Balkans
Greek gambling to go through new regulations
The Greek Parliament is expected to pass new amendments regarding the VLTs monopoly and the relocation of the Parnitha casino in the country.
The Parliament is expected to pass this week a series of amendments regarding the contract between the state and gambling monopoly OPAP concerning video lottery terminals (VLTs), as well as the relocation of the Parnitha casino closer to capital Athens. The plan could be implemented by the end of this year.
Euclid Tsakalotos, the Finance Minister of Greece, is expected to reveal new tax changes for casinos, and new facilities on Crete and Myconos. Online gaming and the process to obtain a license will also change after the announcement. As local media revealed, the changes to the tax status of casinos are one of the most expected in the territory: the Ministry wants to reduce the rates in order to make more attractive a casino permit at Elliniko, which is fundamental to develop a plot of the old airport in Athens.
The government considers that rates higher than 22 percent alienate major investors and threaten the economy of the existing facilities. The current system goes from 22 to 35 percent but the new number would have a flat rate for games in Greek casinos. Moreover, the entrance ticket that people are obligated to pay would also be abolished under the new regime.
The ministry is also expected to issue new licenses for Crete and Mykonos in order to upgrade the tourism destinations and make them a venue source as they receive multiple visitors from all over the world. Casinos that are loss-making or don’t attract investors could also have their licenses revoked.
Online gaming is set to face some changes too: the government could force providers to obtain an online address within Greece so local punters that want to log in to their website are redirected to the Greek .gr domain. This move would determine that all operators are under the jurisdiction of local authorities and regulators. The plan from the Deputy Economy Minister Stergios Pitsiorlas is also expected to be implemented in the same period.
Balkans
Synot Group Debuts at the BEGE in Bulgaria
For the first time ever, SYNOT Group will present its extensive product portfolio at the Balkan Entertainment and Gaming Exhibition, which will take place from 27th to 28th November at the Inter Expo Center in Sofia, Bulgaria.
“We are delighted to invite all visitors to our booth 2.18 where they will have the opportunity to explore SYNOT’s advanced multigame progressive jackpot systems MAGIC BALL LINK and SUPER LINK, which offer a wide range of exciting themed and fruit linked games,” the company said.
“Visitors can also discover SYNOT’s latest cabinet portfolio, including the state-of-the-art UP2-32, Eclipse FL-32 and UP1-27 models, as well as the latest games from the Firebird system and the proven Explosive Games Premium+ sets.
“Visitors interested in online slots or comprehensive iGaming solutions should not miss the online section, where representatives from SYNOT Games and SYNOT Interactive will be demonstrating the full range of products.
“Given the strategic importance of the Balkan market, our participation at BEGE is of great importance to us. We look forward to interacting with all visitors, presenting our innovative products and demonstrating the SYNOT Group’s cutting-edge solutions. This event is a valuable opportunity to strengthen relationships with both new and existing partners and to explore how our comprehensive land-based and online portfolios can drive mutual success.”
Balkans
Endorphina Partners with Volcanobet
The leading online slot provider Endorphina has recently partnered with Volcanobet, the largest concessionaire in the field of gambling in Montenegro.
“We’re thrilled to partner with Volcanobet, bringing our top-quality slot games to Montenegro and fueling their dynamic expansion into the Serbian and Bosnian markets. This collaboration strengthens our regional footprint while offering Volcanobet’s players an exciting and diverse gaming experience with our portfolio of thrilling slots,” Lohith Chittajallu, Partnerships Manager at Endorphina, said.
“The newly formed partnership between Vezuv – Volcano (Volcano BET) and Endorphina is set to elevate the gaming experience for the users and bring a new and exciting level of entertainment,” Lena Bošković, Director of Corporate Communications at Volcanobet, said.
Volcanobet is the largest iGaming brand in Montenegro, offering an impeccable supply of online entertainment and quality services. Committed to responsibly contributing to the environment and society, Volcano builds trust and takes care of its people and capital.
Balkans
BEGE celebrates 15 years as Eastern Europe’s premier gaming expo
The most significant event for the gaming industry in Eastern Europe – the Balkan Entertainment & Gaming Expo (BEGE) – will bring together leading companies, innovators, and industry representatives on November 27 and 28 for its 15th-anniversary edition. In celebration of this milestone, the organizers have prepared numerous surprises and special awards.
Once again, BEGE will offer a rich program, uniting industry leaders, investors, and successful entrepreneurs to share ideas, technologies, and inspiration. Visitors will have a unique opportunity to explore the latest gaming technologies, try out innovative solutions, and enjoy impressive demonstrations.
Traditionally, the first and second days of the event feature the EEGS conference, where internationally recognized speakers will present analyses and discussions critical to the development of the gaming industry. Special panels will provide a platform for leading gaming experts to discuss the future of the industry, emerging trends, and initiatives promoting responsible gaming practices.
For the first time, BEGE will welcome startups, offering them the opportunity to participate in Gaming StartUp Challenge 6.0. This challenge provides a unique opportunity to meet with key industry figures. The most promising startups will be recognized and granted invaluable access to the experience and insights of industry leaders.
As always, the exhibition begins with the BEGE Awards ceremony, a symbol of recognition for innovation, outstanding achievements, and success across various sectors of the gaming industry, with awards such as “Online Provider of the Year” and “Online Game of the Year.” The awards will be presented on November 27 at an elegant dinner at Black&White club in Sofia’s Grand Hotel Millennium.
A key highlight of the program is the Proximity Zone, providing companies with additional visibility through live-streamed interviews and product presentations with leading global brands and experts.
BEGE is a must-attend event for anyone with an interest in the gaming industry. This year, more than 80 exhibitors and over 6,000 visitors from 70 countries are expected, making it a place where the passion for gaming and innovation meets business opportunities.
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