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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

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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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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BetGames.TV expands further in Bulgaria with Winbet

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BetGames.TV, one of Europe’s leading providers of live games has signed the second deal with a Bulgarian operator in the space of a week. This time the company has signed a deal with Winbet, a betting service provider. It must be noted that BetGames.TV signed a deal last week with another licensed bookmaker in Bulgaria.

As per the deal, Winbet will be expanding their current gaming portfolio with BetGames.TV’s complete suite of live presented games, including Bet on Poker, Bet on Baccarat, Dice, Dice Duel, Lucky5, Lucky6, Lucky7, War of Bets and Wheel of Fortune, both online and retail.

Aistė Garnevičienė, BetGames.TV COO said: “Following our recent deal with the first licensed bookmaker in Bulgaria, Betgames strikes again! I am happy to announce that we have signed a long term partnership with another licensed bookmaker in Bulgaria – Winbet.”

“It is a comparatively new player in Bulgarian market but already gained trust among local players by offering a wide range of bet types on almost all sports events and attractive bonuses. Therefore, I am confident that our unique live games portfolio will definitely scale their online presence and drive revenue growth.”

“Partnering with BetGames.TV marks an important step in our ambition to expand further,” said Petar Penev, Manager of Business Development of Winbet.

“From the very beginning, we have been impressed with the quality of BetGames.TV live games, so we are excited that their games are now available to Winbet’s gaming clients. We look forward to a good and long partnership.”

Winbet has been on the market in a relatively short time, but for the years in which it operates, it has won a number of successes and great popularity among Bulgarian fans of legal gambling in the country.

As far as gaming rooms are concerned, they have a ten-year history and currently exceed 36. Until now, Winbet has been developing steadily, demonstrating excellent casino lounges and a perfect online betting system.

Players enjoy a huge variety of gambling, including electronic and virtual sports, casino, poker, and more. In addition, the company has successfully sponsored several football teams in Bulgaria and other individual athletes by helping them develop in perspective.

 

Source: iGaming Business

Source: Latest News on European Gaming Media Network

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