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This legislation was purportedly the brainchild of Alexander Ivanov, who is a member of the center-right GERB political party, and is part of an effort to completely reshape Bulgaria’s gambling landscape so as to make it more responsible and accountable.In Bulgaria and the National Revenue Agency tax bureau has reportedly been charged with regulating the country’s gambling industry after federal lawmakers enacted a measure to abolish the previous State Commission on Gambling. It allows existing sportsbook operators and technology platforms to offer their current customers new betting markets in an effort to generate new customers, reduces costs associated with customer acquisition, and raises the overall lifetime value of customers....


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Planned possibilities:The source reported that Valeri Simenov from the right-wing National Front for Salvation political party, which rules Bulgaria in coalition with its IMRO, GERB and Volya compatriots, had earlier successfully introduced a measure that handed a monopoly over all lottery games to the state-owned Sports Totalisator concern.In Bulgaria and the National Revenue Agency tax bureau has reportedly been charged with regulating the country’s gambling industry after federal lawmakers enacted a measure to abolish the previous State Commission on Gambling. The source detailed that this enterprise is the oldest sportsbook firm in Bulgaria but had its operating license pulled for three months in late-March over allegations that it owed approximately 2....


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