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NEWSLETTER | JUL 29 2020
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NEWS OF THE DAY

Bulgaria dissolves gambling regulator as country revamps gaming laws

Bulgaria’s State Gambling Commission (SGC) is out the door. The gaming regulator has faced a lot of scrutiny due to allegations of corruption and extortion tied to a casino entrepreneur and suspected crime boss, Vasil Bozkhov. With trust in the organization lost, legislators set out to change Bulgaria’s outdated regulatory structure and ultimately decided on handing control over to the National Revenue Agency (NRA). Now, all that remains is to find out if the NRA is up for the task or if, as Bozkhov has asserted previously, government corruption runs so deep that the gambling industry won’t see much of a difference.

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FEATURED VIDEO

Ranjana Adhikari on the future of Indian gaming

The Indian market represents the final frontier for the online gaming community, with the potential market worth of billions to the local economy and international operators. Our very own Stephanie Tower sat down with Ranjana Adhikari, Media Entertainment & Gaming Co Head of Nishith Desai Associates, to discuss which direction India is going in.

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FROM OUR FRIENDS AT COINGEEK

BTC transaction fees up 60% since start of July 2020

As the price of BTC climbs, so do its transaction fees. Data from BitInfoCharts showed the average BTC transaction fee is currently $2.521, a 60% increase from where it stood on July 1 ($1.515) and several times higher than the average Bitcoin SV transaction fee of $0.0002.

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DAILY ROUNDUP

BUSINESS

The IBIA doesn’t think Australia takes sports integrity seriously

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POKER

WSOP Gold: Daniel Negreanu is floored
by broadway

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CASINO

SJM takes a hit in the first half of the year, but gains expected

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SPORTS

Basketball fans should be prepared for another bubble next season

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PRESS RELEASE

Professional Fighters League CEO Peter Murray taps top media executive to lead communications

The Professional Fighters League (PFL) has named Loren Mack Vice President of Corporate Communications. Mack, with over 15 years of experience in media and sports, becomes the latest hire to join a growing list of top sports, media and entertainment executives for the first organization to present Mixed Martial Arts (MMA) through a Regular Season, Playoff, and Championship format.

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