Alex Nevsky

Germany Sets Deadline for Licenses

Germany Sets Deadline for Licenses

Alex Nevsky January 25, 2014 09:00:00

41 providers vie for 20 licenses The German gaming regulator has given interested parties until March 14th to submit applications for federal sports betting licenses. It is reported that 41 providers are competing to be awarded 20 licenses. Recent changes to German gambling laws have increased restrictions on the activity, making life harder for providers. […]

Underground Card Room Raided in China

Underground Card Room Raided in China

Alex Nevsky January 24, 2014 15:12:07

In a country with few legal gambling opportunities, gamblers risk punishment and turn to underground card rooms. Police in Kaili city in China’s Guizhou province carried a high-profile raid on an illegal card room earlier this week. 100 people were arrested and roughly RMB 200,000 was confiscated. Each gambler has been order to pay an […]

New Online and Mobile Sportsbook GentingBet Goes Live

New Online and Mobile Sportsbook GentingBet Goes Live

Alex Nevsky January 24, 2014 13:02:18

Guernsey based subsidiary of Genting International, Genting Alderney, has teamed up with sportsbetting platform provider FSB Technology to launch new mobile and online sportsbook. Mobile betting is heating up in the UK, especially where sportsbooks are concerned, and it looks like Genting Alderney is getting in on the party. GentingBet underwent its soft launch back […]

Kyrgyzstan Authorities Are Serious About Eradicating Gambling Outlets

Kyrgyzstan Authorities Are Serious About Eradicating Gambling Outlets

Alex Nevsky January 24, 2014 11:57:35

The war against illegal gambling facilities is raging in Kyrgyzstan, and it looks like the authorities are winning. All forms of gambling have been banned in Kyrgyzstan, when the Kyrgyz gambling laws were rewritten in 2012. Increasing gambling addiction among population was named as one of the main reasons for the ban. Ever since the […]

Georgia is on the Way to Becoming the Caucasus Las Vegas

Georgia is on the Way to Becoming the Caucasus Las Vegas

Alex Nevsky January 23, 2014 10:36:23

The rate at which Georgian gambling business is growing could very well make the country into a Las Vegas of Caucasus. Georgia is living a period of true blossoming in respect to many industries. One of them is gambling and online gambling. They have been promises on behalf of the country’s leaders to heavily develop […]

Armenian Parliament Reveals its Stance on Gambling Establishments

Armenian Parliament Reveals its Stance on Gambling Establishments

Alex Nevsky January 22, 2014 15:08:57

While gambling is developing nicely in Armenia, the Parliament decides to voice its opinion on the business. Armenian gambling industry is enjoying a period of rapid development. The business is governed and regulated by the Ministry of Finance and Economy. The biggest spike in gambling licenses, which were awarded to Armenian operators, happened in 2006-2008 […]

Macau Enjoys Increased Gaming Revenues at the End of 2013

Macau Enjoys Increased Gaming Revenues at the End of 2013

Alex Nevsky January 22, 2014 12:34:46

Figures listed by Macau’s Gaming Inspection and Coordination Bureau (DICJ) show revenue growth in mass market casino gaming, VIP market and ETGs. The former Portuguese colony and the Chinese Special Independent Region of Macau might be one of China’s only jurisdictions that permits gambling, but it certainly gives back to the local economy via Macau […]

Lottery as a Fun Pastime in Moldova

Lottery as a Fun Pastime in Moldova

Alex Nevsky January 21, 2014 12:04:36

To understand the present and the future of the lottery industry we need to take a thorough look into its past Lottery is one of the most popular pastimes for every part of the population worldwide, with over 100 countries hosting their own draws on a weekly or daily basis. The same is true for […]

Azerbaijani Parliament Considers Closing Topaz Sportsbook

Azerbaijani Parliament Considers Closing Topaz Sportsbook

Alex Nevsky January 21, 2014 09:14:09

The future of Topaz, the biggest sports betting operator in Azerbaijan could be in danger, if parliamentary moves against it succeed The biggest sports betting operator in Azerbaijan is Topaz. Apart from providing the country’s population with sports betting offers, the company is actively involved in supporting development of various sports in Azerbaijan. According to […]

32Red Online Casino Scores Another Record Annual Revenue

32Red Online Casino Scores Another Record Annual Revenue

Alex Nevsky January 20, 2014 09:16:42

32Red, online gaming provider will aim at additional growth after it achieved record annual turnover for a fourth consecutive year. The successful company, which has Gibraltar license and operates under British gambling laws, generated total annual revenue of GBP 38.8 million in 2013, which is over 6 million more than the previous year. In general, […]