Online Scratch Cards are taking a turn for the better. Serbia has become the latest country in Europe to pass gambling laws. On November 22nd the law was passed aiming to regulate the previously unregulated market. Serbia was notorious for its illegal gambling and serious problem of money laundering associated with the gambling industry.
The new laws have been welcomed by JAKTA which is a Serbian trade association They have long been strong supporters of a well regulated gambling market.
Serbia has long suffered from a huge black market problem which has taken most of the gambling revenues in the past away from the State. The new laws are aimed at clamping down on illegal operators and making sure that the government benefits from gambling taxation and at the same time making sure that the illegal operators brought in line.
The director of Serbian Gaming Board voiced satisfaction with the new law which will open up the online gaming market and address key issues of legal controls and taxation.
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