The coordinators of the event CEEGC 2017 are pleased to declare that Dr. Robert Skalina, partner at WH Partners, who will be an orator regarding Czech regulation, will also be providing information about the state of the online betting market in Slovakia.
Current State of Online Betting Industry in Eastern Europe
The latest regulation of industries in Eastern Europe offers an apparent sign that illegitimate online betting will soon be removed from Europe. Unlawful gaming activities have been terminated lately in Poland, Slovakia and the Czech Republic.
The European jurisdictions have declared a major restraint on unlawful gaming operations as unwarranted platforms. Under newly recognized regulations, three administrations resolved to propose ISP blocking to eradicate unauthorized gaming activities in 2017.
Though ISP blocking has been disapproved by all involved corporations, European governments are augmenting the legal clash against unlicensed global gaming operators by prohibiting the platforms in their dominations. Forces from Poland, Slovakia and the Czech Republic also asserted that unlawful operators could be fined with over US$587k.
Moreover, the novel proposal would generate time limits for players’ involvement in gaming services. Operators would have to abide by the new modification, which would set a maximal limit on an hourly basis.
In April, administrators in the country’s capital Bratislava prohibited betting, but not sports betting shops or lottery retailers in the city boundaries, though present casino and slots hall operators will be permitted to continue functioning till their current licenses terminate.
Blocking Betting Operators
Poland has blocked over 1,000 domains till now and is exerting stringent restraint on online gaming platforms. In July, the Slovak Financial Administration presented a record of 10 disorderly operators like 888 Holdings, Bet365, Bwin, William Hill, Eatsleepbet.com and LVbet.com. The list was extended to 16 by the end of the month.
Slovakian authorities wish the operators to shut down their sites within 10 days or they will be delivered a legal order that will impel their ISPs to block the websites based on DNS and those who will not support will require paying penalty of up to €500,000.
Many internet service providers stated that they are willing to block the sites, though they are still expecting a judicial order before operating. The providers have also revealed disappointment at the government for levying new duties on them without providing any funding to account for the additional work. Network operators O2 and Telekom stated that they will bear the whole costs as their donation to the battle against unlawful betting.
Few operators have already departed the Slovakian industry in recent months subsequent to the declaration of enforcement of new betting regulations by the government, under which online sports gambling licensees must pay 27% tax on their total gaming profit from local bettors. Online casino as well as poker operations stays the only duty of the state-owned TIPOS national lottery.
Eastern Europe’s Betting Industry Talk by Dr. Skalina at CEEGC 2017
The growth of regulated markets in the Eastern Europe region section is scheduled to be held between 11:00 to 12:00 (Budapest local time) on September 19th within the second edition of the Central and Eastern European Gaming Conference Budapest CEEGC 2017. Early Bird Rate is set for 299 EUR and can be reserved with the 50% discount till 3rd September 2017.
Dr. Robert Skalina is Czech Advocate and a registered European advocate in Malta. He has immense experience recommending clients in the gaming markets on all aspects of their activities. He also offers advice to a broad range of investment managers and funds.