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Bulgaria Passes Internet Gambling Bill

A report by the Bulgarian Focus states that Bulgarian Law makers have come to an agreement on an online gambling regulatory measure that would block internet access to unlicensed gaming operators.

The new law will establish licensing requirements for online casino operators and includes a provision that would require internet service providers to block unlicensed websites. The bill would also set restrictions on advertising for licensed operators.

The blockade of unlicensed sites will occur once the State Gambling Commission finalizes the regulations and the Sofia Regional Court approves of the measure.

Some analysts have estimated that legalizing and regulating online gambling in the Southeastern European country could bring 100 million leva (€50 million) in revenues annually.

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