Connect with us

Balkans

Bulgarian Bill Proposes Closure of Most Casinos

Published

on

Reading Time: 2 minutes

 

A political leader has presented a bill to the Bulgarian parliament which proposes the closure of most of the country’s casinos and gambling halls by the end of 2025.

Put forward by Valeri Simeonov, leader of the National Front for Salvation of Bulgaria (NFSB), the bill proposes that casinos and gambling halls be allowed only at five-star hotels and at ten resorts located within 20km of the border.

Simeonov’s objective is for casino gambling to be aimed only at foreign tourists rather than Bulgarians. The move would mean closing around 75% of the country’s land-based casinos and gambling halls.

Casino games would be offered by the state only, and all visitors to casinos and gambling halls would be checked against the register of gambling addicts.

He appeared to recognise that the bill could be detrimental to his party’s standing and would attract fierce criticism, but said it was necessary to fight against gambling addiction.

Simeonov reportedly said of gambling: “It’s a pandemic, like the Coronavirus. There are cases of suicide, mortgaging the home, loss of everything. This must end.”

The Bulgarian Gaming Association BTAGI said if the bill was approved it would close 638 casinos, risking 30,000 jobs, while pushing players to the unregulated market and leading to a major loss of tax revenue for the state.

BTAGI said in a statement: “The project submitted by MP Valeri Simeonov (…) creates conditions for an uncontrollable increase in illegal gambling.

“Global practice shows that the restriction of regulatory opportunities for the development of the gaming industry creates a favourable ground for the development of illegal gambling, which cannot be effectively controlled.

“In this situation, the consumer will not be able to be protected and all regulations to combat gambling addiction will be completely inapplicable. Once the business enters the criminogenic contingent, conditions are created for corruption to flourish.

“The closure of gambling halls and casinos that do not meet the restrictive requirements to be in 5-star hotels and in resort and border locations raises doubts about lobbying interests.

“With the proposed regime, the work of a legal, well-organised and operating on the principle of free economic initiative sector will be blocked, providing an opportunity to redirect and limit to a certain circle of persons: owners of luxury hotels.”

Powered by WPeMatico

Continue Reading
Advertisement

Balkans

Kiril Kirilov takes on new leadership role at CT Interactive

Published

on

kiril-kirilov-takes-on-new-leadership-role-at-ct-interactive
Kiril Kirilov has been named Chief Customer Success Officer (CCSO) at CT Interactive, representing a notable achievement in his career and underscoring the firm’s dedication to leadership quality.
In the last four years, Kiril has progressed through three key positions—from Account Manager to Head of Account Management—before taking on his current executive role, consistently showcasing robust leadership, business insight, and industry knowledge.
Kiril leverages a strong background in Account Management and Customer Relationship Management (CRM) to implement a customer-focused, results-oriented strategy for CT Interactive’s commercial endeavors. His selection demonstrates the company’s dedication to nurturing internal talent, maintaining leadership continuity, and enhancing collaborations via seasoned, growth-focused executive management

The post Kiril Kirilov takes on new leadership role at CT Interactive appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Balkans

CT Interactive Appoints Martin Dimitrov as its New Commercial Manager

Published

on

ct-interactive-appoints-martin-dimitrov-as-its-new-commercial-manager

 

CT Interactive has appointed Martin Dimitrov as its new Commercial Manager. Martin brings over eight years of experience in sales, client management and business development, with the past two years dedicated to the dynamic iGaming industry.

Throughout his career, Martin has managed a diverse portfolio of clients and partners, successfully developing and strengthening long-term commercial relationships. His active participation in key industry events has enabled him to build an extensive professional network and maintain a strong, up-to-date understanding of market trends and dynamics.

Martin’s strong leadership and strategic thinking allow him to identify new business opportunities, drive sustainable growth and support partners with tailored commercial solutions. His collaborative approach and results-driven mindset make him a trusted point of contact for clients and colleagues alike.

With his deep understanding of the iGaming landscape and proven commercial expertise, Martin Dimitrov is a valuable addition to the CT Interactive team.

The post CT Interactive Appoints Martin Dimitrov as its New Commercial Manager appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Balkans

CT Interactive Appoints Vasil Parvanov as Team Lead, Commercial Managers

Published

on

ct-interactive-appoints-vasil-parvanov-as-team-lead,-commercial-managers

 

CT Interactive has appointed Vasil Parvanov as Team Lead, Commercial Managers. In this role, he will be responsible for managing the commercial team and supporting the company’s growth through strategic partnerships and data-driven decision-making.

With a strong background Vasil brings his extensive experience to the CT Interactive team. His expertise includes developing CRM and customer segmentation strategies, designing onboarding and engagement journeys, and implementing cross-selling and upselling initiatives that improve retention, customer loyalty and long-term value.

This promotion reflects CT Interactive’s commitment to nurturing internal talent and ensuring that partners continue to work with an experienced, and growth-oriented commercial leadership team. In his new role, Vasil is expected to play a key part in strengthening CT Interactive’s commercial performance and driving sustainable growth.

The post CT Interactive Appoints Vasil Parvanov as Team Lead, Commercial Managers appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania