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Business and government synergy to officially represent Ukraine at the Web Summit

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Business and government synergy to officially represent Ukraine at the Web Summit
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For the first time in history, Ukraine will host a pavilion at Web Summit, the world’s largest tech conference. The pavilion will feature startups, IT service companies, foundations, and innovations. The organizers are giving a special presentation within the official Web Summit program along with a Ukrainian dinner. On November 2, some of the country’s best-known companies will be showcasing the Ukrainian technological ecosystem.

Today, Ukraine’s IT industry is booming, growing five times faster (25%) than the global average (4-6%). Here are some impressive numbers:

● 5,000 IT companies
● 250,000 developers
● Five unicorns
● Ukrainian startups raised $2 billion in VC investments in 6 years
● By 2025, the industry is projected to generate $10 billion

“Ukrainians are known worldwide for their IT skills and creativity. As the government is introducing a special legal framework for IT companies — Diia City — we expect further development of Ukraine as a European hub for innovation and R&D. Ukraine’s participation in Web Summit 2021 became possible thanks to the joint efforts of the Ukrainian government and the private sector,” says Dmytro Senik, Deputy Foreign Minister of Ukraine, Chief Digital Transformation Officer.

The Ukrainian presence was made possible thanks to the combined efforts of the co-organizers — the Ukrainian Startup Fund, the Ministry of Digital Transformation, Ministry of Foreign Affairs, Embassy of Ukraine in Portugal, Sigma Software Group, Ukrainian Hub, Еuropean Business Association, and iplace digital agency — with partners Digital Future, Kyivstar, Parimatch Tech, Rocket, Fondy, Avenga, ISSP, Concord Fintech Solutions, UNIT.City, and IT EDUCATION DEVELOPMENT.

“As an international product company with Ukrainian roots, we support government initiatives to build up and develop technical expertise in the country. Our largest development center, located in Kyiv, monitors the trends in the world of technology and, whenever possible, applies them to our products, thereby raising the level of Ukrainian engineers. We are grateful to our partners and the state for the opportunity to be involved in the demonstration of Ukrainian technical expertise to the whole world,” commented Maksym Liashko, co-CEO of Parimatch Tech.

Parimatch Tech develops the Ukrainian IT market as an employer and organizer of hackathons, international conferences, and projects such as Parimatch Tech Academy — a free educational project where practicing engineers train specialists for the growing Ukrainian IT market. Star students receive job offers from Parimatch Tech or glowing recommendations when applying to other companies.

Eastern Europe

Wazdan grows Romanian footprint with MaxBet.ro

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Wazdan grows Romanian footprint with MaxBet.ro
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Wazdan, the global supplier of igaming products, has reinforced its commercial presence in Romania by partnering with prominent operator MaxBet.ro.

MaxBet.ro was established by a group of casino enthusiasts with a wealth of industry experience to deliver the best online gambling services available to Romanian players. Earning accreditation from Romanian’s gambling authority (ONJN) in 2016, MaxBet.ro is now one of the biggest operators in the market.

Under the agreement, the operator can make the most of a selection of twenty Wazdan’s high quality products, including the popular Power of Gods™: EgyptLarry the Leprechaun and Sizzling 777 Deluxe slots.

The agreement marks another milestone deal for Wazdan, having signed deals with OktagonBet, MeridianBet, Odin Services, Elite24Bet, GG.by, and Twin Casino in recent months.

Alongside its popular slot titles, Wazdan will also be supplying its Unique Wazdan Features, including the enhanced Volatility Levels, giving players the chance to customise the product to suit their needs and preferences, but also allowing MaxBet.ro to choose a default Volatility Level™ for their players.

Radka Bacheva, Head of Sales and Business Development for Balkan and SE Europe at Wazdan, said: “Thanks to MaxBet.ro’s impressive reputation and reach in the Romanian market, the agreement is beneficial for both parties, significantly raising awareness of our profile among players in the country.

“Our products provide both variety and excitement to suit different player preferences, and we are excited to see how they resonate with the operator’s audiences.”

Alexandra Oneata, Head of Product at MaxBet.ro, said: “Our main goal since establishing our brand has been to deliver truly memorable experiences to our audiences.

“We are thrilled to be able to add Wazdan’s renowned slot products to our portfolio, and cannot wait to hear player feedback on how they have been received.”

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Compliance Updates

German Gambling Regulator Appoints Ronald Benter and Benjamin Schwanke as its Leading Executives

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Germany’s new gambling regulator, the Glücksspielbehörde, has detailed its ambition to pursue a dual leadership strategy, appointing Ronald Benter and Benjamin Schwanke as its leading executives.

The Glücksspielbehörde’s dual leadership strategy will see Benter and Schwanke jointly coordinate the organisation’s oversight and activities, with the commission aiming to amass around 110 employees and begin taking full supervisory responsibility of the German market by July 2022.

Prior to joining the regulator, Benter worked for the Ministry of the Interior of the north German state of Schleswig-Holstein – the first state to have moved forward with online betting and gaming – leading and overseeing the regional gaming and municipal business law department.

“Our task for the next one and a half years is initially to set up the authority in such a way that it is able to act,” Benter said.

Schwanke is a previous member of the EU Gambling Expert Group, and most recently held the position of Head of the Hamburg Gambling Authority as part of the city’s Interior and Sports Authority.

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Eastern Europe

Synot Games Expands Its Presence in Romania

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Synot Games Expands Its Presence in Romania
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SYNOT Games has announced a strategic partnership deal with Favbet and continues to expand its presence in the Romanian market.

This deal earned Favbet access to the SYNOT Games offer, including slots from fruity classic to the newest titles and top performers such as Book of Secrets, Monkey Slots, Respin Joker, and others which are already e available to the Romanian players.

“We are pleased to have another strong operator, such as Favbet, providing our games in the market. It’s a great achievement to see that more players will now be able to enjoy our ever-expanding range of engaging and exciting games. And we are looking forward to see our player base in Romania grow, ” Martina Hrabinska, CCO at SYNOT Games.

„We are pleased about the partnership with SYNOT Games. Our players in Romania can now enjoy the engaging SYNOT portfolio, which will complete our offer with exciting games with a fresh mixture of graphics and sound,“ Serghei Burbulea, CEO at FAVBET ROMANIA.

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