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The Gambling Landscape in Bulgaria – Novinite.com

Bulgaria is a beautiful country, and every year its resorts are visited by millions of tourists. We go there for the warm beaches, the high and comfortable hotels, the prestigious shops and the casinos.

Thus, Bulgaria has a developed gambling industry. Bulgaria in gambling industry regulation is a real phenomenon, and it is qualitatively different from the Western European tradition, as well as many other legal approaches to gambling.

BULGARIAN GAME HISTORY

The gambling industry in Bulgaria is quite young, but perfectly regulated. The first casino emerged in Bulgaria in the late 1980s, but the industry was still unregulated. It wasn’t until 1993 that the first legislation was created to regulate casinos and lotteries. In 1999, a Gambling Law was passed, which was in effect until 2012. The Bulgarian Gambling Law of 2021 effectively legalized the previously unregulated online gambling segment . These regulations authorize betting on sports, lotteries and certain casino games such as poker, virtual slot machines, roulette and online blackjack games. Are there any requirements for land-based casinos in Bulgaria?

BULGARIAN LAND CASINOS: AN OVERVIEW

The organization of gambling on the territory of the state is carried out only with a special license. Permission to import game materials is issued in a separate document.

The largest gambling establishment in Bulgaria is located in Kulata, its name is Finix Casino Bulgaria. All casinos in Bulgaria are competently scattered across the country. The most expensive and prestigious gambling dens are located in popular resort areas where there are the most tourists.

The first land-based casino in this country was established in 1979 at the Vitosha Hotel. The club worked and still works in the entertainment hotel complex, which, in addition to the casino, has a comfortable hotel, a chain of restaurants, bars, a swimming pool and a fitness center. Also in the capital there are two more popular casinos, with slot machines and classic tables for poker, roulette and blackjack. Other top casinos are the Royale Palms Casino in Burgas, the luxurious Sofia Gaming House in Sofia, the Grand Hotel International 5* Casino Hotel and the famous Trimontium Princess Casino in the Bulgarian city of Plovdiv.

HOW TO OPEN A CASINO IN BULGARIA?

The European game in Bulgaria is constitutionally approved by the government, which unspeakably pleases the guests and residents of the country. But, as elsewhere, there are nuances, which primarily affect casino owners, but not players. The gambling license, without any additional cash investment, can only be obtained by citizens of the country, and the minimum financial cushion should be half a million levs.

Foreign citizens have the right to open casino games in Bulgaria, but they must be prepared for serious investments. To obtain a license, citizens of other countries must invest at least ten million dollars in the state economy. There is no strict dress code in gambling in Bulgaria. People under the influence of drugs and alcohol; in military or religious attire, and people under the age of 18 are not allowed to play.

VIRTUAL GAMES IN BULGARIA

In Bulgaria, there is no limit to the number of licenses for the right to provide online gambling services. Your gaming company’s main servers must be located in Bulgaria, another EU country or Switzerland. As a Bulgarian citizen, you can play legally in all virtual casinos, which are licensed and operate legally.

CONCLUSION

The gambling industry in Bulgaria has its unique characteristics. So, if you are planning your visit to this beautiful country, it can be a good idea to visit one of the most luxurious Bulgarian casinos and enjoy Bulgarian gambling!