Connect with us
SOFTSWISS

Balkans

Bulgarian Bill Proposes Closure of Most Casinos

Published

on

Bulgarian Bill Proposes Closure of Most Casinos
Reading Time: 2 minutes

 

A political leader has presented a bill to the Bulgarian parliament which proposes the closure of most of the country’s casinos and gambling halls by the end of 2025.

Put forward by Valeri Simeonov, leader of the National Front for Salvation of Bulgaria (NFSB), the bill proposes that casinos and gambling halls be allowed only at five-star hotels and at ten resorts located within 20km of the border.

Simeonov’s objective is for casino gambling to be aimed only at foreign tourists rather than Bulgarians. The move would mean closing around 75% of the country’s land-based casinos and gambling halls.

Casino games would be offered by the state only, and all visitors to casinos and gambling halls would be checked against the register of gambling addicts.

He appeared to recognise that the bill could be detrimental to his party’s standing and would attract fierce criticism, but said it was necessary to fight against gambling addiction.

Simeonov reportedly said of gambling: “It’s a pandemic, like the Coronavirus. There are cases of suicide, mortgaging the home, loss of everything. This must end.”

The Bulgarian Gaming Association BTAGI said if the bill was approved it would close 638 casinos, risking 30,000 jobs, while pushing players to the unregulated market and leading to a major loss of tax revenue for the state.

BTAGI said in a statement: “The project submitted by MP Valeri Simeonov (…) creates conditions for an uncontrollable increase in illegal gambling.

“Global practice shows that the restriction of regulatory opportunities for the development of the gaming industry creates a favourable ground for the development of illegal gambling, which cannot be effectively controlled.

“In this situation, the consumer will not be able to be protected and all regulations to combat gambling addiction will be completely inapplicable. Once the business enters the criminogenic contingent, conditions are created for corruption to flourish.

“The closure of gambling halls and casinos that do not meet the restrictive requirements to be in 5-star hotels and in resort and border locations raises doubts about lobbying interests.

“With the proposed regime, the work of a legal, well-organised and operating on the principle of free economic initiative sector will be blocked, providing an opportunity to redirect and limit to a certain circle of persons: owners of luxury hotels.”

Balkans

Spinomenal bolsters expansion plans with Bosnian iGaming certification

Published

on

Spinomenal bolsters expansion plans with Bosnian iGaming certification
Reading Time: < 1 minute

Spinomenal, the leading iGaming content provider, has bolstered its expansion plans within the Balkan region after being granted its Bosnian certification. The latest Certification means that operators in the country can now access Spinomenal’s wide selection of top-performing HTML5 slots titles.

The Bosnian certification adds momentum to Spinomenal’s growth strategy that focuses on making its content available for the world’s leading iGaming jurisdictions. Among Spinomenal’s large library of games are the classics Majestic King, Demi Gods II and Colossus Fruits.

Bosnia joins an impressive list of iGaming certifications that has most recently seen Spain, Croatia and Belarus added.

Spinomenal’s CEO, Lior Shvartz, commented: “We’re thrilled to be granted our Bosnian iGaming certification and to have the opportunity to share our slots content with a new audience. The Spinomenal portfolio has been carefully curated and will suit the local audience perfectly.”

Continue Reading

Balkans

Spinomenal granted certification for Croatian iGaming market

Published

on

Spinomenal granted certification for Croatian iGaming market
Reading Time: < 1 minute

Spinomenal, the leading iGaming content provider, has been granted its certification for the Croatian iGaming market. Operators within Croatia are now able to gain access to and offer Spinomenal’s suite of outstanding HTML5 slots content.

Spinomenal is continuing to deliver on its growth strategy by extending its presence in the best iGaming jurisdictions across the world. Spinomenal games portfolio includes star performers like Book of Demi Gods II, Western Tales and recently launched Lucky Jack – Tut’s Treasures.

Croatia follows quickly on the back of the Spanish B2B certification and joins an impressive list of iGaming certifications. These markets provide a perfect framework for Spinomenal’s business objectives.

Spinomenal’s CEO, Lior Shvartz, commented:”Our target is to make our standout content widely available across the top performing iGaming markets. We’ve identified the Croatian market as one of big potential and we are pleased to secure our certification.”

Continue Reading

Balkans

MaxBet sees strong results from SIS Competitive Gaming launch

Published

on

MaxBet sees strong results from SIS Competitive Gaming launch
Reading Time: 2 minutes

 

Deal covers Serbia-based operator’s Balkan territories

SIS (Sports Information Services), the leading multi-channel supplier of 24/7 live betting services, has experienced a successful launch with MaxBet after delivering its esports betting product SIS Competitive Gaming to the Serbia-based operator.

MaxBet is now live with the end-to-end solution built specifically for sportsbooks, with the esports betting product already providing significant margin returns for the operator. MaxBet’s customers in the Balkans are able to watch and bet on frequent, quick-fire live head-to-head competitions between skilled gamers. This is made up of NBA2K21 games that take place all day Monday to Sunday in 5-minute quarters.

Customers have access to live streamed pictures, commentary, on-screen graphics with betting triggers, data plus an extensive range of esports markets and prices for approximately 40,000 live events a year, and previously, SIS has twice doubled the output of content available through the product since its initial launch with bet365 following strong customer demand.

With integrity at the heart of the SIS Competitive Gaming offer, every match is monitored by a dedicated integrity referee, trained by the Esports Integrity Commission (ESIC), ensuring that bettors receive a high-quality betting experience. Strict player due diligence procedures are in place to keep competitions fair and transparent, while all players take part remotely to meet new health and safety measures.

Anze Gantar, Digital Sales Manager at SISsaid: “We’re very pleased with how SIS Competitive Gaming has delivered such strong engagement and margin returns for MaxBet in its opening few months of operations.

“The product has proven to be a valuable addition for sportsbooks, and the success to date is testament once more to the quality and integrity that has been built into SIS Competitive Gaming from inception.”

Darko Zivanov, Group CEO at MaxBetsaid: “Launching with SIS has proven to be a great success. Our customer base across the Balkans has thoroughly enjoyed the exciting esports experience and live betting opportunities available through SIS Competitive Gaming.

“We are very confident that they will continue to enjoy the esports betting experience, helping us to further boost engagement and drive profitable revenues in the process.”

Continue Reading
Advertisement
NSoft
Advertisement
EvoPlay
Advertisement
Kasyno Online na HEX Polska

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

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

Privacy Preference Center

Necessary Cookies

We use cookies to make our website work including:
- Remembering your search settings
- Allowing you to add comments to our site

There is no way to prevent these cookies being set other than to not use our site.

Our own cookies

Advertising

Cookies are widely used in online advertising. Neither us, advertisers or our advertising partners can gain personally identifiable information from these cookies. We only work with advertising partners who work to accepted privacy standards such as http://www.youronlinechoices.com/uk/iab-good-practice-principles.

You can learn more about online advertising at http://www.youronlinechoices.com . You can opt-out of almost all advertising cookies at http://www.youronlinechoices.com/uk/your-ad-choices although we would prefer that you didn’t as ultimately adverts help keep much of the internet free. It is also worth noting that opting out of advertising cookies will not mean you won’t see adverts, just simply that they won’t be tailored to you any longer.

We fund our site by showing adverts as you browse our site. These adverts are usually managed by a partner specialising in providing adverts for multiple sites. Invariably these partners place cookies to collect anonymous data about the websites you visits so they can personalise the adverts to you, ensure that you don’t see the same adverts too frequently and ultimately report to advertisers on which adverts are working.

Advertising Cookies, Banner Adverts

Analytics

We use cookies to compile visitor statistics such as how many people have visited our website, what type of technology they are using (e.g. Mac or Windows which helps to identify when our site isn’t working as it should for particular technologies), how long they spend on the site, what page they look at etc. This helps us to continuously improve our website. These so called “analytics” programs also tell us if , on an anonymous basis, how people reached this site (e.g. from a search engine) and whether they have been here before helping us to put more money into developing our services for you instead of marketing spend.

Analytics and Anonymous Visitor Statistics Cookies

Social Sharing Cookies

So you can easily “Like” or share our content on the likes of Facebook and Twitter we have included sharing buttons on our site.

Cookies are set by:
The privacy implications on this will vary from social network to social network and will be dependent on the privacy settings you have chosen on these networks.

Social Website Cookies