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Belarusian Lawmakers Not Bullish On Online Casino Boom

For instance, it has become known that brick-and-mortar gambling establishments will have to apply separately for online gaming licenses in order to be able to conduct that type of activity. Minister Mukvich told media that such establishments will be granted a transitional through April 1, 2021. Among other things, Decree No. 305 also aims to introduce better tools for the protection of gambling customers from risks related to their participation in the activity. The piece of legislation thus raises the legal gambling age to 21 from 18. Land-based gambling establishments are currently monitored strictly by the state and Decree No. 305 was crafted in a manner that will ensure that Internet operations are monitored just as closely. The legislative piece will require online casinos to keep records of the entire game processes of their players. These records will be available to all competent bodies. Online casinos will also be connected to a cash system, a measure that is believed will further ensure transparency in the provision of online gaming services. A separate provision in the decree requires the establishment of a pledge fund that will cover player payouts, taxes, and other payments in case of insolvency of a given online gambling business.

For the original version including any supplementary images or video, visit http://www.casinonewsdaily.com/2018/08/22/belarusian-lawmakers-not-bullish-on-online-casino-boom/

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