Tag Archives: montenegro

Montenegro begins consultations to modernise gambling laws

SBC News Montenegro begins consultations to modernise gambling laws

Montenegro will develop a “new legal solution for gambling,” as pledged by the Ministry of Finance, tasked with modernising the Law on Games of Chance. The Ministry has begun consultations with key stakeholders, including the “public, media, state authorities, local communities, and businesses,” to discuss amendments and resolutions. A new law is required “to establish safe and responsible gambling environments, …

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Montenegro to review tax charge on player winnings as gambling remains ruptured

SBC News Montenegro to review tax charge on player winnings as gambling remains ruptured

Montenegro’s gambling sector faces likely fiscal changes as the Ministry of Finance endorses a 15% tax charged on customer winnings. The government of Montenegro has received proposals to amend articles of the Personal Income Tax  and the Law on Games of Chance to apply the tax charge sought by the Ministry of Finance. The proposal carries the “dual goals of …

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Montenegro to revise unworkable e-payments ban on gambling transactions

SBC News Montenegro to revise unworkable e-payments ban on gambling transactions

Montenegro will re-evaluate the controversial ban proposed on digital payment systems, wallets and mobile apps for betting transactions. The government enacted laws this year that prohibit electronic payment methods, including Apple Pay and PayPal, for online gambling services. Incumbents of Montenegros betting sector instantly criticised the laws, that will likely  hinder Montenegro’s efforts to join the EU. Several months later, …

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Montenegro gambling in turmoil as e-payments ban is authorised 

SBC News Montenegro gambling in turmoil as e-payments ban is authorised 

The government of Montenegro has been urged to explain why it has authorised amendments to impose a ban on electronic payments services for gambling. Conflicts arise in the Balkans nation as the government has confirmed that it will “enact amendments to Gambling Laws” that will prohibit the use of modern payment systems for gambling. The controversial amendments contravene EU competition …

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Meridianbet takes full sponsorship of Montenegro Football

SBC News Meridianbet takes full sponsorship of Montenegro Football

The Football Association of Montenegro (FSCG) has expanded its sponsorship with sportsbook operator Meridianbet, which will now become the official sponsor of Montenegrin football. The sponsorship agreement was signed by Dejan Savićević, President of the FSCG and former European footballer, and Jovana Klisić, Executive Director of Meridianbet Montenegro. The partnership is set to last until the end of 2024 and …

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MaxBet acquires Serbia’s El Dorado Slot Clubs

SBC News MaxBet acquires Serbia’s El Dorado Slot Clubs

MaxBet will expand its home market presence in Serbia, having reached definitive terms to acquire the arcade properties of El Dorado Slot Clubs. The Balkans gaming group confirmed that it reached a deal with BARGAME AD, a subsidiary of CT GAMING Bulgaria, to acquire El Dorado Slots Clubs’ eleven arcade gaming properties located throughout Serbia. Of strategic relevance, the acquisition …

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Mediatech Solutions launches SKS365 in Spain

SBC News Mediatech Solutions launches SKS365 in Spain

Omni-channel gaming platform provider, Mediatech Solutions, has agreed a deal with SKS365 to launch the PlanetWin365 brand in Spain. The agreement has seen Mediatech integrate SKS365’s existing in-house pre-match and live betting sportsbook into the Mediatech platform. Working alongside SKS365, Mediatech has also ensured PlanetWin365 is tailored to the specific regulatory requirements of the Spanish market. PlanetWin365 also offers slots …

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Roberto Carlos joins planetwin365 as brand ambassador

SBC News Roberto Carlos joins planetwin365 as brand ambassador

Brazilian football legend and former Real Madrid superstar Roberto Carlos has signed a three-year agreement to become brand ambassador for the European gaming brand planetwin365 in Spain. After recently launching online operations in the Spanish market, the Austrian-Maltese bookmaker is joining forces with the 42-year-old, considered one of the best left backs in football history. Apart from advertising rights for …

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BitCasino.io launches bitcoin sportsbook

SBC News BitCasino.io launches bitcoin sportsbook

BitCasino.io, which claims to be the world’s first legally licensed and regulated online Bitcoin-only casino gaming operator, has announced the launch of its sportsbook for the new English Premiership football season commencing 8th August 2015. The new bitcoin sportsbook will provide over 10,000 live betting markets per week, including popular fast-developing betting sports such as MMA and eSports. A spokesperson …

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