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Bulgaria

Bulgaria
  • Capital City: Sofia
  • Area: 110,933 km2
  • Population: 7,101,859 (31.12.2016)
  • Largest cities: Sofia, Plovdiv, Varna, Burgas, Ruse, Stara Zagora, Pleven

Current gambling regulations

Закон за хазарта  - (The Gambling Act).

 

Main assumptions:

  • Only gambling games provided for in this act shall be subject to licensing and organising.
  • A license shall give the right for organising only a game or activity explicitly stipulated in it and may not be transferred.
  • Gambling games shall be conducted by wagers and winnings in Bulgarian levs and euro only. Gambling games with wagers and winnings in other foreign currencies may also be allowed in casinos after a preliminary permission by the State Commission for Gambling.
  • Gambling games and activities under this act may be organised by: Companies registered in the Republic of Bulgaria or in another EU Member State, another state signatory to the European Economic Area Agreement, or the Swiss Confederation, meeting the requirements of this act; Sole proprietors - only gambling games on gambling machines and activities of manufacturing, import, distribution, and servicing of gambling equipment; The state - only for supporting sports, culture, health care, education, and social services; Non-profit legal entities designated to perform social work activity .
  • A license for organising gambling games in a casino may be issued only to a limited liability company or a joint stock company with registered shares.
  • Organizing of gambling games shall be forbidden in public state-owned and municipally-owned buildings and in the land belonging to them, in sites of the Ministry of Defence, Ministry of Interior, in buildings housing state administration structures, irrespective of the type of ownership over them, in educational, health care and medical institutions, and also in buildings which are co-owned, without having the prior notarized written agreement of all co-owners.
  • Direct advertising of gambling games, including advertising of such games targeted at minors and underage persons, as well as sending of unsolicited electronic messages containing information about a gambling game to an unlimited number of persons shall be prohibited.

Legislator

Държавна комисия по хазарта - State Commission on Gambling with the Minister of Finance

Industry organizations

 BTAMOGIБългарската Търговска Асоциация на Производителите и Организаторите от Игралната Индустрия (БТАПОИИ) The Bulgarian Trade Association of Manufacturers and Operators in the Gaming Industry (BTAMOGI)
 BFTPBulgarian Federation of Tournament Poker