The online casino market, after years dedicated to the “great classics”, has recently decided to direct its business towards fresh and innovative iGaming products to achieve greater acclaim among players. Based on this philosophy, GAMZIX was born and developed, an interesting slot provider that we decided to meet and get to know in more detail. Here is our exclusive interview with Aleksandr Kosogov (CEO).
The iGaming market is constantly evolving: new fashions and trends are always around the corner but delegates and companies are not always able to follow these rapid changes.
To try to provide a focus on the situation and tell you a preview of the latest fundamental developments in the industry, our website has decided to meet and interview delegates and companies that are reference points for the global gambling business.
In this regard, today we asked a few questions to Aleksandr Kosogov, CEO at GAMZIX, a very young and interesting company that has made “giant steps” in the last period thanks to its fresh and innovative range of games.
Gamzix is an online casino games manufacturer founded in 2020 in Estonia. Thanks to his young and talented team, he immediately created fantastic slot games for the most famous online casino sites. Gamzix’s high-quality games are now available to gamers from almost all over the world.
Today the company also has operational branches in Cyprus and Ukraine and operates mainly in the CIS markets with the certifications of Gambling Laboratories International (GLI) and iTech Labs, proving that its software is super reliable and fair. Gamzix is certified in Romania and has legal access to Western Europe and African markets.
Gamzix collaborates with many reputable companies in the niche, including SoftSwiss and EveryMatrix. As a result, this provider’s games are represented on over 400 casino sites in different jurisdictions.
Aleksandr Kosogov, a gambling expert with many years of experience in the market! Currently CEO of a young company but one of the most interesting of 2022, tell us a few more details about yourself, your professional career, and why you chose GAMZIX
I’ve been working in the iGaming industry for 8 years. In 2020 my dream came true, and I established my own company Gamzix, I had no choice 🙂
In spite of rather difficult times, the COVID-19 pandemic, I believed I could create a fresh and flexible brand that would succeed. After 2 years of our work, the results testify that Gamzix follows the right direction.
GAMZIX was born in 2020 and in a short time, it has reached important milestones and awards on the market. Tell us about your company and its strengths!
I could not even imagine that Gamzix would have such a thorny way. First, we faced the COVID-19 pandemic and its restrictions, then – war in Ukraine, where part of the team is located. Despite this, I’m pleased with the company’s achievements.
I believe that our strength is in flexibility, as we react fast to any changes, and in an ambitious team, as it consists of young motivated professionals with great experience in the iGaming industry. I’m sure we will gain more strong points in the future.
Your company is based in Estonia but a strong business and professional component is based in Ukraine. How has the war changed things? How has GAMZIX adapted to this new obstacle?
We were not prepared for this war, as well as all Ukrainians, but I’m glad that we were able to continue our work and even made donations. We immediately relocated our Ukrainian colleagues to safer places. Gamzix donated more than €35,000 to charity after the first weeks of the war, my salary also goes to donations to Ukrainian citizens in need.
The war has changed a lot, undoubtedly, it slowed down the growth of the company. Furthermore, we couldn’t take part in some iGaming exhibitions we planned, including ICE in London this year. There are also some expenses that we had to cut down due to war activities in Ukraine.
In recent years, Ukraine has faced major changes in the law in the gambling field and this had brought the market to an interesting “spring” before the war! What changes now? Is everything lost or do you think the online market will continue to provide interesting insights?
As many processes have paused in Ukraine, it’s hard to tell about any progress or positive changes in the gambling field. The online market is in a recession now, but it will definitely revive soon.
Many companies, including Gamzix, have focused on foreign markets in order to stay afloat and increase profit. I know for sure that Ukrainians are strong and hardworking, so they will do their best to save business under any circumstances.
Let’s go back to GAMZIX and its products, how many games are currently available in your portfolio, and which titles are currently the most successful?
Gamzix’s portfolio consists of 26 video slots. Speaking of our TOP-3 games, these are:
- Gold Mania, influenced by the stories about the California Gold Rush, consists of 5 reels and 10 paylines. The game has numerous bonus features, such as 3 types of Free Spins, and the LVL UP symbol that allows to change the level of free spins and adds up to x10 to the multiplier.
- Sunny Coin: Hold the Spin, with 5 columns and 3 rows per column, takes a player to an oasis within the vast Sahara Desert. The slot features include a respin bonus feature, a free spins bonus, wilds, scatters and four jackpots. The graphics are breathtaking, with the golden sun rays shining on pyramids in the distance.
- Really Hot Flaming Edition is a retro-slot with classic fruit machine symbols. This is a fun and simple game with x2 multiplier that occurs whenever players manage to fill the screen with one symbol.
GoGo Spinner by Gamzix is one of your titles that surprises the market the most with an unusual and in some ways futuristic game system. Could you give us more details?
I agree, GoGo Spinner is our most distinctive game. The overall experience is comparable to roulette, although the gameplay is simpler to understand.
It is a multiplayer game in which you have to place bets on sectors. The entire pot and each player’s chances of winning are determined by how much they stake. Chances of winning are determined by how great your stake is in comparison to other players. If you want to win more often, you’ll need to bet more. On the other hand, if you bet a small amount, you have a lower probability of winning, but a higher possible return on investment.
I believe that such type of games like GoGo Spinner, in comparison with classic and popular video slots nowadays, will be in great demand in the future.
Rich Granny is the latest game presented by your company! What are we talking about and where did the idea to build this game come from?
Rich Granny is Gamzix’s latest slot, we launched it at the beginning of May! It is a 5×3+, 10-payline video slot that incorporates a maximum win potential of up to x40,000 the bet. The slot has a unique robbery theme that keeps players on edge. It’s not often that you see grannies in online slots, yet here we have one in the main role!
This extraordinary lady and her doggy make the game original, unmatched and really awesome, that is why we decided to create a granny-themed slot.
CIS and Europe are among your main certified markets. In which areas does your company operate and what are your future expansion projects?
Gamzix has already reached CIS and Western Europe markets, as our team is young and ambitious, we’re planning to operate all over the world 🙂
We are interested in such destinations as Asia, Latin America and MGA (Malta Gaming Authority). Gamzix is planning to certify its games for Africa soon, but it takes more time than we thought. In spite of the fact that this country has troubles with internet connection, we believe African gamblers to be very promising ones.
GAMZIX and its partners: on which websites is it possible to find your games and with which aggregators have they chosen to represent you in the world?
During 2 years of work, Gamzix had a great opportunity to partner up with famous platforms, aggregators and international companies, including Salsa Technology, EveryMatrix, GrooveGaming, BlueOcean Gaming’s GameHub, SoftSwiss, Slotegrator, SoftGamings, Parimatch, Pinup, Vulkan Vegas, Playfortuna, Hub88, Qtech and others.
Gamzix provider is represented in more than 400 casinos.
Thanks to our partners, gamblers from different countries have a great opportunity to play Gamzix video slots with high-quality graphics, sounds and attractive mathematics.
GAMZIX and land-based events: unfortunately your company did not participate in ICE London due to the war but surely friends and customers will be able to meet you in future appointments! What are the next SAVE THE DATE?
We were very disappointed that we couldn’t attend ICE London due to the war in Ukraine, but the best is yet to come! Gamzix team will be happy to meet old and new friends at CasinoBeats Summit on May 24-26th in Malta.
We are also preparing for another great event – iGB Live! on 5-8 July in Amsterdam.
So let’s meet offline!
Innovation and new ideas: What are the new ideas that your company will develop in the coming months? Can you give us some previews?
Gamzix focuses the majority of its time and resources on promotions that improve the acquisition and retention of both casino operators and gamblers. These are two key drivers of the company’s sustainability and growth, in order to achieve the success they should work in tandem. Our team is doing its best to find new ways for attracting gamers and standing out from the crowd.
To conclude, would you like to tell us about an adventure, an episode or a milestone reached that can best represent your path in Gamzix over the years?
Gamzix is my big adventure during all these years. Every day we’re getting closer to our aim – to become the #1 slot provider. My team is working persistently on game development and promotions. Together with our international partners, Gamzix is reaching heights in the iGaming industry. Despite such difficult times in Ukraine, my company continues working and can boast good results, that’s why I’m very proud of Gamzix.