G3-247 Report BULGARIA MARKET REPORT
Foreigners can open casinos but only in a hotel with three stars or more where the hotel is owned by the company or a company under its control. They must
invest in Bulgaria with funds not less than €10m
l
For casino gambling – investments must be not less than BGN600,000 and funds for organising not less than BGN600,000.
l
Online gaming – investments must be not less than BGN600,000 for online betting and BGN300,000 for other types and funds for organising not less than BGN1m.
l
For manufacture, distribution and serving investments must be not less than BGN600,000.
l
For import and distribution – funds must not be less than BGN200,000
l
Foreigners can open casinos but only in a hotel with three stars or more where the hotel is owned by the company or a company under its control. They must have invested in Bulgaria with funds not less than €10m and made at least 500 jobs available.
6 2
l
Gaming slot halls and casinos must be at least 300m from schools and orphanages unless they are housed in four or five star hotels.
l Legal gambling age is 18 years. l
Slots in gaming halls shall have a payout of not less than 80 per cent.
l Gaming hall rules are as follows: l l
50 slots (seats) permitted in towns with 500,000 plus inhabitants.
l
30 slots (seats) permitted in towns with 50,000 – 500,000 inhabitants.
l
15 slots (seats) permitted in towns with less than 50,000 inhabitants
l
The minimum area for installation and operation of slots is 2sq.m
CASINO RULES: l
l
Gaming tables permitted are roulette wheel and card games (poker, dice etc)
There must be a minimum of five gaming tables in casinos (at least two roulette wheels) and minimum of 15 slots.
l Linked jackpots and tournaments are permitted. l
Numerical lottery, bingo, keno – BGN20,000 for each game.
l Instant lottery – BGN20,000 for each game.
Sports betting, horse and dog racing – BGN20,000 each game
l Games of chance – BGN20,000 l
Slot halls with 15 slots – BGN7,500 plus BGN100 per each additional gaming space
l
Slots halls with 30 slots – BGN15,000 plus BGN100 per each additional gaming space
l
Slots halls with 50 slots – BGN25,000 plus BGN100 per each additional gaming space.
l
Casinos with five tables and 15 slots – BGN35,000 plus BGN2,000 per each additional table and BGN100 per additional slot.
l
Licences are issued for five years unless investments exceed a certain limit then 10 year licences are given.
LICENSING FEES: l
Traditional lottery – BGN20,000 l Lottery – BGN5,000
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