Bulgaria's Totalizator Gave BGN 27M for Sports in 2013

Sports | March 19, 2014, Wednesday // 17:22| Views: | Comments: 0
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Bulgaria: Bulgaria's Totalizator Gave BGN 27M for Sports in 2013 Photo by BGNES.

Bulgarian Sports Totalizator has rendered BGN 26,938,000 to the Ministry of Youth and Sports in 2013, a total of BGN 4M more than in 2012.

The increase was primarily due to changes in the Totalizator's regulations, namely a 17% cost reduction, and 18% of revenues allocated to sports, Dnevnik informs.

The company's revenues for 2013 were about BGN 160M, which is an increase compared to the record revenue of BGN 148B reported in 2012.

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Tags: Bulgarian Sports Totalizator, Ministry of Youth and Sports, revenues
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