Home Digest SBC Eurasia Weekly Digest: December 2 — 9, 2024

SBC Eurasia Weekly Digest: December 2 — 9, 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.

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The working group established to evaluate whether France should regulate online casinos held its first meeting. This initial meeting focused on how regulation might help address addiction and problem gambling issues. Additionally, the French gambling regulator, l’Autorité Nationale des Jeux (ANJ), continues its efforts to combat illegal online gambling in the country. Recently, it announced the blocking of access to Polymarket.com, a platform using cryptocurrencies for betting.

The Riksdag has approved changes to Sweden’s Gambling Act 2018, allowing licence holders to process personal data related to legal offences.

The UK Gambling Commission (UKGC) and media tycoon Richard Desmond are close to settling a £200m claim over the National Lottery licensing process. While UK Gambling has been assured that the adoption of a new Statutory Levy and the application of £2/£5 stake limits will prove effective in reducing problem gambling harms and ensuring Britain has the safest gambling environments.

Crypto casino and sportsbook BC.Game has ceased operations in the UK market, elevating speculation over the future of the firm and its partnership with Leicester City FC.

GR8 Tech is preparing for a leadership transition in the new year. Starting January 1, 2025, Oleksandr Feshchenko will take over as Chief Executive Officer, replacing Evgen Belousov, who has led the company since its inception.

Merkur Group has announced significant personnel changes, appointing three new members to the Board of Directors as part of its generational transition program. Additionally, the Star Entertainment Group has confirmed the receipt of all necessary regulatory approvals for the appointment of Steve McCann as the company’s Group Chief Executive Officer and Managing Director.

Tai Kin Ip, an experienced Public servant and Head of Macau’s Economic and Technological Development Bureau, has been appointed as Secretary for Economy and Finance in the region’s new administration. 

BGaming’s Latin American expansion efforts have continued after the slot studio gained official approval to enter the Peruvian market. While the LeoVegas Group has expanded its presence in the German online gaming market with the introduction of a sportsbook offering, marking a major milestone in its European expansion strategy.

The partnership of Tabcorp and PandaScore aims to integrate esports data and odds across titles, with plans to expand to additional games and betting options in the future. While Yggdrasil has strengthened its influence in the cryptocurrency gaming market through a partnership with CoinCasino.

Google and Apple have become embroiled in the legal headlines surrounding sweepstake casinos after it was revealed that they were included in a class action lawsuit in New Jersey. While Curacao Governor Lucille George-Wuth and Prime Minister Gilmar Pizas have been named in a lawsuit over the government’s decision to issue gambling licenses last fall.

The Chamber of Deputies of Argentina has approved a Federal Bill to ban online gambling and sports betting advertising across all Argentine provinces. While ANJL reports that approximately 2,000 illegal betting sites are still operational in Brazil. This statement follows a warning from Anatel President Carlos Baigorri about the insufficient effectiveness of blocking such sites.

A new report by the Advertising Standards Council of India (ASCI) has revealed Instagram as the platform of choice for illegal operators to advertise their products to the local populace. 

The Philippine Bureau of Immigration (BI) said it expects about 20,000 former POGO workers to leave the country by the end of the month as time runs out before the ban on the offshore gambling industry goes into effect.

WSOP has announced new rules regarding the use of electronic devices at the gaming tables. These changes will be implemented before the start of the World Series of Poker Paradise festival, which will take place on December 13 at Atlantis Paradise Island. While PokerStars has expanded its partnerships by signing an agreement with NHL team, the Philadelphia Flyers. 

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