Illegal gambling websites come into focus

Fines for running illegal gambling websites may be as high as €500,000.

(Source: Sme)

The Financial Administration began keeping a closer eye on illegal gambling on the internet as of July 1, with the first list of banned websites due to be released on July 17, followed by updates on a weekly basis. The Financial Administration announced its new focus on July 3.

The move has been made possible by recently adopted legislation.

“The global gambling market has developed dynamically in recent years,” said Finance Ministry State Secretary Radko Kuru as cited by the TASR newswire. “Legislation has reacted to an expansion of gambling in virtual space and has brought new challenges in terms of supervision.”

Read also:Explanations for web host fines vague

In the first phase, the Financial Administration will search for sites with gambling activities that violate the law before calling on them to shut down. If they don’t react within the period stipulated by law, they will be placed on a blacklist. Then the Financial Administration will ask a court for an injunction to block the sites and payment transactions, spokesperson Patrícia Macíková announced. In addition, the authorities can impose fines amounting to as much as €500,000 for running illegal gambling websites.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Dual quality in the EU will be punished

Slovakia’s Agriculture Ministry welcomed the change, calling it a victory.

Food prices keep falling.

Blog: Bringing top business minds and students together

Martin Kardoš of CSI Leasing introduces the Mentor Network Program aimed at pairing young talents with experienced mentors from the business world.

Martin Kardoš, Managing Director CEE at CSI Leasing, at one of the Mentor Network Program events.

Blog: What about parking slots for “brains”?

Will the state of biomedical research trigger reactions at least half as passionate as Bratislava's parking policy?

Illustrative stock photo