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Primorye still waits for casino plots bid

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Primorye still waits for casino plots bid
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Primorsky Krai Development Corp says it has yet to receive any official bid for plots earmarked for casino development up for auction in the Primorye casino development area, near Vladivostok in Russia.

Primorsky Krai Development launched in July a total of three independent auctions for land in Primorye that is earmarked for casino development. The initial deadline for applications was August 28, but the company extended the time limit for submission of bids until Thursday (September 28). It said at the time that the decision was made to provide potential bidders with more time to prepare their proposals.

We held on-site activities to demonstrate the potential of the … lands,” said the company at the time, mentioning interest from firms based in Russia, China, South Korea and several European countries. Aside from providing potential bidders with more time to prepare their proposals, the firm said it would also use the additional time “to attract new investors”.

We have not received applications yet [for the land auctions] but our headquarters are staying in touch with investors and companies,” – said Primorsky Krai Development spokesperson.

The spokesperson added that Primorsky Krai Development representatives were scheduled to meet today (Monday) with executives from a Russian company potentially interested in participating in the land auction.

The Primorye casino development area is located 50 kilometres (31 miles) from Russia’s Pacific port of Vladivostok. Primorsky Krai Development is a government-owned company overseeing the development of the Primorye area.

Andrey Folomeev, general director of Primorsky Krai Development, told GGRAsia in August that, according to a report prepared by consultancy Ernst & Young for Primorsky Krai Development, the Primorye casino development area is expected to generate annual gross gaming revenue of US$2.2 billion by 2025. Mr Folomeev also said at the time that Primorsky Krai Development had received enquiries from Russian and international firms about the plots up for auction in the Primorye casino development area.

The only company that has so far built a casino in that area is Hong Kong-listed Summit Ascent Holdings Ltd. It opened phase one of its Tigre de Cristal resort in autumn 2015.

Hong Kong-listed casino operator and developer NagaCorp Ltd had a ground breaking ceremony on its Primorye site in May 2015. Company chairman Tim McNally said recently that the firm was still anticipating to open the property in the first half of 2019.

A third investor, Diamond Fortune Holdings Ltd, reportedly began earlier this year ground preparation for its first casino resort in Primorye. The firm plans to open the first stage of the project – named Selena World Resort and Casino – in 2019.

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Push Gaming expands in Georgia with Ambassadoribet

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Push Gaming expands in Georgia with Ambassadoribet
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B2B gaming supplier Push Gaming has amplified its European growth via a new partnership with Ambassadoribet in Georgia.

The provider’s entire portfolio of hits will become available to players of the popular brand, including recent releases like Big Bam-Book and Razor Ways alongside popular legacy titles such as Jammin’ Jars.

Ambassadoribet has amassed a large following of players in Georgia, catering to both land-based and online sectors since its launch in 2023, with this latest agreement further bolstering its offering.

The deal solidifies Push Gaming’s position in the Georgian market, enhancing its reputation as a leading provider across Europe. With a pipeline of highly anticipated games on its roadmap, the supplier is poised for continued expansion following this partnership.

Fiona Hickey, Chief Business Development Officer at Push Gaming, said: “Ambassadoribet has quickly established itself as a prominent operator in Georgia since launch. We are delighted to partner with a brand trailblazer as it epitomises our own ambitions for growth in the country and elsewhere.

“With a focus on quality content and player engagement, we are excited to see how its player base responds to our innovative titles and look forward to continued growth in the Georgian market.”

A Spokesperson at Ambassadoribet, added: “Push Gaming has developed a reputation for creating some of the most well-recognised and thrilling slots on the market and we are proud to offer them on our platform.

“Having its entire portfolio available will be a huge draw for players and offer existing users new experiences to enjoy. Integrating them into our offering adds huge strength and further diversity in content.”

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Compliance Updates

GOLDENRACE SECURES A NEW CERTIFICATION IN GEORGIA

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GOLDENRACE SECURES A NEW CERTIFICATION IN GEORGIA
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GoldenRace, leading B2B provider of award-winning Virtual Sports and betting solutions, is thrilled to announce that it has successfully secured certification for its games in Georgia, further solidifying its presence in the rapidly growing European market.

Georgia is quickly emerging as a key player in the iGaming industry, and achieving this certification is a crucial milestone for GoldenRace. Despite global challenges, the gambling sector in Georgia has experienced impressive growth, surging by 23% – a clear indicator of the market’s potential.

With this new certification, GoldenRace is now fully compliant with Georgian regulations, enabling the company to offer 19 of its top games to the Georgian audience. Fans in Georgia can now enjoy a wide range of virtual sports, including GoldenRace’s leading Virtual Football, MMA, Greyhound Racing, and Historical Horse Racing, as well as popular number games like Keno, Perfect6 and Spin2Win.

These certified games have been seamlessly integrated into the Georgian online gaming environment, with a robust setup that supports both Scheduled and Instant modes across Desktop and Mobile platforms.

This achievement follows GoldenRace’s recent certifications in Croatia and the Netherlands, as the company continues to strengthen its presence in key European markets, where it already holds a leadership position in countries like Italy, commanding 60% of the Virtual Sports market.

“Securing certification in Georgia is a proud moment for GoldenRace, especially as we introduce top-performing games like Historical Horse Races and our Football Leagues to a market that highly values these Virtual Sports,” said Martin Wachter, CEO and Founder of GoldenRace.

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Compliance Updates

CT Interactive Certifies More Games for the Georgian Market

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CT Interactive has certified 51 more games for the Georgian market. This is yet another step in the company’s commitment to providing top-tier gaming content and enhancing the player experience in the Eastern European country.

Dimitar Muhovski, Product Analyst at CT Interactive, said: “The Georgian market has shown tremendous growth. By adding these 51 titles, we reaffirm our dedication to delivering premium gaming content that meets the preferences of our players.”

Following the successful certification of numerous titles last year, CT Interactive continues to strengthen its presence in the Georgian market. The new games include popular titles such as Doctor Winstein Buy Bonus, The Magic Goblet, Banana Merge, Mega Gnome, Hyper Cuber, and Fruits & Sweets. These games, known for their engaging mechanics and high-quality graphics, are set to offer Georgian players a rich and diverse gaming experience.

This expansion reflects CT Interactive’s broader strategy to enhance the gaming landscape in Georgia.

“Our latest certified titles demonstrate our commitment to innovation and meeting market demands. These additions will further solidify our position among the leading gaming content provider in Georgia,” added Muhovski.

The company’s dedication to compliance and quality ensures that all its games meet regulatory standards, providing a safe and enjoyable gaming environment for players.

“As we grow, our focus remains on delivering high-quality gaming experiences. We are excited to see how these titles will be received by our partners and players,” Muhovski said.

This strategic update not only enhances CT Interactive’s portfolio but also demonstrates the company’s commitment to excellence and innovation in the gaming industry.

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