A Bulgarian-Romanian sportsbook and casino group with 30+ land-based halls and genuine local licences
Visit Winbet →Winbet welcome bonus in Bulgaria
Here is the current Winbet welcome offer for players in Bulgaria, where Winbet is licensed to operate. Bonus terms change and are set by Winbet for each market — always confirm the live offer on its own site. See every licensed betting site in Bulgaria →
Pros
- Genuine dual local licensing — Bulgaria's NRA and Romania's ONJN (valid to 2028)
- Long regional operating history since 2007, with real land-based infrastructure (30+ gaming halls)
- Generous, clearly-tiered welcome packages including a no-deposit option in Romania
- Broad sportsbook (30+ sports) plus casino and live casino in both core markets
Cons
- Regional operator — no global brand recognition or top-tier UKGC/MGA licence
- Bonus terms vary significantly between Bulgaria and Romania — read each country's rules separately
- Ownership and corporate structure less documented in English-language sources than major international brands
- Reported presence in Serbia, Croatia, Tanzania and Belarus not independently verified for this review
Our verdict
Winbet is a Bulgarian-Romanian gambling group owned by Georgi Papazki and Danail Iliev, combining 30+ land-based gaming halls in Bulgaria with online sportsbook and casino products in both countries. It holds genuine local licences — Bulgaria's NRA and Romania's ONJN (valid to 2028) — reflecting a real regional operator with land-based roots dating to 2007, rather than a purely offshore brand. Winbet stands out for generous, clearly-tiered welcome packages, including a no-deposit bonus plus a three-deposit freebet ladder in Romania and a large code-based welcome package in Bulgaria. If you're in Bulgaria or Romania, Winbet is a credible, locally-licensed choice with strong regional roots and competitive bonuses.
How we rated it
Bonuses & value (15%)8
Strong, clearly-tiered welcome packages: up to 275 EUR + 100 free spins in Bulgaria (code-based), up to 10,000 RON + 1,000 free spins across three deposits in Romania casino, plus a no-deposit RON 20 + freebet ladder on Romanian sports.
Trust & licensing (20%)7.5
Genuine dual local licensing: Bulgaria's NRA for online and 30+ land-based halls, and Romania's ONJN (L1183150W000826, valid to 2028) — a real, long-established regional operator rather than a purely offshore brand.
Sportsbook & odds (25%)7.3
Sportsbook covering 30+ sports in Bulgaria, backed by a long land-based betting-agency history since 2007 in Romania; regional strength rather than global depth.
Payments & payouts (20%)7
Established regional operator with both online and physical gaming-hall cash handling (30+ locations in Bulgaria), typical of a long-running local operator.
Mobile & UX (10%)7
Standard regional online casino/sportsbook platform serving Bulgaria and Romania.
Customer support (10%)7
Long-established regional operator with both digital and physical (30+ gaming halls) customer touchpoints since 2007.
Quick facts
| Founded | Land-based since 2007 (Romania); online platforms added later |
| Owner | Georgi Papazki and Danail Iliev |
| Licensing | Bulgaria: NRA (National Revenue Agency); Romania: ONJN (L1183150W000826, valid to 29-02-2028) |
| Retail | 30+ land-based gaming halls across 20+ Bulgarian cities |
| Sports | Sportsbook covering 30+ sports |
| Casino | Online casino and live casino in both Bulgaria and Romania |
| Markets | Bulgaria, Romania (also reported presence in Serbia, Croatia, Tanzania, Belarus) |
Where Winbet is licensed
Winbet appears on the official register in 2 countries. Highlighted countries have a full local review — pick yours for its welcome bonus and licence details.
Europe (2)
About Winbet
Winbet is a Bulgarian-Romanian gambling group owned by Georgi Papazki and Danail Iliev, combining land-based gaming halls (30+ across Bulgaria) with online sportsbook and casino platforms in both countries. Its Romanian operations trace back to 2007 through land-based gaming halls and betting agencies, later expanding online under a genuine ONJN licence (L1183150W000826). In Bulgaria, Winbet operates under NRA licensing with both online products and physical gaming halls in 20+ cities, offering a sportsbook covering 30+ sports alongside casino and live casino games.
Winbet FAQ
Is Winbet safe and legit?
Yes — Winbet holds genuine local licences in both its core markets: Bulgaria's NRA (National Revenue Agency) and Romania's ONJN (licence L1183150W000826, valid until 29 February 2028), backed by a real land-based operating history since 2007.
What is the Winbet welcome bonus?
In Bulgaria, Winbet offers a code-based package (WINBETMAX) up to EUR 275 plus 100 free spins across sports and casino. In Romania, the casino welcome bonus goes up to RON 10,000 plus 1,000 free spins over three deposits, and the sportsbook offers a RON 20 no-deposit bonus plus a three-deposit freebet ladder up to RON 180.
Who owns Winbet?
Winbet is owned by Georgi Papazki (brother of Bulgarian businessman Valter Papazki) and Danail Iliev, combining online gambling platforms with 30+ land-based gaming halls in Bulgaria.
Does Winbet have physical locations?
Yes — Winbet operates more than 30 land-based gaming halls in over 20 Bulgarian cities, alongside its online sportsbook and casino.
Is Winbet licensed in Romania?
Yes — winbet.ro operates under a genuine ONJN (Romania's National Gambling Office) licence, number L1183150W000826, valid until 29 February 2028. The group has operated land-based in Romania since 2007.