Serbia Gambling Law

1. Serbia Gambling Law Philippines
2. Serbia Gambling Law Changes
3. Serbia Gambling Law 2020
4. Serbia Gambling Laws

Serbia adopted a new gambling law on November 22. The law aims to reduce the number of illegal operators and tackle the problem of money laundering associated with the industry.

Early Regulation and Changes in Serbia After the Yugoslav states separated in the 1990s, Serbia continued to keep the 1964 laws applied to all forms of gambling. This meant operators had to first gain a license from the government which quickly led to gambling becoming a state run operation.

The new law has been welcomed by the trade association JAKTA, who met with the Serbian Gaming Board the day after the legislation was passed. “We are very optimistic,' said JAKTA president Mirjana Acimovic. “We can see that our conscientious work in gathering the relevant facts about gaming markets in the former Yugoslavia and the rest of Europe has been worthwhile. We compared different national regulatory models and collaborated with relevant partners such as testing laboratories, reputable companies and associations. JAKTA put a lot of effort into lobbying the government for the creation of a well-regulated gaming market.”

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“The new law will lead to the opening up of the online gaming market,” said the director of the Serbian Gaming Board, Aleksandar Vulovic, adding: “There are three really important things that have been passed in this law.” According to Vulovic, the first and most important is controlling online gaming, the second is the electronic monitoring of operators and the third is the streamlining of taxation for the industry.

Legitimate gaming operators in Serbia have found it increasingly difficult to compete with the massive black market in the past five years. The Gaming Board is now planning to crack down hard on illegal operators who are believed to outnumber their law-abiding counterparts two to one. The Gaming Board will have the backing of the Ministry of Internal Affairs to achieve this and the tax authorities will enforce the law in the field.

The central monitoring of operators is expected to be a powerful tool for the government to get a clear picture of the size of the industry, in order to regulate more effectively in future with fairer taxation, protection of players and promotion of a legal industry. The Gaming Board will also use the services of a gaming laboratory to license machines and there will be a limit of five machines in one gaming arcade. Video surveillance will be necessary in order to control under-age gambling. All gaming licences will have a duration of 10 years.

“In our opinion, the most important aspect of this new law is that the Serbian government has decided to strengthen its Gaming Board and to assist it in every way,” said JAKTA president Mirjana Acimovic.

Before opening an online project, every operator primarily asks the question: what market to choose? Where can I operate freely, and where do I need to go through the licensing procedure?

Slotegrator examined this question. Our experts prepared a list of countries where online gambling operation is legal.

To make it even more convenient, we sorted them by continents. It includes not only those countries subject to certain requirements and where online gambling is regulated by law. There are also those countries where online gambling is neither regulated nor prohibited.

Online gambling availability in the World 2020

Depending on different approaches to gambling regulation in the world, all countries are divided into 4 groups.

Countries where foreign online casinos are not blocked:

The local regulators do not apply any legislative requirements in these countries. Foreign gambling sites can be licensed in any jurisdiction or generally operate without it.

However, it should be noted that gambling is not necessarily legal in these countries.

For example, the Cayman Islands completely prohibit gambling, while the local residents are liable for participation in gambling. The fact that foreign online casinos are not blocked now can only be explained by the inability of regulator to do this. And if the online gambling is not legalized, blocking of foreign sites is just a matter of time.

Countries where gambling websites must be licensed by the local regulator:

These countries use the most competent approach to online gambling regulation. Each operator (whether it is local or foreign) must acquire a license and fulfill certain legal requirements. Conditions are equal for all. Everyone is obliged to pay taxes to the budget. Only in this case, the operator has the right to work legally. Otherwise, the online resource will be blocked.

The following countries require a license of the local regulator only for the local gaming sites. Foreign platforms can work without it:

As in the first group, these countries do not apply any legal requirements to foreign sites. A foreign operator may be licensed in any jurisdiction and, in some countries operate without it at all. However, all local casino owners are required to undergo the licensing procedure of the local regulator and to pay taxes to the local treasury.

The following countries have no restrictions for the gambling sites at all:

Serbia Gambling Law Philippines

This is the largest group of countries. Many of them do not regulate gambling activities at all.

Online gambling laws around the world

Serbia Gambling Law Changes

Today almost every country has its own rules regulating the land-based gambling. However, the situation with online gambling is more ambiguous. As can be seen, the attitude towards local and foreign operators differs fundamentally from country to country.

In the European Union, for example, the operators of the foreign gambling sites are subject to the requirements of the EU law. However, not all countries agree that foreign operators don’t pay taxes to the local treasury. Contrary to the requirements of the EU, they put the foreign operators under own regulations forcing them to obtain a local gaming license and pay taxes to the local budget. Among these countries France, Germany, Italy, etc.

The second reason for the different attitudes to local and foreign operators is that many countries (especially those not technologically advanced) simply do not have the resources or tools to prevent foreign companies from operating in their territories.

Serbia Gambling Law 2020

Summing up the availability of online gambling around the world:

Serbia Gambling Laws

• 32 countries prohibit the local operators from working without a license, but those gambling sites that operate from abroad can easily offer their services to local residents. Among them, the following countries: Seychelles, Armenia, Dominican Republic, Greece, Monaco, Norway, Canada, Sweden, Switzerland, etc.
• 32 countries allow online gambling only with the local license. For example, Austria, Denmark, Finland, France, the UK, the Netherlands etc.
• 28 countries prohibit locals from gambling and block sites of local gambling operators. However, foreign platforms can work freely, even if they have no license. These states are either unwilling or are not able to prevent them. For example, Australia, Brazil, New Zealand, Mexico, Japan, Singapore, Nigeria, etc.
• 93 countries do not prohibit online casinos and do not license them. They include Bolivia, Uruguay, Venezuela, Bahamas, Argentina, Egypt, Kenya, Tunisia, Kosovo, Gibraltar, etc.