SBC News Poland to amend Gambling Act and allow foreign operators

Poland to amend Gambling Act and allow foreign operators

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The Polish Government drafted its first ever amendment on licensed online gambling. The amendment will look to be attached to Poland’s existing Gambling Act, and would remove various obstacles for foreign based sports betting and igaming operators to market products in the region.

The amendment will remove existing legislations that require gambling companies to operate within Polish borders. This existing legislation has limited the number of operators wanting to target the Polish igaming market.

The new Polish gambling legislations, will permit for EU licensed and regulated igaming operators to enter the market. However all operators wishing to enter the market, will have to comply with Polish tax frameworks regarding gambling.

The new amendment will ask all operators to supply financial documents and reports in the Polish language.

Poland had been pressured by the EU to review its igaming framework, since it did not comply with European Commission laws. It is thought that Poland will fast track online gambling legislation with a view to have the necessary framework for foreign operator licensing  by the first quarter of 2015.

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