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New Slovakian law to relax online gambling restrictions

The Slovakian government admitted the regime has been designed to mirror its European neighbours’ success stories. Now the draft bill has been submitted there will be a three-month period of standstill as the Commission examines whether it is lawful. The new law is a significant change for Slovakia, which has black-listed more than 200 gambling domains - including household names such as Bet365 and 888 - since a previous bill was passed in 2016. Currently, online casino and poker activity remains the sole responsibility of the state-owned TIPOS national lottery. "The state began blocking illegal companies. But that was only the first step. Now comes the second, clear rules for everyone - anyone who wants to offer online casino games will be able to do so if they meet the prescribed conditions," said Peter Papanek, head of the Association of Betting Companies of the basketball betting Slovak Republic, according to Sport Aktuality . "Experience from abroad shows that, if the state wants to intervene against tax evasion and illegal gambling, it must go through the liberalisation of the market and the setting of fair conditions, inter alia, to motivate operators to operate legally. "Illegal companies thus lose the incentive to circumvent the rules, and the state, in addition to income, also gains the certainty of consumer protection. The countries that have been chosen liberalisation have rapidly reduced the share of the black market." In its submission, Slovakia’s Ministry of Finance, which will have responsibility for gambling, said it wants to “relax restrictions on access to the internet gambling market”.

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