Fair play rules

Fair play rules

Taxmen have been supervising the gambling business in the country, and all these years the number of institutions has been gradually decreasing. Whereas in 2011 205 economic entities received licenses, as of January 1 this year the figure has decreased to 104, of which only 95 licensees actually work. This is mathematics.

Si gambling business has undergone fundamental changes: a new system of regulation was built, a special computer cash register system was created to provide control in this area. It allowed to move to a new level of gambling business administration, and the state has a source of information about the cash flow in this sector in real time. Yes, some players left because they had to work in conditions with a higher degree of state control. But the remaining participants now demonstrate a more civilized approach,” says the expert.

Fair play rules

The number of institutions that operate offline depends directly on the number of online casinos that can come to this market. To obtain a license and work legally on the Internet, you need to fulfill a number of requirements. And one of them is the availability of a license for offline gambling business and two-year experience in the country. That is, only an active gambling organizer can get a license. Another mandatory point – a security deposit on a special account. From this amount will pay the players winnings, if the online casino suddenly goes bankrupt. The amount of the deposit in the near future will be determined by the Council of Ministers. Ministry of Taxes and Levies proposes to set it at 90 thousand basic units (now it’s more than 2.2 million rubles). And for virtual gambling establishments that only conduct betting games and totalizator games (and bets in such games are accepted for real events) – this is 20 thousand basic units.

By the way, changes are waiting for foreign market players – from 2021 access to illegal online casino sites will be restricted. Illegal will be considered an institution without a license, and it can not be obtained if you have not worked in our country for two years. It will remain possible not to lose Belarusian players at such gambling establishments – they can buy a Belarusian company with more than two years’ experience and get a license to maintain a virtual gambling establishment.

Three government agencies – the Operational and Analytical Center under the President, the Ministry of Taxes and Levies, and the Monitoring Center for Gambling Business – will be engaged in expert examination of online casinos (it is necessary to issue a license).