Belarus

Bitcoin Conference Minsk: brand manager of CASEXE Ivan Kondilenko will help find the approach to the Bitcoin-casino’s client

Published

9 years ago

October 8, 2015

Ivan Kondilenko, who is the brand manager of CASEXE creating innovative software for online gambling, will speak at the Bitcoin Conference Minsk. The event will take place in Minsk on October 14-15, 2015. More details here.

The theme of his report is “Portrait of a potential player of the Bitcoin-casino, its characteristics and needs.” The speaker will tell what the difference is between a client of the Bitcoin-casino and a “classic” player. He will also concern a matter of a legal status of online gambling. The experts will answer the questions about the market operation and announce his forecasts.

Ivan Kondilenko came to the sector of marketing 8 years ago; many brands entered the market due to his participation. Developing B2B and B2C products, he confidently claims: opening of the Bitcoin-casinos is one of the trends in the gaming industry. The brand manager of CASEXE will tell about this fact during his report.

CASEXE is an innovative company that develops software in the industry of online gambling.

The team’s mission is the development and promotion of gambling business with clearly spelled out code of conduct. Having vast experience of operation and adoption of innovative solutions, the company offers its software taking into account the needs of each client. One example is the CASEXE universal platform for online casino.

Do not miss an opportunity to listen to the speaker and to find out the success secret of the cryptocurrency in online gambling. Visit Bitcoin Conference Minsk on October 14-15, 2015 http://minsk.rgweek.ru/en .

Zoltan "Hawkie" Tundik

With an experience of over 8 years in the online gambling industry, as an affiliate, later affiliate manager and consultant, I consider myself a veteran of the industry and can guarantee that you will be served with the most accurate information.

Prague Gaming & TECH Summit 2025 (25-26 March)

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Belarus

Luxury casino in Belarus announces temporary shut down

Published

6 years ago

November 20, 2018

George Miller

Luxury casino in Belarus announces temporary shut down Reading 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 Hold’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

Belarus

Belarus proposes anti-money-laundering amendments in gambling law

Published

6 years ago

November 15, 2018

George Miller

Belarus proposes anti-money-laundering amendments in gambling law Reading 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

Belarus

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

Published

6 years ago

October 15, 2018

George Miller

Gambling companies in Belarus Reading 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 – Italy requires a guarantee of € 1.5 million and Czech Republic requires € 1.1 million – this obligation could be problematic in Belarus, feel industry insiders.

Yulia Leshkova, Deputy Director of the Pari-Match betting network, said: “Not 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.”

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 country’s bookmaking market.

Source: Latest News on European Gaming Media Network