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Darina Denisova: Russian betting business should grow with the global market

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Darina Denisova: Russian betting business should grow with the global market
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The perspectives for the global sports betting market are very encouraging. The growth of the bookmaking industry, including in Russia, can be called one of the most impressive in the entire global business environment. This was stated by the President of the Russian Self-Regulatory Organization (SRO) «Association of Betting Companies» Darina Denisova, commenting on the results of the study of consulting company Zion Market Research.

 

Participants in the Russian betting market have carefully studied the new report of the company, whose main goal was to give a detailed forecast of the development of the betting industry up to 2024. If in 2017, experts estimated growth of the global betting market at $104 billion, by the end of 2024, their forecast figure was already $155.4 billion.

«CAGR at least 8% between 2018 and 2024 seems quite realistic, – Darina Denisova said. – Of course, it is necessary to take into account many different factors of market behavior, which often depend on the predictability of regulating state bodies. But on the whole, the global betting industry is indeed experiencing a period of most active development».

Exactly the legislative problems the authors of the research call as one of the main obstacles to the growth of the market. For Russia, this issue is also relevant and, according to Darina Denisova, it is the prudence of local legislators and regulatory bodies that is almost the main condition for the development of the Russian segment of the global betting industry.

The authors of the analytical report also believe that such a serious projected growth in the market growth can be explained by the real digital revolution, which allows the online betting segment to become a leader in the classic bookmaking industry.

Agree. Now we are witnessing a real breakthrough in operating technologies of bookmakers. Enormous business opportunities are provided to those bookies that are willing to invest resources in the development of their platforms. For Russian bookmakers, this is no less important than for foreign brands», the President of the Russian SRO summarized.

 

 

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Fast Track welcomes PolarLotto: taking online lotto in Sweden to new heights

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Malta, 28th March 2024 – PolarLotto, a leading provider of lotto betting services in Sweden, has just announced a strategic partnership with Fast Track, a leading provider of CRM solutions designed specifically for the iGaming industry. This collaboration aims to propel PolarLotto’s expansion from offline to online offerings, bringing the excitement of the world’s biggest lotteries to Swedish players in a safe and responsible manner.

PolarLotto prides itself on its commitment to transparent and ethical gaming practices, with a focus on player safety and responsible gaming. By teaming up with Fast Track, PolarLotto aims to leverage cutting-edge technology to expand its business model from traditional to online, ensuring a seamless and engaging experience for its customers.

Commenting on the partnership, Benjamin Burstein, CEO of PolarLotto, expressed enthusiasm about the possibilities ahead, stating, “We are excited to embark on this journey of transforming our business with the latest technology and automation tools provided by Fast Track. As we transition to the online space, we are confident that Fast Track’s expertise in custom segmentation, real-time data capabilities, and personalised experiences will enable us to better serve our players and achieve our business objectives.”

Fast Track also expressed confidence in the partnership, highlighting the potential for exceptional results through its Singularity model, which uses AI and machine learning to deliver tailored content to players, at the right time and through the most effective channel. “We are thrilled to partner with PolarLotto and support their online expansion,” said Simon Lidzén, CEO and co-founder of Fast Track. Our tools are designed to empower lean teams to achieve remarkable results, and we look forward to helping PolarLotto maximise their online presence and engagement.”

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Red Bull Gaming premieres ‘Memories of CS:GO’ documentary highlighting the game’s early years

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As the CS2 PGL Major in Copenhagen is set to kick off, Red Bull Media House will unveil a captivating feature-length documentary, “Memories of CS:GO – The Early Years,” an ode to one of the most influential games ever made.

This film takes viewers on an immersive journey through the origins and evolution of Counter-Strike: Global Offensive (CS:GO), featuring personal accounts and defining moments from several of the most legendary figures of the game.

The 90-minute documentary, narrated by Counter-Strike commentator Henry “HenryG” Greer, chronicles the remarkable trajectory of CS:GO, from its grassroots beginnings to becoming a global esports phenomenon.

Produced by Red Bull Media House, the film captures the essence of the game through the eyes of its most well known players, including Olof “olofmeister” Kajbjer Gustafsson, Patrik “f0rest” Lindberg, Richard “shox” Papillon, Gabriel “FalleN” Toledo, and Jarosław “pashaBiceps” Jarząbkowski, among others.

The documentary’s release is timed to precede the playoff stage of the PGL Major Copenhagen, scheduled for March 26, 2024. It will premiere on Red Bull Gaming’s YouTube channel at 21:00 CEST, offering viewers worldwide an insider’s perspective on the beloved game.

Event Details:

  • What: Premiere of “Memories of CS:GO – The Early Years”
  • When: March 26th, 2024, at 21:00 CEST
  • Where to watch: Red Bull Gaming’s Youtube Channel
  • The “CS:GO Memories” documentary can be viewed shareit.redbull.com

 

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Ten Square Games ready for a new development opportunities in 2024

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2023 ESPI package

The following documents in pdf format are equivalents of the official Consolidated Financial Statement which were reported in ESPI (download in the zip file above)

2023 Consolidated Financial Statement

2023  Management Board Report on Activities

Independent Auditor’s Report on the Audit of Annual Consolidated Financial Statements

Link to the stream

Link to the chat with individual investors

Presentation

Factsheet

Financial data

Transcription of the conference and Q&A session

For complete press release visit tensquaregames.com

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