Top 10 Bulgarian Online Casino Sites
Casinos are becoming a worldwide phenomenon, with lavish and luxurious casinos appearing in all corners of the world, and that goes without saying for Bulgaria, who is benefitting from tourists flooding to the eastern European country due to the exchange rates to try their hand at the premium tables in the countryâs capital and large cities. Here are a few suggestions that we feel are some of the best Bulgaria casinos around:
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About Top 10 Bulgarian Online Casino Sites with a HUGE bonuses!
Online gambling in Bulgaria: The current state of affairs
BG flag iconThe online gambling market in Bulgaria is fully regulated. Ever since 2008, when the legislation regarding gambling was updated to match the European guidelines, the country has been periodically updating its laws to make the market more appealing to the big names in the industry. Both online casinos and sports betting are legal in Bulgaria, and players have plenty to choose from. The State Commission on Gambling is the authority regulating all gambling matters in the country and is directly subordinated to the Ministry of Finance. The First Gambling Law adopted in 2008 was enforced starting with 2012. However, the taxation levels were sky-high, keeping most big players away.
Tweaking the taxes a bit in 2013 made Bulgaria a very appealing market for both local and international online casinos, wiBulgarian flag SVGth online gambling licenses being issued for both operators and game providers so far. Among these, Casino Technology and EGT are local brands that managed to make a name for themselves in the provider industry, supplying casino games for both the online and offline environment all across Europe.
Are there any licensed operators?
licensed casinoYes, there are. Currently, any company located in the region or any other EU country can apply for a Bulgarian online gambling license. To apply for a license, thereâs a fixed tax of BGN 100,000, and the operators that receive the 10-year license will have to pay a 20% tax on gross gaming revenue (GGR). And while for online gambling, thereâs only one type of license, when talking about land-based activities, each gambling product has its own license. Operators that want to offer multiple types of gambling activities have to acquire and pay the application fee for each operation.
The State Commission on Gambling showed a very harsh treatment towards unlicensed operators still addressing Bulgarian players. A blacklist is in place ever since the gambling laws were updated, and the list grows bigger and bigger each month. No company that is added on the blacklist will be able to obtain a license. Also, looking at things from the playersâ perspective, the legal age for gambling in Bulgaria is 18, and all casino enthusiasts should rejoice to find out that winnings from online gambling are not taxed.
Online casinos in Bulgaria: What options do you have?
examine-icon-transDespite the efforts of the State Commission on Gambling to block operators without a license, itâs practically impossible to police the internet. Thatâs why online casino aficionados in Bulgaria can always choose to play at locally-licensed operators or at international sites accepting Bulgarians. Hereâs what each category brings to the table and how to make sure youâre always getting an amazing experience.
Legal And Fair Gaming for Bulgarian Casino Players
The casinos must be licensed from a prestigious agency, such as Curacao eGaming and Malta Gaming Authority. Or, the most reputable of them all, the United Kingdom Gambling Commission. But having a good license is not enough, the casino must ensure the fairness of the games by working with an independent audition agency, such as TST Labs. You can safely use the top picks for Bulgarian online casinos from our above list, which have valid licenses and where you can play in full safety and security terms on the territory of Bulgaria.
Top Online Casino Bulgaria List
Now, it is time to see this list in action: We picked the top Bulgaria online casinos for you and listed them below. Note that some of these sites are operated by companies that exist outside of the country but they still accept Bulgarian members and meet all of our criteria listed above. To play casino Bulgaria roulette online or casino Bulgaria online poker games, for example, these will be the best options you can find. Pick any of them and start trying your luck: We guarantee that you wonât regret this experience. To find out more about online gambling in Bulgaria and specific gambling tips for Bulgarian players, keep reading. Oh and one more thing: While playing casino Bulgaria online roulette games and such, donât forget to read our detailed game guides. For example, we have excellent guides about baccarat.
Are Online Casino Bulgaria Sites Legal?
Or, is online casino legal in Bulgaria? As we mentioned above, Bulgaria is one of the countries that allow online gambling. Since 2018, all kinds of gambling are legal in this country: Online casinos, sports betting, lotteries, and even fantasy sports betting. As long as you get a license from the State Commission on Gambling (Ministry of Finance) you are good to go. Moreover, you donât need to be a citizen of Bulgaria: You can set up shop in Malta, for example, and still get this license. The fee of a license changes between 20.000 and 100.000 LEV, so they are not pricey too.
Sounds good, right? But big operators in this industry still do not have any local operations in this country. There are two main reasons for this:
If the applicant is not a citizen of Bulgaria, he must have an investment in the country that is 10.000.000 EUR worth and employ 500 people.
All applicants must give 20% of their income as tax.
The tax rate is not that high actually, in fact, it is nearly as less as offshore islands. However, the requirement of investment for foreign companies is a deal breaker. Basically, Bulgarian government says âYou can place your headquarters on an offshore island â I donât care. But if you want this license, you must make an investment in my country.â The thing is, there are not many operators out there who are willing to make this kind of investment, 10 million Euros is kind of âbig moneyâ. Therefore, the current local online casinos in Bulgaria are operated by local businesses only. However, the situation is not that bad: Some big brands are about to enter the Bulgarian market, which will mention below. Moreover, there are no restrictions or censorship on offshore gambling sites, Bulgarian players are free to gamble on any site they wish.
- 1 Top 10 Bulgarian Online Casino Sites with a FRESH bonuses!
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- 1.1 About Top 10 Bulgarian Online Casino Sites with a HUGE bonuses!
- 2 Online gambling in Bulgaria: The current state of affairs
- 3 Are there any licensed operators?
- 4 Online casinos in Bulgaria: What options do you have?
- 5 Legal And Fair Gaming for Bulgarian Casino Players
- 6 Top Online Casino Bulgaria List
- 7 Are Online Casino Bulgaria Sites Legal?