Belarus to formulate new rules for gambling
Belarus is all geared up to formulate a new legal framework for gambling and online casinos in the country. Belarusian Tax and Duties Ministry has already formulated a draft decree. It is awaiting the Parliament’s approval.
The head of the Ministry Sergey Nalivaiko said that the draft document would provide for an increase in the age limits for visiting gambling establishments from 18 to 21 years. Visitors of casinos, including online ones, will be prohibited from borrowing other visitors, as well as gamblers, money (including electronic) or their equivalent (chips, tokens, etc.) for gambling.
Also, the document provides for the legalisation of online gaming in the Republic of Belarus.
It creates the possibility of recognising on a contractual basis the results of tests and examinations of models of slot machines, as well as virtual gambling establishments conducted by foreign authorised bodies (organisations).
It is planned to take additional measures aimed at improving the conditions for gambling operators. In particular, administrative procedure for registering taxable items (like gambling machines, gaming tables, cash desks of bookmaker’s offices) is planned to be cancelled. Accounting of this equipment will be made through connections to a special computer cash system (CCS), allowing to pay tax on gambling in a fixed amount, based on the actual connection of gaming equipment to the CSK, which provides control over the turnover in the field of gambling.
For those operators who use the gaming equipment for less than 15 calendar days in the tax period, it is proposed to reduce the fixed rate of tax on gambling by 50 per cent. As a rule, these are new gambling operators, organisers of poker tournaments, or those who modernise the gaming equipment or repair it.
For totes and bookmakers, which operate online, there will be a transitional period – two years from the date of entry into force of the provisions of the draft decree. During this period they will be able to carry out activities on the basis of a special permit (license) issued prior to the entry into force of the decree and thereby adapt to the new requirements for online operators set by the decree. It is proposed to introduce obligatory expertise and certification of the information security of online gambling.
“At this stage, considering the planned legalisation of online gambling and additional investments needed to organise a new type of activity in the gambling business, the Ministry of Taxes and Duties does not plan any changes in the taxation policy of this activity,” – Sergey Nalyvayko specified.
Thus, fixed rates for gambling tax are planned to be maintained for the next three years without changes, at the level of tax rates established for 2018.
Hipther’s Autumn Flagship Event Rebranded to GamingTECH CEE – Don’t Miss the Early Bird Offer!
The #hipthers are thrilled to announce the biggest edition and rebranding of Hipther Agency’s renowned flagship event for the Central and Eastern European region: the CEEGC Budapest gets a fresh makeover and becomes the GamingTECH CEE Summit Budapest!
The hugely successful event series in Budapest has cemented the hipthers’ leadership in the region of Central and Eastern Europe, embraced by the iGaming and Tech industry professionals locally and beyond.
GamingTECH CEE, formerly known as CEEGC, has a 7-year tradition of being the leading event in the Central and Eastern European region during Autumn. The conference brings together key players in the gaming industry, providing a wealth of valuable information and opportunities for quality networking. Furthermore, the GamingTECH Awards recognize and celebrate the most innovative and successful companies in the region.
GamingTECH CEE 2023 will take place on 26 September at the Ritz-Carlton, Budapest, while the hipthers will be offering Early Registration and Welcome Drinks on the 25th, to help participants break the ice, connect with new and old friends, and relax before the knowledge-packed conference.
The final Conference Agenda is to be announced, with the current draft promising insights about the future of Gaming in the Central and Eastern Europe, Compliance Challenges and Opportunities, Responsible Gaming, Blockchain, AI and Machine Learning, as well as Networking Sessions and the Evening Social Gathering to close the event in style and togetherness!
Zoltan Tuendik, Co-Founder and Head of Business of Hipther, stated about the upcoming event: “We are embracing the boundless possibilities of the future and the transformative power of technology in the gambling industry. Through the rebranding of CEEGC Budapest to GamingTECH CEE Summit Budapest, we herald a new era of excitement, innovation, and limitless potential. Join us this September in Budapest to explore the frontiers of gaming technology, as we pave the way for a future that will revolutionize the way we play, engage, and win”.
GamingTECH CEE 2023 Registration is Now Open!
→ Don’t Miss the Early Bird Rates & Stay Tuned for the Combo Pass that is coming soon!
Stakelogic ensures it’s max fun at MaxBet.ro
Popular studio’s classic and video slots now available to operator’s players in Romania
Players at MaxBet.ro in Romania should strap themselves in for an online slot thrill ride like no other after the popular operator put pen to paper on a deal with tier-one developer, Stakelogic.
The partnership will see MaxBet.ro add Stakelogic content to its game lobby for the very first time. This includes the studio’s traditional classic slots as well as its big-action video slots. The integration has been facilitated by the leading aggregator, EveryMatrix.
Stakelogic has enjoyed a meteoric rise to the top of the charts with its slots that have been designed to put players on the edge of their seats with every spin – whether classic or video. In fact, the provider’s classic slots are some of the most entertaining in the market.
A sense of nostalgia is stirred through the instantly-recognisable fruit (melons, cherries, grapes, oranges, etc), BAR, 7 and Bell symbols that land on the reels. But the gameplay is levelled up through features such as Wilds, Multipliers and even Free Spins, providing a classic slot experience like no other.
Classic titles include Multi6Player, Multi Player, Bonus Runner, Runner Runner Megaways and Big Runner Deluxe.
If it’s explosive gameplay that MaxBet.ro players are looking for, that is what they will find in Stakelogic’s video slots. Titles such as Money Track, Treasures of Ra, Spartans vs Zombies Megaways, Greedy Fox and soon-to-launch Money Track 2 combine striking visuals, booming sound and monster bonuses to get the adrenaline flowing as the potential for a mega win builds.
Stakelogic is committed to being at the cutting edge of online casino game development, and this is evident in features such as Super Stake and Spin to Win, both of which are now available to MaxBet.ro players in Romania.
Super Stake allows players to effectively double their bet to increase the chance of a bonus triggering and insane win combinations landing, while Spin to Win combines RNG gameplay with live dealer for the first time. It sees players spin a live prize wheel for the chance to potentially win big.
Danila Dzehs, Senior Sales Manager at Stakelogic, said: “Our games have been designed to provide unrivalled levels of fun, excitement and entertainment, and MaxBet.ro players can now experience this for themselves for the first time. Our classic and video slots have hit the mark with players across Europe, and it will be no different in Romania.
This is another important partnership for us, adding a player-favourite operator to our impressive roster of customers. We now look forward to seeing MaxBet.ro players enjoy the max entertainment our games have allowed us to build our reputation on.”
Secaci Matei, Promotional Manager at MaxBet.ro, added: “The addition of Stakelogic allows us to turbo-charge our game lobby with content that gets pulses racing with every spin. Classic or video, the developer’s slots are proven with players across Europe and they will absolutely be a big hit with ours in Romania.”
EGT Digital’s Games are Live in Ukraine
EGT Digital’s titles are ready to become favourites to the customers of the popular Ukrainian operator Favbet. The visitors are able to choose among all attractive propositions from the top performing jackpots Bell Link, High Cash, Clover Chance, and the five games with a Single Progressive Jackpot. The multiplayer title xRide, which is among the newest additions to the Bulgarian provider’s portfolio, is also available to the local players to add even more thrill to their experience.
“We are beyond happy that Favbet gave us the opportunity to present our games on the Ukrainian market. For us it’s very important to create new types of gaming content which is tailored according to the players’ needs and requirements. That’s why together with the classic slots we developed games such as Sugartime, featuring cascading winnings and Buy-In features, as well as the latest proposition xRide, in which the winnings are generated by an increasing multiplier and the players are able to track in real-time the results of the other participants. I believe that our titles will meet and even exceed the operator’s expectations,” Tsvetomira Drumeva, Head of Sales at EGT Digital, said.
“We decided to collaborate with the Bulgarian company, because we are constantly looking for new providers of fresh and attractive gaming content. It looks like we have made the right choice, because the results demonstrated so far are excellent,” Andrii Krasko, Head of Online Casino at Favbet, said.
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