Digest of important news for the week

Last week was marked by quite a lot of important events in the gambling industry. Below are a few of the most interesting ones for the participants of this market.

Opening of the first casino in Kyrgyzstan

This event was expected for more than a year. It was announced long ago that gambling would be legalized in the country, but the opening of the first casino took place quite recently. The institution appeared in Bishkek. It operates under a license issued to the operator "Grand Casino". The cost of the license is quite high - 84 million soms. The club occupied the building, which previously housed the restaurant "Golden Dragon". The first visitors were able to visit the casino in the first decade of May, although it was initially expected to open in early April. Citizens of the state are not allowed to enter the institution. Only tourists can play in it.

Kazakhstan introduces new restrictions for operators of gambling establishments

In the long term, the Government of the country is going to restrict advertising of BCs, as well as any sweepstakes in the media. It will also be impossible to distribute lottery tickets through information and communication networks. Other changes in the legislation are also envisaged. In particular, the responsibility of operators for the admission to the games of persons under 21 years of age is increased. In addition, banks and local payment systems will not be able to conduct transactions through illegal foreign operators.

The UK National Lottery's impressive results are in

The financial year in the UK ended on March 31. Experts have already done the analysis and found out that the National Lottery ticket sales for the past fiscal year increased significantly and amounted to about 8.2 billion pounds. This is almost 100 million pounds more than the previous year. This was the second such high figure since 1994 (the launch of the UK National Lottery).

In the US and Lithuania, the gambling industry has seen a significant increase in revenues

In the first quarter of 2023, analysts note a significant increase in the profits of operators providing gambling services. This applies to land-based and virtual type establishments (online betting in BC and casinos). Gross revenue from gambling business in Lithuania for the first three months of this year was higher by 26% compared to the same period last year and amounted to more than 55 million euros. In the USA the figures are much more impressive (due to the size of the country). Here the income of operators amounted to more than 16 billion dollars. The profit of land-based establishments - just over 75%, online venues - almost 25%.