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com reported that the Chairman for the State Commission on Gambling, Alexander Georgiev, resigned in February after being questioned as part of an investigation linked to local gambling mogul Vasil Bozhkov, who runs the Eurofootball sportsbetting business.com explained that this consequently forced a number of private operators out of the market with the former Deputy Prime Minister furthermore known to be keen on closing almost all of his country’s slot parlors and permitting only a few integrated casino resorts to operate along the nation’s international borders. It allows existing sportsbook operators and technology platforms to offer their current customers new betting markets in an effort to generate new customers, reduces costs associated with customer acquisition, and raises the overall lifetime value of customers....

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This legislation was purportedly the brainchild of Alexander Ivanov, who is a member of the center-right GERB political party, and is part of an effort to completely reshape Bulgaria’s gambling landscape so as to make it more responsible and accountable.” By making use of those tools, a new category of betting, “micro markets,” are created, with results being produced in just minutes or seconds, according to the source.Market opportunity:Commenting on the opportunity, Chief Executive Officer for Simplebet, Chris Bevilacqua, said…“Back in 2018, I saw a unique market opportunity approaching with valuable sports media rights colliding with the sports betting industry—especially after PASPA repeal here in U....

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com reported that the Chairman for the State Commission on Gambling, Alexander Georgiev, resigned in February after being questioned as part of an investigation linked to local gambling mogul Vasil Bozhkov, who runs the Eurofootball sportsbetting business.S. The operator behind the iGaming site at 7777....

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The source detailed that this enterprise is the oldest sportsbook firm in Bulgaria but had its operating license pulled for three months in late-March over allegations that it owed approximately 2.In Bulgaria and the National Revenue Agency tax bureau has reportedly been charged with regulating the country’s gambling industry after federal lawmakers enacted a measure to abolish the previous State Commission on Gambling. The source detailed that this enterprise is the oldest sportsbook firm in Bulgaria but had its operating license pulled for three months in late-March over allegations that it owed approximately 2....

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com explained that this consequently forced a number of private operators out of the market with the former Deputy Prime Minister furthermore known to be keen on closing almost all of his country’s slot parlors and permitting only a few integrated casino resorts to operate along the nation’s international borders.”The effect of the technology is threefold. It allows existing sportsbook operators and technology platforms to offer their current customers new betting markets in an effort to generate new customers, reduces costs associated with customer acquisition, and raises the overall lifetime value of customers....