Industry Giant Relax Gaming Appoints New CEO, Martin Stålros

Relax Gaming, one of the leading iGaming suppliers and aggregators in the gambling industry, sees major changes in its leadership chain. Martin Stålros became a new CEO after years of close relationship and working with the company. 

Martin Stålros – a man with a lot of experience:

Before officially joining Relax Gaming a decade ago, he had been working with them as a supplier. Martin has been in the industry for more than 15 years and has worked in various positions from business development to operational leadership.

The previous CEO, Simon Hammon, will be a part of the company until October 2024 to ensure a smooth transition and overall handover process.

Patrik Osteraker, Relax Gaming’s Chairman of the Board, commented: “I am delighted to see Martin Stålros stepping up to the CEO role at Relax Gaming. Martin has been involved with Relax from the very early days and has had a material impact on the success of the company. As the business and organization continue to mature and grow, we feel that Martin has the ideal profile needed to support and guide us on our ambitious growth trajectory. Martin has full support from the Board to implement the strategy set out for Relax Gaming. 

The Board and I also wish to extend a heartful thank you to the outgoing CEO, Simon Hammon, who has been absolutely instrumental in building Relax to the position we are in today. We wish him all the best in life and in his new projects. Thank you, Simon.”

Simon Hammon, a former CEO, added: “Martin is the natural choice to take the reins at this pivotal junction following my decision to move on from Relax Gaming. Having proudly invested the past 5 years in Relax’s outstanding growth journey, it is safe to say that I wholeheartedly believe in and will always cherish the company and team within it.

As Relax moves into its next stage, Martin’s extensive understanding of the company’s DNA, offering, and team, along with his passionate yet pragmatic approach, will enable him to successfully steer Relax to achieve all the goals set. It has been a true honor serving as CEO of Relax Gaming for 2 years, and I look forward to seeing what the future brings them.” 

Martin Stålros also commented on his appointment: “Having the opportunity to step up as CEO after seeing the company grow from 30 to 350 people during my time as COO is tremendously exciting. I’m humbled by the task and it’s the strength of the team that surrounds me which makes me even more motivated about the challenge. 

My predecessors have built a stable ship and a close working relationship with both Patrik Österåker, the Founder, and Simon Hammon, the previous CEO, has given me great insight. My aim is to combine their strengths with my own to drive Relax Gaming into further growth as we continue to expand to new markets and embrace opportunities, while always maintaining outstanding tech, exceptional service, strong relationships, and our core values.” 

Strengthening the position in Hungary:

Just before the changes in the company’s structures were announced, Relax Gaming joined forces with one of the leading Hungarian operators, LVC Diamond Kft, to supply its popular brand vegas.hu with new, unique content.

This partnership will help the supplier strengthen its position in Hungary, and along with that numerous vegas.hu’s players and fans will get a chance to try an impressive portfolio of slots designed and developed by Relax Gaming.

Among the titles that will be included in the offering are various award-winning slot releases as well as the provider’s most popular releases such as Money Train 4, Temple Tumble, and Great Pigsby Megaways. But the offering isn’t final, so new titles will be added in the future, so the players from Hungary have something to look forward to when it comes to Relax Gaming’s titles.

Vegas.hu is one of the most popular online betting brands in the country. It has been present in the market for more than thirty years and owns two successful brands, vegas.hu and vipcasino.hu. On top of that, the company operates five popular land-based casinos in Budapest

Since the site is already popular among the players from Hungary, the additional boost it will get by joining forces with Relax Gaming will surely increase its popularity and make the player’s experience even better.