SBC Eurasia Editorial Team is happy to present a quick recap of the gambling industry events, news, regulations and partnerships that happened last week.
Adam Lamentowicz, CEO of Superbet Romania, told the SBC Summit Lisbon audience that while Eastern European gambling markets are becoming more regulated and more competitive in 2024, the dynamics of change are still different from Western trends.
The arrest and investigation of Pavel Durov, CEO of the encrypted social network and messaging app Telegram, have raised concerns about the promotion of unlicensed cryptocurrency gambling websites.
According to the latest data from the Ministry of Sport of the Republic of Kazakhstan, as of August 22, 149,973 Kazakhs have submitted electronic requests to restrict their access to casinos and betting establishments. Moreover, 3,213 people have submitted similar requests in writing.
GoldenRace, a leading B2B provider of award-winning virtual sports and betting solutions, announces the successful certification of its games in Georgia, further strengthening its position in the fast-growing European market. While evoke has announced the acquisition of New Gambling Solutions S.R.L. (NGS) and its subsidiary, the Romanian operator Winner.ro.
The online gaming industry is experiencing growth across Europe, especially in Latvia. In recent years, online casinos in Latvia have faced increasing restrictions due to modern advancements, shifting consumer behaviors, and a regulatory environment focused on safe practices.
The new government of North Macedonia is going to introduce a number of major amendments to the Gambling Law. These reforms need to account for the country’s complex social and ethnic structure, as well as its relations with Balkan neighbors. While the number of gambling license applications has exceeded initial expectations in the Brazilian market as the deadline for submissions has passed. Reflecting the strong interest and enthusiasm from operators, a total of 113 companies have applied for licenses to operate in the region.
The Netherlands’ Gambling Authority, Kansspelautoriteit (KSA), has removed a YouTube video due to its alleged promotion of an illegal gambling site. The video, created by two Dutch influencers, promoted an unlicensed gambling website, which they admitted to using, directly violating KSA regulations.
CEO of Australian Crown Resorts Ciaran Carruthers has confirmed his departure after nearly two years with the company. While f “Sharply rising costs” has had a major impact on Holland Casino, which posted a loss of €3.5 million ($3.8 million) in the first half of 2024.
PointsBet has published its full 2024 financial year report, highlighting a 17% year-on-year increase in revenues. While Better Collective A/S remains optimistic about achieving its upgraded annual financial goals despite no changes in EBITDA in the Q2.
Gaming Innovation Group (GiG) lauds the continuous record-breaking momentum of its standalone media business operating under the new identity of Gentoo Media. Additionally, GiG has finalized its acquisition of SEO and content service provider Titan Inc. Limited.
For the first time in Poland’s history, STS will have exclusive rights to use Borussia Dortmund‘s logo within the Polish market, becoming a regional partner. While Liverpool FC has signed a long-term deal with Ladbrokes, naming the UK-based betting company as their Official Betting Partner for the UK and Ireland.
Sports data aggregation and streaming firm FeedConstruct has partnered with the Malta Premier League (MPL) for the 2024/25 season. While VBET has become the official betting partner of the Malta National Team.
Virtual Gaming Worlds, an online entertainment and gaming company known for its prize-based gambling games, has announced an expanded partnership between its Global Poker brand and 23-time Olympic gold medalist Michael Phelps.
Pragmatic Play expanded its sports betting offering by launching a horse racing product.
In a significantly positive sign for the progression of casino legislation in Thailand, ex Prime Minister Thaksin Shinawatra has declared his support for the sector.
Tabcorp, Australia’s largest online gambling operator, has been fined A$4.6 million (€2.8 million) by the Victorian Gambling and Casino Control Commission (VGCCC) for breaches of responsible gaming regulations in Victoria. While the Australian Communications and Media Authority (ACMA) has issued a warning to streaming service 10 Play for violating gambling advertising regulations. The violation involved airing gambling ads outside the permitted times during two live sports broadcasts.
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