Balkans

Bulgaria Plans to Increase Gambling Tax

Published

3 months ago

November 11, 2025

Reading Time: < 1 minute

After banks helped the Ministry of Finance (MF) fill the budget gap this year, the ministry has chosen another sector to help patch up the deficit in 2026. This sector is gambling, which will pay higher license fees for organising games, according to Economic.bg in the Updated Medium-Term Budget Forecast for the period 2026 – 2028.

It states that with amendments to the Gambling Act, the variable part of the two-component state fee payable for maintaining a license for lotteries, raffles, toto, bingo, keno, and others will be increased as of January 1, 2026.

Currently, the two-part license maintenance fee consists of a one-time fee of BGN 300,000 and a variable part of 20% on the difference between the value of bets received and winnings paid out. For games for which participation fees and commissions are collected, this 20% is imposed on their value accordingly.

For online betting, the one-time fee is BGN 400,000, and the variable part is again 20% on the difference between the bets received and the winnings paid out.

Now, instead of 20%, gambling operators are being asked to pay 25% on the difference. The 5% point increase is expected to contribute an additional €32 million in revenue to the treasury.

“The planned increase in the fees payable by gambling operators is aimed at generating additional revenue for the state budget and thus providing additional funds for social and economic expenditure, which is in the public interest,” the Ministry of Finance said.

It is interesting, however, that the effect of the measure in 2027-2028 has not been calculated.

Temenuzhka Petkova’s idea is actually an old one, left over from the discussions on the 2025 state budget by the caretaker government of former Prime Minister Dimitar Glavchev.

The post Bulgaria Plans to Increase Gambling Tax appeared first on European Gaming Industry News.

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Expanse Studios Signs Content Distribution Deal with Lobbet

Published

1 week ago

February 11, 2026

Wladimir P.

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Expanse Studios, a subsidiary of Golden Matrix Group, has signed a content distribution agreement with Lobbet, a licensed sports betting and iGaming operator in Montenegro and part of the Fortuna Entertainment Group (FEG). The distribution will be delivered through DualSoft, a leading aggregation platform with an established footprint across regulated European markets.

Under the agreement, Lobbet will integrate Expanse Studios’ proprietary iGaming content into its online offering, expanding the availability of Expanse titles within the Montenegrin regulated market. DualSoft will facilitate distribution and technical integration, enabling scalable deployment across its broader operator network.

The transaction further strengthens Expanse Studios’ presence in regulated European markets and supports Golden Matrix Group’s broader B2B growth strategy. DualSoft represents a high-potential distribution channel, serving more than ten active operators across multiple regulated jurisdictions, with additional expansion planned.

Lobbet operates in Montenegro as part of Fortuna Entertainment Group, one of the largest betting operators in Central Europe, which recently entered the Montenegrin market through the acquisition of Lob, reflecting growing institutional confidence in the country’s regulated gaming sector.

“This agreement reflects our approach to regulated market expansion across Europe, through scalable B2B distribution. Working with DualSoft allows us to reach high-quality operators such as Lobbet while creating optionality across a broader network of regulated markets. Our focus remains on disciplined growth through partners that operate within clear regulatory frameworks,” said Damjan Stamenkovic, CEO of Expanse Studios.

The post Expanse Studios Signs Content Distribution Deal with Lobbet appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

40 Treasures

CT Interactive Enters into Partnership with Mozzartbet.rs

Published

1 week ago

February 11, 2026

Wladimir P.

ct-interactive-enters-into-partnership-with-mozzartbet.rs

CT Interactive has entered into a strategic partnership with Mozzartbet.rs. As part of this collaboration, a selection of CT Interactive’s most popular slot titles is now live and available to Serbian players.

The newly launched lineup features fan favourites such as King of Clovers, Chilli Fruits, 40 Treasures, Lucky Clover, Wild Clover and more, delivering a diverse and engaging gaming experience. In addition, CT Interactive is introducing one of its Buy Bonus titles to Serbian players — Fruits & Sweets Buy Bonus. This game offers next-generation gameplay with a three-level Buy Bonus feature, giving players enhanced strategic options and greater control over their gaming experience.

“Expanding our collaboration with Mozzartbet.rs strengthens CT Interactive’s footprint in Serbia and allows us to further showcase our portfolio in a well-established regulated market. Their strong operational expertise and local insight make them a valuable partner for delivering engaging, high-quality content to Serbian players,” said Antonio Donov, Head of Business Development EMEA and Asia at CT Interactive.

Martin Ivanov, Chief Operating Officer at CT Interactive, said: “This partnership supports our long-term strategy of growing sustainably within regulated European markets. By working closely with Mozzartbet.rs, we are reinforcing our commitment to providing compliant, reliable, and entertaining gaming experiences that resonate with local audiences.”

This partnership further strengthens the presence of both companies in Serbia and highlights their shared commitment to the sustainable growth of the regulated iGaming sector in the region.

The post CT Interactive Enters into Partnership with Mozzartbet.rs appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Balkans

Kiril Kirilov takes on new leadership role at CT Interactive

Published

1 month ago

January 19, 2026

Wladimir P.

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.