SBC CIS Editorial Team is back this week with another portion of the news compilation, something that rocked the world of sports betting and iGaming last week and something that needs to be properly integrated into your business life this week.
We are starting with Breaking News that shook the Ukrainian gambling market last Friday, on March 10 — Parimatch Ukraine was hit by sanctions against russian gambling operators in Ukraine. The President of Ukraine issued a decree No. 145/2023 introducing the sanctions list which includes 287 legal entities and 120 individuals associated with the gambling sector. The sanctions list was developed by the National Security Council of Ukraine. It introduces restrictive measures that will last for up to 50 years. This includes blocking of assets, revocation of licenses, prohibition on the transfer of intellectual property to third parties, trading operations, transfer of goods and withdrawal of the capital. In addition to the representatives of the terrorist country, local companies were also sanctioned in Ukraine, namely Parimatch, Pokermatch.ua, Pointloto, Leo Financial Company (payment systems), Your Betting Company (a Ukrainian legal entity that had previously received and then rapidly lost a license under the brand 1xBet).
SBC Summit North America First Pitch competition is officially open and will run until March 31st. The event provides a unique platform for start-ups in the sports betting and gambling industry to showcase their innovative products and present their business ideas to leading experts and investors. The startup competition will take place at the Meadowlands Convention Center in New Jersey and will be part of the Emerging Tech & Investment conference on May 10th.
Digitec 2022, a major technological event, was held in Armenia on March 10 with the leading Armenian technology company, Digitain, as an event partner. Over 100 exhibitors presented their products, services, and companies to tens of thousands of B2B, government, education, and B2C attendees.
The U.S. Securities and Exchange Commission (SEC) announced that Flutter Entertainment has agreed to pay a $4 million in settlement to address violations of U.S. securities laws. The settlement, which came to light from the SEC this morning, concerns violations of the Exchange Act by Flutter’s Russian gaming affiliate, PokerStars. An investigation by the US Financial Markets Authority found that between May 2015 and May 2022, PokerStars paid approximately $8.9 million to Russian consultants to support the company’s operations and efforts to legalize poker in the country.
Malta Gaming Authority (MGA) announced data sharing partnership with the Integrity Research Unit of the Badminton World Federation (BWF). To demonstrate the World Badminton Federation’s commitment to a clean and fair sport, the agreement was recognized as a key element in badminton players’ control of suspicious bets. This initiative will be used to collect information on athletes, analyze match and competition details, and investigate possible match manipulation.
In Ukraine, a series of five roundtables was held in partnership with the Bet On Good Foundation, where SBC spoke to Ukrainian companies to find out how they were affected by the war that russia waged against their country.
The Racing Partnership (TRP) announced that Betfred will begin hosting the full Greyhound Fixtures schedule on April 1, 2023. As part of the agreement, the bookmaker receives 36 greyhound competition fixtures per week from TRP.
Endorphina signed a new partnership with St8, an innovative iGaming company focused on cutting-edge casino APIs. The new partnership will give St8 customers and players access to Endorphina’s acclaimed Hell Hot and Lucky Strike series, as well as the recently released The Vampires II and Crystal Skull.
Realistic Games made its debut on the Romanian market with a new partnership with renowned operator Superbet. With the new partnership, Realistic Games will bring the first of its fan-favorite games to the Romanian market, having certified 52 games last year. Romania’s national regulator, ONJN, has approved the use of 15 of the most popular games developed by the Superbet studio, including the recent hits Book of Charms and table games such as Gorilla Riches.
Zitro arrived in Croatia in collaboration with Luckia, setting a new milestone in geographic expansion. Thus, the most successful video slots on the market have already appeared at Casino Zagreb, offering a large number of prizes. The top-notch Fusion Glare slots include all the exciting features that players love. These slot machines have proven to be some of the safest in casinos around the world.
7777 Gaming certified over 50 games for Romania. The company is also licensed to offer its innovative and popular games to Romanian operators. The company’s Romanian-certified games are among the top performers in 7777’s extensive casino portfolio. The company plans to create new and exciting business opportunities with innovative brands looking for engaging and personalized content for their online casinos.
B2B content aggregation platform REEVO added the innovative game studio platform Gamzix as a partner. By adding its content to the REEVO platform, Gamzix will gain access to both REEVO partner operators and features such as advanced analytics and advertising tools. REEVO partners will also have immediate access to existing and upcoming Gamzix content, providing additional depth and variety to third-party REEVO vendors through REEVO’s leading aggregation platform.
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