Eastern Europe

Poland increases gambling turnover

Published

2 years ago

October 4, 2017

George Miller

Reading Time: < 1 minute

New regulatory changes welcomed a 4 percent increase in turnover in Poland’s gambling market.

Lottery monopoly Totalizator Sportowy and a growing casino segment that dominate the Polish market managed to reach a 4 percent increase year-on-year in gambling turnover to US$2.8 billion in 2016.

The news reported by the Polish Ministry of Finance represent the first year-on-year growth ever since the sector got regulated in 2009 when the Gambling Act 2009 banned slot machines outside casinos. As Gambling Compliance revealed, this is the first full year that Poland’s market gets calculated without machine gaming outside casinos.

Last month, Totalizator Sportowy revealed that it was looking for firms interested in assisting the operations and the launch of the new casino monopoly business eKasyno, which is set to launch online casino, bingo and poker services. The permission to launch operations was granted last year after legislators approved the amended Polish Gambling Act. Companies that wanted to become Totalizator Sportowy’s partner had time to submit their bids until September 26, same day that started the process to look into the bidders.

This year also saw the announcement of further regulations in the online market in order to prevent illegal transactions. According to the Association of Employers and Employees of Bookmakers, the Treasury suffers big losses that reach US$1.4 billion every year in potential tax revenue because of the illegal activities.

Eastern Europe

FeedConstruct Partners with Belarusian Premier League

Published

4 hours ago

March 31, 2020

Niji Narayan

FeedConstruct Partners with Belarusian Premier League

Photo Source: nytimes.com

Reading Time: < 1 minute

Digital content provider FeedConstruct has partnered with the Belarusian Premier League and secured the right to collect exclusive fast betting data from the matches.

“We are happy to start our cooperation with the Belarusian Premier League. Our collaborative work not only will extend the league’s reach and popularity, but support our network of operators with а first-hand credible sporting data,” George Arabatlian, Head of FeedConstrcut, said.

The partnership guarantees secure and fast delivery of reliable data to licensed sportsbook operators.

The Belarusian Premier League rarely gets a mention in normal circumstances yet it is attracting attention from foreign fans as one of the few places around the globe – and the only place in Europe – where football is still being played.

Balkans

Bulgarian Gambling Regulator Suspends Eurofootball Licence

Published

4 days ago

March 27, 2020

Niji Narayan

Bulgarian Gambling Regulator Suspends Eurofootball Licence

Reading Time: < 1 minute

The Bulgarian State Commission on Gambling has suspended the licence of bookmaker Eurofootball for three months over unpaid taxes.

The commission said that Eurofootball could resume betting activities if it pays 329 million levs ($182.11 million) to the state within three months.

Eurofootball was founded in 1990 and became hugely successful with more than 800 betting shops operating around the country.

The Bulgarian government has been unable to formulate a proper law governing sports betting for some time now. Eurofootball has been the sole bookmaker in the country for many years.

Eastern Europe

Evolution Gaming Shuts Down its Studio in Georgia

Published

6 days ago

March 25, 2020

Niji Narayan

Evolution Gaming Shuts Down its Studio in Georgia

Reading Time: < 1 minute

Evolution Gaming has temporarily closed its studio in Georgia, following the latest government measures on coronavirus. A large part of its operations will continue through the company’s other studios in Europe.

Evolution’s Tbilisi studio adheres to all guidelines regarding social distancing and the company has also implemented infection prevention measures in the studio.

Evolution Gaming develops, produces, markets and licenses fully-integrated B2B Live Casino solutions to gaming operators. Since its inception in 2006, Evolution has developed into a leading B2B provider with 200+ operators among its customers. Evolution operates studios in 8 locations.