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Slovakia’s new legislation aims to ease online restrictions

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The countries online gaming sector greets the Slovak government’s new proposal for a regulated market which could be implemented in 2019.

Slovakia aims to replace the current legislation with a new one which could open up the market for private operators from March 1, 2019. The new legislation is set to mirror the neighbouring countries positive realizations in the field.

The now submitted legislation has a three-month period of standstill as the European Commission examines whether it is constitutional.

The new law is a significant change for Slovakia, which has black-listed more than 200 gambling domains – including household names such as Bet365 and 888 – since a previous bill was passed in 2016. Currently, online casino and poker activity remains the sole responsibility of the state-owned TIPOS national lottery.

“The state began blocking illegal companies. But that was only the first step. Now comes the second, clear rules for everyone – anyone who wants to offer online casino games will be able to do so if they meet the prescribed conditions,” said Peter Papanek, head of the Association of Betting Companies of the Slovak Republic, according to Sport Aktuality.

“Experience from abroad shows that, if the state wants to intervene against tax evasion and illegal gambling, it must go through the liberalisation of the market and the setting of fair conditions, inter alia, to motivate operators to operate legally.

“Illegal companies thus lose the incentive to circumvent the rules, and the state, in addition to income, also gains the certainty of consumer protection. The countries that have been chosen liberalisation have rapidly reduced the share of the black market.”

In its submission, Slovakia’s Ministry of Finance, which will have responsibility for gambling, said it wants to “relax restrictions on access to the internet gambling market”. Companies with a base in Slovakia or another EU state are able to apply for a licence.

A new Regulatory Office for Gambling is proposed in order to centralise activities in the gambling sector. With the exception of legislation, the office’s scope would cover all activities related to the gambling sector, in particular licensing, supervision, imposing sanctions and the administration of fees.

Online operators would pay a 23% tax rate under the new regime, with various operational charges.

The Slovakian authorities said they were inspired by European countries that have introduced new regulated gambling frameworks in recent years such as Denmark, Sweden, Romania and the Czech Republic.

“[The draft act] would take technological progress and the findings of regulatory authorities in other European countries into account more fully, while simultaneously improving the protection of players from possible harmful effects directly related to services provided in this sector,” the Ministry said in a statement.

The Ministry explained that operators would need to provide the newly created regulatory authority with access to a server so that it can have oversight of data.

Source: igamingbusiness.com

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George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Hero Esports Announces Venues for ACL Grand Finals 2025

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Hero Esports, an industry leader and the largest esports company in Asia, has announced its championship venues for the Asian Champions League (ACL) Grand Finals 2025 taking place May 16-18 in Shanghai. The landmark event will transform three of the city’s most iconic venues into battlegrounds for nine premier esports titles, cementing Shanghai’s status as the global esports capital.

The tournament is expected to attract 80,000+ live attendees across three venues, with global broadcasts reaching millions via Twitch, YouTube and TikTok. Participating teams will be competing for a total prize pool of $2 million. Selected ACL winners will earn direct entry to the Esports World Cup in Riyadh, Saudi Arabia—the largest esports event in history due to take place from July to August.

“Shanghai’s selection as our host city reflects its unmatched esports infrastructure and passionate community. By combining elite competition with DreamHack’s festival energy, we’re creating a new blueprint for global esports events,” said Jonny Wang, CEO of ACL.

“This is Hero Esports’ most ambitious project to date. The ACL bridges Asian talents with the world stage while delivering unforgettable fan experiences through cutting-edge production,” said Danny Tang, Co-Founder & CEO of Hero Esports.

The post Hero Esports Announces Venues for ACL Grand Finals 2025 appeared first on European Gaming Industry News.

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Wunderino unveils OKTO.CASH in Germany

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Wunderino, a market leader in the virtual slots games market, has launched OKTO.CASH, the fast and secure cash-to-digital payment solution of OKTO. This collaboration marks a significant step for the payment provider, strengthening its footprint in the German market and bolstering its status as a frontrunner in cash-to-digital payments across Europe’s online igaming sector and beyond.

By integrating OKTO.CASH, Wunderino aims to accommodate players who prefer cash transactions yet seek the convenience of online gaming experience. Through OKTO’s extensive network of over 14,000 retail outlets—including gas stations, Lotto locations, kiosks and convenience stores—users of Wunderino can now instantly deposit cash to their online Wunderino accounts. This streamlined approach delivers a fast, mobile-first, user-friendly and secure top-up method ideally suited to the needs of the German market.

Romain Guilbert, Head of Operations & Payment Product at Wunderino, said: “At Wunderino, we continually seek out payment solutions that enhance our players’ gaming experience. By introducing OKTO.CASH, our users can deposit cash at familiar retail locations, giving them more flexibility and control. In a fast-paced and competitive environment, offering cutting-edge, mobile-first options is vital. OKTO’s strong track record in digital payments internationally made them the perfect partner, and we’re excited to add this new cash-to-digital payment method.”

Mikhail Ovsepyan, Head of DACH at OKTO, said: “OKTO has built its reputation on delivering payment solutions that meet the needs of modern, mobile-centric players who value speed, security, and simplicity. Our embedded payment technology fully integrates with Wunderino’s platform, allowing instant deposits without users ever leaving the app or site. It’s the ideal solution for those wanting the benefits of digital while still using cash. We’re delighted to partner with Wunderino, and this collaboration signals our commitment to driving innovation in iGaming payments and beyond.”

The post Wunderino unveils OKTO.CASH in Germany appeared first on European Gaming Industry News.

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Helma Lodders Steps Down as Chair of VNLOK

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Helma Lodders, who has held the position of chair at the Licensed Dutch Online Gaming Providers (VNLOK) since its inception in 2021, has announced her decision to step down. Lodders’ term expires and she has chosen not to extend it. Current board member Björn Fuchs was unanimously elected as the new chair on the recommendation of the board. He will combine this role with his employment as Chief Digital Officer at Fair Play Casino.

In the run-up to the opening of the online gambling market, Lodders helped shape the trade association. Under her leadership, VNLOK has grown into a reliable discussion partner for politics, government, media and social organisations involved in gambling policy. In addition to representing the interests of the members, her efforts have also helped to place the extensive illegal gambling market high on the political and social agenda.

Helma Lodders said: “Since the establishment of VNLOK, I have fulfilled the role of chairman with pleasure. It was a period of political and social turbulence. At the same time, I have always kept the goal in mind; to work on a safe, reliable and controllable market with the right care for vulnerable players. Now that my term is ending, the time has come to pass the baton. I thank my fellow directors for the trust they have placed in me and have every confidence in Björn Fuchs as my successor.”

Björn Fuchs said: “I regret the departure of Helma Lodders. The board is grateful for the way in which she has given substance to our association with her skills and strength in an honest manner. The board therefore expresses its appreciation for the efforts that Helma has made since the foundation.”

“I look forward to my new role as chairman of VNLOK with pride and confidence. I will get started with great enthusiasm and, together with the members, will commit myself to the importance of a well-regulated online gambling market,” Björn Fuchs said.

The post Helma Lodders Steps Down as Chair of VNLOK appeared first on European Gaming Industry News.

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