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Belarus

Please meet the first participants of the demo area at Belarus Gaming Congress: Slotegrator, CTC HOLDINGS, TRIO GROUP

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As early as on October 14, 2015, the capital of Belarus will host a large-scale event dedicated to the domestic and foreign gambling business – Belarus Gaming Congress. The representatives of public authorities, managers of casinos in Belarus and other CIS countries, investors, representatives of the Bitcoin community and many others will attend the event http://minsk.rgweek.ru/en .

It will involve the demo area, where different companies will present their developments and solutions for gambling.

We are glad to present you our first participants:

  1. Slotegrator is an aggregator of the world’s most popular providers for online casinos using a single protocol. The company supplies software to the gambling market and promotes the best gaming products of world-famous manufacturers.

Slotegrator appeared on the market a few years ago and turned from a start-up into one of the leading players on the market of online entertainment and gambling. Having implemented several successful projects, it has expanded its activities and offers its customers an absolutely unique service – gambling business support on the turnkey basis.

  1. CTC HOLDINGS has been a manufacturer of various casino equipment for nearly 25 years. The company has more than 300 clients across Europe, Asia, South America and even in Africa. CTC HOLDINGS provides a wide range of services for the development of standard solutions and individual orders. All its products comply with international quality standards in the gambling business.
  2. TRIO GROUP Holding was founded in 2008. It is one of the oldest and leading independent bookmaking and gaming groups on the territory of the Russian Federation and CIS countries. Its headquarter is located in Moscow.

TRIO GROUP has a dozen of recognized brands that are optimized for the specific market segments and regions. Operation in the betting shops is conduction on the basis of the license of the Russian Federation.

Do not ignore the demo area at Belarus Gaming Congress, open new opportunities and solutions for your business.

We wait for you at this big event on October 14, 2015 in Minsk!

Buy tickets now

More information about Gaming Belarus Congress, all the speakers and participants of the event can be found on minsk.rgweek.ru.

Belarus

Luxury casino in Belarus announces temporary shut down

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Luxury casino in Belarus announces temporary shut downReading Time: 1 minute

The XO casino, one of the premier luxury casinos in Belarus, has announced its temporary closure for renovation. However, some of the staff members expressed their suspicion over the credibility of the announcement. Some of them confidently assert that the casino will never open again.

Its website now shows a message about reconstruction, which invites all gamblers to visit the casino branch in Batumi, Georgia.

The employees of the gambling club said that they were informed only on Sunday that starting from Monday they do not work in the casino anymore. There had been no previous announcement about renovation.

XO casino was located at the centre of Minsk, hosting 11 tables to play American Roulette, Black Jack, Poker (6 kinds): 5 Card Poker, 6 Card Poker, Russian Poker, Casino Texas Holdā€™em Poker, Casino Omaha Poker in the Main Hall and in the VIP hall. The casino was popular among high rollers.

Source: Latest News on European Gaming Media Network

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Belarus

Belarus proposes anti-money-laundering amendments in gambling law

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Belarus proposes anti-money-laundering amendments in gambling lawReading Time: 1 minute

Tax and Duties Ministry of Belarus has prepared a new draft legislation to amend the existing gambling law in the country. The draft has been submitted for public discussion and approval.

The document is mainly aimed at preventing the intentional or unintentional involvement of gambling operators in the activities of money laundering, terrorist financing and the proliferation of weapons of mass destruction.

Taking into account legalisation of online casinos in Belarus starting from April 2019, the draft resolution expands and clarifies the list of criteria for identifying suspicious financial transactions. These include depositing a financial transaction by a participant for three months or more in a gaming account without actual participation in gambling, as well as incompatibility of financial transactions with the sources and amounts of his income or the economic situation in the country.

The draft document also spells out internal control rules for the casino operators.

Source: Latest News on European Gaming Media Network

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Belarus

Gambling companies in Belarus raise concern against $ 1 Million Security Deposit

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Gambling companies in BelarusReading Time: 1 minute

The government of Belarus has recently proposed a mandatory $1 Million security deposit for online gambling companies. The online gambling operators fear that this will adversely affect their business.

While this is not a new thing ā€“ Italy requires a guarantee of ā‚¬ 1.5 million and Czech Republic requires ā‚¬ 1.1 million ā€“ this obligation could be problematic in Belarus, feel industry insiders.

Yulia Leshkova, Deputy Director of the Pari-Match betting network, said:Ā  ā€œNot all bookmakers in Belarus can afford to create a similar security deposit. Tightening the requirements will lead to a narrowing of the market and will deprive it of healthy competition.ā€

The governments insist on a security deposit for the simple reason that the gambling operators must be able to, regardless of financial circumstances, to pay the winnings, taxes, fees and duties, penalties and other mandatory payments. The guarantee is required to ensure such mandatory payments.

However, the hefty sum required as guarantee in Belarus, according to representatives of the industry, will negatively affect the countryā€™s bookmaking market.

Source: Latest News on European Gaming Media Network

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