Tag Archives: poland

Pinnacle exits Slovenia market ahead of regulatory makeover

Updating its player base, Curacao and Malta-licensed online sports betting operator Pinnacle has informed that it has stopped its services for the market of Slovenia. As of the 3 March, the bookmaker has stopped processing wagers made by Slovenia players, and has moved to refund and close Slovenian customer accounts. Pinnacle has sent out a short communication of its decision to …

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Pinnacle exits Polish sports betting market

Curacao and Malta-licensed online sportsbook Pinnacle has confirmed that it has withdrawn its betting services from the Polish market. The bookmaker updated its customer base on the market withdrawal stating that it wished to comply with new Polish gambling laws approved in December 2016. As a result of its decision, Pinnacle will move to make all Polish registered accounts inactive …

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Betting Gods extends reach with European language versions

Betting Gods - Copyright: convisum / 123RF Stock Photo

Betting Gods has extended its reach in Europe after a successful move into the Maltese sports betting market highlighted a clear demand for expansion. Since launching in Malta in December, Betting Gods has seen a growth in business of 17.27%. The company, which was previously available in English only, has reacted by creating French, German, Italian, Polish, Portuguese and Spanish …

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Fortuna extends shirt sponsorship with Legia Warsaw

Eastern European gambling operator Fortuna Entertainment continues to boost its coverage within football by confirming that it has extended its shirt sponsorship of Polish Ekstraklasa football club Legia Warsaw. Updating the market, Fortuna marketing revealed that following a review of its partnership and brand coverage with Legia, the operator will now extend its official shirt sponsorship for a further three …

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EnergyCasino launches new campaign for Polish market

EnergyCasino has announced the launch of a brand awareness and player acquisition campaign for the Polish market, featuring IFBB pro Robert Burneika. Simona Pinterova, PR Manager at EnergyCasino, explained: “Robert Burneika embodies so much of what the Energy brand is all about; he’s powerful, he’s capable, he delivers, but he doesn’t take himself too seriously. Most importantly, he’s genuine and …

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Core market gains see Olympic Entertainment post 21% group revenue uplift

Driven by growth in its markets of Estonia, Latvia and Lithuania, Tallinn-listed Eastern European gambling operator Olympic Entertainment Group AS (Olympic) expects a 21% uplift in group revenues for its Q3 2016 performance (period ending 30 September). Presenting its Q3 2016 ‘unaudited’ results Olympic governance reports expected group revenues of €45 million (Q3 2015: €37.4 million). The Eastern European gambling …

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RGA urges Poland to rethink turnover tax

Industry body The Remote Gambling Association (RGA) urges the Polish Government to change its online sports betting tax regime to one based on gross profits rather than turnover. The Polish Government adopted a Bill on 19 July to amend the existing online gambling law. Despite the stated objectives, which include reducing the size of the unregulated market, the Bill does …

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Fortuna Entertainment reverses 2015 declines posting strong H1 2016

Updating the market on its H1 2016 interim results (unaudited period ending 30 June), Eastern European gambling operator Fortuna Entertainment Group (Fortuna) has revealed improved corporate results throughout its core metrics. Following a tough FY 2015, in which Fortuna financial performance was impacted by increased tax charges in its markets of Poland, the Czech Republic and Slovakia, the company was …

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William Hill boosts development arm with Grand Parade £13.6 million acquisition

FTSE-listed betting operator William Hill has informed the market that it has agreed to acquire industry software development firm Grand Parade for a reported £13.6 million combined cash and shares deal. Confirming the deal, William Hill governance detailed that it had acquired Grand Parade with a view of bolstering its digital development capabilities as the company continues its corporate focus …

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Poland adds further restrictions to online gambling framework

To the surprise of gambling stakeholders, the Polish government has rejected amendments to liberalise its online gambling framework, instead choosing to add further operator restrictions. With foreign operators expecting Polish regulators to add online casino and poker provisions to its online gambling framework, the Polish Council of Ministers announced that slot games would be restricted to play on state-owned lottery …

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