Gambling in Eastern Europe Tihana Jurican Zagreb Office

Gambling in Eastern Europe Tihana Jurican, Zagreb Office Manager Global Betting & Gaming Consultants

Mor Weizer, CEO, May 2015: “The regulatory progress in Romania, Bulgaria, the Czech Republic, Poland, Hungary and others represents a good opportunity for the company. . . ”

Economic Conditions Real GDP Growth Rate (Yo. Y change) 2007 -2014 Source: Euromat

Gambling and the Crisis Gambling GGY in EE (US$bn) 2007 -2019 f Source: GBGC Analysis

Gambling and the Crisis cont. Gambling GGY by Country (US$m) 2008 -2019 f Source: GBGC Analysis

Propensity to Gamble Share of Gambling in GDP by Country (%) in 2014 Source: GBGC Analysis

Legal Overview Internet Sports Betting Internet Casino Bulgaria X X Croatia X X Czech Republic X X Estonia X X Hungary X X Latvia X X Lithuania X X Macedonia X Montenegro X Poland X Romania X Serbia X Slovakia X Slovenia X Open to Foreign Companies Blacklisting/ ISP Blocking X X X X

Internet Gambling Share of Internet in Total Gambling by Country (%) in 2014 and 2019 Source: GBGC Analysis

Liberalisation and Setbacks Liberalisation Closing-Up • Estonia • Poland • Romania • Hungary • Slovenia • Lithuania

Major Markets • • Bulgaria Czech Republic Poland Romania

Growing Regionalisation Company Seat HR Mozzart Serbia L, I Hattrick Ireland L, I Stanleybet UK CZ EE LV LT ME PL L RO RS L, I SK L, I L L Fortuna CZ L, I Tonybet EE L, I Olympic EE L, I Maxbet Serbia Tip Sport CZ L, I L L L, I L, I L

Maltese Operators with Local Licences Company Country Brand BML Group Estonia Triobet Eurofootball Malta Bulgaria Efbet Reel Spain Malta Bulgaria, Romania Poker. Stars Polco Limited Malta Bulgaria Betfair International Romania Betfair Cosmo Gaming Company Romania Netbet WM Interactive Romania Winmasters PT Entertainment Services Romania Winner Headlong Limited Romania Sportingbet Unibet Limited Romania Unibet Europe Entertainment Limited Romania Stargames, Skill 7

Offshore Targeting BG Poker. Stars HR CZ EE HU X Full Tilt X Bwin X X LV LT PL SK X X X X X Unibet X Betsson X X X William Hill X X X 888 X X X RS X Party Poker Bet 365 RO X X X SI X X X

Offshore Targeting cont. 2014 Source: GBGC Analysis 2019

Conclusion • • • Markets opening up No overcrowding yet Fast growth Complex and costly rules and regulations Legislative process moving slowly

Thank you! www. gbgc. com Tihana Jurican tihana@gbgc. com