Polish gambling industry - quick overview

Polish gambling industry - quick overview

1 yr after the introduction of the Gambling Act



The history of the most recent amendment to the Gambling Act is lengthy, difficult, rich in brawls and doubts. In the finish, nonetheless, the rulers succeeded in voting through the version that is nevertheless in force right now.

The provisions of the Gambling Act were very controversial, some of them nevertheless can't be accepted by some gamblers, but the battle dust has presently subsided and we can look at the gambling industry calmly.

If you do not know the case or want to get a closer search at the provisions of the Gambling Act 2017, we have a thorough evaluation of the new rules that apply to each players and entrepreneurs.

This time we want to look at the scenario of bookmakers and on-line casinos in Poland. How did the legal revolution deal with them? Has anybody benefited from it?

The gray marketplace is shrinking.

The aim of the amendment to the Gambling Act was to eliminate the so-known as gray market of mutual betting and other gambling activities. Until the new law came into force, foreign bookmakers who did not pay out taxes in Poland and produced their solutions accessible under European Union law attracted Polish gamers with their winnings - not burdened with high Polish tax. The State Treasury lost even hundreds of millions of zlotys a 12 months in this way.

According to the Association for the Liquidation of the Grey Zone of Mutual Enterprises in Poland "Perform Legally", because the Gambling Act came into force, the grey zone of the bookmaker has considerably shrunk. In accordance to the report "Counteracting the Grey Zone in Poland", in the first months of 2017 right after the entry into force of the Bookmaker's Act, in comparison with the identical time period in 2015, the grey zone of bookmaker's betting decreased from about 84% of the industry share to about 62%. Moreover, presently in the very first 3 quarters of 2017, the State earnings from taxes paid on legally operating bookmakers improved by about 95% in contrast to the same time period in the prior 12 months. In other phrases: from January to September 2017, the State Treasury earned PLN 130 million.

What did the Gambling Act do?

The greatest revolution that the new Gambling Act launched in 2017 was the Gambling Domain Register. Any website of a bookmaker and/or on the internet casino offering illegal participation in the game to clients from Poland will be included in the register. Then, inside 48 hours of the entry, each Internet provider in the nation is obliged to block its clients from accessing the forbidden web site.

The identical process resulted in several foreign operators withdrawing from Poland voluntarily (players from Poland had been no longer permitted to play the game) or the road to them was closed. In this way, gamers who used their services primarily had to permanently move to Polish bookmakers with a license.

The Bookmaker Act also elevated the betting tax. The charge of every coupon is topic to 12% tax deducted from the stake, which is credited to the State Treasury (the exception is a unique offer of the game with out tax, but this does not modify the reality that the funds goes to the price range - not from your pocket, but from the bookmaker's account).

New bookmakers in Poland

Because foreign bookmakers withdrew from Poland, numerous (even dozen or so) inclined to open legal bookmakers' web sites have reported to the Ministry of Finance, in accordance with the laws. Rumours (and official information) stated that amongst them there had been also well-liked operators from Europe, e.g. bet365 and William Hill.

A year has passed. Superbet appeared on the Polish marketplace, although only as a ground bookmaker. Not a lot? In contrast to how several applications went to the ministry, it is not a lot. Will the pace of receiving one bookmaker a 12 months by the players be maintained? There are several indications that one thing must be moving in the subject matter. New brands have currently been confirmed, e.g. Totalbet and eWinner, which ought to commence in 2018.

http://www.doscarasswimwear.com/casinos-online-the-cherry-on-the-cake/ Polish on the internet casino

The sport totalizator has been appointed as a monopolist in the provision of online gambling. The tender for the contractor of the contract, which is eKasino (Polish on-line casino), was announced only in the final days of August 2017 and resolved at the finish of February 2018. The winner was Playtech, one of the largest and most well-known casino software program developers. This allows us to believe positively about the eKasino venture, as this is how the Polish on the internet casino is known as a 12 months after the entry into force of the Gambling Act. The name is semi-official so far.

The terms of the tender stipulated that Playtech has no significantly less than six months, but no a lot more than 9 months (counting from the date of signing the contract) to launch the casino in Poland. Because the relevant documents had been signed at the end of February 2018, the casino should appear no earlier than in the final days of August, but no later on than in the final days of November 2018. This indicates that the Polish on-line casino will be opened for about one.5 many years following the amendment to the Gambling Act comes into force.

Why only 1 casino?

As far as gambling is concerned (the two on-line and real gambling), the rulers determined that it would be under rigid state manage. This is why the two on-line casinos and slot machines will be below the supervision of a monopoly (authority), Totalizator Sportowy, which is, of course, a state-owned company.

Why must there be only a single on the internet casino and there might be many bookmakers? We do not see any other factors than one: there had been currently legal bookmakers in Poland (STS, Fortuna, Totolotek, LVbet, eToto, Millennium, forbet) who offered taxes to the budget. There had been no on-line casinos, however, because the rules did not permit for them just before. It was determined that if Poles like to perform online machines, on-line poker, and so forth., they ought to play - but only where it is easy to handle.

Who gained the most from Bookmaker's Act?

With out considering also extended, you can plainly reply that the Gambling Act 2017 was the most lucrative for the State Treasury and the bookmakers who received the Polish license.  Dewa GG Before the new regulations came into force, 90% of the Polish industry was in the hands of foreign operators who did not pay taxes. The register of Prohibited Parties presently consists of virtually 1600 things and is nonetheless getting supplemented with new ones, which seals the gambling market in Poland. Suffice it to say that in the very first quarter of 2018, 48% of the Polish market belongs to STS and 30% to Fortune.

What else is ahead of us?

2018 is to bring us the e-Casino from Totalizator Sportowy and Playtech, a solution we have been waiting for given that the first info about the state monopolist appeared. Moreover, we anticipate at least a single much more new bookmaker (in June 2018 Cherry On the internet Polska was licensed) and we hope that foreign brands this kind of as bet365, bwin or William Hill will finally be admitted to us.

dewagg alternatif What are the chances of any major changes on the Polish gambling marketplace? Really small, though we would like our law to legalize the well-known bingo and facilitate the organization of poker tournaments. Will this take place? We can only wait.