LiveScore Bet exits Bulgaria amid rising costs and regulatory pressures
LiveScore Group is shutting down its LiveScore Bet operations in Bulgaria by the end of 2025. The move comes as the company scales back its presence outside core markets, citing rising costs and regulatory pressures. Customers in Bulgaria have already received notifications about the closure and their account balances. The decision follows a broader shift in LiveScore Group’s strategy to focus on stability and adaptability. Higher costs in the UK and early signs of regulatory challenges in Eastern Europe have played a key role in the withdrawal. Bulgarian lawmakers are also considering a gambling tax hike to address the national budget deficit, adding further uncertainty for operators.
The UK government has already announced tax increases that will impact the company. From April 2026, the remote gaming duty will rise from 21 percent to 40 percent. A new general betting duty for remote wagering will also jump from 15 percent to 25 percent in April 2027.
LiveScore Group has begun informing affected employees in Bulgaria. These staff members are now part of a confidential consultation process. The company has stressed its commitment to supporting them during the transition. LiveScore Bet will formally stop operating in Bulgaria before 2026. The closure aligns with the group’s plan to reduce exposure to less stable markets. Customers and employees have been notified, with further details on account settlements and support measures expected in the coming months.
