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How did Betway enrich the Bulgarian gambling market?

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Some gambling markets worldwide have gone through massive changes in the last couple of years. One of them is in Bulgaria, a country where gambling is legal, but it became a lot more popular after the arrival of some iGaming companies. Speaking of the devil, the Bulgarian gambling market was enriched by Betway, a company that is a household name in many other countries. Known for its strive for success and top-rated betting options, Betway is a brand that quickly “stole” many online bettors in Bulgaria who already used other platforms.

Although this betting operator is the leader in the UK, South Africa, Ghana, and a couple of other places, some people in Bulgaria haven’t heard of it before. However, once they’ve discovered the things it offers, they decided to put it to the test.

Betway provides a really impressive selection of options to new and experienced gamblers, so let’s check some of the things it did to enrich the Bulgarian gambling market.

 

The company included some of its popular bonuses

One of the things that Bulgarian online bettors have to keep in mind about Betway is that the company has not added all of its proposals yet. This means that some of the offers available to users in the UK or in other countries are not accessible to Bulgarian bettors.

With that being said, the site has options like #BetYourWay, which is one of the many things that made it popular in the first place. There are a few other propositions like Betway Boost, which is often the preferred promotion for gamblers who use this operator in other countries.

Betway definitely made eSports way more popular in Bulgaria

Every gambling company that wants to open an online bookmaker in Bulgaria has to check the things that locals usually bet on. Similar to most European countries, Bulgaria is a place where football dominates the online betting industry. Therefore, every site provides various football betting options, different markets, and good odds.

As expected, the review of Betway Bulgaria shows that this site also provides an impressive selection of football betting options. With that being said, the company had a crucial role when it came down to eSports, one of the fastest-growing industries in the world.

Some online bettors in Bulgaria like eSports because of the high odds, but most gambling companies in the country do not offer that many options, which means they choose other sports. However, since Betway is one of the biggest sponsors in eSports, it provides tons of games, unique markets, and good odds to all Bulgarian online bettors interested in these options.

Although eSports may not be the leading option for online bettors in the country yet, this won’t be the case in the future. Bulgaria has some of the best Dota 2 and CS:GO players globally, which has a positive effect on those things’ popularity.

Despite the fact that Betway does not sponsor the teams that have Bulgarian players, this can easily change because the company will try to become even more popular among local online punters.

Betway introduced better virtual sports 

Virtual sports are not new to the online betting industry. In fact, many people have been using them for many years now because of their good odds and the fact that they can put them to the test whenever they feel like it.

Although some of the betting platforms in Bulgaria allow their users to put those options to the test, their virtual sports are not on the same level as those available at Betway. This top-notch gambling company provides way more high-quality options created by the best software suppliers in the world.

 

Eastern Europe

EGT Digital and PublicWin: A Successful Combination in Romania

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One more prominent betting site in the Romanian market enriched its gaming portfolio with the top-performing slots of EGT Digital. The titles of Bell Link and Clover Chance jackpots have won the hearts of the visitors to PublicWin’s site since the very beginning, currently being among their favourites.

Tsvetomira Drumeva, Head of Sales at EGT Digital, said: “We are happy that EGT Digital’s games are once again demonstrating excellent performance. We would like to thank Public Win for choosing us as one of their providers of high-quality casino games, and I believe that we will soon have the opportunity to expand our partnership with them.”

Alex Marin, COO at PublicWin, said: “EGT Digital’s titles fit perfectly into our concept of always offering to our customers fresh and attractive gaming content. The results so far show that we have made the right decision and in the near future players on our site will be able to enjoy more slot products of the Bulgarian provider.”

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Compliance Updates

Romania Bans Gambling Venues in Small Towns and Villages

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Romania has announced a ban on gambling venues in small towns and villages with populations of less than 15,000 residents.

What’s known as the “law of slot machines” was passed by deputies in the lower house of parliament. “It is the first law adopted in Parliament in 30 years against this mafia that has controlled the political world until now,” said Alfred Simonis, the leader of the Social Democrats.

“Right now we are fighting an industry that has a total turnover of €10-12 billion.”

Industry figures complain they were not consulted, and hope that the authorities will control the black market as they promised.

Despite the unanimous vote, there was some dissent within the chamber. Two opposition parties that want to ban the “scourge” of gambling outright accuse the government of collusion with the gaming sector for not taking a stronger position.

On another front Ionut Mosteanu, the leader of the opposition USR, questioned how lawmakers had set the threshold.

“They thought that slot machines only damage 15,000 people,” he said. “There was not even a debate to see how many townships qualify for this 15,000. Why not 16, 17, why not two million and you would ban them definitively?”

Gambling venues have become ubiquitous across Romania over the last few decades. The National Gaming Office, the state body that monitors and approves the sector, has registered 12,000 sports betting, bingo, casino, lottery rooms.

The state collects taxes from gambling venue licenses and online ticket sales as from the amount betting houses spend on advertising.

There are no recent data to indicate how many people in Romania are addicted to gambling. The last survey was conducted in 2016, and found that there could be around 100,000 addicted people across the country. The number today could be much higher.

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Conferences in Europe

Altenar becomes General Sponsor of EEGS 2024

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Altenar becomes General Sponsor of EEGS 2024
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The acclaimed Eastern European Gaming Summit (EEGS) gladly welcomes Altenar, a leading sports betting software provider, as a General Sponsor for this year’s edition of the event. The conference will be held on 27th and 28th of November at the IEC, Sofia, Bulgaria. For another consecutive year Altenar joins the event as a major sponsor with total commitment for fostering innovation and growth in the gaming and entertainment industry, as a whole. This enduring long standing partnership has brought significant mutual benefits and opportunities for both parties and all event participants over the years.

Altenar is delivering best-in-class solutions for licensed operators around the world. Ranging from a standalone sportsbook product to the provision of a turnkey sportsbook solution, Altenar offers proven stability coupled with a flexible and personalised service.

Launched in 2011, Altenar powers hundreds of online sports betting sites, while their self-service betting terminals and mobile app help ensure they meet all operator needs, with an exponentially growing client base in more than 30 countries.

Altenar COO Dinos Stranomitis said: “In Altenar we consider EEGS and BEGE as a key event to establish connection with East and Southeast Europe. Considering that Bulgaria is playing a key role in that region, our presence is a must. See you in Sofia.”

Altenar is an invaluable partner, thus contributing to the success and vibrancy of EEGS itself. The continued support highlights a shared commitment to excellence and progress within the industry, making this year’s event an essential platform for associated industry luminaries and entrepreneurs to explore the latest trends and opportunities in gaming, entertainment and hospitality in general.

The Eastern European Gaming Summit (EEGS), the premier conference of the region, provides a dynamic platform for industry leaders, innovators, and entrepreneurs to connect, collaborate, and explore the latest trends and opportunities shaping the gaming and entertainment landscape.

No doubt you wish to position your company alongside the Conference and exploit our expertise.

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