Bulgaria Allows Celebrities to Advertise Gambling on Social Media
Bulgaria's National Revenue Agency (NRA) has granted permission for gambling advertisements, but only when promoted by individuals, including influencers or celebrities, on social media platforms. This decision comes despite the country’s recent implementation of a near-total ban on advertising and marketing related to gambling and betting.
Just three months ago, stringent regulations were enacted to limit gambling promotions across all media, including online channels. However, NRA Director Rumen Specov clarified that these restrictions primarily apply to traditional media and their online versions, leaving social media largely unaffected.
Specov's remarks were prompted by inquiries from local news outlet Mediapool regarding whether social media counts as "media" under the law. He indicated that each case would be evaluated individually, but his statements suggest that gambling-related content on social media is allowed as long as it does not appear on platforms classified legally as “media,” such as traditional print and broadcast outlets. Notably, some widely-used video-sharing platforms do not fit this definition, despite their extensive reach.
This stance has garnered significant criticism, with many expressing concerns that it could result in an uptick in gambling advertisements on social media, particularly affecting younger users who frequent these sites. The ambiguity surrounding the law could undermine consumer protection measures and potentially escalate issues related to gambling harm.
It is worth noting that the ban established in May aimed to mitigate the availability of gambling promotions and address their detrimental effects on vulnerable populations, especially children, who are increasingly engaging online.
22 August 2024, 09:13
Marketing and Ads
US stands up for the Big Four bookmakers
8 September 2024, 15:00
Australia denies blanket ban on online gambling ads
4 September 2024, 09:00
Australia issues warning to major streaming platform
26 August 2024, 14:58
The Formula 1 team will change its name due to its sponsor
21 August 2024, 18:39
Bacta Appoints Declan Johnson as New Communications Adviser
16 August 2024, 15:10
Sweden's Leading Operator Announces Partnership with Supermodel
11 August 2024, 15:00
Other news
EveryMatrix Set to Acquire Fantasma Games
19 September 2024, 15:00
Pennsylvania's Total Gambling Revenue Reaches $525.5 Million
19 September 2024, 11:05
Brazil sets deadline for unlicensed gambling operators
18 September 2024, 15:49
Fantasy Life made the footballer an ambiguous offer
18 September 2024, 10:43
Flutter Entertainment to Buy Playtech's Snaitech for $2.56 Billion
17 September 2024, 16:48
BetMGM Becomes General Partner of USA TODAY Sports
17 September 2024, 09:01
Three major Las Vegas casinos to be led by one executive
16 September 2024, 16:51
Playtech and Caliente end long dispute over Caliplay money
16 September 2024, 11:09
UK footballers join new anti-gambling campaign
15 September 2024, 15:04
Star Entertainment Group reminded of possible licence revocation
15 September 2024, 11:51
Fox Seeks to Buy FanDuel Stake Below Market Value
14 September 2024, 15:00
Flutter Entertainment buys more than 56% of Brazil's NSX Group
14 September 2024, 10:06
Articles
Expert Opinion: Why Betting Can't Survive Without AI Analysis of Sports Data
13 September 2024, 11:00
Finnish Gambling Market Reform: Veikkaus Resurgent vs Kindred's Leadership
10 September 2024, 19:00
Brazil's CPI and the Fight Against Match-Phishing
3 September 2024, 17:59
Why California Tribes Are Revolting Against Card Rooms
30 August 2024, 18:00
US Gambling Industry: Can More Deals Be Made?
28 August 2024, 17:00
Categories