Union Ivkoni

What Union Ivkoni does

Union Ivkoni, operating under the domain union-ivkoni.bg, hosts NV Casino, an online casino and sportsbook platform owned and operated by Nixxe B.V., a company registered in Curaçao (Reg. No. 147116) under Curaçao Gaming Control Board license OGL/2024/1363/0705 issued in 2024. All payment processing is handled by Kaurum Limited, a Cyprus-registered authorized agent (Reg. No. HE 387933). The platform serves Bulgarian adult players (18+) with EUR-denominated accounts and offers a unified product combining an online casino with 10,000+ games from 100+ providers (including Pragmatic Play, NetEnt, Evolution, Endorphina, Novomatic, Amigo Gaming), a 24/7 live dealer section powered by Evolution Gaming, and a sportsbook covering 12+ disciplines (tennis, football, table tennis, esports including Dota 2 and Counter-Strike, basketball, cricket). Self-serve registration completes in under two minutes via email, phone, Google, X (Twitter), or TikTok, and native Android and iOS apps extend mobile access with Android-exclusive Shake Bonus and Piggy Bank features.

The business model is a transaction-fee / house-edge model typical of online gambling: revenue is generated from the mathematical house edge on casino and live dealer games, from margin on sportsbook odds, and from a six-tier VIP loyalty program (Novak to Myth) offering 2% to 10% weekly cashback, daily free-spin rewards (FS Chain), missions, and a Game of the Week promotion. Welcome and high-roller deposit bonuses (up to 5,000 EUR match at x30 wagering) and tiered sportsbook bonuses (100%-120% deposit match) drive acquisition. Withdrawal processing for amounts up to 499 EUR is positioned at 5 minutes to 12 hours post-KYC, with longer settlement times for larger amounts. The platform claims 7,500+ daily active players, is PCI-DSS compliant, and lists responsible-gaming partners (BeGambleAware, Gambling Therapy, GamCare) and independent reviewers (AskGamblers, CasinoGuru, eCOGRA, Trustpilot) as credibility signals. The customer base is a long-tail of Bulgarian mass-market players plus a high-roller segment; geographic focus is single-country Bulgaria, with the Curaçao license providing latent capacity for broader market reach.

Name

Union Ivkoni

Legal name

Nixxe B.V.

Website

https://union-ivkoni.bg

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

NV Casino, operated by Curaçao-registered Nixxe B.V. under the union-ivkoni.bg domain, is a Bulgarian-facing online casino and sportsbook serving 7,500+ daily players with 10,000+ games, Evolution-powered live dealers, and 12+ sports disciplines under a single account.

Ownership category

akta.pro rank

Product category

Online Gambling

NAICS

Casinos (except Casino Hotels) (71321), Gambling Industries (7132)

SIC

Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

Online Casino Platform Providers (PAM, Wallet, CMS, Back Office) (MPAEABAK)

akta.pro secondary industries

iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms) (MPAEAKAA), iCasino Compliance, KYC/AML & Responsible Gaming Services (MPAEABAN)

Keywords

• Online casino gaming
• Live dealer games
• Sports betting platform
• Slot machine games
• IGaming services

Headquarters

HQ city

Willemstad

HQ country

Curaçao

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Marketing or Sales, Operations, Personnel, Infrastructure, Others

Revenue model

1. Casino House Edge: Revenue generated from the mathematical house edge across slot machines, table games, and live casino games offered to players. Platform hosts over 10,000 titles from 100+ providers including Pragmatic Play, NetEnt, Evolution, Endorphina, Novomatic, Amigo Gaming.
2. Sports Betting Margins: Revenue from sports betting odds margins across 12+ disciplines including tennis, football, table tennis, esports, basketball, cricket. Weekly deposit bonuses drive sports wagering activity.
3. VIP and Loyalty Program Revenue: Revenue enhanced through a 6-tier VIP program with cashback (2%-10% weekly), missions, achievements, and Game of the Week promotions that drive player LTV and retention.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Union Ivkoni operates the NV Casino online gambling platform under the union-ivkoni.bg domain. The platform provides casino gaming, live dealer tables, and sports betting through a single account, hosting over 10,000 games from 100+ providers including Pragmatic Play, NetEnt, Evolution, Endorphina, Novomatic, and Amigo Gaming. It also offers a sportsbook covering 12+ disciplines and a six-tier VIP loyalty program.

Product overview

NV Casino is an online gambling platform operated by Nixxe B.V. under the Union Ivkoni domain. The platform operates as a unified product combining three core services: an online casino with over 10,000 games from 100+ providers, a live casino with Evolution-powered dealer tables operating 24/7, and a sportsbook covering 12+ disciplines. Additional offerings include mobile applications for Android (with exclusive Shake Bonus and Piggy Bank features) and iOS, plus a six-tier VIP loyalty program. Users access all services through a single account with multi-method registration (email, phone, Google, X/Twitter, TikTok).

Differentiator

Problem solved

Functional benefit

Products and services

• NV Casino Online Casino

Quantifiable outcome

• 7,500+ daily active players demonstrate platform scale and reliability
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Evolution GamingcoreTechnology or IntegrationEvolution Gaming serves as the primary live casino provider for NV Casino, powering the live dealer section with titles including Crazy Time, Monopoly Live, Immersive Roulette, and Lightning Storm. Evolution operates hundreds of live tables with real dealers available 24/7.
• Pragmatic PlaycoreTechnology or IntegrationPragmatic Play is a key game provider supplying popular slot titles including Gates of Olympus 1000, Sweet Bonanza 1000/2500, and Lil' Demon: Double Heat featured in the platform's top-played games.
• EndorphinacoreTechnology or IntegrationEndorphina provides featured slot titles including Crown Coins, Hell Hot 100, and Joker Stoker (the welcome bonus free spins game). A consistently featured provider in the platform's top content.
• Kaurum LimitedcoreTechnology or IntegrationKaurum Limited (Reg. No: HE 387933), registered in Cyprus, is the authorized payment agent handling all financial transactions including deposits and withdrawals for NV Casino. All payment processing is managed through this entity to ensure regulated financial management.
• AskGamblersminorGTM or Marketing PartnerAskGamblers is an independent casino review platform that reviews and rates NV Casino, contributing to player trust and acquisition through third-party validation.
• CasinoGuruminorGTM or Marketing PartnerCasinoGuru is an independent casino review platform that reviews NV Casino, providing player-facing evaluation and trust signals.
• eCOGRAminorGTM or Marketing PartnereCOGRA is an independent testing agency that reviews NV Casino's games and operations for fairness and compliance, listed among the platform's review credentials.
• TrustpilotminorGTM or Marketing PartnerTrustpilot review platform listed among NV Casino's credentials, providing player review aggregation and social proof.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• bet365: Global online gambling incumbent operating casino, live dealer, and sportsbook. Overlaps directly with NV Casino's product mix but at vastly larger scale and with broader geographic reach.
• LeoVegas: Mobile-first online casino and sportsbook operator listed on Nasdaq Stockholm. Comparable in product mix and Curaçao/MGA licensing approach; mobile app stack similar to NV Casino's Android/iOS focus.
• Betway: International online casino and sportsbook operator. Comparable product portfolio (casino + live dealer + sportsbook) and Curaçao/Malta licensing footprint, but globally scaled versus NV Casino's Bulgarian focus.
• 888 Casino: Established online casino operator with proprietary platform. Comparable in integrating third-party game studios under a single VIP-driven casino experience, though globally scaled versus NV Casino's Bulgarian focus.
• Betsson: Nordic-listed online gambling group operating multiple brands across casino and sportsbook. Comparable regulated multi-brand platform model and Curaçao/MGA licensing approach.
• Stake: Major online casino and sportsbook with Curaçao licensing. Comparable licensing model, casino + sportsbook product mix, and heavy use of social-channel acquisition.

Direct peers

• Palms Bet: Bulgarian online casino and sportsbook operator with a similar vertically integrated platform. Targets the same adult Bulgarian player base with casino games, live dealer, and sports betting.
• Efbet: Bulgaria-originated online gambling operator offering casino, live dealer, and sportsbook. Directly comparable product offering and target customer base in the Bulgarian market.
• Winbet: Bulgaria-headquartered online casino and sportsbook operator. Direct competitor to NV Casino in the same single-market Bulgarian iGaming segment with a similar casino + sportsbook product mix.

Emerging players

• 1xBet: Globally distributed online casino and sportsbook with Curaçao licensing. Comparable product breadth (casino, live dealer, sportsbook, esports) and high-bonus acquisition strategy targeting Eastern European markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/union-ivkoni-ltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Union Ivkoni