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Bulgarian gambling industry becoming more and more interesting for international companies
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EGT Interactive Legal Counsel / Compliance Manager to share industry insight about the Bulgarian market at CEEGC 2019 Budapest.
Recent headlines in the gambling industry media outlets have reported that the Bulgarian Ministry of Finance has appointed Alexander Georgiev as the new Head of Bulgaria’s State Gambling Commission, however, there has been quite a few movements in the region that need mentioning.
The former head, Maria Filipova, is appointed as the deputy chairman of the Financial Supervision Commission (FSC) and is now in charge of the Investment Activity Supervision Division.
The naming of the new and now former Head of Bulgaria’s State Gambling Commission comes after the dismissal of Ohnemir Mitev, who was accused by media publications in regards to the commissions’ inaction against the aggressive advertising of gambling on national televisions.
Besides the shifts in the state-wide industry management, there have been quite a few large names mentioned that have entered the market or established strategic offices.
Kambi Group plc is now powering the international sports betting expansion of Bulgaria’s National Lottery JSC after the two companies strengthened their partnership by signing an extended sportsbook agreement.
The new deal which is already in effect enables Kambi to continue to provide its Sportsbook and managed services to the National Lottery JSC’s 7777.bg brand in Bulgaria and in addition, support the operator’s planned entry into Moldova this summer.
Scientific Games has also successfully launched the first in a series of online slot games with National Lottery Bulgaria and within 24 hours following the initial launch of nine player-favorite digital games, the games generated over a half million Euros in sales.
Scientific Games’ partnership with National Lottery Bulgaria builds on the Company’s presence in regulated European gaming markets, where it is reaching new players with a portfolio of immersive online games. The launch in Bulgaria included globally renowned favorites like 88 Fortunes®, Giant’s Gold®, and Rainbow Riches
. Scientific Games plans to launch more titles with National Lottery Bulgaria in 2019 to entertain a broader audience and drive player engagement.
Microgaming, one of the industry’s leading software providers, is also now live with National Lottery AD to provide its award-winning poker platform in Bulgaria.
The major poker deal, signed through Prima Networks Limited, marks the first time that Microgaming’s poker network has been made available in the Bulgarian market. The move is in line with Microgaming’s strategic goal of continuing to expand its presence in key regulated markets.
All these movements are recorded on the supplier side, however, when we examine the operators’ side, it is a totally different story. However, this doesn’t mean that the industry isn’t booming at the moment in Bulgaria.
The Bulgarian Trade Association of Manufacturers and Operators in the Gaming Industry’s (BTAMOI) has reported in at the end of 2018 that the country’s online gaming revenues showed a growth in the last financial year. The industry paid €57 million in taxes to the government, which corresponds to a 17 percent 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 a national level, based on the country’s upward economic performance.”
The online gambling segment in Bulgaria represents about 10 percent of the country’s total gambling market. The segment posted revenue of €89 million in the nine months to September 30, a spike of 30 percent compared to the figure same time last year.
At the 4th edition of the yearly Central and Eastern European Gaming Conference, which takes place on the 24th of September at the Ritz-Carlton Budapest, Georgi Dimitrov, Legal Counsel / Compliance Manager at EGT Interactive will join the “Regulated Central and Eastern European jurisdictions” compliance panel discussion and share the latest insights on the subject and how Bulgaria can be a good opportunity for operators to expand in regulated markets.
About Georgi Dimitrov
Georgi Dimitrov is a legal counsel at EGT Interactive Ltd., with a focus on legal, regulatory and technical compliance matters related to the iGaming industry. He specializes in international gambling regulation and provides guidance on licensing and certification frameworks, policy drafting, and compliance processes. His line of work involves communication with local stakeholders in the business such as testing labs, regulators and operators. He has background in company structuring, M&A, business and corporate development and extensive expertise in competition law. As a lawyer, he has advised the Bulgarian operations of large-scale corporate clients and public authorities.
Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.
Register here or View the Agenda!
Browse the official event website here: www.ceegc.eu
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Bulgarian gambling industry becoming more and more interesting for international companies
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Gaming Corps appoints Fredrik Geijer as Chief Financial Officer
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Gaming Corps – a publicly-listed game development company based in Sweden, has announced the appointment of Fredrik Geijer as its new Chief Financial Officer, effective 21 February 2026.
Fredrik brings more than two decades of senior financial leadership and international audit experience, including long-standing roles at PwC across Sweden, China and Australia, alongside CFO appointments at high-growth companies Lexly and Cemvision. His background as both an authorised public accountant and operational finance leader positions him to support Gaming Corps as it continues its scale-up across global markets.
Current CFO Mikael Bäckström will remain in position until 20 February 2026, before taking on a role focused on broader strategic support within the company, ensuring continuity and a smooth handover.
Juha Kauppinen, CEO at Gaming Corps, said: “Gaming Corps is entering an ambitious next phase of growth, and reinforcing our financial leadership is central to delivering on that strategy. We’re building a structure that allows us to take a major step forward and genuinely challenge the world’s leading game studios, and Fredrik’s international experience and proven track record make him an excellent fit for this journey. We are grateful for Mikael’s continued contribution and pleased he will remain with us during this transition.”
Fredrik Geijer added: “Gaming Corps has established a strong operational foundation with clear momentum across markets. With that groundwork in place, the company now has a real opportunity to advance its position and compete at the very top tier of global game development. I’m excited to join at such a pivotal moment and work closely with Mikael to ensure a seamless and effective transition into the CFO role.”
The post Gaming Corps appoints Fredrik Geijer as Chief Financial Officer appeared first on European Gaming Industry News.
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Eye of Ra Roulette 2000x — Amusnet’s Live Casino Journey into the Sun God
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Amusnet elevates its Live Casino experience with Eye of Ra Roulette 2000x, a premium live roulette game that merges classic game classics with electrifying multiplier mechanics. Set against a striking Ancient Egypt-themed backdrop, this production delivers a modern twist on a timeless favourite, blending sophistication, immersion, and excitement into one unforgettable experience.
Every round is hosted by a charming presenter who guides the action with confidence and charisma – spinning the wheel, announcing results, and shaping an engaging live show. Players enjoy seamless, high-quality streaming enhanced by vivid animations, dynamic camera angles, and captivating sound design that brings the ancient-world theme to life.
At the core of Eye of Ra Roulette 2000x lies the Dynamic Multiplier feature, transforming the traditional paytable into a thrilling world of possibilities. It offers chances of boosting players’ winnings by 30x, 50x, 100x, 200x, 400x, 1000x, and up to a massive 2000x on inside bets, turning each round into a high-energy moment filled with unpredictability and anticipation.
For the first time in an Amusnet Live Casino game title, outside bets also benefit from enhanced payouts. Classic options such as Red/Black, Dozen, Column, Low/High, and Even/Odd can award 5x, 7x, or 10x, introducing a fresh layer of strategy while maintaining the familiar structure of traditional roulette. A 20% premium charge on outside bets unlocks this added potential, creating a compelling new risk-reward balance for players.
Eye of Ra Roulette 2000x is designed for maximum accessibility and global reach. With its intuitive user interface, players can place bets effortlessly using smooth chip controls, drag-to-bet functionality, rapid re-bet options, and a fully adjustable table view.
The game is built for fast, stable, worldwide deployment. Optimised for desktop, tablet, and mobile, it ensures flawless gameplay for an unlimited number of participants every round.
Eye of Ra Roulette 2000x stands as a bold new addition to the Live Casino arena – where classic roulettes meet modern game mechanics, and every spin has the potential to shine with ancient power.
Dynamic Multiplier
The Dynamic Multipliers Feature is triggered during the No More Bets phase, randomly selecting up to seven inside bets for massive boosted payouts. When a number is hit, its standard payout is replaced with a Multiplier that ranges between 30x, 50x, 100x, 200x, 400x, 1000x, or 2000x. Each game round brings unpredictable and thrilling gameplay, keeping players on the edge of their seats as they chase those huge, adrenaline-pumping wins.
Outside Bets
The Outside Bets Feature introduces a fresh twist to classic roulette, giving players the chance to boost Red/Black, Even/Odd, Dozen, Column, and Low/High bets with exciting 5x, 7x, or 10x payouts.
Jackpot Cards
The Jackpot Cards bonus game is triggered at random during the gameplay to allow players to win impressive jackpots.
The post Eye of Ra Roulette 2000x — Amusnet’s Live Casino Journey into the Sun God appeared first on European Gaming Industry News.
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AGS Interactive Expands Its UK Presence with bet365 Partnership
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AGS Interactive (AGSi) has solidified its presence across the pond, taking a selection of its best-performing games live in the UK with bet365.
This announcement further cements AGS’ partnership with bet365 building on existing collaborations in the United States, Canada, and Latin America. bet365’s established UK market position and diverse global presence make them a logical strategic partner to support AGS’ global growth initiatives throughout Europe and beyond.
At the time of launch, bet365 players across the UK will have access to more than 20 popular game titles from AGS’ interactive content library. Notable titles include:
- Rakin’ Bacon!®
- Capital Gains®
- 3X Ultra Diamond
- Shamrock Fortunes®
- And more
“We’ve worked closely with bet365 for years and extending our partnership to the UK is an important milestone for AGS,” said Zoe Ebling, Vice President of Interactive at AGS. “It not only reflects the strength of our relationship, but the growing global appeal and potential of our increasingly diverse portfolio of high-performing online slot content. This is a clear sign of where AGS is headed — broader reach, more markets, and a rapidly expanding international footprint.”
“We’re delighted to welcome a selection of AGS’s most beloved slot titles to our UK market,” said a bet365 spokesperson. “This expanded partnership, featuring popular casino slots, and custom-branded titles emphasizes our commitment to providing a Never Ordinary online gaming experience.”
The post AGS Interactive Expands Its UK Presence with bet365 Partnership appeared first on European Gaming Industry News.
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