Romania Enacts Gambling Restrictions
The Romanian parliament has voted to impose stringent restrictions on the gambling sector, marking a significant shift in the country's regulatory landscape
The deputies finally adopted the amendments to the Law on Gambling. The NRA (National Revenue Agency) takes control of the gambling activity, thus effectively closing the State Gambling Commission.
The Revenue Agency will control the investments and funds for organizing gambling.
With the finally adopted amendments to the Law, the financial requirements for the companies that want to organize gambling are increased. The aim is to limit the activity of small players, including sole traders. The issuance of a casino license will now require a declaration of capital of at least BGN 1.5 million, and the opening of a gaming hall with a slot machine - of at least BGN half a million.
Valeri Simeonov's proposal to organize gambling activities only in five-star hotels, only in resorts and up to 20 km from the borders was rejected.
The proposed changes were supported by 13 deputies, 66 voted against and 16 abstained.
There was a protest by industry workers during the parliamentary vote.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In a sign of the changing climate's impact on agriculture, Bulgarian farmers are gearing up for an early start to the wheat and barley harvest this year as soaring temperatures hasten crop ripening
Online gambling and casinos are becoming quite the attraction for players and enthusiasts alike.
Online sports betting has taken the world by storm, offering enthusiasts an exciting way to engage with their favorite sports.
In response to the ongoing war between Russia and Ukraine, the European Commission has greenlit a significant aid package for Bulgarian farmers, totaling approximately 86.9 million euros
If you compare today's casino experience with two decades back, you can tell that a lot has changed.
Game distributors and casino sites want to be as accessible and user-friendly as possible.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022