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Varadinov & Co.
Legal Bulletin

Varadinov & Co Attorneys at law is recognised in the IFLR1000
Varadinov & Co Attorneys at law is listed in Legal 500

The new Gambling Act entering into force in the end of June 2012 will introduce for the first time in Bulgaria a regulation of the gambling from a distance performed through telecommunication equipment, whereby the participants gamble directly through internet or other electronic communication means. The law provisions require the location on the territory of the country of a controlling local server storing all the data related to the offering of gambling services, the games and the participants from the Bulgarian territory. The specific requirements also provide for direct access to the data stored on the server for the National Revenue Agency, Ministry of Interior and the Commission on Gambling.