Notes from the GI Huddle Interview with Google, CEO of SmartSoft Gaming

Jul 14, 2024

Key Points from the GI Huddle Interview with Google, CEO of SmartSoft Gaming

Introduction

  • Host: Interviewer from GI Huddle
  • Guest: Google, CEO of SmartSoft Gaming
  • Location: Host in London, Google in Georgia
  • Weather: Warm in Georgia, less so in London

Background of Google (CEO)

Career Path

  • Education: Business education
  • Early Career: Brief stint in construction (finance side)
  • Banking Experience:
    • Worked in Banking and corporate Banking
    • Covered various industries
    • Gained insights into different business strategies and operations
  • SmartSoft Gaming: CEO for almost 2 years

Role as CEO

  • Daily Operations: Managing day-to-day functions
  • Strategic Planning: Focusing on long-term vision and priorities
  • Market Expansion: Identifying new markets and product development
  • Management: Collaboration with management team

About SmartSoft Gaming

Company Focus

  • Game Studio: Specializes in non-traditional games
  • Pioneering: Among first to push non-traditional games in the casino segment
  • Products: Known for games like Jet X
  • Innovation and Quality: Emphasis on pushing limits of iGaming

Market Potential

  • Video Game Market Size: $130 billion
  • Gambling Trends: People gamble on various platforms (crypto, stock market)
  • Vision: Merging elements of traditional video games with iGaming to attract new audiences

Business Environment in Georgia

  • Development: Advanced online infrastructure
  • Experience: Team has 20+ years in iGaming
  • Advantages: Good tax system, easy business operations, excellent banking, competitive talent

Challenges in the Gaming Studio Market

  • Competition: Many game studios entering the market
  • **Dual Challenges: ** Expanding and innovating with unknown products
  • Imitation vs Innovation: Standing out with unique content and scalability
  • Educational Efforts: Need to educate operators about the product's quality

Future Goals and Expansion

  • Growth Target: Triple company size in 2023
  • Market Expansion: Latin America, Africa, Western and Eastern Europe, Emerging markets
  • Product Development: Planning to release 10 more non-traditional games in 2023
  • Long-Term Vision: Remain leader in non-traditional casino games and expand globally