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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.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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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.Alarming affairs:iGamingBusiness....

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iGamingBusiness.According to a Wednesday report from the online news domain at 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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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. 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.—through data collection and data refinement all powered by machine-learning and automation....