Russians bet more on International sites than Russian ones

Russian affiliate Bookmaker-Ratings published a user survey in which shows that 14.6% of Russian users are betting on a monthly basis, 42.4% of them bet every week and 35.8% wagered every day. Although 68.2% of these users bet exclusively on Russian-licensed operators and only 8.3% only choose international sites, the average monthly spending with international […]

Russian affiliate Bookmaker-Ratings published a user survey in which shows that 14.6% of Russian users are betting on a monthly basis, 42.4% of them bet every week and 35.8% wagered every day.

Although 68.2% of these users bet exclusively on Russian-licensed operators and only 8.3% only choose international sites, the average monthly spending with international betting sites was 255 EUR, nearly twice the amount that bettors wagered with Russian-licensed sites – 120 EUR.

During this week, the Russian media outlet Kommersant published the results of a Sberbank survey on the nation’s sports bettors. The survey revealed that the overall betting market will grow at an annual rate of 7% per year through 2020. Over this same period of time, the annual growth in Russian-licensed online bookmakers will hit 30%.

Svetlana Sukhanova, Sberbank analyst, said that this online growth will not necessarily come from an increase in the number of bettors but the belief is that Russia’s online bettors will increasingly transfer their wagering from internationally licensed operators to locally licensed sites. 

We will just have to wait and see! 

Betclic Everest Group withdraws from the UK Market

As the cost of operating in the UK has risen significantly in recent years, Betclic has joined the group of companies who decided to leave the very competitive UK online gambling market.  The French online gambling operator announced to affiliates and UK customers that they will be pulling all of their Betclic Group brands – […]

As the cost of operating in the UK has risen significantly in recent years, Betclic has joined the group of companies who decided to leave the very competitive UK online gambling market. 

The French online gambling operator announced to affiliates and UK customers that they will be pulling all of their Betclic Group brands – including Betclic, Everest and Expekt – from the market effective October 31. All customers must withdraw the funds from their accounts until the 6th of December and deposits are no longer possible. 

The operator explained that the reason behind their decision was the “very competitive market” and that their brands have suffered from “low performance”. According to eGaming Review, Betclic’s overall performance is not suffering as the operator’s revenue in the 12 months ending June 30 had risen 27% and earnings were up 39%. 

We will just have to wait and see how many other companies will Brexit before Boris Johnson does.

ReelNRG announces Partnership with SoftGamings

Following the cooperation with BetConstruct, ReelNRG has announced a partnership with SoftGamings, to distribute their catalogue of games over the coming months. The successful slot provider and the leading gaming platform provider will work together to give players an unparalleled experience.  Via their official LinkedIn account, Calvin Kent, CEO at ReelNRG said: “We are very […]

Following the cooperation with BetConstruct, ReelNRG has announced a partnership with SoftGamings, to distribute their catalogue of games over the coming months.

The successful slot provider and the leading gaming platform provider will work together to give players an unparalleled experience. 

Via their official LinkedIn account, Calvin Kent, CEO at ReelNRG said: “We are very excited to launch our slots products through SoftGamings, we see it as a great partnership between our two companies. Our aim is to deliver great content to our partners, and this is a great opportunity for ReelNRG to showcase our portfolio with such a reputable platform.” 

Irina Sazonova, Director of Partnerships at SoftGamings is also delighted to add ReelNRG slots to their platform and added that ReelNRG “games are consistent in high-quality graphics and they boast a great variety of themes, so we are looking forward to seeing their content on our platform and are sure ReelNRG’s slot content will perform well.”

ReelNRG has been dedicated from the very start to deliver high quality casino slots based in London, England. Their promise as a company is to continue delivering profitable games that meet their ‘client’s’ expectations, as well as high entertainment value for their players. 

The team at NetShop ISP is certain of their success and wants to congratulate Calvin Kent and ReelNRG on this new partnership.

Parimatch renews Sponsorship Agreement with APOEL FC

The Parimatch logo will continue to be displayed on APOEL FC’s players’ sports kit as the partners have renewed their sponsorship for the fourth year.  Their prosperous cooperation is not just limited to sports as the international sports betting company and Cyprus’ most successful football team have been working alongside on charitable and community-led initiatives […]

The Parimatch logo will continue to be displayed on APOEL FC’s players’ sports kit as the partners have renewed their sponsorship for the fourth year. 

Their prosperous cooperation is not just limited to sports as the international sports betting company and Cyprus’ most successful football team have been working alongside on charitable and community-led initiatives in Cyprus.

APOEL FC mentioned in a statement that they “are very excited to embark on yet another successful year of what we hope is a long and fruitful partnership with Parimatch. Each year we embark on even more ambitious projects together. The new powerful Parimatch logo, with its electric yellow colour, is proudly displayed on the APOEL jersey as well as on the modern training center, which was named “Parimatch-Archangelos” last year.

Stelios Eleftheriou, CEO of Parimatch Cyprus said: “I am very happy that we are extending the agreement with our strategic partner APOEL for the fourth consecutive year. Parimatch and APOEL have common goals and together, we always fight for victory.

Following its partnership with Conor McGregor and Mike Tyson, NetShop ISP congratulates Parimatch on the renewed Sponsorship and is certain that it will further burst the fighting spirit of the company. 

Bet365 not to be punished for under age bets in Sweden

The Spelinspektionen, Sweden’s gambling regulator, has decided not to punish four of its licensees (Betsson, Bet365, AB Trav Och Galopp (ATG), Spooniker) after concluding that they haven’t actually violated any rules on accepting wagers on matches involving underage athletes. In late April, the Spelinspektionen issued a warning to some of its licensees who had offered […]

The Spelinspektionen, Sweden’s gambling regulator, has decided not to punish four of its licensees (Betsson, Bet365, AB Trav Och Galopp (ATG), Spooniker) after concluding that they haven’t actually violated any rules on accepting wagers on matches involving underage athletes.

In late April, the Spelinspektionen issued a warning to some of its licensees who had offered in-play bets on the performance of individual athletes, among them athletes under the age of 18. A few months later, in July, they lowered the boom on eight licensees, including Bet365’s Hillside Sports offshoot, which was ordered to pay a penalty of SEK10m (1k EUR).

After closer inspection, the regulator announced that since the players involved “were largely over 18 years”, the investigation on the four operators could be dropped. Nevertheless, it’s yet unclear from the regulator’s announcement whether they will continue to conduct investigations on other licensees as warnings were given to four more in August.

The confusion over what is and isn’t permissible convinced Gaming Innovation Group to shut its Swedish-licensed sportsbook in July. In May 2018, Spelinspektionen (under its previous Lotteriinspektionen identity), followed warnings sent to 39 online media outlets to stop running ads for internationally licensed gambling sites within 24 hours or face the consequences. The Swedish media scored a legal victory this week after an appeals court ruled that they didn’t have to pay fines for running ads for unauthorized gambling operators.

MGA Guidelines on the Impact of the UK Exit from the EU

Taking into consideration the UK’s upcoming Exit from the European Union, the Malta Gaming Authority (MGA) is turning its attention on the possible impact and is publishing a guidance note.  The contents of the document relate only to regulatory affairs within the remit of the MGA. Operators should be aware of ulterior consequences resulting from […]

Taking into consideration the UK’s upcoming Exit from the European Union, the Malta Gaming Authority (MGA) is turning its attention on the possible impact and is publishing a guidance note. 

The contents of the document relate only to regulatory affairs within the remit of the MGA. Operators should be aware of ulterior consequences resulting from Brexit, including but not limited to data protection, immigration, employment, duty, and copyright considerations.

As per their official statement, the guidance note is of particular importance to entities established in Malta and operating in the United Kingdom, or entities established in the United Kingdom providing services and supplies within Malta, and it also details transitory measures in place for operators to ensure readiness and avoid regulatory disruption.

Italy’s new Tax Plans on Gamblers Winnings

Last week, the Italian media have announced that in the Italian Goverment’s fiscal budget for 2020 is including a tax rise on large lottery jackpots from 12% to 23%. Gamblers’ winnings under €500 will be taxed with 12%. The new tax regime will be applied to all kinds of gambling, from lotteries to sports bets. […]

Last week, the Italian media have announced that in the Italian Goverment’s fiscal budget for 2020 is including a tax rise on large lottery jackpots from 12% to 23%.

Gamblers’ winnings under €500 will be taxed with 12%. The new tax regime will be applied to all kinds of gambling, from lotteries to sports bets. A variable rate will be escalated along with the value of winnings. The Italian gaming operators are struggling for impact after the proposed further tax increases. 

Laura Castelli, Deputy Minister for the Economy, said last week that the government’s “virtuous” fight against gambling would continue to “move forward, not backwards.”

Giorgio Pastorino, President of local gaming industry association STS, claimed that the plan would benefit only large banks and financial institution.

Pastorino characterized Castelli’s comments as “a lack of competence on the subject.” and wondered if Castelli thought if a punter would be interested in using a card to play a €1 game or make a small wager, while also claiming that operators would be unwilling to accept a card for such a low amount, considering the percentage of each payment stated by the card issuer.

NetShop Internet Services needs Your Vote for Malta Gaming Awards 2019

After winning our very first iGaming Award for “Best iGaming Service Provider 2019” at the CEEGC Awards in Budapest, it’s time to chase our 2nd, prestigious Award in the iGaming Industry. On the 26th of November 2019 will be held the 6th Malta Gaming Awards. These Awards will be a part of one of the […]

After winning our very first iGaming Award for “Best iGaming Service Provider 2019” at the CEEGC Awards in Budapest, it’s time to chase our 2nd, prestigious Award in the iGaming Industry.

On the 26th of November 2019 will be held the 6th Malta Gaming Awards. These Awards will be a part of one of the most prestigious fairs in this sector, the Malta Gaming Week 2019. This year, companies can be nominated in 34 different categories and the nomination procedure is open to the public until October 25th, 2019.

We encourage you to support us and to dedicate less than 2 minutes of your time to Nominate NetShop Internet Services for the Award “Best Hosting Services”.
For your further convenience, we have listed the steps below:

Step 1: Go to https://bit.ly/2njH9Fj 
 
Step 2: Enter your Name and your E-mail address
 
Step 3: Enter the information related to the Company you Nominate (please refer to examples below for your convenience)

• Nominee’s Company: NetShop Internet Services 

• Nominee’s LinkedIn profile / Website: https://www.netshop-isp.com.cy 

• Nomination Criteria: “Best Hosting Services”

• Reason for Nomination: In just 2-3 lines explain why you are voting for us.

Thank you for your support!

NetShop Internet Services is the winner for Best iGaming Service Provider at the CEEG Awards 2019

24th September 2019 – NetShop ISP is announced as the winner in the category Best iGaming Service Provider at the 4th edition of the Central and Eastern European Gaming Awards 2019, which was held on the 24th of September in Budapest, Hungary, Ritz-Carlton Hotel. NetShop ISP has received the most votes and gained first place […]

24th September 2019 – NetShop ISP is announced as the winner in the category Best iGaming Service Provider at the 4th edition of the Central and Eastern European Gaming Awards 2019, which was held on the 24th of September in Budapest, Hungary, Ritz-Carlton Hotel. NetShop ISP has received the most votes and gained first place in two votings, one for shortlisting of the candidates and the final voting during the event. The other competitors in this category were Digital Choo, SoftGamings, All-in Global and Iforium.

This is the first time NetShop ISP was nominated to an iGaming related award and won. NetShop ISP is a leading web hosting & e-Commerce solutions provider in Cyprus. Since 2004, NetShop ISP has been a privately owned and operated company specializing in Internet hosting solutions. From Shared, Virtual and Dedicated servers to Cloud and Server Collocation Solutions. The victory at the CEEG Awards 2019 is the first milestone in expanding the company into the global market and soon the company opens its first Data Center in Los Angeles, USA.

CEEG Awards has been launched in 2016 and aims to reward the hard work of companies (Gaming Software Suppliers, Operators and Service Providers) that are active in the Central and Eastern European region.

CEEG Conference and Awards official website: https://ceegc.eu/

NetShop Internet Services is the winner for Best iGaming Service Provider at the CEEG Awards 2019

NetShop Internet Services is the winner for Best iGaming Service Provider at the CEEG Awards 2019

24th September 2019 – NetShop ISP is announced as the winner in the category Best iGaming Service Provider at the 4th edition of the Central and Eastern European Gaming Awards 2019, which was held on the 24th of September in Budapest, Hungary, Ritz-Carlton Hotel. NetShop ISP has received the most votes and gained first place in two votings, one for shortlisting of the candidates and the final voting during the event. The other competitors in this category were Digital Choo, SoftGamings, All-in Global and Iforium.

This is the first time NetShop ISP was nominated to an iGaming related award and won. NetShop ISP is a leading web hosting & e-Commerce solutions provider in Cyprus. Since 2004, NetShop ISP has been a privately owned and operated company specializing in Internet hosting solutions. From Shared, Virtual and Dedicated servers to Cloud and Server Collocation Solutions. The victory at the CEEG Awards 2019 is the first milestone in expanding the company into the global market and soon the company opens its first Data Center in Los Angeles, USA.

CEEG Awards has been launched in 2016 and aims to reward the hard work of companies (Gaming Software Suppliers, Operators and Service Providers) that are active in the Central and Eastern European region.

CEEG Conference and Awards official website: https://ceegc.eu/

NetShop Internet Services – Proud Sponsor at CEEGC 2019

NetShop ISP will hold the General Sponsor role during the 4th edition of CEEGC (The Central and Eastern European Gaming Conference) which will take place at The Ritz-Carlton Budapest on the 24th of September.  The conference is a unique opportunity for companies and individuals to meet some of the biggest names of the online and […]

NetShop ISP will hold the General Sponsor role during the 4th edition of CEEGC (The Central and Eastern European Gaming Conference) which will take place at The Ritz-Carlton Budapest on the 24th of September. 

The conference is a unique opportunity for companies and individuals to meet some of the biggest names of the online and land-based gambling industry from all around Europe with an emphasis on Central and Eastern Europe, North America, D-A-CH region and the Balkans.

“With so many companies lined up as sponsors for #CEEGC2019, we are honored to welcome @NetshopIsp as General Sponsor in the impressive list of supporting companies” the CEEGC announced via their official Twitter account. 

Kateryna Nechaieva, Sales & Partnerships Executive at NetShop ISP, stated: “This year’s CEEGC iGaming Conference is a milestone for NetShop ISP as it signals the Company’s global expansion worldwide, with key Data Center locations in countries with newly formed iGaming legislation framework. We are excited to Sponsor the CEEGC 2019 and looking forward to share our news with all participants!” 

With more than a decade of presence in the iGaming industry, NetShop ISP is today, one of the most preferred choices for Startups, B2C and B2B Operators, iGaming Suppliers and Payment Providers. NetShop ISP will be present at the CEEGC2019 in Budapest and will have the chance to present the igaming oriented hosting solutions to the participants of the event.

The Company has also been Nominated for the Award of the “Best iGaming Service Provider” at the CEEG Awards 2019.

The EGBA emphasises the need for uniform European Online Gambling Laws

In the wake of a new study presented to the EU Parliament’s Internal Market and Consumer Protection Committee, the European Gaming and Betting Association (EGBA) reiterates the necessity of a single set of online gambling rules on European policy makers.  According to the EGBA, a cross-border regulatory structure on online betting will eventually produce significant […]

In the wake of a new study presented to the EU Parliament’s Internal Market and Consumer Protection Committee, the European Gaming and Betting Association (EGBA) reiterates the necessity of a single set of online gambling rules on European policy makers. 

According to the EGBA, a cross-border regulatory structure on online betting will eventually produce significant savings and would be a significant upgrade on the current system which currently allows each national state to set its own rules. The 28 different sets of gambling policies are considerably different between them and create unnecessary national barriers. 

“Introducing a single set of rules for online betting in the EU makes perfect sense – it would improve the regulation of the sector, save significant money for both consumers and companies and help better protect consumers. That is why EGBA is calling on EU policymakers to ensure that the digital single market benefits the 12 million Europeans who bet online,” reports Maarten Haijer, secretary-general of the EGBA. 

The uniformity of European Online Gambling Laws was also discussed five years ago when the European Commission recommended greater consistency in consumer protection measures for the online gambling industry. During this five year period, their propositions have only been adopted by one EU member state.