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Bulgaria Blocks Access to 172 Online Casinos

Bulgaria has blocked use of 172 gambling online websites within the last six several weeks, based on the Condition Commission on Gambling.

Many of these will have the ability to get licensed and also to operate legally at first of 2014.

Earlier in 2013, Yordan Tsonev, Chair from the parliamentary budget committee, recommended changes towards the Gambling act, so that they can facilitate gambling online operators.

Eventually, the congress adopted another proposal, those of socialist Mega pixel Georgi Kadiev. Thus, casinos and slot machine game shops is constantly pay 15% tax on their own turnover in 2014.

Gambling online operators, however, will have the ability to get licensed again after having to pay a 1-time control of 250 000 BGN along with a 20% fee around the distinction between revenue and profits compensated.

Based on the Condition Commission on Gambling, some BGN 120 M from gambling tax enter government budget yearly.

 
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