However, this strategy has not slowed down the growth of the gambling industry in Bulgaria.
Currently, there are over 20 land-based casinos in the country, including London Club in Sofia and Royale Palms in Burgas. These casinos offer slots, roulette, cards, and craps.
In order to get a license from the State Commission, an operator must show evidence of its financial stability and have a proven track record in the gambling industry. It is also important to have a strong reputation for customer service and abide by the rules and regulations set by the Commission.
As with other European countries, the Bulgarian gambling industry is regulated by a law passed in 1993. This law has strict requirements for operators to ensure that the money they receive goes towards social and cultural initiatives in the country.
https://thehealthbridges.com/read-blog/7866_izsledvajki-betway-online-casino-recenziya-i-otzivi.html
This law does not prohibit gambling in hotels or public spaces, but it requires that the proceeds from these enterprises go toward sports, healthcare and culture projects in Bulgaria. This requirement is based on the idea that it’s better to invest in the Bulgarian gambling industry rather than abroad.
The legislation requires that all gambling businesses have a license from the State Commission, and only representatives with higher education and a relevant work experience can hold such a position. This commission is part of the Ministry of Finance and is made up of individuals with no financial interests in gambling.
While the Bulgarian gambling industry is growing, it still has some issues to resolve. For example, the country’s government has imposed heavy taxation on online casino operators.