Financial and business news from Bulgaria

They took the license of “Eurofootball” for three months

At its meeting held on 25.03.2020, the State Gambling Commission (DKH) decided on the basis of Art. 85, para. 1 of the Gambling Act to apply a forced administrative measure for temporary withdrawal for a period of three months of the issued licenses of Eurofootball Ltd. This was reported by the supervisory institution.
The company has issued licenses to organise online gambling for betting on sports and horse and dog racing results, as well as to organise gambling for betting on sports and horse and dog racing results, they explain from there.

In the judgments given, DKH indicates that Eurofootball Ltd. should take action in order to stop the infringements admitted. In the event that, within the prescribed period, the circumstances that are grounds for the imposition of a forced administrative measure - temporary withdrawal of a license, the company may continue its activities.

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