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Bingo Paradise Reports Record Growth in Q3 2024 with Unprecedented FTD Increase

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This achievement highlights Bingo Paradise’s ability to adapt and thrive in a competitive and fast-paced sector.

Bingo Paradise, a standout affiliate portal in the UK iGaming market, has announced its most successful quarter to date. Q3 2024 has been a landmark period for the brand, owned by Meteor Marketing Ltd, with a dramatic increase in first-time depositors (FTDs) helping to solidify its reputation as one of the highest performing affiliates in the UK iGaming market. This achievement highlights Bingo Paradise’s ability to adapt and thrive in a competitive and fast-paced sector.

“Q3 2024 has been a standout quarter for Bingo Paradise,” said Tom Waite, Manager of Bingo Paradise. “Our success is thanks to the hard work of our small team of talented writers and the oversight of our dedicated compliance manager. Together, they ensure that we provide honest, transparent reviews and operate within the highest industry standards. This, combined with our marketing efforts, including SEO and negotiating exciting player offers with operators, has been key to sending substantially more FTD’s to the operators.”

The numbers speak for themselves. Bingo Paradise recorded an impressive 65.24% year-on-year increase in FTDs compared to Q3 2023. This milestone reflects the platform’s unwavering commitment to player-focused strategies, such as delivering comprehensive reviews that allow players to make informed decisions. The team’s dedication to compliance, led by its expert compliance manager, ensures that every piece of content adheres to stringent industry regulations, including those set by the CAP Code.

Bingo Paradise attributes much of its success to its partnerships with operators, which enables the affiliate to offer exclusive deals that resonate strongly with its audience. These deals provide players with added value, increasing engagement and building trust. Importantly, Bingo Paradise works exclusively with UKGC-licensed operators, ensuring that the brands it promotes uphold the highest standards of player fairness and security.

This focus on integrity and quality has not only benefited players but also strengthened the platform’s relationships with operators. By prioritising long-term trust over short-term gains, Bingo Paradise has established itself as a reliable partner in the highly competitive iGaming affiliate market. As the company celebrates its success in Q3 2024, it remains focused on continuous innovation and maintaining its commitment to excellence.

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From $400M to $1.45B: Exploring Gurhan Kiziloz’s Strategic Expansion in Online Gaming

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From $400M to $1.45B: Exploring Gurhan Kiziloz’s Strategic Expansion in Online Gaming

 

The online gaming industry has experienced exponential growth, especially in Latin America, fueled by increased internet access, progressive regulatory frameworks, and the widespread adoption of mobile gaming. At the helm of this surge is Nexus International, guided by Gurhan Kiziloz, which manages Megaposta, an online gaming platform seeing remarkable revenue growth.

In 2024, Megaposta celebrated $400 million in revenue, with forecasts predicting a rise to $1.45 billion by 2025. This substantial increase prompts a closer examination of the strategic, regulatory, and market dynamics propelling this growth, alongside a comparison with industry-wide trends.

Megaposta’s Strategic Market Positioning

Megaposta is making significant strides in the highly competitive iGaming sector, which encompasses online casinos, sports betting, and digital gaming platforms. It has primarily focused on Brazil, a market currently undergoing significant regulatory transformations, thus attracting a mix of domestic and international gaming enterprises. With the Brazilian gaming market projected to hit $2.6 billion by 2026, it remains a focal point for Megaposta’s expansion efforts.

Under the stewardship of Nexus International, Megaposta has notably amplified its marketing initiatives, enhanced its offline media footprint, and refined its strategies for acquiring users, which have all contributed to its growing market share. Though the revenue forecasts are promising, maintaining this growth trajectory will necessitate ongoing adjustments to both local regulations and evolving market competitions.

Crucial Drivers of Megaposta’s Revenue Growth

Several key factors underpin the anticipated revenue boom for Megaposta in 2025:

  • Exploiting Regional Market Opportunities 

Megaposta’s dedication to Latin America, particularly Brazil, mirrors larger industry trends. The country’s burgeoning mobile gaming scene and forthcoming regulatory approvals suggest a welcoming climate for more licensed gaming operations. Nexus International’s strategic focus in this region is a deliberate effort to leverage these regulatory developments.

  • Enhancing Marketing & Brand Visibility 

Kiziloz has prioritized marketing and brand visibility as central to Megaposta’s growth strategy. The company has invested heavily in offline media and sponsorships, employing a strategy akin to that of leading betting firms aiming to dominate in burgeoning markets. This focused approach is instrumental in expanding its user base and bolstering revenue forecasts.

  • Strategic Leadership from Gurhan Kiziloz 

Kiziloz, with his entrepreneurial prowess in fintech and gaming, has adopted a bold approach to business, characterized by high risks and potentially high rewards. After navigating financial downturns, including a 2022 bankruptcy, he strategically shifted towards online gaming—a sector with swift monetization opportunities in regions with dynamic regulatory environments. His leadership at Nexus International is centered on aggressive scaling, market expansion, and tapping into emerging trends.

Concluding Thoughts

Megaposta’s projected revenue of $1.45 billion by 2025 is in line with the ascending trends of the gaming industry in Latin America, especially Brazil. Under the aegis of Nexus International and Gurhan Kiziloz’s leadership, the company is sharply focused on expanding its market reach, intensifying marketing efforts, and strategically positioning itself within the industry. However, as the sector continues to evolve, adapting to regulatory shifts, intensifying competition, and changing consumer preferences will be essential.

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While Megaposta’s current trajectory indicates significant growth potential, the upcoming years will be critical to determine if its aggressive expansion strategy can sustain success in an increasingly dynamic market landscape.

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ELA Games Receives Nominations For Innovation at the SiGMA Americas Awards 2025

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The ELA Games team is proud to announce it has been nominated for two categories at the prestigious SiGMA Americas Awards 2025. It has been shortlisted for the “Most Played Game 2025” and “Best Game Studio 2025” categories.

Joker Cashpot is a prime candidate for the “Most Played Game 2025” category, as it was well received by players and B2B partners, garnering widespread acclaim. Upon release, it quickly became one of the company’s most popular releases, with a margin of 27.7% in Gross Gaming Revenue within its first 30 days, ranking it second in Turnover for the company.

The studio has fostered a culture of creativity and experimentation, earning it a reputation for producing player-favourite games that encourage customer engagement and business growth for partners. ELA Games’ extensive portfolio of over 45 games and operator-friendly offerings has made it a frontrunner for the “Best Game Studio 2025” category.

Yaroslav Soloshenko, ELA Games’ Business Development Manager, commented on the nominations, “It’s an honour to be recognised for these prestigious accolades, as it’s a reflection of our team’s hard work and dedication to excellence. The nominations are for significant categories, showcasing our rapid growth into an influential figure in the iGaming industry. We look forward to attending the awards ceremony, connecting with our partners and meeting new faces.”

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Casino Association of New Jersey Welcomes Back Atlantic City Airshow

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Casino Association of New Jersey Welcomes Back Atlantic City Airshow

 

The Casino Association of New Jersey (CANJ) issued the following statement regarding the announcement that the Atlantic City Airshow will be returning this summer:

“The Casino Association of New Jersey is thrilled to hear that the Atlantic City Airshow will be returning this summer. The airshow has always been a highlight during the summer season, and we look forward to celebrating this renowned event in July.

“Along with world-class gaming, exciting concerts, a replenished beach, delicious food, and an all-star lineup of entertainment options, Atlantic City is the place to be this summer.

“We want to thank New Jersey Governor Phil Murphy, Atlantic City Mayor Marty Small, CRDA Executive Director Eric Scheffler and Visit Atlantic City President and CEO Gary Musich for their efforts to bring the airshow back.”

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