1. The online gambling industry of Serbia and its opportunities
Mirjana Aćimović, President of the first Serbian representative association of gaming industry JAKTA and Chair of EUROMAT’s Social Responsibility in Gaming Committee
20th of Sptember, BUDAPEST

2. Introduction
Serbia's new gambling act entered into force in December 2011 and ended the state lottery’s online monopoly.
In May 2014, INSTRUCTION on the procedure and details of compliance tests information of the equipment for games of chance via the means of electronic communication was adopted.

3. Introduction
The formal conditions of the Military Technical Institute as an authorized laboratory, alow to initiate the formal procedure of receipt of the request for obtaining certificates of organizers of games of chance via means of electronic communication.

4. Short info on conditions for ON line gambling operation in Serbia
SHARE CAPITAL - 250,000 Euros
BANK GUARANTEE - 150,000 Euros
INFORMATION EQUIPMENT ON THE TERRITORY OF THE REPUBLIC OF SERBIA OR "HARDWARE" AND "SOFTWARE“ WHICH ALLOWS AUTOMATIC EXCHANGE OF DATA WITH THE SERVER ADMINISTRATION. (This does not exist)
APPROVAL OF THE ORGANISATION is VALID TEN YEARS

5. Short info on conditions for ON line gambling operation in Serbia
Taxation
There are two kind of MONTHLY fees:
The fee for the APPROVAL OF THE ORGANISATION OF ALL TYPES OF GAMES OF CHANCE VIA THE MEANS OF ELECTRONIC COMMUNICATIONS IN THE TOTAL AMOUNT OF 2,500 EUROS PER MONTH

6. Short info on conditions for ON line gambling operation in Serbia
Taxation
There are two kind of MONTHLY fees:
The fee FOR THE ORGANISATION OF GAMES OF CHANCE - BETTING ONLINE IN MONTHLY AMOUNT OF 15% ON BASE, AND FOR OTHER GAMES OF CHANCE VIA THE MEANS OF ELECTRONIC COMMUNICATIONS IN THE AMOUNT OF 5% ON BASE, WHICH MAKES THE DIFFERENCE BETWEEN TOTAL REALIZED AND TOTAL PAYMENT pAYMENT OF GROSS, provided that the total compensation amount may be less than the dinar equivalent of 7,500 euros per month.

7. Short info on conditions for ON line gambling operation in Serbia
CERTIFICATION PROCESS
LABORATORY - VOJNOTEHNIČKI INSTITUT – International CERTIFICATES ACCEPTED - CERTIFICATION PROCESS TAKES slightly shorter, but still need to pay fee. Operators payed arround € for the certification process

8. Short info on conditions for ON line gambling operation in Serbia
CERTIFICATION PROCESS
The certification process can last from 2 MONTHS TO 6 MONTHS

9. Types of games Casino games live – Baccarat, Roulette, Blackjack, etc.
Table games – European, American Roulette, Blackjack, Baccarat, etc.
Slot machine with or without jackpot
Betting - sports
Betting on horse and dog races
Betting on numbers
Esports
Virtual sports

10. Payments
Visa
Mastercard
Diners
Skrill
Serbian Post
Advance payment

11. Market overwiev
There is less than 10 companies with license, all of them domestic operators
There are lots of foreign sites for on line gambling
In Serbia, since last year there is ban for payments to any foreign site that has links to online gambling
There is no prosecution for players or companies if playing or providing on line gambling without license
There are some issues which are not illegal but not regulated and tolerated.

12. Culture of gambling and gambling perception in Serbia
Gambling is accepted as form of social life, leisure. There is no moral judgments.
Regarding difficult life situation – gambling perception is that it is form of earning
All forms of gambling raised the standard of services and offers
Business is ensuring constant improvement and there is need for recognition of corporate responsibility and consumer protection.

13. Serbian gambling market – Next level
Market is expected to reshape after new gambling law
This means that it will probably be even more liberal but also will adopt and implement EU standards, principles and codes of business
Companies are seeking and trying to establish dialogue with the relevant authorities, government and other stakeholders in the field when applying the above principles and in the process industry will be more transparent.

14. Thank you! http://www.mirjanaacimovic.com/
Mirjana Aćimović, President of the first Serbian representative association of gaming industry JAKTA and Chair of EUROMAT’s Social Responsibility in Gaming Committee
20th of Sptember, BUDAPEST