Stake's Latin American Legal and Compliance Director Laura Maria Gomez Betancur recently stated that emerging regulatory markets such as Brazil and Peru need to maintain policy stability, allowing operators more time to adapt and avoid implementing major regulatory changes prematurely. This view was
Recently, an interesting phenomenon has emerged in the Philippines: the online cockfighting platform SGMC (Sabong Grand Master Cup), previously halted by regulatory authorities, has resumed operations under the new name "ICF" (International Cockfight). This situation has attracted the attention of i
The 2025 SBC Summit will be held on September 18 at the Lisbon International Exhibition Center (FIL), and this year's conference will for the first time set up an "Emerging Markets" track, focusing on the latest developments and future trends in the Asian sports betting and online gaming industry. T
Gambling Industry Boosts Tanzanian EconomyThe Tanzanian gambling industry is experiencing unprecedented growth, not only driving record revenues but also creating about 30,000 jobs nationwide. According to data released by the Tanzanian Gambling Board (GBT), gambling tax revenue grew from 1319.9 bil
The online gambling market in Morocco has experienced significant development in recent years, especially driven by technological advancements and increasing user demand. However, the lagging regulatory system and the proliferation of illegal platforms also pose many challenges.Current Market Devel
LuckyBet365 is a rapidly emerging online betting platform in the Asian market in recent years, mainly serving users in Southeast Asia.The platform offers a variety of betting products including sports betting, live casinos, electronic games, and lotteries, with a particular strength in sports event
The European online gambling market is experiencing unprecedented growth. The latest data shows that by 2024, the total revenue of European gambling is expected to reach 137 billion euros, of which online gambling accounts for 40%, about 55 billion euros. This figure represents a 7.84% increase from
Timor-Leste, a young Southeast Asian nation that officially gained independence in 2002, is exploring new paths for economic development in its unique way. Facing a single economic structure heavily reliant on oil revenue, the Timor-Leste government has recently turned its attention to the online ga
Huiwang Guarantee Group (now renamed "Haowang Guarantee") has been established since 2014 and has undergone several business expansions and brand adjustments, becoming one of the influential financial service platforms in Southeast Asia.I. Start-up and Early Development (2014–2020)The predecessor of
The iGaming industry is rapidly expanding globally, with emerging markets playing a key role in the development of this sector. These markets are not yet fully mature, offering significant opportunities for operators willing to tackle the challenges of emerging and evolving areas.They possess variou
India's fantasy sports and sports betting industry is experiencing significant growth, with Indian apps leading the way in this sector. The surge in popularity is not just a flash in the pan, but a major shift driven by increased user engagement, favorable legal rulings, and significant economic co
Despite gambling holding a significant place in Vietnamese culture, the local government has almost banned all forms of gambling over the past decades. Due to the lack of legal options, Vietnamese players often visit overseas online gambling sites. The transaction volume on these sites is estimated
The European Casino Association (ECA) has released a new declaration aimed at addressing regulatory challenges and supporting the EU's policy objectives for 2025-2029.The focus of the declaration is on protecting consumer rights, combating illegal gambling, and promoting economic growth in the legal
The Australian Financial Review says nearly 200 employees have been dismissed since October.Australia.- Tabcorp has reportedly laid off 200 people – 10 per cent of its staff – since the Annual General Meeting in October. The Australian Financial Review has cited a company spokesperson as saying that
Lottoland reports that its global customer base has reached 20 million. This milestone reflects significant growth over the past five years, with the company's customer base doubling from 10 million in 2019. Lottoland is currently active in 15 markets, having added 2.5 million new customers j
During the AGE Lagos 2024 summit, Michele Magro, the chairman of the Malta Esports Association, highlighted the complexities faced by regulators in Africa's burgeoning gaming industry, comparing them to the challenges faced by their American counterparts. Standing on a platform that brought together
