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49 gamblers turn millionaires in 2017 in Bulgaria

Niji Ng

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49 gamblers turn millionaires in 2017 in Bulgaria
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National Revenue Agency (NRA) of Bulgaria has reported that 49 gamblers in the country became millionaires in 2017 alone. The agency has also stated that the total winnings from gambling received Bulgarian gamblers in 2017 amounted to BGN 627 million.

The report also indicates that as many as 13,447 Bulgarian gamblers have won more than 5,000 BGN last year.

The biggest winning was 9,815,422 BGN, and the game is not specified. The second biggest winning amounted to BGN 7.9 million, the third place was 5.7 million BGN. The other TOP 10 winners of the ranking have won from 4 to 5 million levs, the NRA reports. A total of 49 Bulgarians have become millionaires due to gambling last year with their winnings over 1 mln BGN.

80 Bulgarians have won between BGN 500,000 and BGN 1 million. Most gamblers, 12,395 people were lucky to receive winnings between BGN 5,000 and BGN 100,000.

The NRA statistics is not segmented by type of gambling because such information was not collected. However, it is clear from the tax agency data that the biggest winning was paid by companies which are the lottery operators.

The National Lottery has paid more than 5,000 levs to 6,209 people, according to official data from the NRA. Eurobet has provided such prizes to 259 people, New Games reported about 672 winners.

Since the lottery operators are required by law to pay out at least 50 per cent of the value of the bets, it can be concluded that turnover of lotteries is about BGN 1 billion in Bulgaria.

 

Source: E-PLAY Online

Niji has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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Tom Horn Gaming enters Serbia with Balkan Bet

Zoltan Tundik

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Reading Time: 2 minutes

 

Tom Horn Gaming has announced it is now live in Serbia’s regulated market with one of its biggest operators, Balkan Bet.

The provider will supply Balkan Bet with its highly popular titles, including blockbusters 243 Crystal Fruits and Book of Spells as well as more recent releases like Frozen Queen and Wild Weather.

Ondrej Lapides, Tom Horn Gaming CEO, said: “Going live with Balkan Bet is another milestone in our mission to tap into regulated markets and this partnership is in line with our strategy to continue our expansion. We’re positive that Serbian players will enjoy our content and our games will find a new dedicated audience that will keep on coming back for more high-quality entertainment we offer.”

Anja Kablar Crnoglavac, Operations Manager at Balkan Bet added: “Tom Horn Gaming has cemented its reputation as one of the most reliable and innovative igaming software providers in the industry, and we’re delighted to have rolled out their portfolio of superb video slots. We’re certain their games will prove a hit with all Balkan Bet’s players.”

Now licensed in multiple jurisdictions, Tom Horn Gaming continues a period of strong commercial growth, delivering quality content to leading operators and aggregators around the world. The industry experts will be able to see their latest products and services at ICE on stand N7-410 in London in February 2019.

 

 

About Tom Horn Gaming

Tom Horn Gaming is an omni-channel software supplier with a rich portfolio of casino games. This includes an extensive collection of cross-platform video slots, available on mobile, desktop and terminal. Their content boasts a multitude of features and promotional tools, as well as a wide variety of themes. It also offers eye-catching graphics and engaging maths models, which have been carefully developed to suit players in international markets. The company’s considerable experience in both the online and land-based environment, allows them to deliver highly-engaging and commercially successful content that players want to play. Tom Horn holds licences in the UK and Malta. For more information visit: www.tomhorngaming.com

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NSoft and PowerBet announce their partnership

Zoltan Tundik

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NSoft, a provider of omni-channel content solutions for the gaming and betting operators worldwide, has strengthened its position on the Romanian market by offering Live Betting MTS through the PowerBet.

NSoft Live Betting MTS provides odds from industry’s leading trading service provider, Betradar. The fully automated and integrated service is user ready and requires only very limited resources to offer truly impressive
live betting sports and markets.

NSoft has developed a sophisticated Live Odds application that is simple to use, with modern, responsive design and with real-time updates from the odds provider.

Within Live MTS based on Betradar Live Odds Feed Powebet’s players will benefit from odds automatically adapted to a particular situation of the event that allows in-play betting until the very last second. NSoft’s live sports betting package covers 18 different sports and includes 20.000 live matches and 600+ unique markets per month.

Contact NSoft at sales@nsoft.com and find out about the latest novelties.

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Albanian president signs new law that restricts gambling

Niji Ng

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Albanian president signs new law that restricts gambling
Ilir Meta, President of Albania. Photo Source: Albanian Parliament
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Albanian President Ilir Meta has put his signature in the new gambling bill in the country to make it part of the law. The new law, titled Law No. 75/2018 On Several Amendments and Changes to Law No.155/2015 On Gambling in the Republic of Albania, aims to crack down on all forms of gambling.

The new law will come into force on 1 January 2019.

The proposals of the new legislation were proposed by Prime Minister Edi Rama and were unanimously approved in the Parliament during voting, with opposition members boycotting voting process.

The amended law bans all casinos and other physical gambling facilities from operating in residential areas. Casino gambling will only be allowed at five-star hotels and tourist areas around the country. Slot machine halls and other venues providing gambling services will have to relocate to city outskirts or close in order to comply with the recently approved changes.

Prime Minister Rama did not spare online gambling, as well, in his effort to curb the proliferation of gaming and betting activities in his country. Under the amended law, all betting and casino operations provided remotely will have to shut down.

 

Source: CasinoNewsDaily

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