Tag Archives: National Revenue Agency

Market In Review, Part One: Bulgaria In Brief with Rumen Spetsov

Bulgaria

When clocks hit twelve o’clock on New Year’s Eve, we ended a landmark year for the European gambling sector characterised by key regulatory developments across a number of member states.  One of those countries that stepped under the spotlight in 2024 was Bulgaria with the overhaul of its Gambling Act, marking a new chapter for the nation’s gambling sector and …

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Bulgaria strikes down over 50 illegal operators

SBC News Bulgaria strikes down over 50 illegal operators

Roumen Spetsov, Director General of Bulgaria’s National Revenue Agency (NRA), has expanded the country’s online gambling blacklist with 52 more operators. After an exhaustive investigation by the national gambling regulator, its specialised branch – the Electronic Audit of Systems of Gambling Operators (EASGO) – concluded that the websites in question were targeting Bulgarian users without having an active licence under …

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Bulgaria proposes ad-ban, social tax and civic limits to gambling overhaul

SBC News Bulgaria proposes ad-ban, social tax and civic limits to gambling overhaul

At today’s emergency meeting held by the Budget and Finance Commission, attending MPs approved the latest amendments to Bulgaria’s Gambling Act.  The proposals, which recently passed first reading, underwent a second reading led by the Chairman of the Commission, Yordan Tsonev from the centrist DPS party, who is the co-author of the proposed text together with Temenuzhka Petkova from the …

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Proposal to ban gambling ads ahead of Bulgaria elections

SBC News Proposal to ban gambling ads ahead of Bulgaria elections

A new bill to amend the Gambling Act has been proposed by Bulgaria’s biggest political party GERB, together with the Movement for Rights and Freedoms party (DPS).  Targeting untargeted advertisements  The amendments put forward by DPS’s Yordan Tsonev and Temenuzka Petkova from GERB envision to ban gambling advertisements on the TV, radio, print and online outlets, as well as all …

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Bulgaria votes against gambling act amendments

SBC News Bulgaria votes against gambling act amendments

As an unusual April heatwave engulfs the streets of Bulgaria’s capital, passing by the doors of the Parliamentary House in the heart of Sofia might leave one with the impression that the heat is coming from its halls.  Bulgaria’s brightest minds tirelessly pace back and forth in preparation for another day of debates to defend their electorates’ interests – and …

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Bulgarian gambling sector commits to close AML partnership with authorities

SBC News Bulgarian gambling sector commits to close AML partnership with authorities

Stakeholders in the Bulgarian gambling market will take part in a new initiative against AML/CTF alongside Bulgaria’s National Revenue Agency (NRA) and the State Agency for National Security.  The NRA is Bulgaria’s regulatory body that exercises control over the operator licensing process and taxation, with the news being shared during a general meeting organised by Director General Rumen Spetsov.  The …

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Bulgaria’s pursuit of unlicensed igaming providers reaches 600 bans

SBC News Bulgaria’s pursuit of unlicensed igaming providers reaches 600 bans

In the last three months of 2023, Bulgaria’s National Revenue Agency (NRA) blocked more than 600 igaming websites on the grounds of missing a valid licence. The watchdog’s most recently published list of breaches include domains like 22bet, luckyhit, leon casino, and more.  According to the NRA, the commissioned analysis found that the websites offered options to set up a …

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Betway continues Eastern push with Bulgaria launch 

SBC News Betway continues Eastern push with Bulgaria launch 

Betway the flagship global sportsbook property of Super Group, has launched its online gambling platform for the regulated market of Bulgaria, hosted under the domain of Betway.bg  On Monday, Betway announced the launch of Betway.bg to Bulgarian media and its affiliate marketing partners. Betway’s market licence has been granted by the National Revenue Agency (NRA) which is tasked with monitoring …

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