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Eastern Europe has great potential say gambling consultants

The respected land and online gambling consultancy, Global Betting & Gaming Consultants has issued a new report advising that the emerging gambling markets of Eastern Europe are attracting interest from both land-based and Internet operators and, despite the economic crisis, the region holds interesting potential.
 
The gaming industry as a whole was still showing growth in 2008 in many of the 17 individual gambling markets covered in GBGC’s report, suggesting the Eastern European gambling markets are not yet in recession.
 
The report notes that there is a strong propensity to gamble amongst many populations in Eastern Europe. For example, Croatia has 562 betting shops per million people, four times greater than the UK!
 
Internet gambling is also offering increasing opportunities in Eastern Europe, claims GBGC, with the likes of the Czech Republic, Slovakia, and Slovenia embracing the online gambling revolution by allowing operators other than the state lottery to hold licences. Bulgaria and Croatia are scheduled to follow suit with new legislation later in 2009.
 
"It would seem that the current economic crisis is causing governments to take a fresh look at gambling as a means of generating tax revenues," the report opines. "Membership of the EU has benefited the economies and living standards of many Eastern European countries and operators cannot afford to ignore the opportunities that exist in the region’s respective gambling markets."
 
GBGC has emerged as one of the most credible specialist international gambling consultancies in the world. The company has worked with or supplied information to over 400 clients the majority of whom are 'blue chip' groups.

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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