{"id":7930,"date":"2024-12-23T06:21:17","date_gmt":"2024-12-23T06:21:17","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=7930"},"modified":"2024-12-23T06:21:24","modified_gmt":"2024-12-23T06:21:24","slug":"sbc-eurasia-weekly-digest-december-16-23-2024","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2024\/12\/23\/sbc-eurasia-weekly-digest-december-16-23-2024\/","title":{"rendered":"SBC Eurasia Weekly Digest: December 16 \u2014 23, 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>Children are falling victim to gambling through illegal online casinos that <a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/19\/illegal-casinos-on-roblox-a-new-danger-for-minors\/\">use t<\/a>he popular video game <strong>Roblox<\/strong> to attract users as young as 12 to their platforms. According to an investigation by <strong>Sky News<\/strong>, a network of illegal casinos provides children access to gambling through their Roblox accounts, one of the most popular games among youth.<\/p>\n\n\n\n<p><strong>FeedConstruct<\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/19\/feedconstruct-to-drive-commercial-growth-in-armenian-football\/\"> has signed<\/a> an exclusive data partnership with the <strong>Football Federation of Armenia<\/strong>.<\/p>\n\n\n\n<p>In the biggest acquisition in the company\u2019s history, <strong>Gambling.com Group<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/16\/gambling-com-acquires-odds-holdings-for-160-million\/\">has agreed to buy<\/a> <strong>Odds Holdings<\/strong>, the parent company of OddsJam for a total potential valuation of $160 million. While <strong>Caesars Entertainment<\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/18\/caesars-completes-275-million-sale-of-linq-promenade\/\"> has finalized<\/a> the $275 million sale of its <strong>Linq Promenade<\/strong> property in Las Vegas. The real estate was acquired by a joint venture between <strong>TPG Real Estate<\/strong> and <strong>Acadia Realty Trust<\/strong>, marking a step in Caesars\u2019 strategy to divest non-core assets and improve its financial position.<\/p>\n\n\n\n<p><strong>XLMedia<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/20\/xlmedia-announces-16m-tender-offer-following-completion-of-transactions\/\">has provided an update <\/a>on the proceeds from the sale of assets related to its businesses in Europe and North America. In March, the company reached an agreement to sell its European and Canadian sports betting and gaming assets to Gambling.com Group, completing the deal in April.<\/p>\n\n\n\n<p><strong>BETBY <\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/17\/betby-enhances-esports-experience-expanded-outrights-and-player-props-portfolio\/\">has launched<\/a> a significant update to its esports portfolio, adding new outright and player prop markets. While <strong>GG.BET<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/17\/gg-bets-banner-year-in-esports-concludes-on-a-high-note\/\">has released<\/a> a video highlighting its achievements in 2024\u2014the main achievement of the company has been its commitment to creating value from sponsorship deals with leaders in the esports sector.<\/p>\n\n\n\n<p><strong>SOFTSWISS<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/19\/softswiss-announces-prime-network-jackpot-exceeding-e1-million\/\">has announced<\/a> that the prize pool for the <strong>Prime Network Jackpot<\/strong> has surpassed \u20ac1 million, growing more than tenfold since its launch last year. While online gaming provider <strong>Videoslots<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/16\/videoslots-rebranding-immense-group-name-reflects-growth-and-ambitious-goals\/\">has announced<\/a> that it is rebranding to <strong>Immense Group <\/strong>to signify the firm\u2019s \u201cnew chapter\u201d in the sector.<\/p>\n\n\n\n<p><strong>BetMGM<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/16\/betmgm-and-mgm-resorts-strengthen-teams-with-strategic-appointments\/\">has hired<\/a> <strong>Casey Hurbis<\/strong> as its new Chief Marketing Officer, while its parent company, <strong>MGM Resorts International<\/strong>, has promoted <strong>Ari Kastrati<\/strong> to the position of Chief Content, Hospitality and Development Officer. While the UK Government\u2019s Secretary of State <a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/20\/charles-counsell-appointed-as-interim-chair-of-the-uk-gambling-commission\/\">has appointed<\/a> <strong>Charles Counsell<\/strong> as the interim Chair of <strong>the UK Gambling Commission (UKGC)<\/strong>. His nine-month tenure will begin on 1 February 2025.<\/p>\n\n\n\n<p><strong>Mark Mackay<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/18\/mark-mackay-steps-down-as-star-gold-coast-ceo-after-95-days\/\">stepped down<\/a> as <strong>Star Gold Coast&#8217;s<\/strong> CEO after just 95 days. His departure is the second such event in 2024. In April, the company was ousted by <strong>Jessica Mellor,<\/strong> who stepped down as CEO of the Gold Coast resort after just six months on the job.<\/p>\n\n\n\n<p><strong>Cura\u00e7ao\u2019s <\/strong>gambling law reform <a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/16\/curacaos-gambling-law-reform-moves-into-final-phase-next-week\/\">moves<\/a> into its final phase next week. While <strong>the Gambling Regulatory Authority of Ireland (GRAI) <\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/17\/asa-link-to-help-grai-strengthen-advertising-standards\/\">has announced<\/a> a partnership with t<strong>he Advertising Authority of Ireland (ASA Ireland)<\/strong> to strengthen oversight of gambling advertising.<\/p>\n\n\n\n<p><strong>POGOs<\/strong> in the Philippines have been warned to leave the country by December 31, as the presence of offshore gaming companies in the local market continues to decline. With such an exodus underway, <strong>PAGCOR <\/strong>Chairperson <strong>Alejandro Tengco <\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/17\/closure-of-pogo-operations-in-the-philippines-impact-on-the-online-gaming-market\/\">stated<\/a> at the Stratbase ADR Institute forum that the POGO presence will be fully terminated by December 15.<\/p>\n\n\n\n<p><strong>Australian gambling companies<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/20\/australian-gambling-companies-denied-rd-tax-breaks\/\">will no longer receive<\/a> tax breaks for R&amp;D, a program designed to encourage innovation and growth across industries. While <strong>the Senate Judiciary Committee<\/strong> convened a hearing <a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/20\/senate-judiciary-committee-examines-impact-of-legalized-sports-betting-in-the-u-s\/\">to evaluate<\/a> the effects of legalized sports betting in the <strong>U.S.<\/strong> The session gathered lawmakers, sports officials, and public health advocates to discuss issues surrounding the industry\u2019s rapid growth and its social implications.<\/p>\n\n\n\n<p><strong>Entain Plc<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/18\/austrac-launches-investigation-into-two-entain-brands\/\">has been investigated<\/a> in Australia along with <strong>Ladbrokes<\/strong> and <strong>NEDs<\/strong> for \u201cserious and systemic failures to comply\u201d with anti-money laundering and counter-terrorist financing (AML\/CTF) laws. While \u200b\u200b<strong>DraftKings<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/19\/draftkings-receives-another-false-advertising-lawsuit\/\">is facing a class action lawsuit <\/a>in a New York district court over alleged unfair and deceptive marketing practices regarding its deposit bonus promotions.<\/p>\n\n\n\n<p>Amid ongoing political instability in the French market, <strong>PokerStars <\/strong>and <strong>Club Barri\u00e8re <\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/18\/the-organizers-announced-the-cancellation-of-the-european-poker-tour-in-paris\/\">announced<\/a> the cancellation of the <strong>2025 European Poker Tour (EPT)<\/strong> in Paris, which was originally scheduled for February next year. Additionally, <strong>Virtual Gaming World\u2019s (VGW) Global Poker <\/strong>brand <a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/18\/vgws-global-poker-to-close-operations-in-nevada\/\">plans to close<\/a> operations in Nevada.<\/p>\n\n\n\n<p><strong>Wynn Macau Ltd <\/strong><a href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/17\/wynn-macau-ltd-to-pay-150-million-for-use-of-wynn-resorts-ip\/\">has signed<\/a> new intellectual property licensing agreements with its parent company <strong>Wynn Resorts Ltd.<\/strong> The company will pay up to $150 million for the use of the intellectual property over a 12-month period ending December 31, 2025.<\/p>\n\n\n\n<p>Don\u2019t forget to 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. Children are falling victim to gambling through illegal online casinos that use the popular video game Roblox to attract users as young as 12 to their platforms. According to an investigation [&hellip;]<\/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":[8946,10838,2705,448,871,10836,10913,10931,875,324,10932,6847,10890,4412,1216,9545,10839,10330,10930,4520,10847,1113,8623,1522,3949,190,9804,208,253,8398,876,8758],"class_list":["post-7930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digest","category-gambling","category-news","category-slider","category-weekly-digest","tag-alejandro-tengco","tag-ari-kastrati","tag-betby","tag-betmgm","tag-caesars-entertainment","tag-casey-hurbis","tag-charles-counsell","tag-club-barriere","tag-draftkings","tag-entain","tag-european-poker-tour","tag-feedconstruct","tag-football-federation-of-armenia","tag-gambling-com","tag-gg-bet","tag-global-poker","tag-immense-group","tag-linq-promenade","tag-mark-mackay","tag-mgm-resorts-international","tag-odds-holdings","tag-pagcor","tag-pogo","tag-pokerstars","tag-roblox","tag-softswiss","tag-star-gold-coast","tag-ukgc","tag-videoslots","tag-wynn-macau","tag-wynn-resorts","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: December 16 \u2014 23, 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\/12\/23\/sbc-eurasia-weekly-digest-december-16-23-2024\/\" \/>\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: December 16 \u2014 23, 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. Children are falling victim to gambling through illegal online casinos that use the popular video game Roblox to attract users as young as 12 to their platforms. According to an investigation [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sbceurasia.com\/en\/2024\/12\/23\/sbc-eurasia-weekly-digest-december-16-23-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"SBC EURASIA EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-23T06:21:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-23T06:21:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/10\/Cover-photo-Digest.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Maria Khomeriki\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maria Khomeriki\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/12\/23\/sbc-eurasia-weekly-digest-december-16-23-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/12\/23\/sbc-eurasia-weekly-digest-december-16-23-2024\/\"},\"author\":{\"name\":\"Maria Khomeriki\",\"@id\":\"https:\/\/sbceurasia.com\/en\/#\/schema\/person\/f6f1bec1f527da78057fa0c8d3b56dd6\"},\"headline\":\"SBC Eurasia Weekly Digest: December 16 \u2014 23, 2024\",\"datePublished\":\"2024-12-23T06:21:17+00:00\",\"dateModified\":\"2024-12-23T06:21:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/12\/23\/sbc-eurasia-weekly-digest-december-16-23-2024\/\"},\"wordCount\":735,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/12\/23\/sbc-eurasia-weekly-digest-december-16-23-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/resourcesen.sbceurasia.com\/sbccisen\/sites\/2\/2024\/10\/Cover-photo-Digest.png\",\"keywords\":[\"Alejandro Tengco\",\"Ari Kastrati\",\"Betby\",\"BetMGM\",\"Caesars Entertainment\",\"Casey Hurbis\",\"Charles Counsell\",\"Club Barri\u00e8re\",\"DraftKings\",\"Entain\",\"European Poker Tour\",\"FeedConstruct\",\"Football Federation of Armenia\",\"Gambling.com\",\"GG.BET\",\"Global Poker\",\"Immense Group\",\"LINQ Promenade\",\"Mark Mackay\",\"MGM Resorts International\",\"Odds Holdings\",\"PAGCOR\",\"POGO\",\"Pokerstars\",\"Roblox\",\"SOFTSWISS\",\"Star Gold Coast\",\"UKGC\",\"Videoslots\",\"Wynn Macau\",\"Wynn Resorts\",\"XLMedia\"],\"articleSection\":[\"Digest\",\"Gambling\",\"News\",\"slider\",\"Weekly Digest\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/sbceurasia.com\/en\/2024\/12\/23\/sbc-eurasia-weekly-digest-december-16-23-2024\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sbceurasia.com\/en\/2024\/12\/23\/sbc-eurasia-weekly-digest-december-16-23-2024\/\",\"url\":\"https:\/\/sbceurasia.com\/en\/2024\/12\/23\/sbc-eurasia-weekly-digest-december-16-23-2024\/\",\"name\":\"SBC Eurasia Weekly Digest: December 16 \u2014 23, 2024 - 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