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Interview with Lydia Barbara, Head of Pegasus Gaming Solutions, speaker at the Eastern European Gaming Summit 2015

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Lydia Barbara, Head of Pegasus Gaming Solutions will be among the key speakers in the POKER & SYNERGY BETWEEN LAND-BASED AND ONLINE panels, at the Eastern European Gaming Summit 2015, which will be held between 23-24 of November in Sofia, Bulgaria.

Few things that you should know about Lydia: “When she wasn’t lost in a good book at university, Lydia could be found at the poker table, learning how to read players, play hands and handle bad beats. She entered the online gaming industry in 2005, occupying managerial positions in B2C and B2B environments before joining Microgaming four years later.
Following a five-year stint managing poker and network games, Lydia launched Pegasus Gaming Solutions, a specialist consultancy operating under the Microgaming umbrella. Pegasus assists new operators as they venture into online gaming for the first time, as well as helping established operators plan for major changes, get more value from their data and increase the profitability of their online businesses.
Lydia still manages to play poker on occasion, but these days when she isn’t in the office or travelling for work, she’s usually clambering up mountains, eating exotic foods or decompressing underwater.”

EEG: Based on your biography, we’ve learned that you are quite a passionate poker player. Do you think that land-based poker tournament holders should also engage with the online gambling environment to reach larger crowds in their country?

Lydia: Land-based poker companies and online poker companies should definitely join forces to reach larger crowds. With the number of live poker players growing world-wide, working together for mutual benefit only makes sense.

Players seek very different experiences when playing live and online, and the relationship of the two can easily be described as complementary.

EEG: This is one question we ask anyone we interview that is involved in the online poker industry. Do you think online poker is dead? Many consider this statement a fact, but do you think that the industry can revive it and restore it to the likes of before “Black Friday”?

Lydia: No, I don’t think online poker is dead. I do think that the days of the industry being easy, for players and operators alike, are long over. Companies need to think more creatively about what appeals to players about poker, and then work to change the game and their software accordingly. And we may never again reach the height of Black Friday attendance, but that’s OK. There are still ample players around the world in both established and up-and-coming markets to keep the tables full for years to come.

EEG: Do you consider major changes of online gaming ventures, such as mergers or ownership changes, to have a good or bad impact on the player?

Lydia: Any major ownership change to a company has the potential to be good or bad for players; it depends on how the transition is managed and what the new owners’ goals and ambitions are. But considering all the different liquidity pools players can choose from in the .com space, consolidating some of these might be a good thing for poker players long-term.

EEG: Can Eastern Europe become a large segment of the industry in terms of economy if it deals its cards right?

Lydia: If Eastern European countries regulate sensibly, with fair and appropriate taxes and licensing requirements, then of course these countries can compete on the global scale.

If you would like to get the unique opportunity to ask all your important questions and learn first-hand details about the SYNERGY BETWEEN LAND-BASED AND ONLINE & ONLINE POKER, be sure to attend the Eastern European Gaming Summit at which Lydia Barbara will speak on two panels. For 8th consecutive year on 23 – 24 November 2015, Inter Expo Center in Sofia, Bulgaria will bring together under one roof world’s leading figures and companies from the industry to present and outline current market developments and future trends with global vision and focus on the Eastern European market.

Visit the EEGS website here.

 

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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