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Amendments to the Polish Gambling Act allow wider gambling payment processing
Wednesday April 23 ,2014 : POLAND'S POSITION ON ONLINE GAMBLING WEAKENED
Amendments to the Polish Gambling Act allow wider gambling payment processing.
In a bid to meet European Commission demands regarding free movement of goods and services within the European Union, the Polish government's highly restrictive and nationalistic laws on payment processing - a critical feature in online gambling activity - have been relaxed.
Late last month the amendments were implemented, permitting companies based within the European Union to process gambling-related transactions, opening Poland’s internet gambling market to online payment processors such as Skrill and Neteller, reports Poker News.
Poland continues to ban online poker and casino gaming, and restricts online sports wagering to just four operators holding Polish licensing - only Polish companies can apply for licensing.
That policy could be depriving the government of around Euro 142 million a year in tax revenues as players use "grey market" operators, according to the Poker News report.
How long such a protectionist policy will last is open to conjecture, given the European Commission's continued scrutiny of Polish online gambling laws and its insistence on compliance with EU principles. In November last year the Commission launched infringement procedures.
It's a sizeable market; according to a report compiled by consultants Roland Berger earlier this year, the Polish online gambling market is worth around Euro 1 billion...and the four operators holding Polish online gambling licensing only account for about 9 percent of that!
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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