The Czech Republic is to introduce a series of consumer protection laws to its revamped gambling regulations.
Issued by the Czech Ministry of Finance earlier this week, the guidelines require operators to set maximum limits for players on an hourly basis.
According to the Casinoscamreport.com website, these limits must comply and be of a mathematical formula that uses and accepted tool to calculate losses for players.
Limit factors will include the size of a wager, average payout and the number of times a bet is place.
Earlier this year, the Czech government introduced sweeping changes to gaming laws in the country, with operators now facing tighter licensing processes, such as having to hold an official seat in a European Union or European Economic Area country.
The regulations have led to a mixed response from operators, with a number of major brands having withdrawn from the country as a result.
MST lands in Romania with fixed-odds turnkey horse racing service from SIS
MST has launched its horse and greyhound racing fixed-odds turnkey solution in the retail network of Romanian operator Excelbet, in partnership with SIS, the leading multi-channel supplier of 24/7 live betting services.
MST will manage the collection of fixed-odds betting on SIS’ international offer, which comprises over 68,000 horse and greyhound races, across 360 Excelbet shops through its proprietary platform HGTS, guaranteeing the live transmission of all races.
SIS’ international racing offering comes from over 170 racecourses, across five continents. The high-quality engaging live action offers Excelbet profitable short-form content throughout the day.
SIS’s 24/7 Live Betting Services are provided as an end-to-end solution including live streamed pictures, data, on-screen graphics with betting triggers, as well as an extensive range of markets and prices.
Hodorogea Cornel, General Manager at Excelbet, said: “We welcome MST as one of our key partners in the process of expansion of Excelbet’s portfolio of betting products. Through our nationwide network of almost 360 betting shops, players all around the country will now be able to find an entire range of new products and player-favorite games, to suit their own preferences.
“At Excelbet, we always strive to maintain the highest level of products and services. Our goal is to become one of the major players in Romania’s gambling market and this partnership with MST furthers that progress.”
Michele Rosi, Head of Operation & Business Development at MST, said: “This is a strategic agreement which, after the long-forced delay of the project due to Covid-19 restrictions, allows MST to make a first step in the emerging and rapidly growing Romanian market. By partnering with one of the major retail operators in Romania, along with leading 24/7 supplier SIS, this deal enables us to take a further step towards expanding MST’s presence within the international market.”
Bartlomiej Michalek, Commercial Manager (UK & Europe) at SIS, said: “Romania is a growing market that has great potential when it comes to the impact of fixed-odds racing and the regular betting opportunities it presents. We are delighted to partner with MST and Excelbet to present to customers in the country our industry-leading offering of horse and greyhound racing from all across the world.”
Digitain Opens New Office in Romania
Digitain has opened a new office in Bucharest, Romania. Located in the heart of the city, the new office will allow Digitain to provide better service to its growing client base in the region and further expand its presence in the European market.
“We are thrilled to open a new branch in Bucharest. Romania is a dynamic and growing market, and we believe that this new office will allow us to better meet the needs of our clients and partners in the European market,” Mr. Vardanyan, Founder of Digitain, said.
The Bucharest office will accommodate a team of experienced professionals who will work closely with clients to provide top-quality services and support.
“At Digitain, we are committed to delivering the best possible experience for our clients. We believe that the opening of our new Bucharest office will help us to achieve this goal, and we look forward to building strong relationships with our clients in Europe,” Mr. Vardanyan said.
The opening of the Bucharest office is part of Digitain’s ongoing expansion strategy, and the first one of the multiple offices the company is planning to open around the world.
“We are always looking for opportunities to grow and improve, and the opening of our new Bucharest office is a testament to this commitment,” Mr. Vardanyan added.
3 Oaks Gaming goes live with PIN-UP Ukraine as global expansion continues
3 Oaks Gaming, an established casino games and marketing tools distributor, has agreed a content distribution deal with online operator PIN-UP Ukraine.
This latest agreement for 3 Oaks Gaming will allow PIN-UP’s customers to enjoy the iGaming distributor’s extensive portfolio of games, including its most popular titles Sticky Piggy, Rio Gems: Hold and Win and Eggs of Gold.
The partnership follows hot on the heels of other commercial collaborations 3 Oaks Gaming has secured in recent months, highlighting the company’s burgeoning reputation for delivering high-quality slots and promotional tools that are trusted to deliver increased engagement and revenues.
Sebastian Damian, Managing Director of 3 Oaks Gaming, said: “This integration with PIN-UP is a fantastic start to 2023 as we look to grow even further across multiple markets worldwide.
“Here at 3 Oaks, there is no doubt that we are becoming more recognised in the industry for the quality of our offering, and this latest deal only strengthens our reputation.”
Igor Zotko, COO at PIN-UP, said: “For us to succeed as an operator, we need to offer the best slots to our players and with 3 Oaks, we have exactly the partnership to meet our bold ambitions.
“This will definitely be a hugely beneficial deal for both parties, and we look forward to fantastic success with 3 Oaks Gaming.”
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