Home Digest SBC Eurasia Weekly Digest: March 24 — 31, 2025

SBC Eurasia Weekly Digest: March 24 — 31, 2025

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

A former legal expert turned industry innovator, Levan Kavtaradze didn’t just transition into iGaming, but helped redefine it. He answers SBC Eurasia’s 10 questions about the pivotal moments of his career, the most significant industry shifts, and the philosophy that keeps him ahead in the ever-evolving world of iGaming.

SBC is evolving its strategy in the Americas by uniting SBC Summit North America and SBC Summit Latinoamérica into one powerful gathering — SBC Summit Americas. While the Fort Lauderdale event now unites both markets under one roof, its commitment to Latin America remains strong.

The government of Ukraine is expected to imminently announce the creation of a new state agency charged with the regulatory oversight of gambling activities. According to Ukrainian media, the agency would take on the title of “PlayCity” to replace KRAIL, the liquidated Gambling and Lotteries Commission of Ukraine.

Last week, the Finnish government submitted a bill to parliament, the Finnish Gambling Act, which, if approved, will dismantle the monopoly currently held by the Veikkaus state-owned operator. While the Dutch Gambling Authority (KSA) has confirmed its commitment to combating illegal gambling in 2025.

The European Court of Justice has ruled that changes to the rules governing gambling promotions planned for Lithuania are not legally binding. While underage and youth protections related to gambling in Montenegro are to be reviewed by a cooperative alliance formed by the Montenegrin Olympic Committee (COK) and the Administration for Games of Chance (UIS).

The Central Bank of Turkey (TCMB) has confirmed that the licences held by Pay Fix and Aypara have been suspended amid investigations into illegal gambling. While a number of prominent Indian actors have been accused of “accepting huge sums of money” to promote illegal betting platforms.

Raids on illegal casinos in Australia have increased amid ongoing debates about the regulation of the gambling industry. While Japan is set to update its gambling laws after Shigeru Ishiba‘s cabinet approved a new focus on combating addiction in the country.

Macau’s lagging base mass segment is set to receive a welcome boost in the coming months amid China’s recently announced plan to boost revenues and provide support in light of rising US tariffs on Chinese goods.

Sportradar has agreed to a blockbuster deal to acquire IMG Arena and a rights package. While Endeavor has completed the sale of OpenBet to OB Global

The Swedish Online Gambling Trade Association (BOS) has announced that BetConstruct, an international B2B betting and gaming solutions supplier, has joined its ranks. While PokerStars has surrendered its Isle of Man gaming licence however it is business as usual for players and staff.

A concerted M&A drive as well as a market-wide prioritisation of iGaming fuelled record results for Gambling.com. The online gaming affiliate group revealed revenue growth of 17% to $127.1m, from $108.6m in 2023, while adjusted EBITDA was up 33% to $48.7m ($36.7m). While Evoke Plc has called 2024 a pivotal year for its business, fulfilling its promise to return to growth in the online segment, despite an increase in corporate losses to $238.75 million.

The European Gaming and Betting Association (EGBA) has revealed that Europe’s betting market recorded total gross gambling revenue (GGR) of  €123bn in 2024.

The board of Svenska Spel has nominated Eva-Lotta Sjöstedt to serve as the new chair of Sweden’s state-owned gambling, toto, and lotteries group. 

Just as the accusations against Google and Apple appeared to have fallen away, refiling the case against them has once again raised questions over their role within the sweepstakes industry. Additionally, Google has placed a comprehensive ban on gambling-related advertisements in Nigeria following a significant shift in regulatory oversight.

In March 2025, La Française des Jeux (FDJ), the operator of France’s national lottery and one of the country’s largest bookmakers, announced its rebranding to FDJ United.

Parimatch has been named the official sportsbook and betting partner of the UFC in Asia. The collaboration made its debut at the fight between Leon Edwards v Sean Brady on Saturday, March 22, live at the O2 Arena in London.

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