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The subtleties of gambling in Ukraine from Slotegrator: how to start a land-based casino business

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The subtleties of gambling in Ukraine from Slotegrator: how to start a land-based casino business

Casino solution provider for gaming businesses Slotegrator continues to study the Ukrainian gambling market and to provide answers to the most popular questions in the industry through its educational materials. This time, the company — one of the leading aggregators in the Eastern European market — has thoroughly examined the question of how to open a land-based casino in Ukraine.

Now that gambling has been legalized in Ukraine, the government of the country is counting on a new inflow of investments triggered by tempting gaming prospects to bolster its economy. New opportunities, which are seeing the light of day after operating under the cover of night over the past decade, are obviously set to attract operators — especially those who are fully aware of the gambling industry’s potential.

Even with the pandemic and some of its consequences, such as quarantine restrictions and in some cases lockdowns, land-based casinos are still picking up in popularity as the demand for real, live game experiences is not diminishing — to say the least. On the contrary, the lack of socialization and interpersonal communication brought on by the pandemic has awakened players’ desire to enjoy the atmosphere of a gambling establishment.

The new article from Slotegrator covers all the key aspects of launching a land-based casino business in Ukraine. It provides a market overview and unveils the crucial details of getting a gambling license — one of the most popular queries among those looking to break into the industry. Also, operators will learn what requirements they will have to satisfy and what fees they will have to pay to obtain a gambling license.

While focusing on how to open a casino, the article analyzes essential aspects of the land-based business, such as the role of gambling equipment, the necessity of a centralized monitoring system, the importance of the talent acquisition process, and the value of high-quality marketing and first-class customer support.

Regardless of the scope of the gambling establishment, the business principles remain the same for everyone. Therefore, “How to open a land-based casino in Ukraine” will interest both proven businessmen who are expanding their enterprises and those who are just taking their first steps in the gambling industry.

Read the full version of the article by clicking on the link.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Tips for online sports betting in Maryland

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All sportsbooks in Maryland offer their unique way of betting on sports. To help you decide, we have made this simple guide. This guide helps in picking the best betting site for your needs. If you are looking to gamble in Maryland, this is the place to start. Betting in Maryland is legal if done in person at a “sportsbook”. Unlike states like Nevada that view sports betting as an unregulated form of gambling, Maryland has a long-standing regulatory framework for sports wagering. The Maryland Lottery Commission regulates all forms of gambling. The state’s Department of Legislative Services publishes details of the state’s regulatory framework, including definitions of terms like “sports” and “betting.” Here is a basic breakdown of tips to follow when betting in Maryland.

  • Online sports betting sites are growing in popularity every year.
  • Betting odds are listed by bookmakers on their websites.

Understand the basics and odds

The betting experience in Maryland starts with understanding the basic rules of online sports gambling. First, you will need to register for online sports betting account. The Maryland Lottery offers a convenient online registration process for two of its betting platforms: BetMGM and William Hill. Both are available on desktop computers or mobile devices. (A third platform, FanDuel, is currently only available via desktop.) The Maryland Lottery also offers a registration guide with step-by-step instructions. Once you sign up, you must verify your account. You can do this by submitting an image of your driver’s license or passport to confirm your identity and proof of address — such as a utility bill, bank statement, or check stub — to confirm where you live within state borders.

Secondly, it’s wise to know the odds. Understanding what the Maryland sports betting odds mean will help you make better decisions and hopefully increase your chances of winning. The most common sports betting line is the point spread. Point spreads are used to even out the competition in a game that would otherwise be lopsided. In other words, point spreads to make sure that you don’t win just because you bet on the team that scored more points. For example, people will likely be betting on this game if a local high school basketball team has a big rivalry game against a bigger school from out of town. The point spread could be -20 for the local team and +20 for the out-of-town team.

Set a budget and research

The first and most important rule of sports betting is setting a budget and sticking to it. Like with any other type of gambling, you need to know how much money you can afford to lose. It doesn’t have to be a fixed amount; it could be a percentage of your overall bankroll. For example, if your bankroll is $1,000, you could decide that 1% ($10) of your bankroll is the maximum amount you want to risk on a single bet. Alternatively, you could determine that 10% ($100) is the maximum amount you want to risk on a single bet. Betting more money than you’re comfortable losing can lead to reckless decisions down the road, such as chasing losses or making impulsive bets.

While sports betting won’t be available in Maryland until next year, there is plenty of time to research the best betting options. Use the internet to research your games, including teams and players from around the world. This will give you an edge when wagering starts. Several online sportsbooks offer lines on games around the world. In many cases, these sites will have lines up earlier than standard casinos, which can help you get ahead of the competition. While you can use online sportsbooks to get information, it’s essential not to wager at these sites. It is illegal, but it is also an excellent way to lose money quickly. Instead, use these sites for entertainment purposes and wait until Maryland allows sports betting.

Have fun

Before you start betting online, remember that having fun should be your top priority. You don’t have to play for real money every time. Maryland online casinos offer free-to-play games where you can try out the software and learn how each game works without risking your own money. If you decide to play for real money, only spend what you can afford to lose. It’s easy to get carried away when having fun, so set yourself a limit and stick to it. The best way to do this is by setting a daily, weekly, or monthly deposit limit with your online casino before you start playing. After reaching the limit, the casino will stop allowing you to make deposits until the period expires.

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The SOFTSWISS Group Crosses the 1000 Employee Mark

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SOFTSWISS is proud to announce the expansion of its team to a total of over 1000 employees. The rapid growth and development of the company requires qualified professionals who can strengthen the brand’s position as a leader in iGaming. As a result, the SOFTSWISS family has doubled since the start of 2021.

The company’s growth is closely linked to several key events that took place in the past year. First of all it is worth mentioning that in 2021 SOFTSWISS expanded its geographical representation by opening new offices in Poland and Georgia. At the moment about 80% of all employees are from Belarus, but the company is actively recruiting professionals from other regions and encouraging diversity.

Belarus (Minsk) currently tops the list of countries from which the SOFTSWISS team works. It is followed in descending order by Russia, Ukraine, Poland and Georgia. SOFTSWISS employees can also be found working remotely from Austria, Bali, Brazil, Germany, Greece, Latvia, Lithuania, Malta, Nigeria, Portugal, Serbia and Vietnam.

The launch and promotion of new products also had a significant impact on the rapid growth of SOFTSWISS. Although the SOFTSWISS Sportsbook was launched in December 2020, active product promotion occurred throughout 2021. During this time, the Sportsbook platform team more than tripled in size. Also in 2021, SOFTSWISS unveiled the Jackpot Aggregator, a unique solution for organising and managing jackpot campaigns.

Managed Services was one of the fastest growing teams across the entire SOFTSWISS brand. Over the year, they grew by 60%: from 90 people in January to 150+ in December. These changes have had a positive impact on the quality of work, which is confirmed by the fact that Managed Services was shortlisted for the prestigious EGR award.

“This December SOFTSWISS passed an important milestone in its development. Back in January there were just over 500 of us – now we are celebrating the 1,000 people threshold. This figure brings together smart, bright, courageous people who share the principles of respect, freedom and equality both in work and in everyday life. We have come together to create the best iGaming products and achieve common goals. I am happy to be a part of this big team and I thank everyone at SOFTSWISS for their trust and work!” – commented Ivan Montik, Founder of SOFTSWISS.

 

About SOFTSWISS 

SOFTSWISS is an international tech brand supplying widely acclaimed, certified software solutions for managing iGaming operations. SOFTSWISS holds a number of gaming licences, providing one-stop-shop iGaming solutions. The company has a vast product portfolio, which includes an Online Casino Platform, Game Aggregator with thousands of casino games, the Affilka affiliate platform, Sportsbook Platform and the Jackpot Aggregator. In 2013 SOFTSWISS was the first in the world to introduce a bitcoin-optimised online casino solution. The company has since been regarded as the leading technical expert when it comes to the use of cryptocurrencies in online gaming.

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NuxGame Launches Blog About iGaming Solutions

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NuxGame, an iGaming software developer and sportsbook solution provider, launched a brand new knowledge hub. It includes valuable iGaming insights and significant industry news. It is a non-commercial project which aims to create a useful knowledge hub for both entrepreneurs who are interested in starting their own business from scratch and well-established brands with a long operation history.

According to Nux Editorial Team: “The major goal of our knowledge hub is to highlight the most important iGaming news and to create a one-of-a-kind base that can be fairly helpful for operators, software providers, affiliates and pretty much anyone who is involved in iGaming. NuxGame, as a B2B company, deals with great volumes of data that we collect to improve our services. We keep in touch with some of the sphere’s leading experts who can provide exclusive knowledge and share their expertise about different aspects of betting and casino business.”

The blog features several thematic sections:

  • Industry Insights – the section where some general knowledge and the essential iGaming news are featured.
  • Providers – here you’ll be able to find the latest news about iGaming providers, announcements, latest releases, etc.
  • Legal Hub – this section features useful information about peculiarities of various jurisdictions and operations that will help you to start your business from scratch.
  • Guides – some valuable clues and pieces of advice about iGaming sphere.
  • Platform Updates – news concerning innovations and enhancements of the Company’s platform and other solutions provided by NuxGame.

The blog has a minimalistic, easy-to-use interface and an aesthetically pleasing visual design that matches the signature brand style of NuxGame.

About NuxGame

NuxGame – is a B2B iGaming software provider that offers various solutions for gambling businesses. As a platform developer, NuxGame can offer separate API solutions for sportsbook and casino or a turnkey solution that includes both. Within a turnkey plan, you can get a ready-made iGaming website in 48 hours featuring a great collection of gaming products through the industry’s top providers and a sportsbook with a diverse set of events and tailor-made odds. All the platform software is developed by NuxGame team and is regularly updated to guarantee high quality of service and excellent operation with 99,9% uptime.

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