Skip to content

(DF) Revisions to Gambling Act Expected to Raise Transfers to Sports Ministry, State Licence Tax by Nearly Lv 60 Mln in 2020

February 8 (BTA) – According to estimates of the State-owned Bulgarian Sports Totalizator (BST), the entry into force of the amendments to the Gambling Act no later than mid-2020 will lead to an increase of the transfers to the Youth and Sports Ministry and the State licence tax by nearly 60 million leva this year, by 78 million leva in 2021, and by 101 million leva in 2022, Vladimir Toshev MP of GERB commented for BTA. In his words, that means more money for sports federations, sports clubs, sports for the disabled and pupils, and reconstruction and modernization of Bulgaria’s sports infrastructure.