Germany
Regulatory challenges have contributed to slow growth in this market but change is potentially on the horizon .
Romania
Despite tech layoffs , hiring in the “ Tech hub of Eastern Europe ” has demonstrated resilience and strengthened throughout the year .
Malta
The influx of new talent to the island has slowed but this major gaming hub continues to thrive .
WORLD VIEW
EUROPE
The UKGC white paper has been published , but the igaming sector awaits the accompanying legislation , with other countries likely to follow the UK ’ s lead . Tech hubs in Eastern Europe , including Romania and Bulgaria , have established physical offices while allowing remote work within these countries . Turnkey scalable teams provided by the likes of Cohort Teams are gaining popularity . Major hubs including Malta and Gibraltar show stability , with limited fluctuations in activity .
NORTH AMERICA
There have been high expectations surrounding the prospect of several major states legalising online casino in the current year . However , only Rhode Island ultimately passed the legislation , bringing the total number of legal igaming states to seven ( with Rhode Island ’ s igaming going live in April 2024 ). Meanwhile , last year ’ s Ontario legislation has transformed it into a highly competitive market .
ASIA
Singapore continues to experience growth , driven by the Gambling Control Act 2022 and the Gambling Regulatory Authority of Singapore Act 2022 passed last year . This market is poised for expansion , especially as it emerges from the uncertainties of the Covid era . Live dealer games and live casinos have gained popularity in the region . Moreover , sourcing remote talent remains viable , seamlessly integrating into other operations .
UAE
The establishment of a new gambling regulator has been a catalyst for increased activity in this highly profitable region .
Singapore
Opportunities for growth are still to be found in this region , with revenue continuing to rise in the post-Covid era .
REST OF THE WORLD
The spotlight is on LatAm , with Brazil at the forefront , legalising sports betting and triggering a surge in hiring activity . Colombia is also making inroads . Africa is often hailed as the next major igaming market , driven by a growing population and rapid internet adoption . South Africa ’ s online gambling bill , introduced last year , catalysed numerous operators ’ entry into this market .
ICE LONDON 2024 • ISSUE 135 • 89