SBC Eurasia Weekly Digest: June 17 — 24, 2024

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

There is just one day until the SBC Summit Tbilisi opens. Tereza Tokmajyan, Marketing Director at TotoGaming, shared how the company is preparing for the summit, and what they expect, as well as highlighted regional trends and challenges.

Armenia continues to enhance its gambling regulatory framework. The new regulations introduce differentiated taxes on gambling winnings, categorizing them as “large wins” and “regular wins.”

Fintech and payment companies in Kazakhstan are expressing concern over a proposed gambling regulation law that would create a new monopoly structure, the Unified Accounting System (UAS). Additionally, the regulation of gambling in Kazakhstan may be transferred to a new specialized structure within the Ministry of Tourism and Sports.

Sports betting and gaming solutions provider Digitain has extended its partnership with SoftGamings to integrate its virtual sports content.

Malaysian publication Sin Chew Daily reports that Malaysia-focused brand Genting continues to closely monitor the opportunity for a listing in the United States. While the Chinese Embassy in the Philippines has issued a statement urging the island nation to intensify its crackdown on offshore gambling.

EGT Digital continues to expand its presence in Romania by signing an agreement with winner.ro. While Evoke plc subsidiary, 888 Romania Limited, experienced a 48-hour suspension of its gaming license in Romania. 

Aggregator SOFTSWISS introduced a new Game Release Calendar tool, which expands information capabilities for partner operators. While Raketech has entered into a partnership with Baricata after agreeing to bring to market an AI-powered live casino dealer created by the Japanese gaming company.

William Hill is set to boost player engagement through a new partnership with the technology platform 2mee. The collaboration will utilize 2mee’s proprietary HoloMessage solution to deliver video messages from the William Hill team and brand influencers directly to customers via the operator’s website and app.

Gaming Innovation Group (GiG) has announced the spin-off of its media division, which will now operate as a separate entity named “Gentoo Media“.

Marley Winter allegedly operated a Ponzi scheme that amassed significant amounts of Australian dollars through poker. The Queensland Supreme Court has ordered Winter to pay 11 plaintiffs a total of A$4.8 million (US$3.2 million).

Esports betting operator Oddin.gg has formed a long-term partnership with YaLLa Esports, a leading esports media company and tournament organizer based in the United Arab Emirates. While CT Interactive has entered into an agreement with dynamically growing sports betting brand LiveScore Bet.

Bragg Gaming Group is expanding into new markets by partnering with Czech land-based casino operator Kings Entertainment to launch Kingsbet.cz, its own brand in the Czech Republic. While Betsson has partnered with Playtech Live to launch dedicated live casino tables exclusively for Betsson players.

Tabcorp Holdings has announced that Gillon McLachlan will assume the roles of CEO and managing director of the ASX sportsbook group, effective August 5. While Tipico Group has announced that Axel Hefer will take over as CEO, succeeding Joachim Baca, who will take over as Chairman of the Supervisory Board.

Goldman Sachs has acquired an additional stake in Kindred Group, now owning 5.4% of the shares and becoming the third-largest shareholder.

Crypto casino Stake has formed a partnership with UK-based responsible gambling non-profit BetBlocker, providing its customers with free access to the BetBlocker RG tool. This collaboration aims to enhance Stake’s player safety measures and minimize gambling-related harm.

BetConstruct, a leading provider of gaming and betting solutions, together with the renowned Gaming1 Group, providing a wide range of casino and sports betting services, are proud to announce a new partnership.

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