Serbia has adopted new gambling industry laws that will attempt to combat widespread money laundering. Regulation will, according to Serbian Gaming Board director Aleksandar Vulovic, “control online gaming”, “allow electronic monitoring of operators”, and “streamline taxation of the industry.” Details are sparse with one of the few details that licenses will be for a 10-year period. The Serbian government is seeking better regulation of their market with unregulated firms outnumbering others by two-to-one. Trade association JAKTA is backing the new regulations, president Mirjana Acimovic adding: “In our opinion, the most important aspect of this new law is that the Serbian government has decided to strengthen its Gaming Board and to assist it in every way.”
GTECH G2 is to partner with Xorti to launch two new gaming industry sites. Pokerleaders and SpinWinners will benefit from GTECH G2’s Gaming Management System (GNS) and the company’s poker and casino products that have a proven track record.