Balkans

Bulgarian Legislature Approves the Bill to Abolish Gambling Commission

 The HALLO ECHO
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  The Bulgarian legislature has approved the second reading of a bill that aims to abolish Bulgaria’s existing gambling regulator and hand its duties to the National Revenue Agency, as well as to introduce new capital requirements for licensees. Bill 054-01-51 to Amend and Supplement the Gambling Act was introduced in June and approved by…

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Bulgarian Bill Proposes Closure of Most Casinos

 The HALLO ECHO
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  A political leader has presented a bill to the Bulgarian parliament which proposes the closure of most of the country’s casinos and gambling halls by the end of 2025. Put forward by Valeri Simeonov, leader of the National Front for Salvation of Bulgaria (NFSB), the bill proposes that casinos and gambling halls be allowed…

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Bulgarian Gambling Regulator Suspends Eurofootball Licence

 The HALLO ECHO
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  The Bulgarian State Commission on Gambling has suspended the licence of bookmaker Eurofootball for three months over unpaid taxes. The commission said that Eurofootball could resume betting activities if it pays 329 million levs ($182.11 million) to the state within three months. Eurofootball was founded in 1990 and became hugely successful with more than…

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Serbia Plans to Raise Online Gambling Taxes

 The HALLO ECHO
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  The lawmakers in Serbia are pushing a bill that would set higher online gambling taxes. Serbia currently taxes online gaming at 5% of GGR but the new bill would increase this to 15% for online betting and 10% for other games. The bill would also allow for up to 10 licenses to be awarded…

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Bulgarian Parliament Approves Private Lottery Ban

 The HALLO ECHO
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  The Bulgarian parliament has approved the second reading of legislation that amends the country’s Gambling Act to ban private lottery operators. Once enacted, all lottery games not operated by the state-run Bulgarian Sports Totalizator must cease their operations within 90 days. The new rules do not apply to state-licensed private operators offering sports betting,…

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Zitro Obtains The Manufacturer’s License In Bulgaria

 The HALLO ECHO
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  Zitro, a global leader in the gaming industry, has been granted the Bulgarian manufacturer’s licence from the local gaming authorities. This licence allows the company to sell its amazing slot machines directly to the casino operators, cutting down delivery times and facilitating a more efficient time-to-market. Nadège Teyssedre, Director of Sales for EMEA of…

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