EEG Reports

Albania government looking to revise the law on gambling

Albanian Minister of Finance Shkelqim Cani said Wednesday that the country’s parliamentary committee has started discussing new changes to the gambling law, which aims to fight economic irregularities and fiscal evasion.

According to the new changes, casinos will be located outside cities and only in certain tourist areas and they will be obliged to register all the players.

Meanwhile, a person may be banned from entering the casinos if his or her family makes a request.

“Each casino will have its register of players, which will be located far away from education institutions and religious communities,” Cani said.

Another important change is that the taxation for the licensing of casinos will vary from 400,000 lek (some $3,105) to 1 billion lek ($7.76 million) based on the activity of casinos.

Through the changes, Albania aims to reduce irregularities in this sector, improve the regulatory framework by implementing an online monitoring system for casinos by 2016 and reduce negative effects of gambling on the society.

Source: Global Times China

To refine your bio for the EEG (Expertise & Evolution Gaming) era, we should lean into your role as an Architect of the Intelligence Hub. This version emphasizes your leadership in the "Expertise & Evolution" movement while maintaining…

Related Posts

Binary options in East Europe

Binary options are a bit like Newton’s third law of motion. The concept is the same: every action has an equal and opposite reaction. The theorem sounds easy to the ears; but between the ears, it gets tough. The same is the…

Load More Posts Loading...No More Posts.

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.