iGaming Industry
Mare Balticum Gaming Summit 2018, the right time to address the industry in the Baltic and Scandinavian region
The inaugural edition of Mare Balticum (Baltic Sea) Gaming Summit Riga will be held on the 8th of May at Astor Riga in Latvia.
The Baltic and Scandinavian region provide a great wealth of knowledge when it comes to online gambling. The regulations in the region have been carefully adjusted and the current status of the markets show good investment potential. The region is known to adapt quickly to changes and it’s flexible towards involving digital innovations. This is why the Baltic and Scandinavian region is good adopter of quality measurements that insure the online and land based gambling co-exist.
Focus on Latvia
With the recent changes in the licensing fee which came after Latvia’s parliament announced that the license fee for live casino services in the country will now be set at €400,000 ($475,900) per year.
Previously, a variable fee of €11,700 per live casino table per year had been up for discussion, but has now seemingly been discarded in favor of an overall fee.
The fee will be implemented from January 1 and apply to all operators that wish to offer live casino in Latvia.
Sweden
Gaming industry in Sweden will face new legislative conditions, once the draft is approved by the government.
A new framework for the gaming industry in Sweden has been introduced and it could soon end the iGaming monopoly under the control of Svenska Spel. The updated legislation could take effect by 2019 modifying the current regime, although legislators are set to carry out further debates on the issue.
The state-owned gambling operator Svenska Spel accounted 40 percent of the entire market in the first nine months of 2016, and generated more than US$1.7 billion in revenue in the third quarter, 5 percent higher than the previous year. Now the company may share the Swedish market with local and international online gaming operators, as the government would approve the new legislative draft.
Sweden is in the process of revamping its gambling market, which will not only see the likely privatization of Svenska Spel but also the end of its de facto online gambling monopoly. While the new regime won’t take effect until well after next September’s national elections, Lotteriinspektionen has invited would-be online licensees to submit applications for licensure as of July 2018.
Focus on Denmark
Morten Ronde, CEO of the Danish Online Gambling Association (DOGA) and speaker of the Summit, stated earlier in an online interview that when it comes to the Danish gambling market: “The numbers speak for themselves. When the numbers for the online gambling market in Denmark are shown to regulators in other European countries they attract a lot of attention. There is still interest in various European jurisdictions in adopting DK-style regulation.”
The event will also focus on bringing high quality content about the opportunities in Estonia, Lithuania and will also discuss the latest innovations in the technology area of the industry.
The inaugural event will give a good opportunity for international gaming operators and vendors to touch base with the regulators that will be present at the event. The intention and mission of the event is to bring together industry professionals and regulators for the Baltic and Scandinavian region in order to discuss the future of the industry of the region.
Delegate pass price breakdown:
- Early Bird Rate (50% Off): 199 EUR – Sales end on April 20, 2018
- Combo – Early Bird Rate + 2 nights accommodation (60% Off): 449 EUR – Sales end on April 20, 2018
- Advance Rate (40% Off): 238.80 EUR – Sales end on May 4, 2018
- Combo – Advance Rate + 2 nights accommodation (40% Off): 499 EUR – Sales end on May 4, 2018
- Regular Rate (no discount): 398 EUR – Sales end on May 8, 2018
Visit the official website for more details about speakers and agenda: www.marebalticumgaming.com…
The post Mare Balticum Gaming Summit 2018, the right time to address the industry in the Baltic and Scandinavian region appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.
Source: EEGaming.
Bradley Khoury
eCOGRA Approved to Operate in Arizona, Indiana and Panama
eCOGRA, a leading international authority in Testing, Inspection and Certification services for the iGaming industry, has secured new regulatory approvals across three key jurisdictions: Arizona, Indiana and Panama. With these developments, eCOGRA strengthens its position in the U.S. and Latin American markets, offering excellence in compliance through their Quality, Speed, and Service promise.
This strategic expansion allows eCOGRA to conduct independent compliance audits and certification services in each region, addressing the growing demand for rigorous regulatory oversight in the fast-evolving global iGaming industry.
Securing approval in Arizona, where eCOGRA has now been licensed as an Event Wagering Ancillary Supplier, enables the International Testing Laboratory (ITL) to audit event wagering licensees in line with Arizona’s expanding regulatory landscape. Indiana, which introduced online sports betting in September 2019, has authorised eCOGRA to perform regulatory compliance audits, providing licensed operators with crucial assurance in meeting the state’s high standards.
In Panama, the Board of Gaming Control officially recognised eCOGRA as an Authorised Entity for Compliance Certification, specifically for slot machines and gaming software. This endorsement reinforces eCOGRA’s role as a trusted partner for operators seeking to meet stringent regulatory requirements in Latin America’s emerging iGaming sector.
“Our recent approvals in Indiana, Arizona, and Panama underline our dedication to continually expand our offering, to support our growing portfolio of clients with their global growth plans. We are committed to ensuring that we bring the same quality, speed and service that marks us out to both our clients and regulators in these dynamic markets,” said Will Shuckburgh, Group CEO of eCOGRA.
Bradley Khoury, Chief Technology Officer at eCOGRA, said: “Securing licensure as an Event Wagering Ancillary Supplier in Arizona and an Authorised Entity in Panama underscores our dedication to supporting responsible and sustainable iGaming operations. We are committed to driving trust and accountability within the industry by providing compliance solutions that uphold the highest standards.”
BetConstruct
BetConstruct to Showcase Latest Innovations at G2E Las Vegas 2024
BetConstruct, a global leader in the iGaming industry, is going to showcase its cutting-edge solutions at the highly anticipated Global Gaming Expo (G2E), taking place from October 7-10.
As the premier event for the global gaming industry, G2E serves as a hub for innovation, driving growth by bringing together industry professionals from around the world to foster business opportunities.
Taking place at The Venetian Expo in Las Vegas, this all-in-one event features both an education program from October 7-10 and an expansive expo hall running from October 8-10.
BetConstruct’s stand is 5230, where the team will showcase an exciting range of products, including the newly launched the Last Battle, a novel loyalty system that is the byproduct of BetConstruct’s commitment to innovation. The company will also demonstrate its comprehensive Sportsbook and Casino Suite, along with DECA, its next-level decentralised casino platform, and Umbrella, an AI-powered risk management solution. These offerings are designed to meet the needs of a diverse range of operators, ensuring seamless and engaging experiences for players across the regulated market.
Amusnet
Amusnet Sets the Stage for Global Gaming Excellence at G2E Las Vegas
Amusnet has announced its participation in the 23rd edition of G2E Las Vegas (Global Gaming Expo) at The Venetian Expo from October 7-10. As one of the largest expos globally, G2E provides a platform for the company to showcase products across its Online Casino, Live Casino, and Land-based verticals, positioning Amusnet as a prominent all-casino provider in the competitive iGaming industry.
“We are excited to attend G2E Las Vegas 2024 to present our latest online casino portfolio and Type S slot cabinets: our first-ever product series for Land-based casinos, designed to offer a competitive edge by combining Amusnet’s top-notch game portfolio with an immersive player experience. Our focus is on delivering solutions that maximize performance and cater to the evolving needs for both online and land-based casinos,” said Borislav Marinov, Head of Business Development, Land-based, at Amusnet.
Alongside its technical excellence, the premium Type S series showcases the company’s award-winning titles, including 20 Golden Coins, Extra Crown, Fruits & Gold, and Cocktail Rush. It also features Amusnet’s popular four-level bonus game, Jackpot Cards, along with other exciting features like Free Spins, Buy Bonus, Pick Me Bonus, and Symbol Upgrade.
Amusnet will host an activation featuring its premium slot cabinets at the upcoming expo, offering attendees the opportunity to experience the thrill of Type S in real time and win exciting gifts.
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