EEG Reports
Online gambling act modifications to legalize to Hungarian market were debated yesterday in the Hungarian Parliament
Banki Erik, FIDESZ member and the presenter of the online gambling act modifications revealed the following: his proposal focuses on the online gambling market, and the clean up in the organizing of remote gambling activities. Within the meaning of his motions, only organisations that have a valid license which empowers them to organize casino games, would be able to operate legally in the Hungarian online gambling market.
This declaration comes as an explanation for the modifications that were proposed at the meeting held yesterday(23.04.2015) in the Hungarian Parliament, at which the opposition accused that these modification are meant for only two benefitors which already hold legal licenses and are members of FIDESZ. The two license holders are Andy Vajna and Szima Gabor.
Andy Vajna
Szima Gabor
The modifications target online gambling operators that still accept Hungarian players and are accessible from the territory of Hungary by the players.he only online gambling activities that will be allowed must have a Hungarian IP and have a license to operate, added the politician.
This measure comes to bring back the loss gained from the “black” market. Based on the Hungarian Ministry of Economy, the modification and restrictions would bring a rise of 20-25% to the already active 40 Billion Hungarian Forint(around 13 Billion Euros) income taxes generated by the current law.
The Minister of the Hungarian National Economy Ministry, Mr. Tallai Andras declared that the government agrees with the discussion of the modifications and the parliament should take the modification into consideration. He also indicated that this is a technical modification to the current law and the European Commission should be notified of the changes. This way the final vote regarding the changes can be held within 3 months.
However, the changes in the law were not received well by the opposing parties, each of them accusing the amendments politically and acussing of course that this will bring more wealth to the mentioned license holders.
We are not going to add the comments because it’s plain silly what the politicians were saying and commenting from sides of MSZP, Jobbik and LMP. This is a sign that there is a highly competitive opposition in Hungary against the governing party FIDESZ and that doesn’t relate to the modifications and the regulation of the online gambling market. It is just an ugly approach by the opposing parties and we condemn it. The legal online gambling Act. should not focus on how to accuse to opposing party with political allegations, it should focus on a greater and more team spirited cause to finally legalize Hungary’s online gambling market.
The debate was intense and Hiller Istvan, the chairman of the Parliament, had to step in to stop the over heated argument’s. Banki Erik stated that during the debate, none of the opposing parties speakers were really interested in the changes, they just had the chance to throw something against us.
He added that on the Hungarian gambling market there is only one player and that is the Szerencsejatek Zrt., the government-owned organization, and there are only foreign online gambling operators that accept Hungarian players illegally. The modifications were meant to eradicate this presence of foreign operators and would give a chance to Hungarian companies to get involved and attract revenues, benefiting the state from the income taxes.
Mr. Banki also added that the changes aren’t meant to benefit any individuals already involved in the gambling activity and are part of FIDESZ, doesn’t aim a change to the status of the Szerencsejatekok Zrt.’s already highly debated monopoly over the Hungarian gambling market and he hasn’t been bought by anybody, accusing the socialist opposition about the clearance of the VAT from local licenses was their decision.
Gaming equipment manufacturer Casino Technology has announced a new appointment for Romania to further strengthen the company’s management.
Following its steady plan for continuous market growth, the company named Valentina Dobre as Regional Director for Romania as of 1st of August 2017.
The company claims with Mrs Dobre’s profound expertise, professional background and in-depth knowledge of the gaming industry in the country, she became part of Casino Technology team, ready to implement the overall corporate strategy.
Valentina Dobre commented: “I am honored to accept this position and be part of the high level management team of Casino Technology. I will pursue actively further company positioning and growth on the Romanian market. Casino Technology has been on the country’s market for over 10 years and proved to be leader, having maintained trusted partnerships with local operators and customers.”
Casino Technology stated that Mrs Dobre’s background as Member of the Board of Directors at Romslot Association, Bucharest will additionally increase the Casino Technology market share.
“Valentina Dobre is an important appointment as she brings extensive knowledge of the market, that will help us boost even more our presence in Romania. She will have a crucial role in our further expansion, launching successfully our new line products on the market”, concluded Milo Borissov, Founder, President and CEO of Casino Technology.
The Balkan Entertainment & Gaming Expo (BEGE Expo) and the Eastern European Gaming Summit (EEGS) celebrate their 10th anniversary this year. Due to the big interest for both events the organizers made two major announcements – BEGE will outspread in one more hall and EEGS will start one day earlier than the announced date.
Over 50 leading companies from the industry have already confirmed their presence for BEGE Expo 2017. Well-known leading manufacturers, amongst them being Novomatic, Casino Technology, EGT, Suzohapp, BetConstruct, Interblock, Merkur Gaming, APEX, Alfastreet Trade, Nsoft, JPL and CPI, as well as new participants, such as the leading sports betting company Bet3000 (IBA-Entertainment Ltd.), EXEFEED, Quixant, Zitro, Change Italia s.r.l., Gamebridge Casino Equipment, JCM Europe GmbH, nano Vo sp. Z o.o., Berkotech Kft. and others will exhibit their latest solutions at this year’s BEGE. The great interest for the event forced the opening of new hall, thus making the 10th edition of BEGE Expo the biggest so far.
The registration is already open so you wouldn’t want to miss the chance to register.
Another newness that BEGE Expo 2017 will present is the special Affiliate zone. Following the expansion of the online business in the region, this year the exhibiton will create space for online operators and affiliates from the region to interact and create business partnerships. Affiliate program providers will be able to book their own space in the zone and all affiliates will be admitted for free.
EEGS also promises to reach new heights this year. Reschedule your calendars, because EEGS 2017 will start on 20th of November – one day earlier than intended. This year’s EEGS will continue to follow its main aim – to present the most recent updates from the region, including the countries Serbia, Romania, Greece, Bulgaria, Albania, Slovenia, Montenegro, F.Y.R of Macedonia, the Czech Republic, Slovakia, Poland, Turkey and Croatia.
Separate sessions will be dedicated to Sport Challenges, Impact on gaming operators by Anti-Money Laundering Act, GDPR and online gaming. Day 3 will be focused on Tourism & Gaming, Responsible Gaming Academy and marketing topics.
BEGE Expo and EEGS have gradually established as a center for the gaming and entertainment industry in Eastern Europe and for 10th year in a row will be the place where professionals from the field come in order to expand their business, exchange knowledge and promote new products. For any updates you may follow the official websites of the events: eegamingsummit.com and balkangamingexpo.com
A new partnership agreement will see content from quality slots and table games developer Habanero go live with the BBIN Group.
Under the agreement, the supplier will give the software company access to its complete product portfolio of HTML5 games for all of its white label sites.
Recent releases from Habanero, including Fire Rooster, Bird of Thunder, and Panda Panda, have also been made available to the aggregator.
Daniel Long, Head of Sales at Habanero, said the deal was a game-changer for the supplier and one of the company’s most important to date.
He added: “By partnering with BBIN, we have significantly expanded our presence around the world, which means even more players will be able to enjoy our games.
“Many of them will be a natural fit with BBIN’s customers, but it is the diversity and variety of content that will appeal the most.”
Habanero operates a stable of 75 video slots titles, 9 table games, and 50 video poker titles, which are integrated into over 45 operators and aggregators and available in 21 European and Asian languages.
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