Home Digest SBC Eurasia Weekly Digest: October 15 — 21, 2024

SBC Eurasia Weekly Digest: October 15 — 21, 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 Summit Latinoamérica, held at the Seminole Hard Rock Hotel & Casino in Miami from October 29-31, will spotlight some of the region’s most exciting gambling markets and dive into the advancements and breakthroughs that have turned these markets into key players in the global gambling landscape, as part of the Emerging Markets and Technology track. 

Sending identity documents can often be tedious, time-consuming and potentially risky. James Elliott, Director of Legal at LeoVegas Group, shared his personal experience with the audience at the Payment Expert Summit in Lisbon, describing the steps he had to take to verify his identity in order to attend the recent event in Portugal.

BGaming is aiming for further partnerships following the release of Snoop Dogg Dollars, its first celebrity-branded slot. Marina Ostrovtsova, CEO of BGaming, shared the company’s plans from Malta in an interview at the SBC Summit in Lisbon. While Digitain has announced a partnership with Colombo Sport, a regulated retail operator in the Dominican Republic.

The United Nations Office on Drugs and Crime (UNODC) has warned of a rapid rise in cybercrime and illegal online gambling in Southeast Asia.

KSA, the Netherlands Gambling Authority, has released its “Autumn Report for 2024”, which provides an update on trends and activities in the Dutch online gambling market under the Remote Gambling Act (KOA). While casino affiliate website AskGamblers has revealed that the majority of sports bettors in the UK are more inclined to place a bet on a hunch rather than taking a separate approach that is grounded in metrics.

Additionally, the UK gambling industry could be facing a significant tax hike, as new Chancellor Rachel Reeves searches for revenue raising measures ahead of a tough first Autumn Budget. While Ireland’s National Parliament is nearing the final stages of work on a bill to regulate the gambling industry.

The Confederation of Brazilian Football (CBF) has imposed a ban on unlicensed betting sponsorship from 11 October, which will apply to all levels of Brazilian football. While Sports Betting CPI Chairman, Senator Jorge Kajuru, has confirmed the committee has summoned West Ham United midfielder Lucas Paqueta to testify in a hearing related to match-fixing.

Entain Plc cites confidence in achieving the strategic objectives of year one of its corporate reorganization, as a new leadership team takes charge of the FTSE100 gambling group. While ESPN Bet has got off to a modest start in New York. The latest weekly report from the New York State Gaming Commission showed that the sportsbook took a $9.1 million handle and made $1.1 million in gross gaming revenue for the week ending Oct. 6.

In the 2024-25 season, one game per round of the Turkish Airlines EuroLeague regular season in the U.S. will be broadcast exclusively on FanDuel TV Extra, FanDuel TV+, and the free OTT platform FanDuel. Additionally, NBA Commissioner Adam Silver wrote a New York Times op-ed definitively advocating for sports betting expansion a decade ago. Ten years on, Silver insists he doesn’t regret his public support.

EvenBet Gaming has announced a significant update to its platform with the launch of Clubs, aimed at transforming the online poker experience for both operators and players. While BETER has partnered with 10bet to offer the operator its exclusive ESportsBattle tournaments, starting with eFootball and eBasketball.

Bally’s Corporation has demolished Tropicana Las Vegas as part of a farewell display which included fireworks and a drone show, before concluding with a 22-second implosion of the resort. While Genting Malaysia has rallied back against a lawsuit filed by Bahamas Casinos Resort World Bimini and vowed to vigorously defend against the claim.

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

Exit mobile version