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Special panel discussion focusing on the Ukrainian gambling industry at #EGC2020VE

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Highly informative panel discussion about the Ukrainian gambling industry has been added to the agenda at European Gaming Congress VE (Virtual Edition).

Little over 2 months ago, the Ukrainian gambling industry had a landmark moment for both the international betting industry and for liberalizing the economy.

We’re currently seeing history in the making. In short, the Ukrainian gambling industry is coming back. While gambling peaked at almost $1.4 billion in revenue in 2008, the state monopolized the market into lotteries in 2009, making it the only legal form of gambling – and prohibiting anything else” were the words of Vladimir Malakchi, CBDO at Evoplay Entertainment, in a recent interview (read in full here)

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Ukraine’s new gambling legislation would allow the functioning of ground casinos in five-star hotels in the capital city of Kyiv and four-star hotels in regions. The license fee for Kyiv would be $ 2 million for hotels with a capacity of more than 150 rooms and $ 1 million for hotels with a capacity of over 100 rooms but less than 150 rooms.

All-star hotels above three stars can host slot machine facility. The license fee for slot machines would be $ 250000 and $ 100 per month for each slot machine. The facilities can use 50-250 machines with a single license.

Online casinos too will be permitted. The license fee would be $ 230000 or $ 1.150 million for 5 years for one website.

Both online and offline bookmaking activities also will get the nod. The license will cost $ 1 million a year plus $ 500 per month.

As with every newly regulated market, there is information that needs to be digested and this is why we have decided to include a special dedicated panel about the Ukrainian gambling industry at the upcoming European Gaming Congress.

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The virtual edition of European Gaming Congress 2020 is taking place between 6-7 October and gathers top names of the gaming industry who will present their insights to create Europe’s largest gaming compliance gathering.

THE EASY AND FREE REGISTRATION PROCESS IS SPONSORED BY ALTENAR AND YOU CAN REGISTER FOR FREE HERE NOW!

The conference covers +28 jurisdictions and as mentioned above, Ukraine is among them with a dedicated panel.

During the “GAMING REPORT: UKRAINE SPECIAL” panel discussion, you have the opportunity to hear more about how to apply for a license, what are the insights about the market, and more by the panelists under the moderation of Andrius Gabnys (Attorney At Law – Gabnys Law Firm).

The panel will be joined Ievgeniia Derbal (Chief Legal Officer at Parimatch), Vladimir Malakchi (CBDO at Evoplay Entertainment), Sergii Romanenko (Chief Operating Officer at GGPokerok.com), Dainis Niedra (Managing Director Central & Eastern Europe at Enlabs), and Artem Kuzmenko, MBA (Partner at ETERNA LAW).

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You can find more details about the speakers’ and moderator bios below.

AS MENTIONED ABOVE THE EASY AND FREE REGISTRATION PROCESS IS SPONSORED BY ALTENAR AND YOU CAN REGISTER HERE NOW!

You can find more details about the Agenda here or you can register here!

For further inquiries about the speaking/sponsoring options, make sure to send an e-mail to Andrada Marginean (B2B Sales Executive at Hipther Agency) or subscribe to the weekly newsletter on the following link.

For media-related inquiries, please contact Alexandru Marginean (Marketing Specialist at Hipther Agency).

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Ievgeniia Derbal – Chief Legal Officer at Parimatch

Evgenia is Head of Legal for Parimatch, and is responsible for the coordination of the legal function at Parimatch Holding. Evgenia is based at Parimatch’s head office in Cyprus, and is responsible for corporate structuring, tax planning, building commodity – cash flows, protecting the intellectual property of the Holding and coordinating with legal teams at local offices.

Evgenia’s expertise is in gambling taxation, intellectual property rights, and regulatory compliance. For seven years, she led Konnov and Sozanovsky’s tax practice and most recently, was Head of Legal at Media Group FILM.UA, where she was responsible for building and coordinating a team of 20 lawyers.

Evgenia has experience in the development of legislative and regulatory acts and has participated in public councils. Evgenia has diplomas in law and economics from the International Science and Technology University in Kiev.

A keen sportswoman, Evgenia enjoys skiing, snowboarding, wakeboarding, surfing, and windsurfing. She loves to travel, and spend as much time as possible with her family and two-year-old son.

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Vladimir Malakchi – CBDO at Evoplay Entertainment

Heading up Evoplay Entertainment’s rapidly expanding global presence, Vladimir Malakchi has been key to the studio’s outstanding success in 2020 as it continues to go from strength-to-strength as one of the industry’s most revolutionary suppliers.

A start-up entrepreneur at heart, Malakchi has brought a wealth of experience to Evoplay Entertainment since joining the company earlier this year, having successfully scaled multiple early-stage companies across the tech space, including one of the world’s top five blockchain developers.

Ready to offer his insights on all things global and Ukraine, he holds an extensive track record across the country’s venture capital and investment environment, having guided multiple firm through the product development and strategic development process – raising in excess of $60 million.

Sergii Romanenko – Chief Operating Officer at GGPokerok.com

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He has been in the gambling & casinos industry, holding several operations and management positions since 2002. He focuses on the day-to-day administration and operation of the business and also responsible for product development. Now, Sergii helps GGNetwork, the world’s largest poker network, developing its business in Eastern Europe.

Dainis Niedra – Managing Director Central & Eastern Europe at Enlabs

15 years of international experience in the B2C gambling/gaming in Baltics and CIS countries. Now is a Managing Director for Central and Eastern Europe for the Baltics’ biggest online gaming operator Enlabs.

Artem Kuzmenko, MBA – Partner at ETERNA LAW

Mr. Kuzmenko has over 10 years of experience in the practice of corporate law and M&A, specializes in advising national and international companies.

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He is a member of the working group of the Law on Legalization of Gambling Business in Ukraine.

Mr. Kuzmenko has extensive experience in corporate, commercial and regulatory matters related to the activities of companies in the food industry, telecom, pharmaceuticals, retail and financial services, IT, manufacturing companies. He has a broad experience in establishment and liquidation of the companies. He participated in international projects, provided corporate projects and M&A transactions, was responsible for project management, legal support at all stages, including preparation of project documentation and contracts, advising on corporate structure, support and legal support of the work of the food industry, metallurgy, mining companies and agricultural companies.

Mr. Kuzmenko was involved in the organization of the ‘due diligence’ and ‘vendor due diligence’ checks, as well as consulting in the field of real estate.

Prior to joining in ETERNA LAW Mr. Kuzmenko worked in “Prime” law firm.

Andrius Gabnys – Attorney At Law – Gabnys Law Firm

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Andrius Gabnys is an attorney-at-law and a managing partner at Gabnys Law Firm, a legal boutique based in Vilnius, Lithuania, and Tallinn, Estonia. The Firm specializes in entertainment (gambling, media, arts) and technology (IT, cybersecurity) legal aspects. Andrius Gabnys has been working in the online gambling sector for over 10 years and focuses on the multijurisdictional licensing, IP and related matters. He has extensive experience dealing with the gambling authorities in Europe, CIS countries, Africa and South America.

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Conferences in Europe

Speaking the Player’s Language: Promatic Group’s Take on Game Localization in CEE

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The Prague Gaming & TECH Summit 2025 brought together some of the brightest minds in the iGaming and tech industries – and the conversation didn’t stop when the curtains closed. As this year’s General Sponsor through its Promatic Games brand, Promatic Group made a powerful impact on-stage and behind the scenes. In a dynamic keynote presentation titled “Localizing Slot Games: Does the Central European Player Need Localized Content?”, Maciej Makuszewski, iGaming Director, and Luka Oblak, Head of Product Design, explored how cultural nuances shape player engagement and game performance across regional markets.

Now, post-event, we caught up with Maciej Makuszewski to delve deeper into the topic of localization, player behavior, and what makes content truly resonate in Central and Eastern Europe.

 

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Maciej, your keynote at the Summit offered compelling insights into how culture and language affect game engagement. What do you believe is the biggest misconception about localization in the iGaming industry today?

It is that it is enough to hire a translator of a game to deliver localized content. This is not the end of the road – on the contrary – this is just the beginning. This may sound like saying the sun rises in the east, but I still would say there can be a lot more attention paid to giving games a local touch.

But coming back to translations, nowadays, even at this basic level, we can observe so many pitfalls and mistakes that could have been avoided if people really had the player at the core of their strategy. I guess we are past this time in history of globalization that unified products and content simply entered new markets with no tailoring whatsoever and there was demand for them, because there hadn’t been much of a choice of anything else. We’d like to see companies try harder when they enter new markets. I hope we will become one that actually gets the hyperlocalization just right.

 

You and Luka presented some standout cases on localized content. Could you share one example that truly surprised your team – either by outperforming expectations or revealing a cultural insight you hadn’t anticipated?

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I guess that would be the transformation of a simple fruit game launched as Red Hot Jackpot in Poland, into a rich animations theme game it became in Nigeria. The nigerian version of Red Hot Jackpot is called Naija Wheels and it is the exact the same math model and game logic as Red Hot Jackpot, but what makes it appealing to the local customers of slot halls in Nigeria is its hyperlocal theme. Naija Wheels is a funny story of things you see in Lagos traffic. So instead of a Cherry symbol you have a symbol of a police officer. Instead of a plum symbol, you have an okada driver from Lagos etc.

Very different game themes, same logics, same business effects – the game is a great performing slot in Poland and a superb hit in Nigeria.

 

In your view, what are the non-negotiables when designing localized slot content for Central and Eastern European markets? Are there elements developers often overlook?

There are so many local markets in the CEE that it is really hard to unify this. But in a nutshell – we know in our region, highly volatile fruit themed games are very popular. Having said that, it is not a surfire way to success. You may want to localize the content even further through cultural and humor references.

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The ROI of local-branded slots is often debated. Based on Promatic Group’s experience, when does it make strategic and commercial sense to invest in hyper-local content – and when is it better to focus on broader appeal?

It all depends why you do this and how you measure the ROI. If you measure a single game ROI this might be a trap. It will very much depend on the math model and features of the particular game. Apart from revenue stream, there are also costs to be considered. If we’re talking about a “game reskin” then certification will be something you can optimize and so on. There are numerous ways to tackle this issue. Sometimes you can come up with a hyper local game and just launch it somewhere else to test if it works, which will boost your revenue stream and the total ROI. All in all we are very happy with our local approach and we intend to stick to it.

 

Let’s talk about the future. With shifting player expectations and tech advancements like AI personalization, how do you see the localization strategy evolving over the next 2–3 years at Promatic Group?

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I would expect this hyperlocalization becomes a commodity in the industry. This will also require a lot of human factor so that it is done the right way. AI will speed things up, but I believe that the human touch will be key. We already have amazing tools, but using them the right way is what will make a great difference.

The post Speaking the Player’s Language: Promatic Group’s Take on Game Localization in CEE appeared first on European Gaming Industry News.

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Navigating Legal Frontiers: Nordic Legal’s Vision for the Finnish Gambling Market

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The Prague Gaming & TECH Summit 2025 brought together top experts across the iGaming and tech landscape, and Nordic Legal stood out as the event’s Scandinavian Legal Expertise Sponsor. A renowned legal advisory firm in the Nordic region, Nordic Legal continues to shape the future of gambling legislation and compliance in Europe.

In this post-event interview, we caught up with Pekka Ilmivalta, Head of the Finnish Office at Nordic Legal, to dive deeper into the firm’s insights on the upcoming Finnish gambling reform, the legal challenges it poses, and the opportunities it presents for operators preparing to enter the market.

 

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Finland is preparing to launch its regulated gambling sector in January 2026. As an expert with over 20 years of experience in the gambling industry, how do you view its draft legislation and the current state of the Finnish gambling market? 

Finns are used to gambling online, and the size of the market is close to 2 billion euros in GGR. As the market share of the national monopoly operator, Veikkaus, has declined to around 50 percent, nearly half of the gambling spending already takes place outside the Finnish regulation. Therefore, the gambling legislation reform is really needed.

The Government Proposal now being dealt with in the Finnish Parliament is generally a comprehensive and a good package. As the political parties are quite unanimous about the need for the reform, I expect the parliamentary discussion to concentrate on the balance between responsibility measures and the features making the market interesting enough for the operators to enter the regulated market. Especially marketing, use of affiliates and bonusing will, and should, be discussed.

I believe that the Parliament will approve the new legislation early next autumn and that the B2C license application process will be able to begin already in January next year.

 

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The Finnish legislative review council has raised concerns about potential increases in gambling harms under the new regulatory framework. What measures do you believe are necessary to mitigate these risks, and how could Finland balance market liberalization with responsible gambling practices?

Personally, I think that gambling harms must be taken seriously. However, as almost half of the Finnish gambling now happens outside the regulated market, I am convinced that succeeding in channelization is a crucial starting point to really mitigate gambling harms. Therefore, attractiveness of the market and measures against the black market are extremely important. Furthermore, self-exclusion and responsible gambling tools are, of course, needed for the players. Generally, I believe that AI assisted monitoring could and will have an important role in preventing harmful gambling in the future. To really work, responsible gambling tools need to be both pragmatic and relevant for each individual player.

 

Considering Finland’s upcoming gambling reform, what legal and operational challenges should gambling operators be prepared for, particularly regarding compliance and player protection? Which key trends do you see shaping the market’s future?

As it seems now that affiliates and welcome bonuses will be banned, operators will have to find other means to build their brand and acquire customers. Even though traditional marketing and sponsoring are widely acceptable, I would expect to see innovative solutions to stand out from the probable marketing avalanche during the first months after the market opening. Perhaps new kinds of sponsorships or retail activities? Or even enhanced player protection measures to gain a competitive edge?

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Overall, I would advise operators to start their market entry preparations early enough. The licensing procedure could take several (6 to 9) months. Also, adjusting to the local technical and player protection requirements might not happen overnight.

 

What insights could help Finland create a balanced and effective gambling market?

I believe that the new legislation will provide a good enough framework for a functional gambling market. However, based on experiences from Sweden and Denmark, I would point out two practical aspects crucial to making the new legislation effective: First, there needs to be collaboration between licensed operators and the new regulator. Dialogue and a mutual will to find solutions should be the common mindset. Secondly, the regulator hopefully has enough resources (tools, persons and persistence) to interfere with the black-market operations, which will evidently still exist also after the reform.

 

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Nordic Legal has extensive experience advising European governments on regulatory best practices. How can your firm assist operators looking to enter the Finnish market and navigate the evolving legal landscape?

With our deep knowledge of Finnish legislation, extensive experience from regulatory developments in other jurisdictions, and strong industry relationships, we are well-positioned to support operators and B2B suppliers entering the Finnish market. We can offer comprehensive guidance not only on compliance and licensing, but also on navigating strategic challenges, ensuring our clients are well-prepared for a dynamic and shifting legal landscape. Our proactive approach enables us to identify regulatory changes early and help clients stay ahead of industry developments.

 

The post Navigating Legal Frontiers: Nordic Legal’s Vision for the Finnish Gambling Market appeared first on European Gaming Industry News.

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Conferences in Europe

ELA Games’ Yaroslav Soloshenko to Speak at the SBC Digital Conference 2025

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Yaroslav Soloshenko, ELA Games’ Business Development Team Lead, will participate in the panel discussion titled “Boosting the appeal of live casino to next-gen players” at the upcoming SBC Digital Conference 2025 on April 17, 2025.

The online full-day conference will gather the iGaming industry’s influential leaders to host in-depth conversations on the most relevant and talked-about topics in the online casino and slots space.

Yaroslav will be part of a three-person panel to discuss the future of online gaming and how live casino features can capture a modern audience. He will highlight how ELA Games’ titles, such as Cash Crab, have a crucial role in inspiring business success for operators with social gamification mechanics while providing a fresh gaming experience for players.

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Yaroslav Soloshenko commented, “It’s a pleasure to represent ELA Games at the upcoming SBC Digital Conference, where I’ll join influential panelists to explore how live casino features can evolve to accommodate the next generation of gamers. Our studio has witnessed firsthand how games like Cash Crab, with real-time social and gamification mechanics, can help operators drive engagement and acquire new players in a competitive market. I’m excited to discuss this topic further and provide relevant insights for all attendees.”

The post ELA Games’ Yaroslav Soloshenko to Speak at the SBC Digital Conference 2025 appeared first on European Gaming Industry News.

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