The new law sets special licensing regimes for all Internet casino operators
Bulgaria moves to regulate online gambling
2012-03-16
Reading time 35 seg
(Bulgaria).- Bulgarian parliament adopted this week a new law to regulate online gambling for the first time, its press office said. Internet gambling and online betting had not been strictly regulated in the country, opening the door to an ever growing number of scam websites.
The new law sets special licensing regimes for all online casino operators, both Bulgarian and foreign. It also obliges Internet providers to block access to unlicensed gambling websites, which were also to be included in a special blacklist.
This controversial requirement was approved by parliament despite opposition from Internet service providers and rights groups, who said it might set a precedent for filtering other websites. Lawmakers also banned direct advertisement of gambling games.
The new regulations will also bring another 50 million euros (us$ 67 million) of annual revenues to the public budget, according to parliamentarians of the ruling right-wing GERB party.
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