Tag Archives: georgia

Winning Post: Ukraine conflict is no localised tragedy…

SBC News Winning Post: Ukraine conflict is no localised tragedy...

As Western governments impose financial sanctions against Russia following its illegal invasion of Ukraine. Regulus Partners outlines far-reaching repercussions for a globalised gambling sector.  Ukraine has a thriving gambling industry, a first-rate gambling services sector, a highly educated population, and relatively transparent governance. Until the last few weeks, it was therefore an attractive country to operate from and in, regulatory …

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PokerStars exit signals mass Georgia withdrawal 

SBC News PokerStars exit signals mass Georgia withdrawal 

PokerStars has notified players and media partners in Georgia, that it will terminate its online gambling services for the CIS nation on 1 March 2022.  The flagship poker subsidiary of Flutter Entertainment, PokerStars has contacted Georgian players informing them to withdraw all account balances by the end of February. In its closing statement, PokerStars outlined that it would honour “customer …

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Winning Post: Appeasement on advertising helps nobody

SBC News Winning Post: Appeasement on advertising helps nobody

Regulus Partners warns that early 2022 regulatory developments have set a dangerous precedent on the future of gambling advertising. Despite visible flaws across multiple jurisdictions, operators should defend their right to advertise rather than face the dire consequences of caving into regulatory appeasement… The New Year has opened with a number of threatened or delivered changes to gambling advertising. Gambling …

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Georgia PM calls for the prohibition of online casino 

SBC News Georgia PM calls for the prohibition of online casino 

Irakli Gharibashvili, Prime Minister of Georgia, has declared that the government will enforce the toughest online casino protections of all Eastern European states.  Yesterday, Gharibashvili instructed the government to adopt a ‘two-phase approach’ to reform Georgia’s gambling laws, enforcing stringent protections that will mirror a near ‘prohibition status’ for online casino. Lasha Khutsishvili Georgia’s Minister of Finance has been instructed …

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Betlive Georgia orders full SIS racing coverage 

SBC News Betlive Georgia orders full SIS racing coverage 

Sports Information Services (SIS) has continued to expand its media and data services internationally as Betlive Georgia becomes the latest client of its ‘24/7 Betting Channel’ for horseracing and greyhounds.  The partnership sees Betlive comprehensively upgrade its daily racing content across its online sportsbook and Georgian retail network, securing live media rights and data from over 30,000 horseracing and 38,000 …

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Europe’s new ‘gambling frontier’ comes under the spotlight at SBC Digital Summit CIS

SBC News Europe's new 'gambling frontier' comes under the spotlight at SBC Digital Summit CIS

The huge potential of the betting and gaming markets in Ukraine, Uzbekistan and Georgia is set to be a central theme of SBC Digital Summit CIS on 4 – 5 November. The virtual conference and exhibition comes as many operators are seeking new opportunities away from the fierce competition in Europe’s established regulated markets, while at the same time some …

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GVC delivers expanded casino suite for Crystalbet Georgia

SBC News GVC delivers expanded casino suite for Crystalbet Georgia

FTSE listed GVC Holdings has moved to quickly revamp its new Georgian online gambling asset Crystalbet, announcing that it has launched its ‘comprehensive suite of casino content’ for its new digital property. Updating stakeholders, GVC’s development team has expanded Crystalbet’s entire casino suite adding +150 games titles, from leading industry suppliers including Yggdrasil, NetEnt and GVC’s in-house games studio. Delivering …

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Adjarabet adopts SBTech solution ahead of Armenia launch

Copyright: bennian / 123RF Stock Photo

Georgia headquartered operator Adjarabet has upgraded to a SBTech powered sportsbook, as the firm plans to extend its reach to a further regulated market. Strengthening its position within its home territory via the SBTech powered betting solution, Adjarabet detailed that it forms “part of an aggressive strategy of consolidating its dominant position in its core market.”   A further enhancement …

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Inaugural SBC Betting Forum provides Georgia market update

Georgia - Copyright: lesniewski / 123RF Stock Photo

Former Adjarabet CMO Lasha Machavariani will provide an overview of gambling in the region of CIS and Georgia, the history behind the regulated market in the region, and an update on the major players and opportunities in the country at next week’s SBC Betting Forum. A long-term ambassador for SBC Global, Machavariani is one of 15 leading industry speakers taking to the stage in the inaugural …

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