Eastern Europe
MST lands in Romania with fixed-odds turnkey horse racing service from SIS
MST has launched its horse and greyhound racing fixed-odds turnkey solution in the retail network of Romanian operator Excelbet, in partnership with SIS, the leading multi-channel supplier of 24/7 live betting services.
MST will manage the collection of fixed-odds betting on SIS’ international offer, which comprises over 68,000 horse and greyhound races, across 360 Excelbet shops through its proprietary platform HGTS, guaranteeing the live transmission of all races.
SIS’ international racing offering comes from over 170 racecourses, across five continents. The high-quality engaging live action offers Excelbet profitable short-form content throughout the day.
SIS’s 24/7 Live Betting Services are provided as an end-to-end solution including live streamed pictures, data, on-screen graphics with betting triggers, as well as an extensive range of markets and prices.
Hodorogea Cornel, General Manager at Excelbet, said: “We welcome MST as one of our key partners in the process of expansion of Excelbet’s portfolio of betting products. Through our nationwide network of almost 360 betting shops, players all around the country will now be able to find an entire range of new products and player-favorite games, to suit their own preferences.
“At Excelbet, we always strive to maintain the highest level of products and services. Our goal is to become one of the major players in Romania’s gambling market and this partnership with MST furthers that progress.”
Michele Rosi, Head of Operation & Business Development at MST, said: “This is a strategic agreement which, after the long-forced delay of the project due to Covid-19 restrictions, allows MST to make a first step in the emerging and rapidly growing Romanian market. By partnering with one of the major retail operators in Romania, along with leading 24/7 supplier SIS, this deal enables us to take a further step towards expanding MST’s presence within the international market.”
Bartlomiej Michalek, Commercial Manager (UK & Europe) at SIS, said: “Romania is a growing market that has great potential when it comes to the impact of fixed-odds racing and the regular betting opportunities it presents. We are delighted to partner with MST and Excelbet to present to customers in the country our industry-leading offering of horse and greyhound racing from all across the world.”
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Compliance Updates
Romania Bans Gambling Venues in Small Towns and Villages
Romania has announced a ban on gambling venues in small towns and villages with populations of less than 15,000 residents.
What’s known as the “law of slot machines” was passed by deputies in the lower house of parliament. “It is the first law adopted in Parliament in 30 years against this mafia that has controlled the political world until now,” said Alfred Simonis, the leader of the Social Democrats.
“Right now we are fighting an industry that has a total turnover of €10-12 billion.”
Industry figures complain they were not consulted, and hope that the authorities will control the black market as they promised.
Despite the unanimous vote, there was some dissent within the chamber. Two opposition parties that want to ban the “scourge” of gambling outright accuse the government of collusion with the gaming sector for not taking a stronger position.
On another front Ionut Mosteanu, the leader of the opposition USR, questioned how lawmakers had set the threshold.
“They thought that slot machines only damage 15,000 people,” he said. “There was not even a debate to see how many townships qualify for this 15,000. Why not 16, 17, why not two million and you would ban them definitively?”
Gambling venues have become ubiquitous across Romania over the last few decades. The National Gaming Office, the state body that monitors and approves the sector, has registered 12,000 sports betting, bingo, casino, lottery rooms.
The state collects taxes from gambling venue licenses and online ticket sales as from the amount betting houses spend on advertising.
There are no recent data to indicate how many people in Romania are addicted to gambling. The last survey was conducted in 2016, and found that there could be around 100,000 addicted people across the country. The number today could be much higher.
The post Romania Bans Gambling Venues in Small Towns and Villages appeared first on European Gaming Industry News.
Conferences in Europe
Altenar becomes General Sponsor of EEGS 2024
The acclaimed Eastern European Gaming Summit (EEGS) gladly welcomes Altenar, a leading sports betting software provider, as a General Sponsor for this year’s edition of the event. The conference will be held on 27th and 28th of November at the IEC, Sofia, Bulgaria. For another consecutive year Altenar joins the event as a major sponsor with total commitment for fostering innovation and growth in the gaming and entertainment industry, as a whole. This enduring long standing partnership has brought significant mutual benefits and opportunities for both parties and all event participants over the years.
Altenar is delivering best-in-class solutions for licensed operators around the world. Ranging from a standalone sportsbook product to the provision of a turnkey sportsbook solution, Altenar offers proven stability coupled with a flexible and personalised service.
Launched in 2011, Altenar powers hundreds of online sports betting sites, while their self-service betting terminals and mobile app help ensure they meet all operator needs, with an exponentially growing client base in more than 30 countries.
Altenar COO Dinos Stranomitis said: “In Altenar we consider EEGS and BEGE as a key event to establish connection with East and Southeast Europe. Considering that Bulgaria is playing a key role in that region, our presence is a must. See you in Sofia.”
Altenar is an invaluable partner, thus contributing to the success and vibrancy of EEGS itself. The continued support highlights a shared commitment to excellence and progress within the industry, making this year’s event an essential platform for associated industry luminaries and entrepreneurs to explore the latest trends and opportunities in gaming, entertainment and hospitality in general.
The Eastern European Gaming Summit (EEGS), the premier conference of the region, provides a dynamic platform for industry leaders, innovators, and entrepreneurs to connect, collaborate, and explore the latest trends and opportunities shaping the gaming and entertainment landscape.
No doubt you wish to position your company alongside the Conference and exploit our expertise.
The post Altenar becomes General Sponsor of EEGS 2024 appeared first on European Gaming Industry News.
Compliance Updates
Booming Games secures Romanian B2B license
Booming Games, a fast-growing provider of iGaming content, has proudly obtained an Oficiul National Pentru Jocuri De Noroc (ONJN) license, a significant milestone that allows the company to extend its reach across Europe.
Booming Games recently received official confirmation of its B2B gaming license from the Romanian gambling authority (ONJN). With this license in hand, the company is now empowered to supply its content to licensed gambling operators throughout Romania. As a result, Romanian players can look forward to accessing beloved titles like Burning Classics, TNT Bonanza, Cash Pig, Buffalo Hold and Win, and Gold Gold Gold.
Booming Games’ acquisition of the ONJN license represents a strategic move towards expanding its European footprint. This milestone not only solidifies the company’s position as a leading provider of iGaming content but also opens doors to new opportunities in the broader European market. With the Romanian B2B gaming license complementing its existing licenses, Booming Games is well-positioned to continue delivering exceptional gaming experiences to players across Europe.
Frederik Niehusen, Chief Commercial Officer at Booming Games, said: “We’re thrilled to announce that we’ve obtained a full Romanian B2B gaming license. This exciting development allows us to expand our presence in the rapidly growing Romanian market. With this achievement, we’re well-equipped to build on our strengths and enhance our product offerings to better serve the needs of our customers.
The post Booming Games secures Romanian B2B license appeared first on European Gaming Industry News.
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