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Gambling and betting activities, Industry Analysis, Bulgaria, 2016

The Gambling and betting activities industry in Bulgaria was represented by 1,097 companies at the end of 2016, compared to 950 in the previous year and 929 in 2014.

The industry's net profit amounted to BGN 344,663,000 in 2016. The industry's total revenue was BGN 2,599,632,000 in 2016, up by 3.28% compared to the previous year.

The combined costs of the companies in the Gambling and betting activities industry reached BGN 2,148,365,000 in 2016, up by 1.31% year-on-year.

The industry's total revenue makes up 3.1% to the country's Gross domestic product (GDP) in 2016, compared to 3.12% for 2015 and 2.43% in 2014.

A total of 12,398 people were employed in the Gambling and betting activities industry in 2016, compared to 12,049 in 2015 and 10,439 in 2014.  Most of the companies in the industry are based in Sofia, followed by Plovdiv and Varna.

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