Ever since Bulgaria moved to a market economy, the gambling business in the country has been actively developing in both offline and online gambling activities. The most common practices are the organization and sales of land-based casinos. However, online gambling has gained more and more popularity due to recent events, like the global pandemic, that have impacted players’ interests. The Law on the regulation of the Gambling Business was adopted in Bulgaria in 1999 and has been operating with various alterations ever since. The correspondin...g license for gambling used to be issued by the Bulgarian State Commission on Gambling, which handed its duties to the National Revenue Agency in the year 2020 and fell under its jurisdiction.
Presently, no brands with Bulgarian license are listed. However, anticipate our handpicked compilation of the top 10 favored casinos, customized specifically for Bulgarian players!
Explore the pinnacle of online gaming with the Best Casinos boasting BNRA licenses, ensuring a secure and regulated gambling environment. Unleash the thrill of top-notch gameplay backed by the highest standards in safety and fairness.
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Introduction to Casinos with BNRA License
In a bid to ensure the integrity and fairness of online betting activities, the Bulgarian National Revenue Agency (BNRA) plays a pivotal role as the regulatory authority for the jurisdiction. Under the directive Z-CU-1008/06.04.2021, the Director General of NRA approved a meticulous methodology for testing the functionality of central computer systems and control local servers of online betting organizers, reinforcing the commitment to a secure gambling environment. The following key points underscore the significance and requirements for obtaining a license to organize online betting:
License Eligibility: Online betting licenses are granted to commercial companies registered in Bulgaria, other EU member states, EEA countries, or the Swiss Confederation, ensuring a broad yet regulated scope of participation.
Operational Conditions: Stringent conditions, as outlined in Article 6 of the Gambling Act, include the absence of enforcement measures for five years, the localization of communication equipment and central premises, and the establishment of a licensed bank account for bets and payouts.
Technical Standards: The organizer's central computer system (CCS) must adhere to specific technical standards, including real-time transmission to an NRA server, online registration of transactions, and entry into registers maintained by the Bulgarian Institute of Metrology.
The BNRA extends its oversight to various types of licensed games of chance, such as lottery games, sports betting, slot machines, and casino games, emphasizing the importance of maintaining responsible gambling practices. Websites without valid licenses are closely monitored, and the public is encouraged to report unauthorized gambling activities through the designated email address [email protected]. The BNRA's commitment to ongoing regulatory oversight is evident in its methodology for testing the functionality of central computer systems, reinforcing Bulgaria's position as a jurisdiction dedicated to the security and fairness of online gambling.
Tsars Casino offers over 3000 slot games and over 75 live dealer casino games. The welcome bonus offer is 100%/€2,000 200 Free Spins with wagering requirements of 25x on the amount of Deposit & Bonus. The venue supports 17 popular payment methods and is available in 14 languages. The minimum deposit is €20, and the minimum withdrawal is €20. The casino has a VIP program for loyal players. For non-VIP players, the withdrawal limit is €30,000 per Month. Crypto payments are accepted, with over 4 popular cryptos. There are regular casino tournaments to compete at. The website is fully compatible with all popular devices.
Bonus Quality
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Tsars Casino accepts 17 payment methods and processes 12 currencies. The standard processing time is Up to 3 Business days, depending on the payment method. The minimum deposit and withdrawal amounts are €20 and €20, respectively with a withdrawal limit of €30,000 per Month. Popular payment methods are Visa, Coinbase, MasterCard, and more. Popular currencies are Bank Transfer, EcoPayz, Giropay, Interac, Jeton, Klarna, Mastercard, Neosurf, Neteller, Paysafecard and others.
BC.Game Casino offers over 6000 slot games and over 610 live dealer casino games. The welcome bonus offer is 360%/$220,000 with wagering requirements of 60x on the amount of Deposit & Bonus. The venue supports 5 popular payment methods and is available in 21 languages. The minimum deposit is $0.01, and the minimum withdrawal is $10. The casino has a VIP program for loyal players. For non-VIP players, the withdrawal limit is $1,000,000 per Month. Crypto payments are accepted, with over 54 popular cryptos. There are regular casino tournaments to compete at. The website is fully compatible with all popular devices.
Bonus Quality
Overall, BC.Game Casino offers 4 different bonuses. The First Deposit bonus is 180% up to $20,000 with wagering requirements of 60 on the amount of Deposit & Bonus. Other bonuses include Second Deposit, Third Deposit, Fourth Deposit. See our Instant Bonus Calculator below to see the Required Amount to be Played before cashing in the bonus.
BC.Game Casino accepts 5 payment methods and processes 55 currencies. The standard processing time is Up to 3 Business days, depending on the payment method. The minimum deposit and withdrawal amounts are $0.01 and $10, respectively with a withdrawal limit of $1,000,000 per Month. Popular payment methods are Visa, Coinbase, MasterCard, and more. Popular currencies are Coinbase, CoinsPaid, Maestro, Mastercard, Visa and others.
Thunderpick Casino offers over 3600 slot games and over 85 live dealer casino games. The welcome bonus offer is 100%/€2,000 with wagering requirements of 40x on the amount of Deposit & Bonus. The venue supports 4 popular payment methods and is available in 8 languages. The minimum deposit is €20, and the minimum withdrawal is €10. The casino has a VIP program for loyal players. For non-VIP players, the withdrawal limit is €400,000 per Month. Crypto payments are accepted, with over 11 popular cryptos. There are regular casino tournaments to compete at. The website is fully compatible with all popular devices.
Bonus Quality
Overall, Thunderpick Casino offers 1 bonues. The First Deposit bonus is 100%/€600 with wagering requirements of 40 on the amount of Deposit Only.See our Instant Bonus Calculator below to see the Required Amount to be Played before cashing in the bonus.
Thunderpick Casino accepts 4 payment methods and processes 1 currencies. The standard processing time is Up to 3 Business days, depending on the payment method. The minimum deposit and withdrawal amounts are €20 and €10, respectively with a withdrawal limit of €400,000 per Month. Popular payment methods are Visa, Coinbase, MasterCard, and more. Popular currencies are Binance Pay, Coinbase, Mastercard, Visa and others.
Verde Casino offers over 3000 slot games and over 147 live dealer casino games. The welcome bonus offer is 100%/€1,200 220 Free Spins with wagering requirements of 40x on the amount of Deposit & Bonus. The venue supports 43 popular payment methods and is available in 12 languages. The minimum deposit is €20, and the minimum withdrawal is €20. The casino has a VIP program for loyal players. For non-VIP players, the withdrawal limit is €30,000 per Month. Crypto payments are accepted, with over 3 popular cryptos. There are regular casino tournaments to compete at. The website is fully compatible with all popular devices.
Bonus Quality
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Game Selection
The game portfolio of Verde Casino consists of more than 3000 slots and over 147 live dealer games. In total there are, 75 software providers such as 1spin4win, 1X2gaming, 7Mojos, Amatic Industries, Arcadem, Atomic Slot Lab, Aviatrix and others.
Payment Options
Verde Casino accepts 43 payment methods and processes 23 currencies. The standard processing time is Up to 3 Business days, depending on the payment method. The minimum deposit and withdrawal amounts are €20 and €20, respectively with a withdrawal limit of €30,000 per Month. Popular payment methods are Visa, Coinbase, MasterCard, and more. Popular currencies are AstroPay Card, Bank Transfer, Beeline, Blik, Bradesco, EcoPayz, Entropay, ePay, EPS, eZeeWallet and others.
Betflare Casino offers over 8828 slot games and over 462 live dealer casino games. The welcome bonus offer is 250%/€2,000 300 Free Spins with wagering requirements of 40x on the amount of Deposit & Bonus. The venue supports 5 popular payment methods and is available in 6 languages. The minimum deposit is €20, and the minimum withdrawal is €50. The casino has a VIP program for loyal players. For non-VIP players, the withdrawal limit is €50,000 per Month. Crypto payments are accepted, with over 7 popular cryptos. There are regular casino tournaments to compete at. The website is fully compatible with all popular devices.
Bonus Quality
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Betflare Casino accepts 5 payment methods and processes 9 currencies. The standard processing time is Up to 3 Business days, depending on the payment method. The minimum deposit and withdrawal amounts are €20 and €50, respectively with a withdrawal limit of €50,000 per Month. Popular payment methods are Visa, Coinbase, MasterCard, and more. Popular currencies are Bank Transfer, Credit/Debit Card, eZeeWallet, Interac, iWallet and others.
The History of Bulgarian State Gambling Commission
For over three decades, the Bulgarian State Gambling Commission has played a crucial role in steering the nation's gambling industry. Established in response to the challenges emerging during the transition to a market economy in 1989, the commission has been pivotal in regulating both land-based and online gambling activities. The journey of the Bulgarian State Gambling Commission reflects a commitment to fostering a secure and transparent gambling environment, ensuring the industry's integrity while adapting to evolving economic and societal landscapes.
Timeline of the Bulgarian State Gambling Commission
1979:Vitosha Casino opens in Sofia, marking the inception of legal gambling in Bulgaria.
1989: Bulgaria transitions to a market economy, leading to the emergence of semi-legal gambling establishments and prompting the need for regulatory measures.
1993-1999:A decree is enforced to regulate land-based casinos, bingo, and lotteries.
1999:The Law on the Regulation of the Gambling Business is adopted, serving as the foundation for contemporary gambling legislation.
Early 2000s: The State Gambling Commission is established as a regulatory body within the Ministry of Finance to oversee and license gambling activities.
2000s-2010s: The commission continuously amends and updates regulations to address challenges and ensure the industry's compliance with evolving standards.
2011: Legalization of sports betting, horse racing, and online poker expands the scope of permissible gambling activities.
2012:The tax on gambling business is introduced at 7%, later increased to 15% in 2013, impacting the revenue collection from the gambling sector.
Present: The State Gambling Commission remains vigilant, upholding strict standards for licensing, conducting inspections, and ensuring responsible gambling practices.
The history of the Bulgarian State Gambling Commission mirrors the nation's commitment to balancing the growth of the gambling industry with the need for robust regulatory frameworks. Its enduring role encompasses overseeing licensing procedures, conducting inspections, and channeling tax revenues towards vital sectors, contributing to Bulgaria's evolving gambling landscape.
Different Class of Bulgarian Licenses
Unveiling the Layers: A Comprehensive Overview of Class A to E Licenses in Bulgaria's Gambling Landscape.
Class A License:
Highest Class
Issued for Land-based Casinos
Covers Various Games: Slots, Roulette, Cards, Craps
Applicants Must Not Have Criminal Record or Violation of Tax Laws
Class B License:
Authorizes Online Gambling Activities
Issued by State Gambling Commission
Stringent Regulatory Oversight
Operator Must Be Located Within Bulgaria
Sites Without Permission Are Blocked
Specific Conditions for Foreign Entrepreneurs
May Be Granted to EU-Registered Companies
Class C License:
Related to Gaming Software Development
Issued for Creation and Supply of Gambling Content
Stringent Quality Checks by Gambling Commission
Applies to Both Offline and Online Gambling Providers
Prohibits Owners from Producing and Supplying Content
Class D License:
Issued for Specific Gaming Equipment
Regulated by the State Gambling Commission
Ensures Compliance with Technical Standards
Includes Regular Quality Inspections
Covers Both Land-based and Online Gambling Hardware
Class E License:
Government-Owned Gambling Business
Proceeds Benefit Sports, Health, Education, Culture, and Social Sectors
Strategic Role in National Development
Issued by State Gambling Commission
Aims to Foster Public Welfare
Understanding the distinct classes of Bulgarian gambling licenses is essential for operators and stakeholders, each category serving a specific purpose within the comprehensive regulatory framework established by the State Gambling Commission.
Regulation on BNRA Licensed Casinos
Transparency and Integrity: A Closer Look at the Operational Standards and Responsible Gambling Measures Imposed by the Bulgarian National Revenue Agency.
In Bulgaria, BNRA (Bulgarian National Revenue Agency) licensed casinos operate under a robust regulatory framework to ensure fair play and secure gambling environments. Governed by stringent guidelines, these casinos must adhere to specific operational conditions set by the State Committee for Gambling. The licensing process involves rigorous scrutiny of applicants, including financial assessments and compliance checks. The BNRA imposes strict standards on the functionality of central computer systems, emphasizing real-time transmission of game data to an NRA server for transparency. Additionally, the licensing conditions mandate the incorporation of responsible gambling measures, emphasizing player protection. With a focus on integrity and accountability, the regulation on BNRA licensed casinos underscores Bulgaria's commitment to fostering a reputable and controlled gambling industry.
Pros and Cons of Bulgarian License
Pros of Bulgarian License
International Credibility: A Bulgarian gambling license enhances the international credibility of operators, as it signifies adherence to regulatory standards set by the State Committee for Gambling.
Diverse Licensing Options:Bulgaria offers a range of licenses catering to various aspects of the gambling industry, allowing operators to choose the most suitable class for their specific business model, whether it be land-based casinos, online platforms, gaming software development, or gaming equipment.
Transparent Regulatory Framework: The Bulgarian regulatory framework provides clarity and transparency, outlining specific requirements and conditions for obtaining and maintaining licenses, contributing to a well-regulated and accountable gambling industry.
Access to EU Markets: As a member of the European Union, a Bulgarian gambling license facilitates access to EU markets, fostering international partnerships and attracting a broader player base.
Stringent Player Protection Measures: The licensing process emphasizes responsible gambling measures, ensuring operators implement safeguards to protect players, thereby fostering a secure and trustworthy gaming environment.
Support for National Development:Government-owned gambling businesses, licensed under the BNRA, contribute to national development by directing proceeds towards sports, health, education, culture, and social initiatives, aligning the industry with broader societal goals.
Stable Taxation: The tax structure in Bulgaria provides stability for operators, with a clear and defined tax rate, allowing for better financial planning and investment strategies within the gambling sector.
Cons of Bulgarian License
Tax Burden: One notable drawback of a Bulgarian gambling license is the relatively high tax rate, which was increased to 15% in 2013. This increased tax burden may impact the profitability of gambling operators, especially compared to jurisdictions with lower tax rates.
Stringent Entry Criteria: Obtaining a Bulgarian gambling license, particularly a Class A license for land-based casinos, entails stringent entry criteria, including significant capital requirements. This may pose a barrier for smaller operators or new entrants to the market.
Limited Flexibility: The regulatory framework in Bulgaria, while providing stability, may also be seen as rigid by some operators. The prescribed conditions and requirements may limit the flexibility of businesses to adapt quickly to changing market dynamics or adopt innovative approaches.
Localized Operations: The requirement for foreign entrepreneurs to manage a four-star hotel or invest heavily in the Bulgarian economy may be viewed as a limitation, as it emphasizes a commitment to localized operations, potentially restricting the global expansion plans of international gambling companies.
How to Obtain a Bulgarian Casino License?
Obtaining a casino license in Malta is a complex process that involves several steps. The Malta Gaming Authority (MGA) is the regulatory body responsible for issuing and supervising casino licenses in Malta. Here are the general steps to obtain a casino license in Malta:
Step01
Preparation and Research
Understand Licensing Classes: Identify the specific class of license required based on your business model, such as Class A for land-based casinos or Class B for online gambling.
Review Regulations: Thoroughly study the Bulgarian gambling laws and regulations, ensuring a comprehensive understanding of the licensing process and requirements.
Step02
Company Formation
Establish a Legal Entity: Create a legal entity, typically a commercial company, registered in Bulgaria or another EU member state, as required by the licensing criteria.
Step03
Financial Preparation
Meet Capital Requirements: Ensure compliance with the financial criteria, especially for a Class A license, which may necessitate a minimum capital of 500,000 BGN / 286,000 USD.
Step04
Application Submission
Compile Documentation: Prepare a comprehensive set of documents, including company registration, financial statements, police clearance certificates, and permission to open a gambling establishment if applicable.
Step05
Submit to State Gambling Commission
Application Submission: Submit the license application to the State Gambling Commission, providing all required documentation and ensuring accuracy in the submission.
Step06
Evaluation and Approval
Scrutiny Process: The State Gambling Commission will conduct a thorough examination of the application, assessing financial stability, adherence to regulations, and other qualifying criteria.
Site Inspection: For land-based casinos, expect a site inspection to verify compliance with physical requirements and regulations.
Step07
Licensing Fee Payment
Pay Licensing Fees: Upon successful evaluation, fulfill the payment of the applicable licensing fees to the State Gambling Commission.
Step08
License issuance
Receive License: Once all requirements are met, the State Gambling Commission will issue the casino license, specifying the approved gaming activities and any conditions.
Step09
Ongoing Compliance
Adhere to Regulations: Maintain ongoing compliance with Bulgarian gambling laws, including operational standards, responsible gambling practices, and any conditions stipulated in the license.
Step10
Renewal and Reporting
Renew License: Periodically renew the license as required by the State Gambling Commission, ensuring continued adherence to regulations.
Submit Reports: Fulfill reporting obligations, including financial reports and any other documentation required by the regulatory authorities.
Reputation of Casino Licensing From Bulgaria (BNRA)
Apart from being a reputable gambling authority, the Bulgarian National Revenue Agency license can give casinos massive benefits that could strengthen their reputation. For starters, the diversity of the online casino world in Bulgaria is impressive. Players can enjoy playing top-tier online casino games created by leading software providers. Along with that, online casinos that have obtained the license are pretty affordable and set low minimum deposit requirements, making them a great choice for newbies. High-quality live support is guaranteed with Bulgarian licensed casinos since they provide an unmatched level of customer feedback through the total communication channels spectrum. Lastly, authorized operators have a wild variety of deals for both regular players and new players. With all that being said, Bulgarian casinos really are diverse and full of fantastic qualities that could satisfy the needs of players of every level.
Benefits of Using BNRA License
Opting for a Bulgarian National Revenue Agency (BNRA) license presents numerous advantages for gambling operators. The BNRA's stringent regulatory framework ensures a secure and transparent gaming environment, enhancing player trust. Holding a BNRA license not only signifies compliance with robust international standards but also facilitates access to European markets, opening doors to a broader player base. The diverse classes of licenses offered by BNRA cater to various aspects of the gambling industry, providing flexibility for operators to align their business models with specific licensing categories. Furthermore, the BNRA's commitment to responsible gambling practices and ongoing oversight contributes to the overall credibility of license holders, fostering a positive reputation within the global gambling communityл
Stringent Regulatory Standards: BNRA licenses adhere to rigorous regulatory standards, ensuring a secure and transparent gambling environment.
International Recognition: Holding a BNRA license enhances an operator's international credibility, signifying compliance with robust regulatory frameworks.
Access to European Markets:BNRA licenses facilitate access to European markets, allowing operators to expand their reach and attract a broader player base.
Diverse Licensing Options: BNRA offers various classes of licenses catering to different aspects of the gambling industry, providing flexibility for operators to choose the most suitable category for their business model.
Commitment to Responsible Gambling:The BNRA emphasizes responsible gambling practices, contributing to the overall credibility of license holders and fostering positive relationships with players.
Ongoing Regulatory Oversight:The BNRA's commitment to continuous oversight ensures that licensed operators adhere to regulations, maintaining a trustworthy and reputable gambling industry in Bulgariaл
Safety and Security in BNRA Licensed Casinos
BNRA-licensed casinos in Bulgaria prioritize safety and security, offering players a protected and trustworthy gaming environment. The stringent regulatory standards imposed by the Bulgarian National Revenue Agency ensure that licensed casinos adhere to robust security measures, safeguarding sensitive player information and financial transactions. BNRA licenses signify compliance with international best practices, instilling confidence among players regarding the fairness and integrity of the gaming experience. Additionally, BNRA's commitment to ongoing oversight and stringent licensing criteria contributes to the overall safety of the casinos, fostering an atmosphere where players can engage in responsible gambling with the assurance that their interests are protected, and the gaming environment is free from malpractices or fraudulent activities.
Bulgaria- Hidden Jewel in Europe.
“Embark on an Eastern European Odyssey”
Bulgaria, the captivating haven of Europe, enchants explorers with its picturesque landscapes and an array of exciting recreational opportunities across its compact terrain. A distinctive feature of Bulgaria lies in the welcoming and amicable demeanor of its inhabitants, renowned for their readiness to assist and promptly address any inquiries. While online resources provide easy access to information, interacting with locals undoubtedly enriches your exploration. Whether unraveling the mysteries of Bulgaria's cultural heritage, discovering the whereabouts of significant landmarks like the Rila Monastery, or understanding the country's resilience through historical events, engaging with locals unveils a more gratifying experience. Beyond its rich tapestry of history and traditions, Bulgaria has emerged as a thriving hub for the iGaming industry, propelled by the prominence of the Bulgarian National Revenue Agency (BNRA). In the subsequent sections, we will delve into the BNRA's efficacy as a regulator and its pivotal role in shaping the gambling landscape.
Bulgarian State Gambling Commission Contact Information
CasinoLandia's Conclusion on Bulgarian Licensed Casinos
In conclusion, the regulatory framework established by the Bulgarian National Revenue Agency (BNRA) for casino licensing stands as a testament to Bulgaria's commitment to fostering a secure, transparent, and responsible gambling environment. The diverse classes of licenses offered by BNRA provide flexibility for operators, ensuring that the regulatory requirements align with the specific characteristics of their gaming offerings. With a reputation for stringent regulatory standards and international recognition, BNRA-licensed casinos not only comply with industry best practices but also gain access to European markets, expanding their global reach. The emphasis on ongoing oversight and responsible gambling practices further enhances the credibility of BNRA licenses, instilling confidence among players and stakeholders. As the BNRA continues to uphold robust regulatory measures, the future of licensed casinos in Bulgaria appears poised for sustained growth, marked by integrity, player protection, and adherence to the highest industry standards.