CIS and Baltic states market focus: Belarus
In the penultimate part of this five-part series, EGR Compliance examines emerging gambling markets for operators in the CIS region and Baltic states, in partnership with law firm Dentons
EGR ComplianceTermLicense feeCosts
- advertise gambling on TV and radio from 7 am to 10pm;
- place advertising in mass media targeted at people under 18-years-old or focused on ecology, education, healthcare;
- educational institutions, healthcare organisations, culture, physical education, sports (with the exception of the premises of betting shops and totalisators located on their territory);
- create the impression that winnings are guaranteed for each participant of these events;
- there is a very specific payment model in Belarus called the automated information system of the unified settlement and information space for individuals and legal entities (“ERIP” settlement and information space) and system “Raschet” (calculation, payment or settlement), which is akin to Russian TSUPIS but covers the whole payment system of Belarus;
- it is necessary to find a Belarusian partner in order to obtain a licence in Belarus as current gambling legislation provides for the two-years’ experience requirement.