open up the market to more foreign investors.
It is anticipated that the changes will see a reduction in the number of gaming halls and an increase in larger scale operations. Tis ties in with the increase in the number of slots required per gaming hall which would be increased from 50 to 100.
GAMBLING BACKGROUND
Gambling in Slovenia has changed just as much as the political landscape. Gambling was at one time seen as a privilege for the upper social classes whilst the lower classes were not even permitted to gamble.
In 1962 a federal law on games of chance was adopted and this regulated lotteries, bingos, sports betting etc. Initially gambling funds helped provide resources for charitable purposes. In the mid 1960s the first legal casino
would bring casino clients across the border and sent a proposal to the government to allow casinos in other cities. Tis was refused initially and it wasn’t until 20 years later in 1984 that Nova Gorica finally secured a gaming licence.
Casinos were at the time highly profitable. Tey paid only eight per cent tax on GGR prior to 1986 and with casinos in the best tourist locations they attracted wealthy customers and a big inflow of foreign currency.
Tis enabled the resorts to develop and considerable investments were made in the regions in terms of infrastructure including airports, marinas and golf courses.
By the early 90s when Slovenia achieved independence things began to change. Te transition to a new economic and political system affected the Slovenian gaming companies and gaming prohibition for Slovenian
Slovenia has always had a relatively conservative approach around gambling due to the risks associated with gambling. A small, closed, and non-competitive market is often seen as easier to control with less effort required to regulate. However, with many players turning to
foreign betting sites, not only is the state loosing out on concession fees and gambling taxes, players are also not protected under Slovenian law. In turn the market then becomes more difficult to regulate and control.
was opened and amendments were added to the federal act and the Slovenian Gaming Act was introduced in 1965.
Casino Portoroz opened its doors a year before the Act was introduced and it began as a pilot project. At the time only foreign players were allowed to enter the casinos with wagers accepted in foreign currency. Te casinos had to be established in major tourist areas and at the time only Portoroz and Bled (which opened in 1965) qualified.
Nova Gorica realised that its proximity to Italy
residents was scrapped and many bars and restaurants began to operate slot machines and gambling began to boom.
Te market was largely unsupervised and this led to huge problems and eventually slots were removed from bars and transferred into licensed only gambling halls.
In 1995 the Gaming Act was adopted which divided the market into Special Games of Chance (table games, dice games, slots and bets) and Classic Games of Chance (lotteries, bingo, sports betting, sports pools) which was
WIRE / PULSE / INSIGHT / REPORTS P87
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140
