Albanian Online Gaming
The new Albanian government – which took power in June 2013 – doesn't want the poor country to keep sending money to offshore operators. It is estimated that Albanians spent EUR 500-700 million annually on online gaming before the government's crackdown.
In January 2013, Xhoilloto, the largest licensed and regulated land-based sports betting operator in Albania, signed an exclusive agreement with SBTech, a provider of sports betting solutions. SBTech replaced Xhoilloto's existing sports betting platform for its land-based business and was to provide a complete turnkey solution enabling Xhoilloto to enter the online gaming market, offering sports betting and online casino games.
The future of Xhoilloto's online venture is unknown at this time.
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