Tag Archives: bulgaria

The National Revenue Agency (NRA) of Bulgaria has blocked access to over 150 unlicensed gambling websites as part of an enforcement campaign initiated this September.  The department that oversees gambling within its supervisory remit informed that the majority of illegal websites were licensed outside of EU member states jurisdictions. The NRA did not publish any details on which websites it …

The National Revenue Agency (NRA) of Bulgaria has formed a new branch titled “Prevention and Counter Action Against Money Laundering” – part of the government’s commission that oversees gambling activity in the country.  This is part of the list of changes introduced to Bulgaria’s gambling regulatory framework in 2020 that place the Director of the NRA as the ultimate legal …

Winbet has renewed its sponsorship of Bulgarian football club, Botev Plovdiv. The bookmaker’s logo will continue to be seen on the official and training kits of the club’s first and second teams, with its branding also placed around the Hristo Botev Stadium and the Nikola Shterev-Starika Sports Complex. Chief Marketing Director of Winbet, Desislava Koleva-Ivanova, stated: “The partnership between Winbet …

Altenar has completed the next step in its global expansion plan by going live with Bulgarian operator group Palms Bet. The Malta-based provider has outlined that the country has long been one of its key focuses, with projected sports betting revenue of more than €850m in 2026, almost €600m more than six years previously. George Mavridis, Account Manager at Altenar, …

Altenar has strengthened its B2B supplier presence in the Balkans by partnering with Bulgarian operator BetMarket to redevelop its sportsbook and igaming offering.  BetMarket already has an existing relationship with Altenar, which has serviced the Bulgarian operator’s prop markets and virtual sports offering. BetMarket, which started as a bingo and slot games operator in 1997, has steadily grown its sports …

Under the country’s new regulatory framework, SportingWin made its launch in Bulgaria in 2022, and has since lauded the region as having an ‘increasingly competitive’ market where it aims to move up the ranks. The operator’s Investment Director, Mark Chakravarti, discussed with SBC News its growth in the country in line with a recent collaboration with online sports betting company, …

The Bulgaria Football Union (BFU) has publicly stated that it does not support a ban on gambling advertising to be imposed on Bulgarian sports.  A divided National Assembly carries an agenda to reform Bulgaria’s existing gambling laws, in which MPs have been urged to consider a ban on gambling advertising and the privatisation the state-owned Bulgarian Sports Totalisator (BST). Last …

Ringier Sports Media Group (RSMG) continues to expand its European sports betting presence launching its flagship Sportal domain in Greece. Recognised as the leading sports portal in the Balkans and Central Europe, the launch of Sportal.gr will provide Greek audiences with the most comprehensive news, live scores and analysis of sports coverage and betting markets. Greece becomes the sixth European …

MaxBet will expand its home market presence in Serbia, having reached definitive terms to acquire the arcade properties of El Dorado Slot Clubs. The Balkans gaming group confirmed that it reached a deal with BARGAME AD, a subsidiary of CT GAMING Bulgaria, to acquire El Dorado Slots Clubs’ eleven arcade gaming properties located throughout Serbia. Of strategic relevance, the acquisition …

Bulgaria’s National Assembly has confirmed that it has received a bill that seeks to expand the games offering and retail coverage of state-owned gambling operator BST – Bulgarian Sports Totalisator (BST).  The mandate calls for BST, the operating company of Toto BG, to be allowed to expand its retail presence, doubling its point of sales network from 1,500 to 3,000 …