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GoldenRace goes live in Romania thanks to Mozzartbet

George Miller

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GoldenRace goes live in Romania thanks to Mozzartbet
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GoldenRace leading virtual sports are now available in Romania thanks to the partnership the company has with Mozzartbet.

The enormous Serbian operator and the global provider of virtual sports and betting technologies have been collaborating in several markets since 2018, and now they offer GoldenRace’s award-winning virtual sports and games to Romainan players through Mozzartbet’s platform.

With this new step, GoldenRace strengthens its presence in Europe, while entering a new interesting market.

Martin Wachter, GoldenRace CEO & Founder said: “I am very happy to see such a good result after some complicated months and after all the amazing job my team has done. It is very big to be Live in Romania, especially with a partner like Mozzarbet, which is really recognised in the industry.”

Danijela Mladenović, Virtual Games Sector Manager at Mozzartbet added: “It is great to be able to offer our clients GoldenRace’s products. Its virtual sports shape the trends of the market, so this is an amazing addition to our portfolio.”

Compliance Updates

Ukrainian Cabinet Elects Ivan Rudyi as Chairman of Gambling Regulation Commission

Niji Narayan

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Ukrainian Cabinet Elects Ivan Rudyi as Chairman of Gambling Regulation Commission
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Ukraine’s Cabinet of Ministers has elected Ivan Rudyi as the Chairman of the Commission on the Regulation of Gambling and Lotteries. Oleg Nemchynov, Minister of the Cabinet of Ministers, announced this at a briefing.

“Today, in addition to the next government meeting, we also had an extraordinary one, at which we considered several personnel issues. One of them was the announcement of preliminary results of selection for the post of the chairman and members of the Commission on the Regulation of Gambling and Lotteries. Based on the results of this meeting, (candidates) were recommended out of 378 persons who submitted their CVs and applications, and out of 42 persons who were admitted. In particular, 20 persons were submitted to the post of the head of the commission, 32 persons were submitted to the members of the commission,” he said.

Nemchynov stressed that it was recommended to appoint Ivan Tarasovych Rudyi to the post of the head, and Olena Vodolashko and Yevhen Hetman to the posts of two commission members.

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Eastern Europe

RG24seven Partners with ROMBET

Niji Narayan

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RG24seven Partners with ROMBET
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RG24seven, a video-based responsible gaming training platform, has announced a partnership with ROMBET to provide video-based, responsible gaming training to its members.

ROMBET is the representative association for the Romanian gambling industry and is led by president Dan Alexandru Ghiță, former manager of the Romanian National Lottery, along with vice president Dan Iliovici, previously president of the Romanian gambling authority ONJN.

“ROMBET has an incredibly important role in developing the legal gambling framework in Romania and we are now strongly engaged in responsible gambling projects. RG24seven’s training enables our members to learn first-hand from responsible gaming and industry experts. The video-based online training can be rolled out quickly and efficiently ensuring that all gaming employees and patrons have a full understanding of responsible gaming,” Dan Ghiță said.

“Based on the experience and expertise of its leadership and members, the ROMBET association is an established and vital partner for all stakeholders in the Romanian gambling market. RG24seven is incredibly pleased to be collaborating with such a prestigious association as ROMBET to promote safe and enjoyable gaming in Romania,” Wendy Anderson, CEO of RG24seven, said.

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Eastern Europe

“As the CIS’s second largest country, we’re looking at one of Europe’s greatest growth opportunities.” Exclusive Ukraine interview with BetGames.TV’s Yury Mikhaylov

George Miller

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BetGames.TV - Yury Ukraine interview
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With the stage now set for history in the making, Ukraine is preparing to open its market for the first time in more than a decade.

Proven as one of Europe’s most in-demand live casino suppliers and headquartered in neighbouring Vilnius, we caught up with BetGames.TV’s CIS Sales Director Yury Mikhaylov to get his views on Ukraine’s potential, as well as his own plans for the market.

With BetGames.TV gearing up to bring its products to the Ukrainian market in the near-term, how do you see prospects here?

As the CIS’s second largest country, we’re looking at one of Europe’s greatest growth opportunities. Infrastructure factors, such as widespread internet access and the prevalence of online banking, have laid a great foundation for a digital-first approach from the outset. Twinned with a market crammed with tech savvy players, and you’re looking at a serious boost for national revenue with plenty of potential for online casino, making it an exciting time for all involved.

I would encourage anyone who remains sceptical of the benefits of regulation to consider the example offered by neighbouring Georgia (on a smaller population scale of course!). The country has improved player safety, widened consumer choice and boosted the national economy by attracting new investment. For that reason, it’s pleasing to see Ukraine follow the example set by several other regional European markets by putting a framework in place to establish its own gambling industry, and we look forward to playing a part in the market’s development.

Has BetGames.TV already established a footprint in the region? Are there any further steps which the regulator needs to take before you do so in Ukraine?

We already have a well-established network with Ukraine’s biggest global hitters (such as Favbet and Parimatch), who, as regional heavyweights, are going to be key in shaping how the market develops in its early stages. Both operate an extensive network across the CIS and Europe, and we are on excellent terms with them given the number of jurisdictions we’re actively working in together.

On a macro level, the Ukrainian regulator has certainly taken steps in the right direction, although having said that, several inconsistencies remain within the proposed framework, which the authorities must work to clarify in order to fully realise all the advantages of regulation. I’m confident this will be addressed and look forward to seeing updates on this soon enough.

And what are your plans for the market going forward?

From what we’ve seen so far, I’m certain that the full legalisation and improved transparency of the Ukrainian market will add a wealth of new opportunities for us, particularly when it comes to online casino.

We’ve been hugely successful in Belarus in a similar format – where we went online with the country’s first digital offering (launched by Parimatch) and have already outperformed every slot supplier on the market there. We also offer far superior margins to our competitors, and in many cases, theseare greater than sports betting itself, so I see plenty of potential for us to sit alongside newly established Ukrainian sportsbooks too without cannibalising spend.

Accordingly, I believe we’re in a strong position to capitalise on the Ukrainian market’s likely huge customer base as soon as we go live there, and I’m sure we’ll prove to be key in helping operators make their mark on the territory. As well as our award-winning live dealer offering (fully developed in-house), we’ve also got a raft of marketing and promotional services that are going to be tailored to a jurisdiction where we are already familiar with what players are looking for.

How do you envisage Ukraine’s commercial landscape will shape up in the coming years? Do you expect to see a lot of competition?

New market entries require considerable resources. Compliance procedures can be complex, time-consuming and geographically differentiated. For that reason, local knowledge and contact networks tend to play an important role. Ukraine is no different: with a high bar set for entry, many anticipate that the territory’s commercial future belongs to those who are already present within it.

Of course, given a population of close to 40 million, we’re dealing with one of Europe’s largest markets in terms of potential– so I’m sure plenty of our international operator friends and partners will also be eyeing it with interest. Given how pivotal we have been this year in boosting global partners’ operating revenue and acquisition efforts, I’m also sure we’ll prove ourselves to be a valuable asset in helping our partners’ operations get going there as soon as they go live.

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