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Belarus confirms online gambling launch date

Home » Belarus confirms online gambling launch date Belarus confirms online gambling launch date Belarus will regulate online gambling from the start of April next year, the eastern European country’s tax ministry has confirmed. Vladimir Mukvich, the Deputy Tax and Duties Minister, said that there would be a two-year transitional period, through to April 1, 2019, when operators would be able to apply for an online gaming licence. He added that he does not foresee a significant number of online casino operators initially as the government does “not see any preconditions for such a trend”. Mukvich also said that the legislation, Decree No.305, would put in place strict conditions for operators in order to protect the country’s population of nearly 10 million people. “This will be done not with the aim of minimising the number of facilities, but to provide maximum protection to the players,” Mukvich said.

For the original version including any supplementary images or video, visit http://www.igamingbusiness.com/news/belarus-confirms-online-gambling-launch-date

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Online gambling firms remove restrictions on cash withdrawals

gambling With growing numbers of people choosing to play games and gamble online, the Competition and Markets Authority (CMA) has been investigating the £4.9billion sector after finding that a number of firms use unfair practices and terms and conditions. Until now, players using Jumpman Gaming and Progress Play could be made to withdraw their money in instalments over an extended period, which could lead some to gamble again where they might otherwise make a withdrawal. The companies have also agreed to stop using unfair terms which meant they could confiscate money from players’ accounts because they had not logged in for a certain amount of time. In addition, Progress Play has agreed not to confiscate players’ money if they do not meet their identity check rules within a specific timeframe. Whilst companies need to be able to make appropriate and proportionate identity checks to help prevent money laundering and fraud, they cannot justify confiscating someone’s money simply because they do not provide information within a specific time frame. The CMA has been working in collaboration with the sector regulator, the Gambling Commission, to improve terms and conditions for players online and to help ensure firms do not break consumer protection law. The changes being made by these companies today are supported by the Gambling Commission, which expects firms across the sector to apply the same standards to make online gambling fairer for players. Firms that do not make any necessary changes to their terms may face regulatory action. George Lusty, Senior Director for Consumer Protection at the CMA, said: People choosing to gamble online should be able to walk away with their own money whenever they want to.

For the original version including any supplementary images or video, visit https://www.gov.uk/government/news/online-gambling-firms-remove-restrictions-on-cash-withdrawals

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