’s most lucrative gaming opportunities.
North American Expansion Accelerates
The Group’s momentum in North America exemplifies its multi-market growth strategy:
- Strategic entry into the rapidly expanding U.S. sweepstakes gaming market, leveraging proprietary content from Expanse Studios
- Pending gaming license in Ontario, Canada’s largest regulated market
- Deployment of AI-driven gaming solutions to maximize player engagement and retention
GMGI’s Unified Ecosystem: A Competitive Moat
Meridianbet CEO showcased how the Group’s six synergistic companies create a formidable competitive advantage, presenting to investors a unique ecosystem:
- Meridianbet’s presence in 18 regulated jurisdictions, powered by 1,200+ employees including 100 software engineers
- Expanse Studios’ proprietary game development driving high-margin revenue lowering the reliance on third-party content
- Strategic assets across key growth markets: Mexplay in South America, Rkings in the UK, and Classics for a Cause in Australia
2025: Multiple Growth Catalysts Ahead
The confluence of strategic initiatives positions GMGI for accelerated growth:
- Brazil market ramp-up expected to drive substantial revenue expansion
- Proprietary AI technology deployment enhancing player monetization
- First-mover advantages in newly regulated markets
- Continued margin expansion through operational efficiencies
For investors seeking exposure to the explosive growth in global gaming, GMGI represents a unique opportunity: a proven operator with proprietary technology, multiple growth vectors, and strategic positioning in the world’s most promising gaming markets.
SCCG Management, a global leader in advisory and business development services for the gaming industry, has announced a strategic partnership with JackTop to support the global distribution and business development of the JackTop Live Dealer Casino Solution. This collaboration will leverage SCCG’s extensive network, expertise, and global reach to position JackTop as a leading live dealer casino solutions provider, catering to a wide range of online gaming platforms—from social casinos to Class III mobile on-premise operations and beyond.
JackTop offers a cutting-edge live dealer casino experience, broadcasting traditional casino games 24/7 in full HD. With operations spanning over 70 countries and a growing network of 100+ partners, JackTop combines American broadcasting technology, seamless multi-platform integration, and customizable environments to deliver an unmatched player experience.
The partnership will see SCCG Management driving global sales, fostering strategic partnerships, and expanding JackTop’s presence in key gaming markets worldwide. SCCG’s proven track record in accelerating business growth and facilitating entry into emerging markets ensures that JackTop’s innovative solutions reach operators who are seeking high-quality, customizable live dealer gaming experiences.
“At SCCG Management, we are always on the lookout for game-changing solutions that redefine player engagement and operator success. JackTop’s live dealer casino solution stands out with its commitment to quality, flexibility, and seamless integration across multiple platforms. We are excited to partner with JackTop to drive global adoption and bring its immersive gaming experience to operators and players worldwide,” said Stephen Crystal, Founder and CEO of SCCG Management.
JackTop’s live casino offerings include fully customizable environments, unique game development capabilities, and seamless integration into both online and land-based gaming operations. With features like real-time live chat, multi-game views, and full HD broadcasting, JackTop creates an authentic casino atmosphere for players, no matter where they are.
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