SBC CIS Weekly Digest: December 11 — 18, 2023

SBC CIS Editorial Team is happy to present a quick recap of the gambling industry events, news, regulations and partnerships that happened last week. 

The Ukrainian Gambling Regulatory Commission (KRAIL) reported a period of high activity in licence applications. In November 686 new participants expressed a desire to enter the gambling market.

The Chilean Senate will debate the content and form of the proposed Federal Gambling Law (035/2022), which aims to revise outdated laws regarding gambling in the Andean country. Despite unresolved differences, Chile’s Chamber of Deputies this week passed the bill with a majority of 97 votes in favor and 28 against.

The Senate of Brazil has approved the ‘basic text’ of Bill 3626/2023, providing the foundations for the launch of a federal sports betting market. Yet, following further amendments, the Senate has ordered that the Bill be returned to the Chamber of Deputies for further analysis. The decision follows three critical considerations debated by the Senate yesterday afternoon ahead of its symbolic vote. The Senate considered ‘amendments and limitations’, in which it upheld an appeal by Liberal Party Senator Carlos Portinho (RJ) to exclude online casino modalities from the Bill’s text.

The Parliament of Kazakhstan was discussing a bill aimed at limiting the activities of gaming establishments and regulating their advertising, while the Office of National Statistics reported that the volume of gambling services in the amount of 285 billion tenge was recorded in nine months of 2023. The Minister of Sports and Tourism, Ermek Marzhikpayev, confirmed that the Parliament is discussing changes that will restrict gambling for certain groups of people affecting everyone included in the register of debtors, alimony defaulters or those with loan debts. Additionally, an increase in the age threshold to 25 years and a complete ban on advertising of bookmakers and sweepstakes on all platforms are being considered.

Uzbekistan is getting ready to ban bank transfers to foreign gambling companies. If suspicious transactions are detected, the Central Bank of Uzbekistan will temporarily block customer cards for a period of up to three days.

IMG has gained exclusive rights to distribute international media products for Confederation of African Football (CAF) events in over 85 countries. The deal runs from 2023 to 2025, allowing the global sports, events and representation company to manage the broadcast of the two Africa Cup of Nations (AFCON) tournaments and the respective qualifying matches.

Sportradar has partnered with Tennis Data Innovations (TDI) to access global data and streaming rights for betting, and media data rights, for all ATP Tour and ATP Challenger Tour events.

The Italian Authority for Communications Guarantees (AGCOM) has issued significant fines to YouTube and Twitch (Alphabet Inc and Amazon respectively) for multiple violations of gambling advertising ban in the country.

DAZN is seeking to raise up to $1 billion to continue its strategy of rapid global growth, according to Bloomberg.

FIBA has extended its long-term partnership with Genius Sports Limited until 2035 to provide leagues and national federations with innovative computer recognition technology and artificial intelligence capabilities from 2025.

Sky Sports and TNT Sports have won the most expensive local football rights transfer in history.

Entain announced that it had supported over 200 aspiring athletes aiming for the Olympics, Paralympics, Commonwealth and World Championships through SportsAid.

NetBet Greece has entered into an agreement with Amatic that will allow them to provide games to players in the country.

Stats Perform has strengthened its position in the professional tennis world by extending its exclusive agreement to collect and distribute official WTA Tour data and live streams to licensed sportsbooks until the end of the decade.

Lion Gaming has unveiled its new product, the “iGaming Operator Finance Playbook”, following the stellar success of the “Ultimate iGaming Operator Marketing Playbook”. The company continues to offer unique ideas and strategies to iGaming operators.

Push Gaming has strengthened its position in the Romanian market through its partnership with Maxbet.Ro, giving players of the operator access to a diverse line-up of games, including the latest releases Boss Bear, Fish ‘n’ Nudge, Goat Getter and popular classics such as Wild Swarm.

NetBet Italy has partnered with Red Tiger, a studio part of Evolution, to bring new games to its players on the NetBet platform in Italy.

Wazdan has entered into an agreement with Gran Madrid Casino Online, a leading operator in Spain. This partnership represents a significant step for both companies as they join forces to expand their capabilities in the Spanish gaming market.

7777 Gaming has planned to increase its presence in Latin America after signing a content integration agreement with the Peruvian operator UniversalSoft.

Soft2Bet has successfully launched its brand in Romania, combining online casinos and sports betting on its platform. The new website implements Soft2Bet’s Motivational Engineering Gaming App MEGA, increasing user participation, expanding gaming volumes and increasing operator profitability.

Spinomenal has strengthened its presence in Spain by introducing a full range of slot games to the Gran Madrid online casino.

REEVO has entered into a partnership with SYNOT Games, adding their extensive catalogue of gaming slots to its own. The goal is to provide players with a unique gaming experience, and now REEVO can expand its line of services for operators to include games from SYNOT Games.

Stay tuned for more news this week and subscribe to our Telegram channel!