GiG relaunches online betting and streaming site, Livegoals.com with partner Interamplify

Yesterday's Ukraine’s parliament, the Verkhovna Rada, passed the first reading of a bill aimed at strengthening the state’s oversight over the gambling business. The bill, backed by 272 lawmakers, was introduced in May 2023 and is now one step closer to becoming law, pending a second reading and the president’s signature.

The proposed legislation comes at a time. A petition demanding restrictions on online gambling reached the president’s table in March, reflecting growing societal concern.

The bill proposes significant changes to the current regulatory framework. It suggests abolishing the Commission for Regulation of Gambling and Lotteries and transferring its responsibilities to the Digital Transformation Ministry. This move is expected to streamline the regulatory process and enhance oversight.

The legislation also includes measures to further restrict online gambling games and impose a ban on advertising. It outlines tools to safeguard particularly vulnerable categories of the population and proposes tightening business control measures. These steps are seen as crucial in mitigating the potential harm caused by gambling.

Moreover, the bill provides guidelines and conditions for cancelling licenses and proposes other measures to raise the standards of gambling enterprises. These provisions aim to ensure that businesses operate responsibly and adhere to the highest ethical standards.

The gambling landscape in Ukraine has seen significant changes over the years. Gambling was officially banned in 2009, but it was legalized again in 2020. Despite the controversy surrounding the industry, it has made substantial contributions to the state’s revenue. In the first two months of 2024 alone, the gambling business in Ukraine paid Hr 2.2 billion ($56 million) in taxes, and Hr 10.4 billion ($267 million) in 2023, according to Danylo Hetmantsev, the chairman of the parliamentary Finance Committee.

In a related development, President Volodymyr Zelensky signed a decree on April 20 aimed at counteracting the negative effects of online gambling. The decree bans online gambling for the military until the end of martial law. This move underscores the government’s commitment to addressing the potential harms of gambling and protecting its citizens.

The passage of this bill in the first reading marks a significant step towards a more regulated and responsible gambling environment in Ukraine. As it moves towards the second reading, it will be interesting to see how the proposed changes are received and what impact they will have on the future of gambling in the country.

Gambling regulations differ across countries, with varying degrees of restriction or regulation.

Italy implemented the Decreto Dignità (Dignity Decree) in early 2019, imposing a comprehensive ban on gambling marketing. This action followed a study revealing that 3% of Italians were experiencing gambling-related harm.

In contrast, Germany introduced the State Treaty on Gambling in June 2021, regarded as one of thecountries that recently revised their gambling laws.

Many European countries generally have more lenient casino and gambling laws. However, these laws can also apply to offshore gambling companies that enable customers to interact with overseas gaming firms.

Gambling regulations usually encompass all forms of gambling within a country, such as lotteries, bingo, sports betting, and casino games. They establish taxation rules and consider market development and preferences. As societal needs, community progress, and technological advancements evolve, so do active gambling legislations.

It’s crucial to distinguish between gambling regulations and gambling jurisdictions. Regulations refer to the laws governing gambling within a sovereign state. In contrast, jurisdictions oversee the business operations of the operators within the country issuing licences for global iGaming operations.

's state-owned horse race betting operator, Norsk Rikstoto, reported a 4 percent decrease in gross gaming revenue (GGR) for the year 2023. Despite this decline, the operator managed to contribute NOK516 million (€44.0 million) to Norwegian equestrian sport.  

Turnover from racing products experienced a similar 4 percent decrease, amounting to NOK3.14 billion (€268.8 million). Notably, NOK1.75 billion (€149.8 million) was generated from betting on foreign horse races, highlighting the diverse nature of Norsk Rikstoto's offerings.  

After paying out NOK2.19 billion (187.5 million) in winnings to players, Norsk Rikstoto's GGR stood at NOK952.2 million (€81.5 million), reflecting the overall decline compared to the previous year. Despite this, the operator's net operating income surpassed NOK1.0 billion (€85.6 million), albeit still down by 4 percent year-on-year.  

Norsk Rikstoto emphasized its commitment to responsible gambling and operational efficiency under 's new gambling law. The operator reduced total operating expenses by 6 percent, focusing on cost optimization while maintaining a solid foundation for its operations.  

Despite the revenue decline, Norsk Rikstoto continued its significant contributions to equestrian sport in Norway. The operator paid NOK515.8 million (€44.1 million) to good causes in the sector, reaffirming its commitment to supporting the community and creating positive societal impact.  

In a Gaming Intelligence report, Norsk Rikstoto's managing director, Camilla Garmann, was quoted highlighting the importance of equestrian sport in Norwegian society, emphasizing its role in inclusion, health, and job creation. The operator remains dedicated to supporting equestrian activities and distributing profits to various stakeholders within the industry.  

While facing a revenue decline in 2023, Norsk Rikstoto maintains its focus on responsible gambling, operational efficiency, and supporting Norwegian equestrian sport. Despite challenges, the operator continues to play a vital role in contributing to the welfare of the community and promoting the sport of horse racing in the country.  

Upcoming SiGMA event: SiGMA Asia 2024, 3 – 5 June. Find all the details .

Macau's international visitor arrivals have shown a remarkable recovery, reaching 68.2 percent of 2019 levels in the first quarter of 2024. 584,026 foreign tourists visited during this period, signifying a robust resurgence in tourism activity. 

Data from Macau’s shows that the Philippines emerged as the leading source market for the Special Administrative Region’s (SAR) international visitors, with over 114,000 tourists arriving in the first quarter. This represents a substantial 23.7 percent increase compared to the same period in 2019. The proximity of Macau to Hong Kong may have contributed to this surge, given the significant number of overseas Filipino workers (OFWs) in Hong Kong. 

Visitor numbers from Malaysia, Indonesia, and Thailand have also rebounded significantly, reaching 70.8 percent, 89.2 percent, and 89.2 percent of their respective 2019 levels. This resurgence underscores the gradual recovery of tourism from Southeast Asian countries to Macau. 

However, visitor numbers from Northeast Asian markets, particularly South Korea and Japan, have lagged. Macau received only around half of its pre-COVID levels of Korean visitors and around 40 percent of Japanese visitors in the first quarter of 2024. 

In long-haul markets, visitors from the U.S. have shown a moderate rebound, reaching 66.5 percent of the 2019 first-quarter level. While not as robust as some regional markets, this recovery indicates a gradual resurgence in long-haul tourism to Macau. 

Overall, 's visitor arrivals surged by an impressive 79.4 percent year-on-year in the first quarter of 2024, totalling 8,875,757. This recovery represents 85.7 percent of the figure recorded in the same quarter of 2019, highlighting a significant step towards pre-pandemic tourism levels. 

Upcoming SiGMA event: SiGMA Asia 2024, 3 – 5 June. Find all the details .

SiGMA Americas flawlessly combined luxury with generosity at a fundraising art auction held at the Um Rooftop São Paulo, Brazil. The auction, which took place during SiGMA’s Americas Awards 2024 evening, raised over €14,000 for the SiGMA Foundation’s 2024 global charity projects.

The evening not only honoured industry accomplishments but also demonstrated the power of unity in supporting meaningful initiatives, leaving a lasting impression of compassion and community spirit.

The event received generous support from, a unique iGaming software studio that provides high-quality games to players all over the world and featured a diverse collection of donated artworks from renowned international artists. The enthusiastic crowd engaged in spirited bidding wars, led by the energetic Rick Goddard.

The first artwork to go under the hammer was a painting, measuring 70x70cm, created using acrylic ink on paper. Peter Seychell's piece "Last One Standing" is a captivating abstract painting that blends deep black and vibrant orange hues. The dynamic composition features powerful, jagged brush strokes and soft, billowing washes of acrylic ink, taking viewers on a uniquely emotional and evocative journey.

The second piece to be auctioned off was Edgar Mifsud's artwork 'Mona’s Smile'. The piece draws its inspiration from a recent protest attack on the iconic painting by Leonardo da Vinci, the Mona Lisa. The piece prompts a dialogue on the interplay between historical artworks and modern-day activism, challenging the audience to reflect on the enduring influence of classical art amidst the evolving landscape of contemporary artistic expression.

Next up was The Golden Carnival painting by Derek Mason. The artwork is an oil painting that captures the spirit of Brazil's vibrant carnival. The painting features a woman adorned with a dazzling gold-coloured headdress, which symbolizes the extravagance and beauty of the celebration. The headdress is made of oil paints, gold leaf, and liquid gold, highlighting the wealth of this tradition. The size of the painting is 80x100cm, and it is bidding price started at €500.

The second piece to be won by Focus Gaming News was "Spanish Dancer" by Tommy Zegan. The painting is a vibrant and expressive portrayal of the traditional Flamenco dance. The artwork captures the essence of this highly-expressive Spanish dance form, characterized by hand clapping, percussive footwork, and intricate hand, arm, and body movements. The use of colour, texture, and composition brings to life the energy and emotion of the dance, making it a captivating and visually stunning piece of art.

The final piece was "Cherries", an art piece by Angela Nikolau. It features two three-dimensional cubes with images of red hearts, reminiscent of the hearts suit in a classic deck of playing cards. The artwork also incorporates elements of dice, highlighting the connection to gambling. The silver sheen of the background embodies the glow of victory. The medium used for this piece includes canvas, rhinestones, and oil paints, with a size of 100x100cm.

The SiGMA Foundation was founded in 2019 and is the philanthropic arm of SiGMA Group with a mission to empower underserved individuals and communities around the world through fundraising activities, charity work, education programmes, and skills training. Find out more .

“The SiGMA Foundation provides anyone wanting to get involved with a voice to strive for the voiceless.”

- Keith Marshall, Chief Philanthropy Officer at the SiGMA Foundation.