{"id":7630,"date":"2024-11-25T05:44:23","date_gmt":"2024-11-25T05:44:23","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=7630"},"modified":"2024-11-25T05:44:29","modified_gmt":"2024-11-25T05:44:29","slug":"sbc-eurasia-weekly-digest-november-18-25-2024","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2024\/11\/25\/sbc-eurasia-weekly-digest-november-18-25-2024\/","title":{"rendered":"SBC Eurasia Weekly Digest: November 18 \u2014 25, 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

Lithuania<\/strong> is considering several changes to its gambling regulations. Liutauras Ulevi\u010dius, <\/strong>president of the National Gambling and Gaming Business Association of Lithuania, <\/strong>was critical<\/a> of the piecemeal regulatory efforts by individual lawmakers and the Ministry of Finance, advocating instead for comprehensive reforms modeled.<\/p>\n\n\n\n

Crash games debuted about ten years ago, introducing a unique and dynamic betting format to the iGaming industry. Thanks to its innovative approach, the genre is constantly evolving. BGaming <\/strong>co-CPO, Yulia Alekseeva<\/strong>, and Evoplay<\/strong> CEO, Ivan Kravchuk<\/strong>, talk<\/a> about current trends in crash games and how the genre can be adapted for its long-term development.<\/p>\n\n\n\n

Germany\u2019s Joint Gambling Authority (GGL) <\/strong>has observed<\/a> a notable drop in advertisements for unlicensed online gambling operators on Google Ads<\/strong>.<\/p>\n\n\n\n

A union of Conservative parties in Slovakia <\/strong>has called<\/a> for a reset of the \u201cLaw of Advertising and Media Services\u201d to include new protections for youth and vulnerable audiences. While Serbia\u2019s<\/strong> Greens, the \u201cZeleno-Left Front\u201d, have called<\/a> for stricter restrictions on gambling advertisements.<\/p>\n\n\n\n

Montenegro<\/strong> will develop<\/a> a \u201cnew legal solution for gambling\u201d. The Ministry of Finance has begun consultations with key stakeholders, including the \u201cpublic, media, state authorities, local communities, and businesses,\u201d to discuss amendments and resolutions. <\/p>\n\n\n\n

Confidence continues to grow that the integrated resort bill in Thailand<\/strong> will be passed by the end of 2025. Secretary-General Prommin Lertsuridej<\/strong> stated<\/a> that the law should be passed six months from now at the earliest. While as part of a regulatory overhaul, New Zealand <\/strong>plans<\/a> to limit the number of licenses for online casino operators to 15 in order to slow down the rapid growth of this sector. <\/p>\n\n\n\n

President Santiago Pe\u00f1a<\/strong> of Paraguay<\/strong> has endorsed<\/a> a new bill to reform national gambling laws and revise the privileges of municipal gambling monopolies. While SENACON, Brazil\u2019s National Consumer Protection Secretariat<\/strong>, has banned<\/a> all forms of customer incentives. As a result, bonuses and registration offers have been excluded from gambling-related regulations.<\/p>\n\n\n\n

Resorts World Sentosa <\/strong>has had its license renewed<\/a> for just two years following a tourism performance evaluation conducted by the Singapore Gambling Regulatory Authority (GRA).<\/strong> GRA pointed out the need for significant improvements to raise the casino\u2019s standards.<\/p>\n\n\n\n

The CEO of X <\/strong>(formerly Twitter) Elon Musk<\/strong> set out his plans<\/a> to change the game for igaming affiliates with the new Grok AI<\/strong> chatbot.<\/p>\n\n\n\n

There is anticipation from the industry that we will see a myriad of new cease and desist orders dished out to<\/a> various sweepstake operators<\/strong> in the USA<\/strong> imminently. At the same time, Jamison Selby,<\/strong> President at Rubystone<\/strong>, explains<\/a> how social and sweepstake casinos have provided European operators with the perfect opportunity to step foot into the US for the first time.<\/p>\n\n\n\n

The Malta Gaming Authority (MGA) <\/strong>has celebrated<\/a> the performance of the Maltese land-based and online gaming industry in 2023. The Authority detailed its achievements and also offered a medium-term outlook for the future.<\/p>\n\n\n\n

Gaming Innovation Group (GiG) <\/strong>has identified<\/a> multiple opportunities to enhance its commercial pipeline as a stand-alone iGaming technology supplier. While Gambling.com<\/strong> has once again raised <\/a>its full-year 2024 guidance, reinforcing confidence in meeting its commercial and operational targets.<\/p>\n\n\n\n

Former co-founders of FanDuel DFS, Nigel Eccles<\/strong> and Rob Jones<\/strong> have come back together to launch<\/a> the crypto sportsbook and casino, BetHog<\/strong>. While Data.Bet<\/strong> has teamed up <\/a>with Nubet <\/strong>to support the expansion of its sports and esports betting services.<\/p>\n\n\n\n

The sports betting and iGaming operator BetMGM<\/strong> has announced<\/a> the extension of its partnership with the Vegas Golden Knights<\/strong>. The deal, which runs through the 2026-27 season. While the World Professional Billiards and Snooker Association (WPBSA)<\/strong> has banned<\/a> professional snooker player Mark King<\/strong> for five years after an independent disciplinary committee found him guilty of match-fixing and providing inside information to bettors.<\/p>\n\n\n\n

Jesper S\u00f8gaard<\/strong>, the CEO of Better Collective<\/strong>, addressed <\/a>the company\u2019s financial status following a round of layoffs completed ahead of its latest earnings report. Additionally, LiveScore Group<\/strong>, a sports media specialist, is planning to cut <\/a>over 100 jobs across several offices, including in London.<\/p>\n\n\n\n

Raketech Plc<\/strong> trades cautiously as challenging conditions continue to impact the performance of its affiliate network and media partnerships. In its Q3 report, Raketech disclosed<\/a> a 39% drop in corporate revenues to \u20ac12.9m, compared to \u20ac21.5m in Q3 2023.<\/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. Lithuania is considering several changes to its gambling regulations. Liutauras Ulevi\u010dius, president of the National Gambling and Gaming Business Association of Lithuania, was critical of the piecemeal regulatory efforts by individual […]<\/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":[10492,448,87,909,7588,6896,342,10494,4412,1576,10518,10513,355,10545,93,10499,2279,949,10523,338,10497,10490,10510,10517,212,10489,10546,10506,10502],"class_list":["post-7630","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digest","category-gambling","category-news","category-slider","category-weekly-digest","tag-bethog","tag-betmgm","tag-better-collective","tag-bgaming","tag-data-bet","tag-elon-musk","tag-evoplay","tag-fanduel-dfs","tag-gambling-com","tag-gig","tag-google-ads","tag-grok-ai","tag-ivan-kravchuk","tag-jamison-selby","tag-jesper-sogaard","tag-liutauras-ulevicius","tag-livescore-group","tag-malta-gaming-authority","tag-mark-king","tag-mga","tag-national-gambling-and-gaming-business-association-of-lithuania","tag-nigel-eccles","tag-nubet","tag-raketech-plc","tag-resorts-world-sentosa","tag-rob-jones","tag-rubystone","tag-vegas-golden-knights","tag-yulia-alekseeva"],"yoast_head":"\nSBC Eurasia Weekly Digest: November 18 \u2014 25, 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\/25\/sbc-eurasia-weekly-digest-november-18-25-2024\/\" \/>\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: November 18 \u2014 25, 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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