The European Union (EU) has been urged to improve and align standards and safeguards related to loot boxes’ design features and consumer interactions. The recommendation follows research undertaken by the EU’s committee on ‘Internal Market and Consumer Protection’ (IMCO), which analysed ‘loot boxes in online games’ and ‘their effect on young consumers’. The IMCO report has been described as the …
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Slovakia’s gambling sector has been brought into disrepute, as executives of state-owned lottery operator ‘TIPOS SK’ are investigated on charges of money laundering. On the morning of Tuesday 26 November, officers of Slovak national crime agency NAKA raided the Bratislava headquarters of TIPOS Slovakia, detaining company Chairman Ján Barczi and IT Director Miloš Prelec. Breaking the arrests, Slovak news source …
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Hosting a press conference in Bratislava, Richard Lintner, Director General of Hockey Slovakia, has personally thanked bookmaker Tipsport for its support of the ‘pro-league’ during a crucial transitional period for the sport in Slovakia. Leading Slovak pro-hockey, Lintner announced that Hockey Slovakia had secured its most important commercial partnerships to date. Tipsport would remain as title sponsor of its ‘Slovenská …
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Publishing its Q1 2019 trading statement (period ending 31 March), Toronto TSX-listed The Stars Group Inc details strong progress on its global objectives as an enlarged enterprise. Absorbing the assets of Sky Bet UK and BetEasy Australia, the Stars Group records Q1 2019 corporate revenues of $580 million (Q12018: $392m). “During the quarter, we delivered on key components of our …
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Industry omni-channel software and systems provider NSoft begins 2019 in strong form, securing two new Eastern European managed-trading-services (MTS) betting contracts with CloverBet Romania and Orion Tip Slovakia. Announced this week, NSoft will power CloverBet Romania’s retail network of 50 betting shops with its comprehensive in-play MTS sportsbook solution, delivering over 25,000 live events per month across 20 sports. Commenting …
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The government of Slovakia will move to revamp its national gambling code in 2019, liberalising its market to foreign investment and new incumbents. This week, Slovakia’s Národná (national council) approved multiple provisions of the Ministry of Finance’s legislative policy review of national gambling laws, first presented in May 2018. Awaiting President Andrej Kiska’s to approve the mandate, Slovakia expects to open …
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FTSE gambling technology group Playtech Plc has confirmed that it will expand and upgrade its existing lead supplier relationship with Central and Eastern European (CEE) betting group Fortuna Entertainment Group. Updating the market, Playtech announces that Fortuna has approved the roll-out of its ‘IMS – player management platform’ to be integrated across its properties operating in the markets of …
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Golden Race has backed up a recent bid for global growth, which has seen it gain both a UK supplier licence and associate membership to NASPL in North America, by launching a new website to provide clearer information for prospective customers, partners and media organisations across target territories. Having made its name through a popular range of products across emerging …
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Luxembourg-based private equity firm Novalpina Capital has put forward a bid to acquire Tallinn (Estonia) listed gambling firm Olympic Entertainment Group (OEG) outright. Issuing a market update, Novalpina details that it has placed a €1.90 per share offer for OEG’s enterprise through its investment vehicle Odyssey Europe AS. Offering a 3.3% premium on OEG’s ‘average exchange price’ for the past six …
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FTSE-listed gambling technology supplier Playtech Plc has confirmed that it has expanded its lead systems supplier partnership with Olympic Entertainment Group (OEG), Eastern Europe’s largest gambling operator. Securing a long-term partnership, OEG governance has selected Playtech’s Neon casino management system to deliver on ‘connecting more than 100 casinos in five countries, covering approximately 3,500 electronic gaming machines combined with 150 …
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