SBC Eurasia Editorial Team is happy to present a quick recap of the gambling industry events, news, regulations and partnerships that happened last week.
Fastex, a leading member of the web3 ecosystem, is entering into a new partnership with the “Olympic” sports charity. Fastex is allocating up to 5 million Fasttoken (FTN) as part of a strategic alliance to support athletes who place in the top 3 at official Olympic, Paralympic and non-Olympic competitions, as well as other global and European non-Olympic sporting events together with their coaches.
Alphabook and Merab Dvalishvili (“the Machine”) have entered into a long-term partnership to continue to support the sport, especially in the field of mixed martial arts (MMA).
Allwyn International’s management believes that the global lottery sector is in a period of significant change driven by digital transformation and social change. These views and findings were presented in a report entitled “The Future of Lottery: A Game for Change,” produced by research agency The Future Laboratory.
Mateusz Juroszek, a new member of the board of directors of Gaming Innovation Group (GiG) and a partner at investment fund Betplay Capital, supports changes at GiG aimed at transforming the company into a leading innovator in the field of igaming media. GiG accelerated its restructuring plans by announcing the creation of two separate boards of directors for its Platform and Media subsidiaries.
Betby and LalaStars have announced a partnership to integrate Betby sportbook into the Lala.Bet brand. Additionally, Betby has released a major odds update to its Betby.Games platform. The goal of the update is to increase player participation in eSports betting. This update, aimed at the 2023/2024 season of the European continental top division competition, includes the draw for the quarter-final matches of the current championship.
FA CHAI becomes a new addition to SoftGamings’ extensive catalog of over 300 gaming providers and over 10,000 games. SoftGamings will bring key games from FA CHAI such as Lucky Fortunes, Golden Genie and Merge Magic to its portfolio, as well as exciting fishing games including Star Hunter and Monkey Key Fishing.
The Constitutional Court of Latvia has decided that the restrictions imposed by the Riga municipality on licensed gambling venues are illegal. The court called on the Latvian judicial system to reconsider the Riga Council’s plans to close 139 gambling venues in the capital.
Parliament of Romania approved a ban on gambling establishments in cities with a population of less than 15,000 people. While, Booming Games has significantly strengthened its presence in Eastern Europe, reaching an important milestone with the receipt of a temporary license for the Romanian market.
At the beginning of April, Hacksaw Gaming announced a new partnership with the leading operator in Lithuania — TOPsport. Lithuania’s longest-running land-based casino operator, Nese, has introduced its new brand in the field of betting and gaming services called Twinsbet. While, Wazdan has already formed an alliance with Twinsbet and described its new partnership as an “exciting opportunity” to expand its presence in the Baltics.
Play’n GO, a leading provider of casino gaming entertainment, has announced an expansion of its presence in the Spanish market through a new partnership with Betsson. Moreover, Betsson appeared on the front of the new Boca Juniors shirt, with the launch commemorating the club’s 119th anniversary. The blue and gold kit made its first appearance the following weekend in the game against Newell’s Old Boys. While, Fluminense Football Club celebrated its partnership with Superbet.
CT Interactive has expressed its intention to bring “unrivaled entertainment” to another part of the Bulgarian market after striking a partnership with Mr Bit. While, Altenar became the title sponsor of the Eastern European Gaming Summit (EEGS) 2024 conference in Sofia, Bulgaria. The event will take place on November 27 and 28 at IEC.
Leading casino content provider, Stakelogic, continues to expand in Europe by partnering with L&L Europe and integrating its innovative slot and live casino games onto their platform.
Golden Matrix Group Incorporated (NASDAQ: GMGI), a leading developer, licensor and global operator of online games and e-commerce platforms, has completed the acquisition of the MeridianBet group.
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