Restricted Casinos in Bulgaria

In the summer of this year, three new casinos open their doors. Two of them are located on the Black Sea Coast – the casino “Gold” – a complex of “Poles” and “XO” – a casino in the vicinity of St. Vlas. After a short break, the casino in the Radisson hotel located in the capital will also work, but this time as “Efbet Sofia”.

This is the new operator – “Makra T”, after the owner of the hotel broke the contract with the previous owner because of unpaid rent. In the “Macra T”, co-owners are Alexander Tumparov and companies associated with Vasil Bozhkov. “Yes, there are new players on the market, but some of them enter the business without knowing about it,” Tumparov said. Show more

Read also: Online Casinos in Bulgaria- Best Bulgaria Casinos Bulgarian Lev Casinos List of Casinos with Bulgarian Language

According to the players, it becomes clear that the network “Efbet” will also expand, and most likely, under the name of this brand new gambling establishments will be opened. The group does not exclude investments from the country.

In Sofia, the casino is associated with Vasil Bozhkov. It is not accidental – two casinos of the capital are in charge of the companies in which it consists through affiliated persons. It’s about the facilities in the Rila and the new casino in Radisson.

“We expect that not only individual players will become casino visitors, but also organized groups consisting of tourists,” Aleksandr Tumparov, co-owner of the casino explains. He adds that the decision to open a gambling establishment, appeared after the invitation from the management of the hotel. The idea of organized groups can benefit from the management of hotels. In this case, a symbiosis will be achieved between the spheres of this business.

Casino for Tourists

After the closing of the last casino in Bourgas – in the hotel “Bulgaria”, at present, such facilities on the South Black Sea Coast work mainly in the “Sunny Beach”.

Unlike Sofia, where casinos visitors are mostly Bulgarians, on the beach, the main visitors to the casino were foreign tourists – from Russia, Israel, the Middle East, as well as from Turkey, Germany and Eastern Europe. The ban on gambling, which exists in a number of Muslim countries for religious reasons, is conducive to the interest of the marine casino. A few years ago, restrictions were introduced in Russia. This market for some of the casino managers on the Black Sea Coast is one of the key, mainly because of the large number of owners and immigrants from Russia and the former Soviet republics. This is the opinion of the manager of XO casino – Boyan Mikhailov.

“We are the most convenient place for the game, not only for property owners in St. Vlas, but also for holidaymakers in Elenite and in Fort Knox complexes and in the other direction,” says Mikhailov. According to him, due to restrictions at home, many Russians who come to Bulgaria use their stay here and to play in the casino. The most profitable season for this business on the Black Sea Coast coincides with the period of summer holidays of Russians – from May to October.

Other lucrative markets for the casino are Israel and the Middle East. Representatives of business, call them “golden”, but weakly use their capabilities.

“In the south-east of Bulgaria there are areas where more than 500 million people live, there gambling is banned for religious reasons. These people live 2-3 hours by plane from Varna and Bourgas, they have high standards and come to rest and play on the Black Sea Coast, “Savva Choroleev believes. Show less

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