Balkans
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.