Russian Investors Open Casinos in Bulgaria

Standart daily

Russian investors are eyeing the gambling market in Bulgaria.
Boyan Mihaylov, Chairman of the Bulgarian-Russian Investment Forum, announced that several Russian companies had already probed the gambling market in the country. According to him, the capital, Sofia, and large Black Sea cities of Varna and Burgas are far more appealing to the Russian investors than the seaside resorts, as they are attractive all year round.
The gambling legislation in Bulgaria is quite liberal and the casinos, attract many Turkish and Greek gamblers and businessmen.
The restriction on gambling introduced in Russia recently is a golden chance to the Bulgarian gambling and tourism.