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Earnings improve for legal bookmakers in Poland

Niji Narayan

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Earnings improve for legal bookmakers in Poland
Image Source: infobit.co
Reading Time: 1 minute

 

The newly amended Gambling Act in Poland proving to be a blessing for the legal bookmakers in Poland. Their revenue has clearly improved. Legal bookmakers had posted record earnings in 2018.

Poland has a high turnover tax of 12 per cent. It also has some restrictive provisions regarding bookmaking advertising. However, none of this hinder the growth of the betting industry. In 2018, the licensed bookmakers in Poland posted a turnover of PLN 5.1 billion. It was PLN 3.3 billion in 2017 and PLN 1.7 billion in 2016.

According to information published by the tax portal of the Ministry of Finance, the revenue from the mutual wagering tax in 2016 amounted to PLN 196.6 million. In 2017, the State Treasury recorded income higher by 210.7 million PLN (407.36 million PLN, an increase of 94 per cent year-on-year). Data for the first three quarters of 2018 indicate another increase in budget revenues—the State Treasury has been credited with the amount of PLN 445 million. The Ministry of Finance has not yet published the results for the last quarter of 2018, but crossing the barrier of PLN 600 million can be assumed. Increasing tax receipts and the growing share of the legal entities in the market are also due to the creation of the Registry of Domains Serving the Offering of Gambling Games in contravention to the Act. This register currently has 5,536 records covering companies that offer unlicensed services in violation of gambling law.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Central Europe

KFC to hold its first esports championship in Central and Eastern Europe as part of KFC BATTLE

George Miller

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KFC to hold its first esports championship in Central and Eastern Europe as part of KFC BATTLE
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This year an international youth project KFC BATTLE will include a tournament for amateur teams from Central and Eastern Europe. This will be the second consecutive esports tournament as part of the large-scale youth project, now in two different esports disciplines – Dota 2 championship for teams from Russia, Kazakhstan, Belorussia, Armenia, Azerbaijan, Ukraine, Kyrgyzstan and Georgia and a tournament in Counter-Strike: Global Offensive for teams from Central and Eastern European countries.

Six winning teams of KFC BATTLE: Esports will be determined at the project’s Grand Finale to be held in Moscow on July 13-14. Two CS: GO teams and four Dota 2 teams will compete for the prize of a completely covered trip to a major esports championship in their favorite discipline where they can see the world’s leading professional teams play live: the winning Dota 2 team will visit The International 2019, and the winner of the CS: GO championship will go to The StarLadder Berlin Major 2019.

KFC BATTLE is a large-scale international project of the restaurant brand for young talents in different spheres from street basketball and singing to rap and esports. Last year was the seventh time KFC organized KFC BATTLE and the first time the project was accompanied by an esports tournament, signifying the brand’s interest towards young people engaged in a dynamic world of esports. The tournament attracted 4,415 esports enthusiasts from Russia, Ukraine, Kazakhstan, Belarus etc. The winning team of the KFC Esports Championship, Whites, scored a quota in the Dota 2 finals of the 2018 Russian Esports Cup, held by the Russian Esports Federation, as well as a trip to Europe. The team’s captain Alexander “Ceyler” Popov was also honored as the Cup’s MVP and later received an invitation to play on a professional level by a CIS team The Pango.

This year, for the first time in the history of KFC BATTLE, Central and Eastern European teams will also be able to compete in the esports tournament. To engage as many CEE esports fans as possible, it was decided to hold an esports championship in one of the most popular esports disciplines in the region, Counter-Strike: Global Offensive. In order to compete in the final stage of the tournament CEE teams will go through a qualifying stage consisting of open and closed online qualifiers on FACEIT to determine two leading teams. These teams will then compete in the concluding Grand Finale in Moscow. Open qualifiers for KFC BATTLE will take place every weekend day from May 11 to June 2. Closed qualifiers both for Central and Eastern European teams and for teams from Russia, Kazakhstan, Belorussia, Armenia, Azerbaijan, Ukraine, Kyrgyzstan and Georgia will take place on June 7-9. Registration in the tournament for CEE teams is available at this link. The championship is open to any amateur team consisting of players aged 14 to 30, and participation in the championship is free.

Follow the news of this season of KFC BATTLE on the official website.

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Central Europe

AGO Esports Enters Partnerships with Puma and Wrigley’s Orbit

Niji Narayan

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AGO Esports Enters Partnerships with Puma and Wrigley’s Orbit
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AGO Esports, the Polish-based esports organisation, has announced partnerships with Puma and Wrigley Company’s chewing gum brand Orbit.

Puma is a German athletic apparel company and AGO Esports will debut its new Puma jersey at DreamHack Open in Rio de Janeiro.

Kuba Szumielewicz, CEO of AGO Esports commented on the Orbit partnership: “We feel satisfied that AGO Esports have been selected as one of three Polish organisations by the Orbit brand to spread awareness of the positive influence of chewing sugar-free gums on caring for healthy and clean teeth among esports fans.”

He continued, this time discussing the deal with Puma: “We are proud that a global brand like Puma has [chosen] AGO Esports to enter the esports market in Europe. The assortment and technology used in Puma’s products fully meets the expectations and needs of our organisation.”

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Central Europe

UOKiK Approves Merkur’s Proposal to Acquire Totolotek

Niji Narayan

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UOKiK Approves Merkur’s Proposal to Acquire Totolotek
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The Office of Competition and Consumer Protection (UOKiK) has approved Merkur’s proposal to take control of Totolotek S.A.

Merkur develops and distributes mutual betting software and sports betting products (online and offline).

Totolotek is a licensed mutual betting operator in Poland offering  online services and in land based points, such as sports bets and animal competition bets.

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