Slovakia Moves To Update Gambling Laws

Liberalising legislation heads to the European Commission

Slovakia’s monopolistic gambling market is on the road to change following the submission of new legislation to the European Commission for its opinion.

The proposals include opening up the previously restricted online gambling sector to foreign operators, using liberalisation models developed by other European nations that will see new licensing and regulatory provisions come into force as early as next year.

There will now be a three month hiatus whilst the EC considers the new law, but it looks like online casino and poker will soon be available wider than the present state-owned national lottery, which has held a monopoly for years.

The Ministry of Finance will have oversight on gambling, and operators will be required to be EU-based or have a physical presence in Slovakia.

The draft legislation proposes the creation of a Regulatory Office for Gambling which will be responsible licensing, enforcement, regulation and general administration of the industry.

Operators will have to give access to their servers to the regulator, and will be subjected to a rather high 23 percent tax rate based on GGR, although the amount charged for licensing fees is not clear.

The regulations will cover a wide range of operational issues that embrace responsible gambling measures, anti-money laundering, precautions against problem and under age gambling, consumer protection and measures that ensure fair and integrity-driven activity.

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Brian Cullingworth

Brian Cullingworth

Infopowa news was a staple of Casinomeister’s news from 2000 until 2019. Brian Cullingworth was the main writer, contributor, and was one of the most knowledgeable persons I have ever known involved in the online casino industry.

We first met in January 2001 at the ICE in London where I observed him going booth to booth interviewing online casino, software, and licensing jurisdiction representatives. Brian was also heavily involved with our forum as “Jetset“, he was involved as an informal consultant to eCOGRA, the OPA, and was a player advocate who assisted countless aggrieved players with his connections to industry folks. He also published “Casino Cautions” via Infopowa news for quite a number of years. These can be found in our news archives.

His passing in February 2019 was a dark day for us. He will be forever missed.

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