SBC Eurasia Weekly Digest: August 12 — 19, 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.

SBC is enhancing its commitment to supporting women in sports betting, online gaming, and related fields with the launch of the Women’s Empowerment Initiative (WE). In September, SBC will present its special program at the SBC Summit, taking place from September 24-26 at Feira Internacional de Lisboa.

Additionally, the upcoming SBC Summit Latinoamerica will equip 4,000 industry professionals with the latest marketing strategies, acquisition tactics, and technological advancements that can help them enhance their performance in the region, through the dedicated ‘Affiliates & Advertising’ educational program.

Imagine Live has entered the Georgian market through a new partnership with betlive. As a result, the company has confirmed the launch of a new dedicated studio to offer betlive players a “premium gaming experience.” While after signing an agreement with Amusnet, Casino.ua has expanded its content offering for the online casino on its Ukrainian platform.

VBET, having partnered with the Maltese top flight for the past two years, is the Official Sponsor of the Malta Premier League’s Manager of the Month and Manager of the Year awards. The new five-year partnership will feature extensive brand promotion through “spectacular signage” in stadiums, custom digital content on social media, and collaborations on digital innovation projects.

Additionally, VBET will continue as the title sponsor of the Ukrainian Premier League for the next three seasons. While the Ukrainian Gambling and Lotteries Commission has blocked five more unlicensed sites. The list of blocked sites includes 1xslot.com, Bet2casino.fun, Betmatch2win.com, Betwinner6.com and Kasinos-vip.net.

Entain Plc has upgraded its full-year 2024 forecast following better-than-expected Q2 results and revised regulatory timelines that facilitated the implementation of key updates. Moreover, Entain has announced the launch of Bectha, a new betting platform for the New Zealand market.

According to SOFTSWISS estimates, its affiliate marketing and management platform, Affilka by SOFTSWISS, has seen a twofold increase in gaming gross revenue (GGR) during the first half of 2024. While Sportradar AG has released its financial results for the second quarter, recording a 29% year-on-year increase in revenue from €216.4 million to €278.4 million (+€62 million). Management expects Sportradar AG to close the €1 billion revenue gap for the year, which would be the highest since its listing on the Global Nasdaq in 2021.

Peter Jackson, CEO of Flutter, highlighted the positive performance of the company in the UK market, where all four brands showed over 20% growth in the Q2.

DAZN has secured the international broadcasting rights to the Premier League for Spain and Portugal, covering the 2025-26 to 2027-28 seasons.

La Liga has signed a three-year deal with Luckia as its main gaming and entertainment partner. While Betsson has become the official sponsor of the Greek Premier League, signing a sponsorship deal with OFI Crete FC based in Heraklion.

Thailand has continued with the development of its legislation for a casino bill as it was put back to the public for feedback. The plans are seeking to significantly elevate tourism in the region as the bill enables significant growth of entertainment venues, which fall under the regulatory umbrella of a newly formed body. While Singapore’s Ministry of Home Affairs has introduced a series of amendments to the Casino Control Act in Parliament, designed to enhance the regulatory framework and protect vulnerable groups.

Wynn Resorts, following its acquisition of 155 acres of land on Al Marjan Island, has confirmed its ambitious plans for the “most exciting emerging market.” In light of the evolving regulatory framework in the UAE, Wynn Resorts CEO Craig Billings expressed enthusiasm about the region’s potential for gaming.

Shares of Macau casino operators have declined as the city prepares to intensify its crackdown on illegal money changing, targeting Chinese gamblers who circumvent the country’s capital controls.

APOJA, Paraguay’s Gambling Association, demands clarity on stalled gambling reforms in Paraguay. APOJA insists that stakeholders deserve an update on whether the articles intended to reform the gambling regime have been abandoned. 

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