Tag Archives: bulgaria

Delasport renews duties as lead sponsor of Balkan League basketball 

Delasport has confirmed that it will continue to serve as the principal sponsor of the Balkan International Basketball League (BIBL / Balkan League). The Malta and Sofia-based online sports betting and casino technology supplier became the principal sponsor of the Balkan League in 2020, helping resurrect the basketball league from its COVID-19 2019/2020 season postponement. Established in 2008, the Balkan …

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Luckbox hunts for more talent to deliver on its mass appeal

Luckbox has expanded its ongoing ‘recruitment drive’ as the esports wagering platform launches new projects to maintain its post-IPO growth phase.  Updating the market, Luckbox said it is seeking to recruit staff immediately for its product design, marketing and customer compliance teams. The company revealed that it was recruiting for the key hires of a product designer, customer onboarding project …

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Sportradar signs MoU to protect sports integrity in Bulgaria

Bulgaria

Sportradar has signed a memorandum of understanding (MoU) with the General Directorate National Police of Bulgaria to protect and maintain the integrity of sports in the country. Sportradar Integrity Services already has formal working relationships with police and law enforcement agencies across various European countries, including Europol, Austrian and French Federal Police and Spain’s Guardia Civil, amongst others. The collaboration will …

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Swiss Ringier takes majority stake in Sportal Media Group 

Swiss media conglomerate Ringier AG has acquired a majority stake in leading Balkan sports publisher Sportal Media Group, significantly expanding its sports media coverage across developing markets.  The investment follows a successful two-year collaboration which saw the companies launch the joint venture of ‘Ringier Sportal’ for the Romanian sports market. Ringier details that its investment will focus on strengthening  Sportal’s …

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Pronet Gaming opens Sofia ‘innovation hub’

Pronet opens Sofia 'innovation hub'

Pronet Gaming has opened a new ‘innovation hub’ in Sofia, Bulgaria, which will support the growth of its tech systems and client partnerships. The Sofia hub, which will be led by Pronet Gaming General Manager Tsvetanka Dimitrova, will house 40 tech professionals that will work primarily on optimising product development and innovation projects for the igaming systems and platform supplier. …

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Intralot rocked by Bulgaria Eurobet suspension 

Intralot SPA has detailed a troubled start to 2020 trading, noting steep declines across all core operating metrics and divisions, as its corporate recovery programme has been impeded by multiple novel headwinds.  Publishing its Q1 2020 results, the Athens-listed gambling technology and lottery systems provider saw group turnover decline by 47% to €102m (Q12019: €193m).  The €90m turnover decline is …

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Bulgarian lottery dispute sees Kambi suspend 7777.bg service

Issuing a corporate update, Stockholm-listed sports betting platform and systems provider Kambi Group Plc has disclosed that it has ‘temporarily suspended’ its contract with Bulgarian operator National Lottery AD. Kambi’s action is undertaken, following National Lottery AD’s ‘voluntary decision’ to hand back its operating licence to Bulgaria’s State Gambling Commission (BGC). Since 2017, Kambi has served as lead sportsbook supplier to …

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efbet completes product puzzle through deVRealm purchase

deVRealm

Sportsbook and casino operator efbet believes it has found the “missing puzzle piece” to extend its market leader status in Bulgaria. The operator has become a majority shareholder in deVRealm, a tech startup based in Sofia, in a deal which will help efbet to take back control of its product roadmap. A ‘pilot’ project for deVRealm, efbet’s new platform will …

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Boyan & Tzvetomir Naydenov, efbet: For the love of sports

efbet

Close-knit brothers Boyan and Tzvetomir Naydenov founded the efbet sportsbook back in 2006 alongside their father Stefan. We sat down with both of them to discuss how a ‘love of sports’ has driven the development of the family-owned business ever since. Keep reading to find out how the efbet launch came about, why it quickly became apparent that online betting …

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Efbet continues Bulgarian investment

Bulgarian sportsbook Efbet is investing BGN25m a year into Bulgarian sports according to one of the founders of the company Tsvetomir Naydenov. The sportsbook currently sponsors CSKA 1948 of the Bulgarian second division whilst also sponsoring a host of top flight Bulgarian teams and the country’s First Professional Football League.   As well as being greatly involved within Bulgaria’s football competition, efbet …

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