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  2. DeGaming Eyes Expansion: Édi Varela Appointed as New Commercial Director
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DeGaming Eyes Expansion: Édi Varela Appointed as New Commercial Director

14 October 20266 Min.by Lisa Lustich
Editorially reviewed by Lisa LustichLast review: 14 October 2026
DeGaming setzt auf Expansion: Édi Varela wird neuer Commercial DirectorAI-GENERATED

Web3 provider DeGaming strengthens its leadership with industry veteran Édi Varela. The firm, backed by €3.5m in funding, aims to revolutionize transparency in iGaming.

TL;DR · Key takeaway

DeGaming has appointed Édi Varela as its new Commercial Director to accelerate the growth of its Web3-native platform following a recent rebrand. Varela brings over a decade of experience from major firms like Sportingtech and Kaizen Gaming to implement the provider's 'Truth Beats Trust' philosophy. Central to their offering is the Glass Vault technology, providing real-time proof of funds to solve the industry's transparency issues. This move follows a €3.5m equity funding round and targets traditional Web2 operators.

The iGaming industry is facing a technological shift that could replace the traditional foundation of blind trust with cryptographic certainty. In this context, DeGaming, a specialist in Web3-native platform solutions, announced the appointment of Édi Varela as the new Commercial Director on 14 October 2026. Varela joins at a strategically critical moment as the company pushes for massive commercial expansion following its recent rebrand. With over a decade of experience in the iGaming and payments sectors, including senior roles at Kaizen Gaming, Gamingtec, and Sportingtech, he is tasked with bridging the gap between innovative blockchain technology and the traditional market.

Most recently, Varela served as Head of Sales at OpenTag. His mission at DeGaming will be to increase the reach of platform solutions among both pure Web3 businesses and established Web2 operators exploring new technological opportunities. The company's philosophy, Truth Beats Trust, stands at the center of this strategy. This is a direct response to the often-criticized opacity of traditional infrastructures, frequently perceived as a black box within the industry. DeGaming focuses on radical visibility of all processes on the blockchain.

Numbers and facts

The Stockholm-founded company operates on a solid financial base. DeGaming was established in 2023 by Richard Larsson and Emil Ahmed and secured €3.5 million in equity funding from XVC Tech. The product portfolio is substantial, with the white-label solution offering access to more than 6,000 games from over 200 different providers. A key feature is the deployment speed. According to the company, operators can launch a customized casino or sportsbook in just two weeks.

Technologically, the model relies on the proprietary Glass Vault architecture. This replaces the conventional reporting model with real-time proof of funds. It is complemented by the Bankroll-as-a-Service model, designed to reduce capital requirements for operators by providing scalable liquidity and payout backing directly on-chain. Every deposit, bet, and withdrawal follows the same path, making data manipulation nearly impossible.

Background

The appointment of Varela is the logical next step following the naming of Ulle Skottling as CEO in May 2025. Skottling, who previously held leadership roles at industry giants like Videoslots and NetEnt, sees the company at a turning point. The focus has shifted from developing the technology to achieving wider market adoption. Varela will lead a team of tenured professionals to optimize post-sales support and ensure that technological transparency translates into commercial success for partners.

"DeGaming is addressing a problem I have seen throughout my career in iGaming. There is a significant gap between what the industry asks people to trust and what they can actually see with their own eyes. I’m excited to lead a team of tenured professionals as we partner with new clients." - Édi Varela, Commercial Director at DeGaming

CEO Ulle Skottling added that Varela's experience across many areas of the industry gives him a uniquely broad perspective on customer needs. He understands commercial realities while seeing where the market is heading. This is crucial for turning the brand message into solid commercial relationships.

Why it matters for German players

For German players operating strictly within the framework of the State Treaty on Gambling 2021 (GlüStV 2021), these technological developments should be observed with caution. In Germany, legal online casinos must operate with a license from the Joint Gambling Authority of the States (GGL). These providers are listed on the so-called whitelist and are subject to strict requirements, such as the €1,000 monthly deposit limit and the €1 stake limit per round for slots. Furthermore, all legal providers are connected to the central OASIS lock system and the LUGAS monitoring system.

Web3 platforms like those offered by DeGaming often target an international clientele and use mechanisms that are currently hardly compatible with the rigid IT specifications of the GGL. While Glass Vault technology could theoretically strengthen player protection by guaranteeing payouts and providing visibility of separated funds, such systems must first undergo tedious certification for the German regulated market. Therefore, German players should continue to play exclusively with GGL-licensed providers to ensure legal security. Playing at unlicensed MGA or Curacao providers, even if they use modern Web3 technology, offers no protection through German authorities.

What it means for GGL-licensed casinos

For operators who already hold or are seeking a GGL license, DeGaming's technology could be interesting in the long term to strengthen customer trust. In a market characterized by a 5-minute deposit interval and strict identity checks, increased transparency regarding payout rates and account management could be a competitive advantage. However, such a platform would need to flawlessly map the strict segregation of player funds and data transmission to LUGAS.

The speed with which Web3 solutions like Bankroll-as-a-Service ensure liquidity could help smaller providers post the high security deposits required for a German license. Nevertheless, the regulatory hurdle in Germany remains high. As long as the GGL does not issue specific guidelines for blockchain-based platforms, these innovations will primarily remain a topic for the international market or preparation for a future, modernized regulation.

Key Takeaways

  • DeGaming appoints Édi Varela as new Commercial Director for the next growth phase.
  • The company received €3.5 million in equity from XVC Tech for platform development.
  • Glass Vault technology enables real-time verification of all funds on the blockchain.
  • DeGaming offers over 6,000 games from 200 different providers in its portfolio.
  • Ulle Skottling has led the company as Chief Executive Officer since May 2025.

Frequently asked questions

Who is the new Commercial Director of DeGaming?

Édi Varela takes over the position of Commercial Director. He has over ten years of experience in the iGaming industry and previously worked at Sportingtech, Kaizen Gaming, and OpenTag.

What is Glass Vault technology?

It is an on-chain architecture developed by DeGaming that replaces the traditional black-box model. it enables real-time proof of funds and ensures full transparency for transactions and payouts.

How much capital has DeGaming raised so far?

The company secured €3.5 million in equity funding. This investment was provided by the investor XVC Tech to advance the development of the Web3 platform.

Are German players allowed to play on Web3 platforms?

Players in Germany should only play on platforms that hold an official license from the GGL and are on the whitelist. Web3 providers without a German license do not meet the strict requirements of the State Treaty on Gambling 2021 regarding stake limits and player protection.

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About the author

Lisa Lustich

Lisa Lustich

Editor-in-chief & casino tester

Lisa Lustich has been testing German-language online casinos since 1997 and runs the Lustich.de newsroom. More than 400 published reviews, certified player-protection advisor (BZgA training, 2019).

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