Balkans

Bulgarian Gambling Regulator Suspends Eurofootball Licence

Published

5 years ago

March 27, 2020

Niji Narayan

Bulgarian Gambling Regulator Suspends Eurofootball Licence

Reading Time: < 1 minute

The Bulgarian State Commission on Gambling has suspended the licence of bookmaker Eurofootball for three months over unpaid taxes.

The commission said that Eurofootball could resume betting activities if it pays 329 million levs ($182.11 million) to the state within three months.

Eurofootball was founded in 1990 and became hugely successful with more than 800 betting shops operating around the country.

The Bulgarian government has been unable to formulate a proper law governing sports betting for some time now. Eurofootball has been the sole bookmaker in the country for many years.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.