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Mare Balticum Gaming Summit 2018, the right time to address the industry in the Baltic and Scandinavian region

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Mare Balticum Gaming Summit 2018 Latvia

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.

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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.

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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.

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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

Register here!

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.

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XT.COM Announces Listing of Zenex

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XT.COM has announced the listing of ZNX (Zenex), an AI-driven payment infrastructure token designed to revolutionize the $107B+ iGaming industry. The ZNX/USDT trading pair will be available in the Innovation Zone (RWA), providing traders with access to a token that brings real-world business utility, enhanced fraud protection, and verifiable revenue-sharing mechanisms to online and land-based gaming operators.

Imagine a payment ecosystem where betting operators no longer need to freeze millions in capital reserves, where players enjoy seamless transactions across continents, and where token holders benefit directly from the growing gaming industry. That’s not a future promise – it’s what Zenex delivers today.

At its core, Zenex solves the gaming industry’s biggest challenge – the massive capital reserves required by traditional payment systems. Through the innovative blockchain and AI infrastructure, gaming operators who hold ZNX can reduce their reserve requirements by up to 30%, instantly freeing up capital for growth and operations.

The Zenex ecosystem combines multiple revenue streams that directly benefit ZNX token holders:

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• Operational Betting Shops: The expanding network of profitable locations across Kenya generates consistent revenue, with systematic buybacks supporting token value.

• Advanced Payment Infrastructure: Already processing millions in monthly transactions, the payment solution helps operators reduce costs while improving transaction efficiency.

• White-Label Gaming Solutions: The proprietary platform powers multiple online casinos and betting operations, generating steady transaction volume.

• Innovative Mini-Games Platform: A suite of engaging games drives player engagement and creates additional revenue streams.

• Premium Card Solution: The upcoming Zenex Card will revolutionize how players access and manage their funds across 150+ countries.

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The Zenex Advantage:

• Systematic Buybacks: A portion of all gaming revenue is used to buy back ZNX tokens, creating sustainable price support.

• Token Utility: Operators holding ZNX benefit from reduced reserve requirements, creating natural demand from the $107 billion iGaming industry.

• Strategic Lock-ups: Smart contract-based locking mechanisms ensure long-term price stability.

• Community Governance: Token holders participate in key decisions about platform development and charity initiatives.

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The post XT.COM Announces Listing of Zenex appeared first on Gaming and Gambling Industry in the Americas.

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Alejandro Navarro

Betski Secures $345,000 in Pre-Seed Funding for First-ever Tokenized Casino Ownership Platform

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Betski is set to launch its online casino ownership platform in Q1 of 2025, enabling users to earn casino profits through digital tokens. The system will allow anyone to receive a share of casino earnings without managing casino operations, marking a new chapter in the multi-billion-dollar iGaming industry. Supported by a $345,000 pre-seed funding round, the platform aims to democratize access to casino earnings and reshape the multi-billion-dollar gaming industry.

Opening Casino Ownership to Everyone

The platform’s tokenization system reshapes traditional casino business rules through an automatic profit-sharing program. Token holders receive a percentage of every bet placed on the platform.

This system eliminates steep entry costs, such as operational expenses, licensing fees, and administrative management. Users can start earning returns without previous casino experience or large capital investments.

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“A small group have exclusively enjoyed casino industry profits until now. Our platform opens these earnings to everyone through our tokenized profit-sharing system, turning users into online casino owners,” said Alejandro Navarro, founder and CEO of Betski.

Direct Profit-Sharing Through Tokens

Through a verified digital system, the ownership program distributes Gross Gaming Revenue (GGR) among token holders. Investors have recognized this potential, contributing $345,000 in pre-seed funding that combines gaming entertainment with digital asset ownership. The platform maintains strict security protocols and automated distribution systems for reliable profit sharing.

“The platform distributes real money to token holders from every bet placed by players. This creates a steady income stream for online casino owners – something the traditional casino structure has never offered,” said Navarro.

Global Growth of Online Casino Ownership

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The platform has attracted 2400 active Discord members and over 20,000 followers on X (formerly Twitter). These early adopters are expected to participate in test runs of the profit-sharing system once it goes live. Over the next 24 months, the platform will roll out first in Latin America, followed by expansion into European and select Asian markets.

Betski offers casino games, live casino experiences, eSports betting, global lotteries, fantasy sports, and traditional sportsbooks. This variety creates multiple revenue streams for online casino owners. Players can access all gaming options through a single interface, which streamlines the betting experience and maximizes potential returns for token holders.

The team has partnered with major payment processors and marketing agencies to support the platform’s global expansion. These collaborations will facilitate smooth transactions and user acquisition across different regions. The platform meets all regulatory requirements in its target markets, certifying long-term stability for token holders.

New Opportunities for Investment

Following the successful pre-seed round, Betski is now opening its seed funding round to welcome additional participants into its casino ownership platform. This investment opportunity enables individuals and entities to join the platform’s growth journey ahead of its official launch in Q1 2025.

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Bradley Khoury

eCOGRA Approved to Operate in Arizona, Indiana and Panama

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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.

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“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.”

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