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Industry
April 3, 2024
Bulgaria: Parliament Turns Down Gambling Ad Restrictions
A draft, proposing changes to the gambling regulations in Bulgaria was recently rejected by the country’s majority in Parliament. The draft called for changes to the Gambling Act in the country in an effort to reduce problem gambling and gambling harm. The rejected draft proposed the implementation of changes to the gambling advertising regulations in […]
Industry
January 22, 2024
Bulgaria Blocks 600 Unlicensed Gambling Websites
Bulgaria continues its intense crackdown on illegal gambling. According to its latest report, the National Revenue Agency (NRA), the body responsible for regulating gambling in the country, has identified and blocked over 600 unlicensed gambling websites in the last three months of 2023 alone. The latest ban wave saw the NRA take action against sites […]
Sports
January 2, 2024
Altenar Expands Bulgarian Foothold with Magic Bet Agreement
Last June, the leading provider of turnkey solutions, Altenar, announced it would strengthen its foothold in Europe by penetrating the Bulgarian market with the help of a partnership inked with Palms Bet. Now, the supplier of iGaming and sportsbook software has announced it would further increase its presence in the Balkans by securing a fresh […]
Legal
December 22, 2023
Bulgaria Introduces Drastic Fee Hikes for Gambling Operators
Bulgaria has finalized an overhaul of fees for gambling operators, increasing costs between two and four times. These measures should bring in roughly BGN 200 million ($112.62 million) in additional revenue for the government. This amendment, integrated into the final provisions of the 2024 State Budget Law, garnered support after significant deliberations involving the country’s […]
Industry
December 21, 2023
Bulgaria’s AGIB Opposes the New Gambling Tax and Deadline
Bulgaria’s new gambling taxes do not sit well with the gambling industry. This follows the National Assembly Committee on Budget and Finance’s passing of a measure that would raise the gambling license fees by a staggering 300% and the alternative gambling tax by 60%. The Association of the Gaming Industry in Bulgaria (AGIB) expressed its […]
Sports
November 24, 2023
Bulgarian Prosecution Launches Investigation into BFU President Borislav Mihaylov
Borislav Mihaylov, the controversial president of the Bulgarian Football Union (BFU) is being investigated for participation in match-fixing and ties to illegal lottery operators. This is not the first time Mihaylov has been accused of similar dealings. The investigation comes soon after a mass protest in Sofia, Bulgaria’s capital and will see the Prosecutor’s […]
Business
October 25, 2023
7777 gaming Inks Deal with Magicbet ahead of SiGMA Malta Participation
Fast-growing gambling content provider 7777 gaming has announced a partnership with another big Bulgarian gambling operator. As revealed, the supplier will inject content into Magicbet, a famous land-based operator that recently forayed into the online gaming space. As a visionary in gaming, Magicbet recognized the importance of tapping into the potential of iGaming. In order […]
Industry
October 11, 2023
Bulgaria to Restrict Gambling Ads, as Industry Readies Kiosks
Bulgaria’s Ministry of Finance is working on gambling law amendments as the Balkan country seeks to crack down on ads and money laundering. This announcement came after Finance Minister Asen Vasilev and the National Revenue Agency (NRA) met with representatives of Bulgaria’s four biggest gambling organizations. According to the announcement, Bulgaria is set to restrict […]
Industry
September 18, 2023
Hacksaw Gaming Enters Bulgaria via Inbet Deal
Hacksaw Gaming, a leading developer of premium iGaming titles, has penetrated into Bulgaria’s online gambling market thanks to a distribution deal with Inbet. As per the agreement, Hacksaw Gaming will supply the local operator with some of its best casino games. Under the agreement, a selection of Hacksaw Gaming’s cutting-edge slots will be integrated into […]
Sports
August 31, 2023
Betano Sponsors Ekaterina Stratieva ahead of Rally Bulgaria 2023
Betano, an internationally-recognized sports betting brand will support the Bulgarian rally driver Ekaterina Stratieva and her navigator Georgi Avramov during the upcoming edition of Rally Bulgaria. The operator’s backing of Stratieva and Avramov highlights its commitment to supporting Bulgarian sports. Rally Bulgaria 2023 will be the 52nd edition of the prestigious event. A part of […]
