Serbian market update with Zoran Puhač, European Organization for Gaming Law (EOGL) at European Gaming Congress 2018

Ljubljana – 13 August 2018 – Starting with 2012, the year in which Serbia received associate membership in the European Union, the country started bringing the gambling business out of the shadow economy.

To bring gambling out of the shadow economy, Serbia demanded that all gambling establishments should obtain licenses from the Ministry of finance. At the same time, very favorable conditions for running gambling activities have been created. All types of gambling starting from land-based casinos, slot machine halls to betting shops, and online gambling were allowed to operate.

One of the advantages of running a gambling business in Serbia is a very low gambling income tax which is just 5%.

Currently, the gambling industry has just started to develop in Serbia, but due to low tax rates, it actively attracts foreign investors. The country allows all types and forms of gambling