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BetGames.tv continues its global expansion signing its first Bulgarian regulated licensee EFbet

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BetGames.TV, leading provider of Live presented games, announced to have inked a deal to launch a line-up of Live games for its first Bulgarian regulated licensee EFbet, one of the leading bookmakers in Europe and sponsor of Bulgarian A PFG top-tier football club Levski Sofia.

 

Founded in 2006 and regulated by the Bulgarian State Commission of Gambling, EFbet is a leading online and land-based operator in Bulgaria with an extensive choice of sports betting and casino games. The launch of BetGames.TV live presented games at efbet.com marks the first entry for BetGames in the regulated Bulgarian gaming market.

Efbet.com will offer BetGames.TV’s multi-channel games including Bet on Poker, Bet on Baccarat, Dice, Dice Duel, Lucky5, Lucky6, Lucky7, War of Bets and Wheel of Fortune, line for desktop and mobile and into 21 casinos and 13 sports bars.

Bulgarian language will be activated to the user interface and support pages for all games offered.

Martin Simonov, CEO of EFbet, declared: “We have been looking to extend our offering with Live games for online and retail and we are happy to have chosen BetGames.TV as the provider with its market-leading B2B multi-channel offer of video-streamed Live Games to the biggest lottery, casino and betting operators around the world.

Christian Maglia, Head of Sales at BetGames.TV, commented: “We are excited to be able to launch our games for the very first time to a Bulgarian operator. It’s our aspiration to provide our partners the best Live Games that market has to offer. The integration of BetGames.TV live games will enrich the services Efbet offers to its customers and will strengthen their portfolio significantly. I am convinced the players of EFbet will enjoy the new addition of our Live Games.

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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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

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