This week gives us a start to a new season of trade shows, product launches, company presentations, partnerships. The whole industry will meet once again, this time in person at one of the biggest trade shows in the industry in London.
We are here to give you the most talked about news of the last week so you could easily start conversations with your business colleagues, future partners and good friends that you’ve been missing for a while, we know that, because we are just like you. We are looking forward to more news coming out this week, but in the meantime, please allow us to present a quick recap of last week’s timeline.
This week on the menu — Regulations, Product Launches, Podcast Review and New Partnerships. Get yourself that hot Monday cup of coffee and jump right in!
Regulations
Armenia. Minister of Economy, Vahan Kerobyan, made a statement on a recent government initiative to restrict gambling advertising in the country.
«We understand that limiting advertising to sweepstakes causes a lot of damage to the media, but, nevertheless, a balanced decision was made. I do not think that investment attractiveness in the field of gambling is an important topic», — noted the official.
Kazakhstan. Minister of Culture and Sports, Askhat Oralov, approved the new rules for accepting, recording and storing of the information on accepted bets, odds, winnings and payouts on bets. According to the local media, the order provides for bookmakers and sweepstakes operators to connect to the Center for Accounting of Bets (Betting Center) and organize the acceptance of bets only through the cash desks connected to it.
Product Launches
Digitain launched a new payment product called Paydrom to make online transactions faster, safer and more convenient. Payment gateways offer over 400 payment methods worldwide, including localized methods such as e-wallets and cryptocurrencies.
BetConstruct introduced a new advanced analytical tool called Datasport. This tool will open up a range of opportunities for the platform’s partners and provide valuable insight into player behavior and preferences. As a comprehensive website analysis tool, Dataspot provides secure, accurate and industry-specific solutions to meet the needs of gamers and optimize user experience. Designed to provide statistical data in the form of interactive charts and data visualizations, Datasport is a great tool to help BetConstruct’s partners identify trends and patterns in user behavior and empower bettors.
GameArt launched a dedicated page for ICE London 2023 so that visitors can easily contact the team before and during the show, to give visitors an idea of what they can expect from the GameArt team at ICE, and for users to download the latest GameArt brochure.
Podcast Reviews
Šarūnas Mazalas, Chairman of the Hybrid Sports League which runs Twain Sport, in a recent podcast with SBC, talked about their recently launched products — T-Basket and T-Kick — designed to capture players’ attention during off-peak hours, to bring more excitement and engage audience at times when there are not enough of traditional sports are being broadcasted.
New Partnerships
SmartSoft announced their new partnership agreement with Betflag, an Italian operator. The agreement is made to allow players to have an unrivaled gaming experience and further cement both companies’ commitment to top-notch casino gaming.
Sports Information Services, a 24/7, multi-channel live betting provider, signed a content distribution agreement with BetConstruct, making their 24/7 live racing content available for the platform provider’s clients. This deal adds to BetConstruct’s vast network of high-quality racing content from around the world, delivering a significant value to the provider’s network of partner-operators.
GALAXSYS entered into a partnership with Mostbet bringing a range of games from the game studio portfolio to Mostbet players around the world. GALAXSYS is a rising star in the industry that has only been around for one year. Over the past year, the company has already grown significantly, building a highly specialized team of over 60 iGaming veterans, participating in eight international trade shows and winning three prestigious awards.
LiveScore Group’s CEO reported a £50 million investment from Ringier that the company received last year helping the group to expand its business, especially in Eastern Europe. With plans to enter the market in multiple regions in 2023/24, LiveScore is very fortunate to have entered into a strategic partnership with Ringier. They are confident that the partnership between the two companies will lead to great success.
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