Bulgaria’s gambling market facing major shakeup from two new bills

Bulgaria’s gambling market could face a dramatic upheaval if a bill proposed by a far-right legislator is approved.

Last week, Valeri Simeonov, a leader of the right-wing National Front for Salvation of Bulgaria (NFSB), introduced legislation that would restrict land-based gaming operations to 10 large integrated resort casinos in five-star hotels within 20km of Bulgaria’s national borders.

Simeonov’s bill also calls for the closure of 638 existing casinos and slots halls across the country no later than December 31, 2025. On Monday, Simenov told a local TV station that the aim was “to focus this activity on foreigners, on tourists – not on Bulgarians.”

The NFSB, which is part of a coalition with the governing GERB party, also wants the government to return to its old tax regime, which collected 15% of online betting operators’ turnover, while also applying that rate to lottery sales.