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Online gambling on the rise: Is Slovakia getting it right? BlogMediaWrites

Since 2018, pursuant to that act, the Slovak authorities have stepped up enforcement against operators running online gambling activities without a licence in Slovakia. In addition, running or advertising of non-licensed foreign gambling games on Slovak territory is subject to rather heavy fines. In May 2018, a new Gambling Bill was introduced in reaction to increasing popularity of online gambling. The new bill seeks to regulate online gambling rather than fight against it, in particular by establishing a licensing system for commercial online gambling. Nonetheless, a gambling provider will have to meet the condition of having its registered office in Slovakia or another EU member state. In addition, in its current form the bill requires online gambling providers to pay (1) an application licensing fee (€ 3 mil for an online casino), and (2) regular levies (i.e. gambling tax), just like any other licensed gambling providers. The proposed levies for online casino providers are 23% of annual gross gaming revenue. Moreover, administratively, a new Gambling Office is to be established. It will have broad powers over licensing, inspecting and issuing methodological guidelines on gambling.

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