Sports betting is back in Albania after a five-year absence since a ruling took it out of the market in 2018. The ban of regulated gambling, with the exception of state-sanctioned casinos, was signed into law by Prime Minister Edi Rama and his Socialist Party five years ago with the aim to put the brakes on Albanian organised crime. However, …
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Albania is making progress on ending its five-year prohibition on sports betting and gambling as a ‘draft law’ is placed under review by the government of the Balkans nation. Since 2018, Albania has outlawed gambling except within state-sanctioned casinos. However, at the close of 2022, Prime Minister Edi Rama announced that the prohibition would be lifted as its measures had …
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The government of Albania will seek to relaunch the Balkan nation’s sports betting marketplace by 1 January 2023. Sports betting was prohibited in 2018 alongside casino and online gambling, a decision sanctioned by Albanian Prime Minister Edi Rama as a youth protection and anti-corruption measure. This summer, Balkan news sources reported that Rama was considering suspending gambling’s prohibition to generate …
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Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. UK: Politics – Budget Day to bring tricks not treats The pumpkins are out, fake cobweb and plastic skeletons adorn the pubs – but Halloween may come early for gambling operators with …
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The governance of gambling technology provider Novomatic Group (Novomatic) has confirmed that it has completed its acquisition of the Albanian National Lottery, strengthening the firm’s footprint within Eastern European gambling markets. The deal sees Novomatic take over Albanian Lottery asset ‘Lotaria Kombëtare’ which was granted a 10-year license in 2012 for the provision of lottery services to Albanian consumers. Novomatic …
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Speaking to Bloomberg News Ladbrokes CEO Jim Mullen has detailed that his firm stands to lose £1 million per England win during Euro 2016 opening half (France June 10 – 10 July). Gearing up for a crucial period in bookmakers’ calendars, Mullen stated that England winning the Euro 2016 tournament would pose ‘the biggest single risk’ to Ladbrokes financial year …
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