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Gambling and betting activities, Industry Analysis, Bulgaria, 2018

The Gambling and betting activities industry in Bulgaria was represented by 1,155 companies at the end of 2018, compared to 1,161 in the previous year and 1,097 in 2016.

The industry's net profit amounted to BGN 376,155,000 in 2018.

The industry's total revenue was BGN 3,285,553,000 in 2018, up by 15.01% compared to the previous year.

The combined costs of the companies in the Gambling and betting activities industry reached BGN 2,794,039,000 in 2018, up by 15.89% year-on-year.

The industry's total revenue makes up 3.32% to the country's Gross domestic product (GDP) in 2018, compared to 2.98% for 2017 and 2.80% in 2016.

A total of 11,947 people were employed in the Gambling and betting activities industry in 2018, compared to 12,599 in 2017 and 12,398 in 2016.

Most of the companies in the industry are based in Sofia, followed by Plovdiv and Varna.

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