This document summarizes Serbia's regulations on internet gambling passed in 2011 and 2013. It legalized and regulated internet gambling, opening the market to private operators with strict licensing requirements. Operators must have €250,000 in capital, pay monthly fees of €2,500, and 15% of profits. Technical requirements ensure games are fair and transparent. This allows reputable international companies to invest, creating jobs and tax revenue while preventing criminal infiltration of the industry.
This document provides details of a standby letter of credit (SBLC) issued by PLG Capital Bank Ltd. The SBLC is for EUR 50 million in favor of PT Bank Rakyat Indonesia to secure payment obligations of PT Sarana Bhakti Mandiri to the bank. Key details include the SBLC number, dates of issue and expiration, terms of payment, and authentication requirements for drawing funds. The message was digitally signed for transmission via SWIFT.
This document is a loan agreement between a loan lender and loan applicant. It details the procedures for providing a loan to the applicant using a bank draft, including:
1) The applicant will provide a €500,000 bank guarantee as collateral and receive the bank draft details.
2) The loan will be disbursed in two parts - 30% initially when the bank accepts the draft, and 70% after the applicant pays fees of 3% and 5% of the loan amount.
3) The loan is for €500,000 over 5 years at 8% interest, with the lender taking 49% ownership of the applicant's company until repayment is complete.
1. The Bench comprising of Three Hon'ble Lordships of Hon'ble Apex Court in the case of Jai Prakash v/s National Insurance Com. Ltd, reported in 2010 (2) GLR 1787 (SC) has given directions to Police and Tribunals regarding motor accident claim petitions.
2. The Police are required to forward to the Claims Tribunal an "Accident Information Report" within 30 days of registering an FIR for a motor accident. They must collect additional details about the victim/claimant and provide documents like the FIR, site sketch, driving license, insurance policy, and post-mortem report (if applicable).
3. The Claims Tribunals must register the
Motor Accident Claim Petitions - MACP - Reference Manual updated upto April, ...Legal
This document is updated upto April, 2015. Few new judgments, details of rates of minimum wages applicable in State of Gujarat, topics concerning 'No fault Liability' u/s 140, registration certificate etc are added.
This document mainly concerning the cases where Insurance Company can be held liable and under which circumstances Insurance Company can be exonerated.
If you find any mistake in Motor Accident Claim Petition Reference Manual (MACP Reference Manual) kinndly let me knoe, I will be glade to correct it.
This document is an agreement between Jordan Ahli Bank and its customers regarding the provision of payment services. It outlines the terms and conditions for various payment services provided by the bank including credit transfers, cash withdrawals and deposits, and direct SEPA debits. It defines key terms related to payment services and transactions. It also specifies timeframes for execution of payment orders, generally requiring crediting of funds to the payee's account by the next business day for euro transactions within the EU.
502 chris ipi pxam (1) 171018-3 poprav-1-151218 m.-2smith s
dear friend
we have ipip or ip id sender for cash funds of €100,000,000,000,000.00(ONE HUNDRED TRILLION EURO)
looking for revceiver
ipip or ipid
100trillion
€100,000,000,000,000.00(ONE HUNDRED TRILLION EURO)
we have sender and looking for receiver
if you are interested then we will send the contract
WE ARE SEEKING FOR A PRESENTABLE RECEIVER
Sign and seal DOA and RWA and bring it back to me.
link
https://docs.google.com/document/d/1on8DS29Co6FEjMVf475bxQb-t-aLBzbuquhECUi3aVk/edit?usp=sharing
THANKS
REGARDS
RANGA RAO KONUGANTI
PLEASE CALL ME TO MY WhatsApp No. +91 6305726465 OR Mobile NO. +91 846 690 0152
MAIL TO rangaraohome@gmail.com AND COPY TO konugantivss@rediffmail.com and raoranga6514@yahoo.co.in
NOTE : MY SKYPE ID RANGARAOHYD IS WORKING now pl. call me
GOOGLE TALK : rangaraohome
yahoo messenger : raoranga6514
link
https://docs.google.com/document/d/1on8DS29Co6FEjMVf475bxQb-t-aLBzbuquhECUi3aVk/edit?usp=sharing
This document summarizes amendments made to the Kerala Gaming Act of 1960 by the Kerala Gaming (Amendment) Act of 2005. The key amendments include:
1. Defining online lotteries and distinguishing them from paper lotteries.
2. Increasing penalties for offenses related to online gambling, including higher fines and longer imprisonment terms.
3. Requiring offenses related to online lotteries to be tried summarily in court and be treated as non-bailable.
This memorandum of understanding is between Ballford Sales LLP and Maju Selangor Development (M) Berhad regarding the delivery of a 100 million euro SWIFT MT103 one way cash-backed amount. Ballford Sales will issue the MT103 through PJSC UNIKOMBANK to Maju Selangor's account at BANK ISLAM MALAYSIA BERHAD. The funds are intended for a joint venture agreement between the parties. The memorandum outlines the instrument details, procedures for delivery and receipt of the MT103, and signatures from representatives of both companies agreeing to the terms.
This document provides details of a standby letter of credit (SBLC) issued by PLG Capital Bank Ltd. The SBLC is for EUR 50 million in favor of PT Bank Rakyat Indonesia to secure payment obligations of PT Sarana Bhakti Mandiri to the bank. Key details include the SBLC number, dates of issue and expiration, terms of payment, and authentication requirements for drawing funds. The message was digitally signed for transmission via SWIFT.
This document is a loan agreement between a loan lender and loan applicant. It details the procedures for providing a loan to the applicant using a bank draft, including:
1) The applicant will provide a €500,000 bank guarantee as collateral and receive the bank draft details.
2) The loan will be disbursed in two parts - 30% initially when the bank accepts the draft, and 70% after the applicant pays fees of 3% and 5% of the loan amount.
3) The loan is for €500,000 over 5 years at 8% interest, with the lender taking 49% ownership of the applicant's company until repayment is complete.
1. The Bench comprising of Three Hon'ble Lordships of Hon'ble Apex Court in the case of Jai Prakash v/s National Insurance Com. Ltd, reported in 2010 (2) GLR 1787 (SC) has given directions to Police and Tribunals regarding motor accident claim petitions.
2. The Police are required to forward to the Claims Tribunal an "Accident Information Report" within 30 days of registering an FIR for a motor accident. They must collect additional details about the victim/claimant and provide documents like the FIR, site sketch, driving license, insurance policy, and post-mortem report (if applicable).
3. The Claims Tribunals must register the
Motor Accident Claim Petitions - MACP - Reference Manual updated upto April, ...Legal
This document is updated upto April, 2015. Few new judgments, details of rates of minimum wages applicable in State of Gujarat, topics concerning 'No fault Liability' u/s 140, registration certificate etc are added.
This document mainly concerning the cases where Insurance Company can be held liable and under which circumstances Insurance Company can be exonerated.
If you find any mistake in Motor Accident Claim Petition Reference Manual (MACP Reference Manual) kinndly let me knoe, I will be glade to correct it.
This document is an agreement between Jordan Ahli Bank and its customers regarding the provision of payment services. It outlines the terms and conditions for various payment services provided by the bank including credit transfers, cash withdrawals and deposits, and direct SEPA debits. It defines key terms related to payment services and transactions. It also specifies timeframes for execution of payment orders, generally requiring crediting of funds to the payee's account by the next business day for euro transactions within the EU.
502 chris ipi pxam (1) 171018-3 poprav-1-151218 m.-2smith s
dear friend
we have ipip or ip id sender for cash funds of €100,000,000,000,000.00(ONE HUNDRED TRILLION EURO)
looking for revceiver
ipip or ipid
100trillion
€100,000,000,000,000.00(ONE HUNDRED TRILLION EURO)
we have sender and looking for receiver
if you are interested then we will send the contract
WE ARE SEEKING FOR A PRESENTABLE RECEIVER
Sign and seal DOA and RWA and bring it back to me.
link
https://docs.google.com/document/d/1on8DS29Co6FEjMVf475bxQb-t-aLBzbuquhECUi3aVk/edit?usp=sharing
THANKS
REGARDS
RANGA RAO KONUGANTI
PLEASE CALL ME TO MY WhatsApp No. +91 6305726465 OR Mobile NO. +91 846 690 0152
MAIL TO rangaraohome@gmail.com AND COPY TO konugantivss@rediffmail.com and raoranga6514@yahoo.co.in
NOTE : MY SKYPE ID RANGARAOHYD IS WORKING now pl. call me
GOOGLE TALK : rangaraohome
yahoo messenger : raoranga6514
link
https://docs.google.com/document/d/1on8DS29Co6FEjMVf475bxQb-t-aLBzbuquhECUi3aVk/edit?usp=sharing
This document summarizes amendments made to the Kerala Gaming Act of 1960 by the Kerala Gaming (Amendment) Act of 2005. The key amendments include:
1. Defining online lotteries and distinguishing them from paper lotteries.
2. Increasing penalties for offenses related to online gambling, including higher fines and longer imprisonment terms.
3. Requiring offenses related to online lotteries to be tried summarily in court and be treated as non-bailable.
This memorandum of understanding is between Ballford Sales LLP and Maju Selangor Development (M) Berhad regarding the delivery of a 100 million euro SWIFT MT103 one way cash-backed amount. Ballford Sales will issue the MT103 through PJSC UNIKOMBANK to Maju Selangor's account at BANK ISLAM MALAYSIA BERHAD. The funds are intended for a joint venture agreement between the parties. The memorandum outlines the instrument details, procedures for delivery and receipt of the MT103, and signatures from representatives of both companies agreeing to the terms.
The document provides an investor information summary for S.C. Pangiran Budi Service S.R.L. It includes details about the principal such as name, nationality, passport information, date of birth, occupation, business details, and contact information. It also lists bank drafts totaling USD 440 million and affirms that the information provided is true and accurate and that the funds comply with anti-money laundering policies.
SMS banking fraud exploits vulnerabilities in SMS-based banking services. Malicious users can steal individuals' financial data or control their bank accounts by collecting phone numbers from places like cash registers or social engineering victims into providing account details. Attackers use this information to conduct fraudulent transactions or trick victims into authorizing withdrawals. Banks can better prevent fraud by requiring IMSI verification linked to accounts rather than relying only on phone numbers or partial card details for authentication. Users should enable transaction notifications and two-factor authentication to protect their accounts.
This document is a financial agreement between KAIBAC AG and AGRISURE for an investment of up to €150 million. KAIBAC AG will transfer funds from its Deutsche Bank account to AGRISURE's First National Bank account via SWIFT. AGRISURE will then distribute 50% of the funds within 72 hours for reinvestment purposes. The agreement details the parties, bank account information, procedures for fund transfers and distributions, representations and warranties, and signatures accepting the terms.
SMS banking fraud can occur through social engineering or technical attacks. Malicious users can collect customers' personal data from cash registers or mobile providers to impersonate them. They trick victims into sending money to wrong numbers or approve fraudulent transactions. Banks are vulnerable if they only verify transactions by phone number or partial card details. Customers should enable OTP notifications and verify all transactions to avoid becoming victims of SMS banking fraud.
Remote gambling bill of South Africa. April 2014Market Engel SAS
The document provides notice that Geordin Gwyn Hill-Lewis MP intends to introduce a private member's bill to regulate remote gambling in South Africa. It invites interested parties to submit representations on the draft Remote Gambling Bill within 30 days. The draft bill and memorandum outlining its objectives are included in the schedule.
Schleswig Holstein Gaming Act_English version_Oct 2011_fnlMarket Engel SAS
This document is the Schleswig-Holstein Gaming Act from October 20, 2011. It establishes a regulatory framework for public gaming in Schleswig-Holstein, Germany. The Act aims to ensure gaming occurs in an orderly, fair, and responsible manner that protects gamblers, prevents addiction, and maintains integrity in sports betting. It defines key terms like gaming, land-based gaming, online gaming, lotteries, betting, casinos, and payment. The Act covers approval procedures, player protections, gaming supervision, duties and taxes, and temporary and final provisions related to implementing the regulatory framework.
It is our view that Romanian laws are modern, efficient, fair, completely functional and aligned to the regulations of other successful states in this sector, such as Malta, Denmark or the UK. It is nevertheless true that the current laws are still perfectible, as per the opinion of other industry
stakeholders.
Cristian RADU, Partner at Țuca Zbârcea & Asociații
Gabriel IANCULESCU, Associate at Țuca Zbârcea & Asociații
This memorandum explains the importance of an Identity Theft Report for identity theft victims. An Identity Theft Report, which is a police report containing details of the identity theft, allows victims certain protections under the Fair Credit Reporting Act. These protections include blocking fraudulent information on credit reports and preventing collection of debts resulting from the identity theft. The memorandum provides guidance to law enforcement on creating a detailed Identity Theft Report by incorporating an identity theft complaint to fully assist victims.
This document provides information about banking operations related to government receipts in Pakistan. It discusses how the State Bank of Pakistan is obligated to accept money for the central and provincial governments. It outlines the various types of government receipts like taxes, duties, and savings. It describes the process for accepting cash and check deposits for credit to government accounts, including the use of challans and ensuring deposits are properly recorded in the Globus system. The roles of the public accounts unit, treasury cash division, and NIFT clearing house in processing receipts are also summarized.
Paysera is an electronic payments system established in Lithuania in 2004 that provides services to over 200,000 clients in 184 countries. It operates internationally by adapting solutions to local markets and cooperates with over 70 banks worldwide. In 2015, Paysera processed over 635,000 transactions totaling 754 million euros and accepted over 2.1 million payments totaling 98 million euros. Paysera offers a variety of payment and money transfer services including a multi-currency account, low-cost international transfers, a VISA payment card, and payment collection solutions for businesses.
1. The document outlines procedures and terms of payment for spot purchases and annual purchases of oil via tank-to-vessel, pipeline-to-vessel, and vessel-to-vessel transfers.
2. For spot purchases, the seller provides documents to verify quantity and quality, then the buyer pays for the first lift via bank transfer and receives authorization for subsequent lifts.
3. For annual purchases, the parties sign a one-year contract with options to extend. The seller provides periodic quality documents and the buyer provides a revolving letter of credit to cover monthly purchases.
This document is an offer from Hunters for Luck Ltd to provide advertising services on their website www.huntersforluck.com. It outlines the duties of both parties, with Hunters for Luck agreeing to post customer advertising materials and facilitate tourist bookings, while customers must follow posting rules and pay a 10% commission. The offer details definitions, terms of use, responsibilities, payment procedures, and provides contact information for both parties.
Registered IRCTC users can now book and cancel railway tickets through a simple two-step SMS process. To book a ticket, users send an SMS with journey and passenger details, then another SMS to confirm payment using MMID and OTP. For cancellation, an initial SMS requests cancellation, followed by an SMS confirming or denying the request. Partial cancellation allows cancelling tickets for specific passengers on a PNR.
The document is the 2014 European Casino Association (ECA) European Casino Industry Report. Some key points:
- It provides an overview of the European casino industry, including chapters written by ECA member countries.
- ECA has added chapters on new members Latvia and the UK and joined with the National Casino Forum to strengthen their influence.
- ECA represents close to €8bn industry with over 900 casinos and 70,000 employees in 25 European countries.
- Issues addressed include responsible gaming, challenges of online gambling, and fighting illegal online gambling operators.
dear friends
please read the investment contract and reply
THANKS
REGARDS
RANGA RAO KONUGANTI
PLEASE CALL ME TO MY WhatsApp No. +91 6305726465 OR Mobile NO. +91 846 690 0152
MAIL TO rangaraohome@gmail.com AND COPY TO konugantivss@rediffmail.com and raoranga6514@yahoo.co.in
NOTE : MY SKYPE ID RANGARAOHYD IS WORKING now pl. call me
GOOGLE TALK : rangaraohome
yahoo messenger : raoranga6514
This document provides guidance on developing effective speaking lesson plans. It begins by outlining the key components of a strong lesson plan, including determining the topic, objectives, activities, and assessments. It then describes various classroom activities to practice speaking skills, such as discussions, role plays, simulations, interviews and storytelling. Suggestions are made for teachers, such as providing vocabulary beforehand, limiting corrections, and giving written feedback. The conclusion emphasizes that teaching speaking requires providing opportunities for meaningful communication through engaging activities.
This document summarizes Serbia's regulations on internet gambling passed in 2011 and 2013. It legalized internet gambling and established rules for operators. To obtain a license, operators must meet strict financial and technical requirements, including maintaining a large capital deposit in Serbia. Licensed operators can offer games like poker and roulette through their own servers located in Serbia. The rules establish technical standards for the servers and require detailed recording of all transactions for monitoring by government agencies. The aim is to establish a legal internet gambling market in Serbia while preventing criminal influence.
Agile: State of the Union (June 2016 Agile Hartford)Steve Nunziata
This document summarizes the key findings from a 2016 state of the union on agile presented by Steve Nunziata. It finds that while scrum remains popular, other early agile methods have lost audience. Agile continues to evolve with new hybrid approaches and an increased focus on scaling for large organizations. Barriers to adoption like resistance to change and organizational culture issues persist. There is a need to focus more on agile principles rather than processes. Lean thinking, iterative delivery, and aligning with values like the agile manifesto are emphasized as core to agile approaches going forward.
Ofertas de Julho!
Combine Minutos + Internet a partir de R$69,90/Mês. Agende Consultor!
Min p/ Qualquer Operadora · Internet com + Velocidade · TIM para TIM à Vontade!
www.timempresarj.com.br
4042-2463
981210836
The document discusses developing effective speaking lesson plans. It emphasizes that lesson plans should motivate students and provide language practice opportunities. The document outlines steps to create lesson plans such as determining topics, objectives, and activities. It then discusses various classroom activities to develop speaking skills, including discussions, role plays, interviews and more. Suggestions are provided for teachers such as reducing speaking time and providing feedback.
Alzheimer's disease affects more than 25 million people worldwide and is characterized by the loss of neurons and synapses in the cerebral cortex, which is important for memory. Symptoms include forgetting appointments, repeated conversations, impaired speech and cognition. As the disease progresses it places a burden on both patients and their caregivers. The document recommends taking neurobiology courses to better understand the brain and behaviors to improve safety and quality of life.
The document provides an investor information summary for S.C. Pangiran Budi Service S.R.L. It includes details about the principal such as name, nationality, passport information, date of birth, occupation, business details, and contact information. It also lists bank drafts totaling USD 440 million and affirms that the information provided is true and accurate and that the funds comply with anti-money laundering policies.
SMS banking fraud exploits vulnerabilities in SMS-based banking services. Malicious users can steal individuals' financial data or control their bank accounts by collecting phone numbers from places like cash registers or social engineering victims into providing account details. Attackers use this information to conduct fraudulent transactions or trick victims into authorizing withdrawals. Banks can better prevent fraud by requiring IMSI verification linked to accounts rather than relying only on phone numbers or partial card details for authentication. Users should enable transaction notifications and two-factor authentication to protect their accounts.
This document is a financial agreement between KAIBAC AG and AGRISURE for an investment of up to €150 million. KAIBAC AG will transfer funds from its Deutsche Bank account to AGRISURE's First National Bank account via SWIFT. AGRISURE will then distribute 50% of the funds within 72 hours for reinvestment purposes. The agreement details the parties, bank account information, procedures for fund transfers and distributions, representations and warranties, and signatures accepting the terms.
SMS banking fraud can occur through social engineering or technical attacks. Malicious users can collect customers' personal data from cash registers or mobile providers to impersonate them. They trick victims into sending money to wrong numbers or approve fraudulent transactions. Banks are vulnerable if they only verify transactions by phone number or partial card details. Customers should enable OTP notifications and verify all transactions to avoid becoming victims of SMS banking fraud.
Remote gambling bill of South Africa. April 2014Market Engel SAS
The document provides notice that Geordin Gwyn Hill-Lewis MP intends to introduce a private member's bill to regulate remote gambling in South Africa. It invites interested parties to submit representations on the draft Remote Gambling Bill within 30 days. The draft bill and memorandum outlining its objectives are included in the schedule.
Schleswig Holstein Gaming Act_English version_Oct 2011_fnlMarket Engel SAS
This document is the Schleswig-Holstein Gaming Act from October 20, 2011. It establishes a regulatory framework for public gaming in Schleswig-Holstein, Germany. The Act aims to ensure gaming occurs in an orderly, fair, and responsible manner that protects gamblers, prevents addiction, and maintains integrity in sports betting. It defines key terms like gaming, land-based gaming, online gaming, lotteries, betting, casinos, and payment. The Act covers approval procedures, player protections, gaming supervision, duties and taxes, and temporary and final provisions related to implementing the regulatory framework.
It is our view that Romanian laws are modern, efficient, fair, completely functional and aligned to the regulations of other successful states in this sector, such as Malta, Denmark or the UK. It is nevertheless true that the current laws are still perfectible, as per the opinion of other industry
stakeholders.
Cristian RADU, Partner at Țuca Zbârcea & Asociații
Gabriel IANCULESCU, Associate at Țuca Zbârcea & Asociații
This memorandum explains the importance of an Identity Theft Report for identity theft victims. An Identity Theft Report, which is a police report containing details of the identity theft, allows victims certain protections under the Fair Credit Reporting Act. These protections include blocking fraudulent information on credit reports and preventing collection of debts resulting from the identity theft. The memorandum provides guidance to law enforcement on creating a detailed Identity Theft Report by incorporating an identity theft complaint to fully assist victims.
This document provides information about banking operations related to government receipts in Pakistan. It discusses how the State Bank of Pakistan is obligated to accept money for the central and provincial governments. It outlines the various types of government receipts like taxes, duties, and savings. It describes the process for accepting cash and check deposits for credit to government accounts, including the use of challans and ensuring deposits are properly recorded in the Globus system. The roles of the public accounts unit, treasury cash division, and NIFT clearing house in processing receipts are also summarized.
Paysera is an electronic payments system established in Lithuania in 2004 that provides services to over 200,000 clients in 184 countries. It operates internationally by adapting solutions to local markets and cooperates with over 70 banks worldwide. In 2015, Paysera processed over 635,000 transactions totaling 754 million euros and accepted over 2.1 million payments totaling 98 million euros. Paysera offers a variety of payment and money transfer services including a multi-currency account, low-cost international transfers, a VISA payment card, and payment collection solutions for businesses.
1. The document outlines procedures and terms of payment for spot purchases and annual purchases of oil via tank-to-vessel, pipeline-to-vessel, and vessel-to-vessel transfers.
2. For spot purchases, the seller provides documents to verify quantity and quality, then the buyer pays for the first lift via bank transfer and receives authorization for subsequent lifts.
3. For annual purchases, the parties sign a one-year contract with options to extend. The seller provides periodic quality documents and the buyer provides a revolving letter of credit to cover monthly purchases.
This document is an offer from Hunters for Luck Ltd to provide advertising services on their website www.huntersforluck.com. It outlines the duties of both parties, with Hunters for Luck agreeing to post customer advertising materials and facilitate tourist bookings, while customers must follow posting rules and pay a 10% commission. The offer details definitions, terms of use, responsibilities, payment procedures, and provides contact information for both parties.
Registered IRCTC users can now book and cancel railway tickets through a simple two-step SMS process. To book a ticket, users send an SMS with journey and passenger details, then another SMS to confirm payment using MMID and OTP. For cancellation, an initial SMS requests cancellation, followed by an SMS confirming or denying the request. Partial cancellation allows cancelling tickets for specific passengers on a PNR.
The document is the 2014 European Casino Association (ECA) European Casino Industry Report. Some key points:
- It provides an overview of the European casino industry, including chapters written by ECA member countries.
- ECA has added chapters on new members Latvia and the UK and joined with the National Casino Forum to strengthen their influence.
- ECA represents close to €8bn industry with over 900 casinos and 70,000 employees in 25 European countries.
- Issues addressed include responsible gaming, challenges of online gambling, and fighting illegal online gambling operators.
dear friends
please read the investment contract and reply
THANKS
REGARDS
RANGA RAO KONUGANTI
PLEASE CALL ME TO MY WhatsApp No. +91 6305726465 OR Mobile NO. +91 846 690 0152
MAIL TO rangaraohome@gmail.com AND COPY TO konugantivss@rediffmail.com and raoranga6514@yahoo.co.in
NOTE : MY SKYPE ID RANGARAOHYD IS WORKING now pl. call me
GOOGLE TALK : rangaraohome
yahoo messenger : raoranga6514
This document provides guidance on developing effective speaking lesson plans. It begins by outlining the key components of a strong lesson plan, including determining the topic, objectives, activities, and assessments. It then describes various classroom activities to practice speaking skills, such as discussions, role plays, simulations, interviews and storytelling. Suggestions are made for teachers, such as providing vocabulary beforehand, limiting corrections, and giving written feedback. The conclusion emphasizes that teaching speaking requires providing opportunities for meaningful communication through engaging activities.
This document summarizes Serbia's regulations on internet gambling passed in 2011 and 2013. It legalized internet gambling and established rules for operators. To obtain a license, operators must meet strict financial and technical requirements, including maintaining a large capital deposit in Serbia. Licensed operators can offer games like poker and roulette through their own servers located in Serbia. The rules establish technical standards for the servers and require detailed recording of all transactions for monitoring by government agencies. The aim is to establish a legal internet gambling market in Serbia while preventing criminal influence.
Agile: State of the Union (June 2016 Agile Hartford)Steve Nunziata
This document summarizes the key findings from a 2016 state of the union on agile presented by Steve Nunziata. It finds that while scrum remains popular, other early agile methods have lost audience. Agile continues to evolve with new hybrid approaches and an increased focus on scaling for large organizations. Barriers to adoption like resistance to change and organizational culture issues persist. There is a need to focus more on agile principles rather than processes. Lean thinking, iterative delivery, and aligning with values like the agile manifesto are emphasized as core to agile approaches going forward.
Ofertas de Julho!
Combine Minutos + Internet a partir de R$69,90/Mês. Agende Consultor!
Min p/ Qualquer Operadora · Internet com + Velocidade · TIM para TIM à Vontade!
www.timempresarj.com.br
4042-2463
981210836
The document discusses developing effective speaking lesson plans. It emphasizes that lesson plans should motivate students and provide language practice opportunities. The document outlines steps to create lesson plans such as determining topics, objectives, and activities. It then discusses various classroom activities to develop speaking skills, including discussions, role plays, interviews and more. Suggestions are provided for teachers such as reducing speaking time and providing feedback.
Alzheimer's disease affects more than 25 million people worldwide and is characterized by the loss of neurons and synapses in the cerebral cortex, which is important for memory. Symptoms include forgetting appointments, repeated conversations, impaired speech and cognition. As the disease progresses it places a burden on both patients and their caregivers. The document recommends taking neurobiology courses to better understand the brain and behaviors to improve safety and quality of life.
Procurement in the age of Agile: Enlightened Agile Teams and Heathen VendorsSteve Nunziata
While Agile Software development thrives on small, co-located and dedicated teams, it is often challenging when features or capabilities end up outsourced to a third party provider. Can Agile truly work when part of the team is contracted? What options are there to facilitate success for everyone involved?
This document contains 100 general knowledge quiz questions and answers across various topics including history, geography, science, entertainment and more. The questions cover people, places, events, inventions and other facts to test one's overall knowledge. Some examples include questions about famous authors, world leaders, scientific discoveries, movies, sports and other cultural references.
Is Project Management Discipline Relevant in an Agile World?Steve Nunziata
Traditional Project Management discipline is often perceived as in conflict with Agile methods. Is this the case? How can Project Mangers transform their approach to be effective in an increasingly Agile world?
This document discusses key concepts in circles such as chords, radii, diameters, tangents, and secants. It presents several important theorems: the Tangent-Chord Theorem states that the angle between a tangent and chord is equal to the inscribed angle on the other side of the chord. The Intersecting Chord Theorem relates the lengths of segments formed by two intersecting chords. The Tangent-Secant Theorem equates the product of a secant and its external segment to the square of the tangent. Examples are provided to demonstrate applications of these theorems.
Chaos, Consistency, Creativity - A Journey Through Agile AuditabilitySteve Nunziata
This document summarizes Steve Nunziata's presentation on establishing an agile auditable framework. It discusses the challenges that traditional audit models pose for agile development and presents a 5-step approach to evolving audit processes: 1) validate risks and controls, 2) inventory agile practices, 3) create parameters for practices, 4) determine audit methods, and 5) establish operational parameters. The goal is to better align audits with agile processes through practices like daily stand-ups in order to reduce paperwork by 50% while improving quality. Both benefits and challenges of the approach are reviewed.
This document provides guidance on developing effective speaking lesson plans. It begins by explaining that an organized teacher with well-structured lesson plans can best motivate students and provide useful language practice. It then outlines the key steps in creating a lesson plan, including determining the topic, developing objectives and activities, and providing feedback. Various classroom activities are proposed to develop students' speaking skills through discussion, role plays, interviews and other interactive exercises. The document concludes by emphasizing the importance of teaching speaking and providing a rich communicative environment for students to practice.
Snake venom is a highly modified saliva containing toxins that immobilizes prey and defends against threats. It is composed mainly of proteins and enzymes and injected through fangs or spit. Venom comes in different types that affect organs like the nervous system, muscles, blood, and cells. Treatment involves keeping the victim still, cleaning the wound, and administering antivenom intravenously to counter the symptoms. Movement should be restricted and first aid should not involve cutting, sucking, or using tourniquets on the bite.
Document de présentation d'un atelier à la Réunion nationale 2008 de la Société GRICS sur nos services de e-learning et d'apprentissage à distance avec la plate-forme Moodle.
Le positionnement d'un site repose sur des contenus accessiblesYellow Dolphins
L'accessibilité du contenu favorise l'indexation du site par les moteurs et l'accès à l'information par les internautes. Mais grâce à la synthèse vocale, l'accessibilité permet également d'augmenter l'audience potentielle d'un site faisant de cette contrainte un véritable outil marketing.
Créer un site internet efficace aujourd'hui !Odomia
Support pour la présentation de l'atelier "Créer un site internet efficace aujourd'hui" dans le cadre des ateliers ENP Bourgogne pour la CCI de Saône et Loire.
Spanish gambling law analysis by olswang llp (c) 2011 june 2011Market Engel SAS
On May 28, the long awaited Gambling Law was finally published in the Spanish Official Gazette, and
came into force the next day.
The new Law (13/2011), dated May 27, on Gambling Regulation ("Law") is the starting point from which
the Spanish gambling legal framework will now be constructed.
LAWYER IN VIETNAM DR. OLIVER MASSMANN – E-COMMERCE - THE WORLD BANK IS ASKING...Dr. Oliver Massmann
LAWYER IN VIETNAM DR. OLIVER MASSMANN – E-COMMERCE - THE WORLD BANK IS ASKING DUANE MORRIS VIETNAM ON THE LOGISTICS FOR E-COMMERCE – HERE ARE OUR ANSWERS:
Ajara brochure establishing a gambling business in ajara_2015Investinbatumi
Casino gambling is a major industry and economic driver in the Ajara region of Georgia. In 2014, over 550,000 gamblers visited the region's 6 casinos, contributing nearly 14 million GEL to the municipal budget of Batumi. The casino industry is expected to continue expanding, with over 8 new casinos planned to open by the end of 2017. Establishing a casino or other gambling business requires obtaining the necessary permits and licenses from the Georgian Ministry of Finance.
Legal regulation of collecting donations via the internet in Russia. There are several authorized ways for non-commercial organizations to collect donations online according to Russian law, including through bank accounts, SMS campaigns, bank cards/e-wallets on a NCO's website, and cash donations. Proper documentation and use of funds is required. Tax benefits are provided for individual benefactors in the form of deductions on income tax for donations to certain public benefit organizations, up to 25% of taxable income. Corporate benefactors do not receive tax benefits at the federal level but some regions offer reduced corporate income tax rates.
Vietnam _New Guidance on Electronic Gaming for Foreign GamersDr. Oliver Massmann
1) The Ministry of Finance issued Circular 11 providing guidance on operating electronic gaming businesses for foreigners in Vietnam. It lists seven permitted types of gaming machines and requires licenses for producers/suppliers and verification organizations.
2) Enterprises must report machine details and any changes to relevant authorities. Back-up equipment is permitted up to 10% of machines if new, and replacements must be recorded.
3) Detailed procedures are provided for obtaining and amending licenses. Enterprises must separately account for and report on their gaming business finances and operations on a quarterly/annual basis.
The Netherlands_Bill_Betting and Gaming Act_Explanatory memorandum_English tr...Market Engel SAS
See bill on http://www.internetconsultatie.nl/kansspelen_op_afstand
This bill amends the Betting and Gaming Act.It is the second phase in the modernisation process of the games of chance policy, which aims to prevent gambling addiction, protect the consumer and discourage illegality and crime.
Remote games of chance are games of chance in which the player takes part with electronic means of communication and without physical contact with (the personnel of the) the organiser of the games of chance or a third party which provides a room and resources for the participation in the games of chance.
Because of the lack of direct contact between the player and the games of chance provider, these games involve different and bigger risks of fraud and gambling addiction than the traditional physical (“land based”) games of chance.
Proper and strict regulation of remote games of chance involves among other things that additional measures are set to prevent gambling addiction, including a central register for the exclusion of games of chance3, as well as additional supervision and enforcement powers for the Games of Chance Authority and amendment of the games of chance legislation.
The current regulatory situation in the Member States is such that operators may be required, when offering the same type of online gambling service (e.g. sports betting) in different Member States, to apply for a licence in each of these Member States. Certain Member States recognise licences issued in other Member States that are notified to them (white listing) and allow such licensed providers to offer their on-line gambling services into their territories without an additional licence. Others may take account of such licences when issuing their own licences to such operators but impose double licensing regimes whereby each operator, irrespective of whether he is operating in another Member State, must be licensed within their territory before he can offer such services.
Belgian gaming regulator presentation ukraine - january 2020 (1)UIFuture
This document discusses gambling regulation in Belgium. It provides details on Belgium's licensing system for gambling, which includes 9 classes of licenses with over 19,000 total licenses issued. It also discusses measures to regulate the legal gambling market and combat illegal gambling operations, including age restrictions, self-exclusion programs, criminal penalties, and law enforcement actions. The regulatory authority aims to balance interests like consumer protection, tax revenue, and restricting criminal activity in order to maintain a stable, regulated gambling industry.
This document is a complaint filed by the U.S. Commodity Futures Trading Commission against Anthony Eugene Linton alleging fraud related to his operation of an off-exchange foreign currency trading pool called The Private Trading Pool (PTP). The complaint alleges that from 2007-present, Linton solicited over $650,000 from at least 19 individuals for PTP by falsely claiming the pool would generate guaranteed 100% annual returns from forex trading using his proprietary system. In reality, Linton lost over 91% of funds from limited forex trading and instead used most money for personal expenses and to pay earlier investors like a Ponzi scheme. The CFTC alleges Linton's actions violated the Commodity Exchange Act
European and global practices Philipp VlamminckUIFuture
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The CFTC has filed a complaint against MXBK Group S.A. de C.V. and its forex trading division MBFX S.A. for violations of the Commodity Exchange Act. The complaint alleges that from 2005-present, the defendants accepted over $28 million from over 800 US customers, including some in Utah, to trade forex in pooled accounts but incurred losses of over $29 million. It also claims that on multiple occasions from June 2008-April 2009, the defendants reported fictional trading profits to customers when they had actually incurred losses, and provided false explanations for losses incurred in November 2008. The CFTC is seeking to enjoin the unlawful acts, obtain restitution, dis
Summary of the Royal Decree on the Digital Asset Businesses B.E. 2561Peerasak C.
Source: https://www.sec.or.th/mpublish/digitalasset/digitalasset.html
---
Download Summary of Royal Decree on the Digital Asset Businesses B.E. 2561:
https://www.sec.or.th/TH/SECInfo/LawsRegulation/Documents/Act_Royal_Enactment/enactment_digital_2561_summary_en.pdf
#DigitalAsset #ico
Cyprus Guidelines on Completing and Submitting Applications for Authorisation
as an Electronic Money Institution (‘EMI’) under Directive 2012 [“the EMD”]; the
Appointment of Agents & the Establishment of Branches
UK draft gambling (licensing & advertising) bill presented to parliament by t...Market Engel SAS
The Government is committed to strengthening the regulation of remote gambling to ensure that effective consumer protection measures are afforded to all British based consumers. Currently, consumers based in Great Britain face different consumer protection arrangements, and have to deal with a myriad of different regulators, depending on where the remote gambling they are taking part in is regulated. This problem is growing as more countries permit online gambling. At the same time, it is unfair to GB-licensed gambling operators that overseas competitors benefit from access to the market in Great Britain without necessarily bearing a fair share of the costs of regulation, or of research, education and treatment of problem gambling. This draft Bill allows for the amendment of the Gambling Act 2005 so that remote gambling is regulated predominantly on a point of consumption basis. Consequently, all operators selling into the British market, whether based here or abroad, will be required to hold a Gambling Commission licence to enable them to transact with British consumers and to advertise in Great Britain. Such operators will consequently be subject to the provisions of the Gambling Act 2005, its regulations and the Gambling Commission’s social responsibility and technical standards requirements. These operators will also be required to pay Operating Licence fees, and to contribute to research, education and treatment in relation to British problem gambling and regulatory costs These proposals are an important measure to help address concerns about problem gambling and to bridge a regulatory gap, by ensuring that British consumers will enjoy consistent standards of protection, no matter which online gambling site they visit. For example, previous work by the Gambling Commission has highlighted deficiencies in some remote operators’ arrangements for preventing underage play, and, for the first time, overseas operators will be required to inform the UK regulator about suspicious betting patterns to help fight illegal activity and corruption in sports betting. Finally, these reforms will ensure consistency and a level playing field as all overseas operators will be subject to the same regulatory standards and requirements as British-based operators. We look forward to hearing your views, and those of the Culture, Media & Sport Select Committee who have been invited to carry out pre-legislative scrutiny. We trust that this process will ensure that the Bill is well prepared for introduction to Parliament.
The document discusses license plate recognition (LPR) technology used by the British Columbia Lottery Corporation (BCLC) at casinos to identify self-excluded individuals attempting to enter gaming facilities. It provides background on the rollout of LPR at various casinos starting in 2009. LPR works by capturing photos of license plates and checking them against a database of excluded individuals. If a match is found, an alert is generated. The document also discusses BCLC's disentitlement rule which makes self-excluded individuals and prohibited persons ineligible to receive jackpot prizes, and reviews some post-implementation complaints about the policy.
1. The document is Mongolia's Law on Combating Money Laundering and Terrorism Financing.
2. It defines key terms like money laundering, terrorism financing, and suspicious transactions.
3. It requires certain entities like banks, securities firms, and casinos to report cash and non-cash transactions over a certain threshold or those suspected of money laundering to the Financial Information Unit.
Acusação da SEC para a Pirâmide Financeira Wings NetworkGonçalo Silva
This document is a complaint filed by the Securities and Exchange Commission against Tropikgadget FZE, Tropikgadget Unipessoal LDA, and 15 individuals. The SEC alleges that the defendants operated a fraudulent Ponzi and pyramid scheme through a multi-level marketing company called Wings Network. While representing that Wings Network sold digital and mobile products, the SEC claims it primarily used money from new investors to pay earlier investors with little revenue from actual product sales. The SEC is seeking emergency relief including asset freezes and injunctions to halt the alleged ongoing violations and preserve assets for defrauded investors.
New jersey internet gaming regulations may 13 2013_draft_Market Engel SAS
Proposed new N.J.A.C. 13:69O-1.4 prescribes Internet or mobile gaming system standards and operational controls. These include: (1) security measures to ensure that patron access is limited to the Internet or mobile account holder; (2) design specifications for an Internet or mobile gaming system to detect and report suspicious activity, as well as excluded or prohibited persons; (3) storage requirements for and encryption of patron account access information; (4) treatment of suspended and deactivated patron accounts; and (5) daily dollar limits for patron funding of Internet or mobile gaming accounts.
Proposed new N.J.A.C. 13:69O-1.5 sets forth technical specifications for a “server-based gaming system,” as defined in proposed N.J.A.C. 13:69O-1.1, encompassing all hardware, software, and communications that comprise a system utilized for the purpose of offering electronic versions of authorized casino games where material aspects of gaming functionality occur at the server level. The section further sets forth requirements for “server-based games,” which is also defined in proposed N.J.A.C. 13:69O-1.1, encompassing all gaming conducted by way of a client (patron) terminal where the outcome of a game is determined by a random number generator maintained on a server or a dealer verifies the outcome from a simulcast table game.
Proposed new N.J.A.C. 13:69O-1.6 sets forth requirements and procedures for the conduct of table game simulcasting including the use of a simulcast control server and the provision of patron information about wagering conducted during table game simulcasting.
Proposed new N.J.A.C. 13:69O-1.7 establishes communications standards for all “gaming systems,” defined in N.J.A.C. 13:69O-1.1 as either a server-based gaming system, an Internet gaming system, a mobile gaming system, or a table game simulcasting system. These include standards for encryption, masking, and secure methods of communication transfer.
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Discover innovative uses of Revit in urban planning and design, enhancing city landscapes with advanced architectural solutions. Understand how architectural firms are using Revit to transform how processes and outcomes within urban planning and design fields look. They are supplementing work and putting in value through speed and imagination that the architects and planners are placing into composing progressive urban areas that are not only colorful but also pragmatic.
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1. 1
INTERNET GAMBLING IN SERBIA
Author : Vladimir Djukanovic
By passing the Gambling Law in 2011 and by recent passing of two subsidiary regulations by
the Ministry of Finance (Rules on the method of determining whether conditions have been
fulfilled for receiving of approval to organize games of chance through means of electronic
communication and Rules on the information characteristics of equipment for organization
of games of chance through means of electronic communication, conditions of their
satisfaction and methods of their testing) in August 2013, Serbia became one of the
countries that have regulated organization of the internet games of chance. The Law itself
represented a revolution in the field of Internet gaming and the recently passed rules have
made the realization of the revolution possible and are long-term incentives for further
development of Internet gaming in Serbia. By all means, Serbia has given itself a chance to
make a huge progress in development of Internet gaming and to attract numerous
renowned companies dealing in the games of chance. This, again, is a big chance for Serbia
to employ a large number of young and qualified people in the IT sector and to provide the
state budget with steady and substantial income.
The objective of this paper is to represent the governing rules in this field in Serbia, the
advantages and the drawbacks of the passed rules and to help those who read this paper to
possibly come to the idea to invest money in development of this business on the territory of
Serbia.
OPERATORS
The right to operate the games of chance through means of electronic communication in
Serbia belongs to the State Lottery of Serbia and the operators to which the Games of
Chance Administration of the Serbian Ministry of Finance has by approval granted the right
to operate the special games of chance through means of electronic communication1. Here,
we have to make certain things clear so that a possible operator will know exactly his rights.
By the Gambling Law, and then the Rules on the types of games of chance, Republic of
Serbia has categorized the games of chance as follows: 1) classic games of chance, 2) special
1
Gambling Law, Official Gazette 88/11, Art. 97, para 1
2. 2
games of chance, 3) games of chance in goods and services2. The first category of games of
chance can be operated only by the State Lottery of Serbia and in this field Republic of
Serbia, through its public company, has a monopoly. These are the games of the lottery
character: 1) lottery, instant lottery and other similar games based on lottery, 2) sport
betting (predicting of results of football and other sport competitions), 3) lotto, keno and
similar games, 4) tombola, bingo and other similar games based on tombola. Beside them,
the category of classic games of chance includes: 1) telephone lottery games and 2) SMS
lottery. The above games may only be operated by the State Lottery of Serbia3.
As for the special games of chance, these are the games that may be organized by private
operators and those who intend to offer their games via the Internet on the territory of
Republic of Serbia. These games include: 1) blackjack, 2) American roulette, 3) French
roulette, 4) baccarat, 5) craps, 6) draw poker, 7) Texas hold’em poker, 8) ultimate Texas
hold’em, 9) Caribbean stud poker, 10) casino poker, 11) Caribbean 7-card stud poker, 12)
Omaha poker, 13) three-card poker, 14) let it ride poker, 15) sic bo, 16) money wheel, 17)
punto banco and 18) Serbian-Russian roulette. Besides, special games of chance include the
slot machine games as well as sport betting, which is probably the most interesting for the
largest number of potential operators of the games of chance4. They can offer all these
games through means of electronic communication with previously acquired approval of the
Games of Chance Administration. It is not possible without the approval of the Games of
Chance Administration. It is important to point out that the Gambling Law defined the
Games of Chance Administration. However, by the Tax Administration Law it was later
cancelled and its authority was transferred to the Tax Administration i.e. the Department
for Exchange and Foreign Currency Matters and the Games of Chance (hereinafter referred
to as: the Administration), to which the authority of the former Games of Chance
Administration has been transferred5.
-Conditions for operators-
The conditions imposed to the candidates for receiving of approval for operation of the
games of chance through means of electronic communication are not naive at all. It is
2
Ibidem, Art. 4, para 1
3
Rules on the types of games of chance (Catalog of games of chance), Official Gazette 75/2013, Art. 3
4
Ibidem, Art. 4
5
Law on tax procedure and tax administration, Official Gazette 93/2012
3. 3
obvious that the starting point of the legislator was to prevent potential frauds that is to
prevent those who got the capital in the grey zone by criminal activities and whose business
backgrounds are suspicious. The first thing that awaits the potential candidate is the fact
that he must have the basic capital of 250,000 euro in RSD counter value counted at official
average exchange rate of the National Bank of Serbia6. However, it is not sufficient to only
effect payment of this amount. The candidate is additionally obliged to obtain the approval
to maintain the basic capital at the value level of 250,000 euro7. Also, in order to insure
payments of winning to the players and settlement of tax obligations, during the period for
which he is approved for work, the operator of games of chance through means of
electronic communication must keep a dedicated deposit of 150,000 euro in RSD counter
value in a bank with official seat on the territory of Serbia or possess a bank guaranty for
that amount8, in addition to his obligation to provide on daily basis a risk deposit in the cash
register of at least 10,000 euro in RSD counter value9. The approval fee that is paid on
monthly basis is not small. Namely, each operator who obtains the approval to organize
internet games of chance shall pay the monthly fee of 2,500 euro for the approval10. This is
not the end of payments: the amount of the operation fee is 15 % of the basis which is the
difference between totally realized deposits and totally realized credits to the players, for
sport betting, and 5 % for other games, the total amount of the fee not being less that the
RDS counter value of 7,500 euro monthly11.
There has been numerous objections to the legislator because of the amounts of the fees.
However, the obvious intention was to open the market exclusively for the operators with
serious worldwide reputation whose creditworthiness is undisputable.
The Gambling Law has laid down what the application for receiving of approval shall
contain12:
1) name and official seat of the legal person – the applicant;
2) method of identification and registration of players;
3) procedure in case of interrupted communication with the player;
6
Gambling Law, Official Gazette 88/11, Art. 98, para 1
7
Ibidem, Art. 98, para 3
8
Ibidem, Art. 99, para 1
9
Ibidem, Art. 99, para 3
10
Ibidem, Art. 106
11
Ibidem, Art. 107
12
Ibidem, Art. 101, para 1
4. 4
4) description of the backup system;
5) description of the system for return to the last saved status.
With the application, the applicant shall also submit the following13:
1) study on prevention of unwanted impact on the games of chance through means of
electronic communication;
2) proof of the proprietary rights or the right of use of the premises in which the
equipment for special games of chance through means of electronic communications
will be situated;
3) proofs of fulfilled conditions laid down in Article 100 of the Gambling Law;
4) rules of the games that will be organized.
As for the proof of fulfillment of conditions from Article 100 of the Gambling Law, they refer
to technical requirements that the legislator has prescribed for the applicant. First,
complete IT equipment must be on the territory of Serbia, which further means the
prohibition of presence on the Serbian interactive skies for the operators with offers placed
via servers situated abroad14. The hardware and the software by which the players
participate in the games of chance must enable automatic exchange of data with the
Administration’s server. In this segment, the legislator laid down an obligatory norm
towards the applicant referring to his responsibility for initiating the communication
between the equipment and the Administration’s server as well as for the accuracy,
updating, protection and correct exchange of data. Before he puts the equipment in
operation, the operator is obliged to submit the certification to the Administration about
fulfillment of IT characteristics of the equipment and if there are any changes of the IT
characteristics, the operator shall timely submit the certification on fulfillment of the IT
characteristics of the equipment. Also, before he has put the equipment in operation, the
operator must receive from the Administration the number of the certification i.e. of the
appendix to the certification, on the IT characteristics of the equipment and the certification
is issued by the laboratory authorized by the Ministry of Finance15.
Of course, this is not the end of prescribed conditions. As a matter of fact, prescribed
conditions are in detail laid down by the Rules on the method of determining whether
13
Ibidem, Art. 101, para 2
14
Ibidem, Art. 100, para 1
15
Ibidem, Art. 100, para 6
5. 5
conditions have been fulfilled for receiving of approval to organize games of chance through
means of electronic communication, which added some new conditions. Namely, besides
conditions laid down by the Law, the Rules also prescribe the condition referring to absence
of the criminal records for certain criminal deeds determined in accordance with the Decree
on determination of criminal deeds for which the certification on absence of criminal
records of certain persons is submitted for receiving of the licence that is the approval for
organization of the games of chance. The certification shall be submitted by the founder or
the member of the legal person – the applicant and the persons obliged to pay tax on
personal income and company profits who are in the status of persons related to the
applicant, his founder or member. These persons must submit a certification on absence of
criminal records for criminal deeds laid down by the Decree for the period of five years
preceding the application. This article of the Rules even more strongly points out the
intention on the part of the Ministry to repel the persons with suspicious background from
applying for approval for operation of internet games of chance. Thus the state has made it
clear that they want an absolutely legal market on which a sound competition will develop
untainted with suspicion of the grey zone or the underworld activities.
Also, one of the important issues of the Rules, harmonized with Article 101 of the Gambling
Law is that the operator must submit a proof on the proprietary rights or the right of use of
the premises in which the IT equipment for the game operation is situated16. This is a very
important provision because no one will be able to obtain the approval to initiate the
internet gaming before the address where the IT equipment is situated is registered. By this,
the government strengthens the obligation that both the software and the hardware must
be on the territory of Serbia and obtains an exact list of addresses and locations where the
equipment of the operator is situated. This again does not mean that others cannot initiate
operation and the state has the right to confiscate the equipment and block the domain.
Technical requirements prescribed by Article 100 of the Gambling Law are given in detail in
Rules on the information characteristics of equipment for organization of games of chance
through means of electronic communication, conditions of their satisfaction and methods of
their testing. These Rules are very demanding and are laid down in detail, which again
16
Rules on the method of determining whether conditions have been fulfilled for receiving of approval to
organize games of chance through means of electronic communication, Official Gazette 75/2013, Art. 6
6. 6
points out that the state wants exclusively renowned companies in this field capable of
satisfying proposed requirements.
As soon as the defined characteristics of the IT system are seen, it is clear that the Rules are
defined so as to prevent any fraud. Namely, the IT system shall fulfill the following
conditions17: 1) legally purchased hardware, operational system and applications of
appropriate performance for offering quality service to users, 2) algorithms, listing of
random numbers or an appropriate certification confirming the correct operation of the
random number generator, 3) communication system that enables appropriate capacity -
speed of response and availability of the system to end users, 4) communication system
enabling direct and secure exchange of data with the server, 5) system of protection from
unauthorized use of the information system and data loss and 6) at least one internet
domain registered within the national internet domain of the Republic of Serbia.
This is a very big step in the development of the internet games of chance. There are no
doubts concerning the advancement of technology and Serbia has, by such conditions
defined in the Rules, set really high standards that could, regardless of further technological
advances, remain valid for a number of years. It can be noticed that for example in the third
point there is a term “appropriate capacity “ and that it can be broadly interpreted. This has
been purposely done because of the constant technology advancement as the capacity
required today may be outdated tomorrow. Also, the first point requires the purchase of
original software, meaning that any one who operates by the pirate software will be denied
immediately.
In order to test the technical characteristics as better as possible, the Gaming Law in its
Article 100 determines the obligation of forming of a laboratory on the part of the Ministry
of Finance. The laboratory will be authorized to grant approvals of conformity of the
applications on the IT characteristics with the expected standards. The Rules have defined
the activities of the laboratory in performing the control of the IT characteristics and set out
what shall be controlled18: 1) operational system (platform-licence), 2) application software
used by the operator (platform, licence, standard), 3) network and communication
infrastructures (software, hardware), 4) databases (updating process, databases
17
Rules on the information characteristics of equipment for organization of games of chance through means of
electronic communication, conditions of their satisfaction and methods of their testing, Official Gazette
75/2012, Art. 2
18
Ibidem, Art. 3
7. 7
characteristics, databases protection, measures of protection against unauthorized use of
the IT system and data loss), 5) details about authorized persons defined by the Rules, 6)
algorithms of random numbers and winnings for each game separately which uses this
mechanism for determination of results.
When the laboratory has determined by control that the IT characteristics fulfill the
standards, it will issue a certification on fulfilled conditions which the operator is obliged to
submit to the Administration before starting the operation of the equipment he has
intended for the operation of the games of chance.
DATABASES
Very strict rules that the operator must fulfill are prescribed for the databases. Large
investments are needed, which additionally strengthens the intention on the part of the
Republic of Serbia to bring this sector in the legally clean business environment. However,
the Rules prescribe the obligation of the operator to enable the identification of all
electronic transactions and recorded accounts within its information system and they are
obligatory contents of the databases19. The Rules have defined what is meant by the
electronic transaction and this is each particular deposit and credit in a game of chance that
is recorded electronically within the operator’s information system20. Each particular
transaction shall be sent to the server. Also, it is determined by the Rules that the recorded
account is the unique account of each user and the operator shall open it in his information
system upon successful registration of a player21. The account records all transactions of the
player (collections and payments) regardless of the method of payment (cash, payment
cards, e-banking, etc.).
Each particular electronic transaction is recorded through the recording account and the
operator may assign only one recording account to a player22. The player may at each
moment have access to the information about the transactions on his account for the last
three months and if he wants to review earlier transactions, at his request they shall be sent
to him five days from his application23.
19
Ibidem, Art. 4, para 1
20
Ibidem, Art. 5, para 1
21
Ibidem, Art. 7, para 1
22
Ibidem, Art. 5, para 2 and 3
23
Ibidem, Art. 7, para 2
8. 8
In order for each transaction to be recorded and additionally protected, the Rules prescribe
the obligation that for each transaction a special designation of two groups of alphanumeric
signs separated by the symbol for minus must be determined. The first group of signs is
assigned to the operator by the Administration and it may not have more than three signs
and it denotes a unique mark of the operator. The second group of signs, after the symbol
for minus, is automatically generated by the information system of the operator, but this
group of signs must be different for each particular transaction24.
The operator is obliged to possess the IT system which in the process of registration of a
player and the creation of the account enables precise recording on each deposit and credit
performed on the account. The process of the account registration and the accuracy of
entered data is completed by confirmation of the player that he is an adult and accepts the
conditions of the use of the account in the information system25.
When it comes to the unauthorized use of an account, the Rules define it as the use of the
account in the information system on the part of a person who is not the owner of the
account26. Such a person shall be denied the access by the operator, because the operator is
obliged by the Rules to provide the confidentiality of the information system and the denial
of access is performed by authentication that is by the check-up and confirmation of the
user’s identity upon the use of the account in the system27. This can be performed by a
password or in some other manner.
The operator is obliged to keep the databases for at least five years beginning from the first
next year after the year in which they were created and three months from the moment of
creation they have to be available in their original form after which the operator may
archive them and, if the Administration requires it, the operator shall submit them in
original within five days from the date of receipt of the requirement.28 Also, the operator
shall enable the Administration continual insight in data referring to the kind of transaction,
the time of its performance and its amount in real time for the purpose of determination
and recording of taxes laid down in the Gambling Law, Articles 106 and 107. 29
24
Ibidem, Art. 5, para 4
25
Ibidem, Art. 6
26
Ibidem, Art. 11, para 1
27
Ibidem, Art. 11, para 2
28
Ibidem, Art. 4, para 2
29
Ibidem, Art. 4, para 3
9. 9
TECHNICAL AND SECURITY CONDITIONS
The Rules have defined the obligations on the part of the operators concerning the technical
and security conditions that must be fulfilled in order for the communication between the
operator and the Administration to carry out as secure as possible. On the basis of these
conditions, the Laboratory is obliged to estimate whether the operator fulfills the conditions
laid down in Article 100 of the Gambling Law i.e. whether the requirements concerning the
IT system characteristics are fulfilled.
The Rules have defined that the communication between the operator and the
Administration should be carried out via a cable broadband connection, of copper or optical
technology.
The obligations laid down by the Rules are as follows30:
1) provision of connection on one side of the IP address from which only exchange of
data with the server is performed, whose transmission speed satisfies the needs of
expected traffic and shall not be less than 4 Мb/s;
2) provision of necessary devices (routers) and organization and maintenance of a
virtual private network (VPN) for the exchange of data with the server;
3) protection of the computer and the local area network equipment from
unauthorized use of third parties;
4) organization of anti-virus protection of data – data transferred to the Administration
shall be checked and cleaned from viruses;
5) authorization and registration with to the Administration of two persons responsible
for reporting to the Administration.
Besides these obligations, the operator is additionally obliged to ensure the integrity of the
information system, protection of data, information and processes from unauthorized
persons and changes by denying privileged access to the information system.
In order to organize this, obviously the operator must have a very well-trained IT staff.
Taking into account the seriousness of the business, it can be supposed that each operator
will seek the best qualified individuals available on the market and this takes a lot of money.
So, this is yet another indicator that such a job can only be done by a company with integrity
30
Ibidem, Art. 8
10. 10
in the world of games of chance. It is unthinkable that these conditions should be fulfilled by
someone who tries to make easy money by fraudulent business practices.
The conditions stated above are not the only ones. In the practice, it must be counted on
electricity blackouts or interruption of connection between the Server and the operator’s
equipment. The Rules lay out the obligation on the part of the operator to restore
connection with the Server within six hours, except in unpredictable situations caused by
the major force31. The terms „unpredictable situation“ and „major force“ are not defined
but it is assumed that they are natural disasters, wars, etc.
The operator’s maintenance staff must be very efficient and fix any failure or connection
degradation that occurs during the working hours within less than 24 that is within twice as
much if it occurs after the working hours32. The term “connection degradation “ is defined
and it assumes the decrease of the connection speed below 4 Mb/s, packet loss of 1%,
average delay of 100 ms, incorrect function on DNS and other important services or
instances if unwanted contents like viruses.
At the moment of disconnection, the operator is obliged to provide storage of data and
immediately after the connection is restored their sending to the Administration.
It is obvious that the job has to be done by a large number of highly qualified personnel and
that the organization of internet gambling requires constant investment in information
technology solutions. The technological progress cannot be stopped and constant
investment in innovations and updating is necessary. If the operator stagnates in this sector,
he simply loses his place in the market and disappears. Consequently, the competing
companies leave him behind. Therefore, this is also an indicator how serious the business of
operating the games of chance is. There is no place for those who think that they can make
big money in a simple and easy way. This business requires constant investment in the
equipment and constant following of innovations. The price of this is extremely high.
SOCIAL RESPONSIBILITY
The Gambling Law in its Article 6 lays down general provisions regarding the social
responsibility of the operators of the games of chance and they are additionally defined by
31
Ibidem, Art. 8
32
Ibidem, Art. 8
11. 11
the Rules on the information characteristics of equipment for organization of games of
chance through means of electronic communication, conditions of their satisfaction and
methods of their testing. The player is entitled to limit, in writing or electronically, the
highest amount that may be deposited within a particular period of time and the highest
amount that may be lost within a particular period of time33. Also, the player may prohibit
himself, in writing or electronically, the access to the information system (self-exclusion) for
a particular period of time. The operator is obliged to immediately act according to the
request of the player for the self-exclusion and to disable his access34.
On the home page of the site, the operator is obliged to post a link towards documents
referring to responsible operation of the games of chance, including the test for the player
check-up35.
The Rules on the method of determining whether conditions have been fulfilled for
receiving of approval to organize games of chance through means of electronic
communication defines what the study on unwanted impact of the games of chance must
content. Article 5 of the Rules precisely states that the study must contain the following36:
1) Registration of a player, uniqueness of his account, procedure of registration and
method of updating of the player’s personal information that must be available to
the player at any time and especially:
- manner of the player’s registration and measures of check-up of logical
correctness of entered data;
- measures enabling updating of the player’s data in the course of the account use;
- measures disabling opening of more accounts for one player;
- description of procedures and rules that must be available to the player at any
moment.
2) Database, method of data and players’ protection, especially:
- method of storage and protection of data about accounts and card numbers i.e.
elimination of the possibility of their abuse;
33
Ibidem, Art. 10, para 1
34
Ibidem, Art. 10, para 2
35
Ibidem, Art. 10, para 3
36
Rules on the method of determining whether conditions have been fulfilled for receiving of approval to
organize games of chance through means of electronic communication, Official Gazette 75/2013, Art. 5
12. 12
- documents i.e. existence of proofs of all deposits and credits, of all corrections
and failed depositing and crediting in accordance with law and subsidiary rules.
3) Method of protection against unauthorized use of the system i.e. measure of
denying access to the system to persons that are not owners of the accounts and to
underage persons.
4) Measures stipulated by the principles of responsible operation of the games of
chance, especially:
- constant display of real time and date;
- making it possible for the player to limit depositing on daily, weekly or monthly
base;
- constant display of clear warning of prohibited participation in the games of
chance for underage persons;
- mechanism of disabling access to underage persons i.e. method of
authentication of player’s age and their application concerning free games;
- obligation to credit the player in the case of closing of the account i.e. disabling
of receiving of advertisements for the games of chance in the period in which the
account is closed;
- possibility of the account closing at the request of third person – reasons,
procedure and determination of the person responsible for receiving and
resolving of submitted request.
5) Availability of all information referring to prohibition of participation in the games of
chance for underage persons, principles of responsible operation and protection of
players in the language of the site and the game.
6) Existence of a page about the responsible operation of the games of chance which
contains links to the tools that disable playing – filtering and programs for blocking of
contents on the Internet.
All these conditions are integrated in the study on prevention of undesired impact of the
games of chance prescribed as obligatory for operators by Article 101 of the Gambling Law
in. Based on the contents of the study, the Laboratory authorized by the Ministry of Finance
issues a certification that the operator has fulfilled prescribed standards.
There is yet another interesting thing introduced by the Gambling Law that concerns the
socially responsible business operation. Namely, the Law prescribes the prohibition for the
13. 13
operator’s employees to take part in the games of chance through means of electronic
communication37. This prohibition is logical and good because the presumption is that the
employee could misuse his position and easily gain a winning, by which he undoubtedly
practices an unwanted impact on the games organized by the operator.
Creation of the study such is the study on prevention of unwanted impact on the games of
chance requires engagement of a large number of professionals because the social
responsibility is something insisted upon not only by the governments but by operators as
well. For each renowned operator of the games of chance it is important that people do not
perceive the games of chance market as the one on which money laundering is performed.
They all want their companies to be observed as respectable by the society. This is where
the worldwide intensive participation of well-known companies in creation of legislation in
the sphere of social responsibility comes from. Such companies also take part in
humanitarian activities, help sports, culture, health care, build homes for abandoned
children... In Serbia, the social responsibility issue is very important for each company and
all renowned operators have undertaken to cooperate with the Institute for Addiction
Recovery at Drajzerova Street. The cooperation is very good to mutual satisfaction and is
developing by every year. The operators of all betting shops in the country are obliged to
attend the training in the Institute so that they can recognize a pathological gambler,
prevent him from playing the games and send him for recovery in the Institute. Operation of
the games of chance can only bring substantial income for the state and the operators and
such income could be redirected for further development of responsible social engagement.
VALIDITY OF APPROVAL AND END OF VALIDITY
The Gambling Law has prescribed ten-year validity of approval, which means that the
operator has a very long period to establish and develop the business38. It is a little
surprising that the legislator has accepted such a long term. It is likely that his intention was
to keep certain renowned companies in Serbia as long as possible after they have obtained
the approval. There is no doubt that the Rules on information characteristics will certainly
be changed because it is unthinkable that within the ten-year period no significant
technological advances will occur. This will probably affect certain changes and
37
Gambling Law, Official Gazette 88/2011, Art. 105
38
Ibidem, Art. 102
14. 14
amendments of the Law itself. After the validity term has expired, the operator may apply
for extension of the approval at the latest 60 days before expiry.39 If the operator wishes to
cancel the organization of the games of chance before time, he may do so but first he shall
settle all due obligations towards the tax authorities and the players40.
The approval may stop to be valid under the law if the operator ceases to fulfill conditions
laid down by the law and the rules, if he does not pay the fees or does not fulfill other
conditions prescribed by the law. Then the Administration may pass the resolution on
confiscation of the approval41. To tell the truth, such a stipulation in the Law is the indicator
that after granting of the approval all operators will be under constant monitoring of the
Administration. Nevertheless, the impression is that the sanctions, as well as the reasons for
their imposing, had to be stricter. It is interesting that the legislator has introduced an
unbelievable norm and this is that against the resolution no complaint may be made but
only an administrative dispute may be initiated within 30 days from receiving of the
resolution42. The reason for this solution is utterly incomprehensible and it would be
desirable to consider a possible change of this stipulation and to enable a complaint to every
operator who consider the confiscation of his approval by the Administration unjustified.
There are numerous arguments in favor of the possibility of making a complaint and the
most credible one is that resolving would be more efficient and timesaving.
CONCLUSION
By passing the subsidiary rules, Serbia has stepped into the modern world of internet
gambling. After many complications and unreasonable delay, a significant breakthrough has
been made in the sector of gaming. The very fact that Serbia lost an average of 400,000
euro daily that drained into the grey zone, was the biggest reason for the final disillusion
and passing of the subsidiary rules in order to suppress the grey market. Of course, the Law
itself and the Rules have their drawbacks but if compared to no regularity at all they are
revolutionary. In further development of this field, it must be considered how to amend the
defined rules and legal norms as much as possible. The aim is to attract as many as possible
renowned companies because the industry of the games of chance has a future. The
39
Ibidem, Art. 102, para 2
40
Ibidem, Art. 102, para 3
41
Ibidem, Art. 103
42
Ibidem, Art. 104
15. 15
Internet as a medium will certainly continue to develop, the computer technology as well
and so will the offering of the games of chance. So, it is necessary to follow the innovations,
develop the efficient state administration and suppress the grey market and tax evasion,
which means a much more efficient operation of the Tax Administration. Whatever rules are
passed, even the best ones, they can easily remain dead letters on the paper if they are not
implemented in the practice. Hence, Serbia did a part of the job well. The rules have been
passed and the organization of games of chance has been enabled. The second part, the
practical one, will be much more difficult because quality personnel that will implement the
rules is needed. A brief action is necessary because any delay suppresses the development,
especially in the time of fast technological progress. As we as a state are famous of very
good professionals in the IT sector, this will be a great chance to employ a large number of
young people by both the state administrational and the operators.
The revolution in the internet gambling in Serbia has begun!