Connect with us

Central Europe

Slovakia plans on adopting a new gambling law


Visit Wazdan at ICE London at the N7-420 stand

Published

on

Slovakia plans on adopting a new gambling law
Reading Time: 3 minutes

 

Slovakia has recently submitted a new draft legislation to the European Commission that aims to introduce some major changes in the way the country regulates the gambling industry. Joining the recent trend that has swept throughout Europe, Slovakia aims to liberalize the gambling market with the new draft and effectively make it easier for international companies to offer their services to the Slovakian market. The draft Act on Gambling was submitted to EC by the Slovak Ministry of Finance on July 25, 2018. EC has three months to review the proposal, during which time the draft will be in a standstill, meaning it will not be able to take effect.

The new draft lets the state keep monopoly over some gambling activities while allowing international companies to enter the market in others

As reported by Casinopånett.eu, similarly to what Sweden is planning, Slovakia will allow the national provider – Tipos, to maintain its monopoly in certain parts of the industry, like the provision of online lottery and bingo. On the other hand, international companies will be able to offer the customers online casino games but to do so they will have to obtain licenses from the regulators. The authorities have been open about the fact that they are actively studying the experience of other European countries with similar matters to base their decisions on. Representatives from the government commented that the regulators want to take “the technological progress and the findings of regulatory authorities in other European countries into account more fully.”

Some of the other changes considered in the draft include allowing Slovak municipalities more authority when it comes to regulating gambling activities. It will be up to the judgment of local authorities to determine whether to allow land-based gambling activity on their territories or not. This piece of legislation might appease the critics of the gambling industry. Furthermore, the draft proposes establishing a separate regulatory body to oversee the gambling industry. The Regulatory Office of Gambling will be tasked with this as well as issuing the licenses to the companies.

The authorities see the deregulation as a second wave after the country cracked down on illegal gambling providers. Peter Papanek, who is the head of the Association of Betting Companies of the Slovak Republic commented: “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.” Furthermore, he emphasized the need of liberalization as a means to stifle the illegal activities saying: “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.”

The Remote Gaming Association criticizes the new draft

RGA has openly expressed that the new draft will attract more international operators, which is good for the industry. On the other hand, the organization would have liked the draft to go even further with its liberal approach. For example, RGA commented that the proposed licensing fees would be almost ten times higher than those of the neighboring countries, which would put Slovakia at a competitive disadvantage and discourage many international operators from entering the market. Furthermore, the organization criticized the fact that the issue of sports betting licenses is delayed for a year after the rest of the market is deregulated. “We argue that this provision is discriminatory against European companies, is not based on sound public-policy objectives, and is effectively aimed to protect local sports betting licensees from competition,” – Pierre Tournier, the RGA’s director of government relations commented on the issue.

Full article available here: https://casinopånett.eu/nyheter/slovakia-planlegger-ny-gamblinglov/

Advertisement

Kasynos.Online




PINUP CASINO

Central Europe

These are the most successful new games in Germany in 2022

Published

on

Reading Time: 2 minutes

 

Be it exciting sports games, games for the entire family, epic journeys into fantastical worlds, or action-packed adventure – 2022 offered a wide range of video game titles to choose from. This can be seen in the German annual charts for the bestselling PC and console games that were released in 2022. The hit sports game ‘EA SPORTS FIFA 23’ (Electronic Arts) captured first place in the list of bestselling new game releases in 2022. Another major success: ‘Pokémon Legends: Arceus’ (Nintendo) from the popular Pokémon series for the Nintendo Switch. This action role-playing game took second place in the list of bestselling games for the year just ended. Third place in the German charts for 2022 was secured by the award-winning open-world game ‘ELDEN RING’ (Bandai Namco Entertainment), which was the result of a collaboration between game developer Hidetaka Miyazaki and author George R. R. Martin. Just two months after its release at the end of October 2022, first-person shooter game ‘Call of Duty: Modern Warfare II’ (Activision) made it into fourth place. It was followed in fifth place by the action-adventure game ‘LEGO Star Wars: The Skywalker Saga’ (Warner Bros. Interactive Entertainment), whose missions are based on the most important events from the nine ‘Star Wars’ films.

The 20 bestselling PC and console games in 2022:

Information on the annual charts

The annual charts for 2022 list the games released that year for PCs and game consoles that were most often sold – physically and digitally, across platforms – in Germany in 2022. The data is gathered by Games Sales Data (GSD), a platform operated by the Interactive Software Federation of Europe (ISFE). Digital sales of Nintendo titles from the Nintendo eShop are not included.

Continue Reading

Central Europe

PRAGMATIC PLAY BROADENS CZECH PRESENCE WITH FORBES CASINO

Published

on

PRAGMATIC PLAY BROADENS CZECH PRESENCE WITH FORBES CASINO
Reading Time: < 1 minute

 

Pragmatic Play, a leading content provider to the iGaming industry, has signed a strategic partnership with Forbes Casino in the Czech Republic.  

The agreement provides Forbes Casino users with 12 of the provider’s high-performing Slots, including player favourite Sugar Rush™ and multi-award-winning titles such as Gates of Olympus™ and Wolf Gold™. In total, 50 of Pragmatic Play’s Slot games are now certified across the regulated Czech market. 

Forbes Casino is a recently established online brand of Victoria Tip a.s., one of the most successful operators of brick-and-mortar casinos in the country. 

The latest partnership for Pragmatic Play adds to its growing presence across Europe and cements its position as a key player in the Czech Republic. 

Irina Cornides, Chief Operating Officer at Pragmatic Play, said: “Forbes Casino is built on a rich history of providing high-quality casino experiences to players in the Czech Republic, and we are honoured to expand on that with the addition of Pragmatic Play titles to their online operation.  

“With a strong commitment to our craft and dedication to responsible gambling, we are excited that even more players in this growing regulated market can now enjoy our globally popular games.” 

Petr Žemba, Project Manager at Forbes Casino, said: “When looking at collaborators for our online operations, we know brand reputation is of utmost importance to our users, partnering with such a well-established provider as Pragmatic Play is a victory in itself. 

“We know our customers are going to love the titles that we’ve added which have already proved to be a big hit across the wider European market and beyond. We look forward to seeing where this deal can take us and the new heights we can reach on Forbes Casino.” 

Continue Reading

Central Europe

EveryMatrix wins Hungarian lottery tender for online sportsbook platform and services

Published

on

EveryMatrix wins Hungarian lottery tender for online sportsbook platform and services
Reading Time: 2 minutes

 

The Hungarian national lottery company, Szerencsejáték Privately Held Company Limited, becomes EveryMatrix’s sixth global lottery client and coincides with the launch of the country’s online sports betting regulation.

B2B iGaming technology provider EveryMatrix has been awarded the public tender to provide the Hungarian state-owned gaming and lottery operator Szerencsejáték Privately Held Company Limited with an end-to-end suite of advanced digital sports betting software solutions and services for its online brand TippmixPro.

Designed to create the ultimate online sports betting experience in the newly regulated market, the multi-year agreement was awarded to EveryMatrix after a 15-month competitive procurement process with more than 25 bidders.

EveryMatrix technology will transform the Hungarian national lottery company and its TippmixPro brand’s digital sports betting offering by integrating its award-winning OddsMatrix sportsbook platform and data feeds ensuring maximum productivity, stability, and scalability.

In addition, EveryMatrix will provide a full range of state-of-the-art turnkey software solutions and services across player account management; virtual sports; bonusing, acquisition, retention, and reactivation; payments and affiliate management.

The agreement comes at the ideal time for Szerencsejáték Privately Held Company Limited following the Hungarian government’s decision to regulate online sports betting which went live on January 1st, 2023.

EveryMatrix has won several World Lottery Association (WLA) and European Lotteries (EL) agreements including Norsk Tipping (Norway), OPAP (Greece), National Lottery (Malta) and Veikkaus (Finland).

Launched in 1991 Szerencsejáték Privately Held Company Limited is a leading operator in the Hungarian online sports betting market and one of the largest businesses in the country. It is a member of the WLA and offers multiple products including lottery games, lottery tickets and sports betting with more than 7,700 nationwide sales points.

The Hungarian national lottery company makes a significant annual contribution to the country’s stable economic growth, financing community, cultural, social, health and sporting initiatives and returns approximately two-thirds of its net gaming revenue – in the form of taxes, fees, contributions, dividends – to the state budget to finance public projects.

Stian Hornsletten, Chief Commercial Officer at EveryMatrix, said: “Since 2016 we have made significant inroads in the lottery sector and now work with some of the biggest organisations in the world, powering and servicing their digital offerings to millions of their customers.

“Winning SZRT ahead of many of our competitors yet again underlines the quality of our technology solutions, services, and expertise across multiple elements, from sportsbook and player account management to bonusing, payments and affiliate management.

“Operations are weighted highly within large-scale agreements such as this and I’m particularly pleased that our operational quality and experience shone through. We are delighted to be working in partnership with SZRT and look forward to supporting them in their digital journey this year and beyond.”

Zoltán Horváth, Sports Betting Director at Szerencsejáték Privately Held Company Limited, said: “We are very pleased to have agreed terms with EveryMatrix following a thorough and highly competitive tender process and we’re confident we have selected an ideal partner.

“We have ambitious plans to extend and enhance our sports betting offering at a time of market regulation to create the ultimate entertainment experience for Hungarian players, and we firmly believe we will achieve this through this partnership.

Continue Reading

Trending

Get it on Google Play

European Gaming Media and Events is a leading media and boutique event organizer in the European Union with a monthly reach of +110,000 readers. The official company (PROSHIRT SRL), has been listed for 4 years in a row among the top 3 Advertising and market research agencies in the local Top Business Romania Microcompanies based on the Financial Reports.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2022 European Gaming Media and Events. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.