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Belarus Online Gambling May Not Meet Expectations

The Sports and Tourism Ministry is responsible for gambling-sector licenses. There are four licensing categories: lotteries, slots, bookmakers, and casinos. The country is currently home to 30 casinos. Recent moves to change the shape of the gambling sector have included a proposal, made in July, calling for the minimum legal age of gambling to be increased from 18 to 21. And a commitment for licenses to be issued for online casino operators in the state has been talked about for some time now.

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We also see that players around the world have long playing sessions with our games and that they return to their favorite slots,” says Nyman. In other words, whereas slots with high holds will often dissuade players from returning, NetEnt slots promote player loyalty. For the online casino operator, regular players that grind 97% machines are more valuable than those who get destroyed playing a 90% machine, never to return. For players, they have a much better playing experience on the 97%, and enjoy a significantly greater chance of having a winning session. Pennsylvania, slated to launch its first online casinos in the coming months , will prove a challenging market for operators, due primarily to an onerous 54% tax rate on slot revenue. However, NetEnt remains enthusiastic about the opportunity. As per Nyman, “We are very excited to enter the Pennsylvania market despite the taxation legislators have set. With a mix of table games which are taxed around 17.5%, we get an effective tax rate significantly lower than 54%. We also have hopes that the taxation will be reduced over time and our ambition is to provide our games to Pennsylvania players from day one.” There’s a common misconception in the industry that online casino operators can simply ask their slot providers to adjust the RTPs of their games and the provider will instantly oblige. And while some developers do offer a couple of different tiers to their clients, NetEnt stays the course with fixed RTPs. Nyman verified this: “NetEnt games are developed through a thorough R&D process and games are designed for a specific RTP model that we believe is optimal for the player experience and excitement.

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