Portugal’s online gambling industry witnessed extraordinary growth in the final quarter of 2024, with revenues surging to an unprecedented €323 million (Rs. 2,856 crore). The remarkable increase, fueled primarily by a rapidly expanding sports betting sector, represents a 42% rise compared to the same quarter the previous year and eclipses the previous quarterly record by over 21%. Online casino gaming, while also performing strongly, was outpaced by sports betting, underscoring the shifting consumer preferences toward sports-related wagering.

MeridianBet has received regulatory approval from the Lagos State Lotteries and Gaming Authority (LSLGA) to supply its B2B services in Nigeria. This milestone marks a significant expansion for the Golden Matrix Group subsidiary, which has been active in Africa’s gaming industry for over two decades. The approval allows MeridianBet to offer its technology and betting solutions to Nigerian operators through its newly licensed local entity, Masterlive Network Limited.

Stakelogic, a leading provider of online casino and live dealer content, has strengthened its presence in the Swiss gaming market by launching a branded live dealer 7-seat Blackjack table at Jackpot.ch. The collaboration with Grand Casino Baden’s online platform marks a strategic expansion for Stakelogic, integrating its Chromakey live casino technology through Gamanza. This move not only enhances Jackpot.ch’s live gaming offerings but also reinforces Stakelogic’s reputation as a market leader in premium live dealer solutions.

The European Union has announced a set of countermeasures against US imports in response to the Biden administration’s recent tariffs on steel, aluminum, and derivative products. After Canada, China and Mexico, US President Donald Trump is facing stiff reaction from European Union as well. The decision, spearheaded by European Commission President Ursula von der Leyen, aims to counterbalance the €26 billion in economic impact resulting from Washington’s trade restrictions.

Swintt, a rapidly growing game content provider, has appointed Anthony Dalla-Giacoma as its new Chief Commercial Officer (CCO). With over 15 years of experience in the gaming industry, Dalla-Giacoma brings a wealth of expertise from his previous roles at Quickspin and NetEnt, where he played a pivotal role in scaling operations and driving commercial success. His appointment comes at a crucial time as Swintt embarks on an aggressive international expansion strategy, with planned market entries into Italy and Switzerland.

Since joining the European Union (EU) in 2007, Bulgaria has made significant progress in economic stability, trade, infrastructure, and governance. However, the country continues to face challenges in economic convergence, demographic decline, governance reforms, and energy transition.

Since joining the European Union (EU) in 2007, Bulgaria has undergone a significant transformation in trade and market integration. As part of the EU’s single market, Bulgaria benefits from tariff-free trade, expanded export opportunities, and increased foreign investment.

Since Bulgaria joined the European Union (EU) in 2007, infrastructure development has been a key area of investment and transformation. The country has benefited from billions in EU structural and cohesion funds, which have been used to improve transport networks, urban development, digital infrastructure, and energy systems.

Since joining the European Union (EU) in 2007, Bulgaria has had an important role in regional politics and EU decision-making. However, compared to more influential Eastern European nations like Poland, Hungary, and Romania, Bulgaria’s political voice in the EU has remained relatively muted.

When Bulgaria joined the European Union (EU) in 2007, one of the core expectations was that membership would drive significant improvements in governance, the rule of law, and anti-corruption measures. EU accession came with strict conditions, including judicial reforms and increased transparency in government institutions.