Connect with us

Bulgaria

Euro Games Technology’s – EGT partners with the largest operator in Hungary

Published

on

Euro Games Technology’s products were chosen by the biggest operator Las Vegas Casino Group in Hungary, owning the exclusive rights for Budapest with licenses for five casinos. After the 2012 ban on the street slot machines and the doubling of granted casino licenses, the gaming industry in the country marked one of the most remarkable market growths in Europe. More than 100,000 players are expected to visit the newly opened Corvin Sétány, Atlantis, Sofitel Budapest, Atrium EuroCenter. In March, the fifth casino of the operator, Tropicana, will be also up and running.

147 slot machines and 4 roulettes, provided by EGT, became the centerpiece of the brand new casinos, and offered tons of ways of entertainment. The Premier Series P-24/24 Up comprises 98 of the cabinets, featuring multigame mixes Multi-3 and Multi-4. There are also 45 Vega Vision+ slant top and upright machines with game libraries Multi-2 and Multi-4. The progressive jackpot system Cat 4 Cash comes as a 4-cabinet configuration and the four Vega Series R8 automated roulettes provide 8 gaming places each.

“With this installation EGT has reached a 22% market share in Budapest,” commented Csaba Pardi, EGT Sales Manager for Hungary, Austria, Poland, and Sweden. “Our success stems from the fact that the operator is familiar with the Vega Vision+ cabinets and has a positive experience with our products and services. This time most of the machines are making their first appearance in the country, namely the Premier Series cabinets and the Cat 4 Cash jackpot system, and expectations are great. The installation was flawless, but only time will let our products prove their potential and reliability.”

EGT has prepared 19 more P-24/24 Up machines, 12 Vega Vision+ slant top cabinets, and one Vega Series R8 roulette for the upcoming opening of the investor’s fifth casino. “We hope that our partnership with Las Vegas Casino Group will continue to be mutually beneficial. It is no secret that, in the past few years, EGT expanded its portfolio considerably, and that was clearly noticed by our Hungarian partner,” added Mr. Pardi. “Our plan is to provide new games to the already installed products, and, possibly, to add new models to the existing ones.”

egt_logo-e1428647119439 Euro Games Technology’s - EGT partners with the largest operator in Hungary

Founded in 2002 and headquartered in Bulgaria, Euro Games Technology (EGT) has always prided itself on a reputation of being amongst the fastest growing companies in the global gaming industry. The company’s activities relate to the development, production and distribution of a diverse range of gaming products.

On 29th September 2008, following a welcome celebration with its partners and customers, EGT moved to its newly built administrative and manufacturing facilities. Modern design and functionality constitute the main concept behind the three-storey building. Today the company disposes of 4 building on a total built-up area of 12.000 sq.m, accommodating administrative offices, R&D, manufacturing and service facilities, warehouses, product showroom and a restaurant, which all provide employment for more than 620 people.

Today, a wide range of EGT products are operated in over 65 countries in Europe, Asia, South and Central America and Africa.

The product portfolio of the company includes video slot games, gaming machines, jackpot systems, electronic roulettes, semi-electronic Blackjack tables, mobile play stations and a vast array of gaming accessories as well as mobile gaming platforms. A distinguishing feature of all EGT products is the consistently high quality, combined with established reliability and competitive prices. International certificates obtained from various regulatory agencies and testing laboratories (GLI & SIQ) evidence for the strict compliance of EGT`s products with the technical and legislative requirements of many jurisdictions worldwide.

Upon establishing a significant presence in the Bulgarian market, EGT constantly proceeds to explore new market opportunities in numerous foreign countries. The foundation of EGT offices in most of the countries on the Balkans, provided a solid base for the company’s international expansion plans. The Bulgarian accession to the European Union in 2007, enhanced the penetration into markets all across Europe. The past few years marked a significant penetration onto Asia and Central and South America through establishing new EGT offices or by successful partnerships with local distributors. Recently, the company announced the approval of several new markets where the EGT products could be distributed. France, South Africa, Panama and the Caribbean are only some of our new destinations. Based on reports from leading casino operators, the performance of our products is showing outstanding levels. Our main goal is to continue to deliver high quality products and solution to our valued customers.

EGT’s technical achievements are presented annually at the most prestigious international exhibitions of the gaming industry.

Today, a wide range of EGT products are operated in over 65 countries in Europe, Asia, South America and Africa. Conceptually diverse sale and rental agreements underlie the company’s presence in a notable number of casinos worldwide.

As a member of the Gaming Standards Association (GSA), EGT demonstrates its aspiration for the development, promotion and implementation of open standards for communication in the gaming industry. The company adheres to the belief that such will enhance innovation in the gaming field. EGT is also a member of the Association of Gaming Equipment Manufacturers (AGEM) and the Bulgarian Chamber of Commerce and Industry (BCCI).

EGT’s technical achievements are presented annually at the most prestigious international exhibitions of the gaming industry – ICE London, G2E Las Vegas and Macao, BEGE Expo Sofia, GAMEXPO Hungary, Entertainment Arena Romania, GEB Serbia, FADJA Colombia, ELA Mexico, SAGSE Argentina, Panama and Peru.

Bulgaria

Online gaming revenues surge in Bulgaria

Published

on

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

Continue Reading

Bulgaria

Bulgaria adds more websites to iGaming blacklist

Published

on

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

Continue Reading

Balkan's

49 gamblers turn millionaires in 2017 in Bulgaria

Published

on

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

Continue Reading

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.