{"id":7396,"date":"2024-11-04T05:58:33","date_gmt":"2024-11-04T05:58:33","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=7396"},"modified":"2024-11-04T05:58:40","modified_gmt":"2024-11-04T05:58:40","slug":"sbc-eurasia-weekly-digest-october-28-november-4-2024","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2024\/11\/04\/sbc-eurasia-weekly-digest-october-28-november-4-2024\/","title":{"rendered":"SBC Eurasia Weekly Digest: October 28 \u2014 November 4, 2024"},"content":{"rendered":"\n

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

Evolution<\/strong> CEO Martin Carlesund<\/strong> revealed<\/a> the situation for the firm in Georgia is \u201cstable\u201d with its studio currently operating at around 60% capacity, a level that it hopes will remain after significant disruption caused by union strike action. While Kazakhstan\u2019s Committee for the Regulation of Gambling Business and Lotteries<\/strong> has added<\/a> 1,820 internet resources to its list of banned sites, as they were identified as unlicensed online casinos.<\/p>\n\n\n\n

At the SBC Summit in Lisbon<\/strong>, Thomas Donson<\/strong>, Head of Trading at DATA.BET<\/strong>, discussed<\/a> with SBC\u2019s Content Director Ted Menmuir<\/strong> the differences in the needs of esports users and clients of traditional sportsbook platforms.<\/p>\n\n\n\n

Additionally, SBC<\/strong> is raising the bar with Brazilian DJ megastar Alok<\/strong> headlining<\/a> the unmissable INFINITY Rio<\/strong> party on 27 February at SBC Summit Rio 2025<\/strong>. Building on the incredible success of the first INFINITY edition in Lisbon, Alok\u2019s world-class talent, global fame, and electrifying sets will ensure yet another unforgettable night of high-energy music, creating an extraordinary closing experience as the industry\u2019s biggest party, INFINITY, makes its Brazilian debut in Rio.<\/p>\n\n\n\n

The Senate of Brazil<\/strong> has \u201cpartially delayed\u201d<\/a> the Commission of Inquiry (CPI) <\/strong>investigations aimed at reviewing the laws, standards, and protections of the Bets regime. While Sportradar<\/strong> has signed<\/a> a Technical Cooperation Agreement with the Brazilian Ministry of Finance<\/strong>, through the Secretariat of Prizes and Betting.<\/p>\n\n\n\n

In 2023, the Chamber of Deputies of the Czech Republic <\/strong>approved amendments to the Czech Gambling Act <\/strong>and the accompanying Act on Gambling Tax<\/strong>. Ivan Kurochkin<\/strong>, a partner at 4H Agency,<\/strong> observes<\/a> a year of profound changes for Czech gambling, with a total of 65 new rules overhauling licensing requirements, promoting safer gambling, strengthening enforcement measures, and adjusting taxation.<\/p>\n\n\n\n

Superbet Group<\/strong> has become<\/a> a new operator to join the European Gaming and Betting Association (EGBA)<\/strong>. While Nigeria<\/strong> has taken steps to significantly shift its gambling framework through a memorandum<\/a> of understanding (MoU) with the UK<\/strong>.<\/p>\n\n\n\n

The French government <\/strong>has withdrawn<\/a> \u201cproposed amendments\u201d to the 2025 budget to pass laws and launch the online casino market. While \u200b\u200bfollowing lobbying from the government of Malta, the European Commission (EC)<\/strong> has announced<\/a> the extension of Italy\u2019s new tender for online gambling concessions. <\/p>\n\n\n\n

iGaming Ontario (iGO)<\/strong> has once again reported<\/a> total wagers of over CAD$18bn in its second quarter of 2024-25 fiscal year report (Q3 2024), with online casino having an 86% share of the Canadian province\u2019s total wagers. While Philippine Amusement and Gaming Corporation (PAGCOR)<\/strong> has seen<\/a> a strong period of growth, recording a 42% year-on-year revenue growth in the first nine months of 2024.<\/p>\n\n\n\n

Better Collective<\/strong> revised<\/a> its 2024 forecast, reducing the expected full-year revenue from \u20ac395\u2013425 million to \u20ac355\u2013375 million ($418\u2013450 million to $376\u2013397 million) and EBITDA before special items from \u20ac130\u2013140 million to \u20ac100\u2013110 million ($138\u2013148 million to $106\u2013116 million). Additionally, Better Collective has announced<\/a> that it will enter an optimization process to improve group performance following major acquisitions and shifts in key market outlooks.<\/p>\n\n\n\n

Betsson<\/strong> achieved<\/a> its eleventh consecutive quarter of growth with its third-quarter 2024 results, generating group revenues of \u20ac280 million, up 18% on its 2023 results of \u20ac237 million.<\/p>\n\n\n\n

Kindred Group<\/strong> has submitted<\/a> a request to delist its Swedish Depository Receipts (SDRs) from the Nasdaq Stockholm exchange following the completion of its acquisition by Groupe Fran\u00e7aise des Jeux (FDJ) <\/strong>and the initiation of a buyback procedure for the remaining shares.<\/p>\n\n\n\n

Caesars Entertainment<\/strong> has completed<\/a> the sale of the intellectual property rights to the World Series of Poker (WSOP)<\/strong> brand to NSUS Group, the parent company of GGPoker. While Cherry AB<\/strong> is reportedly<\/a> shifting towards the sale of its online gambling subsidiary, ComeOn Gaming<\/strong>.<\/p>\n\n\n\n

Sir Stelios Haji-Ioannou<\/strong> announced<\/a> the launch of easyBet.net<\/strong>. Synonymous with low-cost airline easyJet ,the venture marks the entry of an easy\u00ae brand for sports betting audiences. While Aristocrat Gaming<\/strong> has been granted<\/a> permission to operate in the United Arab Emirates<\/strong> following approval from the official General Commercial Gaming Regulatory Authority (GCGRA).<\/p>\n\n\n\n

Las Vegas Sands<\/strong> has announced <\/a>it will spend $8 billion on its new integrated resort tower in Singapore<\/strong>. The project will be a fresh change from the core expansion of its Marina Bay Sands<\/strong> portfolio.<\/p>\n\n\n\n

Sky Sports <\/strong>and BBC <\/strong>have announced<\/a> a five-year extension for broadcasting the Women\u2019s Super League (WSL). <\/strong>While Tabcorp<\/strong> and 1\/ST CONTENT<\/strong> have linked up<\/a> with The Jockey Club of Turkiye (TJK)<\/strong> to deliver domestic Turkish Racing to Australian fans via Sky Racing<\/strong>.<\/p>\n\n\n\n

Stay tuned for more news this week and subscribe to our Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

SBC Eurasia Editorial Team is happy to present a quick recap of the gambling industry events, news, regulations and partnerships that happened last week. Evolution CEO Martin Carlesund revealed the situation for the firm in Georgia is \u201cstable\u201d with its studio currently operating at around 60% capacity, a level that it hopes will remain after […]<\/p>\n","protected":false},"author":10,"featured_media":7176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[9,5,1,564,10],"tags":[8699,663,496,7603,455,87,871,10267,10266,7588,10316,924,270,869,10274,4813,4130,877,214,10269,1113,8948,5203,10304,5950,503,1681,2960,10241,10305,10312,8142],"class_list":["post-7396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digest","category-gambling","category-news","category-slider","category-weekly-digest","tag-1-st-content","tag-4h-agency","tag-aristocrat-gaming","tag-bbc","tag-betsson","tag-better-collective","tag-caesars-entertainment","tag-cherry-ab","tag-comeon-gaming","tag-data-bet","tag-easybet-net","tag-egba","tag-evolution","tag-fdj","tag-igo","tag-ivan-kurochkin","tag-kindred-group","tag-las-vegas-sands","tag-marina-bay-sands","tag-martin-carlesund","tag-pagcor","tag-sbc-summit-lisbon","tag-sbc-summit-rio","tag-sky-racing","tag-sky-sports","tag-sportradar","tag-superbet-group","tag-tabcorp","tag-thomas-donson","tag-tjk","tag-wsl","tag-wsop"],"yoast_head":"\nSBC Eurasia Weekly Digest: October 28 \u2014 November 4, 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\/11\/04\/sbc-eurasia-weekly-digest-october-28-november-4-2024\/\" \/>\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: October 28 \u2014 November 4, 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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