Balkans
Bulgarian Cabinet Backs Bill Banning Private Lottery Games
Bulgarian Cabinet has given its backing to the gambling bill banning private lottery games.
Speaking to reporters in Parliament, Finance Minister Vladislav Goranov said that Bulgaria would be imposing a state monopoly, rather than nationalise existing companies.
One of the largest private lottery operators in Bulgaria, National Lottery, said in a statement on its site that âthe nationalisation of private business is an unacceptable precedent that will lead to irreversible consequences for the state, legislative and executive branches.â
Goranov said that the change would bring increased revenue, as well as support Bulgarian sport. State lottery operator Bulgarian Sport Totalisator is required by law to pay out a significant part of its revenue to the Sports Ministry, which then allocates the money to individual sport federations.
âThe market should not be growing for the sake of it, because in gambling, oneâs spending is anotherâs revenue. We witness how with their last money, especially at petrol stations and it is staggering, people re-fuel for 10 leva and spend 20 leva on gambling,â Goranov said.
Goranov also said that he would, separately from the bill in Parliament, put forward a proposal to restructure the State Gambling Commission, after an analysis by the finance ministry showed that the gambling regulator âmade contradictory decisions over the years, which shows that there are accumulated faults that must be fixed.â
Balkans
Synot Group Debuts at the BEGE in Bulgaria
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For the first time ever, SYNOT Group will present its extensive product portfolio at the Balkan Entertainment and Gaming Exhibition, which will take place from 27th to 28th November at the Inter Expo Center in Sofia, Bulgaria.
âWe are delighted to invite all visitors to our booth 2.18 where they will have the opportunity to explore SYNOTâs advanced multigame progressive jackpot systems MAGIC BALL LINK and SUPER LINK, which offer a wide range of exciting themed and fruit linked games,â the company said.
âVisitors can also discover SYNOTâs latest cabinet portfolio, including the state-of-the-art UP2-32, Eclipse FL-32 and UP1-27 models, as well as the latest games from the Firebird system and the proven Explosive Games Premium+ sets.
âVisitors interested in online slots or comprehensive iGaming solutions should not miss the online section, where representatives from SYNOT Games and SYNOT Interactive will be demonstrating the full range of products.
âGiven the strategic importance of the Balkan market, our participation at BEGE is of great importance to us. We look forward to interacting with all visitors, presenting our innovative products and demonstrating the SYNOT Groupâs cutting-edge solutions. This event is a valuable opportunity to strengthen relationships with both new and existing partners and to explore how our comprehensive land-based and online portfolios can drive mutual success.â
The post Synot Group Debuts at the BEGE in Bulgaria appeared first on European Gaming Industry News.
Balkans
Endorphina Partners with Volcanobet
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The leading online slot provider Endorphina has recently partnered with Volcanobet, the largest concessionaire in the field of gambling in Montenegro.
âWeâre thrilled to partner with Volcanobet, bringing our top-quality slot games to Montenegro and fueling their dynamic expansion into the Serbian and Bosnian markets. This collaboration strengthens our regional footprint while offering Volcanobetâs players an exciting and diverse gaming experience with our portfolio of thrilling slots,â Lohith Chittajallu, Partnerships Manager at Endorphina, said.
âThe newly formed partnership between Vezuv â Volcano (Volcano BET) and Endorphina is set to elevate the gaming experience for the users and bring a new and exciting level of entertainment,â Lena BoĆĄkoviÄ, Director of Corporate Communications at Volcanobet, said.
Volcanobet is the largest iGaming brand in Montenegro, offering an impeccable supply of online entertainment and quality services. Committed to responsibly contributing to the environment and society, Volcano builds trust and takes care of its people and capital.
The post Endorphina Partners with Volcanobet appeared first on European Gaming Industry News.
Balkans
BEGE celebrates 15 years as Eastern Europeâs premier gaming expo
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The most significant event for the gaming industry in Eastern Europe â the Balkan Entertainment & Gaming Expo (BEGE) â will bring together leading companies, innovators, and industry representatives on November 27 and 28 for its 15th-anniversary edition. In celebration of this milestone, the organizers have prepared numerous surprises and special awards.
Once again, BEGE will offer a rich program, uniting industry leaders, investors, and successful entrepreneurs to share ideas, technologies, and inspiration. Visitors will have a unique opportunity to explore the latest gaming technologies, try out innovative solutions, and enjoy impressive demonstrations.
Traditionally, the first and second days of the event feature the EEGS conference, where internationally recognized speakers will present analyses and discussions critical to the development of the gaming industry. Special panels will provide a platform for leading gaming experts to discuss the future of the industry, emerging trends, and initiatives promoting responsible gaming practices.
For the first time, BEGE will welcome startups, offering them the opportunity to participate in Gaming StartUp Challenge 6.0. This challenge provides a unique opportunity to meet with key industry figures. The most promising startups will be recognized and granted invaluable access to the experience and insights of industry leaders.
As always, the exhibition begins with the BEGE Awards ceremony, a symbol of recognition for innovation, outstanding achievements, and success across various sectors of the gaming industry, with awards such as âOnline Provider of the Yearâ and âOnline Game of the Year.â The awards will be presented on November 26 at an elegant dinner at Black&White club in Sofiaâs Grand Hotel Millennium.
A key highlight of the program is the Proximity Zone, providing companies with additional visibility through live-streamed interviews and product presentations with leading global brands and experts.
BEGE is a must-attend event for anyone with an interest in the gaming industry. This year, more than 80 exhibitors and over 6,000 visitors from 70 countries are expected, making it a place where the passion for gaming and innovation meets business opportunities.
The post BEGE celebrates 15 years as Eastern Europeâs premier gaming expo appeared first on European Gaming Industry News.
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