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Moldova is handing over control over gambling and lotteries to foreign companies

George Miller

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Moldova is handing over control over gambling and lotteries to foreign companies
Chisinau, Republic of Moldova.
Reading Time: 2 minutes

Gambling is a state monopoly in Moldova, and now the country is handing control over gambling and lotteries to two foreign companies under a public-private partnership.

The APP (Moldova’s Public Property Agency, ), will no longer hold a monopoly on gambling and lotteries, as the state announced plans to implement a public-private partnership project with two EU member companies.

The first contract, relating to slot machines, has been won by Novo Gaming M Technologies GmbH, part of the Austria’s Novomatic consortium operating.

Novomatic, owned by Austrian billionaire Johann Graf, 71, operates in 45 countries, and exports high-tech gaming equipment to more than 70 countries all over the world.

The company is one of the largest gaming technology companies in the world. It has 25,500 employees worldwide, operating in over 2,100 locations with a total of 260,000 game machines and electronic roulettes.

The second contract, regarding the lottery and sports bets, has gone to NGM SPC Limited, formed by Market AD, National Lottery AD and NGM SPC Limited.

The companies are part of National Lottery AD, the largest licensed gambling operator in Bulgaria.

Media reports say the company over the past three years has enjoyed one of the highest growth rates in the South-Eastern Europe.

It is owned by Bulgarian Vasil Krumov Bozhkov, 62, a controversial businessman mentioned in the US diplomatic telegrams revealed by WikiLeaks as nicknamed “the Skull”. Bozhkov, who has never faced charges, has not commented on the claims made about him in WikiLeaks.

The Moldovan state has secured a good revenue from the companies’ activities. The proposal is that 75 per cent of the revenue generated in the lottery sector be returned to the National Lottery of Moldova, NLM.

For sports bets, the NLM will receive 90 per cent of the revenues.

The share of gross revenue from slot machines that will come back to the NLM is 51 per cent, which is a higher percentage than in other European countries operating similar public-private partnerships, like Romania, noted APP in a press release.

In June 2016, the leader of the ruling party Vlad Plahotniuc “declared war” on illegal gambling in casinos in Moldova and on the gambling addiction that had ruined some people’s lives.

In November 2016, about 200 policemen stormed and shut down all the casinos in the country over just one night, with Plahotniuc claiming the success of the operation.

On 5 December 2016, a draft law written by ruling party deputies stipulated that the managing and development of gambling activities, except for casinos, was now a state monopoly, to be carried out only through the National Lottery of Moldova. Parliament adopted the law quickly on December 22, 2016.

 

Source: BalkanInsight

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Eastern Europe

NSoft`s In-Play Betting MTS in CloverBet´s branch network

George Miller

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NSoft`s In-Play Betting MTS in CloverBet´s branch network
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NSoft has confirmed new partnership in Romania. CloverBet has selected NSoft´s In-Play Betting MTS solution for its retail network of 50 shops.

 

Comprehensive NSoft Sportsbook solution driven by Betradar’s data provides clients with an extensive offer of up to 25, 000 live events per month across 20+ sports (In-Play MTS).

“We have implemented our In-Play Betting MTS solution to CloverBet branch network. It perfectly fits the existing CloverBet`s business requiring no additional costs. Full responsiveness of our Sportsbook´s solution is a major precondition for further development of cooperation with our new client – CloverBet,” said Karlo Kralj, Regional Sales Manager at NSoft.

NSoft’s Sportsbook MTS solutions for Pre-Match and In-Play Betting are driven by the expertise and commitment of highly skilled professionals who have mastered the art of data management. In addition, the risk related issues are managed by NSoft team, enabling the client to concentrate on business growth path.

NSoft operates on the world’s market for over ten years achieving the company’s goal of becoming one-stop-shop for sport`s betting industry.

NSoft will be showcasing its comprehensive suite of products at ICE London 2019. Don’t miss out on the chance to find out more about NSoft’s products, meet us at Stand S1-260. Book a meeting with NSoft team or contact sales@nsoft.com.

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Eastern Europe

Romania promulgates new turnover tax on gambling operators

Niji Ng

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Romania promulgates new turnover tax on gambling operators
Image Source: casino.org
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The Romanian government has reduced the gambling turnover tax to 2 per cent. Earlier, the turnover taxes, known as gambling participation fees, were 5 per cent turnover tax for online operators, and a 3 per cent tax for land-based casinos, as per an emergency ordinance. The new ordinance slaps a, as “gambling participation fees.” The gambling operators have to pay the gambling participation fees in addition to the already existing 16 per cent tax on the gross gambling revenue.

The lowering of the turnover tax will come as a relief to the gambling operators. However, it has been reported that the government will retroactively apply the tax to last year’s performance of gambling operators with a Romanian license. Operators are given a deadline, till February 25, to pay this amount.

The Romanian government has done this before in the past—retroactively charging the gambling industry to help fund its budget requirements. In 2015, operators which were going to be licensed at the time were required to pay back taxes, which was 20 per cent of the revenue they generated from Romanian punters since 2009. The government made a last-minute announcement to force operators to pay the amount.

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Eastern Europe

Esports demonstration programme included in European Games Cultural programme in Minsk

Niji Ng

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Esports demonstration programme included in European Games Cultural programme in Minsk
Photo Source: tottenhamhotspur.com
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Belarusian Federation of esports will conduct a demonstration programme during the European Games cultural programme next year in Minsk.

“We’ve been working towards the goal for a long time,” Denis Bogush, Belarusian Federation of esports chairman, said.
“The accomplishment confirms the significance of the work we’ve done.”

The Belarusian Federation of esports has expressed their intention to organise a “major tournament” of FIFA 19, the latest instalment of the football simulator game.
It is claimed that the esports players from famous European clubs and teams from the nations in the Commonwealth of Independent States which include Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Armenia, Moldova, Tajikistan, Uzbekistan and Russia will participate in the programme.
As per the Federation, work is in progress on the format of the tournament and the list of clubs.
In the Asian Indoor and Martial Arts Games, 2017 held at Ashgabat, esports had featured as a full medal sport.
In this year’s Asian Games held at Jakarta and Palembang, esports was included as a demonstration event. It is having the potential t to become a full medal event at the 2022 edition in Hangzhou in China.

Recently, the Olympic Summit declared that esports being included on the Olympic programme in the near future.

Olympic Summit also stated that some games are violent and, therefore, “are not compatible with the Olympic values and therefore cooperation with them is excluded”.

The Summit called for “accelerated cooperation” with these kinds of esports, urging International Federations to explore the “potential benefits and applications of the electronic and virtual versions of their sports.”

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