Conquer The Bulgarian Sports Betting Market With Altenar | Betting Solutions

Conquer The Bulgarian Sports Betting Market With Altenar | Betting Solutions

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Conquer The Bulgarian Sports Betting Market With With Altenar | Betting Solutions


Altenar, a sportsbook software provider has ample experience providing sports betting solutions to the Bulgarian market and a host of satisfied operators and bettors. The global solutions provider offers a host of features, content and customisable aspects to its operators and Bulgaria’s market is no exception. 


So, if you’re looking to enter Bulgaria’s market, you can contact Altenar today to begin your journey. If you’d like further information on product features, data providers and regulatory must-haves within this space  then continue to read this article… 


Regulation In Bulgaria | The Ins & Outs Of Betting Regulation Compliance 


Gambling has been legal in Bulgaria since 1957 with  the Gambling Act of 20121 currently the main piece of the gambling legislation.


Gambling operators who wish to offer services to Bulgarian players must acquire a licence, and pay the fee and taxes associated with operating legally within the country. Gambling establishments need to obtain a licence. Online gambling has also been legal in Bulgaria since 2008, but it was only properly regulated in 2012.


Online gambling websites need to obtain a licence, similarly to land-based operators. Overall regulatory and legal framework related to suspicious sports betting activity,  including the collection and storing of relevant data.


There are regulatory provisions for the collection and processing of knowledge and information regarding  suspicious sports betting activity in Bulgaria. Pursuant to Ordinance 1 from 27.02.2013 for the terms and  procedures for the identification and registration of participants, data for the remote games of chance,  organised by the R Bulgaria, and submissions of information to the gaming server and NRA, must be  collected and stored.


What Does Altenar Offer To Bulgaria’s Market? 


Altenar offers its sportsbook solution on the following devices in Bulgaria: 


  • Desktop

  • Mobile

  • Tablet

  • Terminal


Additionally, Altenar offers a host of features that compete with some of the largest iGaming brands in the world. 


  • 24-hour trading and risk control

  • Ability to profile players 

  • Possesses the UKAS-Certification for ISO27001

  • Dependable technology

  • Deployment and agile development

  • Flexible hosting: accommodates legal requirements and highly attended events

  • Optimised end-user experiences with low latency all given through geographical data dispersal and sophisticated internal caching

  • Customisation to a high degree across many channels using API-based services

  • Scale-out and high availability throughout the stack

  • Early payout

  • Revamped cashout

  • Player props (NFL, NBA, NHL, MLB + more) 

  • Bonus engine

  • 0% Margin

  • Bore Draw

  • Player Specials

  • Premium cricket

  • Bet builder

  • Esports



About Altenar


Altenar provides a highly comprehensive and fully managed sportsbook solution to many of the leading brands across the globe. Its award winning sportsbook solution delivers stability, security, and extensive configurability to ensure a best-in-class sports betting experience.


Built on many years of experience, Altenar’s sportsbook solution provides a vast range of front end features and back office functionality, which enable operators to improve player acquisition and retention rates. Its offering combines a wide-range of sporting events, a deep understanding of trading and risk, and a personalised UI to ensure each operator has the ability to differentiate themselves in the market.


 For more information, contact [email protected] or visit altenar.com.

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