The Bulgarian gambling market has emerged as one of the most tempting in the region for international operators.
As a result, the number of Bulgaria online casino operators has increased sharply and new companies contemplate the possibility of opening shop here.
The authorities have contributed to this trend gaining traction in recent years, by passing laws that regulate the gambling industry.
In our guide, you will find out everything you need to know about the laws and regulations in Bulgarian online casinos, all of the accepted payment methods and the very best operators that you can choose from.
How to find the Online Casinos In Bulgaria?
We can help you in the quest of finding the best online casino in Bulgaria with up-to-date information about operators accepting players from this country. Some of these casinos don’t have the headquarters in Bulgaria and simply allow local punters to sign up.
Others found it worthwhile to set up offices here and were quick to apply for a license, as soon as it became available. The same research criteria that are used when searching for top operators are in effect, with the emphasis on security, games offered and bonuses. Our casino Bulgaria online reviews also pay attention to the payment methods and customer support
Online Casinos Accepting Players From Bulgaria
As mentioned above, there are essentially two types of Bulgaria online casino operators that accept players from this country. International gambling groups and run casinos, sports books and poker rooms are among those that accept Bulgarians. Some of them have acquired the licenses needed to cater for local players, while others simply give them access to their products.
At the opposite end of the spectrum, we have online casino Bulgaria operators that are headquartered or have offices in this country. They have applied for a license with the State Commission on Gambling and were granted one after meeting the required criteria. Punters who choose to play at such an online casino in Bulgaria have the advantage of gambling in complete accord with the law.
What Drives the Growth of Online Gambling in Bulgaria?
The numbers speak for themselves and the casino Bulgaria online gambling industry is on a constant expansion. One of the explanations for this trend is that the number of prestigious casinos accepting Bulgarians is on the rise. As a member of the European Union, the country makes it easier for its citizens to access the gambling services offered by European casinos.
Until recently, the lack of competition meant that the number of online casino games Bulgarian players could enjoy were fewer and bonuses less numerous. Today, when more casinos compete for this market, they are compelled to offer better terms to prospective punters. This strong trend is likely to gain further traction as the government has legalized online gambling, therefore making the industry more predictable.
Online Gambling Laws and Regulations in Bulgaria
The State Commission on Gambling is the authority that regulates the online casino real money Bulgaria industry. Casinos, bookmakers and poker rooms who want to cater to local players need to apply for a license, as stated by The Gaming Act. This regulates the procedures and conditions related to organizing gambling and similar activities. Any Bulgaria online casino, as well as operators from the European Union, the Swiss Confederation or the European Economic Area Agreement can apply for a license.
Those who want to enter this market need to meet certain conditions and they need to be simultaneously covered. The terms applying to online casino slots Bulgaria operators can differ slightly from those that should be matched by bookmakers. Slots are the most popular games in this European country in both land-based and online casinos. Brick-and-mortar operators must have at least 10 slots in cities with fewer than 30,000 people and a minimum of 20 in larger cities.
The online casino Bulgaria gambling legislation has changed several times since the first laws were passed back in 2008. This was the year when gambling was officially legalized in Bulgaria and since then the State Gambling Commission has awarded several licenses.
The online casino for Bulgaria taxation rate is 15%, a flat rate that applies to all Internet casinos operating legally. Those who don’t own a license or don’t pay the tax are added on the blacklist and banned by the ISP providers. The Bulgarian Gambling Reform Bill of 2013 has introduced a one-time license fee that all new casinos are supposed to pay.
Bulgaria Online Casino Payment Methods
Bulgarian punters have the option of playing all the games available at online casinos on real and virtual currency. Trying the games in demo format is the sensible way of testing the waters without taking any chances. Eventually, players who are ready to make the transition to real money games can choose one of the payment methods available at the best online casino Bulgaria.
Credit, debit and prepaid cards are used to load an account quickly and players can also rely on e-wallets and wire transfers for deposits and cash outs. The accepted currencies include USD and Euros, but the default currency is the Bulgarian Leva.
Bulgarian Online Casinos Pros and Cons:
- Reliable service, secure payment methods
- Gambling is legal
- Safe Environment
- Fewer operators to choose from compared to other countries
Online Casino Bulgaria FAQ:
What currencies are accepted in Bulgarian online casinos?
The default currency is the Bulgarian Lev and local players are advised to choose it from the list of accepted currency. This can differ from one casino to the other, but it frequently includes the US Dollar, the Euro and the British Sterling pound. By choosing to deposit and gamble in their national currency, players avoid the foreign exchange fees.
Conclusion - Choose The Best Bulgarian Online Casino And Start Gambling!
The Bulgarian online casino industry is growing at a steady pace, since The Gaming Act has made it legal nationwide. Gambling operators need to apply for a license, but once they do, they can provide local punters with access to a broad spectrum of games. The State Commission on Gambling is busy licensing new operators every year, which gives local players a real freedom of choice. Everything suggests that the number of online casinos in Bulgaria will increase over the next few years. Even today, Bulgarian players enjoy access to the same quality games and their European counterparts, at the casinos we recommend.