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C360 Technologies Announces Howard Wright as new CEO

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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.

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“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.

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Gambling in the USA

Spin Your Way to Political Fun in Slotland and WinADay’s Race for Office MegaMatrix Slot

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The drama of the 2024 U.S. elections is here, and players can take advantage of extra bonuses to play Race for Office, Game of the Month.

Slotland and WinADay are bringing the excitement of the U.S. presidential election to life this month with the fan-favourite, Race for Office, packed with a wealth of bonuses.

Launched in 2020, Race for Office features a lively American theme with familiar political figures set against the U.S. Capitol. Updated for 2024, revamped to include Kamala Harris and Donald Trump with their running mates in a light-hearted style. With a 5-reel MegaMatrix setup and 15 paylines, players can bet anywhere from $0.60 to $30.

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As the Game of the Month on Slotland and WinADay, Race for Office will be featured with special Match bonuses—55% at Slotland and 44% at WinADay. Players using cryptocurrency can enjoy a 75% Match on Slotland deposits of $5 to $500, and a 66% Match on WinADay deposits of $40 to $200!

Keep spinning to unlock a lucky PICK ME round and boost your balance with some extra campaign cash! Players who hit three PICK ME scatters, the handshake, can enter a bonus game. By clicking on tiles in a 5×5 grid, players can level up to higher prizes, creating a race to collect winnings until they hit the coveted ‘COLLECT’ sign.

Players can also enter a random draw for a chance to win up to $300. Every 100 spins earns a ticket for the Monthly Contest, with winners announced by December 17, 2024. It’s the perfect incentive to keep spinning as the political season unfolds!

Michael Hilary, Casino Manager, says: “This November, join Slotland and WinADay in the Race for Office and experience the fun of politics like never before. Spin the reels, claim your bonuses, and who knows—you might just land a jackpot that’ll have you celebrating like it’s election night!”

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Race for Office Game of the Month Promo Details: slotland.eu/en/promotions#game-of-the-month and winadaycasino.eu/en/promotions

 

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Compliance Updates

Tennessee Sports Wagering Council Takes Action Against Illegal Sportsbook

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The Tennessee Sports Wagering Council through its executive director issued $50,000 in fines to Bovada.lv, an unlicensed and therefore illegal sportsbook operating in Tennessee.

Bovada failed to comply with cease and desist letters delivered to addresses in Curaçao, and Council investigators placed wagers through Bovada’s platform on three separate occasions, including as recently as October 16, 2024.

The Sports Gaming Act authorizes the Council to impose a $10,000 fine for the first offense of accepting wagers without a license, which rises to $15,000 for the second offense, and $25,000 for the third offense. Subsequent offenses may lead to the imposition of a $25,000 fine for each occurrence, an occurrence being a single wager accepted in Tennessee.

In the cease and desist letters, the Council ordered Bovada to allow all Tennessee users to withdraw any funds currently held by the unlicensed sportsbook.

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“The Sports Wagering Council recommends that Tennessee users of Bovada withdraw their funds immediately. Our primary role is the protection of the public interest through a safe, regulated environment, and Tennessee sports bettors need to know that just because they can access a sports betting website or app inside Tennessee’s borders does not mean it is licensed to do business here,” Mary Beth Thomas, Executive Director of Tennessee Sports Wagering Council, said.

Legal sportsbook operators provide important bettor protections not found in the illegal market. If an individual wagers with unlicensed sportsbooks, their sensitive financial and personal information may not be protected and could even be shared with criminal enterprises. The bettor’s money could be withheld or disappear without a way to recover it.

The SWC is working closely with its network of law enforcement at the state and federal level to eradicate illegal sportsbooks such as Bovada and others.

Tennessee is the largest “online-only” sports betting market in the US, with more than $4.7 billion wagered in Tennessee last fiscal year through online sportsbooks licensed by the Council.

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Gambling in the USA

Phoenix Link by Aristocrat Gaming Now Lighting Up Casino Floors

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The hottest new game from Aristocrat Gaming, Phoenix Link, is now live on casino floors, with Yaamava’ Resort & Casino being the first in North America to offer the highly-anticipated game. As the next evolution of the international hit game, Dragon Link, Phoenix Link features player-favorite mechanics from top games with all-new themes, features, and bonuses.

“We have been humbled by the incredible global fanfare Dragon Link has received over the years but are never ones to rest on our laurels. The teams have been working tirelessly on a follow-up that brings together all the player-favorite elements in a new and exciting way with Phoenix Link as the proud result. We were thrilled to partner with Yaamava’ to premiere Phoenix Link with flair, excitement, and celebration,” said Victor Duarte, executive vice president of product for Aristocrat Gaming.

Phoenix Link players will enjoy the game’s additional denominations, configurations, and jackpots on each of the launch game theme titles. Gameplay features include Hold & Spin, Free Games with multiplier wilds or twin spin reels, Phoenix Mystery trigger, and more new bonus twists. Phoenix Link is available on the Neptune Single cabinet.

“Yaamava’ is thrilled to host yet another world premiere in gaming with the launch of Phoenix Link by Aristocrat Gaming. Our Club Serrano members are already raving about this captivating extension of the player-favorite Dragon Link. It’s a great addition to the Yaamava’ gaming floor,” said Kenji Hall, General Manager of Yaamava’ Resort & Casino at San Manuel, said.

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