Serbia Creates Brand New and Well-Regulated Laws Concerning Online Gambling

On November 22, 2011, the European country of Serbia adopted their own set of gambling laws. The objective of these laws is to decrease the total number of various illegal operators in the country, and combat money laundering – a problem in Serbia that is tied to online gambling.

JAKTA, the trade association in Serbia, welcomed in this new legislation and had a meeting with the Serbian Gaming Board right after it was passed. JAKTA remains optimistic and believes they were quite thorough during their relevant fact gathering mission. They believed it was important to research the gaming marketplace to come up with their facts. JAKTA met with a number of testing partners and compared various regulatory models throughout the European Union. In the end JAKTA retained information to lobby in the Serbian government for a market that is well-regulated.

Whole article you can read here.