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CYPRUS CASINO BILL PRESENTED
The Cypriot Cabinet has now presented a bill governing the establishment, operation and monitoring of Cyprus’ first ever casino Cyprus - Legislation
The Cypriot Cabinet has now presented a bill gov- erning the establishment, operation and monitor- ing of Cyprus’ first ever casino, to parliament.
It has already been checked by the Attorney-gen- eral’s office, with the accompanying regulations to reach the House soon.
BOSNIA AND HERZEGOVINA – CASSINO DUGA Cassino Duga in Srebrenik city in Bosnia and Herzegovina, has installed the latest Interblock’s G5 Mini Star Roulette.
The casino has been in operation since 2007. After a sub- stantial period researching the roulette market, Senadin Ćosić, CEO at Cassino Duga, decided to installed the latest Interblock’s G5 Mini Star Roulette in his casino. The product met Mr. Ćosić’s very specific requirements, which were need- ed to place the product with Cassino Duga.
Mr. Ćosić commented:“I am happy to say that also our play- ers are very satisfied with the new G5 Mini Star Roulette and they are especially enthusiastic about Golden Chip Jackpot, statistics and other features on the Roulette.”
Klemen Caleta, Regional Sales Manager at Interblock, added: “We are very proud to welcome Cassino Duga within our Interblock family. The newest G5 Mini Star Roulette is a per- fect match for this venue. We believe this is only the start of Mini Star Roulette’s success in this region.”
ROMANIA – EVERYMATRIX SIGNS UP WITH PROLEXIC EveryMatrix is now delivering services with the global leader in DDOS and Mitigation services Prolexic. This service will not only benefit the EveryMatrix network but enhance the pro- tection of all clients and operators that use the EveryMatrix product portfolio. Prolexic Technologies is the world’s largest, most trusted distributed denial of service (DDoS) protection and mitigation provider. Able to absorb the largest and most complex DDoS attacks ever launched, Prolexic protects and restores mission-critical, Internet-facing infrastructures for global enterprises and government agencies within minutes.
EveryMatrix is always looking to invest in enhancing our product offering so that EveryMatrix clients get the best pos- sible service protection.
SPAIN – MARIA JOSE GALLARDO JOINS EUROMAT María José Gallardo joins the European Gaming and Amusement Federation (EUROMAT) as a member of the Spanish Association of Gaming Machine Businesses (FACO- MARE). María José Gallardo is Vice President of the R. Franco Group.
EUROMAT is an influential forum for representation and cooperation within the entertainment industry, and is partic- ularly relevant a time when new regulations are being devel- oped and implemented in many European countries while at the same time the European Union is demanding regulatory harmonisation, as gaming is not the subject of European regulation, but the sole responsibility of the Member States.
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The Ministry of Energy, Commerce, Industry and Tourism invited interested parties to submit their comments on the draft regulations, which have been posted on the ministry’s website.
The Ministry said: Following a relevant Council of Ministers decision dated 10.12.2014, the bill “Law to Regulate the Establishment, Operation, Function, Control and Supervision of a Casino and Relevant Matters of 2014” has been presented to the House of Representatives for enactment. The relevant Regulations have been drafted and, fol- lowing the completion of legal review by the Office of the Attorney General, will be presented to the House of Representatives for enactment.
The Ministry of Energy, Commerce, Industry and Tourism invited interested parties to provide com- ments relating to the draft Regulations before midnight January 16 2015. A summary of relevant
comments was then posted on the Ministry’s website at the end of the process.”
Media reports out of Cyprus have linked names such as Caesars Entertainment, Genting and Las Vegas Sands to the process with 13 companies currently interested in the project. The operator will be allowed to select which district the resort will be located in, which is seen by some as an avoidance tactic by the government. It will be given a 30-year license, with a guaranteed monopoly for the first 15, in exchange for 15 per cent of the casino’s annual gross revenues. The annual gaming license will cost €2.5m for the first four years of operating, then €5m for the next four.
The operator is also expected to be allowed two satellite casinos alongside the larger resort style licence, which must have at least 1,000 slots and 100 tables alongside 500 hotel rooms.
Czech Republic The authorities in the Czech Republic are to treat alcohol and gambling as illegal drugs following amendments in the national strategy in the anti-drug policy. The strategy has been to replace the word ‘drugs’ with ‘addictive substances and gambling.’ It wants to make accessibility to gambling harder and bring in tougher regulations and measures to lessen both the supply and demand of gambling. National Anti-Drug Coordinator Jindřich Vobořil said access to gambling was much higher in the Czech Republic compared to other countries. In 2013 there were 7.5 gambling machines per 1,000 inhabitants in the Czech Republic. In Slovakia that figure was 3.7 in Slovakia. It was three in Germany, 0.6 in Poland and 0.3 in Austria. Online bets with licensed gambling operators in Czech reached 14bn Kč. About the same amount is spent on foreign gambling websites. A report that led to the recommendations stated that 170,000 adults could become problem gamblers. The effectiveness of the strategy is to be evaluated in March 2019.
Google faces fine as President Putin cracks down on online
RUSSIA Russia’s Federal Antimonopoly Service has fined Google $1,600 for allowing gambling ads to be placed on the Google search engine available to Russians.
The watchdog imposed the fine due to ‘the distribution of gam- bling, their organisers and related services in the Google search engine on the territory of the Russian Federation.’
The fine comes as Russian
President Vladimir Putin clamps down on online gaming, signing a bill into law toughening penalties for illegal gambling business.
Current laws look to crackdown on illegal gambling businesses that generate profits of more than 1.5m rubles ($26,500).
The new legislation will see the operators of unauthorised Internet gambling sites face up to 240 hours of community service, restriction of freedom of up to
four years or a prison sentence of up to two years. It will impose fines of between $5,300 and $8,850 or an amount equal to the operator’s income for a period of one to three years. It will also introduce fines for unlicensed sports betting in regions outside of the gambling zones.
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