Bulgaria Publishes New, Lower Licensing Fees

PokerStars is likely to be joined by other operators as low taxes and license fees make the Bulgarian licenses a cheaper option.

The Bulgarian State Gambling Commission (SGC) has published the gaming license fees to be imposed following newly amended laws. Fees and gaming taxes have been reduced substantially.

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Bulgaria Tax

Jocelyn Wood, Editor Joss is a graduate in English from the University of Birmingham and has a Master’s Degree in Organisational Development from the University of Manchester. His career path has taken him from the British Army, through business & finance to seven years as a successful professional poker player. His experience of the European Union, law, accounting, finance, regulation and online poker provide the basis for his insights in the PRO specialist categories of Industry and Law & Regulation. As CEO he steered his own company through full Financial Services Authority regulation, and was asked by Morgan Stanley to take their UK mortgage business through the same process. Although British, he lives in Arequipa, Peru, set high in the mountains and surrounded by volcanoes. He is married to a Peruvian and has three children.

Article published on February 24, 2014.

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