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Gaming entrepreneurs in the spotlight at BEGE Expo 2017

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For the first time this year the must-attend gaming show in Eastern Europe – the Balkan Gaming and Entertainment Expo welcomed startup companies from the region in a separate zone on the exhibition floor.

 

This year the exhibition went under the slogan “Bulgaria – the technology hub of the Balkans”, which meant to highlight the importance of past and current advancements in the technological field, as well as the achievements of the young entrepreneurs, part of which was the Startup zone.

On the second day of BEGE Expo took place the Gaming Startup Challenge. This was the final stage of the competition and the startups had the mission to make the best sales pitch in order to impress the jury. President of the jury was Mr. Ivan Tzankarsky – Executive Director of Casino Technology. The members were Mr. Iordan Chahanov from the global provider of analytic software Statsoft, Mr. Angel Dimitrov – R&D Director of the first Bulgarian software university Softuni and Mr. Stoyno Stoynov – CTO of AvantX Technologies.

The company that was evaluated with the highest potential and best presentation was Zebra Digital – a digital marketing company, presenting their concept for online games as a unique way of engaging prospects and generating new leads.

The Macedonian startup company Football Chat AI was awarded with the second place award. They have created an artificial intelligence system that successfully predicts the outcomes of football games by analysing several history segments of the teams and so far has reached a success rate of nearly 60%.

The third place award went to the first dark fantasy action-adventure video game of the Bulgarian game studio Incineration Productions. Although the creators take inspiration from the real world and its legends and myths, they strive to combine them and tell a story that has never been told before.

Awards for an excellent participation received the other two contestants – Pseudocode games and The Sixth Hammer.

PowersVR is the superhero virtual reality game that Pseudocode Games presented at the Gaming StartUp challenge. The game lets players step into the shoes of a wide cast of superheroes and villains and explore a city filled with challenges and secrets for players to uncover and experiment with.

The team of The Sixth Hammer presented their biggest project so far – Moo Lander, a 2D game in the Metrodivania genre. The storyline starts in the distant past and it features the cow milk as a primary and most-effective resource for two ancient civilizations – The Landers and The Anunnaki.

We gathered a lot of positive feedback at BEGE Expo 2017. This means that we are in the right direction” commented Yasen and Dimitar from the Sixth Hammer.

The organizers of BEGE Expo shared their intentions to make the Startup zone a traditional accompanying event to the exhibition in order to support more the entrepreneurs in the region and give them a platform for sharing ideas and business opportunities, making beneficial partnerships and meeting investors.

BEGE Expo – the leading gaming and entertainment exhibition in Eastern Europe. The event is business oriented and provides opportunities for commercial contacts and presentations of products for the leisure, gaming and entertainment industry as well as technology products for optimizing operational, management and control processes. BEGE welcomes manufacturers, vendors, operators and representatives from the gaming and entertainment industries.

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.

Bulgaria

Online gaming revenues surge in Bulgaria

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Online-gaming-revenues-Bulgaria Online gaming revenues surge in BulgariaReading Time: 1 minute

The Bulgarian Trade Association of Manufacturers and Operators in the Gaming Industry’s (BTAMOI) reports that the country’s online gaming revenues showed a growth in the last financial year. The industry paid €57 million in taxes to government, which corresponds to a 17 per cent rise year on year. BTAMOI said in a press release: “For the period 2017/2018 the gaming industry in Bulgaria has shown very good results at national level, based on the country’s upward economic performance.”

The online gambling segment in Bulgaria represents about 10 per cent of the country’s total gambling market. The segment posted a revenue of €89 million in the nine months to September 30, a spike of 30 per cent compared to the figure same time last year.

Source: Latest News on European Gaming Media Network

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Bulgaria

Bulgaria adds more websites to iGaming blacklist

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Bulgaria-iGaming-blacklist Bulgaria adds more websites to iGaming blacklistReading Time: 1 minute

The State Commission on Gambling (SCG) of Bulgaria has added four more websites to its blacklist of iGaming companies that are operating without a license.

The four websites added to the blacklist as per order no. 1913 of October 28 and no. 1991 of November 9 are nissicasino.com, 1xbet72.com, pokernox.com, 1xdcxc.host.

The SCG periodically updates the list of illegal gambling sites.

The State Commission on Gambling has been established for the purpose of inspecting the compliance with the law of the activity of the gambling games organisers, the producers of gabling game equipment, the distributors and service organisations for the maintenance and repair works of such equipment performed on the territory of Bulgaria.

Source: Latest News on European Gaming Media Network

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Balkan's

49 gamblers turn millionaires in 2017 in Bulgaria

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National Revenue Agency (NRA) of Bulgaria has reported that 49 gamblers in the country became millionaires in 2017 alone. The agency has also stated that the total winnings from gambling received Bulgarian gamblers in 2017 amounted to BGN 627 million.

The report also indicates that as many as 13,447 Bulgarian gamblers have won more than 5,000 BGN last year.

The biggest winning was 9,815,422 BGN, and the game is not specified. The second biggest winning amounted to BGN 7.9 million, the third place was 5.7 million BGN. The other TOP 10 winners of the ranking have won from 4 to 5 million levs, the NRA reports. A total of 49 Bulgarians have become millionaires due to gambling last year with their winnings over 1 mln BGN.

80 Bulgarians have won between BGN 500,000 and BGN 1 million. Most gamblers, 12,395 people were lucky to receive winnings between BGN 5,000 and BGN 100,000.

The NRA statistics is not segmented by type of gambling because such information was not collected. However, it is clear from the tax agency data that the biggest winning was paid by companies which are the lottery operators.

The National Lottery has paid more than 5,000 levs to 6,209 people, according to official data from the NRA. Eurobet has provided such prizes to 259 people, New Games reported about 672 winners.

Since the lottery operators are required by law to pay out at least 50 per cent of the value of the bets, it can be concluded that turnover of lotteries is about BGN 1 billion in Bulgaria.

 

Source: E-PLAY Online

Source: Latest News on European Gaming Media Network

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