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Though the national Commission on Gambling is trying to block unlicensed online casinos, there are still lots of top-notch venues accepting Bulgarian players.
Playing at time-tested casinos is safe, regardless of whether they hold a state-issued or foreign license. You have to be at least 18 years old to gamble in Bulgaria; all casinos operating on the territory of the state are subject to the Bulgarian Gambling Act of Keep in mind that you will not be able to withdraw the bonus if it has wagering requirements you have to complete.
There are plenty of deposit and withdrawal methods in Bulgarian casinos. To select the optimal one you have to take into account whether you play in a licensed venue, as well as your demands on the payment swiftness, fees, privacy, and bonuses some casinos promote certain deposit options.
Note that if you exchange currencies when depositing to the casino, you will have some extra conversion fee deducted.
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What happens to the unlicensed online casinos in Bulgaria? Who regulates the online gambling industry in Bulgaria?
What is the main gambling law in the country? What is the online gambling age in Bulgaria? History of Gambling in Bulgaria Predictions About the Future of Online Gambling in Bulgaria.
Spintropolis Casino. Playamo Casino. King Billy Casino. Poverty remains a big problem as more than 20 percent of the population lives below the poverty line.
Additionally, Bulgarians have the lowest purchasing power of all EU countries. More than 4,2 million people in the Eastern European country have access to the world wide web, which equals a penetration rate of nearly Needless to say that more and more Bulgarians use a mobile device to access the internet.
The online gambling trend is definitely here to stay and an unstoppable force due to the endless list of favorable characteristics, to name a few:.
Online casinos also offer the free-play feature, which allows players to master their preferred games before playing for real money. However, gamblers who want to win some cash have to play for real money.
Fortunately, virtual casinos feature a multitude of reputable payment methods , like:. From the very beginning of the current gambling market development, the Bulgarian government tried to come up with a working scheme that will be practically applicable.
They saw gambling market as a good place for getting taxes, creating jobs, and attracting tourism and investors. Today, Bulgaria shows an example to many European countries when it comes to legalized betting.
The benefits of its market include competitive tax rates for businesses, numerous created jobs, government support of the niche, plus player-friendly conditions for both locals and visitors.
Offline venues include all classic punting and betting activities - from lottery and Toto to sports betting. Talking about Bulgaria online casinos, the situation is a bit more complicated, but at the same time, it is comprehensive and reasonable.
All local operators can apply for a license to provide services in the web. International companies can also do so - like Betfair casino.
Those sites that offer services to Bulgarians without proper license are blocked. At the time of writing, there were around blocked platforms, and the list is growing.
Players are free to make real money bets at locally or internationally operated casinos. There are no known cases of player persecution if the player happened to make bets at an offshore casino that did not acquire Bulgarian license.
The main law applied to gaming in the country is the Bulgarian Gambling Act approved in There was a Gambling Act before - adopted back in - but the previous one did not take into consideration the realities of web gaming.
Today, according to the new legislative Act, local operators and offshore companies have to have a locally issued license.
However, only businesses that are run from the EU and the EEA countries, as well as in Switzerland, are eligible to apply for a Bulgarian license.
Other operators are not allowed and are usually blocked. Yet, there is no law that prohibits Bulgarian players to play online casino game real money at unlicensed online casinos Bulgaria.
If you cannot access them from Bulgaria, you can do that when travelling abroad, and no persecution is expected. The state makes sure that players were offered safe and licensed sites, and tries to block illegal services rather than persecute people who uses such services - often being not aware they are pretty much illegal.
The main authority that regulates all the issues on gaming in the country is the Bulgarian State Commission on Gambling. This Commission grants licenses and withdraw the expired ones, blocks and blacklists illegally provided services, and works on making gambling in the state safe and entertaining.
The Commission works under the supervision of the Minister of Finance, and has a head office in the city of Sofia.
The workflow and working arrangements of this agency are determined by the Council of Ministers, while the financing is provided by the state. Compared to some rip-off taxes in the neighboring countries, it becomes clear why Bulgarian gaming market is so competitive.
The players, on the other hand, are not expected to pay any taxes on their winnings, regardless of the type of betting activity, and whether it was online or offline.
The only exception is made for the professional poker players for whom Bulgaria online casino winnings constitute a considerable part of their income.
However, this is a general rule that exists almost in any country where gambling is legally allowed and tax-free for players.
Bulgaria does not have a crazy number of land based casinos and betting facilities, but they all are opened to locals and tourists. Greentube NetEnt Microgaming Playtech Aristocrat.
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