News

Amendments in the Tariff on the fees, collected under the Gambling Act

08 January 2020

“Velchev & Co.” team notifies that amendments of the Tariff on the fees, collected under the Gambling Act (the Tariff) were adopted with a Council of Ministers decree,...

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Nadya Hambach was one of the speakers in the KYIV IGAMING AFFILIATE CONFERENCE on December 18, 2019 in Ukraine

19 December 2019

Nadya Hambach was one of the speakers in the KYIV IGAMING AFFILIATE CONFERENCE which took place on December 18, 2019 in Ukraine.

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Velchev & Co. successfully trained the managers and the key personnel of an international company for unannounced inspections - dawn raid

26 November 2019

Velchev & Co. Law Office successfully trained the managers and the key personnel of an international company which is a market leader in the area of sports &...

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Velchev & Co. successfully assists its client in conducting an exequatur procedure

30 October 2019

The exequatur is a procedure that makes a decision issued from a court outside EU enforceable on the territory of Bulgaria. The procedure is specific and differs in that...

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Gambling Act enforcement changes

25 October 2019

No changes to the Bulgarian gambling legislation have been introduced since May 2019. The new chairman of the State Commission on Gambling (SCG), appointed in the end of...

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Velchev&Co advised on the successful licensing of a leading European producer of gaming equipment

14 October 2019

As per Decision 106/26 August 2019, the State Commission on Gambling (SCG) granted а license for production, distribution and service of gaming equipment to adp...

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Iris Solutions OOD licensed under the new Payment Services and Payment Systems Act

14 October 2019

With a Decision 316 date 17.09.2019 Bulgarian National Bank (BNB) issued a payment institution license to Iris Solutions OOD as. Thus, Iris Solutions became the first...

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WHAT TO EXPECT DURING A DAWN RAID

23 September 2019

Normally Inspectors from the European Commission will arrive early in the morning with a written Decision authorizing them to hold the inspection. If the inspection is...

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WHAT IS A DAWN RAID AND A MOCK DAWN RAID

22 September 2019

The unannounced inspections of companies by the competition authorities, such as the European Commission or the Bulgarian local competition authority, i.e. the...

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The New Trade Secret Protection Act

21 August 2019
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