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CEEGC 2019

North American (USA and Canada) gambling industry opportunities discussed in the IMGL MasterClass™ at CEEGC2019 Budapest

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North American (USA and Canada) gambling industry opportunities discussed in the IMGL MasterClass™ at CEEGC2019 Budapest
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North America (USA and Canada) in the focus via a special IMGL MasterClass™ at CEEGC2019 Budapest.

There are over 1000 commercial casinos in North America and they generate approximately $29 billion in revenue each year. These include casino gaming establishments situated in the United States, Canada and Mexico. These numbers do not include the online gambling industry which is currently being legalized in state by state in the USA.

In a recent report, we can see that the online sports betting is gaining a lot of trend. Thirty-eight million American adults—15 percent of the U.S. adult population—are planning to bet on National Football League (NFL) games this season, according to a new survey by the American Gaming Association (AGA).

The rapid expansion of legal sports betting has provided increased opportunity for millions of Americans to bet safely with a licensed, regulated sportsbook. This year, 7 million Americans say they will bet legally at a casino sportsbook, 1.2 million more than last year, and tens of millions of others will place bets with friends, participate in pools or squares contests or place their bets online.

In Canada, a fresh report showed that at the end of the first quarter of the 2019–2020 fiscal year, Loto-Québec is reporting total revenues of $656.1M and a consolidated net income of $337.4M.

Most noted is the fact that revenues from the online gaming website—lottery and casino games combined—grew by $5.6M (+23.8%).

The quarterly report is available on Loto-Québec’s website.

During the 2019 edition of CEEGC Budapest, which will take place on the 24th of September, a panel of experts from the USA and Canada will join the IMGL MasterClass™, which has been strategically titled as “Opportunities in North America”.

Some of the biggest names of the online and land based gambling industry from the USA and Canada will take part and the organizers are honored to announce them.

The IMGL MasterClass™ in Budapest will be joined by Jeremy Kleiman (Partner at the New Jersey law firm of Saiber LLC), Ilkim Hincer (Partner at McCarthy Tetrault – Canada), Bill Pascrell, III (Partner at Princeton Public Affairs Group, Inc.), and last but not least Andrew Cochrane (Chief Commercial Officer at SBTech).

The discussion will be moderator by IMGL Member, Jaka Repanšek (Media and Gaming Expert).

Secure your seat now!

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.

Register here!

You can view the profile of each speaker bellow:

About Jeremy Kleiman

Jeremy Kleiman focuses his practice on gaming, regulatory and business law, representing casino operators, gaming equipment suppliers, technology providers and financial institutions involved in the gaming and lottery industries. He specializes in gaming-related corporate, regulatory, licensing and compliance matters, with an emphasis on the online and mobile gaming industry.

Prior to rejoining the firm, Jeremy served as Executive Vice President, Regulatory & Business Affairs for Coastal Development, LLC, a developer, investor and operator in casino resorts and racetracks. In that role, he was responsible for the company’s legal affairs, government relations and compliance functions, as well as sourcing, negotiating and executing on a number of business transactions. Jeremy’s background and experience on the business side of the gaming industry uniquely positions him to counsel and advise clients on transactional and regulatory matters while understanding the clients’ business objectives.

Jeremy had previously been a member of the Firm and head of its Gaming Law Practice Group prior to his time at Coastal Development. He advised financial institutions, gaming equipment manufacturers, lottery providers, and casino operators on all matters related to licensing, compliance and other regulatory matters.

Jeremy is a co-founder and director of iDevelopment and Economic Association (iDEA), an industry association seeking to grow jobs and expand online interactive entertainment business in the United States through advocacy and education.

Jeremy serves on the Board of Trustees of the International Association of Gaming Advisors, is a past Chair of the Casino Law Section of the New Jersey Bar Association, and is a member of the International Masters of Gaming Law. He is a frequent panelist at gaming industry conferences.

About Bill Pascrell, III

With a prominent career in state and federal public affairs, William J. Pascrell, III ESQ more commonly known as BPIII, is a partner with the Princeton Public Affairs Group, Inc. BPIII has worked as Counsel to the Governor of New Jersey, Chief of Staff for a member of Congress, and was Passaic County Counsel from January 1998-2019 with support from both sides of the political aisle. As County Counsel, BPIII drafted and worked to get the Freeholders to adopt the toughest ethics code in New Jersey. BPIII has held various positions on political campaigns at the federal and state level including New Jersey Governors James Florio, Jon Corzine, and Dick Codey. Additionally he has worked at a senior level on the Presidential campaigns of Bill Clinton, Al Gore, John Kerry, Hillary Clinton and Barack Obama.

BPIII is a founder and sits on the Board of Freedom Bank, a federally and state chartered New Jersey bank. Along with these distinctions BPIII also serves on the Board of Directors of the NJ Community Development Corporation, Habitat for Humanity, Juvenile Diabetes Research Foundation, North Jersey Country Club and the United Way of Passaic County.

BPIII graduated in 1982 from Don Bosco Technical High School in Paterson, Rutgers University Cum Laude with a BA in 1986, Seton Hall Law School with a JD in 1989 and the Kennedy School of Government at Harvard University with a MPA in 1992. Bill was admitted to the New Jersey bar in 1990 and is a member of the bar in Washington DC and has been admitted to practice before the United States Supreme Court.

In 1991 BPIII was selected as a delegate to the American Council of Young Political Leaders exchange program to Hong Kong, Taiwan, and China. In 1992 he was also a Leadership NJ Fellow.

BPIII has worked on behalf of many industries in both Trenton, New Jersey and Washington DC including Pharmaceutical, Petroleum, Energy, Transportation, Law Enforcement, Health Care along with major development projects.

In the area of gaming and casino, BPIII has various gaming interests throughout the United States, Europe, South America, Canada, and Israel. His clients include Trump, Pinnacle, The AC Chamber of Commerce, The NJ Casino Association, Sportech, Playtech, Camelot Lottery, Hard Rock Casinos, IMEGA, High 5 Games, Global Betting Exchange, Cashbet, Ezugi, PickLive, Line Gaming Holdings, Game Sports Network, The New Meadowlands Racetrack, Liberty Rising Casino, The Atlantic Club Casino Hotel, OTG Management, Rational Services, Vote Yes on Sports Betting in NJ Coalition and Poker Stars. He has become the state’s top expert with regards to internet gaming issues and has recently lead the campaign to pass a NJ Sports Betting law after a successful statewide referendum campaign which BPIII managed. BPIII continues to advise the Christie Administration, and the NJ State Legislature on the ongoing federal law suit involving sports betting, the NFL et. al. vs. Chris Christie.

Most notably BPIII lead a multi-year campaign to pass the New Jersey On Line Gaming Act recently signed into law by Governor Chris Christie. BPIII is also a member of the GiGSE (Global Internet Gaming and Sports Experts) Board of Advisors.

BPIII is also Executive Director of the newly formed AI2G American Institute for i-Gaming which was founded to promote legal, regulated Internet gambling at the state, tribal and federal levels through education, research advocacy and outreach to government and other key stake holders in the United States.

BP3 spearheaded the strategic alliance between H2 Gambling Capital and Princeton Public Affairs Group, Inc. (PPAG). The alliance merges H2 Gambling Capital, the leading authority regarding market data and operator intelligence in the gambling industry globally, with PPAG, the leading strategic advisory, government and public affairs, legal services and communications firm in the US gaming industry. This alliance will promote and support this joint ventures unique, global and leading-edge professional services in the US. The alliance will leverage BP3’s credibility and extensive direct hands-on experience with respects to the US sports betting industry to deliver the highest quality market data and operator intelligence to the emerging regulated sports betting marketplace.

The political web site, Politics NJ, named BPIII in their Power List of top 100 political players in New Jersey. In 2003, NJBIZ magazine featured Bill in their annual Forty Under 40 edition. For the past 10 years, NJBIZ has recognized 40 young men and women for their outstanding contributions to the New Jersey Business Community. BPIII is the star of the weekly show “The Battling Bills” which is on every Sunday on Comcast CN8. He is also a regular political commentator on talk shows like “It’s Your Call” with Lynn Doyle, “Diner Politics” with Laura Jones, News 12’s “Power and Politics” and has participated in live Court TV Internet discussions. In 2005 BPIII was nominated for a Mid-Atlantic Emmy award for performance on the “Battling Bills” weekly national political show.

About Ilkim Hincer

With deep sector expertise, Ilkim has the speciality and insights clients’ need to navigate the diverse challenges and opportunities facing the global gaming industry.

Ilkim Hincer is a partner and Head of the firm’s Gaming, Lottery and eSports Group, specializing in gaming and related technology law. He has profound experience advising local and multinational clients in compliance, regulatory, risk mitigation and transactional matters in the commercial gaming industry. His broad array of clients operate in internet gaming, casinos, bingo gaming, lotteries, eSports and related sectors.

With over a decade of experience both in-house and in preeminent law firms, he has an intricate knowledge of gaming legislation framework in local and global economies. Prior to starting his private practice in 2015, he served as Vice President and General Counsel at Trilliant Canada Gaming, General Counsel and Chief Compliance Officer for the Canadian subsidiary of Penn National Gaming, and General Counsel and Corporate Secretary of the British Columbia Lottery Corporation.

Given his experience on both sides of the table, Ilkim is considered a trusted advisor to his clients and is their first call for matters such as establishing compliance regimes, managing internal controls, and navigating Canada’s anti-money laundering and “conduct and manage” requirements. He also focuses on Indigenous gaming interests, with a proven ability to engage with diverse stakeholders, balance interests, and achieve favorable results for his clients.

Ilkim’s practice also draws from his supplementary experience in privacy, advertising and marketing, technology, corporate governance, mergers and acquisitions, securities, brand protection, licensing, and trademark law. Furthermore, he has also been responsible for retaining, directing and managing in-house counsel in various litigation and arbitration mandates, such as competition, intellectual property infringements, employment, and commercial issues.

Ilkim obtained his JD from the University of Windsor in 1995. He is a member of the Canadian Bar Association, the Law Society of Ontario, and the Law Society of British Columbia. He is also a member of the Canadian Corporate Counsel Association.

About Andrew Cochrane

Andrew Cochrane is Chief Commercial Officer for SBTech, the leading platform solutions provider to the sports betting and iGaming industry. He has worked across retail gaming, iGaming and sports betting sectors and has a proven track record of managing top-tier omni-channel operators in regulated markets. In his role at SBTech, he is responsible for cementing the company’s preeminent position in the industry by defining strategic objectives, identifying opportunities for further growth and maximising revenues across the board, contributing to SBTech’s ongoing global expansion. He is leading SBTech’s U.S. go-to-market strategy.

About Jaka Repanšek (panel moderator)

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. Jaka is an active member of IMGL (Slovenia) and a member of several other domestic and international organizations and is active also as a lecturer in various seminars and conferences.

Browse the official event website for more details: www.ceegc.eu

About the Central and Eastern European Gaming Conference

The Central and Eastern European Gaming Conference and Awards (CEEGC & CEEG Awards) has been launched in 2016 with the aim of bringing together gambling industry professionals, executives, and government representatives.

Every year, +125 like-minded delegates have the opportunity to discuss collaboration opportunities, learn about compliance updates and harvest the tech & marketing related information which is presented by industry leaders from the ever-evolving international gambling industry community.

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.

Register here!

 

About the organizer, European Gaming Media and Events

European Gaming Media and Events is a leading media and boutique event organizer company in Europe and produces the prominent conferences in the region such as:

CEEGC (Central and Eastern European Gaming Conference)

CEEG Awards (Central and Eastern European Gaming Awards)

Prague Gaming Summit

Mare Balticum Gaming Summit

Baltic and Scandinavia Gaming Awards

EGC (European Gaming Congress)

VIGE (Vienna International Gaming Expo)

The live events/conference division is in charge of organizing boutique style executive gaming events that focus on bringing inside information from the top gaming experts in the European Union and beyond.

In short, they cover most areas of Europe with international events that serve the local and global industry, optimize networking opportunities and bring the hottest topics into scope.

The event destinations in 2019 will include a further expansion for the company in their quest to enter the Western European region and bring their expertise to produce local gaming events.

For more details about the calendar, agendas and locations, visit the Live Events/Conferences section on europeangaming.eu

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European Gaming Events in 2020, Sustainability, Gender Diversity and Goals for 2025

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We are announcing major developments and implementations for the upcoming years.

 

We are ready to reveal the calendar of events for 2020 and also some of the major developments we will be implementing in the upcoming years.

The 2020 Calendar

First off, in 2020, we are once again organizing 4 conferences in different regions, each one targeting a different audience and topics.

The already confirmed dates and conferences for which you can already register are:

  • Prague Gaming Summit – 6 March 2020 – Register here
  • MARE BALTICUM Gaming Summit and the Baltic and Scandinavian Gaming Awards – 7 May 2020 – Register here

The confirmed conferences and proposed dates for the second semester are:

  • CEEGC and CEEG Awards Budapest – Proposed date: 29 September 2020 – Pre-Register here
  • European Gaming Congress and the Southern European Gaming Awards – Proposed date: 5 November 2020 – Athens, Greece – Pre-Register here

We are also happy to reveal the plans which include the implementation of measures that will make us further stand out from all gambling industry and non-gambling industry conferences in Europe.

Sustainability

The first measures have been added to have a positive impact on the environment and respect the principles of sustainable development. The action taking is the direct result of a two-year experiment which was observed by our team at European Gaming Media and Events.

Starting with 2019, we have experimented with recycling the badges, lanyards, flyers, magazines and have seen that it was well taken by our delegates. While our conferences are boutique style and are capped at 125-150 delegates, we have managed to save up to 45% from the lanyards which were later washed and cleaned by eco-friendly washing services, then reused at later conferences. We encourage large event organizers to also try and take action as it is certainly a good way of preserving our ecosystem. We are also encouraging sponsors to opt for earth-friendly when it comes to promotional materials.” commented Zoltán Tűndik, Head of Business at European Gaming Media and Events.

While recycling and reusing certain materials at the conferences are important steps towards achieving sustainability, the team is also sending a clear message about how conference organizers can directly impact the conservation of the planet’s ecosystem and biodiversity.

Starting 2018, we have asked the delegates to fill out a field when registering in which they would state their dietary need and we are amazed to see that the choice of plant-based foods has risen with 30% in 2019. While some might argue at this point, but meat-eating is one of the biggest environmental hazards facing our planet. So, for 2020 we decided to go for a fully plant-based menu at all our conferences and we are happy to say that we have the full support of the venues which think that is a great idea and already working on delicious plant-based meals for our delegates to enjoy in Prague, Tallinn, Budapest, and Athens” added Zoltán.

Gender Diversity

In 2020, the programs of the conferences will also embrace the subject of Gender Diversity in the gambling industry and will have special panel discussions in which female leaders and role models are invited to join the evolving conversation of achieving true equality within the sector.

Those interested to join the Gender Diversity panel discussions are invited to send an email to [email protected] in order to be included.

 

Goals for 2025 are HIPTHER

European Gaming Media and Events will join sister brand PICANTE Media and Events under a parent brand which further expands the exposure palette of services the company offers.

The parent brand is titled HIPTHER Agency and starting from November 2019 the platform serves as a gateway for ticket/delegate pass purchasing for events organized under both brands, press release service contracting, outsourcing and more. For more details, visit hipther.agency

Under HIPTHER Agency, we will organize 6 conferences (4 gambling + 2 in tech) in 2020 and the future plans include launching several more in order to reach a minimum of 12 conferences yearly by 2025. Among the future plans, we are also planning expansion into North America and Asia.

With this occasion, we are now offering investment opportunities to those interested in helping us implement further projects that are in the pipeline. For more details contact [email protected]

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CEEGC 2019

Post-Event CEEGC2019 Budapest: Another one for the history books

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CEEGC gets better every year and possibilities for learning and networking are endless!

 

The 4th edition of CEEGC Budapest took place over two weeks ago at luxurious Ritz-Carlton Budapest and we would like to thank all speakers, delegates, guests and last but not least the supporters of the event!

The 2019 edition of the conference recorded 14 sponsors and most of them have already shown interest in the 2020 edition. The big thank you goes to the following supporters of CEEGC Budapest:

We are happy to say that CEEGC Budapest has now truly become the traditional yearly autumn conference and we love seeing the happy faces at the conference. We are also happy about the support we received by the sponsors and I have to tell you that 14 is a pretty high number for a boutique-style conference. This support enables us to further increase the quality of the conference and we will continue to bring this opportunity year by year in Budapest” stated Zoltán Tűndik, Head of Business at European Gaming Media and Events.

You can view the full official image gallery on the following link:

https://www.flickr.com/photos/165468093@N04/albums/72157711142443497

The conference brought together compliance experts, leading gambling industry operators, marketing experts and several service providers from the Central and Eastern European region, the Baltics, the D-A-CH region, but also from several other European regions.

The agenda of the conference included several panel discussions, an exclusive IMGL MasterClass about North America, a unique and informative keynote presentation, a fireside chat and several networking opportunities.

The attending delegates had the unique opportunity to hear the recent updates and enjoy networking sessions with some of the leading names of the industry. You can find the full list of speakers below at the end of this press release!

The audio recordings of the panel discussions are available for European Gaming PREMIUM Members.

During the 4th edition of CEEGC Budapest, attending delegates also had the opportunity to decide the winners in the 20 categories of CEEG Awards 2019 (Central and Eastern European Gaming Awards).

As in earlier years, the winners were announced in the final session of the conference, after the secret vote casted by the attending delegates. You can view the full list of the winners per each category on the following link.

Special thank you goes to the presenters of the awards for their professionalism, Kamila Spalińska (WH Partners – Polish Desk) and Dan Iliovici (ROMBET)

Congratulations to all the winners and the organizers look forward to welcoming you back in 2020!

Make sure to also subscribe to the social media channels of the conference for continuous updates regarding the 2020 event: Facebook, Twitter, LinkedIn, Instagram

The next edition of CEEGC Budapest will be held in September 2020, you can Pre-Register here to get the latest notification about the official date, location, and speaking possibilities.

The team is already working hard on the next events and the look forward to seeing you soon in Milan for the second edition European Gaming Congress!

Here are a few of the testimonials that have left by the attending delegates of the 2019 edition of CEEGC Budapest:

 “We had an excellent time at the CEEGC networking and participating in the payment discussion panel. Not only was it a great chance to catch up with some of the CEE region’s major players, but also to stay on top of such a dynamic region’s evolving trends and developments.”Simon Dorsen, Director of Gaming, OKTO

“CEEGC in Budapest 2019 was my first of hopefully many European Gaming Media events. Combining a balanced and interesting range of topics presented by quality speakers and an excellent networking environment, the organizers did a great job of demonstrating that they know what they are doing to make a great conference.”Jessica Maier, LLM, Partner at MELCHERS law firm

“CEEGC 2019 was a very well organized event that included multiple great panels with some of the industry experts discussing the trends across different markets and gaming verticals. Moreover, this event offered excellent networking opportunities with a wide range of representatives from the industry, including operators, providers, suppliers, and regulatory experts. I will definitely attend next year because events like this one add a lot of value to the work I do at Trustly and allow me to stay up to date with the industry changes but also create new collaborations and partnerships.”Vasilije Lekovic, Director of Gaming Accounts at Trustly

“Thank you very much for inviting me to speak at CEEGC 2019 in Budapest. I speak at a lot of conferences over the years and this was very well done and one of the best. It was well organized, substantive, great venue and excellent networking.”Bill Pascrell, III, Partner at Princeton Public Affairs Group, Inc.

CEEGC is an event every serious gaming and betting industry expert from the region has to add to her/his calendar. With an agenda full of valuable content and many key professionals from the market gathered in one place, it is a conference you cannot miss.” – Jakub Myszkorowski (Chief Commercial Officer at STATSCORE)

For us at Inplaynet, it is important to get the latest information and take the pulse of the whole betting market from other companies. At the conference which European Gaming organizes, we always have the possibility to get a meeting at the meeting. The family atmosphere you create give us the possibility to find and create relationships, while also having the opportunity directly contact, give information and get information for and from the whole market.” – Deniz Yildirim, Co-Founder, and Shareholder at Inplaynet

“The event is a great opportunity to get deep insights about the regulations and the markets in the area.”Domenico Mazzola, Commercial Director at Altenar

“I am very glad that I had the opportunity to be a delegate at CEEGC 2019, already looking forward to 2020 :)”Natalia Černáková, Compliance Officer at SYNOT Games

The lectures and industry insight during the conference were given by:

Dan Iliovici (Vice President at Rombet), Georgi Dimitrov (Legal Counsel / Compliance at EGT Interactive), Jan Řehola (Director at IFGR and Partner at PS Legal), Jaka Repanšek (Media and Gaming Expert), Petrica Soptelea (EEME Senior Sales & Account Manager at Magellan Robotech),  Zlatan Omerspahić (Data Protection Officer at NSoft), Luka Popović (Partner at BDK Advokati), Alex Kornilov (CEO at BETEGY), Gábor Helembai (Senior Associate at Bird & Bird Budapest), Ewa Lejman (Head of Polish Desk at WH Partners), Andrei Andronic (General Counsel at Playson), Domenico Mazzola (Commercial Director at Altenar),  Dr. Alan Littler (Gaming Lawyer at Kalff Katz & Franssen), Robert Dowling (Chief Commercial Officer at Singular), Michele Magro (Chief Counsel – Policy & International Affairs for the Malta Gaming Authority), Hannah Kennish (Legal and Regulatory Affairs Manager at Playtech), Jessica Maier, LLM (Partner at MELCHERS LAW FIRM), Robert Toth (Key Account Manager at Global Bet), Cédric Schlosser (Board Member of the Swiss eSports Federation), Lyubomira Petrova (Chief Marketing Officer at UltraPlay), Oleg Profatylo (Chief Strategy Officer at Digital Choo), Bill Pascrell, III (Partner at Princeton Public Affairs Group, Inc.), Andrew Cochrane (Chief Development Officer at SBTech), Ilkim Hincer (Partner at McCarthy Tetrault), Jeremy Kleiman (Partner at the New Jersey law firm of Saiber LLC), Vasilije Lekovic (Director of Gaming Accounts at Trustly), Simon Dorsen (Director of Gaming at OKTO), and last but not least Max Krupyshev (CEO at CoinsPaid).

Special gratitude is also extended to the panel moderators for keeping the discussions flowing and educative:

Andrius Gabnys (Attorney At Law – Gabnys Law Firm), Joe Ewens (Managing Editor of GamblingCompliance), Dr. Simon Planzer (Partner at PLANZER LAW), Jaka Repanšek (Media and Gaming Expert), and last but not least Tiago Aprigio (CEO at All-in Global)

For further inquiries about the 2020 edition of CEEGC and CEEG Awards, speaking/attending/sponsoring options, make sure to send an e-mail to [email protected] or subscribe to the weekly newsletter on the following link.

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CEEGC 2019

CEEG AWARDS: Magellan Robotech – Stanleybet GROUP WINS “Best Lottery Service Provider”

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CEEG AWARDS: Magellan Robotech – Stanleybet GROUP WINS “Best Lottery Service Provider”
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Great success of Magellan Robotech, the B2B brand of Stanleybet Group, a company that creates gaming solutions for gambles and virtual 3D games, at the fourth edition of the CEEG Awards, among the most important in the industry of the game, held on the 24th of September at the Ritz Carlton Hotel in Budapest. In fact, the brand won the coveted “Best Lottery Service Provider” award, beating fierce competition.

The whole group was enthusiastic, in particular Christian Maglia, the company’s new sales director: «Receiving this award is a source of great pride and satisfaction for us. Magellan Robotech and Stanleybet Group are firmly focused on Central and Eastern Europe. Our presence in Romania, Croatia and soon Serbia, Bulgaria and Poland confirms it. The success of our numerical games and lotteries is confirmed with the CEEG Award “Best Lottery Service Provider”.

After the success in Romania and Croatia, we aim to bring over 80 lotteries available, as well as Keno and Greek Keno also in Africa, Latin America and in the European countries where it will be allowed. I also would like to congratulate – concluded Maglia – with the organizers of the CEEG, in particular Zoltan Tundik, who have shown great professionalism bringing this event dedicated to the Central and Eastern European market to the highest levels in the sector ».

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