Online Gambling came into Bulgaria in 2007 and the major interent gambling operation is focused on government mangaged monopoly for sports betting...
Bulgaria Online Casinos: Welcome players from Bulgaria, here you will be able to find Bulgarian online casinos. All the casinos listed on this page offer online casino gambling software in Bulgarian language and with Lev currency. Also you can expect the support team to answer in Bulgarian. Pick one of the top online casinos below for a pleasant and secure casino gaming experience.
Bulgaria Online Gambling Market: Bulgaria has seen its gambling laws being in turmoil for a decade and it covers both online and offline gambling. For several years gambling was not legal in the nation though there was a prosperous black market prevalent in the nation for a long time. It was in 1993 that the Bulgarian Government began legalizing casinos, halls and government runs lottery systems in the nation. Casinos began thriving everywhere and these gaming machines had made a big appearance in arcades, pubs, coffee shops that were around the nation.
These laws were made more stringent in 1998 and new tax laws were introduced. It was decided that these gaming machines of all kinds could only be operated in locations that were licensed. The government of the nation however has been lenient with the issuance of licenses and you can find gaming machines in hundreds of locations. There are presently about twenty large scale casinos and about fifty bingo halls functioning in Bulgaria.
Online gambling in Bulgaria came into existence in 2007. The Ministry of Finance in the country became tired of witnessing so much potential money in the form of taxes flowing out of the nation into international gambling websites that were hosted abroad. Action was taken and in 2008 in the month of February online gambling became legalized in the nation. It is currently being heavily taxed at a flat rate of 10% on profits. This led to the casino operators in the nation as well as the European Union up in arms and protesting. The tax is opposed by the internet casinos in Bulgaria and so it will be changed finally. This has lead to the lack of accurate Bulgarian casinos on the internet so there are several players that are turning to international casinos for their online gaming requirements.
The major internet gambling operations in the nation is focused on the government managed monopoly for sports betting. The website Sports Totalizator is an online gambling website that has both a lottery and sportsbook. Half of the proceeds of this website go towards supporting the sports teams of Bulgarian. There are presently talks of the further opening of this website further and provide players casino games but the entire issue still remains undecided.
There are about two hundred and ten websites that provide games in English and Bulgarian and also accept wagers in US Dollars and Bulgarian Lev.
There are talks of this website pairing with private companies to expand the breadth of what is currently being offered. This website also provides around 50% of its proceeds to sports teams in Bulgaria with a further 35% deduction being made by the Government.
This means that there is hardly an attractive offer left for third parties till some of the rules are changed. The poker tournaments are typically connected to online poker websites in the nation. The Bulgarian Poker Open is held every year in Varna and it is connected to 4Kings-a European poker website based in Bulgaria attracting many players as well.
