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Slovakia plans on adopting a new gambling law

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Slovakia plans on adopting a new gambling law
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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/

Reka is an Experienced English second language teacher with a demonstrated history of working in the higher education industry. Skilled in Microsoft Excel, Teaching English as a Foreign Language, Translation, Foreign Languages, and Lecturing. Strong education professional with a Bachelor’s Degree majored in English Language and Literature/Letters. Reka is in charge of conducting the exclusive interviews on European Gaming and our printed magazine

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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
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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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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
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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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