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KeyStar Corp. Board of Directors Appoints Mark Thomas as New Chief Executive Officer

Harry Johal

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KeyStar Corp. Board of Directors Appoints Mark Thomas as New Chief Executive Officer


Company to take a more focused approach towards B2C sports betting.

Press Release



updated: Jan 20, 2023

KeyStar Corp.® (OTC: KEYR) has announced the appointment of Mark Thomas as its new Chief Executive Officer, effective Jan. 10, 2023. Thomas was previously the Co-Founder & CEO of ZenSports, Inc. prior to its acquisition by KeyStar Corp. in 2022. Thomas succeeds John Linss as CEO, who has stepped down from the position.

“We thank John Linss for his service to KeyStar Corp., including his work on finalizing the acquisition of ZenSports,” said Bruce Cassidy, Chairman of the Board. “The Board has decided to take an approach of focusing the company solely on B2C sports betting for the foreseeable future, and Mark Thomas is the perfect fit to lead these initiatives given his prior experience with ZenSports.”

Under Mark’s leadership as the Co-Founder & CEO of ZenSports, the company developed a mobile gaming platform that offers a traditional sports book, peer-to-peer sports betting, and wagering in fiat and cryptocurrencies. He led the product vision and strategy, recruited the entire team across all functional areas, and raised $10M+ in venture capital funding.

As part of the Board mandate to have a focused approach on just B2C sports betting, Thomas will be responsible for ensuring that ZenSports is able to successfully enter and grow within the U.S .market.

“Mark has done a great job previously with ZenSports, growing the business in the European market and obtaining a Nevada gaming license in 2021,” said Cassidy. “We have full faith and confidence that he will be able to do the same under KeyStar moving forward.”

“I am thrilled and honored that the Board has asked me to lead KeyStar Corp. as its new CEO,” said Thomas. “The ZenSports platform is an innovative brand that is leading the future of sports betting, and we have the right team and product in place to grab a significant share of the U.S. sports betting market in the coming years.”

Bruce Cassidy remains on as the Chairman of the Board. 

Mark Thomas Biography

Mr. Thomas joined KeyStar Corp. as its Chief Product Officer as part of the company’s acquisition of ZenSports, Inc. in June 2022. Mr. Thomas co-founded and was the Chief Executive Officer of ZenSports since August 2016. Under his leadership, ZenSports developed a mobile gaming platform that offers a traditional sports book, peer-to-peer sports betting, and wagering in fiat and cryptocurrencies. He led the product vision and strategy, recruited the entire team across all functional areas, and raised $10M+ in venture capital funding. Prior to co-founding ZenSports, Mr. Thomas was the Chief Executive Officer of Reesio, a venture-backed real estate software platform he co-founded in 2012. Reesio automated the paperwork and manual processes that went into buying and selling a home for real estate professionals and their clients. Reesio was acquired by News Corp’s Realtor.com in 2015. Mr. Thomas began his career working in corporate finance and accounting for companies such as McKesson, Gap, Inc. and Carl Zeiss Vision before founding his first company in 2005, an executive recruiting agency in San Francisco that worked with Fortune 500 clients, including Coca-Cola, Expedia, and McKesson. Mr. Thomas sold the recruiting agency in 2008 and transitioned into working in tech, co-founding two startups within the Human Resources and Recruiting industry. Mr. Thomas also spent time working at Intuit as a Senior Product Manager, which he left in 2012 to co-found Reesio.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “seek,” “believe,” “estimate,” “expect,” “strategy,” “likely,” “may,” “should” and similar references to future events or periods. 

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Source: KeyStar Corp.



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Editor's Choice

Bollywood Under the Influence: How Paid Media Distorts Reality

H Johal

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Balle Balle Radio Entertainment Desk

 

December 31, 2025

 

Bollywood Under the Influence: How Paid Media Distorts Reality

 

## Bollywood’s Battle for Authenticity: Unmasking Paid Media’s Influence

 

**Mumbai, India** – The dazzling world of Bollywood is facing a reckoning as concerns mount over the increasing reliance on paid media and fabricated publicity. Veteran journalists and industry insiders are sounding the alarm, warning that these practices are eroding the very foundation of authenticity upon which the Indian film industry was built. The shift, they say, is creating a distorted reality for both the stars and the audiences who adore them.

 

The core issue, according to a recent panel discussion among industry experts, centers on the curated image. Celebrities and studios are increasingly investing in paid channels to shape their public perception. This involves filling press events with paid attendees and strategically cultivated fan clubs, manufacturing an atmosphere of overwhelming adoration, as opposed to genuine engagement with critical media. One panelist bluntly stated this trend replaces authentic dialogue: “You want your applause, so you gather people like that.”

 

This calculated approach, the panel argued, directly undermines the role of traditional journalism. Critical analysis is being sidelined in favor of public relations-driven narratives. Audiences are left with a skewed understanding of films, talent, and overall quality. The rise of paid reviews, both positive and negative, further muddies the waters. This makes it exceedingly difficult for the public to distinguish between genuine opinions and strategically manufactured hype. A panelist revealed the open secret: “Positive reviews are paid for, negative reviews are paid for,” highlighting the pervasiveness of the issue.

 

Panelists pointed to examples such as Shah Rukh Khan’s pioneering use of lavish hotel halls reserved for fan clubs on his birthday. They argue that while such displays generate immediate validation, prioritizing them over genuine skill development ultimately harms the industry. One panelist warned, “You are killing yourselves with your own hands,” underscoring the long-term consequences of prioritizing image over substance.

 

The consensus among experts is clear: the over-reliance on paid media poses a significant threat to the long-term viability of Bollywood. By prioritizing image over artistic integrity and genuine storytelling, the industry risks losing touch with its audience. The challenge now is whether Bollywood can reclaim its authenticity and reconnect with the core values that once defined it, or if it will continue down a path of manufactured hype and distorted realities.

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Editor's Choice

Inside Bollywood’s Silence: The Real Reason Dhurandhar Isn’t Being Celebrated

H Johal

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Inside Bollywood’s Silence: The Real Reason Dhurandhar Isn’t Being Celebrated

 

In a season where Bollywood films are loudly pushed, praised, and plastered across every digital corner, the curious silence surrounding Dhurandhar has raised more questions than answers. Social media has been buzzing with talk of nepotism, PR politics, and manipulated corporate bookings. But industry insiders tell a very different story—one that has less to do with individuals, and everything to do with genre power, studio territory, and the fragile ego structure of Bollywood’s biggest players.

 

At the heart of the storm lies a simple fact: Dhurandhar is a spy thriller. Not just any thriller—the genre Bollywood unofficially considers the exclusive territory of Yash Raj Films. For over a decade, YRF has aggressively built its “Spy Universe,” treating it like a cinematic fortress. The studio’s identity, revenue expectations, and long-term franchise planning are deeply tied to the success of this genre. So when War 2—their highly anticipated blockbuster—released earlier this year and struggled at the box office, it didn’t just bruise egos; it shook the foundation of the Spy Universe itself.

 

Against this backdrop, the arrival of Dhurandhar became a complication no one at YRF wanted. Insiders insist the silence around it isn’t about actor rivalries or PR games. It’s far more strategic. Publicly celebrating another studio’s spy thriller—especially one gaining genuine praise—would inevitably weaken the narrative YRF is trying to rebuild with its upcoming film Alpha. Acknowledging Dhurandhar would mean accepting a new, strong competitor in the very space YRF claims as its own.

 

There’s also the added complexity of personalities. Industry veterans quietly acknowledge the friction between “Gangu” and certain YRF loyalists. Some believe that any hype around Dhurandhar will reflect indirectly on Ranveer Singh, an actor who has been caught in the crosshairs of shifting alliances and subtle jabs from prominent names. Even recent comments by Filmfare’s Jitesh Pillai, insiders say, were not random—they were part of the larger mood within the establishment.

 

What is particularly telling is that this silence cannot be explained by corporate bookings or inflated footfall numbers. Brahmāstra pioneered and benefitted from such tactics, yet it received full-throated celebration from every camp. The absence of similar support for Dhurandhar points clearly to the genre politics at play.

 

Behind-the-scenes tea also hints at larger ripples: whispers of Deepika Padukone stepping away from an Ayan Mukerji–Ranbir Kapoor project have surfaced, possibly tied to the tense undercurrents created by this power struggle. Whether these developments are temporary or signal a deeper fissure will become clearer in the coming months.

 

For now, what remains undeniable is the industry’s discomfort. Dhurandhar is being quietly acknowledged as a good film—good enough to challenge the supremacy of the Spy Universe itself. And in a world where brand territories matter more than merit, silence has become a weapon.

 

As Bollywood inches toward the release of Alpha, expect the temperature to rise, alliances to shift, and narratives to be aggressively shaped. Because in this battle, it isn’t actors fighting for acclaim—it’s studios fighting for genre dominance.

 

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