Balkans

European Council offers support to Albania’s gambling ban

Published

6 years ago

November 2, 2018

Niji Narayan

European Council offers support to Albania’s gambling ban

Photo Source: European Council

Reading Time: < 1 minute

Officials of the European Council have extended support to the decision of the Albanian government to shut down betting shops and casinos and ban sports betting in the country. It was last week that the Albanian parliament passed the law to this effect.

The ban will come into force in 2019. The new law will make all slot machine parlours, betting shops and other forms of sports betting including online sites close before the start of 2019.

Christos Giakoumopoulos, General Director for Human Rights and Rule of Law, said that the decision from the parliament also helps the prevention of money laundering. “The extreme measures that were taken this year are welcome,” Giakoumopoulos said.

The EC official also added that the European Council mechanism Moneyval is currently monitoring the performance of local institutions for money laundering and that a report will be published soon.

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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.