Five websites added to Bulgarian Commission blacklist

iGaming Business – The Bulgarian State Commission on Gambling has added five new websites to its blacklist of iGaming domains prohibited from operating in the country. Amongst the websites now banned from offering online betting services in Bulgaria are domains operated by Cherry Casino and Sportingbet. Equatorcasino.com, Jackpot.com and Oxygen9casino.com have also been listed as unlicensed websites by the Bulgarian regulator. A total of 203 websites have now been blacklisted by the regulatory body, with Bulgarian internet service providers required to block players in the country from accessing such sites. SOURCE

Brittish GVC doubled profits after acquiring Sportingbet

Reuters – GVC  is looking at further acquisitions after turning around the Sportingbet businesses it acquired last year, the online gambling company said on Wednesday. GVC, one of the smaller players in the sector and listed on the AIM stock market, said operating profit more than doubled to 38.3 million euros ($52.8 million) in 2013, boosted by moving Sportingbet into the black. “We are now ready for the next stage in our corporate development and further geographic expansion through organic growth and acquisitions,” Chief Executive Kenneth Alexander said. However, GVC cautioned that any deal would not be at the expense…