BETBY, a leading provider of premium sports betting solutions, solidified its industry presence with a standout appearance at this year’s SBC Summit in Lisbon.

Featuring a strikingly redesigned stand, BETBY showcased the full capabilities of its innovative sportsbook solutions and services throughout the event. A key focus was on the rapidly expanding Latin American market, particularly Brazil, where the company continues to strengthen its footprint.

The event concluded on a high note with BETBY securing the SBC Award for Esports Supplier of the Year. This accolade follows several major product launches throughout the year, including the debut of the advanced AI Labs sportsbook tools, continuous updates to BETBY Games’ proprietary esports content, and an enhanced Bet Builder feature, designed to elevate the sports betting experience for users globally.

Leonid Pertsovskiy, BETBY’s Chief Executive Officer, commented: “We believe that this recognition from the SBC Summit Lisbon is a reflection of our ongoing commitment at BETBY to advancing the sports betting industry, setting new benchmarks for innovation and operational excellence. Winning the Esports Supplier of the Year award was the perfect ending for us. It reflects the dedication of our entire team, each of whom has played a crucial role in our success. As we look ahead to next year, we are well-positioned to set new records and continue our growth trajectory.”

Dutch gambling regulator Kansspelautoriteit (KSA) has imposed a penalty payment order on the owner of social media account Luxurybingods for organising bingos without a permit and advertising those bingos. The KSA wants to prevent the party involved from continuing to organise and advertise bingos without a permit. For organising, the penalty payment order is €19,000 per bingo with a maximum of €190,000. And for advertising, a penalty payment order of €9500 per advertisement with a maximum of €95,000 applies.

Small games of chance such as bingo may only be organised by an association that has existed for at least three years and was not established to organise games of chance. The prizes to be won may not be worth more than €400 each or €1550 in total. Furthermore, there is a ban on advertising these small games of chance.

Extensive advertising

During a visit to the Harbour Club in Eindhoven on 27 March this year, supervisors from the Ksa saw that the Luxurybingods bingo was in full swing. No permit had been requested for this. Furthermore, research shows that this bingo was extensively advertised via TikTok. Tickets cost €65 each and the value of the prizes was far above the maximum permitted by law. The bingo was held for the benefit of the organisation itself.

Repetition

The KSA believes that the chance of recurrence is high. Partly because bingos have also been held at other locations and the owner offered illegal online lotteries in 2022 via the Instagram account Luxurybingods. The organisation has already been reprimanded for this by the KSA. The imposed penalty payment prevents the person concerned from continuing to organise these types of bingos.

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