πŸ€‘ Eastern European Gaming Summit | Casino Journal

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This brief guide is designed to help casino game developers and operators understand the status of gambling in Eastern Europe.


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EEGS is the annual gaming conference, which keeps you on track with the latest regulatory and technological developments in Eastern Europe.


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The Central and Eastern European Gaming Conference and Awards (CEEGC & CEEG Awards) has been launched in with the aim of bringing together.


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Eastern European Gaming Summit (EEGS) is the most prestigious forum in Eastern Europe that gathers representatives of international organizations from the.


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This guidance on gambling regulation in Eastern European countries will help operators and game developers to find out about their.


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European Gaming Media and Events is a leading media and boutique event organizer in the European Union with a monthly reach of +50, readers. The official.


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EGR Online Gambling Briefing - Central and Eastern Europe Bringing together leading experts from the European gaming market for networking and.


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Eastern European countries have discovered the high potential of online gambling and are now taking steps to become part of the global.


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A glance at Eastern Europe's gaming industry

Internet gambling operations in Latvia were unregulated until In , the iGaming market has been regulated and laws were passed in order to allow this activity. Though the state authorities allowed foreign based operators to run iGaming activities in the country without a licence for a number of years, at this moment there are plans to start issuing licences and block those operators that lack one. The Bulgarian authorities decided to introduce gambling legislation in to allow taxation of gaming sites. To make life easier for international operators, from they were no longer required to keep the servers in the country. At present, the following gaming activities are regulated: sports betting, lottery state monopoly and horse racing betting. At this moment, main players in the iGaming market from Montenegro can access licensing, financial and hosting services. In Moldova, online gambling is legal and the citizens can access local and foreign gambling websites. The European gambling industry is going through a period of change and an increasing number of countries throughout the Old Continent are adopting and enforcing gambling legislations. Nevertheless, the gaming legislation does not mention Internet gambling and prohibits these activities without taking any real steps to enforce them. Though the laws against online gaming are more than clear, it is unlikely Russian citizens will be brought into justice. Though it was legal before , there was no institution that could grant gaming licences to operators. As soon as the market was regulated, the authorities started blocking gambling sites without licence by various means. Online gambling activities are banned in the country and authorities take steps to block and punish those citizens that access those websites. From that moment, all gambling websites that offer services to Latvian players have to be licensed and pay tax on revenues. Though foreign gaming operators are banned from entering Hungary, the ban is ignored by many gaming sites that continue to offer gambling services to Hungarians. In Russia, the iGaming business operations are banned. Croatia After gaining access to the European market in , the country took steps to adapt to the European gaming legislation. Slovenia has become an independent country after and in the , the Slovenian Gaming Act appeared in order to control the land based gambling activities. Interested gambling operators that want to enter Ukraine to open online business are still far from being protected by a clear gaming legislation in this area. The main regulatory body in the country that issues licences is the Lotteries and Gambling Supervisory Inspection. EveryMatrix is proactively assessing acquiring additional licences to access regulated markets. Since over 17 companies have been licensed to offer gambling services in the country. Every operator acknowledges that obtaining a gambling licence is an important element to secure in order to access a particular jurisdiction, but for major suppliers it is also an important aspect of their activities, since gaming software needs to respect local demands. Unfortunately, online gambling is not at this moment regulated and operators are not able to obtain a gaming licence. Estonia started imposing online gaming regulations in The two main laws that control online gaming in the country are the Gambling Act and the Gambling Tax Act. Now, there are two casinos, two lottery operators and a high number of sports betting shops. In reality, foreign operators are already delivering online gambling services in Slovenia and there are no real measures imposed to stop this activity right now. The same year they introduced the Bulgarian Gambling Reform Bill, which lowered the financial demands in order to attract more online gaming operations. According to the present law, gambling licences for online sportsbooks are granted for a period of 6 years and only to the businesses that are based in the country. Bulgaria The Bulgarian authorities decided to introduce gambling legislation in to allow taxation of gaming sites. Belarus Online gambling activities are illegal in the country and starting January , the authorities made it illegal for the citizens to access foreign gambling websites. Romanian authorities tried to impose online gambling sites share some investment in land-based casinos, but the European Commission intervened and gamblers in Romania were able to access foreign online gambling sites. Recent developments have indicated that change is a permanent constant in the world of gambling. The latest changes that occurred in the legislation require online operators to establish a physical office in Lithuania and to have as partner a local land-based gambling operator. For this reason, every player in the industry should stay up-to-date with the latest legislative developments in the targeted countries and be aware that changes in this field occur all the time. Presently, the following gaming activities are regulated: sports betting, horse race betting, poker, casino, bingo and lottery state monopoly. The laws were further reinforced with additional details in They were intended to provide operators with permission to obtain a gambling licence in Bulgaria and run their gambling activities legally. In Albania, gaming legislation allows casino gaming activities from the beginning of The current gaming laws regulating the market in Albania allow a limited form of gambling for sports betting, national lottery and certain types of casinos. The following gaming activities are regulated: sports betting, horse race betting, poker, casino, bingo and lottery state monopoly. In , the government started to create a regulated iGaming market in a partnership with Casinos Austria to launch the state-controlled company that offers sports betting, poker and lottery. International operators can apply for licences that are necessary for sportsbooks, live casinos, poker and card games. There is a state-controlled lottery which allows gamblers to place bets. The laws were enforced at the beginning of by the Latvia Lotteries and Gambling Supervision Inspection authority and a number of actions to block blacklisted gambling websites took place. Nevertheless, the law is not enforced and the foreign gambling sites can be accessed by anyone in the Czech Republic. The emerging online gambling industry in Eastern Europe attracts large interest and consistent financial investment from suppliers and operators throughout the industry and despite the fragmented nature of the national territories and the various local jurisdictions set in place, the high potential available in the region offers interesting opportunities. At the beginning of , there was an unsuccessful attempt to block foreign based online gambling websites. Authorities took the step to impose heavy taxes in by granting gambling licences, only to meet strong opposition from business operators. To access the Romanian market and offer betting services, all online gaming operators need to secure a gambling licence from the National Gaming Office. Russian citizens used to place bets on foreign gaming websites, but now there are increasing demands from authorities to block the websites. The main body that regulates the industry is the Games of Chance Administration. Gaming legislation is necessary before any change takes place, though state authorities are optimistic about the future increases in budget revenues. Though initially only Estonian operators were allowed on the market, starting with authorities opened the market to international gaming businesses. At this moment, foreign online gambling operators are not allowed to offer gaming services to the Czech citizens. Up to , online gambling was not regulated in Serbia and black market activities were on the rise. Under increasing pressure from the European Commission that usually focuses on protecting the interests of the European Union as a whole, there are open talks to open the Polish gaming market in the future. Online gambling is very popular in Macedonia and the state authorities revealed a number of measures and plans to create a monopoly over online gambling services. Bosnia and Herzegovina Online gambling activities are regulated in Bosnia and Herzegovina, including casino games, sports betting and national lottery. Online betting services were legalized in and the same Games of Chance Administration institution imposes laws that were meant to attract and help investors in the industry. This change affects the European industry and forces a major shift in mentality, where operators, suppliers and regulators need to cooperate in order to develop their businesses. Nevertheless, in spite of hefty penalties against operators that offer illegal gaming options to the Polish citizens, there are few real actions against them. Online gaming activities have been regulated in , by creating a National Gaming Office. Montenegro became an independent state in and from the start, the authorities have decided to make gambling legal. To stop this negative evolution of the market, gaming laws need to be implemented as soon as possible. Moldova In Moldova, online gambling is legal and the citizens can access local and foreign gambling websites.{/INSERTKEYS}{/PARAGRAPH} Still, there is a national state-controlled lottery available online that offers gambling services. We have to indicate that changes in the above mentioned countries continue to take place on a constant basis and interested parties should always check for the latest developments in the targeted jurisdictions. Still, there should be noticed the government did not grant any licences to operators in the country. At this moment, to run an online gaming business in Estonia, an operator needs two licences. Online gambling activities are regulated in Bosnia and Herzegovina, including casino games, sports betting and national lottery. The Hungarian authorities consider according two gambling licences to existing land-based casinos, which is not enough considering the larger number of foreign iGaming operators that want to enter the Hungarian market. Online gambling activities are illegal in the country and starting January , the authorities made it illegal for the citizens to access foreign gambling websites. As new countries regulate and approve online gambling activities in Europe, all major software suppliers need to adapt and conform to the local regulatory frameworks from the targeted countries. Throughout the s, esports β€” or competitive video gaming β€” have evolved into a multibillion-dollar industry, and all predictions In the difficult context of sports events being cancelled across the world in early March , Virtual Sports are Before stepping in We are very excited to plunge into a new decade and at its very beginning, The key for us as a true B2B iGaming software provider is to help gaming operators implement bold ideas and unleash unlimited creativity. As of today, the following gaming activities are regulated: sports betting, horse race betting, poker, casino, bingo and lottery state monopoly. {PARAGRAPH}{INSERTKEYS}Eastern European countries have discovered the high potential of online gambling and are now taking steps to become part of the global iGaming industry. Gambling Supervisory Authority in Lithuania has launched a series of talks in the country to legalize and regulate Internet gambling activities. Macedonia Online gambling is very popular in Macedonia and the state authorities revealed a number of measures and plans to create a monopoly over online gambling services. The Macedonian iGaming market monopoly has drawn attention from the European Commission and its gaming legislation is yet to be analyzed. Right now, any international operator in the European Union can apply for a licence to access the Bulgarian market. Since the law requires gambling sites to have an actual presence in the country, a high number of websites have been closed down. Gaming legislation in Eastern Europe Recent developments have indicated that change is a permanent constant in the world of gambling. The online gambling market in Poland was unregulated up to , when a series of corruption scandals affected the political sphere and legal demands were forced into action. The following gaming activities are regulated: sports betting, horse race betting, poker, casino, bingo and lottery. In , the government announced that it will launch a state-run gaming portal that it would start issuing licences for operators that are based in the country. Two laws related to online gaming were passed in and , which practically set a ban on all gambling activities, except for sports betting businesses. From a legal point of view, online gambling activities are allowed in Slovakia. Estonia Estonia started imposing online gaming regulations in Latvia Internet gambling operations in Latvia were unregulated until Lithuania Since over 17 companies have been licensed to offer gambling services in the country. For the following years, there are plans to introduce a new Czech lottery law that will protect players from gambling addiction and finally open the internal market to international gambling operators, though high taxes for the offered licences should be expected. From technological advances to new legislative measures in the entire European space, the Eastern part of the continent is soon to follow in keeping up with the increasing pace of online gambling development. After gaining access to the European market in , the country took steps to adapt to the European gaming legislation.