Slovakian President Shoots Down Online Gambling Legislation
Online casino players in Slovakia were expecting to have a lot more liberty in 2019 as they were aware of the fact that legislators were pushing forward with a new gambling bill that looked to allow offshore operators to enter the iGaming market.
They were confident that the bill would be approved as the Ministry of Finance were the ones who came up with the regulations which were then approved by the legislative house. The final hurdle in implementing the bill was in getting the President to sign-off.
The President of Slovakia Andrej Kiska reviewed the bill and then surprise a lot of people when he decided to veto the bill. The President decided not to sign-off on the bill because after reviewing the same he had reservations over the bill and was not convinced enough to sign it into existence.
One of the main reasons why President Kiska was not convinced with the bill was because he felt that it did not have sufficient player protection measures which meant that Slovakians could be exploited. The President wanted all residents who had claimed personal bankruptcy to be automatically listed on the self-exclusion list – a provision which was not part of the gambling bill.
Problems With Gambling Legislation
There were also concerns regarding the safety and security of storing personal and financial information online. Online casinos require players to upload digital proof of their personal and financial information before their online casino accounts get verified and become eligible for withdrawals.
However, the bill did not provide sufficient evidence to show that a customer’s digital information would be kept safe and secure. The President wanted the bill to have more information regarding how casino operators would safeguard the digital data of their players.
There wasn’t enough information regarding how casino operators would allocate a percentage of their profits to fund problem gambling treatment and to prevent gambling addiction.
The President also wanted the gambling bill to provide the local government with more authority over the gambling industry. Local governments must have the final say in deciding what type of gambling activities can be offered in their respective regions. President Kiska also wants a clause in place that prevents betting shops from being established in sensitive areas such as schools and religious institutions.
Legislators can go back and rework their gambling bill to take into consideration the Presidents recommendations or decide to go past him and look to get the National Council to vote 2/3 in their favour and override the President’s vet