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BETBY expands global presence with Montenegro office

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BETBY, the innovative sportsbook supplier, has further broadened its footprint after opening an office in Montenegro.

The site, based in the city of Budva, will see more than 15 members of the team relocate to the heart of the Old Town on the Adriatic, across a range of departments.

In addition, the space has the potential to expand capacity and act as a base for global personnel looking to relocate for the summer period, as the supplier continues to focus on employee wellbeing and encourage hybrid working.

It becomes the third office opened by BETBY, following locations in Latvia and Malta, as it continues its impressive growth. In 2022, its headcount almost doubled to more than 80, with the provider enjoying another strong commercial year.

Leonid Pertsovskiy, Chief Executive Officer at BETBY, said: “We’re delighted to be opening our brand new office in Montenegro. In a gorgeous part of the country, it resonates with our ethos of creating work environments that our employees are proud of, and we’re confident it will add to what is set to be a fantastic 2023 for us.

“With it being a full-time office, as well as a space for staff to treat it as a ‘getaway’ destination, we can’t wait to fully utilise the benefits of our latest location, and look forward to growing further over the course of the year.”

BETBY will be attending the ICE London exhibition, hosted at the ExCeL London, between 7th-9th February. They can be found at stand S1-130.

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Amusnet Shortlisted in Four Categories at the Golden Spades Awards 2025

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Amusnet has been shortlisted in four categories at the Golden Spades Awards 2025, organised by the Association of Organisers of Gambling Games & Activities in Bulgaria (SOHIDB). The company is recognised for its achievements as the Most Successful Bulgarian Company Abroad, for its innovation with the Slot Machine of the Year, for the Debut of the Year for Gaming Machines and as the Online Supplier of the Year.

This recognition highlights Amusnet’s continuous commitment to excellence, and global growth across the online, online live casino and land-based gaming sectors. The Golden Spades Awards celebrate the companies and individuals driving the future of the gaming industry in Bulgaria and beyond, honoring outstanding performance and leadership in technology, product development and business development.

Irina Rusimova, Chief Commercial Officer at Amusnet, said: “It’s a great honor to see Amusnet recognized across multiple categories at this year’s Golden Spades Awards. These nominations reflect the dedication, creativity, and passion of our entire team, as well as our strong partnerships both in Bulgaria and worldwide. We are proud to represent Bulgarian innovation on the global stage and to continue setting high standards for entertainment and technology.”

The post Amusnet Shortlisted in Four Categories at the Golden Spades Awards 2025 appeared first on European Gaming Industry News.

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Balkans

CT Interactive Shortlisted for the “Golden Spade’s” Awards 2025

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CT Interactive has been shortlisted in the “Most Successful Bulgarian Company Abroad” category at the “Golden Spade’s” Awards 2025. This recognition is a testament to CT Interactive’s continuous commitment to innovation, quality and excellence in delivering engaging iGaming experiences to its partners and players around the world.

The “Golden Spade’s” Awards 2025 celebrate excellence and achievement across Bulgaria’s gaming and entertainment sectors. The awards ceremony will take place on November 25 at the Hyatt Regency Sofia, bringing together the most prominent figures and companies shaping the industry’s future.

Monika Zlateva, CCO of CT Interactive, said: “We are honored to be recognized as a finalist in such a competitive and prestigious category. This acknowledgment inspires us to continue pushing the boundaries of innovation and delivering exceptional experiences to our partners and players around the world.”

The post CT Interactive Shortlisted for the “Golden Spade’s” Awards 2025 appeared first on European Gaming Industry News.

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Bulgaria Plans to Increase Gambling Tax

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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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