A rise in both online and land-based gambling operations in Southeast Asia, many of which are not legal under local laws, has contributed heavily to criminal activity according to the UN. A UN Human Rights Office (UNHRO) report into human trafficking in the region – specifically looking at Loa, Thailand, Cambodia, Vietnam and the Philippines – estimates that ‘hundreds of …
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Fastex granted initial approval from Dubai’s VARA
Fastex, the Web-3 driven ecosystem from SoftConstruct, has made its first steps towards expanding its presence in the Middle East after receiving initial approval from the Virtual Assets Regulatory Authority of Dubai (VARA). The approval, SoftConstruct explained, marks another milestone for the company as it continues to pursue new opportunities in global markets. Vigen Badalyan, the Co-Founder of Fastex, said: …
Read More »SBC Summit Tbilisi to Explore Dynamics in Black Sea, ,Central Asia, Eastern Europe and Balkans
SBC Summit Tbilisi is poised to present an all-encompassing series of conference sessions that will deeply delve into the boundless opportunities in Georgia and its neighbouring regions, spanning the Black Sea Region, Central Asia, Eastern Europe and the Balkans. As the foremost iGaming and sports betting conference for Georgia and its adjoining areas, SBC Summit Tbilisi is jointly organised by SBC …
Read More »6686 Sport and AS Monaco expand in Asian market in regional deal
6686 Sport has been named the official regional partner of AS Monaco in Asia, covering the next three seasons. The gambling firm will benefit from visibility on LED panels during the Ligue 1 club’s home games that broadcast in Asia. Danny Chen, Brand Manager of 6686 Sport, stated: “We are delighted to announce our thrilling partnership between 6686 Sport and …
Read More »STATSCORE broadens scope of Asian football data
STATSCORE has extended its data coverage of Asian football leagues and competitions. Broadening the scope of football data delivered from venues offered to its partners, the new competitions will be accessible through its ScoutsFeed product, as well as in its live data widgets such as LivematchPro. Michał Kopciński, Product Manager of STATSCORE, said: “At STATSCORE, we are working to continuously …
Read More »Philippines introduces stricter sanctions for offshore gambling firms
The Philippine Amusement and Gaming Corporation (PAGCOR) has introduced an updated regulatory framework for offshore licence holders, ahead of its planned launch of an online casino market next year. New efforts to tighten regulation of offshore companies came into force in July as part of an ‘intensified inter-agency’ campaign against illegal activity linked to such firms, according to the regulator …
Read More »10bet continues local growth strategy with Lamontville Golden Arrows
10bet and Lamontville Golden Arrows have announced a sponsorship agreement which covers both the club’s main and reserve teams over the next three years. The operator’s logo will now be placed on the front of the shirt of the South African football team’s home and away kits. A spokesperson for the club said: “As Lamontville Golden Arrows we are delighted …
Read More »STATSCORE adds Hindi language to seize India potential
Identifying a strong global and regional demand, sports data provider STATSCORE has included Hindi as one of the supported languages for its products and solutions. The firm, based in Poland, aims to address and capitalise on the opportunities posed by including the language into its system, noting the global reach of widely-spoken Hindi. In particular, STATSCORE has highlighted Hindi as …
Read More »Hong Kong government approves HK$12bn football betting tax
The Hong Kong Jockey Club (HKJC) is facing a HK$12bn (£1.2 bn) tax hit after the Legislative Council approved plans for a Special Football Betting Duty (SFBD) lasting for the next five years. Jockey Club officials had objected to the plan to impose a HK$2.4bn a year tax on its football betting operation when it was proposed earlier this year. …
Read More »TotoGaming reveals rebrand and announces Romania expansion
TotoGaming, the long-established Armenian sports betting and igaming operator, has unveiled its new brand identity and announced plans to expand into Romania. The company marked the launch of its new brand logo and slogan – TotoGaming Champion’s Decision – with a spectacular event entitled GenTo., which included a sound, light, and holographic show telling the story of its 19-year history. …
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