Compliance Updates
Ukrainians lend their support to Parimatch as 25,000-strong petition delivered to President Zelenskyy
The petition is asking the President to order a thorough investigation into the arbitrary sanctions imposed on the company
An official petition requesting President Volodymyr Zelenskyy to review the decision to impose sanctions against Parimatch LLC has garnered over the required 25,000 signatures 14 days ahead of the deadline, as the Ukrainian public rallies behind the Company in its fight to uphold the rule of law in Ukraine and unblock its popular services in the country.
Under Ukrainian law an official petition that gathers 25,000 signatures is referred directly to the President for consideration. President Zelenskyy now has 10 days to act in the case which has become a touchstone issue for tens of thousands of Ukrainians who want to see their country become a successful democracy where the rule of law is firmly established and respected.
Parimatch, a popular international sports betting and online gambling company that provides its services to satisfied customers across three continents, has strong roots in Ukraine where the business originated. It was sanctioned by Ukraine earlier this year and banned from operating in the country for 50 years, which has impacted hundreds of thousands of citizens who can no longer access or retrieve their funds. The ban was the result of a flawed and unfair investigation that falsely claimed the Company was doing business in Russia.
Parimatch has provided expert independent legal opinion that confirms the Company ended its third-party licence agreements with Russian entities in March 2022, immediately after Russia’s illegal invasion of Ukraine. This entailed terminating software and trademark licensing agreements it previously had with a Russian entity. Full information about the sanctions against Parimatch can be found on the website https://justice4business .com/en/ that provides extensive documentation about the unfair sanctions and the Company’s legal position.
Maxym Liashko, Managing Partner of Energame, Parimatch’s management company, said:
“We are Ukrainian patriots. Our fellow countrymen and countrywomen unequivocally agree with that. We have supported our country against Russia’s full-scale invasion from the first day, and immediately moved to terminate any remaining legacy business in the aggressor country. We are confident that Ukraine is on an irreversible road to becoming a democratic European nation where people can live and do business freely, while enjoying the full protection of the law. We trust that our President, a champion of the rule of law and liberal democratic values, will do the right thing and order a review of the unjust sanctions that were imposed on us in a flawed and unfair process.
“We all agree that it is the right and the duty of Ukrainian authorities to sanction entities or individuals that seek to undermine the country. Sanctions are a powerful tool in the fight against the invaders and their supporters. However, mistakes are sometimes made, as happened in the case of Parimatch. A robust review and appeal system is therefore an essential part of any sanctions regime.”
The petition also highlights Parimatch’s support for the Ukrainian army and wider war effort that so far has totalled 547 mln hryvnia ($14 mln) and is still ongoing. As an international company proud of its strong Ukrainian roots, Parimatch will remain an unwavering supporter of Ukrainian sovereignty in the face of Russia’s illegal war of aggression.
RockApp, a leading global media buying agency, proudly announces that it has obtained official licenses in all regulated US states, allowing it to promote iGaming services nationwide, including Colorado, Indiana, Massachusetts, Michigan, New Jersey, Pennsylvania, and West Virginia. With these licenses, RockApp is now authorized to operate in all regulated US states, except for New York. This achievement comes amidst tightening regulatory standards, underscoring the agency’s commitment to compliance and excellence in performance marketing. The move positions RockApp as a trusted partner for iGaming companies looking to expand their reach in one of the world’s largest and fastest-growing markets.
These developments enable the agency to work with prominent industry players, including established American brands, and deliver targeted advertising campaigns with measurable results. By securing a legal presence in all regulated states, RockApp reinforces its reputation as a reliable and professional partner, capable of navigating complex regulatory landscapes.
This milestone is part of RockApp’s broader strategy to strengthen its position as a global leader in the media buying industry. Over the past year, the company has demonstrated impressive growth, achieving a 440% increase in customer acquisition, a 300% boost in turnover, and a record-breaking 4,000 first-time deposits achieved in a single day. These achievements reflect RockApp’s dedication to innovation, strategic planning, and delivering exceptional value to its clients.
“This is a pivotal moment for RockApp,” said Niko Belikov, Founder at RockApp. “Securing licenses in the US not only opens new doors for us but also allows us to bring our expertise in iGaming promotion to a market that values professionalism and results. We’re excited to support our clients as they navigate this dynamic landscape and achieve unparalleled success.”
The post Licenses received: RockApp strengthens its position in the US iGaming market appeared first on Gaming and Gambling Industry in the Americas.
BetConstruct
BetConstruct Becomes the First iGaming Company to Offer Both B2B and B2C Licenses in Canada through Affiliate Entity
BetConstruct, a global pioneer in iGaming and sports betting solutions, has announced a significant milestone in the gaming industry. Through its affiliate entity, BetConstruct has become the first iGaming company authorized to facilitate the issuance of both Business-to-Business (B2B) and Business-to-Consumer (B2C) licenses. This remarkable achievement was made possible by obtaining a direct license authorization from the Tobique First Nation in Canada.
The Tobique First Nation, renowned for its innovative and forward-thinking regulatory approach, has entrusted BetConstruct’s affiliate entity with the authority to oversee applications and facilitate the issuance of licenses from its jurisdiction. This partnership underscores shared values of innovation, transparency, and a commitment to responsible gaming practices.
This historic development places BetConstruct at the forefront of the Canadian iGaming market, redefining the opportunities available to gaming operators. By leveraging its affiliate entity’s licensing capabilities, BetConstruct empowers businesses to navigate a streamlined and transparent regulatory environment, unlocking new opportunities for growth and innovation.
“At BetConstruct, we’ve always strived to push the boundaries of what’s possible in iGaming. This landmark achievement with the Tobique First Nation reflects our unwavering dedication to creating opportunities for our partners while upholding the highest standards of responsibility and integrity in gaming,” said Vigen Badalyan, Co-Founder of BetConstruct.
The issuance of dual licenses under the watchful eye of BetConstruct’s affiliate not only highlights BetConstruct’s commitment to supporting its partners but also reinforces the company’s role as a trusted leader in the global iGaming landscape.
This milestone signals a new era for regulated iGaming, as BetConstruct takes bold steps to establish a robust ecosystem for operators and consumers alike. With its direct license authorization from the Tobique First Nation, BetConstruct is setting a new standard for innovation, consumer protection, and sustainable growth in Canada and beyond.
The post BetConstruct Becomes the First iGaming Company to Offer Both B2B and B2C Licenses in Canada through Affiliate Entity appeared first on Gaming and Gambling Industry in the Americas.
Media Troopers, a leading digital marketing agency specializing in sports betting and iGaming, has marked its two-year anniversary in promoting sports betting in Colorado as a vendor licensed by the state.
Shmulik Segal, CEO of Media Troopers said: “We are very proud of this renewal, as it marks a milestone of two successful years of growth and commitment to the State of Colorado.”
Colorado’s Division of Gaming has renewed Media Troopers’ vendor license, allowing the company to promote sports betting offers for its customers until January 2027.
“Receiving a new license and debuting in a state is always exciting, but it is where the hard work begins,” Segal added. “So I am proud to celebrate two successful years of hard work and dedication in promoting safe and reponsible gaming for our Colorado partners such as BetMGM, bet365, and BetFanatics.”
The post Media Troopers Receives Two-Year Renewal of Colorado Sports Betting License appeared first on Gaming and Gambling Industry in the Americas.
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