Online Casino Bulgaria

Bulgaria Online Casino Sites

You should not make a hasty decision in choosing an online casino. Proper research and due diligence are important for choosing a reputed online casino. You can visit the website 1Casino1 for choosing a good online casino in Bulgaria and entering our blog to enrich your knowledge about online gambling. We are a leading affiliate casino website with a listing & reviews of the best online casinos in Bulgaria. From free online casinos to live casino websites where you can play for real money. You should access the following factors for choosing the best online casino to play on:

Registration and Licensing

The first thing to check for an online casino is their registration and licensing details. All legal online casinos are registered and licensed under some statue. Their operations are governed by these statutes. You should avoid signing up and playing on an online casino that is not registered or is unlicensed. Laying on unlicensed casinos does not provide you any legal protection in case the casino does not honor your prize-winning. You can end up losing your hard-earned money if you decide to play on such shady online casinos.

Type of Casino Games

From Baccarat to online slots and roulette games, an online casino should provide you the maximum number of online games. Ideally, you should have the option of playing all the games that you can enjoy in a brick and mortar casino. A reputed online casino will ensure that the games on their platform are transparent and not rigged. Online casinos that rig games should be completely avoided. The chances of your winning reduce drastically if the games are tampered with or are rigged.

User Friendliness

Online casinos are all about providing flexibility to their customers to enjoy their favorite games from the comfort of their homes. You do not have to visit a brick and mortar casino to play games. User-friendliness is an important aspect to assess the suitability of an online casino for you. They should offer you maximum choices for depositing (like PayPal and Paysafecard online casinos) to your online gambling account. Most reputed online casinos are now accepting cryptocurrencies as a mode of deposit. The other deposit methods should also be secure and allow you to deposit to your account instantly. Online casinos should offer their customers to play casino games on mobile-based platforms. This provides you the flexibility to enjoy online gambling while on the go.

Security

Security is critical in online gambling. You would be making deposits and playing games online. The software used by an online casino plays a very important role in ensuring your safety. If this software has loopholes, it can be easily hacked into. This can compromise your personal and sensitive information that can be misused by hackers. You should check the integrity and safety of the software being used by an online casino before signing up. You can check if the online casino has conducted any independent third-party software audit. Online casinos that undertake regular software audits should be preferred for online gambling.

Transparency

An online casino should be transparent with its players. Transparency and trust play an important role in attracting new customers and retaining existing ones. You must check the policies followed by the online casino relating to bonuses and withdrawals. Such policies should be reasonable and transparent. They should not restrict or undermine the interest of the players. Some online casinos use restrictive and unfair policies relating to bonuses and withdrawals. Search policies can limit the way you use the bonus and can also prevent you from withdrawing the entire prize-winning. In some cases, it can take you a few years to completely withdraw earnings. You should stay clear of such online casinos

Online Gambling in Bulgaria: Laws and Regulations

Online gambling laws in Bulgaria are quite liberal compared to other European countries. Online gambling is legal in the country. All online casinos offering their services Bulgaria need to be licensed by the government. All online casinos whether local or international need to obtain this license to remain legal entities in Bulgaria. The government earns considerable revenue in the form of taxes and licensing fees from online gambling operators. All gambling operations in Bulgaria are regulated under the provisions of The Gambling Act, 2012. The act provides details of permissible gambling activities that can be offered by state-owned or private operators after acquiring a license.

According to the earlier Act, online casinos had to pay access up to 15% off their total turnover. This was a major deterrent for online casinos to offer their services in Bulgaria. The Act was later amended in the year 2013. The new amended act required online casinos to pay a one-time license fee of 50,000 euros. It also required them to pay taxes amounting to 20% of their gross profits. The reduced taxes and licensing fees attracted many new online casino operators in the country. Since then online gambling has become a significant contributor to the Bulgarian economy.

The Bulgarian government is very strict in taking action on unregistered and unlicensed online casinos, all online casinos that do not require a license from the Bulgarian government are banned. More than 300 such online casinos have already been banned by the government. However, since the number of online casinos is very large the government is unable to ban all of them. Hence, Bulgarians can play on all these online casinos without being penalized or prosecuted.

Sports betting is also legal in Bulgaria and is mostly controlled by the government, you can place your bets on sporting events through offline betting agencies. The government has a monopoly on the online sports betting industry also. There are also many legal international sports online betting websites that obtained the license.

Gambling History in Bulgaria

Bulgaria has a long and rich history of gambling. The first brick and mortar casino in Bulgaria was open in 1979. During that time only the foreigners could gamble in that casino. Discrimination has changed and now there are enough casinos in Bulgaria where the locals can play. Earlier Bulgaria was a part of the Soviet Union. Gambling of all types and forms were banned in the Soviet Union and trespassers were strictly prosecuted. Bulgaria attained independence in 1993 and since then it has worked towards regulating the gambling industry.

The Bulgarian State Commission on Gambling was established in 1998. It is the regulated body for the gambling industry in Bulgaria and issues connected with licenses for gambling operators. Bulgarian started working towards legalizing and regulating the online gambling industry from the year 2008 onwards. Prior to this, Bulgarians could play on online casinos, but it was considered illegal. The new act was introduced in Bulgaria in 2012 for regulating online gambling. The Act made online gambling legal in the country and introduced a system of obtaining licenses for online casinos. This Act was further amended in 2013 to reduce the licensing fee and taxation. The amendment made the online gambling industry more lucrative for the top online casinos.

The Future of Online Gambling in Bulgaria

Bulgaria is a perfect example of how to have an open yet regulated gambling industry. Unlike most European countries, gambling is legal in Bulgaria. The government has effective controls and mechanisms for regulating the gambling industry in the country. Gambling is very popular in Bulgaria and a high percentage of Bulgrians play on big casino sites like 777, 888, winbet, boku and efbet online casinos. It is estimated that more than 40% of the Bulgarians involved in some form of gambling activities that include brick and mortar casinos, online casinos, sports betting, lotteries, etc.

The online gambling industry in Bulgaria is likely to move towards mobile-based platforms. This means you can play your favorite games on your mobile devices. This will make online gambling even more convenient and allow you to play on the go. Virtual reality is likely to reshape the Bulgarian online gambling industry. Most of the top online casinos may integrate VR into their platforms. The use of VR will provide more realistic and improved end-user experience. The Bulgarian government has adopted a liberal stance towards the online gaming industry. Going forward, more and more online casinos are likely to obtain government licenses and offer their services in Bulgaria.

The deposit methods are also expected to pick up more diverse and customer friendly. Most online casinos allow bank wire transfer, credit cards, online wallets, etc. as deposit methods. Cryptocurrency is becoming popular in Bulgaria and it is likely that most of the top online casinos will accept it as a mode of deposit. You can use popular cryptocurrencies like Bitcoin to deposit money to your online gambling account. This will make the process of depositing more secure and cost-effective. If you are an online gambling enthusiast, then you can look forward to better days in Bulgaria.

Bulgaria Casino Online FAQ (5)

• Is It Legal to Play on Online Gambling Sites in Bulgaria?

  After the introduction of the new Act in 2012, online gambling has become regulated and legal in Bulgaria. You can access most of the top online casinos and play on them. To be a legal entity in Bulgaria, online casinos have to follow government regulations. They need to obtain a government license and pay the required license fee and taxes. Once they obtain the license, they can offer this service in Bulgaria legally. International online casinos that are not licensed in Bulgaria are considered illegal. However, you can continue to play on these unlicensed sites without fearing any type of prosecution food store.

• Do Bulgaria Authorities Allow for Online Sports Betting?

  Online sports betting is also legal in Bulgaria. It is mostly controlled and dominated by the state of entities. Football is the most popular sporting event in the country for sports betting. Bulgarians can place their bets through various offline and online sports betting agencies. You can also place your back on international online sports betting agencies. Even if these international online sports betting agencies are not licensed in Bulgaria, you can back them without being penalized or prosecuted.

• Is online gambling safe for Bulgaria?

  Online gambling is safe in Bulgaria as it is legal. You do not have to worry about being prosecuted by the authorities for indulging in online gambling. However, you still need to choose a reputed online casino to sign up and play on. You must ensure that the online casino should be licensed in Bulgaria as it makes them a legal entity. Doing thorough research helps and choosing a reputed online casino helps in protecting your money while playing online.

• Are Bonuses Offered by Online Casinos in Bulgaria?

  Bonuses are offered by most online casinos offering their services in Bulgaria. You need to ensure that the casino accepts players from Bulgaria. if it does, you can use the bonus offered by them to play on their site. The bonus offered is generally two to three times your initial deposit. You should check the bonus related policies of an online casino to ensure that it does not restrict you in using the bonus.

• What Are the Available Deposit Methods?

  Deposit methods are different channels that allowed you to deposit money in your online gambling account. The most common deposit methods include bank wire transfer, credit cards, prepaid credit cards like Paysafecard, online wallets (like PayPal), etc. Some online casinos also accept cryptocurrencies (like Bitcoin currency) as a deposit method. An online casino offering more deposit methods is better for you. You should also ensure that deposit methods are secure and allow you to instantly deposit money in your online gambling account.