Miglena Dimitrova talks Bulgaria’s gambling industry at CEEGC

The largest get-together of gambling market experts and workers in Eastern Europe is going to probably be held in Budapest this September. The Hungarian capital is going to be the host to its Central and Eastern European Gaming Conference (CEEGC), during which numerous delegates will be presenting their view on the present trends and state of this sector in their respective areas. The seminar, whose slogan this year is, “The age of Machine Intelligence and how labs must keep up with technology” will be held in the Ritz-Carlton hotel on September 25^th.

One of those illustrious visitors to grace the occasion is Bulgaria’s Miglena Dimitrova (MDMI Legal) and her lecture will focus on gambling market updates in Eastern Europe. In the previous decade, the gambling industry in Bulgaria made significant improvement and growth in revenue — in 2017, the gambling sector in Bulgaria cashed at a total of $1.8 billion.

Along with the low taxation (at 2016, overall taxes paid have been estimated at $111 million), it’s safe to say the gambling industry in Bulgaria is growing at a stunning speed, as this nation turns out to be a good market for foreign licensed operators to enter. There is, but the chance of additional restrictions in gambling advertisements, as ruling Citizens for its European Development party and Bulgarian Socialist Party supported the bill that would alter the landscape of sports betting advertisements. Deputy Prime Minister, Valery Simeonov,  is sponsoring the bill that may present much sterner controls over gambling products and services promoted. There are approximately 1,327 companies enrolled for gambling 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 these things during a panel discussion with other participating members. She has extensive experience in the gambling application process prior to the State Gambling Commission, in addition to in the other elements of gambling laws, and has advised the largest global gambling operators, associations and platform providers.