{"id":6857,"date":"2024-09-16T06:42:19","date_gmt":"2024-09-16T05:42:19","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=6857"},"modified":"2024-09-16T06:42:28","modified_gmt":"2024-09-16T05:42:28","slug":"sbc-eurasia-weekly-digest-september-9-16-2024","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2024\/09\/16\/sbc-eurasia-weekly-digest-september-9-16-2024\/","title":{"rendered":"SBC Eurasia Weekly Digest: September 9 \u2014 16, 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>A highlight of the <strong>SBC Summit in Lisbon<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/12\/key-markets-at-sbc-summits-global-markets-lounge\/\">is the <strong>Global Markets Lounge<\/strong><\/a>, featuring a series of brief, expert-led sessions on the latest developments in key regions. Additionally, SBC is gearing up for a show-stopping Super Stage <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/13\/meo-arenas-super-stage-welcomes-a-list-lineup-for-sbcs-lisbon-premiere\/\">debut <\/a>at the impressive <strong>MEO Arena<\/strong>, one of Europe\u2019s largest indoor sports venues. SBC Summit attendees will have the rare opportunity to hear from legends like Tony Hawk, Sir Tim Berners-Lee, Lu\u00eds Figo, Peter Schmeichel and Merab Dvalishvili, as well as some of the industry\u2019s most prominent figures, in what promises to be an inspiring event.<\/p>\n\n\n\n<p>Moreover, the travails of betting and gaming SEOs during a year of chaotic activity by Google <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/10\/sbc-unveils-new-affiliate-leaders-magazine\/\">is the subject <\/a>of the cover story for the launch issue of SBC\u2019s new <strong>Affiliate Leaders magazine<\/strong>.<\/p>\n\n\n\n<p><strong>Kelly Kehn, Paris Smith,<\/strong> and <strong>Sue Schneider<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/09\/kehn-paris-and-schneider-introduce-defy-the-odds-to-revolutionize-igaming-mentorship\/\">introduced<\/a> <strong>Defy the Odds<\/strong>, which aims to mentor and grow the next wave of industry entrepreneurs.&nbsp;<\/p>\n\n\n\n<p><strong>Thailand\u2019s <\/strong>Deputy Finance Minister<strong> Julapun Amornvivat <\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/09\/thai-government-to-move-forward-with-casino-plan\/\">has said<\/a> the mega entertainment complex and casino will proceed. While <strong>the Indian government<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/12\/india-retains-28-gst-rate-on-gambling\/\">has upheld<\/a> the 28% GST rate on gambling despite concerns within the industry.<\/p>\n\n\n\n<p>According to a recent ruling by the <strong>Supreme Court of the Netherlands<\/strong>, Cura\u00e7ao master license holders <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/10\/supreme-court-ruling-curacao-master-licensees-are-liable-for-the-actions-of-sublicensees\/\">can be held<\/a> liable for violations committed by their sublicensees. While <strong>the Christian Democratic Appeal (CDA) <\/strong>in the Netherlands <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/10\/cda-intensifies-pressure-on-netherlands-government-to-impose-ban-on-online-gambling\/\">is increasing pressure<\/a> on the government to potentially impose a ban on online gambling.<\/p>\n\n\n\n<p><strong>Kambi Group Plc<\/strong> Chairman <strong>Anders Str\u00f6m<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/09\/kambi-group-refutes-rumors-of-genius-sports-merger-talks\/\">has refuted<\/a> reports of a potential merger with <strong>Genius Sports. <\/strong>While <strong>Allwyn International <\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/11\/allwyn-international-completes-iwg-acquisition-amid-changing-uk-market-dynamics\/\">has demonstrated<\/a> its ability to successfully execute strategic directives to further transform its global lottery operations and products.<\/p>\n\n\n\n<p>After <strong>MGM<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/13\/mgm-finalizes-its-commitment-to-entering-the-japanese-casino-market\/\">waived<\/a> its right to exit the Japanese casino market, plans to launch casinos in the region by 2030 have entered the formalization stage.<\/p>\n\n\n\n<p><strong>The Hong Kong Jockey Club<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/11\/hong-kong-jockey-club-reports-3-turnover-decline-amid-global-uncertainty\/\">reported<\/a> a notable decline in its financial performance for FY2023\/24, with several external factors impacting overall racing wagering turnover. While <strong>Grupo Codere SA<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/12\/codere-posts-e117-million-loss-in-h1-creditors-write-off-e1-billion-in-debt\/\">reported <\/a>a net loss of \u20ac117 million ($125 million) for the year, reflecting weak financial results for the first half of 2024.<\/p>\n\n\n\n<p><strong>Grupo CIRSA<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/11\/cirsa-hits-e1bn-in-net-revenue-ahead-of-apuesta-total-acquisition\/\">has raised<\/a> its 2024 EBITDA guidance to \u20ac680m-\u20ac710m ($725m-\u20ac760m) as it seeks to expand its presence in South America through its acquisition of a majority ownership in Apuesta Total, a leading Peruvian bookmaker.<\/p>\n\n\n\n<p>UK broadcasting regulator <strong>Ofcom<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/11\/twitch-earns-ofcom-approval-for-improved-adult-content-safeguards\/\">has acknowledged<\/a> improvements in <strong>Twitch\u2018s<\/strong> accuracy in labeling mature content following a review of the platform\u2019s updated classification guidelines. Additionally, <strong>GAMSTOP<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/10\/gamstop-surpasses-half-a-million-registrations-for-self-exclusion-service\/\">has announced<\/a> that over 500,000 individuals have registered for its self-exclusion service since its inception in 2018, with a noticeable trend of younger users signing up.<\/p>\n\n\n\n<p><strong>BETER Live<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/11\/beter-live-begins-new-phase-of-development-under-iconic21-brand\/\">has announced<\/a> its rebranding and name change to <strong>ICONIC21 <\/strong>following its recent separation from <strong>BETER Group<\/strong>.<\/p>\n\n\n\n<p>Global sports betting and gaming leader <strong>Betway<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/09\/betway-announced-as-european-betting-partner-of-chelsea-fc\/\">has signed<\/a> a multi-year deal with <strong>Chelsea FC<\/strong> to become the \u2018European Betting Partner\u2019 for the five-time Premier League champions. While <strong>evoke<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/12\/evokes-888casino-extends-partnership-with-canadian-football-league\/\">has extended <\/a>its partnership with the <strong>Canadian Football League (CFL)<\/strong> for a second season, maintaining its status as one of the league\u2019s official operators.<\/p>\n\n\n\n<p><strong>bet365<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/11\/bet365-fined-for-second-time-in-a-month-by-new-jersey-authorities\/\">has been fined<\/a> for the second time in a month by New Jersey authorities, this time for $33,000, after accepting bets on events that had already concluded and on games not approved for betting. While Las Vegas casino <strong>Wynn Las Vegas (WLV)<\/strong>, a subsidiary of <strong>Wynn Resorts<\/strong>, <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/13\/wynn-las-vegas-surrenders-130m-over-unlicensed-money-transmission-allegations\/\">has forfeited<\/a> $130m as part of a non-prosecution agreement with the US Department of Justice and the US Attorney\u2019s Office for the Southern District of California over unlicensed money transmitting allegations.<\/p>\n\n\n\n<p><strong>Police<\/strong> <strong>authorities<\/strong> across several <strong>German<\/strong> <strong>states<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/12\/17-matches-of-amateur-leagues-in-germany-under-suspicion-of-being-fixed\/\">have confirmed<\/a> that they have opened an investigation into 17 football matches on suspicion of match-fixing.<\/p>\n\n\n\n<p>In a rare victory for the troubled <strong>Star Entertainment Group<\/strong>, the <strong>Brisbane Supreme Court <\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/13\/singapore-gambler-ordered-to-repay-au38m-to-star-gold-coast\/\">has ruled<\/a> that a Singaporean man, who accumulated gambling debts exceeding AU$38 million (US$25 million) at <strong>the Star Gold Coast<\/strong>, must repay the amount. While the <strong>Gibraltar High Court <\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/09\/13\/gibraltar-court-orders-former-mansion-group-ceo-to-pay-over-2-7-million\/\">has ruled <\/a>against former <strong>Mansion Group CEO Karel Manasco<\/strong>, who was accused of extorting funds from the company\u2019s accounts and abusing his position.<\/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. A highlight of the SBC Summit in Lisbon is the Global Markets Lounge, featuring a series of brief, expert-led sessions on the latest developments in key regions. Additionally, SBC is gearing [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":6590,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[9,1,564,10],"tags":[9359,7967,5783,266,192,4256,9802,774,9697,8666,3388,936,9736,9801,9240,9744,7108,9790,9698,9787,9729,9699,8948,9804,4752,1051,9803],"class_list":["post-6857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digest","category-news","category-slider","category-weekly-digest","tag-affiliate-leaders","tag-allwyn-international","tag-anders-strom","tag-bet365","tag-beter","tag-betway","tag-canadian-football-league","tag-chelsea","tag-defy-the-odds","tag-evoke","tag-gamstop","tag-genius-sports","tag-grupo-cirsa","tag-grupo-codere","tag-hong-kong-jockey-club","tag-iconic21","tag-kambi-group","tag-karel-manasco","tag-kelly-kehn","tag-mansion-group","tag-ofcom","tag-paris-smith","tag-sbc-summit-lisbon","tag-star-gold-coast","tag-sue-schneider","tag-twitch","tag-wynn"],"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: September 9 \u2014 16, 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\/09\/16\/sbc-eurasia-weekly-digest-september-9-16-2024\/\" \/>\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: September 9 \u2014 16, 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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