Government Seeks To Legalize Online Gaming

10 June 2013 – By Cristian Dragomir

150€ Bonus from 888 Casino!
The most recommended
888 online casino on Internet

http://www.888.com

Bulgaria is one of the few countries in the European Union that has not yet fully regulated the online casino market. In March 2012, the government attempted to regulate gambling for the first time in this southeastern European country which has almost 7.3 million citizens. Despite this attempt, the Bulgarian government did not managed to stop illegal online casino gambling and is now trying to block online gaming operators with no local license from doing business in their country. Therefore, unlicensed online gaming operators will face the new gambling legislation which will blacklist illegal operators.

Lawmakers in this country have already begun implementing internet regulatory measures and started placing internet blocks on unlicensed operators. In order for the ban to finally become effective, the State Gambling Commission must finalize regulations which must be approved by the Sofia Regional Court. According to the draft law, the new regulations sets licensing requirements for all online casino operators, both Bulgarian and foreign. Also, the new law makes provisions for requests to Internet service providers to block access to gambling websites that do not own a license to operate. Attempting to stop unlicensed online casino operators has brought fears of even wider restrictions. The Bulgarian government is very serious on this matter and managed to publish a blacklist of illegal operators, signaling they want to put a stop to this problem once and for all.

This new law of the State Gambling Commission involves clauses which will restrict gambling advertising even to licensed operators, causing concern among some that this is just the beginning of ever more draconian measures. Analysts of the Bulgarian market believe the regulation of online gambling could bring another 50 million euro of annual revenues to their emerging market economy. For this reason, government advisers, in an effort to realize the positives of online gaming, stated that besides the revenues, the legalization will align the Bulgarian law to the values promoted by the European Union and the European Commission. Online casino players in Bulgaria will have the opportunity to play their favorite games at one of the many operators that will be present on the market once it is fully regulated.

Latest Casino News

Two years and going strong! The summit of igaming in Malta has gained a lot of traction since it kicked off in 2014, with big gaming operators joining  more...
Blackjack bonuses can be very advantageous to you, if you take the time to seek around and look for them.  more...
Getting some extra money to use for video poker will let you to try out some of new games and increase your winning possibilities.  more...
This is a great time for you to do some hunting around to see what bonuses the online casinos offer during the upcoming Christmas season.  more...
Christmas time is a great time of the year for getting some amazing bonuses and increase of your chances of winning.  more...
Microgaming has just released a new racing themed online casino game that will surely please all the players in need for speed  more...
Online gambling developer Microgaming is getting ready for Christmas time with a new themed game and great jackpots  more...
The online gambling giant 888 Casinos has just released several exciting new and special offers for their passionate online casino players  more...
Casino bonus whoring is applied to players who goes from site to site using up all the bonuses they are allowed then move onto the next casino.  more...
Online casinos have lower operating costs and they offer extremely lucrative and rewarding bonuses to entice you to become a member with them.  more...
            
Newsletter Subscribe
Register to our newsletter and receive casino news and bonuses!
Name:
E-mail:
Mansion Casino
Our Certificates
      
       
//http://blockadblock.com/blockadblock_basic_script.php