SBC CIS Editorial Team is happy to present a quick recap of the gambling industry events, news, regulations and partnerships that happened last week.
The Malta Gambling Authority (MGA) has taken a position on the changes to the country’s Gambling Law, also known as Bill 55, in response to recent comments, stating that the changes are ““in full conformity with EU law and is based on the freedoms afforded to an entity established within the internal market”.
In Kazakhstan, more than two thousand online casino sites have been blocked, according to the Republic of Kazakhstan’s financial monitoring agency. The agency used IT tools to search for illegal content in the online space as part of its preventive actions. This search includes monitoring news portals, blogs, websites and social media accounts.
Bulgarian Sports Totalizator (BST), underwent a change in senior management initiated by the Bulgarian Ministry of Youth and Sports. Sports Minister Dimitar Iliev has taken the step of replacing a number of previously appointed officials by the former interim government Minister Vesela Lecheva.
VBET announced its integration of the innovative Cirrus Betcloud product from SoftConstruct. This significant strategic addition will redefine the sport betting experience, promising a unique adventure in the world of excitement for players. The innovation provides the highest odds and the largest bets on the market, ushering in a new era of excitement for everyone.
Ivan Gojic, Head of Risk, Strategic Partnerships and InPlay Trading at Superbet, in a recent interview shared his thoughts on the technological trends in the betting industry that have recently gained new momentum. Ivan also revealed the details of his recent involvements in projects and did not forget to mention the important role played by his father in his professional path.
Aleksander Kamenetsky, Head of Betting Company SOFTSWISS, and Marek Suchar, Managing Director of Partnerships at Oddin.gg, joined Konstantin Sivko, CS:GO streamer and commentator, and SOFTSWISS brand ambassador, for an exclusive roundtable for SBC. The discussion focused on the analysis of the recent CS:GO tournament in Cologne, as well as recommendations for operators who plan to hold similar events in the coming months.
Affter has burst into the affiliate services market by launching its new Affiliate Program. It presents a variety of betting and gambling offerings, including both popular options on the market and exclusive ones. These opportunities are available for a wide range of countries, including the Eastern European countries and countries in the Black Sea region. The program offers a variety of payment models including CPA, RevShare (from 25% to 45%) and a hybrid option (CPA + RS). Users have access to a wide range of opportunities through Affter’s own platform with a user-friendly interface and advanced features such as S2S Postback, promotional materials, banners, creatives and detailed statistics.
Podcast Review: PayPal Stablecoin Transforming Crypto Landscape and Triggering Regulatory Discussions
Recently PayPal has broken ground in the stablecoin sector by officially launching its own digital currency pegged to the US dollar. The financial service has dubbed its stablecoin ‘PayPal USD’ or ‘PYUSD’, and will be primarily used to be exchanged for its fiat currency counterpart, as well as to be used to buy and sell other cryptocurrencies, such as Bitcoin.
iGaming Daily Podcast host James Ross with Joe Streeter, Editor at Payment Expert, and Business Journalist Callum Williams went over the steps taken by PayPal and where could those steps lead with regards to the gambling industry further embracing the digital currency, and taking on the regulatory challenges to mitigate the speed of the expansion. Read the full Podcast Review on our website.
Mega Dice, a crypto casino, introduced the world’s first gambling service with an official licence for Telegram messenger. This innovative service includes both a virtual casino and a sportsbook. Inside the virtual casino, users can enjoy over a thousand different games, including famous games like Aviator, Plink, Gates of Olympus, Wanted Dead or Alive, as well as traditional card games like baccarat and blackjack. It is worth noting that one of the key game providers for Mega Dice is Evolution Gaming.
STS signed a partnership agreement with the Polish volleyball team Grupa Azoty ZAKSA Kędzierzyn-Koźle, strengthening its connection to the world of volleyball.The three-time Champions League winners have signed a three-year contract with a Polish betting company, which becomes their official club sponsor.
Spinomenal signed an agreement with NetBet to distribute gaming content. Spinomenal develops games using HTML5 technology, which ensures their availability on the NetBet mobile platform. In addition, Spinomenal has received certification to provide its games to global markets such as Sweden, Spain, Romania, South Africa, Portugal and the Netherlands.
7777 Gaming, iGaming B2B provider, partnered with SBbet to launch its operations in Montenegro. The portfolio of 7777 Gaming includes more than 100 casino games that have been successfully certified by the Bulgarian Institute of Metrology. This allows the provider to obtain a B2B licence in both Bulgaria and Montenegro.
Beter revised the initial agreement with Betsson, adding a number of new elements and services, including the integration of the Betbazar B2B trading platform. The renewed collaboration will allow Beter to provide unusual channels for hosting esports events, including internal ESportsBattle tournaments for games such as Counter-Strike: Global Offensive and Dota 2. This portfolio will be joined by data on e-basketball, e-football, e-hockey and the Setka Cup table tennis tournaments.
Yggdrasil has made its debut on the regulated Bulgarian market thanks to the integration with the local operator Inbet. This agreement will allow Inbet’s players to enjoy four popular games for the first time: MexoMax, Golden Fish Tank 2, Vikings go Berzerk Reloaded and Raptor DoubleMax. In addition to its own content, Inbet will give its customers access to YG Masters from Yggdrasil as the provider expands its range.
Hacksaw Gaming entered the Lithuanian market for the first time thanks to the cooperation with Uniclub.lt online casino. Uniclub.lt is a multifunctional online platform controlled by UAB Unigames. This platform provides a variety of gaming and betting options, including both live and casino video games, as well as the ability to bet on sports, all in one place. Players will have access to a variety of online slots.
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