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Slovakian gambling market analysis with Dr. Robert Skalina (WH Partners) and Stefan Švec (Playtech) at Prague Gaming Summit 3

Zoltan Tundik

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Reading Time: 3 minutes

 

Slovakia will follow new gambling rules after the parliament overrode the president’s veto and adopted the new law on gambling. A total of 86 deputies voted for the change, supported by some opposition MPs also. This will increase the protection of gamblers, adding the rules for running gambling games on the Internet.

Slovakia’s parliament has passed the new gambling act prepared by the Ministry of Finance, which will open the Slovak market for foreign operators, including operators with a registered office outside of Slovakia.

The new act became effective on March 1, 2019, except for some provisions which will be effective as of 1 June 2019 and we have seen a lot of movements in the market.

One of the most important changes is private domestic companies, as well as companies from the European Union, will be able to apply for online gambling licenses.

The law also introduces more measures to protect gamblers. The minimum number of gambling machines in one gambling house will increase to 15 machines. In addition, gambling in these houses will be banned between 3:00 and 10:00. (You can our briefing on Slovakia here.)

Partypoker announced their exit from the market last week. As of Thursday, February 28, the company has stopped accepting players from Slovakia and will implement geo-blocking to prevent the play from existing customers, reported Czech poker site Poker-Arena.

The third edition of Prague Gaming Summit will include a special panel discussion which is titled “Focus on the Slovakian market regulation and decrypting Poland’s licensing procedures” and will be joined by industry experts of the region such as Michał Sałajczyk (Associate, Bird & Bird Poland), Stefan Švec (Sales Director, Playtech), and Dr. Robert Skalina (Senior Advisor, WH Partners).

The panel will be moderated by Andrius Gabnys (Managing partner/Attorney-at-Law, Gabnys Law).

About Stefan Švec

Štefan Švec is an industry professional with over 10 years of experience in the retail and online gaming space. Focusing on Central and Eastern European countries, he has co-created several successful projects as Doxxbet and CardCasino and consulted to local market leaders as Synot or Slovmatic. Started as an operator of Poker cardroom in Slovakia and went from Online product manager, Head of products to Head of Sales, Consultant, and Managing Director. Two years ago he has joined Playtech, the world biggest supplier of gaming products and services, where he leads the sales efforts in Eastern and Central Europe included CIS. He is mostly responsible to develop new Tier1 opportunities, to establish new business prospects and investments possibilities across the region.

 

About Dr. Robert Skalina

Dr. Robert Skalina is a Czech Advocate as well as a Registered European Lawyer in Malta. He is based in Prague and works in Malta regularly.

He is a financial service and corporate lawyer and provides advice to a wide range of investment managers, advisors and funds, including private equity and hedge funds. Robert also regularly advises clients in the gaming/gambling industries and has vast experience in the area of mergers and acquisitions and complex cross border transactions.

Robert has previously held the position of head of legal of a London based investment advisor active throughout EMEA region. Prior to that, he served as legal counsel for the largest retail bank in the Czech Republic.

Robert graduated with an LLM cum laude from the London School of Economics. He holds a Master of Laws degree from the Charles University in Prague. He provides advice in English, Czech and Slovak.

Do not miss this opportunity to attend the leading conference in the region which offers the option for both new companies and veterans, to learn about industry insights and compliance updates, while also take part in several industry related discussions with the leading groups that are at the forefront of the gambling industry in the Czech Republic, Slovakia, Poland, Austria, Switzerland, and Germany.

You can Register here or View the Agenda

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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Central Europe

Czech gambling investment groups KKCG and EMMA Capital decide to split on SAZKA

Niji Narayan

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Czech gambling investment groups KKCG and EMMA Capital decide to split on SAZKA
Reading Time: 1 minute

 

Czech gambling investment companies KKCG and EMMA Capital have agreed up on splitting their share holdings of SAZKA Group.

According to the agreement, KKCG, owned by investor Karel Komarek, will get the following: full ownership of SAZKA Group, the biggest shareholder position in Greek betting firm OPAP, and the shares it holds in its Czech lottery unit, as well as OPAP, Italy’s LOTTOITALIA and Casinos Austria.

EMMA Capital, the investment group of investor Jiri Smejc, will now own SAZKA’s shares in Croatian sportsbook company SuperSport and financial compensation of several hundred million euros. SAZKA Group had previously announced that it was looking at an initial public offering in London to help fund growth in Europe and both Karel Komarek and Jiri Smejc have confirmed such a move is still on the table.

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Central Europe

Colossus begins operations in Slovenia with Sportna Loterija

Niji Narayan

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Colossus begins operations in Slovenia with Sportna Loterija
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UK-based Colossus Bets has launched its operations in Slovenia in association with Športna loterija, the national lottery and sports betting provider of the country. Športna loterija will now have access to Colossus’ multimillion-euro prizes to Slovenian players for the first time.

The integration also covers the full Colossus Bets sports portfolio and the product will be available to play both online and in shops. Online players will also be introduced to Colossus’ partial Cash Out functionality.

Športna loterija’s president of the management board, Dr. Edvard Kolar, said, “Our partnership with Colossus reflects our commitment to provide Slovenians with the best and most responsible entertainment in sports betting. It is a natural fit for us as our customers can now shoot for lottery-sized jackpots with small stakes on exciting sports content. And it will also mean increased, de-risked revenue to continue to support the many great causes in our local ecosystem.”

Colossus Bets’ COO, David O’Reilly, commented, “We are excited to welcome Športna loterija as our first lottery operator to the Colossus network. We believe that our pools product can uniquely bridge the gap between lottery and fixed odds sports betting and therefore has the potential to appeal to both audiences and beyond. This partnership marks the beginning of a new era of expansion for Colossus in this space.”

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Central Europe

Poland’s football league floats new rights tender

Niji Narayan

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Poland’s football league floats new rights tender
Photo Source: standard.co.uk
Reading Time: 1 minute

 

Ekstraklasa, the premier football league of Poland, has floated a new tender for audiovisual bookmakers’ rights for the next two seasons.

Since 1995, the rights have been undertaken jointly with the DTH platform nc+, the main TV broadcaster of Ekstraklasa. This is the first time licensed bookmakers operating on the Polish market will be invited to submit bids. Contracts will be finalised by April 30 this year. Commenting on the development, Marcin Animucki, chairman of the board at Ekstraklasa, said: “after the success of contracts for the rights to domestic television broadcasts, we are beginning to sell smaller packages. This is very important for us due to the additional funds that will be provided to clubs and the role of promoting games among fans. This year, for the first time ever, we want to offer rights to bookmakers operating in Poland. We have already had a series of meetings with their representatives and as a result of discussions with nc+ have developed packages to show Ekstraklasa games on bookmaker platforms”.

As part of the tender procedure, bookmakers will be offered two packages. The first will allow the purchase of rights to broadcast 296 Ekstraklasa football matches exclusively and as a result showing Ekstraklasa matches for a limited period on the online bookmaker platform where bets are accepted. The second, alternative package will allow up to four licensed companies accepting bets to purchase such rights without exclusivity.

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