A workshop focused on financial risks and regulatory compliance for iGaming operators will take place on 11 August at 16:00 CEST. The session, titled "Why iGaming Operators Lose Money and How to Stop It", will examine payment processing costs, banking restrictions, and long-term compliance liabilities.
The event will feature a discussion between Hristo Koevski, Chief Commercial Officer of the Nevis Online Gaming Authority, and Odi Narzullaeva, co-founder of the organizing company. The dialogue will address how regulatory decisions impact operator cash flow and account stability.
Key Financial and Compliance Issues
The program outlines three primary areas of revenue loss. Operators without recognized licenses face payment processing fees up to five times higher than standard rates. The session will also detail the timeline for bank account freezes following regulatory interventions and explain why cryptocurrency alternatives do not fully resolve the issue. Additionally, the discussion will examine how undetected compliance deficiencies accumulate over time, eventually resulting in player fund recoveries and personal financial responsibility for company directors.Participants will receive a complimentary payment-access diagnostic to identify suitable financial providers across African, Latin American, and Asian markets. The workshop is organized to provide direct access to regulatory guidance, as authorities typically do not engage in individual operator inquiries.