The Ukraine Gambling Council (UGC) has stood by national gambling and lotteries regulator KRAIL, whose authority has been attacked by MPs and the media. Last week, Mikhail Fedorov, Ukraine’s Minister of Digital Transformation, submitted a request to the Verkhovna Rada calling on MPs to support “the liquidation of KRAIL”, stating that the agency had failed in its duties to protect …
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Anna Vikmane, Director of BETER Live, discusses the company’s response to the war in Ukraine and the work that her team has done to support one another during this difficult time. She highlights some of the difficulties that she, on a personal level, has faced over the last eight months before explaining the reasons why she remains optimistic for the …
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It’s been seven months since the war in Ukraine broke out. In this time, we’ve seen communities across the world come together to show their support for the Ukrainian people – whether that be through displaying the flag on their website, raising funds or stopping business in both Russia and Belarus. On 23 September, Ukraine’s First Lady Olena Zelenska took …
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In the lead interview of the recent SBC Leaders Magazine, Katerina Biloruska – Parimatch Tech’s Co-Founder and Chairwoman of the Parimatch Foundation – shines a spotlight on some of the company’s corporate social responsibility initiatives and the need for wider industry collaboration in the face of adversity. Thanks for speaking with SBC Leaders Magazine! Can you begin by telling us …
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Anton Kuchukhidze, Chairman of the Ukraine Gambling Council (UGC) provides SBC with an update on how a liberalised gambling industry is planning for its future amid the unknown outcomes and consequences of a brutal war… The war launched by Russia against Ukraine has caused grave damage to the national economy. Commercial activity has declined significantly or minimized in all sectors. …
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Anton Kuchukhidze, Chairman of the Ukraine Gambling Council (UGC) has provided an update on Ukrainian gambling developments under the active Russian aggression. Speaking to CIS markets news sources SBCCIS, Kuchukhidze disclosed that regulator the UGC had re-established its regulatory duties five months following Russia’s illegal invasion of Ukraine. UGC oversees a marketplace that has been severely disrupted by the …
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Genius Sports has reaffirmed confidence in achieving its full-year 2022 financial objectives, irrespective of ongoing market headwinds and adjustments. Publishing its Q1 2022 trading update (period ending 31 March), Genius registered corporate revenues of $86 million, up 60% on Q1 2021 comparative results of $54 million and outperforming its ‘expected guidance’ by 10%. Headline growth was attributed to increased demand …
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Further troubles loom in the CIS region as Shavkat Mirziyoyev, President of Uzbekistan, has withdrawn his support for a decree to establish a national framework legalising betting activities. Last week, local media reported that Mirziyoyev would no longer back plans for Uzbekistan to launch its first legislative framework establishing federal laws for ‘sportsbook and sweepstake’ services. Back in December 2019, …
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CIS betting group Parimatch Tech has announced a series of ‘structural changes’ to its executive leadership team that will impact the day-to-day management of its flagship Parimatch subsidiary. Following a strategic review, Parimatch Tech will no longer employ the joint-CEO leadership structure that has overseen its business for the past two years. The decision will see Maksym Liashko, who formerly …
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With a large portion of the BETER team based in Ukraine, it was a top priority for CEO Gal Ehrlich to ensure that his employees were evacuated to safety. Preparations for this evacuation, he told SBC News, began months ago as the company enacted an ‘insurance’ strategy to make sure it was best prepared for any situation. Ehrlich highlighted that …
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