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The Hellenic Gaming Commission’s Invitation for Upgrading and Modernization

George Miller

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The Hellenic Gaming Commission's Invitation for Upgrading and Modernization
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Following the announcements by the Minister of Finance about the overall regulation of the gaming market and taking into account the review of the existing statutory framework, the Chairman of the Hellenic Gaming Commission (HGC) formed a Working Group with the objective to study the operating framework for online gambling and submit proposals for its upgrading and modernization.

The Working Group shall:

  • Study the existing legislative framework regarding the licensing process of online gambling
    operators, the licensing conditions, the general and specific obligations of the licensees and
    the prohibitions for their legitimate operation.
  • Make a comparative analysis of the above mentioned legislative framework with those of
    other countries, in particular those of EU member states.
  • State the issues that have arisen during the transitional period provided for in paragraph 12
    of article 50, Law 4002/2011 (A 180) and investigate possible ways of resolving them, in
    accordance with public interest.
  • Identify our country’s comparative advantages and submit concrete proposals, compatible
    with European law, for the modernization of the institutional framework concerning the
    licensing, operation and supervision of online gambling, based on the international best
    practices.

In this context, the Hellenic Gaming Commission, invites all interested parties to a public consultation process in order to submit comments and proposals that are to be sent to the following email: [email protected] entitled: Public consultation for online gambling until Tuesday, December 12th 2017.

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Balkans

NSoft, top-quality software solutions provider announced as Silver Sponsor at Prague Gaming Summit 2020

Zoltan Tundik

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NSoft, top-quality software solutions provider welcomed as Silver Sponsor at Prague Gaming Summit.

 

Technology will meet compliance, and compliance will meet strategy at the 2020 edition of the Prague Gaming Summit, which will take place on the 6th of March at Vienna House Andel’s Prague.

The 4th edition of the Prague Gaming Summit is attracting the most prestigious and highly awarded operators and software providers from the CEE, D-A-CH and Balkan’s regions. Even from its launch in 2017, the conference enjoys a huge lineup of experts contributing to the content and some of the most recognized companies in the sponsors’ list.

As mentioned above, NSoft, is an award-winning and internationally recognized software solutions provider for the gaming and betting industry is once again joining the sponsors’ list. In 2020 the company is supporting all European Gaming Media and Events organized conferences as a Silver Sponsor.

NSoft has more than 200 employees and 92 companies as its customers, operating in 27 countries. Its product portfolio includes turnkey solutions for managing betting business, retail and omni-channel solutions, virtual sports betting, sportsbook and draw-based games. A combination of excellent products, uniquely skilled people and trust team culture played a key role in our growth. The company understands that strong and long-term partnerships are essential for sustainable growth.

This is why NSoft chose Sportradar, the world’s leading sports data provider, as its strategic partner.

Just recently the company has announced a Global Expansion plan. The company’s presence has steadily increased in accordance with the action plan and now, besides the HQ in Mostar and Maglaj office, NSoft has offices in Croatia, SAR, Costa Rica, and Singapore. You can read more here….

Also recently, we caught up with Dario Jurcic, Chief Business Officer at NSoft for an exclusive interview.

Visit www.nsoft.com for more details.

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry via the Prague Gaming Summit platform and meet the NSoft team.

Be sure to book your ticket now in order to avoid disappointment and also book a meeting with their team. The seats are limited and are selling out fast!

Order your Delegate Pass or VIP Package (Delegate Pass +Accommodation) now!

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Balkans

UltraPlay brings two awards after ICE London

George Miller

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UltraPlay brings two awards after ICE London
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Advanced betting solutions provider UltraPlay won the eSports Betting Software of the year at the International Gaming Awards (IGA) and ICE London Landmark Award marking the company’s 10 years on the market.

IGA is traditionally held a day before ICE London, celebrating the achievements and innovations of the leading companies in the gambling industry. The second accolade was given by ICE London marking the company’s anniversary milestone in the industry.

Dariy Margaritov, Founder of UltraPlay has commented: “Those two awards are very special for our organization. I would like to thank the International Gaming Awards and ICE London. It’s a great start of the business year for us. We are honored to be acknowledged for our leading position as an eSports betting provider and iGaming company with 10 years on the market.”

During ICE London, 4-6 February, UltraPlay’s iGaming experts presented the latest company’s developments on their advanced iGaming platform, sports and eSports betting solutions. Hundreds of visitors from across the globe stopped by and met with the team to discuss the various lucrative opportunities UltraPlay is offering. From the enhanced sports product giving unrivaled flexibility to all sportsbooks, ODDS.GG and its extensive eSports betting options to the thrilling online casino, virtual sports and crypto betting that are attracting both operators and players globally.

UltraPlay has once again confirmed an increased interest towards the eSports betting offering, with operators from various jurisdictions looking to integrate this vertical on their websites. The newly designed interface of ODDS.GG is already available to all ready to explore more about UltraPlay’s multi award-winning solution and join the eSports scene.

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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.

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