iGaming in Bulgaria
The licensed market
Stakes with licensed online operators grew from BGN 44 billion in 2023 to BGN 55 billion in 2024 and BGN 66.9 billion in 2025. Prizes paid were BGN 65.3 billion, leaving about BGN 1.6 billion (€818 million), the closest measure of gross gaming revenue.1
Since 2020 the National Revenue Agency (NRA) has licensed and supervised gambling, taking over from the former State Commission on Gambling.1,2
Licences, capital and fees
| Requirement | Online licence |
|---|---|
| Paid-up capital | At least BGN 1.5 million, from 1 January 2026 |
| Proven investment | At least BGN 1 million, within six months of the licence |
| Funds for running the games | At least BGN 1 million, in cash, a bank account or a bank guarantee |
| One-off state fee (online betting) | BGN 400,000 |
| Variable state fee | 20% of stakes less prizes, paid monthly |
| Social responsibility contribution | BGN 60,000 a year per licence |
| Licence term | Five years, up to ten with higher investment |
Source: Gambling Law Index: Bulgaria (verified 16 September 2026); InfoPlay: Bulgaria reshapes online gambling with affiliate licensing (20 August 2026)2,1
Since 1 August 2026 affiliates need their own NRA licence, with an annual fee of €6,000 and a 10% fee on performance commissions withheld by the operator.1,2
Gambling advertising in the media was banned in 2024, and further restrictions are under debate. Check the current rules with a lawyer before entering the market.4
B2B technology suppliers
EGT Digital, the online arm of the Bulgarian slot machine maker Euro Games Technology, is based in Sofia and supplies platform, casino, sportsbook and CRM products to online operators.5
International suppliers also serve the Bulgarian market: SOFTSWISS, for example, holds a GLI certificate for its products under Bulgarian rules.6
The industry association AGIB publishes an annual report on the Bulgarian and international markets.3
Frequently Asked Questions
What were stakes with licensed online gaming operators in Bulgaria in 2025?
Licensed online gaming operators in Bulgaria recorded BGN 66.9bn in stakes in 2025 and paid BGN 65.3bn in prizes, leaving about BGN 1.6bn (€818 million), the closest measure of gross gaming revenue.
What is the minimum paid-up capital for an online gaming licence in Bulgaria?
The minimum paid-up capital for an online gaming licence in Bulgaria is BGN 1.5 million from 1 January 2026. Applicants must also prove at least BGN 1 million in investment within six months of the licence and provide at least BGN 1 million in game-running funds.
What variable state fee do online gaming operators pay in Bulgaria?
Online gaming operators in Bulgaria pay a variable state fee of 20% of stakes less prizes, payable monthly. Online betting also carries a one-off state fee of BGN 400,000.
Do affiliates need a licence to promote online gambling in Bulgaria?
Affiliates promoting online gambling in Bulgaria have needed their own National Revenue Agency licence since 1 August 2026. The annual fee is €6,000, and operators withhold a 10% fee on performance commissions.
Which agency regulates gambling in Bulgaria?
The National Revenue Agency (NRA) has licensed and supervised gambling in Bulgaria since 2020, when it took over from the former State Commission on Gambling.
Sources
- InfoPlay: Bulgaria reshapes online gambling with affiliate licensing (20 August 2026)
- Gambling Law Index: Bulgaria (verified 16 September 2026)
- AGIB: Industry report 2025 (PDF)
- BNR: Bulgarians lose nearly €1 billion a year to gambling (5 October 2026)
- iGamingB2B: EGT Digital provider profile
- SOFTSWISS: Compliance in Bulgaria
Figures checked 13 October 2026. Prepared by InvestBulgaria for general information. It is not investment, tax or legal advice; please confirm details with a qualified adviser before acting.
