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UltraPlay brings two awards after ICE London

George Miller

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UltraPlay brings two awards after ICE London
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Advanced betting solutions provider UltraPlay won the eSports Betting Software of the year at the International Gaming Awards (IGA) and ICE London Landmark Award marking the company’s 10 years on the market.

IGA is traditionally held a day before ICE London, celebrating the achievements and innovations of the leading companies in the gambling industry. The second accolade was given by ICE London marking the company’s anniversary milestone in the industry.

Dariy Margaritov, Founder of UltraPlay has commented: “Those two awards are very special for our organization. I would like to thank the International Gaming Awards and ICE London. It’s a great start of the business year for us. We are honored to be acknowledged for our leading position as an eSports betting provider and iGaming company with 10 years on the market.”

During ICE London, 4-6 February, UltraPlay’s iGaming experts presented the latest company’s developments on their advanced iGaming platform, sports and eSports betting solutions. Hundreds of visitors from across the globe stopped by and met with the team to discuss the various lucrative opportunities UltraPlay is offering. From the enhanced sports product giving unrivaled flexibility to all sportsbooks, ODDS.GG and its extensive eSports betting options to the thrilling online casino, virtual sports and crypto betting that are attracting both operators and players globally.

UltraPlay has once again confirmed an increased interest towards the eSports betting offering, with operators from various jurisdictions looking to integrate this vertical on their websites. The newly designed interface of ODDS.GG is already available to all ready to explore more about UltraPlay’s multi award-winning solution and join the eSports scene.

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Lafka Market Stops Operations After Bulgaria’s Gambling Law Changes

Niji Narayan

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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.

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Albanian Police Crackdown on Betting Shops

Niji Narayan

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Albanian Police Crackdown on Betting Shops
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Albanian police have cracked down on people operating illegal betting shops. More than 1500 police took part in the operation in Tirana and seven other cities.

Police arrested 115 people and 26 others are being investigated. They are the owners, managers or employees of the shops. Police also seized 17.2 million leks ($150,000) and hundreds of computers and other electronic devices.

In 2018, Albania’s parliament voted to remove gambling from residential areas to curb its spread. Casinos are now only allowed in a few large hotels, while there are no legal shops taking bets on sports and racing.

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Bulgaria Asks UAE for Extradition of Gambling Tycoon Vasil Bozhkov

Niji Narayan

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Bulgaria Asks UAE for Extradition of Gambling Tycoon Vasil Bozhkov
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Bulgaria’s ministry of justice has requested the United Arab Emirates to extradite gambling tycoon Vasil Bozhkov, who was charged in absentia with extortion, influence peddling and money laundering among other offences. Bozhkov was detained in the United Arab Emirates at the end of January.

The justice ministry said it had sent the extradition request and more than 200 pages of documents translated in Arabic to the Bulgarian embassy in the UAE to be handed to the authorities.

Bulgaria does not have an extradition agreement with the UAE, but hopes that its request will be respected.

“We want him returned to Bulgaria to be brought before the Bulgarian court,” Bulgarian chief prosecutor Ivan Geshev said.

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