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Post Event – The second edition of Prague Gaming Summit brings the event to the next level

Zoltan Tundik

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Prague – 17 April 2018 – The curtains have closed three week for the second edition of Prague Gaming Summit and the organizers are delighted to announce that the growth of the event was noticeable.

The second edition of Prague Gaming Summit was held at Vienna House Prague on the 29th of March and it was a sold out event. The initial plan included seating of 100 top level delegates, however due to the high demand, the event was extended to 120 delegates.

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View the full 2018 gallery here….

The organizing team would once again like to thank the supporting sponsors of the event:

 

The main highlights of the day

The event started smoothly with delegates starting to network straight away and eagerly waiting for the information to be shared by expert speakers. The delegates were greeted by Betty, Tereza and Christina, who handled the smooth registration and made sure everyone has all the information about the program that has commenced at 9:30 AM (Prague local time).

“Prague Gaming Summit is definitely the most important event when it comes to learning and networking with the experts of the industry from Central European countries. NetEnt is always interested in finding partners that comply with local laws and we have dedicated ongoing efforts in order to provide the best solutions in regulated markets. Being among the delegates who also attended the inaugural edition in 2017, I can say that this year’s event has doubled in participant numbers and has taken the event’s experience to the next level.”

Nadiya Attard – Head of New Sales at NetEnt

 

“The 2nd edition of Prague Gaming Summit was really an amazing one. In comparison with the first year there was visible improvement and I hope it will continue next year as well. Perfectly organized, nice place for conference and also good panels to discuss. Always good to be here and meet the right persons from industry. See you next year in Prague”

Vladimir Horak – Business Development Manager at Betgenius

 


The first panel of the event was dedicated for the local market and highlighted the main developments of the Czech Gambling Market. The panel was moderated by Dr. Joerg Hofmann (Melchers Law Germany) who introduced the speakers of the panel. Dr. Hofmann was joined by Jan Rehola (PS Legal), Jakub Kolomicenko (Endorphina), Ivan Sagál (Bird&Bird), Tal Zamstein (Fortuna Group).

Dr. Hofmann started by saying that “30 years ago it was fun to be a regulator, it was fun to be a legislator, because there was no internet. Regulating the gaming industry or supervising the gaming industry was land based only. If something happens, you walk around the corner, you call the police and everything is fine. Than in the 90s, something came up which is now part of our lives. Imagine not having your mobile phone with you or your computer. It is unthinkable how our days are different. There are so many challenges being a regulator today and generations have to learn, have to be ahead of technology, ahead of development.

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He pointed out that regulators have to take into consideration the fast development of internet gaming and create the legislations accordingly.

The panel discussion stressed on legal advice, regulatory advice, supplier perspective and operators perspective about the market in Czechia.

Ivan Sagál (Bird&Bird) has continued with introducing the history of online gambling in Czechia and the new law which has changed the regulatory landscape. He stressed on the fact that the new regulation has brought the online sector into focus which is important for the developments of combating the grey area. The news law also gives a chance for international companies to apply for licenses as the state realized it’s better to liberalize and tax the industry. He also added that the new law is much more modern and captures a much wider scope of services than the previous one by also setting a fair rule.

The new law is an improvement to the old law, but there is still a long way to go until it’s actually we will be able to say that the new law has brought an improvement of the business environment. So far it is an improvement of the regulatory environment.” added Ivan.

Jan Rehola (PS Legal) has added to the discussion and highlighted the fact that the regulation looks good on paper compared to other EU countries and the regulation of online gambling is very complex.

However, when speaking about practice, according to the new law there are 81 licenses which were issued to 41 entities. Meaning that many of these companies own several licenses. When it comes to online, there are 16 licenses from which 8 were issued for online technical games, 3 online sports betting, 3 online lottery and 2 for online live gaming. The concern is that there is only one foreign operator among the licensed companies (PokerStars) and this should change in the future.

Jan also added that he thinks that the issues is “the way how the regulation is interpreted and how the things that are in the regulatory framework are needed to meet by the operators. The licensing procedure is very formal and it’s not substance oriented and for many operators it’s very hard to meet the requirements. There are unique and the operators are not used to having them there. Some of the large operator don’t understand the terms.

Tal Zamstein (Fortuna Group) has added his view about the market. He highlighted the operations of Fortuna in Czechia and also pointed out the fact that as they operate on several regulated markets in Europe, he can make a good comparison.

Tal pointed out the fact that his company is not challenging the law and that it was a bit difficult at the beginning, but once the audience understood the verification of the players it important and the hard days were over.

Later on he added that his feeling about the current regulatory framework is that “the law is very conservative compared to other jurisdictions and he is not predicting any changes or amendments in the upcoming year.”

The technical requirements for the suppliers was commented by Jakub Kolomicenko (Endorphina), who added that “the biggest issue the suppliers are facing is the limitation of the maximum win”.

He also pointed out that in order to comply with this rule, they have to make the game worse and limit the winnings. Amendments and changes are needed in order to make it attractive for foreign operator, not to mention the hardness of the licensing process.

The current legislation, from the supplier’s point of view, is that they are not protecting the players, and they are forcing them work from other jurisdictions.”

The audio recording of the panel is available for the registered delegates, who attended the event.


The discussions continued with the second panel which was also moderated by Dr. Joerg Hofmann, who invited Dr. Robert Skalina (WH Partners), Jaka Repansek (Republis Slovenia), Dr. Mag. Klaus Christian Vögl (Fachgruppe Wien der Freizeit- und Sportbetriebe) and Dr. Simon Planzer (PLANZER LAW) to the stage. The second panel discussion focused on the state of the gambling industry in Slovakia, Slovenia, Switzerland and Austria.

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The discussion was initiated by Dr. Robert Skalina (WH Partners) who gave presentation about the Slovakian gambling market. He pointed out that some positive changes are expected this year in Slovakia. Many companies are reaching out to the government to ask about licensing after the blacklisting of unlicensed operators started.

The interesting compare between the Czech and Slovakian market is while both of them are pretty much close for foreign operators on paper and in practice. The only difference is that the Czech law is complaint with EU law and this a general acceptance. The Slovakian law is not considered compliant with EU laws. This is why the Ministry is preparing a new law or amendment to comply. The question is what the basis will be for this new law.

The discussion continued with Jaka Repansek’s (Republis Slovenia) exciting news about Slovenia who has brought fresh news in regards to the gaming regulation.

It’s about a new amendment which was passed in the government which liberalizes the market with unlimited number of licenses that have some entry criteria. The amendment only tackles the betting sector.

The amendment was vetoed by the Upper Chairman of the Parliament, so the House of Representatives are obligated to pass it again in maximum 30 days.

This is a huge step for the Slovenian market and it might see the end of the monopoly in the country. Most important that it comes during the time of elections.

(The European Gaming Congress which will be held on the 16th of October in Ljubljana is specially designed to also focus on the local market. You can read more about the event here.)

The conversation continued with a report on Austria, by Dr. Mag. Klaus Christian Vögl (Fachgruppe Wien der Freizeit- und Sportbetriebe) who said that he could not recommend applying for a gambling license in Vienna or almost anywhere else in Austria. The demand is high, however the commercial gambling operation laws are so restrictive that you can’t obtain a license.

Dr. Mag. Vögl also added that he receives questions about the market daily, but “To be honest, I must tell people, please forget about this in Austria. Open a sports business, or become a tour guide.

Dr. Simon Planzer (PLANZER LAW) continued the conversation and gave the insights of the Swiss gambling market, which is currently at an important turning point.

He started mentioning the fact that, Switzerland is a country takes pride in modern democracy and according to their laws, any law passed by Parliament can be challenged by the people in collecting signatures against it. This is because the ultimate legislator in Switzerland is not the Parliament, it’s the voters.

He was referencing about the gaming act which was passed in October 2017 by the Swiss Parliament and was challenged by the people. Thus, the coming into force of this act will be decided by referendum on the 10th of June by the voters. Either the results, it will be a vote of major significance for the online gambling market.

The audio recording of the panel is available for the registered delegates, who attended the event.

One of the rare moment where you can discuss about Regulation in Eastern part of Europe.

Catherine CHAUVIN – Area manager at PMU

This event is characterised by a very personal atmosphere. Always worth to attend.

Dr. Joerg Hofmann – Senior Partner MELCHERS law firm and former President of IMGL

 


The event continued with the first networking break of day, during which all delegates engaged into discussions and enjoyed a 30 minutes break from learning.

The 3rd panel of the day focused on the gambling industry in Poland and Bogdan Coman (ROMBET) has managed to get all the insights from Piotr Dynowski (Bird&Bird), Zdenek Lang (Superbet Poland) and Kamil Popiołek (Kancelaria Popiolek).

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The panel discussion highlighted the most important challenges operators are facing when entering the market.

The audio recording of the panel is available for the registered delegates, who attended the event.

Prague Gaming Summit always provides an interesting insight into the gaming licensing submissions, how the situation is now and what to expect for the future. Dynamic, interesting, rewarding and the most important ‘not heavy to digest’ ;). Thanks to all the assistances for the great contributions and of course to Zoltan for the awesome organization and care. Really worth to attend!

Juan Martin – Sales Manager at Greentube Internet Entertainment Solutions GmbH

 


The panel was followed by a Complimentary Networking Lunch which was sponsored by PLANZER LAW.

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All delegates got the chance to take a one hour break from the learning and enjoy a selected meal while also keeping up with the information shared by attending delegates.


The second part of the day started with the “Innovation Talks Live” panel, which focused on the role of cryptocurrency in the gambling industry and was moderated by Konrad Gill (ViARSys & iGamingRadio)

The panel was shared by Tom Light (SBTech), who started with a clear presentation of understanding what the role of Bitcoin is in the online gambling industry and continued with a shared discussion among the panelist, Max Krupyshev(Cubits) and Bernhard Blaha (Herocoin.io & Herosphere.gg).

The very informative panel which highlighted some important aspects of smart contracts and the use of cryptocurrencies in the gambling industry was follow by a short “fire side” discussion between Dan Illiovici (President of the National Gambling Office, Romania) and Dr. Simon Planzer (PLANZER LAW).

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The short panel focused on an important topic, which was titled as “How NOT to do it – Avoiding regulatory failure

Dan Iliovici pointed out that there are many lessons to be learned from national efforts to regulate gaming, in Europe and beyond. All too often, similar mistakes happen along the road. The session pointed out some of the major legislative and regulatory mistakes the regulators often make.


As most of the regulatory related panels have been exhausted, the education continued with a panel dedicated to Conversion and Retention which was titled “From Conversion to Retention – how do you make a successful gaming operation profit

The panel was moderated by Tal Itzhak Ron (Tal Ron, Drihem and Co. Law Firm), who was joined by Quirino Mancini (Tonucci & Partners), Jon Peters (Theomobex), Tal Miller (Fibonatix).

Tal Itzhak Ron (Tal Ron, Drihem and Co. Law Firm) also moderated the “Effective Marketing and Communications in the Sports Betting Industry” panel discussion where he has invited marketing and communication experts Michal Shinitzky (Pangea Localization Services), Assaf Stieglitz (odds1x2.com), Tom Light (SBTech) on stage.

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The panelists emphasized on the fact that it is vital that all marketing campaigns need to be clear, fair and most important optimized with localization.

We had a great time at the Prague Gaming Summit! Not only were the discussions very insightful and informative, the schedule was always on point. There were no delays, they were right on time and the sponsors were at the top of their game. We would definitely consider attending the next one!

Michal Shinitzky – Managing Director at Pangea Localization Services

The agenda continued with the final Networking Break of the day and has finalized with the awaited panel which discussed Responsible Gambling, AML and Gambling Licensing Procedures in the European Union.

The panel was moderated by Pieter Remmers (Assissa), who has unparalleled knowledge of Responsible Gambling implementation and was joined by expert speakers Martin Arendts (ARENDTS ANWÄLTE), Alex Henderson (The Ritz Hotel Casino London), Dan Iliovici(Romanian National Gambling Office – ONJN) and Tom Edmonds (Harris Hagan).

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The discussion pointed out some of the main challenges companies are facing when combating AML and also trying to keep track of their Responsible Gambling Programs.

The event finalized at 18:00 and it was declared and the delegates have managed to gain access to quality content which focused on compliance, marketing and responsible gambling.

However, the program wasn’t over at 18:00 as the delegates were invited to join a final networking session, “The Official Networking Party”.

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The networking party was held at one of the most popular venue Prague has to offer, NEBE Kremencova, where delegates got the chance to engage in a final networking session in a much more relaxed manner. Not to mention, enjoyed some of the finest beer in the world.

 

Prague Gaming Summit 2018 was an excellent event with renowned speakers, interesting content and an impressive number of delegates who represented variety of industry players. There were lots of networking opportunities, both during formal and informal parts of the conference. I am already looking forward to the next year event in which I will surely participate.

Bartosz Andruszaniec – Legal Advisor at RM Legal Kancelaria Radców Prawnych

 

 

The organizing team would like to once again thank each delegate for attending the second edition of Prague Gaming Summit and would also like to let you know that based on the feedback received from the event survey, preparations for Prague Gaming Summit 2019 are already under way.

Make sure you follow the social media channels of Prague Gaming Summit and European Gaming Media to get the latest information about upcoming events and announcements.

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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Baltics

Special keynote on Outsourcing with Stav Zilbershtein at MARE BALTICUM Gaming Summit 2019

Zoltan Tundik

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Reading Time: 2 minutes

 

Investopedia says that outsourcing is the business practice of hiring a party outside a company to perform services and create goods that traditionally were performed in-house by the company’s own employees and staff. Outsourcing is a practice usually undertaken by companies as a cost-cutting measure. As such, it can affect a wide range of jobs, ranging from customer support to manufacturing to the back office.

Outsourcing can help businesses reduce labor costs significantly. When a company uses outsourcing, it enlists the help of outside organizations not affiliated with the company to complete certain tasks. The outside organizations typically set up different compensation structures with their employees than the outsourcing company, enabling them to complete the work for less money. This ultimately enables the outsourcing money to lower its labor costs. Businesses can also avoid expenses associated with overhead, equipment, and technology.

During the second edition of MARE BALTICUM Gaming Summit, also known as the Baltic and Scandinavian Gaming Summit and Awards, Stav Zilbershtein, Co-Founder and CEO of Hyperion Tech, will present a special keynote about the current state of outsourcing in the Baltics and Nordics with an emphasis on practical lessons, risks, and solutions.

MARE BALTICUM Gaming Summit will take place on the 9th of May at Radisson Blu Royal Astorija Hotel and is gathering the gambling industry from the Baltic and Scandinavian regions for a full day of quality learning and networking with like-minded peers, regulators and representatives of the industry media.

Register here or View the Agenda!

About Stav Zilbershtein

Stav Zilbershtein is the Co-Founder and CEO of Hyperion Tech, an industry leader in development outsourcing for the blockchain and financial services sectors. A serial entrepreneur in the online industry for 11 years, Stav has founded several successful companies and brought his knowledge and expertise into the IT sourcing sector. Stav is a sought-after speaker and educator in the field with more than 500 hours of public speaking and deep experience in the online world.

 

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the Baltic and Scandinavian region via the MARE BALTICUM Gaming platform which has been launched in 2018 and is committed to bringing together industry shareholders and government officials from the Baltic and Scandinavian region on a yearly base.

Browse the official event website here: www.marebalticumgaming.com

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Baltics

Safe Gambling, AML and KYC with Bogdan Coman(Rombet), Jack Symons(gamban®) and Taivo Põrk(Ministry of Finance, Estonia) at MARE BALTICUM Gaming Summit 2019

Zoltan Tundik

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Reading Time: 5 minutes

 

Bogdan Coman (Executive Director at Rombet), Jack Symons (Founder and CEO of gamban®) and Taivo Põrk (Ministry of Finance, Estonia) will join the “Safe Gambling, AML and KYC” panel discussion under the moderation of Pieter Remmers (CEO at Assissa) at the second edition of MARE BALTICUM Gaming Summit, also known as the Baltic and Scandinavian Gaming Summit and Awards.

MARE BALTICUM Gaming Summit will take place on the 9th of May at Radisson Blu Royal Astorija Hotel and is gathering the gambling industry from the Baltic and Scandinavian regions for a full day of quality learning and networking with like-minded peers, regulators and representatives of the industry media.

Register here or View the Agenda!

”Safe Gambling” is a new term used in the industry and is a possible replacer for the notion ”responsible gambling”. While the responsible gambling focuses on studying and fighting the negative effects of excessive gambling practice, the broader concept of ”safe gambling”, also contains the prevention area.

It’s been a wild ride for the financial industry in the last years. Companies and executives are on a rollercoaster all year, with constant changes in regulations and sanctions, the introduction of new laws and the removal of old ones.

Financial scandals have also hit new heights and the time has come for banks and regulators alike have to admit a hard truth: not even today’s complex AML and compliance programs are enough to stop criminals exploiting financial platforms and every weak link they can find.

Online gambling is governed by special regulations, such as the Know Your Customer (KYC) standards set out in the EU’s Third Anti-Money Laundering (AML) Directive. This means that handling online transaction processes in the gambling sector is considerably more challenging than it is in other sectors.

On June 19th, 2018, the fifth EU Anti-Money Laundering Directive (AMLD 5) was published in the official journal of the European Union.

The AMLD 5 entered into force on July 9th, 2018. Member states are obliged to transpose the modified regulations into national law by latest January 20th, 2020.

In particular, the AMLD5

  • extends the scope to virtual currency platforms and wallet providers, tax related services and traders of art
  • grants access to the general public to beneficial ownership information of EU based companies
  • makes it an obligation to consult the beneficial ownership register when performing AML due diligence
  • obliges member states to create a list of national public offices and functions that qualify as politically exposed (PEP)
  • introduces strict enhanced due diligence measures for financial flows from high-risk third countries
  • ends the anonymity of bank and savings accounts, as well as safe deposit boxes and creates central access mechanisms to bank account and safe deposit boxes holder information throughout the EU
  • makes information on real estate holders centrally available to public authorities
  • lowers thresholds for identifying purchasers of prepaid cards and for the use of e-money
  • further enhances the powers of the FIUs and facilitates cooperation and information exchange among authorities

The experts of the panel discussion will share their knowledge on how these directives have shaped the industry and what is yet to come with AMLD6 on the horizon.

About Bogdan Coman

Bogdan Coman is the Executive Director of ROMBET and has a rich activity in the gambling industry, which he joined once graduation from the Bucharest Academy of Economic Studies, Bogdan Coman contributes to the good work of the Rombet Association through the experience of planning and organizing activities in the field of gambling. He built national projects, led complex teams, and was responsible for meeting performance indicators in the companies he worked for or collaborated with.

 

 

About Jack Symons

Jack Symons is the founder and CEO of gamban®. Formed as a result of his own experience with problem gambling and his dissatisfaction with existing self-exclusion options, Jack brought the most affordable, effective and lightweight gambling-blocking software to the market. The aim is help individuals stop gambling and organisations (businesses, operators and education institutions) improve sustainability.

 

 

About Taivo Põrk

Taivo Põrk has been responsible for designing and executing national gambling policy in Estonia through legislation since 2011, as part of his duties in Ministry of Finance. He has also been a member in Expert Group on Gambling Services since its inception by the European Commission in 2012.

 

 

 

About Pieter Remmers

Pieter Remmers is a veteran in the area of responsible gaming, consultancy and training of gambling industry professionals. He has been involved in projects with the gambling industry already since 1989. Pieter started his career as the director of an outpatient clinic for addiction problems of Jellinek in the early ’80s.

His company Assissa Consultancy Europe works/worked on responsible gaming policies and programmes in a number of countries i.e. Netherlands, South Africa, Germany, Switzerland, Luxemburg, Belgium, Italy, Spain, Malaysia, Singapore, Canada, Malta, Sweden, and others. Besides Pieter is a consultant worldwide for as well as the gambling and betting industry land-based and online, casinos, slot machine halls, and lotteries and for regulators or other governmental bodies.

He works/worked with companies like IGT/GTech/Lottomatica, Holland Casino, Unibet, Sun International, Svenska Spel, Gauselmann/Merkur, Betsson, Krijco, Fair Play Casinos, Staatsloterij, Lotto NL, Casino 2000, Cogetech, Betfair, National Lottery and many more.

He is a member of the Executive Committee and serves as secretary general/conference organizer of the European Association for the Study of Gambling (EASG). He is also a shareholder/board member of HANDS (Human Assistance Network for Daily Support, telephone counseling services).

In 2003 he was the initiator of G4 (Global Gambling Guidance Group). G4 deals with an International Accreditation System on responsible gaming for the gambling, betting and lottery industry land-based and online. At present, he is the Chair of the Board of G4.

Since 2009 he is a member of the Responsible Gaming Committee of IMGL (International Masters of Gaming Law).

He is also a member of the Spielerschutzkommission (Responsible Gaming Commission) of the Gauselmann /Merkur Group, Germany, a member of the Advisory Council of the AWI in Germany and a member of the International Advisory Panel of the Ministry of Health in Singapore.

Pieter is a very regular speaker at many conferences all over the world.

He is also a freelance correspondent for the magazine European Casinos The Elite and the Casino Inside magazine (Romania).

At present, he is involved in the development and carries out of online education programmes (e-learning) on problem gambling and responsible gaming and responsible gaming solutions to support players’ gaming decisions and online treatment modules.

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the Baltic and Scandinavian region via the MARE BALTICUM Gaming platform which has been launched in 2018 and is committed to bringing together industry shareholders and government officials from the Baltic and Scandinavian region on a yearly base.

Browse the official event website here: www.marebalticumgaming.com

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Baltics

D-A-CH region oriented panel discussion to be moderated by Dr. Joerg Hofmann (Partner, MELCHERS LAW) in Vilnius

Zoltan Tundik

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There is plenty of news surrounding the German-speaking region when it comes to online gambling, however, it is mostly shut down when things get interesting.

On the gambling industry’s media outlets, the business is booming in Germany, with Scientific Games bringing next-generation Lottery Technology to Germany’s Lotto Brandenburg, Kambi Group powering the re-launch of Mybet sportsbook, or GeWeTe adding charm to Merkur Casino Halle.

However, when it comes to regulations, the recent news was both hot and cold.

On March 21, the Minister-Presidents of Germany’s 16 federal states have ratified the third amended State Treaty on Gambling, paving the way for operators to apply for sports betting licenses in the market, while Schleswig-Holstein will be allowed to run its own, liberal regulatory regime.

During the Minister-Presidents’ Conference, the lawmakers agreed to sign the Treaty, with licenses to come into force from January 1, 2020 and run until June 30, 2021. This will effectively act as a placeholder, with a view to a complete overhaul of Germany’s gambling regulations by 2021.

As mentioned earlier, the news was considered by some as a “breakthrough”, while others have been disappointed by the “missed opportunity”.

You can read more about the statements and quotes by industry experts from the region on the following link.

During the second edition of MARE BALTICUM Gaming Summit, also known as the Baltic and Scandinavian Gaming Summit and Awards, Dr. Joerg Hofmann (Partner at MELCHERS LAW) will take on the role of moderating the D-A-CH region oriented panel discussion and will add his opinion to the Germany market update along with Martin Arendts (Owner at ARENDTS ANWÄLTE – gaminglaw.de).

The “Gambling industry updates from the D-A-CH region” compliance panel discussion will focus on shedding light on the status of the gambling industry in the German-speaking markets such as Germany, Austria, Switzerland and also an exclusive update on Liechtenstein.

MARE BALTICUM Gaming Summit will take place on the 9th of May at Radisson Blu Royal Astorija Hotel and is gathering the gambling industry from the Baltic and Scandinavian regions for a full day of quality learning and networking with like-minded peers, regulators and representatives of the industry media.

Register here or View the Agenda!

About Dr. Joerg Hofmann

Dr. Joerg Hofmann is a Past President of the International Masters of Gaming Law (“IMGL”) and group leader of the Gaming & Betting Law Practice Group of Melchers Law Firm.  He has been practicing gaming law since the mid-90s and Melchers’ legal advice is highly valued by global market leaders in all sectors of the gaming industry.  A highly recognized expert in the field, Joerg has been consistently ranked as a leading individual and expert in gaming law by prestigious legal directories including Chambers Global and Best Lawyers for many years.

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the Baltic and Scandinavian region via the MARE BALTICUM Gaming platform which has been launched in 2018 and is committed to bringing together industry shareholders and government officials from the Baltic and Scandinavian region on a yearly base.

Browse the official event website here: www.marebalticumgaming.com

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