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RTSmunity strengthen their position on the european market with forBET partnership

George Miller

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RTSmunity strengthen their position on the european market with forBET partnership
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RTSmunity, esports odds and trading provider, continue their expansion on european betting market with new partnership. The new cooperation with polish sportsbook operator forBET comes in a time where many major sports are facing problems, and esports are working as a stable stream of revenue. Customers of forBET will now be able to experience the top esports offer, improved in every measurable aspect – number of markets, uptime, odds.

The partnership between RTSmunity and forBET confirms the strategy that RTSmunity outlined earlier this year, which is continuous expansion on the european market, combined with new partnerships in the US and LatAm region. With many sportsbook operators looking to esports in a new new perspective, forBET demonstrated ability to be fast and agile company, by quickly enhancing their esports betting offer through RTSmunity odds feed.

Pavol Krasnovský, CEO of RTSmunity, said: We are very happy to start a new partnership with forBET. They have been able to succeed in very competitive betting market in Poland, and bringing their esports offer to the top level is the obvious step forward. We are very confident in our solution, and we have demonstrated that we are able to make esports a growing stream of revenue for sportsbook operators.

Petr Pacinek, General Director of forBET, said: The cooperation we have just started is a clear signal of the way we have chosen – continuous improvement of our offer, in order to support growth of our market share. Esports betting is still a developing industry, but already very competitive, and you can’t succeed without having the best offer. That’s why we have chosen RTSmunity to be our new partner, and we count on them to bring us to the top.

CEEGC 2020

Gaming in Central and Eastern Europe in focus at #EGC2020VE with +10 industry experts from the region

Zoltan Tundik

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Central and Eastern Europe in focus at European Gaming Congress VE (Virtual Edition).

#EGC2020ve  The CEE gaming industry has been in the highlights of many media outlets and believe it or not there is always something big happening in this region.

In the Czech Republic: Just one week ago, Czech Lawmakers have voted in favor of a new decree to ban all electronic and mechanical gaming machines in the Czech capital. The decree awaits a nod from the city council.

If it gets the council’s approval, it will mean the end of all legal slot machines and video lottery terminals in the Czech capital once the current licensing period completes in 2024.

In Austria: The Austrian Financial Police have carried out a total of 278 inspections on suspected black-market gambling venues since January, resulting in the confiscation of over 660 gaming machines. Over half of the seized machines were found in Vienna, the capital city of Austria.

In a statement issued on July 28, Austria’s financial police set out the progress it has made this year towards a reduction in illegal gambling in the country. It made clear that the majority of illegal gambling activity is taking place in larger urban centers such as Vienna and Linz.

In rural areas, illegal gambling has been largely reduced – for example, in the states of Burgenland, Styria and Vorarlberg combined, only two devices have been found since January.

In Poland: The new figures published by Poland’s finance ministry have revealed that while the gambling revenue decline for the year to date, newly regulated products helped mitigate the falls in online betting and land-based gaming.

The gross gaming yield projections provided by H2 Gambling Capital revealed that the total for the year to June 11 is expected to fall 9.5% from 2019’s figures. This is significantly lower than the 19.6% decline projected across all EU markets.

Poland’s lower projected decline was due to the development of newly regulated verticals such as online casinos and land-based arcades. Online casino revenue grew 96.7% for the year to June 11, aided by growth from Totalizator Sportowy’s Total Casino site.

Also in Poland, ace football striker Robert Lewandowski has signed an investment deal with Movie Games, in a Polish manufacturer of sports-related video games, which has gained publicity during the coronavirus lockdown.

According to Movie Games, Lewandowski will become a shareholder in a company that is going to be started in launched by September to develop sports video games.

Lewandowski said in a statement released by Movie Games: “I see a huge potential in this segment.”

In Bulgaria: The National Revenue Agency (NRA) has officially assumed the power of regulating the gambling industry in Bulgaria. The country’s National Assembly passed a resolution to this effect last month. It replaces the State Commission on Gambling (SCG).

NRA Director Galya Dimitrova, who has the option to nominate a deputy to oversee the regulated gaming market, will be in charge of all proceedings.

The previous licenses will remain valid until they expire. NRA will process license applications and renewals within six months.

SGC was dismantled from the gambling regulation responsibility following several scandals, leading to the resignation of Chairman Alexander Georgiev in February after he was questioned in connection to an investigation into Vasil Bozhkov, owner of Bulgaria’s oldest betting operator, Eurofootball.

The is plenty of news to share about the Hungarian, Slovakian and Romanian gambling industry as well, but we will leave that to the professionals who will join the 3 special panel discussions at the virtual edition of European Gaming Congress 2020.

The virtual edition of European Gaming Congress 2020 is taking place between 6-7 October and gathers top names of the gaming industry who will present their insights to create Europe’s largest gaming compliance gathering.

THE EASY AND FREE REGISTRATION PROCESS IS SPONSORED BY ALTENAR AND YOU CAN REGISTER FOR FREE HERE!

The conference will cover +28 jurisdictions and you have the opportunity to dive into quality information about the CEE region via 3 special panels.

The “GAMING REPORT: CENTRAL EUROPE (PART ONE)” panel discussion will focus on the Czech Republic, Slovakia, and Poland. The discussion will be moderated by Jakub Kolomicenko (Head of the legal department at Endorphina) and will be joined by Jan Rehola (Director at IFGR and Partner at PS Legal), Ewa Lejman-Widz (Head of Polish Desk at WH Partners), Anna Wietrzyńska-Ciołkowska (Legal advisor, Local Partner at DWF Poland), Jakub Myszkorowski (Chief Commercial Officer at STATSCORE) and Dr. Robert Skalina (Senior Advisor at WH Partners).

The “GAMING REPORT: CENTRAL EUROPE (PART TWO)” panel discussion will focus on Hungary and Slovenia under the moderation of Dr. Robert Skalina (Senior Advisor at WH Partners).

The discussion will be joined by Helembai Gabor (Attorney-at-law at Bird & Bird Hungary) and Jaka Repansek (Media and Gaming Expert, Partner at Hipther Agency).

The third panel discussion is going to focus on the updates from Romania and Bulgari and is titled “GAMING REPORT: EASTERN EUROPE”.

The discussion will be moderated by Ana-Maria Baciu (Managing Partner Simion & Baciu Law Firm) and will be joined by Dan Iliovici (Vice President of ROMBET – Romanian Gambling Organizers’ Association) and Georgi Dimitrov (Legal counsel at EGT Interactive Ltd).

You can find more details about the speakers’ and moderator bios below.

AS MENTIONED ABOVE THE EASY AND FREE REGISTRATION PROCESS IS SPONSORED BY ALTENAR AND YOU CAN REGISTER HERE NOW!

The HIPTHER FESTIVAL includes a full week of conferences that are designed to bring together innovation with compliance via several talks and discussions in multiple industries and will run between 5-9 October.

The festival includes the following conferences:

  • PICANTE Marketing Summit (#MS2020ve) – 5 October
  • European Gaming Congress (#EGC2020ve) – 6-7 October
  • PICANTE TECH Conference Europe (#TCE2020AutumnVE) – 8-9 October

The registration is free and you can attend all three conferences with just one registration!

You can find more details about the Agenda here or you can register here!

For further inquiries about the speaking/sponsoring options, make sure to send an e-mail to Andrada Marginean (B2B Sales Executive at Hipther Agency) or subscribe to the weekly newsletter on the following link.

For media-related inquiries, please contact Alexandru Marginean (Marketing Specialist at Hipther Agency).

Ana-Maria Baciu – Managing Partner Simion & Baciu Law Firm

Ana-Maria Baciu is a regulatory and intellectual property lawyer, assisting clients in various industries, including gambling, IT, e-commerce or pharmaceuticals, for more than 20 years.

In the gaming field, Ana-Maria has been guiding betting & gaming companies, solution providers, marketing affiliates, other companies with an interest in this sector and industry-relevant associations, on the full range of regulatory and operational gaming aspects.

Read in full here…

Ewa Lejman-Widz – Head of Polish Desk at WH Partners

Ewa is heading the Polish Desk of WH Partners as part of the strategic partnership under the WH Partners brand with Izabella Żyglicka and Partners, a very well reputed full-service law firm in Poland and a member of Ally Law.

Ewa is a business lawyer with over 12 years of experience. She assists clients on matters related to gaming and gambling, contract law, M&A and IT service market law.

Read in full here…

Anna Wietrzyńska-Ciołkowska – Legal advisor, Local Partner at DWF Poland

Anna Wietrzyńska-Ciołkowska is a corporate lawyer dealing with M&A transactions focused on the gambling and insurance sectors.

She advises clients from the gambling sector on setting up a business and obtaining a permit to run a gambling business in Poland, providing gambling services to Polish residents from other jurisdictions, organising promotional lotteries, organising betting transactions, distributing gaming machines, gambling components in computer games or lotteries, acquiring gambling companies and structuring cooperation between partners in such companies, outsourcing of gambling functions, restrictions on making payments or advertising activities in gambling, as well as matters related to gambling tax.

Read in full here…

Jan Řehola – Director at IFGR and Partner at PS Legal

Jan Řehola has over eight years of experience in the gambling field, both from the public and private sector.

He holds a Master’s of Law from Charles University in Prague.  Jan worked for four years for the Ministry of Finance – the Czech gambling regulator; firstly, as a Head of the Legal Unit and later, as a Director of Gambling Department.  In his work for the Czech gambling regulator, Jan was responsible for all gambling policy issues, including the drafting of new legislation, the issuing of gambling licenses and cooperation with other European regulators as a member of the European Commission Expert Group on Online Gambling.

After leaving the Ministry of Finance in 2014, Jan became a member of Petroš Sedláčková Legal and co-founder of the consultancy company BetOnSkill Consulting, a full-service international gaming consultancy.

Read in full here…

Georgi Dimitrov – Legal Counsel / Compliance Manager at EGT Interactive

Georgi Dimitrov is a legal counsel at EGT Interactive Ltd., with a focus on legal, regulatory and technical compliance matters related to the iGaming industry. He specializes in international gambling regulation and provides guidance on licensing and certification frameworks, policy drafting, and compliance processes. His line of work involves communication with focal stakeholders in the business such as testing labs, regulators and operators.

Read in full here…

Gábor Helembai – Senior Associate at Bird & Bird Budapest

Gábor is a Senior Associate in the Corporate and Commercial teams in the Budapest office of Bird & Bird. He advises on both domestic and cross-border transactions and investments in various industries. He has a special sector focus on gaming/betting, advising major online and land-based operators, and slot machine manufacturers on regulatory matters.

Read in full here…

Dan Iliovici – Vice President of ROMBET – Romanian Gambling Organizers’ Association

Dan Iliovici is the Vice President of ROMBET – Romanian Gambling Organizers’ Association, one of the most important associations of the industry.

With rich experience in the gambling industry, former President of the Romanian gambling regulator – The National Gambling Office.

Read in full here…

Dr. Robert Skalina – Senior Advisor at WH Partners

Robert Skalina is a Czech Advocate as well as a Registered European Lawyer in Malta. He is based in Prague and works in Malta regularly.

He is a financial service and corporate lawyer and provides advice to a wide range of investment managers, advisors and funds, including private equity and hedge funds. Robert also regularly advises clients in the gaming/gambling industries and has vast experience in the area of mergers and acquisitions and complex cross border transactions.

Read in full here…

Jakub Myszkorowski – Chief Commercial Officer at STATSCORE

With more than 10 years of experience in the professional sport and betting industries, Jakub is now leading the Sales and Marketing operations at STATSCORE, a Polish company aiming at becoming the Biggest Sports Data Center in the world.

As a former football UEFA A coach and soccer performance analyst, he merges the best sports practices into managing the staff.

Read in full here…

Jaka Repanšek – Media and Gaming Expert, Partner at Hipther Agency

Jaka has worked for various TIME (Telecom, Internet, Media, Entertainment) companies since 1996. He is recognized as one of the leading experts on gaming, media and digital law in Slovenia. Jaka graduated from the Faculty of Law at the University of Ljubljana, Slovenia and gained his graduate degree from Cambridge University in England and Faculty of Law in Ljubljana (Diploma in European Community Law) and completed two-year MBA graduate studies at the University of Kansas in the USA.

Read in full here…

Jakub Kolomicenko – Head of the legal department at Endorphina

Jakub Kolomicenko started his practice as a corporate lawyer and member of the Czech Bar Association but then he changed his focus and as an in-house counsel specializes in IP law and all aspects of gaming law

He is currently the Head of the legal department at Endorphina and works with a team that consists of highly qualified international professionals with many years of experience in online casino games creation.

Read in full here…

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Central Europe

Berlin Interior Minister Andreas Geisel Approves German State Treaty

Niji Narayan

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Berlin Interior Minister Andreas Geisel Approves German State Treaty
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Berlin’s Interior Minister Andreas Geisel has approved the federal regulatory framework for gambling, clearing the way for the city mayor Michael Müller to sign the legislation.

Minister approved the current draft of Glücksspielneuregulierungstaatsvertrag (GlüNeuRStV) at the Berlin Senate hearing on September 15. However, it must now be presented to the city’s House of Representatives to be ratified by the Berlin parliament. The GlüNeuRStV must go through this process in each of Germany’s 16 states, and be signed by the head of state, and ratified by its parliament. In total, 13 of the 16 states must approve the legislation for it to come into force as planned from 30 June 2021.

However, states will begin to implement the Treaty from 15 October this year, under a transitional regime in which operators will be permitted to offer online sports betting, poker and slots.

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Central Europe

Prague City Council Approves Slot Machine Ban

Niji Narayan

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Prague City Council Approves Slot Machine Ban
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Prague City Council has voted in favour of a decree banning all electronic and mechanical gambling machines in the Czech capital from 2024.

The decree was approved by the legislature earlier in the week and only needed councillors’ approval. Councillors say they approved the decree in a bid to tackle problem gambling.

Councillor Hana Kordová Marvanová said: “We decided to follow the path of a blanket ban on slot machines throughout the city because we set ourselves the goal of reducing the most dangerous forms of gambling, which include playing slot machines.

“Statistics show that limiting the availability of gambling has a significant positive impact in the area of negative social phenomena, such as pathological gambling or non-payment.

“We have promised all parts of the city that they do not have to worry about the loss of revenue from taxes on technical games, which they have so far used to finance public needs such as culture, education, sport or social affairs.

“Together with the approval of the decree, the task of compensating the City Council for possible loss of income so that the financing needs of important public activities do not suffer was also approved.”

Several other cities in the Czech Republic, including Brno, Ostrava, Břeclav, Kyjov, Klatovy and České Budějovice, have already implemented similar bans.

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