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Bulgaria

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

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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.”

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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

Betway Bulgaria officially launches, offers live and bet-builder options

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Another company has officially launched its activities in the growing niche of online betting in Bulgaria. But here we are not just talking about another operator licensed by national institutions, but about a leading brand worldwide. Betway is one of the largest bookmakers in Europe and globally, and the fact that it already offers its services in Bulgaria speaks positively about the development of the gambling business in the country.

Indications of an increase in the size of the industry appeared last year, when several operators received a permit to operate under Bulgarian jurisdiction. It is unlikely that this process will end with the official launch of betway bulgaria, rather the brand entering the country can be perceived by international operators as a positive assessment of the market in Bulgaria. What can we find at Betway besides the obvious – increased competition and of course more choice for consumers?

What do we find in the sports section?

Sports betting – this is the leading sector of the company, which started operations in 2006. The brand is associated with a number of teams in Europe such as Tottenham, Atletico Madrid, Leicester, Alaves, Belenenses, Werder, etc. Of course, the top championships in Europe are present in the latest betting platform, but that’s not all. Betway offers the opportunity to make predictions at less popular UEFA championships. The fans of the Bulgarian championship have options too. All matches of the First League are present in the bookmaker’s menu, and are offered with dozens of choices for each of them.

Real-time bets and long-term combinations

Live bets are a big thrill for many players. This option is present at Betway, and this also applies to the mobile version, of course. It is not difficult to detect current events – they come first when loading the platform. And with them the bookmaker really comes up with interesting offers, some of which are rare on the Bulgarian market. The outcome of the bets become clear in literally seconds if the next goal market or one of the performance options is selected.

In addition, the company accepts predictions with a much longer horizon. It is now standard to bet on who will be the champion in England, Spain, Italy or Germany. However, there are also specific markets and selections for certain teams – will Barcelona take the trophy this season, will Liverpool reach the final in at least one of the tournaments in which it participates, etc. And if users don’t find what they’re looking for in these offers, they can always turn to the betting menu. The bet-builder is still limited to one match, from which we can choose two or more selections until the desired odds are formed. This is the most appropriate way to optimize the bet according to personal preferences and therefore it is increasingly preferred by the players.

Betway’s first steps on the Bulgarian market are impressive. And this is just the beginning, we can expect even more in the near future.

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Bulgaria

Online gaming revenues surge in Bulgaria

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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 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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