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Belarus to formulate new rules for gambling

Niji Ng

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Belarus to formulate new rules for gambling
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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.

 

Source: belta.by

Niji has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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Eastern Europe

Parimatch releases ranking gambling Cities in Russia and Ukraine

Niji Ng

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Parimatch releases ranking gambling Cities in Russia and Ukraine
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Parimatch, Curacao-based bookmaker popular in Russia, has released a ranking of various regions in the Russian Federation and Ukraine, based on the number of gamblers in each of these regions. The company compiled the list following a detailed study.

Not so surprisingly, Moscow topped the list. The majority of Russians who engage in sports betting live in Moscow. St. Petersburg comes second, followed by the Krasnodar Territory and the Sverdlovsk region.

The ranking for Ukraine does not throw up any surprises either, with Kyiv topping the list. Kharkov comes second, while Lviv bags third.

Dnepr and Odessa are the fourth and the fifth respectively. In these cities, there is approximately the same number of gamblers. Here, number of bets on sports is almost equal.

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Eastern Europe

Casino Technology honoured with 2018 Best General Manager of a Gaming Equipment Company in Romania award

George Miller

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Casino Technology honoured with 2018 Best General Manager of a Gaming Equipment Company in Romania award
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Casino Technology‘s General Manager for Romania Valentina Dobre was honoured with the Best General Manager of a gaming equipment company, operating in the East European country award. The prize category was designed to recognize the exceptional contribution of a professional to the gaming industry in the country and was granted on a special ceremony during Women in Gambling Gala at the 12th edition of Entertainment Arena Expo in Bucharest. Valentina Dobre`s nomination was among the proposed by prominent industry representatives and was chosen after voting of an independent Prize Committee.

“This candidate has established herself as a valuable professional with a proven track record and a high level of achievements in the gaming industry”, the organisers explained.

Valentina Dobre joined Casino Technology’s team in 2017 as a General Manager for Romania, contributing with her profound expertise, professional background and in-depth knowledge of the gaming industry in the country.

Milo Borissov, founder, president and CEO of Casino Technology commented: “We could not be more proud of Mrs Dobre receiving the award. As a well respected leader within the gaming community in Romania, Valentina Dobre is a very important and valuable to Casino Technology, bringing extensive knowledge of the market and making a substantial contribution to the overall company development”.

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Eastern Europe

Abbiati renews Romanian license

Niji Ng

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Abbiati renews Romanian license
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Abbiati Casino Equipment, an Italy-based company that has been offering its service in Romania for a quarter of a century, has renewed its license in the country, in accordance with the existing regulations.

Abbiati has declared that the renewal of license equip it to consolidate and expand its business in the manufacture and supply of high-quality casino equipment and related components.

“We are very glad to have obtained this new licence for Romania as we strongly believe it can reinforce our presence in the market and increment our synergy with local operators,” said Giorgio Abbiati, CEO of Abbiati Casino Equipment.

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