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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 :

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NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

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Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

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2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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