Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Compliance Updates

Parimatch Completes the Franchise Withdrawal from Russia on Legal and Technical Levels

Published

on

Reading Time: 2 minutes

 

Any cooperation with Russia is stopped. This is not a rebranding or restyling – Russia is “unplugged” from the Parimatch software and cannot use the Parimatch brand on any platforms and in any format.

As at March 26, after comparing all necessary legal proceedings and technical aspects, the Parimatch franchise left the Russian market for good.

This means that Russia has been banned from using the Parimatch advertising materials, symbols, colours, global ambassadors, and slogans. This also means that using the Parimatch branding is prohibited for all local ambassadors, too. Moreover, Russia has been shut down from all the Parimatch Tech holding’s general and exclusive tech solutions. Thus, the Parimatch platform in Russia is not operational.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Back in February, the Supervisory board of Parimatch Tech holding company decided to withdraw the franchise from Russia because of the full-scale military invasion into Ukraine. The process of brand withdrawal from the market began on March 1, 2022. This was preceded by gathering the necessary set of documents and directing it to the Betring LLC, which used the Parimatch trademark to operate under a franchise deal.

“The war that Russia started against the Ukrainian people and state made it unacceptable for us to use the brand and tech solutions in Russia. We stopped the support of all processes on operational and technical levels, and we withdrew the Parimatch brand. ” — says Roman Syrotian, co-CEO at Parimatch Tech.

“The board’s decision to leave the Russian market was implemented on all levels. From here on out, any presence of the Parimatch brand in Russia will be considered as a violation of the intellectual property. This is not a rebranding or restyling. This is a complete shutdown from the franchise. We have no ties or connections to any further Betring LLC activities.”  — comments Maksym Liashko, co-CEO at Parimatch Tech.

Continue Reading
Advertisement

Brazil

Delasport Launches First Partnership in Brazil

Published

on

delasport-launches-first-partnership-in-brazil

 

Delasport, a global leader in sportsbook and iGaming solutions, launched its first official partnership in Brazil. With this key step, Delasport is expanding its global presence and advancing the Brazilian sports betting landscape with its highly innovative technology and comprehensive player engagement tools.

Following the recent regulatory advancements in Brazil’s gaming sector, Delasport has successfully obtained the necessary certifications to operate in the country. The company’s entry into this high-potential market aligns with its global strategy to provide world-class betting experiences in regulated markets worldwide.

“Brazil represents a key milestone in our global expansion strategy, and we are happy to launch with the first partner and another one on the way, this time with our full solution,” said Unai Concha, Senior Business Director at Delasport. “We are thrilled to bring our premium sportsbook and iGaming solutions to Brazilian operators, empowering them with the best technology available in the industry today.”

Delasport’s offerings in Brazil include:

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
  • A fully managed localized sportsbook platform that is full of innovative features tuned to elevate players’ betting experience
  • AI-driven personalization and engagement tools to optimize player retention
  • Advanced risk management and fraud prevention solutions

Brazil’s regulated sports betting market is expected to experience rapid growth, and Delasport is committed to ensuring a seamless and responsible betting experience for operators and players alike. By leveraging its expertise and innovative solutions, the award-winning B2B supplier aims to play a pivotal role in shaping the future of online gaming in Brazil.

The post Delasport Launches First Partnership in Brazil appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

Compliance Updates

DeWine Proposes Significantly Raising Gaming Tax to Help Fund Ohio Sports Stadiums

Published

on

dewine-proposes-significantly-raising-gaming-tax-to-help-fund-ohio-sports-stadiums

 

Gov. Mike DeWine is proposing to increase Ohio’s sports gaming tax to help pay for major and minor league stadium projects and youth sports programs.

The governor announced the proposal during his press conference on the new budget Monday. The governor’s proposal would raise the tax from 20% to 40%. The governor said the increase would raise up $180 million more per year. The money could be used for professional sports stadium projects and youth sports.

Dave Jenkins, COO of the Haslam Sports Group, released the following statement to the FOX 8 I-TEAM Monday night:

“We appreciate Gov. DeWine’s commitment to looking at creative ways to solve sports facilities development while positively impacting youth sports throughout Ohio. We look forward to learning more about the options this legislation may provide. At the same time, we continue to work with the appropriate stakeholders and other experienced experts to develop alternative funding mechanisms for an enclosed Huntington Bank Field in Brook Park, knowing the importance of not tapping into existing taxpayer funds that go to other pressing community needs. The model we’ve proposed on the state level would leverage only the incremental tax revenues from within the development itself to enable the project. The Brook Park Huntington Bank Field project is more than just a stadium. Combined with the adjacent mixed-use development, which would be enabled by approximately $2B in private investments, this $3B+ economic development project would be among the largest ever in Northeast Ohio. It truly is a generational opportunity to create a robust, revenue-generating district that will bring in new jobs and new visitors to our region and significantly impact our economy.”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The Cleveland Browns plan to build an enclosed stadium with development around it in Brook Park.

“Whole heart of this team”: Browns fans react to Myles Garrett trade request

Meantime, the city of Cleveland is enforcing the so-called Modell Law restricting sports teams from moving. The city has filed a lawsuit in Cuyahoga County Common Pleas Court hoping to keep the Browns playing on the lakefront.

Under the Modell Law, if a pro sports team wants to move, the city must, first, have a chance to find new owners. The Browns, though, are fighting that in federal court asking a judge to rule that law unconstitutional.

The post DeWine Proposes Significantly Raising Gaming Tax to Help Fund Ohio Sports Stadiums appeared first on Gaming and Gambling Industry in the Americas.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Australia

Greens Offer Pathway to Pass Gambling Ad Laws

Published

on

greens-offer-pathway-to-pass-gambling-ad-laws
Reading Time: < 1 minute

 

The Greens have offered the Albanese Government a pragmatic pathway to tackle the harms of gambling advertising with new laws this fortnight.

The Greens have released a letter sent to Communications Minister Michelle Rowland last week in which the party offered Labour a compromise: to ban gambling ads online, ban ads before and after sport and during kids viewing times, and to create a cap of 2 ads per television programme, mirroring the Government’s earlier position.

Greens Communications Spokesperson Senator Sarah Hanson-Young said:

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

“Gambling ad reform is the unfinished business of this parliament. The public want this done before the election and the Government should listen and act.

“We’re offering a pragmatic pathway here and there is just enough time to get it done. On Wednesday, the Senate will debate and vote on the Greens’ bill to ban gambling ads. All sides should back it.

“We will support legislation this week to ban gambling ads online and implement some broadcast restrictions before and after sport and during kids viewing times.

“This offer is consistent with the Albanese Government’s previous promises.

“If the Government is serious about preventing gambling harm and protecting our kids they will jump at this offer.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

“Australians want gambling ads banned and stakeholders are desperate for action.

“The Albanese Government shouldn’t let the perfect be the enemy of the good. The Greens have compromised and Labor should too.

“The Greens will push for a full gambling ad ban in the next parliament but in the meantime we should work together for the sake of our kids and communities.

“Australians lose more to gambling than any other nation than earth and we need our politicians to act.”

The post Greens Offer Pathway to Pass Gambling Ad Laws appeared first on European Gaming Industry News.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Trending