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Belarus’s Oldest Casino Operator Faces Bankruptcy

George Miller

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Belarus's Oldest Casino Operator Faces Bankruptcy
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After the Olympic Casino, Belarus’ gambling market is very near to lose another well-known gambling brand.
From this month, the Economic Court of Minsk began proceedings on the bankruptcy case of one of the founders of the Belarusian gambling business – Novo-BR. The company operates the famous local casino network “U Admirala”.

The owners of the “most reliable casino in Belarus”, as the brand is positioned on its website, applied to the court to initiate bankruptcy proceedings. The reasons are related to debts of Novo-BR. According to the Ministry of Taxes and Duties, the Novo-BT failed to pay it’s taxes, and more likely that the casino operator has not paid salaries to its employees.

According to the data of the website of the Unified State Register of Information on Bankruptcy, a protective period was introduced on Novo-BR from June 13. It will be in force until August 1 this year.
“Novo-BR” is one of the oldest operators of the Belarusian gambling business. The company was established in 1993. Currently it owns the casino “U Admirala” and the slot machine halls in the hotels “Orbita” (Minsk) and “Tourist” (Gomel).

According to the Register of Special Permits (Licenses) for Gambling Activities, as of June 1, 2018, 106 companies owned gambling licenses. This year, five companies were granted permits to open casinos, slot machines and bookmaker offices. Establishments will be located in Minsk, Polotsk, Brest, Grodno and on the M-1 motorway in Dubrovno district.

 

Source: e-playonline.com

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Eastern Europe

Parimatch releases ranking gambling Cities in Russia and Ukraine

Niji Ng

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Parimatch releases ranking gambling Cities in Russia and Ukraine
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Parimatch, Curacao-based bookmaker popular in Russia, has released a ranking of various regions in the Russian Federation and Ukraine, based on the number of gamblers in each of these regions. The company compiled the list following a detailed study.

Not so surprisingly, Moscow topped the list. The majority of Russians who engage in sports betting live in Moscow. St. Petersburg comes second, followed by the Krasnodar Territory and the Sverdlovsk region.

The ranking for Ukraine does not throw up any surprises either, with Kyiv topping the list. Kharkov comes second, while Lviv bags third.

Dnepr and Odessa are the fourth and the fifth respectively. In these cities, there is approximately the same number of gamblers. Here, number of bets on sports is almost equal.

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Eastern Europe

Casino Technology honoured with 2018 Best General Manager of a Gaming Equipment Company in Romania award

George Miller

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Casino Technology honoured with 2018 Best General Manager of a Gaming Equipment Company in Romania award
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Casino Technology‘s General Manager for Romania Valentina Dobre was honoured with the Best General Manager of a gaming equipment company, operating in the East European country award. The prize category was designed to recognize the exceptional contribution of a professional to the gaming industry in the country and was granted on a special ceremony during Women in Gambling Gala at the 12th edition of Entertainment Arena Expo in Bucharest. Valentina Dobre`s nomination was among the proposed by prominent industry representatives and was chosen after voting of an independent Prize Committee.

“This candidate has established herself as a valuable professional with a proven track record and a high level of achievements in the gaming industry”, the organisers explained.

Valentina Dobre joined Casino Technology’s team in 2017 as a General Manager for Romania, contributing with her profound expertise, professional background and in-depth knowledge of the gaming industry in the country.

Milo Borissov, founder, president and CEO of Casino Technology commented: “We could not be more proud of Mrs Dobre receiving the award. As a well respected leader within the gaming community in Romania, Valentina Dobre is a very important and valuable to Casino Technology, bringing extensive knowledge of the market and making a substantial contribution to the overall company development”.

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Eastern Europe

Abbiati renews Romanian license

Niji Ng

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Abbiati renews Romanian license
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Abbiati Casino Equipment, an Italy-based company that has been offering its service in Romania for a quarter of a century, has renewed its license in the country, in accordance with the existing regulations.

Abbiati has declared that the renewal of license equip it to consolidate and expand its business in the manufacture and supply of high-quality casino equipment and related components.

“We are very glad to have obtained this new licence for Romania as we strongly believe it can reinforce our presence in the market and increment our synergy with local operators,” said Giorgio Abbiati, CEO of Abbiati Casino Equipment.

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