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Lafka Market Stops Operations After Bulgaria’s Gambling Law Changes

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Lafka Market Stops Operations After Bulgaria’s Gambling Law Changes
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Changes in Bulgaria’s gambling law have caused the major local retailer Lafka Market to close its operations because of the loss of private lottery revenues.

Last week, the Bulgaria State Gambling Commission (BGC) issued a statement announcing the formal imposition of the new laws of the country restricting lottery operations to those run by the Bulgarian Sports Totalizator. Other lotteries were ordered to “cease the distribution and sale of tickets, coupons, cards or other tokens” related to private lottery operators and, in the presence of BGC staff, destroy all unsold tickets by the end of the year.

Lafka Market, which boasting around 1100 retail locations across the country, announced that it will shut down its operations. Lafka said it generated revenue of BGN240 m (US$ 133.2 m) in 2018 but much of that revenue was obtained through sales of products issued by the privately-run National Lottery and Lottery Bulgaria.

Bulgaria might have limited its lottery operations to the state but the country has made no move to revoke the licences it issued to several private online gambling operators, including familiar Western brands such as Bet365, Betfair, Bwin and PokerStars.

Balkans

CEEGC Budapest ’22 Speaker Profile: Andrius Gabnys – Founding Attorney at Gabnys.Gabniene

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The 7th edition of CEEGC Budapest and CEEG Awards will take place on 16 September 2022 and welcomes leading operators, service providers, and gambling industry experts from all across Central and Eastern Europe, and the Balkans regions.

Find more details here | Register / Get tickets here 

 

#ceegc2022 –You are invited to join the eminent gaming conference in the Central and Eastern European region.

It would be our honor to see you at the seventh edition of the yearly Central and Eastern European Gaming Conference which includes several panel discussions about regulatory updates in the region, industry topics, technology workshops, quality networking opportunities, and the prestigious CEEG Awards.

CEEGC and the CEEG Awards is the key event of the Central and Eastern European region during Autumn and brings a wealth of information while also focusing on quality networking.

As mentioned above the conference will take place on the 16th of September in Budapest at The Ritz-Carlton Budapest and is bringing a new format that will allow more interaction among the attending delegates.

The event gathers experts who share their knowledge around compliance-related matters and updates from the CEE, Balkans, and CIS, and even includes talks about the Scandinavian region and North America to the participants! Make sure you are one of them!

Each week we are introducing some of the great minds that are going to share the stage in Budapest and bring you the latest and most vital information.

Today, we are introducing: Andrius Gabnys – Founding Attorney at Gabnys.Gabniene

Andrius Gabnys is Founding Attorney at Gabnys.Gabniene, a legal boutique based in Vilnius, Lithuania and Tallinn, Estonia. The Firm specializes in entertainment (gambling, media, arts) and technology (IT, cybersecurity) legal aspects. Andrius Gabnys has been working in the online gambling sector for over 10 years, and focuses on the multijurisdictional licensing, IP and related matters. He has an extensive experience dealing with the gambling authorities in Europe, CIS countries, Africa and South America.

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

The summit has the support of Global Bet and Nordic Gambling as sponsors.

Here is what the participants of the CEEGC series are saying:

“CEEGC in Budapest 2019 was my first of hopefully many European Gaming Media events. Combining a balanced and interesting range of topics presented by quality speakers and an excellent networking environment, the organizers did a great job of demonstrating that they know what they are doing to make a great conference.” – Jessica Maier, LLM, Partner at MELCHERS law firm

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Balkans

CEEGC Budapest ’22 Speaker Profile: Dan Iliovici – Vice President at Rombet

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Reading Time: 2 minutes

 

The 7th edition of CEEGC Budapest and CEEG Awards will take place on 16 September 2022 and welcomes leading operators, service providers, and gambling industry experts from all across Central and Eastern Europe, and the Balkans regions.

Find more details here | Register / Get tickets here 

 

#ceegc2022You are invited to join the eminent gaming conference in the Central and Eastern European region.

It would be our honor to see you at the seventh edition of the yearly Central and Eastern European Gaming Conference which includes several panel discussions about regulatory updates in the region, industry topics, technology workshops, quality networking opportunities, and the prestigious CEEG Awards.

CEEGC and the CEEG Awards is the key event of the Central and Eastern European region during Autumn and brings a wealth of information while also focusing on quality networking.

As mentioned above the conference will take place on the 16th of September in Budapest at The Ritz-Carlton Budapest and is bringing a new format that will allow more interaction among the attending delegates.

The event gathers experts who share their knowledge around compliance-related matters and updates from the CEE, Balkans, and CIS, and even includes talks about the Scandinavian region and North America to the participants! Make sure you are one of them!

Each week we are introducing some of the great minds that are going to share the stage in Budapest and bring you the latest and most vital information.

Today, we are introducing: Dan Iliovici – Vice President at ROMBET

Dan Iliovici is Vice President of ROMBET – Romanian Gambling Organizers’ Association, one of the most important associations in the industry. With a rich experience in the gambling industry, former President of the Romanian gambling regulator – The National Gambling Office, Dan Iliovici is one of the personalities who contributed the most to the industry’s professionalization. Over the years, he was involved in the Romanian market transformation into a consolidated and transparent industry, with a strong focus on responsible gambling. Dan Iliovici is also the Vice President of Asociatia Joc Responsabil (Responsible Gaming Association in Romania – www.jocresponsabil.ro)

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

The summit has the support of Global Bet and Nordic Gambling as sponsors.

Here is what the participants of the CEEGC series are saying:

We had an excellent time at the CEEGC networking and participating in the payment discussion panel. Not only was it a great chance to catch up with some of the CEE region’s major players, but also to stay on top of such a dynamic region’s evolving trends and developments.” – Simon Dorsen, Director of Gaming, OKTO

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Balkans

SoftGamings Set to Attend SiGMA Balkans/CIS Summit in Belgrade, Serbia

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SoftGamings Set to Attend SiGMA Balkans/CIS Summit in Belgrade, Serbia
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SoftGamings has its eyes set on SiGMA Balkans/CIS conference in Belgrade, slated for 22–25 August 2022, at Belexpocentar.

As part of its efforts to showcase its products in a growing iGaming market, SoftGamings is making its way to Belgrade, Serbia — a country filled with incredible history, fantastic cuisine, and a propensity for night-long parties.

SiGMA conferences are one of the most important gatherings in the gaming community, with thousands of industry experts involved in panel discussions, speeches, and sharing experiences and visions for the future of gaming.

SoftGamings takes great pride in being among them and looks forward to welcoming all guests and operators at the stand S-15, where attendees can get a closer look at the company’s entire gaming portfolio and different products and solutions. Among these are the integration of casino games through the use of a unified API integration module, Turnkey and White Label casino solutions, and a recently MGA-licensed sportsbook powered by Betradar.

Our devoted team will be more than happy to give you region-specific information about our products and how you can implement them in your existing business or start your own gaming business. Demo versions of our products will also be available, together with all the benefits and advantages of our casino game integration platform powered by 200+ providers, banking and payment solutions, and much more.

Commenting on SoftGamings’ scheduled participation at SiGMA Conference in Belgrade, Anna Lalina, Director Of Partnerships, stated: “The SoftGamings team is ready to take the stage at SiGMA Balkans/CIS conference in Belgrade. We are fresh off strong outings at ICE London and iGB Live in Amsterdam and looking to continue the streak of successful presentations of our products and solutions in Belgrade as well. Mark the stand S-15 on your agenda to get acquainted with our products and services, or reach out to our representatives to arrange a private meeting.”

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