{"id":4938,"date":"2024-03-12T19:51:53","date_gmt":"2024-03-12T19:51:53","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=4938"},"modified":"2024-03-12T19:51:58","modified_gmt":"2024-03-12T19:51:58","slug":"montenegros-gambling-faces-challenges-with-new-restrictions","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2024\/03\/12\/montenegros-gambling-faces-challenges-with-new-restrictions\/","title":{"rendered":"Montenegro’s Gambling Faces Challenges with New Restrictions"},"content":{"rendered":"\n

According to Jovana Klisi\u0107<\/strong>, a representative of the trade association Montenegro Bet, recent changes in Montenegro’s gambling legislation have raised serious concerns in the gambling business.<\/p>\n\n\n\n

The changes, particularly the ban on various electronic betting payment methods, mean the sector is at a turning point.<\/p>\n\n\n\n

The amendment to Article 68f prohibits the use of electronic banking and mobile payments to deposit money into gambling accounts, effectively limiting players to cash deposits at bookmakers or card payments at POS terminals. The amendments angered gambling operators and players and collected 25,000 signatures in five days.<\/p>\n\n\n\n

Jovana Klisi\u0107<\/strong> warns of the dire consequences these restrictions could have on employment within the gambling sector, which directly and indirectly sustains nearly 2% of Montenegro\u2019s workforce. \u201cAny negative impact on this industry could have very harmful and far-reaching consequences,\u201d Klisi\u0107 cautioned, emphasizing the threat to job security and the broader economic stability of the country.<\/p>\n\n\n\n

\u201cThe removal of ebanking and newsagents for deposits, despite their compliance and transparency, not only affects operational efficiency but also jeopardises jobs, echoing the detrimental effects on the broader economy of Montenegro.\u201d<\/p>\n\n\n\n

Considering Montenegro’s pro-European position and its candidacy for EU membership, the amendments also appear to be inconsistent with EU legal norms; Klisic pointed out inconsistencies with the EU Payment Services Directive.<\/p>\n\n\n\n

Don\u2019t forget to subscribe to our Telegram-channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

According to Jovana Klisi\u0107, a representative of the trade association Montenegro Bet, recent changes in Montenegro’s gambling legislation have raised serious concerns in the gambling business. The changes, particularly the ban on various electronic betting payment methods, mean the sector is at a turning point. The amendment to Article 68f prohibits the use of electronic […]<\/p>\n","protected":false},"author":6,"featured_media":4939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[21,5,1],"tags":[7619,5056,7624,7618,7616,7623,2106,7620,7622,642,7617,7625,7626,7621],"class_list":["post-4938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-features","category-gambling","category-news","tag-amendment-to-article-68f","tag-changes-in-legislation","tag-electronic-banking","tag-electronic-payment-methods","tag-financial-whirlwinds","tag-gambling-accounts","tag-gambling-industry","tag-jovana-klisic","tag-mobile-payments","tag-montenegro","tag-montenegro-bet","tag-payment-restrictions","tag-player-restrictions","tag-turning-point"],"yoast_head":"\nMontenegro's Gambling Faces Challenges with New Restrictions - SBC EURASIA EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2024\/03\/12\/montenegros-gambling-faces-challenges-with-new-restrictions\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Montenegro's Gambling Faces Challenges with New Restrictions - SBC EURASIA EN\" \/>\n<meta property=\"og:description\" content=\"According to Jovana Klisi\u0107, a representative of the trade association Montenegro Bet, recent changes in Montenegro’s gambling legislation have raised serious concerns in the gambling business. 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