Montenegro to ban electronic payment methods for gambling
Friday 15 de March 2024 / 12:00
⏱ 1 min read
(Montenegro).- Customers would no longer be able to fund their betting accounts with ebanking or mobile payments; they could only deposit funds with a card at a wagering shop terminal or in-person at a betting shop.
Customers would no longer be able to fund their betting accounts with ebanking or mobile payments; they could only deposit funds with a card at a wagering shop terminal or in-person at a betting shop. In opposition to these modifications, the trade association Montenegro Bet has submitted a petition, stating that Montenegro plans to adopt EU law and that these changes are illegal.
The group issues a warning, stating that a prohibition of this kind may seriously affect the nation’s enterprises and perhaps result in job losses.
Representing Montenegro Bet, Jovana Klisić underlined the industry’s significance to the nation’s economy, as it employs close to two percent of the labor force. According to Klisić, the prohibition on e-banking for deposits has negative consequences not just for job security and operational efficiency but also for the wider economy of Montenegro, even though it is transparent and compliant.
The trade organization further emphasized that the proposed revisions contradict the advice of AML watchdogs such as Moneyval and the Financial Action Task Force, as well as many EU law regulations.
Categoría:Legislation
Tags: Sin tags
País: Serbia and Montenegro
Región: EMEA
Event
GAT EXPO CARTAGENA 2026
24 de March 2026
NOVOMATIC drives the growth of the Colombian market at GAT Cartagena 2026
(Cartagena).- Following a standout participation at GAT Cartagena 2026, NOVOMATIC Gaming Colombia reaffirmed its leadership in the Latin American gaming industry by combining a strong technological showcase with the launch of linked progressive jackpots and active involvement in regulatory discussions shaping the future of the slot machine sector in the country.
Thursday 02 Apr 2026 / 12:00
Trade Associations and Governments in Latin America: The Gaming Sector Calls for Technical Dialogue and Regulatory Predictability
(Cartagena de Indias, SoloAzar Exclusive).- Cartagena de Indias was the stage for an intense debate on the role of gaming associations in shaping public policy, where regional leaders agreed on the need to strengthen dialogue with governments, warned about unilateral decisions that affect the sustainability of the industry, and proposed an evolution of trade associations into key technical actors in the region.
Wednesday 01 Apr 2026 / 12:00
Technology, AI and Traceability: Keys to the Future of Gaming at the GAT Expo Cartagena Suppliers Panel
(Cartagena de Indias, SoloAzar Exclusive).- Within GAT Expo Cartagena 2026, technology sector leaders analyzed the challenges and opportunities of the gaming industry during the panel “Innovation, Traceability and Control”.
Tuesday 31 Mar 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.