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.

10,000+ have already benefited from Bookmakers.bet

Register to our newsletter and be the first to get our exclusive bonuses and promotions. Fill in your name & email and stay tuned on the latest offers and the new bookmakers in your country.

I agree with the terms of use.

BOOK SPY

Everton has landed yet another important deal by teaming up with Parimatch, appointing it as the club’s official betting partner in Europe and in the ...

Read more »

Online sports betting operator 22Bet has reached an agreement with French Ligue 1 champions Paris Saint-Germain. The two-year deal, ending 2022, will ...

Read more »

The South African National Gambling Board has issued a statement this week concerning the legality of online gambling. There have recently been some r...

Read more »

Betting operator 888sport announced that it has signed a sports betting partnership agreement with the National Football League (NFL) in the United Ki...

Read more »

British GVC Holdings PLC is launching an investment program to support grassroots sports in the UK. It will be helping the lower tiers of English foot...

Read more »

Dominic Beier has stepped down from his position as Interwetten Sports’ Speaker of the Board. The 29-year-old had joined the company in 2018, replacin...

Read more »

BGC, the UK’s Betting and Gaming Council, has announced the implementation of a new set of measures in order to prevent underage audiences from being ...

Read more »

Online sportsbook and casino operator Vbet will be sponsoring French Ligue 1 powerhouse AS Monaco. The deal includes seasons 2020-2021 (which just sta...

Read more »

UK-based bookmaker Betfred has announced the extension of its World Snooker Championship sponsorship until 2022. It is considered the biggest snooker ...

Read more »

European sports betting firm Melbet is expanding its presence in Africa by entering the Kenyan market. After already operating in Nigeria, Ghana and U...

Read more »

Latest Betting Offers

18+ | T&Cs apply | begambleaware.org

The generated voucher is only valid for people of legal age. The betting credit worth €5, €15 or €30 is awarded at random. The term "voucher" in the bonus provisions refers to both betting vouchers and free bet vouchers. In addition, 10 x € 3.000 will be raffled among all players who have redeemed their betting credit. The winners will be determined by drawing lots and notified by email on October 7th, 2020. The judges' decision is final. The prize money will be credited to your Interwetten account and is freely available.