Betting Site Laws in Bulgaria Explained

With the trend of online betting growing more and more by the day, people from all over the globe are looking to jump on the trend and have some fun. The chance to win big while following a sport you enjoy is a dream for many, and betting sites give people the chance to do this from the comfort of their own home. Naturally, the online betting trend has sparked some interest in the Eastern European country of Bulgaria. As big fans of football, basketball, and volleyballs, many Bulgarians hope to ditch traditional bookies for the more convenient online alternative.

Of course, this poses the question of the legality of online betting in the country. Since many countries around the world tend to have different laws surrounding online gambling and traditional gambling, many Bulgarians are uncertain if the option is even available to them. The history of gambling laws in Bulgaria is relatively short, but it does include some important things to note. That said, here's what you need to know about the laws regarding betting sites in Bulgaria.

Online Betting Is Legal

Gambling has been legal in Bulgaria since 1993 by government decree. Several casinos and other gambling establishments were legalized, although regulation was close to non-existent for the next few years. Thankfully, the problem with regulation was addressed appropriately in 1998 with the passing of the Gaming Law. A similar trend appeared a decade later when online gambling became legal in 2008. Regulation once again appeared to be very lax, until the 2012 Gambling Act that addressed proper regulation of online gambling inside the country.

While it's safe to say that most people who enjoyed casual gambling were satisfied with this, providers got the short end of...