Date Announced When the Cabinet Should Review the Resolution to Create the Gambling Regulator in Ukraine: News of the Week

Date Announced When the Cabinet Should Review the Resolution to Create the Gambling Regulator in Ukraine: News of the Week

When is the Ukrainian government planning to review the resolution to create a gambling regulator? What rules do online gambling operators have to follow in order to keep operating in the German market? What requirements to casino organizers were approved in Albania and how long will the poker tournament that started on GGPokerок last? Read about these and other news of the Ukrainian and global gambling market in the weekly digest.

The Cabinet of Ministers specified the preliminary terms of reviewing the resolution on the creation of the gambling regulator

This week, the government of Ukraine is planning to elaborate on the provisions of the resolution on the creation of the Commission for regulation of gambling and lotteries. It is planned to review this document at the next meeting of the Cabinet of Ministers. The Cabinet Minister Oleg Nemchinov told Ukrinform about it.

According to the politician, against the backdrop of quarantine restrictions in Ukraine, formation of the commission will supposedly take place based on selection rather than contest results. The representative of the government emphasized that it would take two months for the collegial body to start working.

According to the new gambling legislation, the specified commission will control the activity of gambling operators in Ukraine.

Player self-restriction registry launched in the Czech Republic

The player self-restriction registry started working on September 15, 2020. People included in the database will not be able to participate in gambling organized by the licensed Czech operators. They will have no possibility to visit land-based gambling facilities, play online, and create additional accounts on legal casino websites.

Residents of the Czech Republic will be able to add themselves to the registry. Third persons will be able to include the player in the database in case he or she undergoes anti-problem gambling treatment, is recognized bankrupt, or receives social benefits from the state.

Until December 20, all licensed gambling operators of the Czech Republic have to connect to the registry.

Transition period for online gambling operators approved in Germany

In Germany, heads of 16 federal lands entered into the agreement implying that online gambling operators that work in the unregulated market would get the permission to organize gambling under the condition that they would comply with the requirements of the gambling law that would come into effect on July 1, 2021.

According to the agreement, operators will have the right to offer customers such services as online slot games and poker, as well as sports betting.

In the transition period, gambling operators will have to adhere to the following rules, among others. The bet limit for online slots is €1. The reel of a slot machine must spin for at least 5 seconds. The maximum amount that a gambler can spend per month is €1,000. Besides, there are restrictions for sports betting.

New casinos may open in Albania

The government of Albania adopted two resolutions related to gambling. The first document expands the list of urban areas where gambling facilities can open.

The second document stipulates criteria intended to choose contest participants that apply for casino license. According to the resolution, only a stock company based in Albania can set up a gambling facility. The gambling license will be valid for 10 years and will cost 1 billion Albanian leks. Besides, gambling companies will be obliged to connect to the monitoring system, keep account of all customers and store data for three years.

Previously, Albania adopted amendments to the law on gambling that restricted gambling activity. As a result, just several casinos remained in the country, based in Tirana. Thanks to the new government resolutions, the number of gambling facilities may increase.

GGSOP poker tournament series started on GGPokerок

On September 12, GGPokerок poker room started the Good Game Series of Poker (GGSOP) series intended for low and medium-limit players. The overall guarantee of the GGSOP is $6.5 million.

The event will include 54 tournaments with buy-ins from $2.5 to $50. However, in certain games, the buy-in can reach $150.

The tournament series will last until September 27. Based on GGSOP results, 100 players of the leader board that received the biggest number of points will share the prize fund of $100,000.

You can read more about the current events in the gambling industry in the “News” section >>>


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