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Switzerland’s upcoming referendum about the online gambling industry will be presented by Dr. Simon Planzer at Prague Gaming Summit 2018

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Prague – 23 February 2018 – The second edition of Prague Gaming Summit will include a wide range topics and compliance updates from various countries in the region and we are adding a new topic in the panel discussion for the event which will take place on the 29th of March at Andel’s by Vienna House Prague.

Besides the compliance updates and opportunities of the Czech, Polish, Slovak, Slovenian and Austriand markets, the event will also feature a presentation of the highly awaited referendum in Switzerland.

On September 29, 2017 the Swiss Parliament passed a revised gambling law entitled the Money Gaming Act. The Act unites Switzerland’s existing acts on casino games and betting/lotteries into a single Act. The new Act equally lifted the current online gambling ban, however only operators of licensed casinos (type A and B) may qualify to apply for an additional online casino license. The new Money Gaming Act therefore provides the possibility to block access to foreign online gambling websites to Swiss citizens.

Despite not being strictly prohibited, online gambling was technically illegal under current legislation but international operators were able to target local players. However, the new law ends that and formally legalises online gambling, but bars international companies from operating within the country.

Therefore, internet service providers will be obliged to block access to international gambling operators’ websites and the Swiss government will provide compensation for any expense it may provoke.

In spite of clearly passing the parliament, the new legislation was challenged by the youth organisations of the Swiss People’s Party, the Free Democratic Party and the Green Liberal Party. They wanted to organize a referendum against blocking international operators which needed to gather 50k signatures in 100 days in order to even take place.

On January 18, 2018 the required number of signatures were finally submitted. Therefore, a public referendum concerning the Money Gaming Act will take place on June 10, 2018.

If the Swiss electorate accepts the act by referendum, the new Gaming Act will remain unchanged and come into force during 2019. In the other hand, the parliament will have to pass a revised new Gaming Act, delaying the process of implementation

The latest topic announcement comes along with the announcement of a new speaker who will join the “Focus on Slovakia, Slovenia, Switzerland and Austria” panel discussion and will give the inside information about the Swiss market and the upcoming referendum.

Dr. Simon Planzer(Planzer Law)

Partner at PLANZER LAW

The Zurich-based gaming law boutique PLANZER LAW provides strategic, regulatory and legal advice to stakeholders across all areas of the gaming industry. The firm’s primary focus is on EU/EEA gaming law, compliance issues such as AML as well as Swiss gaming law and related commercial, corporate and financial matters.

Simon is General Member of the International Masters of Gaming Law. An alumnus of the College of Europe, he specialised early on in EU affairs and gaming law, working at the EFTA Court, the legal service of the EFTA Secretariat and as research fellow in European business law.

Simon is the author of the monograph (PhD) ‘Empirical Views on European Gambling Law and Addiction’(2014) and the book chapter ‘Gambling Law’ in The Handbook of EEA Law (2016), both published by Springer International Publishing. Simon also works as a Lecturer in Law at the University of St.Gallen where he teaches European Economic Law. He studied and did research i.a. at Harvard University, the College of Europe and the European University Institute.

More speaker profiles will be releases soon, but you may want to check the already confirmed line-up of speakers and register in time. The event is limited to 125 seats.

Make sure you register in order to get a chance to networking with the representatives of Fortuna Group Entertainment, Sazka, Superbet, NetEnt, Cubits, Payout s.r.o., Nmi Gaming, Data Bet, Pangea Localization Services, PMU, BMM Testlabs, ROMBET, All-In Translations, Trustly, Betgenius, Endorphina and much more.

Visit the official website of the event for more details: https://praguegamingsummit.com/

To hear more about the subjects and meet Simon in person, make sure you register and attend Prague Gaming Summit 2018, held on the 29th of March at Andel’s by Vienna House Prague.


Source: European Gaming Media and Events

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Russian Online Casinos Supply the Donbass Separatists

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Russian Online Casinos Supply the Donbass SeparatistsReading Time: 1 minute

Pro-Russian separatist groups of the Donbass War (Eastern Ukraine) receive material funds from illegal gambling business, states a recent article published in the Russian Sobesednik magazine. According to article, part of the illegal profits of the online casinos is used to finance the ongoing conflict in Ukraine.

As reported by GC Alor analysts, the black turnover of these Russian online casinos is around 200 billion RUR (2,725,065,200.00 Euro). The Majority of these online casinos are registered in foreign administrations, like Azino777 being registered in Curacao.

As experts say, many online casinos are physically based in Ukraine, where the legislation is slightly more loyal than Russian. It is allowed, for example, to develop gaming software for third-party customers. Lucky Labs company, which is linked to the online casino “Vulcan”, operates in Ukraine as software developer.

According to the Security Service of Ukraine, which conducted searches at the office of the company lately, Lacky Labs also controls the websites of CasinoX and Joycasino. The company’s office is big. It is a 4-storey building designed for 150 people. There is also a basement area where there is a kitchen and a dining room, a gym.

Lucky Labs was founded by two Russians. Because of the sanctions imposed by the President of Ukraine Petro Poroshenko, now they are not allowed to enter the country. However, Lucky Labs continues to exist. Now the company is registered by an Ukrainian citizen.

If some of the profits of illegal online casino go to pro-Russian patriotic purposes, it becomes clear why Roskomnadzor does not block their Internet addresses. The correspondent of “Sobesednik” managed to access the mentioned online casinos without any obstacles, using no VPN or “mirrors”.

 

Source: sobesednik.ru


Source: European Gaming Media and Events

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Play’n GO ‘Slots’ Into 1st Place!

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Play'n GO 'Slots' Into 1st Place!Reading Time: 2 minutes

Company celebrates EGR victory with Slot Provider of the Year Award

 

June 22, 2018 – Play’n GO were honoured at the EGR B2B Awards on Wednesday (20thJune) as they took home the highly coveted Slot Provider of the Year Award, beating out some strong competition.

The awards, held in London’s prestigious Hurlingham Club, “celebrates and rewards the very best service suppliers in the online gaming industry” and Play’n GO were honoured to have been nominated in numerous categories including Innovation in Mobile and Best Multi-Channel Supplier.

Play’n GO were recognised for their remarkable offerings in the slot market over the past year including innovative games such as Viking Runecraft, Sweet Alchemy and Moon Princessas well as many other popular titles.

CEO Johan Törnqvist was delighted to pick up the win, and believes it is a reflection of the company’s hard work.

“It’s an honour to pick up such a sought-after award, especially with the level of competition in the category. As a company we work hard to put out the finest, most entertaining, offering to our partners in the market, and winning this award is a testament to that. We have consistently been recognised in the industry for the innovative products we release and it’s our job not to rest on our laurels, but to continue innovating”

 

About Play’n GO

Play’n GO is an award-winning supplier of high quality gaming content to many of the world’s leading casino brands.  Its genuine omni-channel solution can be tailored to suit the needs of individual online and land-based partners, regardless of geographical, regulatory, or market-specific requirements. Its games are developed in HTML5 to provide an enhanced user experience on all devices and operating systems. These are complemented by superior back-office administration tools which provide expansive reporting and marketing capabilities, ensuring operators are equipped to provide the ultimate gaming experience. The supplier’s extensive portfolio was recently recognised by the award of the IGA Slot Provider of the Year 2017 title. Play’n GO currently hold offices in Sweden, Malta, Hungary, and the UK. Please visit http://www.playngo.com for more details.


Source: European Gaming Media and Events

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Poland: Accepted Changes In Taxes, Including Gambling

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Poland: Accepted Changes In Taxes, Including GamblingReading Time: 1 minute

Poland’s lower house (Sejm) has voted down five Senate amendments to a comprehensive amendment to several tax bills, including gambling.

The adopted amendments may be applied retroactively, which is to the income earned from January 1 2018.
Gamblers will be treated in a uniform manner after the changes.

Adopted by the Sejm on May 10th of this year extensive amendment to the Personal Income Tax Act (PIT), the Corporate Income Tax Act (CIT) and the Act on flat-rate income tax on certain revenues earned by natural persons; that all winnings on machines will be exempt from PIT, the tax relief for creators will be extended to the next creative professions, the real estate income tax will be larger. This applies to provisions adopted last autumn and effective from January 1st 2018.

Unlike the regulations adopted in autumn, the amendment assumes for example, that participants of legal gambling will be treated in a uniform manner. Regardless of whether the games are organized by casino operators or a company performing a state monopoly in this area, which would be Totalizator Sportowy. In line with the provisions changed by the Sejm and approved by the Senate on Thursday, winnings in slot machine games, card games, dice games and cylindrical games – regardless of which legally operating entities organize them – will be exempt from personal income tax.

In the remaining scope, the rules of taxing winnings (in numerical games, cash lotteries, mutual bets, etc.) are to remain unchanged in relation to the provisions currently in force. Pursuant to the amendment of October 27th 2017, winnings in gambling are subject to a l0% PIT tax on winning if their one-time value of winning exceeds PLN 2,280 (528 Euro).


Source: European Gaming Media and Events

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