Montenegro Steps Up to Centre Stage for iGaming at the First EGC

Montenegro will take iGaming’s centre stage at the upcoming inaugural European Gaming Congress EGC.

Big Casino Player

Little known to the outside world, Montenegro actually features more than its share of amazing casinos, with several prominent jewels on the Montenegrin Coast.

The Online Frontier

However, the online space is a new and uncharted area for the region—enter EGC.

Online gaming has been legal in Montenegro since October 2011, with Montenegro’s Games of Chance Administration commencing the issuance of online gaming licences in January 2012.

Appealing to Licencees

In a concerted effort to attract investors, the Government of Montenegro simplified the licensing procedure by minimizing capital requirements.

At this juncture, operators who obtain gaming licences in Montenegro are capable of offering a full range of entertainment stretching across slots, sports betting, poker and other card games, and live casino as well as other web-based games of chance, with lottery licenses being the only form of license the Montenegro government does not issue.

Licensing packages have the relatively friendly price starting at €25,000 for the first year with renewals costing €15,000, along with a relatively modest income tax rate of 9%.

Advantages in Montenegro

The advantages of obtaining online gaming licences are visible in the manner in which licensed operators can gain quick access to global markets, but work needs to be done to integrate the rush to access with player interests and comprehensive protections.

Key Panel Speakers

That is why the inaugural edition of European Gaming Congress will feature Ms. Tatjana Scepanovic sharing her insights and expert opinion on the Montenegro industry and landscape.

Tatjana will be joined by Zoran Puha of the European Organization for Gaming Law –EOGL in the panel entitled “Highlighting the Balkans and Southeast Europe.”

With degrees of Bachelor of Economy and Specialist in Marketing Management, Sepanovic brings 17 years of experience in the games of chance sector as well as Secretary General of Montenegro Bet since 2012.

Outlook

The full list of speakers still has yet to be announced, and further developments should be monitored closely and registration spots grabbed up before they disappear.