Connect with us

Latest News

Slovakia Publishes Groundbreaking Report on Illegal Online Gambling

Published

on

slovakia-publishes-groundbreaking-report-on-illegal-online-gambling
Reading Time: 2 minutes

The Institute for Gambling Regulation in Slovakia (IPRHH) has published the country’s first comprehensive report dedicated to illegal gambling. The study, titled The Black Book of Illegal Gambling, was officially presented at Bratislava’s Einpark and is now publicly available online.

The landmark publication explores the structure, mechanisms, and social impact of illegal gambling operations in Slovakia, with a particular focus on unlicensed online platforms. According to the report, these operators bypass national regulations, exploit vulnerable groups, and deprive the state of hundreds of millions of euros annually in lost tax revenue.

Key Findings From the Report

The study is based on a nationally representative survey conducted by IPRHH in cooperation with the Slovak Academy of Sciences. Among the most striking results:

  • 23.7% of players – nearly 296,000 Slovaks – admitted to gambling on unlicensed platforms.

  • 24.1% of players could not determine whether the sites they used were legal.

  • Younger users and those with lower levels of education were the most likely to engage in illegal gambling.

  • 13.1% of users admitted to gambling illegally because they were listed in the national Register of Excluded Persons (RVO), which should block them from licensed gambling.

“These sites ignore every safeguard that licensed operators must follow,” explained Dávid Lenčéš, Executive Director of IPRHH. “There are no limits, no identity checks, and no protection against addiction. And if you lose money, you have no legal recourse.”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Why Players Choose Illegal Platforms

Survey respondents highlighted several reasons for using unlicensed gambling sites:

  • Higher bonuses (32.5%)

  • Better odds (29.5%)

  • Easier registration (29.1%)

  • Wider game selection (27.4%)

Shockingly, only 42.2% of players actively check for a Slovak license, while 43.2% cannot distinguish between legal and illegal gambling advertisements.

Policy Recommendations

The IPRHH warns that illegal gambling costs Slovakia hundreds of millions of euros each year, money that could otherwise support healthcare, education, and addiction prevention programs.

The institute recommends a multi-pronged strategy to combat illegal operators, including:

  • More effective blocking of unlicensed websites

  • Stronger cooperation with banks and payment providers to block transactions

  • A national public awareness campaign

  • Stable conditions for licensed operators who contribute to the economy

Lenčéš also cautioned against excessive taxation of legal operators:
“If governments dramatically increase taxes on licensed operators, they risk pushing players further into the illegal market. Regulation should protect the public, not unintentionally support criminal ecosystems.”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

About IPRHH

The Institute for Gambling Regulation (IPRHH) was founded in 2024 to promote effective, transparent, and responsible gambling regulation in Slovakia. Led by Executive Director Dávid Lenčéš, former Chairman of the Slovak Gambling Regulatory Authority, the organization works to address modern challenges such as digitalization, illegal gambling, and player protection.

The full report, The Black Book of Illegal Gambling, is available for free download (in Slovak) here: Download Report. An English version is currently in preparation.

For international inquiries or interview requests, contact: [email protected]

The post Slovakia Publishes Groundbreaking Report on Illegal Online Gambling appeared first on European Gaming Industry News.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Bell Link

efbet already offers EGT Digital’s games to its customers in Greece

Published

on

efbet-already-offers-egt-digital’s-games-to-its-customers-in-greece

Reading Time: < 1 minute

EGT Digital and efbet once again expanded their successful partnership, after the leading operator has added the provider’s gaming content to its Greek site. As a result, visitors to efbet.gr can now enjoy the top-performing slot titles from Bell Link and Clover Chance jackpots.

“We are very happy that our collaboration with efbet is so fruitful and after Bulgaria and Romania our games are available to their Greek customers as well,” commented Tsvetomira Drumeva, Head of Sales at EGT Digital. “I believe that our slots will captivate local players with their wide thematic diversity and numerous bonuses and will demonstrate impressive results that will cement our position as one of the operator’s most preferred providers of iGaming solutions.”

efbet team also expressed satisfaction with the deal: “It is of crucial significance for us to provide our customers with access to the best gaming content in all markets where we operate. Our partnership with EGT Digital is an important step towards achieving this goal. I am confident that their games in Greece will once again show an excellent performance, meeting and even outperforming our expectations.”

The post efbet already offers EGT Digital’s games to its customers in Greece appeared first on European Gaming Industry News.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Darya Autukhovich Head of Casino Platform Business Operations at SOFTSWISS

SOFTSWISS Unveils Interactive Tool to Estimate Online Casino Costs

Published

on

softswiss-unveils-interactive-tool-to-estimate-online-casino-costs

Reading Time: 2 minutes

SOFTSWISS, a leading international technology provider with over 15 years in the iGaming sector, has developed a free online tool to help operators estimate budget components and time-to-market scenarios for opening an online casino in 2025. The Online Casino Cost Calculator turns SOFTSWISS expertise into a practical tool for early-stage business planning. 

Designed to turn guesswork into structured planning for both newcomers and experienced operators, the Online Casino Cost Calculator offers a comprehensive cost analysis for opening and running an online casino. 

The Calculator offers two modes – Quick Mode for high-level estimation and Full Mode for a deeper forecast. It enables the calculation of key budget components, including platform costs, game content expenses, payment processing fees, hosting charges, and marketing spend. Powered by user input, the tool delivers clear, structured insights that reduce uncertainty and accelerate partners’ go-to-market.

“We understand that support in the launching process is crucial. The Online Casino Cost Calculator uses a data-informed approach to deliver the clarity needed to make the right decisions. It gives businesses of all sizes the notion of how to explore new markets or start new projects, offering equal value to experienced operators and newcomers alike,” said Darya Autukhovich, Head of Casino Platform Business Operations at SOFTSWISS.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The Online Casino Cost Calculator makes the process intuitive with step-by-step guidance that shows how different inputs affect overall projections. To simplify deeper planning, it also provides a downloadable P&L template with projected revenue, costs, and profit over 12 months. Backed by SOFTSWISS hands-on experts, partners receive guidance at every stage – from business planning to launch and growth.

Following the successful launch of the Sportsbook Budget Calculator, SOFTSWISS extends its growing suite of expert tools. Among other recent initiatives is the Gambling Regulation Directory, designed to guide operators through the global regulatory landscape. 

 

About SOFTSWISS

SOFTSWISS is an international technology company with over 15 years of experience in developing innovative solutions for the iGaming industry. SOFTSWISS provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Casino Platform, the Game Aggregator with over 35,000 casino games, Affilka Affiliate Platform, the Sportsbook Software and the Jackpot Aggregator. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The post SOFTSWISS Unveils Interactive Tool to Estimate Online Casino Costs appeared first on European Gaming Industry News.

Continue Reading

Bacon Bankroll

Prepare to rack up piggy profits in Relax Gaming release Bacon Bankroll

Published

on

prepare-to-rack-up-piggy-profits-in-relax-gaming-release-bacon-bankroll

Reading Time: < 1 minute

Relax Gaming, the iGaming aggregator and supplier of unique content, is heading to the trading floor in Bacon Bankroll, a sizzling Wall Street themed slot where stacked symbols, split wins and static jackpots offer plenty of potential to bring home the bacon in style.

This medium volatility 5×3 slot can sees wilds lands on reels two to five to help form winning combinations while high-paying symbols can appear as split symbols, creating lines of up to ten symbols at once.

Free Spins are triggered whenever three or more scatter symbols land, awarding up to a maximum of 18 spins depending on how may scatter appear on the reels. Once inside the Free Spins bonus, all wins are boosted by a 3x multiplier, while high-paying symbols are split and stacked, offering even more ways to pile up the profits.

At any given moment during gameplay, a random Wheel Bonus can spin, awarding one of five prizes, as fixed Rapid, Minor, Midi, Major and Mega jackpots all scale with the player’s bet.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Get ready to fatten your pork-folio as Bacon Bankroll promises to be one of the meatiest releases of the year!

Tony O’Mahony, Chief Product Officer at Relax Gaming, said: “Bacon Bankroll is playful on the surface but serious where it counts, offering split and stacked symbols and a lucrative Wheel Bonus that keeps the excitement high on each and every spin.

“Combine those with 3x multipliers during Free Spins and a top prize north of 5,000x, and you have another crowd-pleasing release from Relax Gaming that is easy to pick up and incredibly satisfying to play.”

The post Prepare to rack up piggy profits in Relax Gaming release Bacon Bankroll appeared first on European Gaming Industry News.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania