{"id":827,"date":"2022-12-12T08:41:31","date_gmt":"2022-12-12T08:41:31","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=827"},"modified":"2022-12-12T08:41:32","modified_gmt":"2022-12-12T08:41:32","slug":"sbc-cis-weekly-digest-5-9-december","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2022\/12\/12\/sbc-cis-weekly-digest-5-9-december\/","title":{"rendered":"SBC CIS Weekly Digest: 5 \u2014 9 December"},"content":{"rendered":"\n<p>Each week, <strong>SBC CIS<\/strong> editors look back at the events of the previous week to highlight the most interesting and resonant ones for you.<\/p>\n\n\n\n<p><strong>2022 FIFA World Cup<\/strong> may become a record-breaking tournament with the amount of bets wagered surpassing the $35bn mark, Dutch <strong>KSA<\/strong> issues another warning to sports betting operators for violating the advertising rules, <strong>UKGC<\/strong> demands feedback from gambling operators on the recently proposed Remote Customer Service Guide, <strong>Ukrainian Gambling Council<\/strong> Head calls on the licensed operators to \u201ckeep their documents up-to-date\u201d, <strong>Setanta Sports<\/strong> is starting to broadcast in Uzbekistan, <strong>Olimpbet<\/strong> receives the permission to operate in Kyrgyzstan, and <strong>Cloudbet<\/strong> registers a surge in crypto betting.&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>More on these, as usual, in our digest below.<\/p>\n\n\n\n<p><a href=\"https:\/\/sbceurasia.com\/en\/2022\/12\/06\/fifa-world-cup-in-qatar-will-give-bookmakers-the-opportunity-to-receive-a-35-billion-bonus\/\">Up to $35 billion may be wagered<\/a> during the <strong>2022 FIFA World Cup<\/strong>, a 65% increase over the tournament held in 2018, analysts at <strong>Barclays Plc<\/strong> note. They believe that the projected value of wagers is that high due to the fact that the tournament takes place at the best time for Europe \u2014 in the winter, when fewer people take vacations, local championships are on pause and every football fan is watching what\u2019s happening at the playing fields in Qatar.<\/p>\n\n\n\n<p><strong>Kansspelautoriteit<\/strong> or <strong>KSA<\/strong>, the Dutch gambling regulator, <a href=\"https:\/\/sbceurasia.com\/en\/2022\/12\/09\/dutch-regulator-takes-action-over-illegal-gambling-ads-at-world-cup\/\">has once again warned sports betting operators<\/a> against&nbsp; illegal advertising practices during the <strong>2022 FIFA World Cup<\/strong>.<\/p>\n\n\n\n<p>According to the statement by <strong>KSA<\/strong>, a number of providers of games of chance were again called to account for the prohibited use of role models in promos and advertising. The regulation disallows sports betting operators to use their names or logos&nbsp; in the same communication together with the image, voice, or names of a role model (aka a famous person, an influencer).&nbsp;<\/p>\n\n\n\n<p>The regulator further noted that such restrictions were aimed \u201cto prevent impulsive behavior among viewers of the football matches.\u201d<\/p>\n\n\n\n<p>The ongoing World Cup in Qatar is the highlight of all football tournaments, held once in four years and thus draws mind blowing levels of attention. A total of 14 warnings have already been issued by the Dutch regulator since the start of the competition, and if violations were to continue, they could take measures to tighten the industry regulation.&nbsp;<\/p>\n\n\n\n<p><strong>UKGC<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2022\/12\/07\/ukgc-gambling-commission-notifies-operators-of-gambling-guidance-advice\/\">has notified licensed operators<\/a> to provide feedback on the recently released Remote Customer Service Guide (<strong>RCSG<\/strong>).<\/p>\n\n\n\n<p>Operators in the UK have pledged to implement 14 new measures to identify customers at risk of harm and take immediate action to reduce their number.<\/p>\n\n\n\n<p>Remote operators are required to track and record certain indicators of gambling harm to individual players.<\/p>\n\n\n\n<p>Further action will require operators to mark indicators and take action in a timely manner as well as prevent the use of marketing and new bonuses for customers at risk.<\/p>\n\n\n\n<p>The <strong>European Commission<\/strong> expects all <strong>RCSG<\/strong> measures to be implemented by <strong>February 12, 2023<\/strong>, giving licensed operators more time to make technical changes and adjust their customer service.<\/p>\n\n\n\n<p><strong>Anton Kuchukhidze<\/strong>, Head of the Ukrainian Gambling Council (<strong>UGC<\/strong>) <a href=\"https:\/\/sbceurasia.com\/en\/2022\/12\/07\/ukrainian-gambling-council-head-every-operator-must-have-an-up-to-date-licensing-documents\/\">has stressed the importance of keeping licensing documents up-to-date<\/a> for all operators that got their licenses to work in Ukraine.&nbsp;<\/p>\n\n\n\n<p>Such a reminder from the Head of UGC, an institution that represents the interests of all gambling businesses operating legally in Ukraine, comes at the time of heightened scrutiny that most of the licensees have come under after numerous allegations that some of them are being controlled or in some way connected to the aggressor-state, in particular, <strong>1xBet<\/strong>.&nbsp;<\/p>\n\n\n\n<p>It is believed that there are several other gambling brands that are currently operating under the official licenses in Ukraine, that also may have connections to the aggressor state, while some of the land-based casino operators got their licenses to set up operations in hotels and haven\u2019t yet started to.&nbsp;<\/p>\n\n\n\n<p>In order to clean up the bureaucratic mess that some of the operators in Ukraine have gotten themselves into, the <strong>UGC<\/strong>\u2019s Head stresses the importance of keeping their licensing records up-to-date.&nbsp;<\/p>\n\n\n\n<p><strong>Setanta Sports<\/strong> <a href=\"https:\/\/sbceurasia.com\/en\/2022\/12\/06\/setanta-sports-received-a-sports-broadcasting-license-in-uzbekistan\/\">received a license to broadcast in Uzbekistan<\/a>. The company currently broadcasts on digital and cable platforms in Europe and Asia and exclusively offers local viewers the access to watch <strong>English Premier League<\/strong>, <strong>Serie A<\/strong>, <strong>Bundesliga<\/strong>, <strong>UFC<\/strong>, <strong>NBA<\/strong>, <strong>Formula 1<\/strong>, <strong>NASCAR<\/strong>, and many other sporting events and tournaments.<\/p>\n\n\n\n<p><strong>Setanta Sports<\/strong> is a sports television company based in Dublin, Ireland. In 2021, the company began to develop OTT platforms and, along with TV channels, introduced setantasports.com app to its users.<\/p>\n\n\n\n<p>The list of countries where <strong>Setanta Sports<\/strong> currently operates include <strong>Georgia<\/strong>, <strong>Azerbaijan<\/strong>, <strong>Armenia<\/strong>, <strong>Moldova<\/strong>, <strong>Ukraine<\/strong>, <strong>Belarus<\/strong>, <strong>Lithuania<\/strong>, <strong>Latvia<\/strong>, <strong>Estonia<\/strong>, <strong>Kazakhstan<\/strong>, <strong>Tajikistan<\/strong>, <strong>Turkmenistan<\/strong>, <strong>Kyrgyzstan<\/strong>, <strong>Philippines<\/strong>, and now \u2014<strong> Uzbekistan<\/strong>.<\/p>\n\n\n\n<p><strong>Olimpbet<\/strong>, one of the leading sports betting operators in Central Asia, <a href=\"https:\/\/sbceurasia.com\/en\/2022\/12\/06\/sportsbook-olimpbet-received-a-license-in-kyrgyzstan\/\">has received a license to operate in Kyrgyzstan<\/a>. This made the company the second operator after <strong>1xBet<\/strong> to receive a license to conduct gambling activities in the country.<\/p>\n\n\n\n<p><strong>Interesting fact<\/strong>: gambling establishments in Kyrgyzstan prohibit citizens of the country from participating in gambling. Only foreigners over 21 years old may engage in the gambling activity. Such rules are stipulated by the gambling law adopted in Kyrgyzstan this summer.&nbsp;<\/p>\n\n\n\n<p><strong>Olimpbet<\/strong> is also present in neighboring Kazakhstan, where it is one of the largest taxpayers among the representatives of the gambling business.<\/p>\n\n\n\n<p><strong>Cloudbet<\/strong>, the world\u2019s oldest online crypto sportsbook and casino, <a href=\"https:\/\/sbceurasia.com\/en\/2022\/12\/06\/crypto-traders-set-head-for-the-world-cup-as-cryptocurrencies-face-calamity\/\">has taken part in the <strong>2022 FIFA World Cup<\/strong><\/a>.<\/p>\n\n\n\n<p>The company\u2019s spokesperson noted that with the recent scandal around FTX\u2019s implosion they weren\u2019t sure what to expect later in the year. But they noted that new <strong>Cloudbet<\/strong> accounts were being opened at a record pace, first time deposits have nearly doubled with bettors showing an incredible enthusiasm. The <strong>2022 FIFA World Cup<\/strong> became that catalyst that brought crypto traders and holders out of their funk and back into the arena.<\/p>\n\n\n\n<p>\u00abOur highest deposits by volume during the current World Cup have been from <strong>TRON<\/strong>, which is new for us. We expect it has to do with bettors moving funds to stablecoins during market uncertainty, and then using those stablecoins to buy into the sportsbook\u00bb, \u2014 mentioned the <strong>Cloudbet<\/strong>\u2019s representative, noting that the next largest tokens were <strong>Smart Chain<\/strong> from <strong>BNB<\/strong>, followed by <strong>Ethereum<\/strong> and <strong>Bitcoin<\/strong>.<br><br>Stay tuned for more news this week and don&#8217;t forget to subscribe to our <a href=\"https:\/\/bit.ly\/3BHW1zr\">Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Each week, SBC CIS editors look back at the events of the previous week to highlight the most interesting and resonant ones for you. 2022 FIFA World Cup may become a record-breaking tournament with the amount of bets wagered surpassing the $35bn mark, Dutch KSA issues another warning to sports betting operators for violating the [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[9,1,564,10],"tags":[128,1876,52,659,381,50,1877,668,1160,46,1868,383,1475,816,802,66,311,402,208,86],"class_list":["post-827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digest","category-news","category-slider","category-weekly-digest","tag-advertising","tag-barclays","tag-betting","tag-bitcoin","tag-business","tag-casino","tag-cloudbet","tag-crypto","tag-ethereum","tag-gambling","tag-ksa","tag-news","tag-olimpbet","tag-online-casino-2","tag-qatar","tag-sbc-cis","tag-setanta-sports","tag-ugc","tag-ukgc","tag-world-cup"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - 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