They were known to provide dubious services. Furthermore, there was a lack of oversight of the newly-legal industry. Despite the lack of oversight, Bulgaria's lawmakers had a strong preference for a safe and legitimate gaming experience.
Earlier this year, Bulgaria's Council of Ministers approved a proposal to amend the gambling laws in the country. These changes were prompted by lower taxes on online gambling operations. At the same time, the country's legislators announced that they were willing to loosen the laws regarding online gambling.
Online gambling is regulated in Bulgaria under the Gaming Law of Bulgaria, which was passed in 1998. However, the law has been amended several times in the past. Today, there are thousands of gaming machines spread out across the country. Some arcades feature up to 50 games. For instance, there are video reels and roulette.
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Casinos in Bulgaria are mostly located in resort towns. There are a few land-based casinos in Sofia and Varna. Those places are popular destinations for gamblers. However, the Bulgarian Government does not allow gambling venues to be located within 300 metres of schools or universities.
In the recent years, the Bulgarian government has been criticized for blacklisting foreign and unlicensed operators. In March 2013, the blacklist was expanded. According to the legislation, unlicensed operators are subject to a 15% flat rate tax.
Bonuses offered by online casinos in Bulgaria
The gambling industry in Bulgaria has been around for a long time. Its popularity was greatly increased after the legalization of casinos and bingo halls. In fact, it contributes 80 million dollars to the country's economy every year.