The biggest get-together of gambling market experts and workers in Eastern Europe will be held in Budapest this September. The Hungarian capital will be the host for the Central and Eastern European Gaming Conference (CEEGC), during which numerous delegates will be presenting their view on the current trends and state of the industry in their respective regions. The seminar, whose slogan this year is, “The age of Machine Intelligence and how regulators must keep up with technology” will be held at the Ritz-Carlton hotel on September 25th. The panel discussion will concern countries like Romania, Bulgaria, Ukraine, Belarus, Slovakia, Czech Republic, Hungary and Poland and will focus on such topics as responsible gambling, licensing procedures in EU, innovation etc. This event is put together by European Gaming Media and Events.
One of the illustrious guests to grace the event is Bulgaria’s Miglena Dimitrova (MDMI Legal) and her lecture will focus on gambling market updates in Eastern Europe. In the last decade, the gambling industry in Bulgaria made significant improvement and growth in revenue – in 2017, the gambling industry in Bulgaria cashed in a total of $1.8 billion.
Along with the low taxes (in 2016, total taxes paid were estimated at $111 million), it’s safe to say that the gambling industry in Bulgaria is developing at a stunning rate, as this country proves to be a good market for foreign licensed operators to enter. There is, however, the possibility of further restrictions in gambling advertising, as ruling Citizens for the European Development party and Bulgarian Socialist Party supported the bill that would change the landscape of Bulgarian gambling advertising. Deputy Prime Minister, Valery Simeonov, is sponsoring the bill that could introduce much sterner controls over gambling products and services advertised. There are approximately 1,327 companies registered for betting and gambling in Bulgaria.
Dimitrova, who is a founding partner in MDMI legal law firm and an IP and regulatory lawyer and mediator, will be discussing all of these matters during a panel discussion with other participating members. She has extensive experience in the gambling application procedure before the Bulgarian State Gambling Commission, as well as in all other aspects of gambling legislation, and has advised the largest international gambling operators, associations and platform providers.