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Eastern Europe

Bulgaria’s Gambling Advertising Bill awaits EC Green Light

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Bulgaria's Gambling Advertising Bill awaits EC Green Light
Photo credits: mfa.bg
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Bulgaria’s gambling law amendments are waiting for the approval of the European Commission before they cam com into effect, announced the country’s Committee on Budget and Finance.

The Committee expressed their accord by saying that the gambling law was already once ratified by the European Commission, this meaning tha any future reforms and additions to its existing provisions will have to be given a formal consent by European commissioners. Bulgaria may face sanctions from the EU, if it fails to provide the newly introduced gambling-focused bill for an EC review.

The Bulgarian Ministry of Finance will now have to prepare the necessary documentation and notify the Commission about the proposed changes to its gambling law.

EU commissioners will then have three months to review the legislative piece to determine whether it is in line with European regulations. If the bill survives the three-month standstill period and gains enough traction in the nation’s legislature, there would be no more hurdles before its enactment.

The legislative piece, authored and sponsored by Deputy Prime Minister Valeri Simeonov and his party, the National Front for the Salvation of Bulgaria, was introduced this spring. The bill aims to curb the aggressive promotion of scratchcards and other lottery and gambling products and services and to limit significantly the number of facilities where scracthcards can be purchased from.

Bulgaria’s regulated gambling market was worth BGN3 billion (approximately $1.9 billion) last year and represented around 3% of the country’s GDP. The local gambling industry has been going from strength to strength over the past several years, with its rapid growth being driven mainly by the rising scratchcards sales.If approved in its current form, Minster Simenov’s bill would restrict the direct and indirect advertising of scratchcards and other lottery-style games across different media outlets. However, lottery and totalizator draws would still be broadcast on television and the names and of games would still be allowed to be mentioned across media.

Minister Simeonov has also clarified previously that while draws and the names of different lottery games would not be banned from television, winners in such games would no longer be shown under the new bill.

 

Source: CasinoNewsDaily

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Balkans

BEGE celebrates 15 years as Eastern Europe’s premier gaming expo

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BEGE celebrates 15 years as Eastern Europe’s premier gaming expo
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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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Eastern Europe

ICONIC21 makes Romania debut with Princess Casino

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ICONIC21 makes Romania debut with Princess Casino
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Live content provider continues to expand into new markets with top online casino operator in Romania now offering its hugely popular games to its players

ICONIC21, the in-demand provider of premium live content, has made its debut in the Romania market through a deal with Princess Casino, one of the top online casino brands in the fast-growing market.

The deal will see Princess Casino gain access to some of the top-performing titles from ICONIC21’s portfolio of live games which have proven to not only meet but exceed player expectations in markets across the world.

This includes classic live table games such as Blackjack and Roulette (including French and Auto Roulette) and popular Asian formats like Baccarat, Bet On Teen Patti and Sic Bo.

Princess Casino players can also experience the provider’s Gravity Series which covers Gravity Blackjack, Gravity Roulette and Gravity Sic Bo. Gravity games take excitement to a new level with additional multipliers of up to 3,000x.

The studio stands out through the quality of its titles, with games broadcast from state-of-the-art studio facilities that make use of the latest audio, visual and streaming technologies. It also has a team of highly experienced game presenters that bring a wow factor to each of its titles.

This has seen ICONIC21 quickly become a must-have provider for operators in regulated markets across Europe and beyond and the provider is confident that players in Romania will be drawn to the high levels of entertainment its games provide.

Alina Mihaela Popa, Chief Commercial Officer at ICONIC21, said: “We are always working hard to bring our games to more players in more markets and this partnership with Princess Casino is the perfect way to make our debut in Romania.

“Princess Casino is aligned with our commitment to provide games that entertain and excite, keeping players on the edge of their seats from the first round to the last.

“Our portfolio is varied, offering a wide range of live games and formats, many with our own unique twist such as our Gravity. We are confident players at Princess Casino will like what each of our games has to offer.”

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Eastern Europe

Stakelogic Announces Romanian Partnership with Game World Casino

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Stakelogic Announces Romanian Partnership with Game World Casino
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Stakelogic continues its expansion into Romania with strategic integration

Stakelogic, has once again strengthened its position in one of Europe’s most exciting jurisdictions, as it today announces that it has completed a strategic integration with one of Romania’s most prominent casino operators – Game World Casino.

Game World Casino is the player’s favorite choice since 1999 when its doors first opened to the land-based market. Since then, and with the emergence of online casino, Game World Casino has received multiple accolades and awards and is one of the most trusted and recognised online casino brands in Romania.

Stakelogic’s slot content will now be featured in front of a loyal new audience. Players can look forward to playing any one of Stakelogic’s slot games including Stone Gaze of Medusa and the developer’s latest release The Watcher™.

Neil Tanti, Senior Sales Manager at Stakelogic said: “Working alongside such a prominent casino in one of the fastest growing regions in Europe, is a great opportunity for us, which is why we are incredibly proud to be partnered with Game World Casino.

“Romania plays such an important part of our expansion strategy and it’s great to see that our online slot content is in such high demand with players.”

Catalin Moise, COO at Game World Casino: “Our players are accustomed to our mission, which is to provide them with exceptional customer experience and to exceed expectations.”

“Bolstering our portfolio with quality slots from providers such as Stakelogic is a normal step that we do to meet player’s expectations, and we are very excited for this new partnership.”

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