Bulgaria

News & Analysis

Bulgarian Industry Proposes New Rules For Itself

On Tuesday (December 13) the Bulgarian Gaming Association (BGA) proposed stricter regulations for itself to curb underage gambling and protect the vulnerable.

The proposal was announced at the “Gambling Commerce in Media Services and Video Sharing Platform Services” roundtable organised by the Council for Electronic Media (CEM), the National Revenue Agency (NRA) and gambling industry trade groups.

The proposals include limiting advertising from gambling operators during broadcasts between 5am and 6pm and would come into effect on January 1.

Bulgaria Wants To Become Balkan Las Vegas

Bulgaria’s gambling regulator has said the country is on the right track to becoming the Las Vegas of the Balkans, but its ambitions have been slowed by its own issues over the past few years.

Bulgaria Supreme Court Declares €168m Gambling Tax Bill 'Null'

Bulgaria's Supreme Court has ruled that the now-defunct State Gambling Commission’s attempt to issue operator Eurofootball with a €168m tax bill is null and void.

Bulgaria Submits Gambling Bills As Political Crisis Continues

As Bulgaria plunges into a political crisis, bills have been submitted to the National Assembly that would expand the games the current state-owned lottery monopoly can offer.

European Blocklists Continue Rapid Growth As Spotlight Shines On Curaçao

The number of blocklisted online gambling domains across 18 reporting European countries, as monitored by VIXIO GamblingCompliance, increased by 55 percent to more than 150,000 in 2021.

Research & Reports

Interactive Map: Gambling Advertising Across Europe

Advertising is one of the most hotly discussed topics in the European gambling industry. In this map, VIXIO GamblingCompliance shows the current situation regarding gambling advertising in all jurisdictions. The map highlights the differences among the countries that allow, partially prohibit or forbid gambling advertising.

Bulgaria: Implementation of the 5th Anti-Money Laundering Directive

On July 3, 2019, the Council of Ministers introduced before parliament a bill including amendments and additions to the Law on Measures against Money Laundering. This law was adopted in March 2018 to implement the provisions of the 4th Anti-Money Laundering Directive (4th AMLD).

The bill was introduced to parliament as the existing legislation does not meet all of the requirements of European legislation, and at the same time implements the 5th AMLD, which must be transposed into national law by January 10, 2020.

Bulgaria: Consultation on Draft Law Implementing GDPR

On April 30, 2018, the Bulgarian government launched a public consultation on a draft law implementing the General Data Protection Regulation (GDPR) and amending and supplementing the current Personal Data Protection Act.

The draft law modifies the Personal Data Protection Act and includes new provisions, such as:

Bulgaria: 4th AMLD Implementation — Consultation / Draft Law / Final Text

An inter-ministerial working group, co-chaired by the State Agency for National Security and the Ministry of Interior, has published this consultation on the draft law on measures against money laundering, which aims to ensure Bulgarian legislation is compliant with the requirements of the 4th Anti-Money Laundering Directive (4th AMLD).

Bulgaria: 4th AMLD Implementation — Draft Law on Beneficial Owners

The National Assembly has under consideration Bill 502-01-92, which is intended to amend the Law on Economic and Financial Relations with Companies Registered in Jurisdictions with Preferential Tax Regime, Related Persons and their Beneficial Owners. It includes a proposal to modify the meaning of beneficial owner of companies established in such jurisdictions, to ensure this is consistent with the definition of beneficial owners as provided by the 4th Anti-Money Laundering Directive (4th AMLD).

Data & Forecasts

Market Monitor: European Online Gambling

This quarterly report contains a comprehensive overview of available data on the €25bn+ European online gambling sector. Jurisdictional market size figures and year-on-year growth rates are supplemented by an interactive dashboard and standardised, comparable data on betting-gaming splits and online penetration rates.

European Online Forecasting Dashboard

This interactive dashboard features our country-level market size forecasts for the €25bn+ regulated European online gambling sector through to 2026, with projections split between online betting, gaming and total online gambling.

Market Monitor: World Lottery Association Compendium

This report contains around 40,000 data points across over 150 lotteries and 85 countries, as collated annually by the World Lottery Association. The dataset displays total sales, GGR, digital sales & digital GGR by product category in horizontal time series and filterable table views.

Bulgaria - BTAMOGI Industry Statistics Report - 2008 to 2022

Latest annual Industry Statistics Report from the Bulgarian Trade Association of Manufacturers and Operators in the Gaming Industry (BTAMOGI). The data released for the country contains the following information: State income from gambling and number of casinos, gaming halls, gaming machines and gaming tables in operation. There are approximately 170 data points in this document.

Market Analysis: European Online Gambling

This in-depth report provides insight into the size, structure and growth of 32 European online gambling markets, containing analysis, updated as new information becomes available, sector themes and key market developments bringing stakeholders opportunities, challenges, tailwinds and headwinds.