{"id":6435,"date":"2024-08-05T06:29:33","date_gmt":"2024-08-05T05:29:33","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=6435"},"modified":"2024-08-05T06:29:37","modified_gmt":"2024-08-05T05:29:37","slug":"sbc-eurasia-weekly-digest-july-29-august-5-2024","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2024\/08\/05\/sbc-eurasia-weekly-digest-july-29-august-5-2024\/","title":{"rendered":"SBC Eurasia Weekly Digest: July 29 \u2014 August 5, 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.<\/p>\n\n\n\n<p>The upcoming <strong>SBC Summit<\/strong> will intensify its focus on equipping industry experts with top-tier payment solutions and compliance strategies with the <a href=\"https:\/\/sbceurasia.com\/obshhie\/2024\/08\/01\/v-ramkah-sammita-sbc-sostoitsja-sammit-dlja-jekspertov-po-platezham\/\">introduction<\/a> of the <strong>Payment Expert Summit<\/strong>. The event is scheduled for September 24-26 at the<strong> Feira Internacional de Lisboa<\/strong>. Additionally, <strong>SBC<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/08\/02\/sbc-awards-2024-shortlists-revealed\/\">has announced<\/a> the shortlists for the 11th edition of the <strong>SBC Awards 2024<\/strong>, the first ceremony to take place in Lisbon, as part of the inaugural SBC Summit.\u00a0<\/p>\n\n\n\n<p><strong>Digitain<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/07\/29\/digitain-strengthens-its-position-in-the-greek-market\/\">has received<\/a> all the necessary certifications to operate in Greece. The sportsbook and casino platform provider has received an A1 manufacturer license from the <strong>Hellenic Gaming Commission<\/strong>, allowing it to increase its presence in the regulated European market.<\/p>\n\n\n\n<p><strong>Sportradar<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/07\/29\/sportradar-unlocks-social-media-potential-with-ads\/\">has announced<\/a> the integration of live sports data and betting content into video advertisements through its <strong>ad:s <\/strong>paid social marketing solution.<\/p>\n\n\n\n<p>Few companies are as central to the gambling affiliate marketing ecosystem as<strong> Google<\/strong>. For marketers, <a href=\"https:\/\/sbceurasia.com\/en\/2024\/07\/31\/google-ad-revenue-grows-despite-cookie-policy-changes\/\">the big news<\/a> is that the \u201cCookiepocalypse\u201d has been canceled (or at least mitigated), and the company\u2019s quarterly results also hinted at the significant impact AI is having on search.<\/p>\n\n\n\n<p>After multiple attempts and numerous offers, <strong>Standard General<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/07\/29\/ballys-accepts-standard-generals-buyout-offer\/\">is finally set to acquire<\/a> <strong>Bally\u2019s<\/strong>. The company announced that it has reached an agreement to purchase the outstanding shares of Bally\u2019s for $18.25 per share. While Dutch live casino supplier <strong>Stakelogic<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/07\/30\/sega-sammy-acquires-stakelogic-for-e130m\/\">has entered<\/a> into an agreement to sell 100% of its equity shares to Japanese entertainment giant <strong>Sega Sammy Holdings<\/strong>, through its subsidiary <strong>Sega Sammy Creation<\/strong>.<\/p>\n\n\n\n<p><strong>Apollo Global<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/07\/30\/apollo-global-intervenes-with-6-3bn-bid-for-igt-and-everi-merger\/\">has initiated<\/a> a blockbuster deal to simultaneously acquire<strong> IGT Plc\u2019s Gaming<\/strong> &amp; Digital business alongside <strong>Everi Holdings Inc<\/strong>. While <strong>Stake.com<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/08\/01\/stake-com-bu%d1%83s-idealbet\/\">has confirmed<\/a> its acquisition of <strong>Baldo Line SRL<\/strong>, the operating company of Italian sportsbook <strong>Idealbet.it<\/strong>.<\/p>\n\n\n\n<p><strong>Boyd Gaming<\/strong> executives have finally addressed rumors of a multi-billion dollar acquisition of <strong>PENN Entertainment<\/strong>. Boyd CEO <strong>Kevin Smith<\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/07\/31\/boyd-gaming-ceo-addresses-penn-acquisition-rumors\/\"> responded<\/a> to a report from Reuters during the company\u2019s Q2 earnings call this week. The report detailed Boyd\u2019s interest in acquiring PENN Entertainment. The deal, which could be worth more than $10 billion, would be the largest merger in the gambling industry since Eldorado Resorts acquired Caesars Entertainment for $17.3 billion in 2020.<\/p>\n\n\n\n<p><strong>UAE<\/strong> regulators <a href=\"https:\/\/sbceurasia.com\/en\/2024\/07\/31\/uae-approves-license-for-first-authorized-lottery\/\">have issued<\/a> a license for the country\u2019s first officially authorized lottery. <strong>The Game LLC<\/strong> will operate the lottery under the <strong>UAE Lottery <\/strong>brand. In 2023, the UAE appointed former <strong>MGM Resorts<\/strong> CEO <strong>Jim Murren<\/strong> and associate<strong> Kevin Mullaly<\/strong> as Chairman and CEO of the GCGRA to explore commercial gambling opportunities. The appointments of Murren and Mullaly <a href=\"https:\/\/sbceurasia.com\/en\/2024\/08\/02\/jim-murren-heads-uaes-new-lottery-and-gambling-regulation-efforts\/\">indicated<\/a> the UAE\u2019s plan to launch exclusive tenders for casino resorts in Ras Al Khaimah, Abu Dhabi, and Dubai under strict conditions.<\/p>\n\n\n\n<p>Indian gaming company <strong>BigCash<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/07\/29\/bigcash-expands-into-brazil\/\">has launched<\/a> its entry into new markets, beginning with <strong>Brazil<\/strong>. While the <strong>New Zealand<\/strong> government <a href=\"https:\/\/sbceurasia.com\/en\/2024\/07\/31\/online-casino-regulation-coming-to-new-zealand-in-2026\/\">has announced<\/a> plans to regulate online casinos, with the new regulatory system \u201cto be in place from early 2026\u201d.<\/p>\n\n\n\n<p>XLMedia <a href=\"https:\/\/sbceurasia.com\/en\/2024\/08\/02\/%d1%80%d0%b5%d0%b7%d1%83%d0%bb%d1%8c%d1%82%d0%b0%d1%82%d1%8b-xlmedia-%d0%b7%d0%b0-%d0%bf%d0%b5%d1%80%d0%b2%d0%be%d0%b5-%d0%bf%d0%be%d0%bb%d1%83%d0%b3%d0%be%d0%b4%d0%b8%d0%b5-%d1%81%d0%be%d0%be\/\">confirmed<\/a> in its H1 2024 earnings call that the company\u2019s transition to a primarily North American-focused media network is close to completion. While it was a strong quarter for <strong>Sands China<\/strong>, which <a href=\"https:\/\/sbceurasia.com\/en\/2024\/07\/30\/sands-chinas-revenue-growth-underscores-macaus-success\/\">reported<\/a> revenue growth of 7.7 percent to $1.75 billion.&nbsp;<\/p>\n\n\n\n<p><strong>North Korean<\/strong> authorities <a href=\"https:\/\/sbceurasia.com\/en\/2024\/08\/01\/north-koreas-tallest-building-to-transform-into-a-casino\/\">have offered<\/a> casino management rights to any company willing to complete the interior work of the stalled <strong>Ryugyong Hotel<\/strong> project in Pyongyang.<\/p>\n\n\n\n<p><strong>Already Media<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/07\/29\/already-media-moves-headquarters-to-warsaw-for-technology-expansion\/\">has opened<\/a> a new headquarters in Warsaw, Poland to accelerate the growth of its commercial and technology affiliate and gaming media services. <strong>WynnBet<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/08\/02\/wynnbet-ceases-betting-services-in-new-york\/\">has officially stopped<\/a> taking bets in New York City as of July 30. After two and a half years of operating in the Empire State, WynnBet has updated its website to add New York City to the list of 10 jurisdictions where its platform has ceased operations.<\/p>\n\n\n\n<p><strong>Betway<\/strong> and <strong>Manchester City<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/07\/31\/betway-becomes-manchester-citys-global-betting-partner\/\">have announced<\/a> a new multi-year deal as the operator becomes the official global betting partner of the club.<\/p>\n\n\n\n<p><strong>BetComply<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/08\/01\/betcomply-ensures-hard-rock-casinos-successful-launch-in-the-netherlands\/\">provided<\/a> its technical and regulatory compliance services to iCasino, facilitating the licensing of the <strong>Hard Rock Casino<\/strong> operator brand in the Dutch market. While <strong>BGaming <\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/08\/02\/bgaming-strengthens-partner-relationships-with-first-look-games\/\">has announced<\/a> a partnership with <strong>First Look Games<\/strong> to host its gaming content portfolio on the latter\u2019s platform.&nbsp;<\/p>\n\n\n\n<p>A legal case concerning historic pre-regulation player losses in Germany <a href=\"https:\/\/sbceurasia.com\/en\/2024\/07\/30\/european-court-to-hear-case-over-german-players-losses\/\">has been passed<\/a> to the <strong>European Court of Justice (ECJ)<\/strong> for consideration. The case concerned a dispute between an online sports bettor and Malta-based betting operator <strong>Tipico<\/strong>. The player in question lost \u20ac3,719.26 (around $4,100) playing with the operator between 2013 and 2018.<\/p>\n\n\n\n<p><strong>Square in the Air<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/08\/01\/ben-cleminson-appointed-ceo-of-square-in-the-air\/\">has promoted<\/a> <strong>Ben Cleminson<\/strong> to CEO, with Founder and former Managing Director Bill Esdaile becoming Chairman of the largest marketing and communications agency in the betting and gaming industry.<\/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. The upcoming SBC Summit will intensify its focus on equipping industry experts with top-tier payment solutions and compliance strategies with the introduction of the Payment Expert Summit. The event is scheduled [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":6018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[9,1,564,10],"tags":[9277,9149,9126,8222,4256,909,9278,9172,77,3580,9281,510,9228,9280,1661,9174,1465,9185,1408,7286,9141,670,1479,9279,503,9236,697,759,9125,7408,4350,8758],"class_list":["post-6435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digest","category-news","category-slider","category-weekly-digest","tag-already-media","tag-apollo-global","tag-ballys-2","tag-betcomply","tag-betway","tag-bgaming","tag-bigcash","tag-boyd-gaming","tag-digitain","tag-everi-holdings","tag-first-look-games","tag-google","tag-hard-rock-casino","tag-idealbet","tag-igt","tag-kevin-smith","tag-manchester-city","tag-north-korea","tag-payment-expert","tag-penn-entertainment","tag-sands-china","tag-sbc-awards","tag-sbc-summit","tag-sega-sammy","tag-sportradar","tag-square-in-the-air","tag-stake","tag-stakelogic","tag-standard-general","tag-uae","tag-wynnbet","tag-xlmedia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SBC Eurasia Weekly Digest: July 29 \u2014 August 5, 2024 - SBC EURASIA EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2024\/08\/05\/sbc-eurasia-weekly-digest-july-29-august-5-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBC Eurasia Weekly Digest: July 29 \u2014 August 5, 2024 - SBC EURASIA EN\" \/>\n<meta property=\"og:description\" content=\"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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