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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.The domain reported that this indignity came only a few weeks after another Bozhkov-linked gambling enterprise, National Lottery AD, had been forced to hand back its own license.Founded in 2018 by industry veterans Chris Bevilacqua, Joey Levy, and Scott Marshall, Simplebet uses machine learning and real-time technology “to make every moment of every sporting event a betting opportunity....

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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.Alarming affairs:iGamingBusiness.” 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....

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Alarming affairs:iGamingBusiness.Comprehensive campaign:The country’s National Assembly reacted to these indignities by passing Bill 054-01-51 to officially dissolve the State Commission on Gambling and hand its duties over to the National Revenue Agency, which is headed by Galya Dimitrova.Founded in 2018 by industry veterans Chris Bevilacqua, Joey Levy, and Scott Marshall, Simplebet uses machine learning and real-time technology “to make every moment of every sporting event a betting opportunity....

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Planned possibilities:The source reported that Valeri Simenov from the right-wing National Front for Salvation political party, which rules Bulgaria in coalition with its IMRO, GERB and Volya compatriots, had earlier successfully introduced a measure that handed a monopoly over all lottery games to the state-owned Sports Totalisator concern. 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.Comprehensive campaign:The country’s National Assembly reacted to these indignities by passing Bill 054-01-51 to officially dissolve the State Commission on Gambling and hand its duties over to the National Revenue Agency, which is headed by Galya Dimitrova....

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Alarming affairs:iGamingBusiness.After raising more than million in funding, to date, including a Series B round of million that closed in March, New York-based B2B product development company Simplebet has officially announced its launch.bg was moreover purportedly further embarrassed and left on the brink of bankruptcy when sportsbook technology provider Kambi Group free cas ino games joker bobqsubsequently suspended its supply contract....