Tag Archives: bulgaria

UltraPlay bolsters blockchain dynamics launching eGold cryptocurrency

Dedicated eSports betting platform provider UltraPlay has moved to ‘strengthen its blockchain technology propositions’ by launching new cryptocurrency eGold. The new eGold coin aims to ‘unify dynamics among’ eSports enthusiasts around the world. Furthermore, the coin will allow for a secure currency alternative for betting on popular eSports games such as s Counter-Strike: Global Offensive, League of Legends and DOTA2. …

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Kambi confident that strengthened commercial pipeline will overcome current trading woes

Presenting its Q3 2017 trading update (period ending 30 September), Nordic Nasdaq-listed Kambi Group Plc has detailed a robust corporate performance despite trading against a tough Q3 2016 comparative period featuring the UEFA Euro 2016 Championships. Updating investors, Kambi sustained a positive period revenue performance of €14.8 million, which sees the sports betting platform supplier generate €43 million for its …

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Bulgaria’s National Lottery picks Kambi for ‘High Expectations’ 7777.bg sportsbook

Nordic Nasdaq-listed industry sports betting platform provider Kambi Group Plc has confirmed that it has entered a services agreement with Bulgarian licensed gaming group National Lottery AD. The agreement will see Kambi become lead betting platform and technology provisions supplier for National Lottery AD’s digital gaming brand 7777.bg, which is considered Bulgaria’s most popular lottery and gaming destination. Last year, …

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GVC boosts European casino content with Microgaming Quickfire

Bolstering its European online casino inventory, FTSE 250 operator GVC Holdings (GVC) has announced that it has signed a major games content agreement with Microgaming’s Quickfire division. Supplied by Microgaming Prima Networks the GVC brands of bwin, partycasino and partypoker will be over 50 games titles supplied by Quickfire for their casino product offerings’ in the regulated markets of Bulgaria, …

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EGT eyes South American expansion with Bogota HQ

Seeking to open its games machine distribution network within the burgeoning South American market, European gambling technology firm Euro Games Technology (EGT) has confirmed that it has opened a new office in Bogota Colombia. Updating the market, EGT governance detailed that it had chosen the Colombian capital city as its South American HQ following an extensive review of regional markets …

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bet365 wins Bulgaria licence appeal

bet365 has been granted the right to operate its sports betting services in Bulgaria following its licence appeal with the administrative Court of Sofia against its ‘blacklist’ by Bulgaria’s State Commission on Gambling (SCG).   SCG had suspended bet365’s Bulgarian license on the grounds that the bookmaker had violated regulatory provisions prior to gaining its initial market approval. bet365 governance …

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Antonios Kerastaris – Intralot envisages ‘best-of- breed’ portfolio for future growth

Addressing shareholders at Intralot’s Annual General Meeting, group CEO Antonios Kerastaris detailed that in order to meet its future growth targets, the gambling technology provider would have to tackle new consumer demands and market conditions by delivering a ‘‘best-of- breed’ product portfolio. Kerastaris gave shareholders a breakdown of Intralot’s recent investment/transactional activity as the company expands its international services. In …

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bet365 challenges Bulgaria SCG licence revoke

bet365 is set to take the Bulgarian national gambling regulator to court appealing its restriction to operate in the country. Industry legal news source Gambling Compliance details that a bet365’s appeal against Bulgaria’s State Commission on Gambling (SCG) was heard yesterday by the Administrative Court of Sofia, with a further hearing scheduled for 5 May. SCG governance had granted bet365 …

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Intralot expands Bulgarian market presence with Eurobet investment

Updating the market, Athens listed lottery and gambling technology provider Intralot SA has confirmed that it has acquired a strategic stake in Eurobet Bulgaria. Intralot governance processed a 49% equity stake in Eurobet via its Bulgarian subsidiary BILOT. INTRALOT. Declaring its investment in Eurobet, Intralot governance stated that its venture investment would help ‘strengthen its market presence in Eastern Europe’. …

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International Football tips on bettingexpert

Home-field Advantage: Germany v England The current world champions are favoured in this match. Tipster Notorious points to Germany’s incredible endurance on the field, never winding down in a match – even if they are winning. Notorious predicts that the home team will win by 2 goals in this particular match up. Even with this particular tipster’s confidence, Coral (Notorious’ selected bookmaker) is …

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