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Bulgarian Parliament Approves Private Lottery Ban

Niji Narayan

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Bulgarian Parliament Approves Private Lottery Ban
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The Bulgarian parliament has approved the second reading of legislation that amends the country’s Gambling Act to ban private lottery operators.

Once enacted, all lottery games not operated by the state-run Bulgarian Sports Totalizator must cease their operations within 90 days. The new rules do not apply to state-licensed private operators offering sports betting, slot machines, raffles, bingo or keno. A proposal to ban all gambling advertising failed to garner enough support and was not adopted.

The bill was crafted after the government concluded that private lottery operators had underpaid their taxes to the tune of US$118m over the past six years.

The Bulgarian State Commission on Gambling issued a statement saying that the State Financial Inspection Agency had discovered “irregularities in the calculation and payment” of gambling fees. Specifically, the Commission said not all of its gambling licensees were remitting the correct percentage of their sales.

Balkans

Albania Government Approves Return of Casinos

Niji Narayan

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Albania Government Approves Return of Casinos
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Albanian Prime Minister Edi Rama has approved two government decisions that will allow the opening of casinos in the centre of Tirana. The decisions had been signed by the Deputy Prime Minister Erion Brace on September 2 and were published in the official gazette on September 8.

According to the decision, any company that wants to open a casino in this area must have experience in gambling, be a joint-stock company and have a capital of at least 1.2 billion ALL (nearly USD 12 million).

Gambling was banned in Albania as of 1 January 2019 and the only company licensed to operate a casino is Apex-al/Adria Entertainment which is located in a 5-star hotel.

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Balkans

EGT Interactive in partnership with Topbet

George Miller

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EGT Interactive in partnership with Topbet
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EGT Interactive is proud to set the beginning of a new partnership with the emerging Serbian brand – Topbet. This deal is an important strategic step for the company, strengthening the position of a leading provider in the Serbian market.

This deal contributes to a significant reach increase of EGT Interactive’s products on the Serbian market. Their top-notch content is already available through Topbet casino. Some of the titles that are showing great results so far are – Emperor’s Palace, 50 Amazons’ Battle, Flaming Hot, Shining Crown, 40 Super Hot, and many more.

Todor Zahariev, the Managing Director of EGT Interactive, commented: “We are proud to start this collaboration with Topbet and we are excited to see where it will lead us. Topbet is rapidly growing, and such a partnership will, for sure, has a positive outcome. Our loyal players in Serbia can now enjoy EGT Interactive games’ portfolio through one more casino brand.”

What the Management of Topbet commented: “We are very proud of the cooperation with EGT Interactive. Starting a partnership with such a successful partner is an excellent opportunity for us, and we notice a huge growth since we have their content on the site. As their games are among the most popular in our market, we try to attract even more people. Currently, we have a promo action with five games included (Flaming Hot, 40 Mega Clover, 40 Lucky King, 40 Hot & Cash, 40 Super Hot) which is achieving outstanding results. In the future, we plan to have more promotions with EGT Interactive products to attract more clients, and we plan to include as many of their content as possible. The new games we introduced last week, 50 Amazon’s Battle and Emperor’s Palace, achieved a great success. In the following period, we will prepare further promo actions for the games planned to be introduced on September 23rd to get similar results. This cooperation has great importance for us, and we hope that we will achieve huge success together in the future.”

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Balkans

ORYX Gaming debuts in Bulgaria with Palms Bet deal

George Miller

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ORYX Gaming debuts in Bulgaria with Palms Bet deal
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ORYX Gaming, a Bragg Gaming Group company, is entering the Bulgarian market after striking a deal with local operator Palms Bet.

Palms Bet has been operating in the Bulgarian market for over six years and is a well-established and renowned brand in the country. The operator offers over 240 casino games as well as an extensive sportsbook and unique products such as a loyalty programme.

As part of the deal, Palms Bet will launch content from ORYX’s premium platform partner Gamomat Games, via ORYX Hub.

Gamomat Games offers over 100 titles exclusive to ORYX with features including unique in-game features and side-game jackpots that have proven to be extremely popular with players. Top performing titles such as Crystal Ball, Fancy Fruits and Ramses Book will be made available to Palms Bet’s Bulgarian players.

Palms Bet will also get access to ORYX’s Player Engagement Platform, In-Game Tournaments and Leaderboards tools, which will help the operator grow overall gaming activity, player engagement, conversion and retention rates.

ORYX is licensed by the Malta Gaming Authority (MGA) and the Romanian National Gambling Office (ONJN) and is compliant, certified or approved in 17 other major jurisdictions.

Matevz Mazij, Managing Director of ORYX Gaming, said: “Launching the first client in Bulgaria is an important step for us as we continue to focus on expanding across several strategic regulated markets.

“We are excited about entering this promising market and we look forward to working together with Palms Bet to offer local players entertaining and engaging casino content.”

Roman Dimitrov, General Manager Sports Betting and Casino Slots at Palms Bet, said: “We are constantly looking to expand our existing offering with proven titles that offer our customers a fun experience.

“By partnering with ORYX, we get access to a wide portfolio of Gamomat’s leading games and we are thrilled to be the first operator in Bulgaria to launch the content.”

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