Connect with us

Gambling

Is the UK Drifting Toward a Two-Speed Gambling Market

Published

on

is-the-uk-drifting-toward-a-two-speed-gambling-market

A Two-Speed Gambling Market: Regulated Stability vs Offshore Agility

It was for a long time that the UK gambling market basically operated as one unit. Within a single regulatory system, licensed operators competed, they were similarly taxed, advertising rules were the same and the supervisory body was the same one. Everything was planned, orderly and centrally controlled. Such unity is becoming less of a feature of the current landscape.

In fact, what we gradually see is not a shrinking but a splitting. On one hand, there is the mainstream that is heavily regulated and compliance intensive. On the other hand, there is an offshore, less regulated, agile, and faster-moving sector that is circumventing the formal licensing boundaries and continues to focus on UK consumers. Both sides exist simultaneously but under very different sets of conditions.

One can visually see this outcome as an ecosystem working at two different speeds.

The Regulated Core: Stability Through Oversight

The mainstay of the gambling industry of the UK is still the licensed operators that are regulated and supervised by the UK Gambling Commission. The regulatory environment is characterized by affordability checks, marketing limitations, higher safety standards and increased reporting requirements. Through these measures, consumers are provided with channels for formal complaints, transparent dispute settlement and well-known brands they can trust.

People always appreciate stability. Institutional investors like clear policies. Payment companies prefer working with licensed businesses. Even if there are advertising constraints, at least everyone knows what the rules are.

However, at the same time, such stability has its limits. Compliance departments grow bigger. Legal consultations make new product rollouts slower. Marketing becomes more cautious. Operational agility narrows.

Rules and regulations serve a very useful purpose of providing order, but they also create barriers.

The Offshore Periphery: Speed and Flexibility

Apart from the regulated core, a separate segment exists which is known for its greater agility. British gambling enthusiasts are the main target of offshore operators who frequently run faster registration processes, provide less regulated promotional offers and give more room for product experimentation. Many even allow customers to open GBP accounts. They have attractive English-language user interfaces and customer support service seems very professional. The main difference is the level of oversight.

Without being subject to the same affordability restrictions or advertising regulations, offshore operators have the advantage of quickly changing bonuses, trying new pricing models, and adding new features without having to go through long approval cycles. At the same time, the use of cryptocurrencies reduces the dependency on traditional banking methods.

They do not have to be big in order to justify doing business at a higher pace. Being quick and nimble thus becomes a weapon in the fight for customers.

Diverging Cost Structures

Compliance as Competitive Variable

UK-licensed gambling products are no longer able to use compliance as a cost advantage to the extent that these operators have understood this. There is an increasing demand for submissions to regulators. Taxation has increased. Investments in technology that promotes safer gambling are being extended. All these costs are then incorporated into the product prices and marketing budgets.

On the other hand, offshore platforms have a much lower level of operational costs as well as other fixed costs such as rents, remodelling heritage properties, and building facilities in luxury resort communities. In other words, they are fundamentally and structurally different. Customer due diligence might still be present but probably is less strict.

As a result, the two play differently with their margins, the bonuses they give to their players, and the contents of their payment structures.

Even if the two operators are catering to the same consumer, they are both under completely different financial constraints.

Product and UX Flexibility

In addition to costs, flexibility is also important. A regulated operator that wants to adjust a single campaign needs to be aware of whether their changes will break the rules. In contrast, offshore competitors have the ability to quickly release new versions. The terms of their wagers might be different the morning after the changes and their cashback programs may be different from week to week.

What it practically means is that outside the regulated environment, the user experience can feel more dynamic. It is this dynamism that appeals most to certain segments of players, especially those who prefer immediacy over scrutiny. The regulator simply cannot keep up with agility.

The Gambling Data Divide: Transparency vs Opacity

Regulated gambling markets have no qualms about publishing their performance data. They even tend to produce their revenue reports, tax payments, and rolling monthly betting statistics for all and sundry to see. A case in point is when the Arizona Department of Gaming releases December sports betting figures. This is a testament to how such transparent reporting works within licensed frameworks.

The availability of data naturally ensures that those who have the responsibility of taking action are held accountable for it.

However, offshore business is almost completely hidden from the view of the public. Details of revenue are basically guessed through estimation using modeling techniques. Traffic patterns become the surrogate for filing reports. Market share is just a matter of inference rather than declaration.

This difference makes it harder to measure things accurately. While channelisation may be very high in the official statistics, the leakages at the margins become almost impossible to measure precisely.

Lack of transparency by itself does not necessarily mean dominance, quite simply it means uncertainty.

Is Segmentation Becoming Structural in Online Igaming?

A market split rarely happens overnight. It is the slow and incremental result of the influence of incentives. Where there is an increase in the friction of compliance in a licensed environment, some player segments that are most affected by such friction start to look for ways around it. Not everyone. Only a few.

Mainstream individuals — casual bettors, people who are risk-averse, and those who appreciate brand trust — are the majority and they stay inside the regulated systems. On the contrary, the offshore market attracts high-frequency players, bonus-sensitive segments, and those who are comfortable with alternative payment methods. So instead of the market disintegrating completely, it just becomes segmented. 

Most UK bettors will stay with licensed brands because they trust them and the payments just work. The leakage tends to come from a narrower crowd – high-frequency players, bonus hunters, and people already showing riskier patterns, because they’re the ones most sensitive to extra steps, limits, and reduced offers. Maybe it is 5% today, but it matters because it’s the part of the market where harm (and spend) can concentrate fastest, says Martin Eriksen, BritishGambler.co.uk, an online igaming affiliate.

Such segmentation transforms the industry’s game to the extent that regulated operators are competing intensely with one another in efforts to attract the compliant mainstream audience while at the same time offshore brands have been successful in attracting small but potentially very valuable niche segments. Two speeds. One consumer base.

Competitive Pressure and Innovation Drift

Flexibility is being rewarded with more innovation. If regulated frameworks become too slow for product experimentation, a creative drive may be manifested in a different place. Lighter oversight becomes the space where new gaming formats, aggressive reward schemes, and payment integration are first introduced.

As a consequence, there can be a difference in the way the two brands are perceived. The regulated ones are seen as safe and reliable. The non-regulated ones are recognized for their promotion and speed.

These two can be regarded as disconnected parallel worlds. Most of the time, they are unaware of each other, but their co-existence is marked by disagreement and competition for users.

Why the UK Still Holds the Core

On the other hand, the regulated sector has significant assets and a solid track record that it can leverage as a weapon. The power of the brand is still very much intact. The trust of consumers in the licensed operators is relatively high. The payment providers and advertising channels continue to be on the side of the regulated operators.

Enforcement actions taken against unlicensed operators are evidence of the regulator’s capacity. Cooperation with Internet Service Providers (ISPs) and payment intermediaries provide additional resources.

The regulated sector is strong and has a core that is not easily destabilized. Its strength lies in its structure.

Nonetheless, being structurally sound is only a necessary condition, not a sufficient one for a sector to dominate a market. The sector must rely on the structure as its competitive edge.

Long-Term Risks of a Two-Speed System

There are more risks involved in a divided market than those arising from revenue shifts alone. Tax leakage becomes harder to track. Influence of regulators over the operating segments existing outside of the formal oversight decays. Within licensed tiers, competitive pressure might lessen if offshore options are able to siphon the high price-elasticity players away.

Meanwhile, licensed operators are completely burdened with the costs of compliance and yet they are still forced to compete with entities that operate with fewer restrictions.

Parallel systems have brought about major imbalances.

Most importantly, imbalances, as they ripple through time, eventually become the major reshapers of the incentive landscape.

Stability Versus Speed

Consumers in regulated markets are inherently desirous of stability as evidenced by their protective frameworks. If consumers know what to expect financially, they have fewer worries. Compliance clarity is a good thing for financial institutions. Public perception looks favorably upon regulated areas.

Still, speed is something that a lot of people find attractive. Opening accounts doesn’t take long. Ads are more lively. There’s less hassle with paperwork. Those who are used to communicating and conducting transactions in the digital age want to be catered to immediately.

Generally, the UK’s dilemma is that of the precarious balance between these two forces. Too much friction and you run the risk of breaking the market into segmented pieces at high speed, and too little oversight will give rise to abuses.

Thus, the adjustment of forces becomes the main subject of strategic consideration.

A Market in Transition

It’s not the UK gambling industry that is breaking up into scattered fragments. It continues to be predominantly regulated, centralized, and monitored. That being said, there is a clear sign of structural divergence.

Locally licensed businesses proceed with caution while their offshore rivals are in a hurry. Consumers however are sandwiched between two forces and they are the ones who have to figure out their way.

Eventually, this gap will continue to expand if the incentives of the economy go each on their own way. One tier is characterized by stability. The other by agility.

If durability is identified with regulation and flexibility is a trait of offshore, equilibrium in the long run will depend upon adaptability of the core that has been licensed.

Generally, markets are not known to operate at a single speed for an indefinite time.

The post Is the UK Drifting Toward a Two-Speed Gambling Market appeared first on Americas iGaming & Sports Betting News.

Apple

Brazil’s regulated betting market faces its most turbulent week since launch

Published

on

brazil’s-regulated-betting-market-faces-its-most-turbulent-week-since-launch

From App Store access to police budget disputes, four developments this week reshaped the regulatory and commercial landscape for licensed operators in Brazil

One in ten Brazilian teenagers bet on licensed platforms in 2025

A study commissioned by identity verification platform Unico and conducted by Ipsos with 1,200 young Brazilians between the ages of 10 and 17 revealed that 11% of that population placed bets on betting platforms during 2025.

The highest concentration occurred in the final four months of the year, when 9% of respondents reported having wagered. The data was first reported by Estadão.

The numbers are concentrated in the older age groups and among male respondents. Among boys aged 16 and 17, 20% said they had placed bets online at some point.

Among girls aged 14 and 15, the figure was 14%, more than three times the rate recorded among girls aged 10 to 13, where 4% reported accessing betting platforms or games such as “tigrinho.”

The findings are significant not because they point to failures in the regulated market, but because they highlight what lies beyond it.

Brazil’s licensed operators have been required since January 2025 to implement real-time facial recognition as part of their Know Your Customer procedures, making it virtually impossible for anyone under 18 to register on an authorised platform.

Pix transactions are restricted to accounts matching the platform registration, closing off the use of parents’ credentials.

Operators found in breach face fines of up to R$2 billion and licence revocation.

Luis Felipe Monteiro, CEO for Latin America at Unico, identified the core vulnerability.

“The main challenge today is that much of the internet still operates under fragile age verification mechanisms, based only on self-declaration.

In practice, clicking a button saying ‘I am over 18’ is enough to access different types of content or services,” he says.

Curiosity was the primary reason cited by young respondents for placing bets, mentioned by 41%.

The prospect of easy money was cited by 34%, while the influence of content creators registered at just 9% , a figure that complicates the prevailing narrative around influencer-driven gambling among minors.

The regulatory framework is tightening further.

Brazil’s Digital Child and Adolescent Statute, in force since March 17, requires digital platforms to implement mechanisms to prevent excessive or compulsive use among young people, a provision that explicitly covers betting and digital gaming.

Apple opens the App Store to licensed betting operators in Brazil

In a development the industry had been pushing for since the regulated market launched, Apple updated its App Store policies on May 8 to allow the distribution of fixed-odds betting applications in Brazil.

The change applies exclusively to operators holding a valid licence issued by the Secretariat of Prizes and Betting of the Ministry of Finance.

The move ends a period in which the iOS ecosystem maintained stricter restrictions for betting apps in the Brazilian market than in comparable regulated markets in Europe.

Those limitations had pushed licensed operators to prioritise mobile web versions and Progressive Web Apps over native applications, a structural disadvantage in a market where smartphones are the primary access point for bettors.

For operators seeking to list their applications, Apple has established a specific review process. Submitting updated app information in App Store Connect without uploading a new version will not trigger a review.

Developers must include Brazilian licence details in the App Review Information section, insert the information in the Notes field and attach supporting documentation confirming operational authorisation.

Applications classified as gambling content must carry an 18+ age rating in Brazil, applied automatically when developers confirm gambling content in the age rating questionnaire.

Apple’s guidelines state that applications must comply with all disclosure and notice requirements under Brazilian law, including age restrictions and gambling risk warnings.

Developers are directed to consult legal counsel on their specific obligations.

The industry’s reading of the update is clear: it represents international recognition of Brazil’s regulatory framework by one of the world’s largest technology companies.

The practical implications extend across commercial strategy.

Mobile already accounts for the dominant share of user access in Brazil, and the availability of native iOS applications opens new possibilities for conversion optimisation, user retention, CRM strategies and push notification campaigns, tools that web-based solutions cannot fully replicate.

The update brings Brazil closer to the operating conditions of established regulated markets in Europe, where licensed operators have long distributed native applications through official mobile ecosystems without restriction.

The full update is available on the Apple Developer News portal.

Brazil’s betting regulator takes the national experience to Bogotá

Daniele Cardoso, Secretary of Prizes and Betting at Brazil’s Ministry of Finance, represented the country at the 10th Ibero-American Gaming Summit, which concluded on May 6 in Bogotá, Colombia.

The event, held under the theme “Latin America: a regulated market driving opportunities,” brought together authorities and representatives from 15 Ibero-American countries alongside global companies and industry associations.

The host institution was Coljuegos, the Colombian gaming regulator linked to the Ministry of Finance and Public Credit.

Cardoso participated in the panel “Regulation and Licensing in Latin America: the stability framework,” where she outlined the trajectory of Brazil’s regulatory process and the challenges of building a framework for a market already in full operation at the time the rules were being written.

She traced the legal foundation from Law 13.756/2018 through to Law 14.790/2023, which established the fixed-odds betting regulatory regime, defining the rules for market entry and permanence, the sanctions process, consumer protection measures and mechanisms to address the negative externalities of the activity.

“Participating in international meetings allows us to learn from the experiences of other countries, exchange good practices and improve legal and technological regulatory tools,” Cardoso said.

“This contributes to a safer, more transparent and better protected environment for the bettor.”

The panel also included:

  • Luis Filipe Coelho, director of the Gaming Regulation and Inspection Service of Portugal;
  • José Luis Pérez, director of Regulation and Registration at Peru’s General Directorate of Casino Games and Slot Machines;
  • Juan Carlos Santaella Marchán, director of Puerto Rico’s Gaming Commission;
  • Maria de Lourdes Ramírez, General Director of Games and Lotteries of Mexico;
  • Marco Emilio Hincapié, president of Coljuegos.

A second panel, focused on responsible gambling as a long-term business sustainability driver, addressed consumer protection as a central pillar of industry operations, with emphasis on the implementation of policies and tools capable of ensuring the viability of the business model while prioritising client protection.

Brazil’s presence in Bogotá reflects the growing weight the country carries in regional regulatory conversations.

With one of the most comprehensive licensing frameworks in Latin America now in its second year of operation, Brazilian regulators are increasingly sought as reference points by counterparts across the region.

Police forces dispute control of betting tax revenues as provisional measure creates internal friction

A provisional measure signed by President Luiz Inácio Lula da Silva in early April has generated significant tension within Brazil’s federal security forces over the distribution of revenues derived from fixed-odds betting taxation.

The measure directs up to R$200 million to the Fund for Equipment and Operationalisation of the Federal Police’s Core Activities, known by its Portuguese acronym Funapol, with the stated objective of covering health benefits for officers across three federal police forces: the Federal Police, the Federal Highway Police and the Federal Penitentiary Police.

The political framing presented the measure as a shared victory for all three forces.

The legal reality is more complicated. Funapol is structurally and exclusively linked to the Federal Police.

The provisional measure contains no legal guarantee that the funds will be distributed proportionally among the three institutions, a gap that has generated sustained concern within the Federal Highway Police and Federal Penitentiary Police, according to CNN Brasil.

The background to the measure matters.

The government had originally pursued a Constitutional Public Security Fund as the vehicle for this funding, but that project stalled in Congress with insufficient time for approval before electoral legislation restrictions came into force.

The provisional measure , which carries immediate legal force, was the alternative solution. It resolved the bureaucratic obstacle without resolving the underlying dispute over distribution.

The model established by the measure provides for the government to transfer, progressively through 2028, up to 3% of total fixed-odds betting tax revenues to Funapol.

With Brazil’s regulated market recording a GGR of R$37 billion in 2025, the potential scale of those transfers is substantial.

Congressional allies of the Federal Highway Police and Federal Penitentiary Police have responded by introducing amendments seeking to broaden the scope of distribution and prevent the Federal Police from being the sole beneficiary.

The dispute has transformed the measure’s passage through Congress into a legislative battleground, with both forces maintaining active lobbying operations in Brasília to secure equal treatment.

For the betting industry, the episode illustrates a dynamic that has become increasingly visible since the market launched: tax revenues from licensed operators are now large enough to attract political competition over their allocation,  a development that underlines both the scale the regulated market has reached and the institutional complexity of managing it.

The post Brazil’s regulated betting market faces its most turbulent week since launch appeared first on Americas iGaming & Sports Betting News.

Continue Reading

Gambling

Who Actually Gambles Online in Poland

Published

on

who-actually-gambles-online-in-poland

Talk to ten people in Warsaw about online gambling and you’ll get ten different reactions. Some shrug it off as a niche hobby. Others swear half their friends bet on football every weekend. The truth, as always, sits somewhere in between — and the data tells a more interesting story than either crowd assumes.

Poland’s online gambling market has grown into one of the most peculiar in Europe. It runs on a state monopoly for casino games, a private licensing system for sports betting, and a stubborn grey market that refuses to disappear. So who is actually placing the bets?

A Market of 20 Million Potential Players

Roughly 20 million Poles take part in some form of gaming entertainment, including both real-money gambling and free-to-play games. That’s a huge slice of a country with just over 38 million people.

The gender split across the broader gaming audience is more even than most assume — roughly 53% male and 47% female. But once you zoom in on real-money online casino and sportsbook play, the picture skews heavily male, particularly in the 25-to-44 age bracket.

The Polish iGaming sector, including casino, sports betting, and lottery, was valued at around PLN 12 billion in 2025, with the casino games segment projected to grow at a compound annual rate of roughly 7% through 2029.

The Core Demographic

Polish researchers have studied online gambling habits for years, and the consistent finding is that e-gambling skews younger than offline gambling. A peer-reviewed study published in the International Journal of Environmental Research and Public Health identified gender, age, city size, education, and income as significant predictors of online gambling involvement — with men, younger people, and lower-income groups overrepresented.

Mobile is the dominant device. Across Europe, mobile is projected to handle about 58% of online gambling revenue, climbing toward 67% by 2029, according to data from the European Gaming and Betting Association. Poland sits firmly inside that trend.

What Polish Players Actually Play

Lotteries top the list, followed closely by sports betting and, more recently, e-sports and virtual sports wagering. Sports betting is the heartbeat of the legal private market. Around nine private operators currently hold licenses to offer online sports betting, and football dominates the wagering volume.

Online casino is a different story. There is exactly one legal online casino in the country: Total Casino, operated by the state-owned Totalizator Sportowy. Everything else falls into either the offshore grey market or outright illegal territory.

Why Players Look Beyond the Domestic Market

Despite the state monopoly on casino games, Polish players have never stopped exploring alternatives — and many of those alternatives are perfectly legal casino operators licensed elsewhere in the European Union. Under EU principles of free movement of services, Polish-speaking players regularly research casinos licensed in Malta, Estonia, and other EU jurisdictions that hold valid European gambling licenses.

According to the Ministry of Finance, the share of online activity outside the Polish licensing system dropped from 79.7% in 2016 to 29.1% in 2023, with the decline continuing into 2024. Even so, demand for information about EU-licensed alternatives remains strong, and resources like Kasynoonline reflect that interest among Polish-speaking audiences researching their online casino options across the European market.

The reasons players look at EU-licensed platforms haven’t changed much over the years: a wider variety of games, better return-to-player rates, more competitive bonus offers, and the simple fact that Total Casino is one operator in a single-provider domestic market. Players licensed and regulated in Malta, for example, fall under the Malta Gaming Authority — one of the most established gambling regulators in Europe.

Why Poles Gamble Online

Motivations vary by vertical. For sports betting, around 52% of Polish bettors cite the desire to win money as their primary driver — a higher financial-motivation share than in many Western European markets. Online casino players cite different reasons: convenience, game variety, and privacy. With only around 50 land-based casinos in the entire country, online is the only realistic option for many Poles outside major cities.

Not all engagement is healthy. A representative survey of 2,000 Polish adults found that 26.8% of e-gamblers showed signs consistent with problem gambling under the BBGS scale — significantly higher than among gamblers generally.

Age Trends

Globally, the 18-to-24 age group is the fastest-growing online gambling demographic. Poland mirrors that trend. Younger players are more comfortable with offshore platforms, more likely to use crypto deposits, and far more likely to bet on e-sports.

That said, the most lucrative cohort remains the 25-to-44 segment. These players have disposable income, established habits, and tend to wager larger amounts. They’re also more likely to juggle multiple platforms — a legal sports betting account for football, perhaps, alongside an offshore site for slots.

Regulation and the Road Ahead

The market is governed by the Gambling Act of 19 November 2009. Sports betting operators face a 12% turnover tax— one of the highest in Europe — which critics argue is the single biggest factor pushing players offshore. There’s an active discussion about shifting to a gross gaming revenue (GGR) model that would align Poland with most of the EU.

For broader context, Gaming Americas has covered the patchwork of online gambling regulations across Europe and the very different approaches taken by Germany, France, and the UK.

What This Means

Poland presents a familiar paradox: enormous untapped demand sitting next to a regulatory framework that doesn’t quite let the market breathe. The country has the players, the digital infrastructure, and the disposable income. What it doesn’t yet have is a competitive licensing system for online casino games.

The core picture is clear: this is a market dominated by men aged 25 to 44, played mostly on smartphones, motivated heavily by money, and shaped at every turn by a regulatory system still catching up with its players.

The post Who Actually Gambles Online in Poland appeared first on Americas iGaming & Sports Betting News.

Continue Reading

BetMGM

BetMGM Named US Home of Gold Blitz™ by Games Global

Published

on

betmgm-named-us-home-of-gold-blitz-by-games-global

Games Global has named BetMGM the official “home of Gold Blitz™ in the US, with BetMGM Casino and Borgata Online Casino set to debut new titles from the popular franchise ahead of a wider market rollout.

As part of the agreement, BetMGM players will benefit from early access to upcoming Gold Blitz™ releases, allowing them to experience the latest gameplay features and innovations before they are introduced across the broader US market.

The partnership builds on the continued success of the Gold Blitz™ franchise, which has become one of Games Global’s most recognisable and high-performing mechanics.

Leading the rollout, BetMGM will be the first US operator to launch Gold Blitz Express™, the fourth instalment in the series. The new title introduces the Blitz Express feature, further enhancing gameplay depth and win potential. Additional releases, including Blazing Bison Gold Blitz Ultimate Double X, are scheduled to follow, reinforcing the ongoing expansion of the franchise.

Globally, Gold Blitz™ has delivered strong results, consistently ranking among Games Global’s top-performing game families and attracting over one million active players in 2025 across partner operators.

The agreement further strengthens the relationship between Games Global and BetMGM, supporting the operator’s efforts to drive player engagement across regulated US markets.

Joann Pierce, Chief Commercial Officer US at Games Global, said:
“Gold Blitz™ has become a cornerstone of our portfolio, delivering strong performance across multiple markets. Partnering with BetMGM to bring new releases to players first reflects our shared commitment to premium, engaging content. Early access initiatives like this allow us to showcase innovation while supporting our partners’ growth.”

Oliver Bartlett, Senior Vice President of Gaming at BetMGM, added:
“We’re committed to delivering top-tier gaming experiences, and Gold Blitz™ represents one of the most exciting game families in the market. Being first to launch these new titles ensures our players enjoy cutting-edge gameplay ahead of the wider industry.”

Responsible Gaming:
If you or someone you know has a gambling problem, support is available. In the US, call 1-800-GAMBLER or 1-800-MY-RESET, or visit BetMGM.com for full terms and eligibility requirements. 21+ only. Please gamble responsibly.

The post BetMGM Named US Home of Gold Blitz™ by Games Global appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania