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First Bulgarian Online Sports Betting License

Friday September 20 ,2013 : FIRST ONLINE SPORTS BETTING LICENSE ISSUED IN BULGARIA
 
And the regulator adds another 20 online gambling domains to the growing blacklist
 
The Bulgarian gambling regulator, headed by recently appointed director Ognemir Mitev moved forward this week, issuing its first online sports betting license.
 
The recipient was vBulletin, an already well-established and licensed land bookie which owns online brands like Eurobet.bg and Eurofootball.bg through a Malta LGA licence.
 
Mitev took the opportunity to advise media that a further 20 online casino operators accessing the Bulgarian market without a licence have been added to the Eastern European country's black list, making them vulnerable to blocking by ISPs and Bulgarian financial transactors.
 
Notable names on the new additions were Interwetten and Centrebet.
 
The new additions bring the total number of domains on the list to 135, many of them leading industry operators. Operators have a chicken and egg problem with the regulator, which has not yet issued licenses despite being empowered to do so, yet has started blacklisting companies that have accessed the local market for some time.
 
And some of the domains listed claim that they do not access the Bulgarian market at all, and do not even have websites in that language.
 
The Bulgarian newspaper Capital Daily noted that neither Eurobet.bg or Eurofootball.bg are on the blacklist, suggesting that the possibility of commercial protectionism may exist.
 
Eurofootball has been prominent in the Bulgarian sports market since 2009, when it signed a three-year agreement with the Bulgarian Football Union to sponsor the nation’s male, female and youth national soccer teams.
 
In addition, the deal required Sofia-based EuroFootball to sponsor of the Bulgarian Football Professional League for the 2009/10 season.
 
Intralot, the Athens-based developer and supplier of gaming and transaction processing systems, owns a 49 percent stake in EuroFootball, which was founded in 1993.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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