Eastern Europe

Belarus to formulate new rules for gambling

Published

1 year ago

July 12, 2018

Belarus to formulate new rules for gambling

Reading Time: 2 minutes

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

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Niji Narayan

Niji Narayan 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. He reports gaming industry headlines from all around the globe.

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Compliance Updates

Playson granted operational licence by Romanian Regulator

Published

4 days ago

July 16, 2019

George Miller

Playson granted operational licence by Romanian Regulator

Reading Time: 1 minute

Slot developer further enhances its Eastern European presence with Class II licence

Casino software developer Playson has been granted a Class II licence by the Romanian regulator (ONJN) allowing it to enter the country’s regulated market.

The new licence enables Romanian-facing operators to offer Playson games for the first time, including its popular Timeless Fruit Slots series, as well as its latest releases including Solar Queen, Wild Warriors, Mighty Africa and Book of Gold: Classic.

This expansion into the Romanian market extends the company’s presence across Europe and follows recent operator deals with TOPsport and SuprNation within the territory.

Playson CEO, Alexander Ivshin, said: “Here at Playson we’re delighted to announce we have been granted our Romanian licence and thrilled to give players access to our innovative slot catalogue.

“We’re always looking to expand our global footprint, and we look forward to working alongside the ONJN, and developing a long and fruitful partnerships in Romania.”

Approval by the ONJN brings total the number of Playson’s licences to three including those granted by the UKGC and MGA.

Eastern Europe

BMM Testlabs Selected as the First Test Lab Partner by The Gambling Business Monitoring Center for the Belarus iGaming Market

Published

5 days ago

July 15, 2019

George Miller

BMM Testlabs Selected as the First Test Lab Partner by The Gambling Business Monitoring Center for the Belarus iGaming Market

Reading Time: 2 minutes

BMM Testlabs, the world’s best gaming testing laboratory and technical consultancy, is pleased to announce that The Gambling Business Monitoring Center (GBMC) chose BMM as its first international test lab partner in February 2019 to support the opening of the regulated iGaming market in Belarus. GBMC is the only authorized lab by Belarus law to certify iGaming products for the Belarus market

EVP, Europe and South America, Gene Chayevsky commented, “We are honored to have been the first international lab that partnered with GBMC at ICE 2019. It is our pleasure to be their certification partner as they work to open the regulated Belarus iGaming market, and we look forward to working with GBMC to bring many of our customers to this new market. BMM is thankful to GBMC for the opportunity.”

“The Gambling Business Monitoring Center is proud to have chosen BMM as its first international test lab partner in February 2019 to help support the opening of the regulated iGaming market in Belarus. We are grateful for BMM’s collaboration with our laboratory in introducing leading international iGaming operators and game suppliers to our jurisdiction and look forward to a productive long-term partnership in certifying products with BMM for our market,” stated Siarghei Trukhan, Manager of the Testing Department of the Gambling Business Monitoring Center.

About BMM:
BMM is the longest established and most experienced private independent gaming certification lab in the world, providing professional technical and regulatory compliance services to the gaming industry since 1981.

At its core, BMM is a systems-expert company that has provided consulting for and tested many of the largest gaming networks and systems over the last 37 years. In addition, BMM has been successfully testing and certifying the full scope of Class III casino products for over two decades.

BMM authored the first set of independent gaming standards in 1992 and the first set of online gaming standards in 2001.

BMM employs some 400 people in 14 global locations and serves over 460 jurisdictions.

BMM’s world headquarters are in Las Vegas (USA), with offices in Mexico City (Mexico), Lima (Peru), Melbourne and Sydney (Australia), Singapore, Macau (SAR, China), Moncton (Canada), Buenos Aires (Argentina), Barcelona (Spain), Vienna (Austria), Bologna (Italy), Midrand (South Africa) and Bucharest (Romania).

For more information on BMM Testlabs, please visit bmm.com

Eastern Europe

Imperia Casinos In Bulgaria Launches Bryke Video Slots from Zitro

Published

1 week ago

July 11, 2019

Niji Narayan

Imperia Casinos In Bulgaria Launches Bryke Video Slots from Zitro

Photo Source: zitrogames.com

Reading Time: 1 minute

Imperia Casinos in Bulgaria has launched Zitro’s Video Slots brand Bryke, which is a sign of the latter’s growing popularity. This will allow players in Bulgaria to enjoy the world’s number one multigame progressive bank Link King. It has been made available on the cutting-edge Fusion Slant terminal, a cabinet that has proved to satisfy players and operators alike. As confirmed by Gavril Chetrafilov CEO of Imperia Casinos: “We have been watching Zitro’s video slots brand Bryke grow very fast and strong in the last couple of years and are very pleased that their products can now be played in our venues. Giving the success of Bryke in the global marketplace, and seeing the product roadmap of the company, we feel very confident investing in Zitro and look forward to a long-term partnership.”

Nadège Teyssedre, Sales Director of Zitro for EMEA comments: “We feel very proud as to how far we have come already with our products, especially in, for us, new markets where competition is very strong and only the best ones are allowed in. Link King and Link Me are both games that have outperformed the most established brands in venues across the globe and is putting Zitro on the must have list of suppliers for any operator. Being present at the Imperia Casinos in Bulgaria is yet another milestone we have accomplished in our ambitious expansion plans and we want to thank Gavril and his incredible team for their trust.”