22bet Bulgaria

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22bet

August 21, 2024

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Bulgaria, the Republic of Bulgaria is a poorer country located in Eastern Europe. It has approximately 7 million citizens and is a member of the European Union. Bulgaria’s 2012 Gambling Act recognises gambling in the country as legal. Online gambling is also allowed in the country, but operators who wish to operate in the country should be licensed. Does the 22bet.bg platform operate in the country?

History of gambling in Bulgaria

No special gambling legislation was created in Bulgaria until 1993, which was very common on the territory of countries in the eastern part of Europe. This was mainly due to the strong influence of the Soviet Union. Unlike in other countries, gambling was illegal in Bulgaria, which was dictated by socio-political reasons.

Despite the prohibition in force at the beginning of the twentieth century, betting shops were present in the larger cities, their owners giving bribes to officials, which provided them with protection. Over time, the gambling sector showed increasing interest in the criminal world. In 1957, the Bulgarian sports totalizator was established, which held a monopoly on lotteries and sports betting. 1979 was the year when the first casino was established, but it was only open to tourists.

The Bulgarian public did not have access to it until 1993. In 1993, the creation of modern legislation was launched to regulate the gambling market in Bulgaria. In parallel, efforts were made to prevent the possibility of money laundering through gambling.

In 2008, the process of legalising gambling began, which was dictated primarily by the potential tax revenue from online gambling operators. In reality, the plans ran afoul of the reluctance of operators who did not want to invest due to taxes and high fees. In 2013, the Bulgarian parliament amended the gambling law. As a result, operators must pay a one-off licence fee of around €50,000 and the value of the turnover tax dropped to 20%. Such a measure has encouraged bookmakers to seek a licence.

Can players from Bulgaria use 22bet Bulgaria?

People coming from and living in Bulgaria have the opportunity to use the services provided by 22Bet Bulgaria. This bookmaker is very keen to accept players coming from Bulgaria. A particularly attractive promotional offer is prepared for them, which allows them to receive funds both for creating an account and also while using the platform.

This bookmaker not only cares about issues related to providing excellent entertainment for players by constantly diversifying its offer, but also takes care to create a particularly safe place where both data and entrusted funds are protected. The most innovative measures are used for this. As a result, players are not afraid to trust the 22Bet Bulgaria platform, which can also be seen in the rankings provided, from which it can be seen that it is rated 9.00/10.