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Montenegro in the focus at the inaugural European Gaming Congress (EGC) with Tatjana Scepanovic (Montenegro Bet)

Zoltan Tundik

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Ljubljana – 21 August 2018 – Montenegro features several amazing casinos. Best ones are on the Montenegrin Coast. When it comes to online gambling, well it’s a different animal.

Online gaming has been legal in Montenegro since October, 2011, and the Games of Chance Administration, the main gaming authority, started issuing online gaming licences in January, 2012.

To attract more investors, the Government of Montenegro made the procedure simple with minimum capital requirements imposed. Operators who get an online gaming licence in Montenegro can offer all forms of entertainment including slots, sports betting, Poker and other card games, live casino as well as other web-based games of chance. The only form of entertainment that is excluded is lottery.

A licensing package costs are between €25,000 for the first year while the renewal of the licence costs €15,000. An income tax rate is 9%.

There are certain advantages of getting an online gaming licence in Montenegro and one of them is that is allows operators to cater to the international market. However, when it comes to players’ interests, some of these advantages can be perceived as disadvantages.

During the inaugural edition of European Gaming Congress, Ms Tatjana Scepanovic will share her insights and give her expert opinion about the gambling industry in Montenegro and its potential investment opportunities.

Tatjana will join Zoran Puhač (European Organization for Gaming Law -EOGL) in the “Highlighting the Balkans and Southeast Europe” panel discussion, a panel in which more speakers will be announced soon.

About Tatjana Scepanovic

Tatjana holds degrees of Bachelor of Economy and Specialist in Marketing Management. I have been involved in the field of the games of chance since 2001, and I have been serving as Secretary General of Montenegro Bet since 2012. In addition to my engagement as the Secretary General, I also perform tasks of accounting, tax consulting, financial forensics and other areas related to the successful and legal operation of the company in general. In addition to promoting socially responsible organising of the games of chance, as the Secretary General I actively participate in following the legal regulations as well as in the drafting of proposals that can result in the improvement of the business environment.

Montenegro Bet is a representative association of the biggest organisers of the games of chance in Montenegro. The Association is a full-fledged member of the EUROMAT and EOGL, and in addition to being a member of all relevant Montenegrin business associations, it is recognised as being the first organisation to apply the principles of socially responsible organising of the games of chance in Montenegro.

Make sure you register your seat in time to benefit of the great lineup of speakers that will share their knowledge for operators and industry connected companies about France, Spain, Italy, Malta, Portugal, Slovenia, Austria, Croatia, Serbia, Montenegro, Greece, Bosnia and Herzegovina, Liechtenstein, Monaco, Netherlands and Belgium.

The inaugural edition of European Gaming Congress which will be held on the 16th of October at the Grand Union Hotel in Ljubljana and will bring together industry experts from all over Europe and create a platform which will enable both networking and learning at the highest quality.

You can view the full agenda on the following link.

Full detail about the event can be found on the official website of the event: https://europeangamingcongress.com/

Make sure you grab your seat as the seats are limited to 100 registrants!

Register here!

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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Soft2Bet opens an executive management and operations office in Sofia, Bulgaria

George Miller

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Soft2Bet opens an executive management and operations office in Sofia, Bulgaria
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The online gaming operator and platform provider Soft2Bet is actively shifting its operations towards European Union locations – the company has recently opened an office in the heart of Sofia Bulgaria. The Sofia office will serve as an executive management hub where its CEO Boris Chaikin is located, an industry veteran with 19 years of online gaming management experience.

Boris Chaikin, Soft2bet CEO, says: “Bulgaria has proven as a Tier 1 location for online gaming businesses and we are proud to open the Soft2Bet office in a beautiful aristocratic location downtown Sofia. We are opening this office to host company’s executive management team, as well as have access to top-quality customer support staff, so we can further grow our business in both B2C and B2B directions. The rapid development of Soft2bet is mainly attributed to our flexibility and continuous development of the business network through partnering the main players of the industry. I am committed to making us the next big success story in the online gaming world!”

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European Gaming Congress Ljubljana announces Luka Popovic as latest speaker in the Balkans oriented panel discussion

Zoltan Tundik

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European Gaming Congress (EGC) is slowly becoming a must-go-to event in the calendar by attracting lots of attention from operators that are eager to hear more about the compliance updates in Europe from the experts that are going to be present at the conference.

The conference will take place at Grand Union Hotel Ljubljana on the 16th of October and is a must attend event for European operators who are active in regulated and non-regulated markets.

You can Register here or View the Agenda

European Gaming Congress is specially designed to bring together industry experts, regulators, operators and service providers in order to discuss burning issues some of the markets are facing when working with compliance updates and licensing. The event also offers networking sessions which will help attending delegates to meet and greet some of well known faces of the gambling industry in Europe. The agenda will give the opportunity for attending delegates to dive into regulatory updates from Italy, Malta, Slovenia, Austria, Germany, Spain, France, Greece and many more jurisdictions. We look forward to seeing you in Ljubljana with a full day of quality content and networking.

Given the location of the conference, the panel discussion includes regulatory updates from the Balkans region, with special emphasis on Serbia, Montenegro and Bosnia and Herzegovina.

Luka Popovic (partner in the leading regional law firm BDK Advokati) is going to join the “Highlighting the Balkans and Southeast Europe” panel discussion along with Zoran Puhač (European Organization for Gaming Law -EOGL), Tatjana Scepanovic (Montenegro Bet) and Zlatan Omerspahic (NSoft)

The panel discussion will be moderated by Donata Szabo (GamblingCompliance)

About Luka Popovic

Luka is a partner in the leading regional law firm BDK Advokati (with offices in Serbia, Montenegro, and Bosnia and Herzegovina). He is a member of the Montenegrin Bar Association and was on the list of arbitrators of the Arbitration Board for the Resolution of Consumer Disputes at the Chamber of Commerce of Montenegro.

Luka has been managing BDK Advokati’s Montenegrin operations since 2013. He is involved in all aspects of the firm’s Montenegrin work, and maintains special industry focus on gaming and hospitality. Luka is the head of the firm’s gaming practice.

IFLR1000 recognizes Luka as a highly regarded lawyer, Legal 500 regards him as a leading individual in the legal market, and Chambers & Partners ranks him as a top-tier lawyer in Montenegro.

Make sure you register your seat in time to benefit of the great lineup of speakers and meet Luka to hear about how you gambling operation can evolve with the new advertisement banning criteries.

Full details about the event can be found on the official website of the event: https://europeangamingcongress.com/

Register here!

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49 gamblers turn millionaires in 2017 in Bulgaria

Niji Ng

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49 gamblers turn millionaires in 2017 in Bulgaria
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National Revenue Agency (NRA) of Bulgaria has reported that 49 gamblers in the country became millionaires in 2017 alone. The agency has also stated that the total winnings from gambling received Bulgarian gamblers in 2017 amounted to BGN 627 million.

The report also indicates that as many as 13,447 Bulgarian gamblers have won more than 5,000 BGN last year.

The biggest winning was 9,815,422 BGN, and the game is not specified. The second biggest winning amounted to BGN 7.9 million, the third place was 5.7 million BGN. The other TOP 10 winners of the ranking have won from 4 to 5 million levs, the NRA reports. A total of 49 Bulgarians have become millionaires due to gambling last year with their winnings over 1 mln BGN.

80 Bulgarians have won between BGN 500,000 and BGN 1 million. Most gamblers, 12,395 people were lucky to receive winnings between BGN 5,000 and BGN 100,000.

The NRA statistics is not segmented by type of gambling because such information was not collected. However, it is clear from the tax agency data that the biggest winning was paid by companies which are the lottery operators.

The National Lottery has paid more than 5,000 levs to 6,209 people, according to official data from the NRA. Eurobet has provided such prizes to 259 people, New Games reported about 672 winners.

Since the lottery operators are required by law to pay out at least 50 per cent of the value of the bets, it can be concluded that turnover of lotteries is about BGN 1 billion in Bulgaria.

 

Source: E-PLAY Online

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