Home » Industry News » Betting Monopoly to be lifted in Moldova

Betting Monopoly to be lifted in Moldova

11 May 2018

mdGambling monopolies have been a thorn at the side of many countries in the EU and Moldova has been no exception. However, the small nation is ready to take some daring steps into liberalizing its gambling sector. The country’s authorities are ready to divest the gambling monopoly, with the new plan including slot machines, betting shops, and a National Lottery. The Moldovian government has already signed a contract with a number of private companies, that will allow them to start investing in the yet untapped Eastern European country.

One of the companies that managed to secure a contract with the government of Moldova, is the popular Novo Gaming from Austria, with the latter operating in 45 countries. Novo is going to deploy the slot machines project, while a conglomeration of companies owned by Bulgarian billionaire named Vasil Krumov Bozhkov will deal with the sports betting and lottery products. The only problem is that the billionaire is allegedly tied to organized crime, but also runs Bulgaria’s largest licensed gambling operation. If the projected law changes do take place, Moldova will have shown the way to countries like Sweden and Germany, where the local’ governments remain reluctant on big changes.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

More articles

UFC 294: Makhachev vs Volkanovski Odds & Preview Featured Image

One of the biggest UFC events of the year takes place on Saturday, October 21 at the Etihad Arena in Abu Dhabi. UFC 294, starting at 19.00 BST, featur...

Read more »

Premier League Clubs Get Closer To Bookmaker Sponsorship Ban Featured Image

The front of the shirts of Premier League clubs will no longer feature logos from bookmakers once an agreement is reached. The deal would prohibit fro...

Read more »

Betano Lands Giannis Antetokounmpo As Global Brand Ambassador Featured Image

NBA star Giannis Antetokounmpo has signed a contract with Betano, making him their first-ever global brand ambassador. The Milwaukee Bucks superstar, ...

Read more »

Bet365 Continue Their Weekly 6 Scores Challenge Game Featured Image

Sports betting industry leader Bet365 has partnered with Incentive Games, a renowned free-to-play provider, to continue their highly popular weekly 6 ...

Read more »

22bet Awarded EPL Jerseys To Five Lucky Bettors Featured Image

Five of 22bet’s Kenyan users have received English Premier League jerseys after successfully predicting the correct score of Manchester United v...

Read more »

Betting Preview And Odds For Formula 1 2023 Season Featured Image

On March 3-5, the 24th Bahrain Grand Prix will mark the return of Formula One for its first full weekend of the new 2023 season. Max Verstappen, who h...

Read more »

Bet-at-home To Use EveryMatrix’s Sports Betting Platform Featured Image

European bookmaker Bet-at-home has launched its new sports betting solution from EveryMatrix, replacing its present platform. EveryMatrix’s Odds...

Read more »

Stake.com Becomes Official Partner Of Alfa Romeo F1 Team Featured Image

The renowned crypto bookmaker Stake.com recently signed a deal with Alfa Romeo F1 Team to become their name sponsor. The partnership is going to stand...

Read more »

1xBet Issues Press Release To Shoot Down Allegations Featured Image

On 25/1/2023, 1xBet issued a press release to shoot down claims from a recent article, that came to light stating that the bookmaker is currently faci...

Read more »

Stake.com Pays Out On Arsenal As Premier League Champions Featured Image

The online sportsbook Stake.com has already paid out on outright bets on Arsenal to win the league, as they went onto 50 points after 19 games with a ...

Read more »

LATEST BOOKMAKER PROMOTIONS
Check all Daily Betting Offers »
bookmaker banner
bookmaker banner