The PDC announced the news on their website that the five-time world champion passed away.
PDC Chairman Barry Hearn led the tributes to Bristow, saying: “Eric will always be a legend in the world of darts and British sport.
"He was a tremendous player and a huge character and even after his retirement fans would travel for miles to meet him and see him play."
The PDC released a statement saying: "The Professional Darts Corporation is deeply saddened to announce that five-time World Champion Eric Bristow MBE passed away on Thursday evening following a heart attack.
"Arguably the sport’s first superstar player, Bristow, 60, was World Champion five times between 1980-1986 and also won five World Masters titles during an outstanding career.
"Bristow was one of the founder players when the PDC (then World Darts Council) was formed in 1993 as the sport's leading stars broke away from the British Darts Organisation.
"The 60-year-old was inducted into the PDC Hall of Fame in 2005 alongside great rival John Lowe, and since retiring from competition at the end of 2007 remained a popular figure on the exhibition circuit."