Month: December 2022

December 10, 2022

A Quick Look at Bulgaria’s Highly Regulated Gambling Industry

Gambling in Bulgaria is prevalent as there’s no shortage of casinos and bookmakers offering novel and various betting options to Bulgarians aged 18 and older. The nation’s gambling market has been seeing a robust and continuing growth as most high-end casinos in Bulgaria maintain their own web-based sports betting site and online casino.

Bulgaria has a relatively small population of 7 million people, of which 5 million are ascertained as active Internet users. However, due to the proliferation of gambling venues and betting options across the country, Bulgaria’s gambling industry is one of the most audited by independent European gambling regulators.

Sports betting is in fact the popular method of gambling among Bulgarians. Yet it should be clear that for betting to be legal in this Balkan country, betting is legal only if placed with Bulgaria-certified bookmakers through their duly licensed online betting sites. Actually, there are no stand alone land-based sports betting shops in the country.

Bulgarian Gambling License is Only for Domestic Gambling Operations

A Bulgarian gambling license is awarded only for domestic operations. Several major international bookmakers do not accept bets from local Bulgarian sports bettors to avoid getting blacklisted. Reports have it that reputable international bookmakers deem it best to abide by Bulgarian gamblings laws. That way, they will not hurt their chances of getting approved for their pending local gaming license.
International bookmaker for one stayed compliant by not participating in the Bulgarian online gambling market while unlicensed. It was only after Betano’s parent company Kaizen Gaming Limited was awarded a certification and license approval in early 2022 that it began to offer and accept sports bets from local gamblers. Like many other virtual sports books, Betano has no physical betting shop in Bulgaria.

Some international betting sites have no problem processing bets placed by Bulgarian players. On the other hand, Bulgarian sports bettors have become wary as many have experienced problems in getting their withdrawals processed. Aside from the debit and credit cards serviced by Visa and Mastercard, many Bulgarians trust only ePay and EasyPay as ewallet providers and online payment processors.

Who are Qualified to Open and Operate a Gambling Business in Bulgaria

As much as Bulgarians are passionate about gambling, the government has made many changes to its Gambling Act to ensure the safety and protection of the industry against unscrupulous individuals and criminals . As a highly regulated industry, punters feel confident and safe when engaging in gambling and sports betting activities in licensed and closely supervised offline and online gambling venues.

At the very onset, the State Gambling Commission (SGC) must not accept and approve license applications from individuals with criminal records, with history of violating Bulgarian laws, and without sufficient financial resources to back up gambling operations.

Even the biggest betting companies who violate the country’s gambling laws, as well as foreign operators face sanctions and fines.

However, in light of the issues of corruption committed by officials of the State Gambling Commission (SGC), Bulgaria’s parliament amended the Gambling Act by abolishing SGC, Thereafter another bill in 2021, was passed. In SGC’s stead, parliament designated the National Revenue Agency of the Finance Ministry as the new gambling industry regulator.

December 3, 2022

Casino And Gambling Inspired Artwork

People throughout history have always had an interest in gambling. Artists are constantly looking for inspiration for their work, and it often comes from the most unusual subjects and the strangest places. Gambling in major site (메이저사이트) is one of those activities that has been around for many years and is practiced by many people. Even today, this characteristic continues. The activity has also inspired numerous artists to either create some astonishing works or present some of the gambling elements in their paintings. Whatever the reason for their interest in the subject, creative minds such as artists seem to have been drawn to this activity throughout history.

Caravaggio – The Kardas Harps

The painting created by Caravaggio is known as “The Kardas Harps”. The painting gives a glimpse of a gambling event of that time. The completion of the Cardsharps represents an important milestone in Caravaggio’s artistic career. The painting was created after he left the studio of Cavaliere Giuseppe Cesari d’Arpino. He considered it to be his first painting.

Edvard Munch – At the roulette table

Edvard Munch is known for being the creator of the famous The Scream, a painting familiar to most people around the world. During his visit to Nice, in southern France, he visited oftentimes the casino in Monte Carlo. The casino environment inspired him to paint At the Roulette Table. This was produced from his memories and the feelings he had during his visit to the casino. During the creation of this painting, Munch experimented with different styles to complement and perfect his own.

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Paul Cézanne – Card Player

The Post-Impressionist French painter, Paul Cézanne, painted his series of Card Players paintings, which are very similar to each other but vary in size. The paintings portray characters who appear to be farmers and their daily activities in the bar, in this case, the action is playing card games. Cézanne made many sketches and painted countless portraits as a form of practice to create his series before making The Card Players.

Cassius Marcellus Coolidge – Dogs playing poker

Probably the most famous gambling painting is Dogs Playing Poker. Cassius Marcellus Coolidge painted this. He created 8 variations of the painting and these too received many reproductions over time. The artist has earned the title of “the most famous American artist you’ve never heard of.” The paintings are reflected by many people to be kitsch or bad art. Nonetheless, the series was very famous and fashionable at the time.

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