By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Republika Srpska National Assembly adopted the Law on Games of Chance!
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > Republika Srpska National Assembly adopted the Law on Games of Chance!
BUSINESS

Republika Srpska National Assembly adopted the Law on Games of Chance!

Published: March 13, 2019
Share
SHARE

Deputies of the Republika Srpska National Assembly (NSRS) put the Law on Games of Chance on an urgent agenda in the session held on Tuesday night.

Seven amendments of the ruling coalition (SNSD, DNS, Socialist Party, DEMOS and United Republika Srpska) were adopted, among which the Games of Chance were organized by the “Lutrija RS” alone or in co-operation with other companies through the formation of a joint a company in which “Lutrija has at least 51 percent of participation and decision-making, with the prior consent of the Government.

SDS amendments were not accepted, and support was given to PDP amendments.

The law has caused controversial attitudes of authorities and opposition to whether it is beneficial to lobbyists or privileged companies when it comes to arranging games of chance.

Entrepreneurial Finance Minister Zora Vidovic said the aim of the law was to improve the supervision in this area and to develop the volume of business in games of chance, and thus increase budget revenues this year by 30 million BAM, and in the next and 60 million.

“The aim is also to strengthen the role of the ‘Lutrija RS’ public company and to introduce an electronic system to supervise the games organizers,” said Vidovic.

On March 11th, bet shops in Republika Srpska closed their premises in protest of the government and the National Assembly of Republika Srpska, one of the entities in Bosnia and Herzegovina.

“If the National Assembly of RS adopts the Gaming Law on Tuesday, we are forced to close. Specifically, this means that 2,500 of our workers will be left out of work, and the RS itself will remain without a budget of 60 million in budget, how much it gets annually from the lottery,” the organizers said earlier.

The RS government deemed the issue an urgent procedure meaning the government does not have to hold a public debate on the issue. If passed, the RS Ministry of Finance will have control over all gambling in the region.

Gambling companies are opposed to the increased regulation from the government, and they are also worried about having to pay more in tax. Premier Sport Betting believes the new rules will greatly impact their profit margins.

The Ministry of Finance wants more control as gambling shifts to the online venue, and in a press release the ministry said they are aiming to improve betting in the region. The government wants to strengthen the Lottery of Republika Srpska Banja Luka, the national lottery to a similar standard of surrounding countries.

Premier says the government has poorly communicated the new regulations, and they are attempting to make the case that jobs will be lost due to the new regulations.

 

 

Ambassador of Germany visited Court of Bosnia and Herzegovina
Petraeus: We wouldn’t have invested a billion Dollars if we didn’t believe in Success
One of the leading Businessmen talks about successful Business 
EUFOR clarifies Ukrainian Participation in BiH
EUFOR undertook an Exercise to regain an occupied Weapon Storage Site
TAGGED:#assembly#BiH#national#RS
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article NATO and BiH concluded Agreement for Protection of Classified Information
Next Article Antonio Guterres supports Mothers of Srebrenica and Zepa Enclaves
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

Calgary Declares July 11, 2026 as Day of Remembrance for Victims of the Srebrenica Genocide
June 16, 2026
The Government of RS is planning a new Debt of 800 Million BAM
June 16, 2026
The Government of the Federation of Bosnia and Herzegovina Determines the Maximum Margin Level
June 16, 2026
EU Calls on BiH to Strengthen Rule of Law and Advance Key Reforms on the Path to EU Membership
June 15, 2026
High-level OSCE conference to address current security challenges across the OSCE area
June 15, 2026
The Price of oil is Falling, Stock Markets around the World strengthened
June 15, 2026
The Government of the Federation of BiH approved the Draft Law on Gas
June 15, 2026
European Parliament to discuss BiH and the rest of the WB
June 15, 2026
Pro-Bosnian Parties Unite in RS, Sign Cooperation Agreement
June 15, 2026
FIFA confirms the Refereeing Team for BiH Switzerland Match
June 15, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?