{"id":4850,"date":"2024-03-04T07:31:56","date_gmt":"2024-03-04T07:31:56","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=4850"},"modified":"2024-03-04T07:32:01","modified_gmt":"2024-03-04T07:32:01","slug":"sbc-eurasia-weekly-digest-february-26-march-4-2024","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2024\/03\/04\/sbc-eurasia-weekly-digest-february-26-march-4-2024\/","title":{"rendered":"SBC Eurasia Weekly Digest: February 26 \u2014 March 4, 2024"},"content":{"rendered":"\n<p><strong>SBC Eurasia <\/strong>Editorial Team is happy to present a quick recap of the gambling industry events, news, regulations and partnerships that happened last week.&nbsp;<\/p>\n\n\n\n<p><strong>SBC Summit Tbilisi <\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/29\/sbc-summit-tbilisi-2024-promises-growth-and-a-deep-dive-into-eastern-europe-central-asia\/\">is poised to reclaim the spotlight<\/a> on 25-26 June at the Sheraton Grand Tbilisi Metechi Palace. 1,500 senior sports betting and iGaming executives will reconvene in the heart of Georgia\u2019s capital, to solidify their foothold in the promising markets of Eastern Europe and Central Asia, while gaining invaluable insights into the nuances that shape industry dynamics.<\/p>\n\n\n\n<p><strong>Betby<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/03\/01\/betby-introduces-betting-platform-for-st8-without-unnecessary-integrations\/\">has signed an agreement<\/a> with game aggregator <strong>St8.io<\/strong>, under which the provider\u2019s betting platform will be made available to St8.io\u2019s operating partners. While, <strong>7777 Gaming<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/27\/softgamings-and-7777-gaming-jointly-strengthen-their-global-presence-in-the-world-of-gaming\/\">announces a strategic partnership<\/a> with <strong>SoftGamings<\/strong>. This collaboration not only expands 7777 Gaming\u2019s reach, but also brings over 140 top-notch casino games to SoftGamings\u2019 broad customer base.&nbsp;<\/p>\n\n\n\n<p>The number of gambling addicts in <strong>Ukraine<\/strong> is growing every year, but most of them (87%) were included in the list for 2023. This is <a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/26\/ukraine-sees-an-increase-in-the-number-of-gambling-addicts\/\">reported<\/a> by Opendatabot. According to<strong> the Ukrainian Regulatory Commission on Gambling and Lotteries (KRAIL)<\/strong>, 3,871 people have been added to the register in the three years since its inception.&nbsp;<\/p>\n\n\n\n<p>In <strong>Kazakhstan<\/strong>, there is a <a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/28\/possible-equation-of-lotteries-with-gambling-is-being-discussed-in-kazakhstan\/\">proposal<\/a> to equate lotteries with gambling. Experts emphasize that in recent years, the issue of gambling addiction has become an acute social problem in Kazakhstan. Gambling addiction not only affects the mental well-being of gamblers but also has a detrimental impact on the financial stability of their families, ultimately causing harm to society and the economy.<\/p>\n\n\n\n<p>In addition, it became known that <strong>Twitch <\/strong>and<strong> Kick<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/26\/anti-gaming-turkiye-takes-strong-action-against-twitch-kick\/\">were banned<\/a> in <strong>Turkey<\/strong> by the National Lottery Administration due to concerns about gambling. Both Twitch and its competitor Kick have come under fire several times in the past due to concerns surrounding broadcast gambling on their platforms.&nbsp;<\/p>\n\n\n\n<p>After ICE London, <strong>Iain Hutchinson<\/strong>, Chief Revenue Officer at<strong> Digitain<\/strong>, <a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/28\/digitain-unveils-advanced-mobile-betting-platform\/\">delves into<\/a> Digitain\u2019s innovative strategy in developing its sportsbook and iGaming platform. Additionally, at ICE London <strong>Soft2Bet<\/strong> presented its innovative product \u2014 a gamification application for motivational engineering, <strong>MEGA<\/strong>. <strong>Uri Poliavich<\/strong>, founder and CEO of Soft2Bet, <a href=\"https:\/\/sbceurasia.com\/en\/2024\/03\/01\/uri-poliavich-soft2bet-how-mega-is-becoming-the-key-to-attracting-two-billion-mobile-gamers\/\">explained<\/a> how MEGA is helping the company increase GGR, increase player engagement and triple screen time.&nbsp;<\/p>\n\n\n\n<p><strong>Gaming Corps<\/strong>, a Swedish game developer, <a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/26\/gaming-corps-paves-the-way-to-finland-and-norway-through-strategic-agreement-with-wknd\/\">has expanded its partner network <\/a>by adding <strong>WKND <\/strong>to bring its full range of games to Finland and Norway. At the same time,<strong> the Finnish Institute of Health and Welfare (THL)<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/03\/01\/gambling-harm-in-finland-is-worrying-inconsistent-with-trends\/\">has expressed deep concern<\/a> about the increase in cases of gambling disorders in Finland. Moreover, <strong>BML Group<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/03\/01\/failure-in-finland-bml-group-from-betsson-blacklisted-by-npb\/\">has been blacklisted<\/a> as unlicensed operators in the country by <strong>the Finnish National Police Board (NPB)<\/strong>.<\/p>\n\n\n\n<p><strong>Hacksaw Gaming <\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/26\/cooperation-with-joi-gaming-strengthens-hacksaw-gamings-position-in-the-dutch-market\/\">has announced<\/a> a strategy to strengthen its presence in the Dutch gaming market by entering into a partnership with <strong>JOI Gaming<\/strong>. Additionally, <strong>NetBet<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/27\/netbet-denmark-and-hacksaw-gaming-collaborate-to-craft-unique-gaming-experiences\/\">announces its new collaboration<\/a> with leading game developer Hacksaw Gaming, expanding its arsenal of top games offered to customers in Denmark. Another Hacksaw Gaming <a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/29\/strategic-partnership-between-hacksaw-gaming-and-top-bet-ltd\/\">partnership<\/a> was with <strong>Top Bet Ltd.<\/strong> on the Bulgarian market.&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/sbceurasia.com\/en\/2024\/03\/01\/sportingtech-strikes-content-distribution-deal-with-rubyplay\/\">A new partnership signed<\/a> by betting and gaming platform provider <strong>Sportingtech<\/strong> will see the integration of slot games from igaming development studio <strong>RubyPlay<\/strong> onto its platform.&nbsp;<\/p>\n\n\n\n<p><strong>Sportradar<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/27\/sportradar-deepens-cooperation-with-bundesliga-international\/\">has deepened its ties<\/a> with <strong>Bundesliga International <\/strong>by extending its exclusive partnership for six years until the end of the 2032 season. While, <strong>BetUK<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/29\/betuk-to-appear-on-blackburn-kit-in-newcastle-fa-cup-clash\/\">has been named<\/a> <strong>Blackburn Rovers<\/strong>\u2019 sleeve sponsor for tonight\u2019s FA Cup fifth-round match against Newcastle United. Also, <strong>Betano <\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/28\/betano-expands-its-influence-in-sports-new-phase-with-galo-includes-sponsorship-of-a-womens-team\/\">extends its partnership<\/a> with <strong>Brazilian Clube Atl\u00e9tico Mineiro (Galo) <\/strong>for next season.&nbsp;<\/p>\n\n\n\n<p><strong>The Financial Action Task Force (FATF)<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/28\/gibraltar-taken-off-fatf-grey-list-during-2024-paris-plenary\/\">excluded <\/a><strong>Uganda, the UAE, Barbados <\/strong>and<strong> Gibraltar <\/strong>from the list of redtaped countries. The latest FATF preliminary meeting concluded that they have fixed all AML deficiencies within the agreed timeframes. <strong>The International Tennis Integrity Agency (ITIA) <\/strong>has announced that <strong>James Blake <\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/28\/itia-sanctions-james-blake-for-promoting-tennis-betting\/\">has accepted a sanction<\/a> for breaching tennis\u2019 betting sponsorship rules. The Miami Open Tournament Director and former tennis player reportedly fully cooperated with the investigation and did not contest the charge.<\/p>\n\n\n\n<p>The<strong> PGA TOUR<\/strong> has made a strong commitment to fair sports betting by <a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/29\/pga-tour-enters-the-coalition-for-responsible-sustainable-betting-advertising\/\">partnering with<\/a> <strong>the Coalition for Responsible Sustainable Betting Advertising<\/strong>. The coalition and its members are committed to limiting betting advertising to adults only and avoiding over-promotion of gambling.<\/p>\n\n\n\n<p>The subject of tax exemptions on gambling prizes\/winnings <a href=\"https:\/\/sbceurasia.com\/en\/2024\/02\/27\/lula-challenged-to-include-betting-exemptions-in-new-tax-plan\/\">will be debated <\/a>once more by the government of<strong> Brazil<\/strong>. This follows the government\u2019s backing of Provisional Measure (1,206\/2024), which seeks to revise the monthly income tax exemptions for public wages up to BRL 2,824 (\u20ac530).<\/p>\n\n\n\n<p>Stay tuned for more news this week and subscribe to our <a href=\"https:\/\/t.me\/sbceurasia\">Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SBC Eurasia Editorial Team is happy to present a quick recap of the gambling industry events, news, regulations and partnerships that happened last week.&nbsp; SBC Summit Tbilisi is poised to reclaim the spotlight on 25-26 June at the Sheraton Grand Tbilisi Metechi Palace. 1,500 senior sports betting and iGaming executives will reconvene in the heart [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":4851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[9,10],"tags":[],"class_list":["post-4850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digest","category-weekly-digest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - 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