DUXGroup: Trabalhe muito, divirta-se muito

Always up for a challenge, DUXCasino is living up to its name and leading the iGaming industry. From new projects in DUXVentures to the development of DUXPlatform, SiGMA News sits down with them for an exclusive interview

How did the story of DUXGroup begin and what are the basic principles that drive this group forward?

The story of began a year and a half ago. We already had expertise in the iGaming sector, but mainly in the marketing area. We wanted a new challenge, and a team of 3 people decided to try operating a 바카라. So the first investment in the project was made and we acquired the dux바카라.com. We bought a ready-made project, appointed a leader (project manager) and started to assemble a team for him almost from scratch. After four months, we had 500,000 users on the product’s website per month, and after another 5 months, the project was successful and started generating net profit. During the first 9 months, we hired 80 people and now have 150 people on our team. And that’s just the beginning.

The company’s basic principles:

• To employ the best �C we want to work with professionals who specialize in their fields. It’s important for us to hire people from whom we can learn something new.
• Transparency and trust – we build transparent and honest relationships with our team. We say everything directly and openly and keep our promises.
• Always try �C as we have recently appeared in the iGaming market and to catch up with competitors who have been in this market for decades, we have opted for the strategy of always trying and not being afraid to make mistakes.
• Work hard, play hard – this motto is definitely a good fit for us. We work to the best of our ability, but when it comes time to relax, we have a great time.

Dux means leader in Latin �C does that have any meaning for the company?

DUXGroup – is our new name, it was not chosen by chance. Dux means boss, a leader who brings together the best people to conquer the iGaming industry. Now, there are almost four projects in our holding, each one is unique and each is led by a Dux, who moves “the tribe” forward. We are sure that such a deep connection with the team and their perception as our own tribe can advance our position in the market.

You have recently acquired PinoCasino, how will the acquisition of this brand help develop DUXVentures?

It turned out to be a very successful purchase and one that paid off. At the time of the acquisition of PinoCasino, we already had a strong operational team in place, and the brand itself also had a small but strong in-house team. Our synergy and close communication allowed us to multiply the project’s revenue in the first quarter. DUXVentures is not a classic fund that donates money to dozens of projects in the hope that one of them will succeed. This is a fund that invests not only money, but also expertise. We actively operate on all projects and help founders shoot and build a great long-term story.

Tell us about DUXGroup Ventures – an iGaming VC fund, do you have plans to diversify the sectors you invest in?

We believe in focus. The iGaming market is very changeable and the team should be as involved and focused as possible. The market is huge, fast-growing, and promising. We don’t see the point in investing in other verticals, but at the same time we are happy to consider projects from related niches, for example, payment systems, game providers, projects in the advertising sphere, but it is important to us that all these projects work in the iGaming sector to achieve maximum synergy.

You have some new initiatives in the works. What can you share about these upcoming projects?

At the moment, we are finalizing the development of DUXPlatform, it is our own B2B platform, based on which it will be possible to launch your own online 바카라 with the touch of a wrench.

All major game providers such as 바카라’n GO, Pragmatic 바카라, Evolution Gaming and many others, as well as payment providers such as Sofort Banking, Paysafecard, Interac and others, have already been integrated there.

Its characteristic will be maximum flexibility and transparency for the partner, we believe that the time of “black boxes” has passed.

We also have a powerful BI platform that will help our partners get detailed data online: predictions for LTV, user return rate, tools for VIP / CRM teams, everything that is necessary for a successful operation, in our opinion.

You have offices in Malta and Cyprus. Do these locations in the Mediterranean offer any advantages for growth in the iGaming sector and do you have plans to expand to other locations within and outside Europe?

We are absolutely not tied to one place. We believe that the main key is people. We opened an office in Malta not because it is a fashionable place and there are many experts in the field of iGaming, although this is true, but because we have found a strong leader, a “dux” who has led the team and opened an office, recruited people and is leading them to victory.

We are open and relaxed, we are ready to open an office in any country in the world, the main thing is that there is a strong person, a leader.

Our main office is located in Cyprus, and all TOP management is located there. Many legal experts work with us in a remote format, and once a month, for 1-2 weeks, they come to Cyprus to get in touch with the team. In our opinion, it is important to be within the team and feel the team spirit.

What are DUXGroup’s long-term plans?

It may seem trite, but we sincerely want to do something that no one else has done before. We would like to revolutionize the world of iGaming. We don’t understand exactly how we’re going to do it, but we do know that we won’t stop until we complete it.

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