EU: Slovakia Is ‘Anti-Competitive’

The European Union’s Remote Gambling Association is less than thrilled with the draft version of Slovakia’s bill to regulate its gaming market. One of its complaints is the €3 million (US$3.4 million) license fee.

The EU’s Remote Gambling Association has some issues with the draft version of regulations developed for the Slovakian gaming market. The RGA says the country’s proposed €3 million (US$3.4 million) license fee could scare off investors. It also takes issue with a provision that would delay sports betting licenses for a year, which RGA called “anti-competitive” and a way to shield existing local operators.

The proposed bill would also tax operations at 23 percent of gross gaming revenue and remove a previous requirement on licensees to have a physical base in the country, according to CDC Gaming Reports.