Close Bottom Menu CLOSE

Why join our Telegram

Telegram
  • list icon EXCLUSIVE Betting Bonuses
  • list icon 24/7 Pre-Match & Live Predictions
  • list icon New Unrestricted Bookmakers
  • list icon €1,000 In Monthly Giveaways
Join Our Community
Telegram

Slovak republic warns unlicensed gambling operators

11 Dec 2017

gambling operatorsThe Slovak republic has warned unlicensed gambling operators to terminate their business within the country or be forcibly shut down and heavily fined. More specifically, the Financial Directorate of the Slovak Republic has contacted a number of betting sites and online casinos that currently operate without a local license and has requested that they abide to the Article 15b(4) of Act no. 171/2005 Coll. on Gambling Games Amendment and Supplement, often referred as "the Gambling Act".

Learn More About That Warning

The Slovak republic amended the Gambling Act in 2017 in order to modernize and regulate the local market in a more efficient manner. It created a unified regulatory body that similar to other EU countries, is tasked with awarding licenses and blocking access to gambling sites that operate outside of the legal framework. This has proved to be a daunting task, as players are able to bypass the ISP blockings, while unlicensed operators are quick to answer by launching new mirror sites each time they are blacklisted and blocked. The Slovak Financial Department has subsequently announced they will not only shut down these sites but will also legally persecute any offenders and force them to be subjected to the following financial penalties:

  • From €5.000 to €50.000 to any natural person who promotes a gambling game or performs activities related to the promotion of a gambling game, for which no license pursuant to the Act has been granted or issued
  • From €15.000 to €250.000 to any natural person who operates a gambling game, is involved in the operation of a gambling game or performs activities in operating a gambling game for which no license pursuant to the Act has been granted or issued
  • From €5.000 to €250.000 to any legal person/entity for the promotion of a gambling game or performance of activity related to the promotion of a gambling game, for which no license pursuant to the Act has been granted or issued
  • From €15.000 to €500.000 to any legal person/entity for the operation of a gambling game or for taking part in the operation of a gambling game, for which no license pursuant to the Act has been granted or issued

The Court of the Slovak Republic has been requested to issue a court order to prevent access to non-compliant websites and prevent the execution of payments between players and gambling sites.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY
Next Manchester United Manager Odds After Ten Hag’s Dismissal Featured Image

Erik Ten Hag was fired after the loss to West Ham during the weekend. Manchester United was already struggling this season, being 14th in the Premier ...

Read more »

UFC 308 Odds & Preview: Topuria vs Holloway Featured Image

One of the biggest UFC events of the year takes place on Saturday, October 26 at the Etihad Arena in Abu Dhabi. UFC 308, starting at 20.00 CET, featur...

Read more »

Megapari Nominated For The 2024 SBC Awards Featured Image

Megapari is up for two awards in the following SBC Awards: ‘Sportsbook Operator of the Year’ and ‘Casino Operator of the Year’...

Read more »

BC.Game Is The Official Sponsor Of Leicester City For 2024/25 Featured Image

The popular online crypto bookmaker BC.Game has announced that it has become the official partner of Leicester City. The partnership will go on for th...

Read more »

The Effect Of Euro 2024 On Sports Betting Service Providers Featured Image

It is no secret that huge international competitions like Euro 2024 substantially impact all sports betting providers. Besides the day-to-day operatio...

Read more »

How Mbappe’s Injury Affects All Euro 2024 Bets Featured Image

French superstar Kylian Mbappe suffered a broken nose after a collision with Austria’s Kevin Danso. He was later subbed off and was taken to the...

Read more »

Bookmakers With A Dedicated Euro 2024 Section Featured Image

This summer, 24 nations will battle in the 17th edition of the European Football Championship. Scheduled to take place in Germany, the competition is ...

Read more »

How Injuries Affect Euro 2024 Odds Featured Image

As the Euro 2024 approaches, fans are at the edge of their seats. However, as it happens with every major competition, several notable footballers hav...

Read more »

Lucas Paqueta Charged For Betting Breaches Featured Image

The Brazilian international Lucas Paqueta has been charged by the FA for the “improper purpose of affecting the betting market”. Paqueta, ...

Read more »

Tyson Fury vs Oleksandr Usyk Odds Featured Image

After a long wait, the boxing world is finally on the verge of crowing the first undisputed heavyweight champion since 1999, when Lennox Lewis took do...

Read more »

LATEST BOOKMAKER PROMOTIONS
bookmaker banner
bookmaker banner