10th of April 2011 Author: Johnny Karp
New regulations for operators
It was announced this week that Poland introduced new law, legalizing online sports betting. It has been specified that the bill in question was passed by representatives from the country's Finance and Physical Culture Committees, and that it serves as a revision of the country's current gambling law, confirming its anti-online gambling position with a ban of all internet gambling except sports betting.
The conditions found in the bill that are considered controversial are:
- A 12 percent tax on turnover (equal to existing land-based casino taxes), which is believed to be too high.
- Servers must remain in Poland and websites will have to register domains as ".pl"
- All online transactions must be conducted through Polish banks
In addition, the country will keep its severe restrictions on marketing and advertising, making the market rather difficult to operate in.
However, according to Poland's Deputy Finance Minister, Jacek Kapica, the bill represents the first step towards the revolution of a gaming culture. It has been reported that the law could enter into force in June 2011.
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