Fines could amount to USD 567,000
Slovakia targets illegal gambling websites
The Financial Administration of the Eastern Europe country announced a plan to identify and block illegal iGaming business in order to protect players.
2017-07-05
Reading time 26 seg
The Financial Administration of the Eastern Europe country announced a plan to identify and block illegal iGaming business in order to protect players.
During the first phase of the plan, authorities will search for sites with gambling activities that violate the law, if they don’t react operators will be placed on a blacklist. Then the Financial Administration will ask a court for an injunction to block the sites and payment transactions.
“The global gambling market has developed dynamically in recent years,” said Finance Ministry State Secretary Radko Kuru as cited by the TASR newswire.
In addition, the authorities can impose fines amounting to as much as €500,000 for running illegal gambling websites.
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