Bulgaria Archives

Bulgaria Raids Operations of €30 Million Binary Options Fraud

May 13, 2021

The Bulgarian authorities recently conducted a major raid against an organized criminal group, which was involved in financial frauds using binary options and other risky instruments. The group is believed to...

Bulgaria Asks UAE For Extradition Of Gambling Tycoon Vasil Bozhkov

February 19, 2020

Bulgaria’s ministry of justice has requested the United Arab Emirates to extradite gambling tycoon Czar Vasil Bozhkov, who was charged in absentia with extortion, influence peddling and money laundering among...

New State Gambling Commission (SCC) Panel For Bulgaria

February 5, 2020

Bulgaria’s Ministry of Finance has placed Georgi Yordanov in temporary charge of the country’s State Gambling Commission (SCC) following the resignation of Alexander Georgiev. Yordanov will now act as chairm...

Gambling Crackdown Imminent In Bulgaria Top Tax Man To Head Gambling Commission

April 30, 2019

Bulgaria appoints former Deputy Director of National Tax Agency, Alexander Georgiev, as head of State Commission on Gambling. Former Deputy Director of Bulgaria’s National Tax Agency, Alexander Georgiev, h...

Bet365 Sues Cheeky Bulgarian Outfit Betio for Copyright Infringement

February 12, 2019

British betting behemoth Bet365 is suing Bulgarian white label sports betting tech provider Betio after they rocked up at ICE with ‘similar’ branding. Apparently Bet365, the UK-based betting behemoth is laun...

Bulgarian State Gambling Commission Accredits eCOGRA

January 27, 2014

Online gambling testing and monitoring company eCOGRA has been accredited by the Bulgarian State Gambling Commission (SGC) as an acceptable testing laboratory for online casino, sportsbetting and poker operat...

Bulgaria Awards Second Online Sportsbetting Licence To Sport Toto

January 14, 2014

The Bulgarian State Commission of Gambling has issued the country’s second online sportsbetting licence to state-owned operator Sport Totalizator (Sport Toto). The regulator confirmed in a notice on its webs...

Bulgarian Parliament Approves Decrease In Gambling Tax

December 6, 2013

The Bulgarian Parliament has approved amendments to the Gambling Act that will lead to a threefold reduction in gambling tax in the country. According to the Novinite.com website, the amendments were passed ...

Paysafecard Expands With Bulgaria Launch

November 28, 2013

Prepaid payment provider paysafecard group has announced its launch in the Bulgarian market as part of a move to expand its international operations. The use of paysafecard in Bulgaria will be linked to onli...

Bulgarian Commission Releases Certified Labs List

November 22, 2013

The Bulgarian State Commission on Gambling has unveiled a list of three certified gaming equipment and software testing laboratories for prospective licensees in the country. Gaming certifications testing sp...