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Slovakia’s new legislation aims to ease online restrictions

George Miller

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Slovakia's new legislation aims to ease online restrictions
Reading Time: 2 minutes

The countries online gaming sector greets the Slovak government’s new proposal for a regulated market which could be implemented in 2019.

Slovakia aims to replace the current legislation with a new one which could open up the market for private operators from March 1, 2019. The new legislation is set to mirror the neighbouring countries positive realizations in the field.

The now submitted legislation has a three-month period of standstill as the European Commission examines whether it is constitutional.

The new law is a significant change for Slovakia, which has black-listed more than 200 gambling domains – including household names such as Bet365 and 888 – since a previous bill was passed in 2016. Currently, online casino and poker activity remains the sole responsibility of the state-owned TIPOS national lottery.

“The state began blocking illegal companies. But that was only the first step. Now comes the second, clear rules for everyone – anyone who wants to offer online casino games will be able to do so if they meet the prescribed conditions,” said Peter Papanek, head of the Association of Betting Companies of the Slovak Republic, according to Sport Aktuality.

“Experience from abroad shows that, if the state wants to intervene against tax evasion and illegal gambling, it must go through the liberalisation of the market and the setting of fair conditions, inter alia, to motivate operators to operate legally.

“Illegal companies thus lose the incentive to circumvent the rules, and the state, in addition to income, also gains the certainty of consumer protection. The countries that have been chosen liberalisation have rapidly reduced the share of the black market.”

In its submission, Slovakia’s Ministry of Finance, which will have responsibility for gambling, said it wants to “relax restrictions on access to the internet gambling market”. Companies with a base in Slovakia or another EU state are able to apply for a licence.

A new Regulatory Office for Gambling is proposed in order to centralise activities in the gambling sector. With the exception of legislation, the office’s scope would cover all activities related to the gambling sector, in particular licensing, supervision, imposing sanctions and the administration of fees.

Online operators would pay a 23% tax rate under the new regime, with various operational charges.

The Slovakian authorities said they were inspired by European countries that have introduced new regulated gambling frameworks in recent years such as Denmark, Sweden, Romania and the Czech Republic.

“[The draft act] would take technological progress and the findings of regulatory authorities in other European countries into account more fully, while simultaneously improving the protection of players from possible harmful effects directly related to services provided in this sector,” the Ministry said in a statement.

The Ministry explained that operators would need to provide the newly created regulatory authority with access to a server so that it can have oversight of data.

 

Source: igamingbusiness.com

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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Central Europe

Poland to fight against tax crimes

Niji Ng

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Poland to fight against tax crimes
Photo Source: warsawpoint.com
Reading Time: 1 minute

 

A law has been prepared by the Ministry of Justice, which allows effective counteracting organised crime, especially tax crime, illegal circulation of alcohol, cigarettes and electronics or illegal gambling. This is done by the amendment of the Penal Code prepared in the Ministry of Justice.

The new law aimed at criminals who are cheating on taxes, duties or excises.

Revenues from VAT to the state budget in 2017 increased by PLN 30 billion, which is by almost a quarter compared to the previous year. This is more than all year spending on the “Rodzina 500+” programme.

The next action is far-reaching changes in the Penal Fiscal Code. They are necessary because the obsolete law (the Penal Fiscal Code Act has not undergone a deeper amendment for 10 years) means that huge amounts instead of, for example, social purposes go to the pockets of criminals who cheat on taxes, duties or excises.

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Central Europe

NSoft’s Sportsbook released to Orion Tip retail network in Slovakia

George Miller

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NSoft’s Sportsbook released to Orion Tip retail network in Slovakia
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NSoft`s Sportsbook offer Pre-Match and In-Play Betting MTS has been released to Orion Tip`s retail network in Slovakia. This represents continuation of the existing cooperation with Orion Tip who has introduced Nsoft’s sports betting offer to its players via terminals and now extended it to retail offer.

NSoft has been recording constant growth of placed In-Play bets. Managed Trading Service (MTS) in sports betting provides flexibility and represents an effective risk management strengthening competitiveness, minimising operational risks and costs.

Comprehensive NSoft´s Sportsbook solution, driven by Betradar data, provides clients with extensive offer of more than 370 000 events from 60 different sports (Pre-Match MTS) and up to 25,000 live events per month across 20+ sports (In-Play MTS) together with corresponding odds and results.

Find out more on NSoft´s Sportsbook offer – book a meeting with NSoft´s sales staff in London at the upcoming ICE London, February 5-7, Stand S1-260 or contact Sales team at sales@nsoft.com.

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Central Europe

New legal regulations in Poland

Niji Ng

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New legal regulations in Poland
Photo Source: cmo.com
Reading Time: 1 minute

 

New regulations on the documentation of gambling will enter into force on 18 January 2019. On 28 December 2018, the Minister of Finance amends the ordinance on the documentation of entities operating in the field of gambling.

Pos. 26 Overview:

Entries for documentation kept in paper form shall be made in a permanent and legible manner. Amendments and corrections in this type of documentation shall be made in such a way that the crossed out original text remains legible. However, each change or amendment is confirmed by the signature of the person making the change or amendment, giving the date of their introduction, and if necessary, it is described under the heading “comments.”

On the other hand, entries in the documentation kept in electronic form are made using a computer programme, in accordance with the written instruction manual of this programme, in such a way as to:

* provide an insight into the content of alerts and ensured protection of recorded data against destruction or loss, in accordance with the principles of confidentiality, integrity and accessibility;

* provide protection against unauthorised access, in particular through the use of authentication and authorisation mechanisms;

* enable printing of entries and reports from entries made, along with the changes made, in chronological order;

* ensure identification of the person making the change in the documentation along with the date of making this change.

The documentation should be registered by the competent head of the customs and tax office. In the case of paper-based documentation, the documentation must also be officially sealed by the appropriate head of the customs and tax office, and individual documentation cards—numbered consecutively.

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