The Government of Bulgaria has adopted amendments regulating the accreditation of gambling equipment testing laboratories. More refined requirements have been approved for the testing of the slot machines and gaming software, the press center of the Council of Ministers informs. The Counsil assures that the proposed regulatory changes will not lead to an increase in […]
The gambling industry in Bulgaria continues to grow, at least judging by the amount of taxes and fees paid. For the first nine months of 2018, 174.4 million BGN of tax on gambling activities have been added to the budget, and it is expected the revenues will be between BGN 220 and 230 million by […]
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Bulgaria’s State Commission on Gambling (SCG) has banned access to four websites operating without a license. The relevant decisions of the commission was published on the official website of the state regulator. According to decisions # 1913 of October 28 and No. 1991 of November 9, the members of the SCG Commission blacklisted four new […]
The gambling industry in Bulgaria has a huge turnover. The total sum of all winnings over 5000 BGN paid by Bulgarian gambling operators to lucky Bulgarians reached BGN 627 million in 2017. This information was posted on Mediapool’s website after the request of the publication to the National Revenue Agency (NRA). For the first time […]
The Financial Supervisory Commission of Bulgaria (FSC) plans to start monitoring and analyzing crypto currencies and ICO launched in the country to combat money laundering and crypto currency fraud. This is reported by local mass media.
Advertising of gambling will be limited and broadcasted only after 22:00. This was proposed by Bulgarian Counsil for Electronic Media (CEM). The Proposal of the media regulator is expected to be formally drafted and submitted to the Partialment.
The Bulgarian Socialist Party is the second major party that supports the gambling bill. Deputy Prime Minister Valeri Simeonov revealed this week that the Bulgarian Socialist Party is the second big party in the country to support a gambling bill.
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