Balkan's
49 gamblers turn millionaires in 2017 in Bulgaria

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
Balkan's
Advertisement banning trends in the European Union and the Balkans, subject of the IMGL MasterClass in Prague

There has been a recent wave that has swept across the gambling industry and had the form of banning gambling related advertisement. This is the case in many European jurisdictions, but we are not excluding that this is a global wave. Media outlets have reported that such bans are scheduled to be included in Asia as well.
In Sweden, new online gambling operators may lose their ability to market their products entirely if the government takes note of new survey results which shows more than half (53%) of Swedes believe gambling advertising should be banned.
The latest survey results are not a surprise and come to complement the Minister of Civil Affairs Ardalan Shekarabi beliefs, who has summoned all 69 Swedish online gambling licensees to a meeting on the 14th of February to discuss their marketing activities. Just earlier, Shekarabi publicly contemplated following the UK’s lead and banning all gambling promos during live sports broadcasts.
About two weeks ago, Niels Folmann, director of the state-run former gambling monopoly Danske Spil, told local media that the Danish government should follow the UK’s lead and enact a blanket prohibition on gambling advertising during televised live sports events.
These subject are among the reasons why we have asked the experts of the industry from IMGL to present a MasterClass during the event which will focus on these aspects and treat the industry is currently facing in several European jurisdictions and also in the Balkans.
You can Register here or View the Agenda
Italy in the focus – Good news and bad news
The Italian gambling authority, Agenzia delle dogane e dei monopoli (ADM), released the list of the approved candidates that will be allowed to operate in the local market. Their licenses will be valid through December 31, 2022. The regulator has awarded 66 concessions and has also issued licenses to four other companies which will treat with reserves for reasons it said it would communicate to the licensees themselves.
Even if the Seria A gambling sponsor ban has been delayed until July, there are still lots of tensions in the “lo Stivale”. The Italian soccer clubs have been permitted to keep existing betting deals until the end of the season. The extension follows the enforcement of a government-led blanket ban on gambling advertising throughout Italy.
The ban applies to all gambling-related products and services across all media platforms – including television, websites, and radio – and sports clubs are also to be prohibited from carrying sponsors from the industry.
While the delay to the implementation of the ban is a positive for soccer clubs in the country, the move merely marks a delay to a law that could have severe consequences for Italy’s soccer industry.
Operators within the gambling industry have criticized the new measures, warning that prices may rise and the illegal gambling sector could benefit as a result.
In an open letter written in July to Luigi Di Maio, the government’s Deputy Prime Minister who authored the decrees, Italian-licensed gambling operator LeoVegas added that the ban wouldn’t achieve a significant reduction in gambling activity. Rather, he wrote, it would lead to a surge in advertising by gambling operators not holding Italian licenses. (source sportspromedia.com)
Quirino Mancini, the Global Head of the Gaming and Gambling Practice at Tonucci & Partners will take the role to give an in-depth review of the Italian market.
The company he represents, Tonucci & Partners, is a top-ten Italian general practice firm with offices in Rome, Milan, Brescia, Padua, Florence, Tirana, Bucharest, and Belgrade.
Quirino is one of the leading Italian gaming and gambling lawyers with a specialist practice of almost 20 years. He acts for Italian and foreign-based online and land-based companies operating in the Italian gaming market, advising them on legal, licensing, regulatory, day-to-day compliance and any other operational aspects connected to their activities. He also runs a bespoke matchmaking and business strategy service to provide clients with a customized type of assistance that includes also introduction and facilitation of dealings with the local regulatory authorities, banks as well as scouting and suitability checks on potential business partners.
Quirino is a regular speaker at most international gaming conferences and sits in the editorial board of various sector reviews and magazines. Co-founder and editor of www.gaminglaw.eu, a pan-European information and commentary portal focusing on legal and regulatory issues under European and national gaming laws.
Secretary and fellow member of the Leadership Committee of the International Masters of Gaming Law (IMGL), a worldwide organization gathering regulators, lawyers and advisors, in-house counsels and educators engaged in the gaming business. A fellow member of the International Association of Gaming Advisors (IAGA)
You can Register here or View the Agenda
Britain to blame for the situation?
If you have read the intro part of this article, you will find one common fact. In each situation, the UK gambling ban is cited. It seems everyone is following the idea of the advertisement ban which has been sparked last year.
UK press has just announced that it has been decided that gambling adverts will no longer be allowed to appear on websites or in computer games that are popular with children, under new rules designed to stop irresponsible gambling.
Bookmakers will be required to use every targeting tool possible to ensure online gambling promotions are not seen by under-18s. They will also have to avoid placing gambling adverts on parts of websites that are popular with children and stop using celebrities or other people who appear to be under 25 in their promotions. (source: theguardian.com)
Coming into force on 1 April, the guidelines devised by the Committees of Advertising Practice (CAP), which is responsible for writing and maintaining the UK advertising codes, will prohibit online ads for gambling products being targeted at individuals likely to be aged under 18. These standards cover all digital media including social networks and other online platforms.
This complements many other banning procedures, as you may know, from July 2018, the British betting industry has implemented a “whistle-to-whistle” ban on all TV betting adverts during pre-watershed live sports programming, with the exception of horse and greyhound racing.
William Hill has become the first UK-listed operator to call for a media strategy review in 2019, with competitors likely to follow suit as betting leadership adjusts to new advertising realities.
Russell Mifsud (Gaming industry specialist – Associate Director at KPMG Malta) will take on the role to discussing these aspects and how will report how operators are taking steps in order to comply while also keeping an eye on the brand strategy and business run.
Russell is an Economist and Associate Director at KPMG, who leads the firm’s gaming department. Russell provides insight on the industry externalities and commercial strategy for KPMG and our clientele across the board. He also helps drive a core group of professionals who specialize in gaming within the KPMG network globally. Russell also sits on the board of the Malta Remote Gaming Council and Silicon Valletta. He works closely with the KPMG Audit, Tax & Advisory teams locally and internationally in order to assist network with identifying risks and opportunities, with a view to adding strategic insight and guidance to clientele across the board.
Russell Mifsud and Quirino Mancini will be joined by leading experts from Central Europe, the Balkans and Germany to complement advertisement banning procedures which are being implemented or discussed in their jurisdiction.
Jaka Repanšek (Media and Gaming Expert), Zlatan Omerspahić (Data Protection and Compliance Lawyer at NSoft) and Martin Arendts (Founder of ARENDTS ANWAELTE) be the experts taking on this role while the MasterClass will be moderated by Dr. Matthias Spitz (Senior Partner, MELCHERS LAW)
Do not miss this opportunity to attend the IMGL MasterClass presented by members and non-members of the International Masters of Gaming Law at Prague Gaming Summit 3!
You can Register here or View the Agenda
Balkan's
The large B2B gambling industry conference in London is over, where to go next in S1

Year by year, the gambling industry is trying to reshape itself and explore new partnership opportunities and regional expansions to grow the B2C side.
Now, that the largest gambling industry conference has closed its doors, we would like to showcase some of the options you have for learning and networking in Europe that are going to take place in the first semester of 2019.
DACH, Central Europe and Eastern Europe
The third edition of Prague Gaming Summit, also known as #PragueGamingSummit3, will take place on the 12th of March at Vienna House Andel’s Prague and gathers will gather +150 delegates from all across Europe for a full day of learning and networking.
Here is a short list of the companies that you can meet in Prague: Multigate, iFortuna Slovakia, Odds1x2 Holding, TrafficLightMedia, Genesis Global, Tal Ron, Drihem & Co., PLANZER LAW, Zurich, Scout Gaming Group, Golden Race, All-in Translations, Hyperion Tech, PS Legal, Fortuna Group, Endorphina, Republis, Bird & Bird Poland, WH Partners, Playtech, Gabnys Law, OSM Solutions, ARQ Group Malta, Federbet AISBL, Mindway AI, Assissa, BETEGY, Austrian Association for Betting and Gambling, MME Legal, MELCHERS LAW, KPMG Malta, NSoft, ARENDTS ANWAELTE, Global Legal Group, Efbet, Greentube Internet Entertainment Solutions GmbH, NetEnt, Trustly, Boljoro and many more.
The conference will highlight compliance updates and expansion opportunities in the Czech Republic, Slovakia, Poland, Austria, Switzerland and Germany, while also focusing on trending industry topics topics such as the relationships between Regulators, Operators – Affiliates, MasterCard’s new requirements for Online Merchants (CFD, FX, Gaming, Crypto), understanding millennials (with emphasis on eSports, Daily Fantasy Sports, Online Slots Games and Virtual Sports), outsourcing for gaming companies, IT security, AML, KYC, CSR. +40 speakers are awaited to bring the latest in terms of content and business intelligence!
As the current status of some European jurisdictions dictates the rise of advertisement banning, we have invited the members of IMGL to hold an IMGL MasterClass that will focus on Advertisement banning trends in the European Union and the Balkans.
Do not miss this exciting opportunity to hear the latest information first hand at Prague Gaming Summit 3 and discuss collaboration possibilities with attending delegates!
You can Register here or View the Agenda
Full details about the event can be found on the official event website: www.praguegamingsummit.com
In the second part of S1, we are inviting you to the second edition of the most important conference in the Baltic Sea region, the MARE BALTICUM Gaming Summit, also known as The Baltic and Scandinavian Gaming Summit and Awards.
The Summit will the place on the 9th of May at Radisson Blu Royal Astorija Hotel in Vilnius (Lithuania) and will bring together the most influential gambling companies from Lithuania, Latvia, Estonia, Denmark, and Sweden.
The event will also be the launching pad for the first edition of the Baltic and Scandinavian Gaming Awards which will celebrate the top 30 companies form the two regions during an awards ceremony. You can find more details about the awards here!
The compliance-related information will be presented by the 5 regulators which will be present at the event and the summit promises to gather +125 leading companies under one roof for a full day of networking and learning.
You can find more details about the Agenda here
Browse the official event website here: www.marebalticumgaming.com
We hope to see you there and make sure to plan your autumn events calendar after checking out to opportunities we have at the fourth edition of CEEGC and CEEG Awards Budapest, and the leading conference in Europe that covers +20 jurisdiction updates, the European Gaming Congress, held in Milan, Italy.
Balkan's
Montenegro citizen booked in Čitluk for circulating counterfeit Euro banknotes

A Prosecutor’s Office of BiH has ordered the custody of a citizen of Montenegro for allegedly circulating counterfeit Euro currency in the territory of Čitluk.
After interrogating the suspect, Department III of the Prosecutor’s Office of BiH, started a motion to the Court of BiH for ordering custody for the suspect Radule Popović, born in 1963 in Nikšić, a citizen of Montenegro.
The charges against him are that he has used 26 fake Euro banknotes in the denominations of €100 to engage in gambling activities in the Čitluk area. He also allegedly offered the notes to another person who collected money in KM (BAM) currency from a cash collection machine. The suspect was deprived of liberty by SIPA police officers of, after which the suspect was searched, as well as the facilities and vehicles he used.
The custody for the suspect was moved for detention reasons described in Article 132 (1) (a) of the Criminal Procedure Code of BiH, that is, because of the risk that the suspect might flee from Bosnia and Herzegovina and thus, as he is a citizen of another country, become inaccessible to the judiciary of BiH.
The motion for ordering custody was sent to the Court of BiH.
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