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 …
Read More »
Casino games provider Yggdrasil has continued to expand its global footprint after agreeing a deal with Adjarabet, the largest online operator in Georgia. The agreement will see Yggdrasil games made available in the jurisdiction for the first time, while Adjarabet will also gain access to BOOST™, Yggdrasil’s in-game promotional tools which enhance gamification via missions, tournaments and social sharing. Fredrik Elmqvist, CEO at …
Read More »
Updating the market, Georgia legislators have this week announced the launch of tender proposal process from lottery and igaming service providers to run its national lottery provisions. The Georgian government has asked interested parties to submit initial proposals for a ten-year contract, outlining multi-channel lottery services for retail and digital provisions. Detailing initial caveats for its tender process, the Georgian …
Read More »
Vivaro Betting Ltd, the operating company of Vbet has confirmed that it has been approved a UK Gambling Commission (UKGC) ‘UK Remote Operating Licence’. Adhering to UKGC standards and practices, the Vivaro license Vbet brand will be able to legally offer its services to UK betting consumers. Vbet becomes the first BetConstruct powered bookmaker to receive a UK operator …
Read More »
Asian gambling investment firm MelcoLot Ltd has ended its Tbilisi (Georgia) casino project plans. Issuing a short statement leisure operator Melco International Developments (owner of MelcoLot), declared that it had failed to reach terms with land developers Dhabi Group Georgia. “Although every effort has been made to negotiate on the casino lease terms, the parties are unable to reach …
Read More »
Jordan Spieth, Jason Day and Rory McIlroy are the current superstars of world golf. Having collected 5 of the last 8 major championships between them, the trio are expected to dominate again this year. Indeed, Sky Bet came straight in with a special market, offering inflated odds for the new ‘Big 3’ to land all four major titles between them …
Read More »
DraftKings and FanDuel have been dealt another regulatory blow in the US after New York Attorney General Eric Schneiderman sent the two Daily Fantasy Sports (DFS) operators cease-and-desist letters demanding that they stop ‘illegally accepting wagers in New York State’. Schneiderman’s actions come after his office conducted a one-month investigation into DFS which concluded that the daily contests are essentially …
Read More »
Members of the Ukrainian Pariment have discussed details on the latest draft gambling law in the country with members of the industry at the Ukrainian Gaming Congress. Invited members of Verkhovna Rada (Supreme Council) of Ukraine, namely Viktor Romanyuk and Gennadiy Krivosheya presented their draft bill on the state regulation of gambling in the country, which is just one of …
Read More »
European sports betting operator Betsson AB, has confirmed is acquisition of Georgia licensed betting operator Europe-Bet for a purchase price of $50 million (£31 million). Detailing the acquisitions final terms, Betsson AB will pay Europe-Bet holding company Chempionebi an additional sum of $35 million upon completion of one year under its management, provided that Georgian gambling regulations remain unchanged. Should …
Read More »
Julia Salagaeva Head Business Development & Corporate Communications at Connective Games details why operators are focusing on platform flexibility and how this has created a greater scope for new software developers The online gaming industry is going through a significant period of disruption, during which a new wave of software provider is emerging – smaller, technically innovative, flexible, and heavily-client-focused, …
Read More »
SBC News Voice of the Sports Betting Industry