On Monday, the Hungarian National Assembly created a detailed legal set of rules for online casino gaming.
Erik Banki and later joining initiator Imre Iron, have managed to push the modification of the online gambling law to the Parliament were during the committee hearing transcripts of the modified gambling law the amending proposal was adopted by 126 votes against 65.
The legislation sets out the following terms: online sports betting can only be organized by the state-owned Szerencsejatekok Zrt. – except for horse race betting. The online betting on horse races can only be organized in wholly by state-owned Hungarian Horse Race Betting Organiser Ltd.
Distinct from online sportsbetting, the online casino games can only be organized by concession holder casinos operating in Hungary, which is can carry out the execution of online casino games by the concession company established by the gaming organization.
Initially, Erik Banki proposed that the national tax authority should allow up to two online casino and grant approval for their operation. By adopting the modified proposal and summarizing it, the proposal has now been changed to 11 concession holders, granting all casino concessions holders in Hungary to be entitled and be granted approval for the organization of online casino games.
Online casino licenses may be issued on a traditional casino license duration, meaning all granted licenses will be valid for 10 years.
The summary of the proposed amendments also made it clear that – the justifications of the amendments is that – the organization of online casino games is the partial right of the traditional casino gaming establishments.
The online casino games can exclusively accept associated IP addresses made available to players in Hungary. The game organizer must provide the IP address for the legal and compliance monitoring. The server of the organization should be located in an EEA State. The organizer has to offer the possibility of remote access to the server by the state tax authority and is obliged to ensure it continuously.
The amendment also includes that state tax authorities keeps a record of the online players and this record is only allowed to be viewed by the gaming operators.
In context with the modifications, it has also been confirmed that the game organizer is obliged to provide the player the possibility of use of a self-limiting measure, such as the determination of the maximum wager amount, the maximus loss amount and of course self-closing.
The amendments will come into force on the 1st of October 2015
The legal Hungarian document of the amendments can be viewed bellow:
Casino Technology announces Valentina Dobre as new Regional Director for Romania
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.
Two major announcements from BEGE Expo and EEGS: Mark your calendars
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
Habanero signs an outstanding deal with BBIN
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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