Conquer the Bulgarian Sports Betting Market with Altenar | Betting Solutions
Altenar, a sportsbook software provider, has extensive experience delivering sports betting solutions to the Bulgarian market with a long list of satisfied operators and bettors. The global solutions provider offers a wide range of features, content, and customizable tools 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 more information on product features, data providers, and regulatory must-haves in this space, then keep reading 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 2012 currently serving as the main piece of gambling legislation.
Gambling operators who wish to offer services to Bulgarian players must acquire a license and pay the associated fees and taxes to operate legally within the country. Gambling establishments also need to obtain a license. Online gambling has been legal in Bulgaria since 2008, but it was only properly regulated starting in 2012.
Online gambling websites must obtain a license, just like land-based operators. The overall regulatory and legal framework also covers suspicious sports betting activity, including requirements for data collection and storage.
There are regulatory provisions for collecting and processing information regarding suspicious sports betting activity in Bulgaria. According to Ordinance No. 1 from 27.02.2013—covering the terms and procedures for identifying and registering participants, collecting data for remote games of chance organized by the Republic of Bulgaria, and submitting information to the gaming server and National Revenue Agency (NRA)—all data must be collected and securely stored.
What Does Altenar Offer to Bulgaria’s Market?
Altenar offers its sportsbook solution on the following devices in Bulgaria:
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Desktop
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Mobile
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Tablet
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Terminal
Additionally, Altenar offers a wide range of features that compete with some of the largest iGaming brands in the world.
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24-hour trading and risk control
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Player profiling capabilities
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Holds UKAS certification for ISO 27001
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Reliable technology
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Fast deployment and agile development
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Flexible hosting: supports legal requirements and high-traffic events
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Optimized end-user experiences with low latency enabled by geographic data distribution and advanced internal caching
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Extensive customization across multiple channels using API-based services
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Scalability and high availability throughout the stack
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Early payout
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Revamped cashout
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Player props (NFL, NBA, NHL, MLB + more)
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Bonus engine
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0% margin
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Bore Draw
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Player Specials
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Premium cricket
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Bet builder
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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 platform delivers stability, security, and extensive configurability to ensure a best-in-class sports betting experience.
Built on years of experience, Altenar’s sportsbook solution includes a broad set of front-end features and back-office functionality, enabling operators to enhance player acquisition and retention. Its offering combines a wide array of sporting events, deep trading and risk expertise, and a personalized UI to help each operator differentiate in the market.
For more information, contact [email protected] or visit altenar.com.
