Online casinos of Paraguay will be passed through a licensed sieve

Online casinos of Paraguay will be passed through a licensed sieve

Paraguay online casinos Paraguayan online casinos will supplement the local budget, the Republican government decided. The mechanism for connecting to a state wallet is quite simple - a licensed sieve is launched. The press reminds that the real gambling grounds were previously missed through the licensing procedure.

The implementation of the idea is gaining momentum - a bill is being developed. The government, officials of the licensing department, experts have joined forces to form a set of requirements. The license, analysts warn, will cut off the majority of unscrupulous online casinos.

Indeed, the main factor legalizing a digital platform is the availability of a real analogue. The latter must be a Paraguayan resident. Simply put, virtual clubs are permissible for physically existing casinos with a Paraguayan address.

The Government of Paraguay, commenting on the condition, explained: it is clear that the requirement will cut off most of the virtuals, but the republic will achieve the purity of the gambling business, transparency of financial flows flowing through the casino. Officials emphasize that the permit should be limited to 10 years. Next - re-licensing. Each approval of the state commission - "the functioning of an online casino is allowed" - will cost the institution $ 7 million.

Analysts, trying on the Paraguayan initiative on Ukraine, neighboring countries, complain that Paraguay's experience will not be in demand soon. A scenario typical in developing countries is played out here - to ban casinos, block online sites.

Author: Ivanov Harlam Ivanov Harlam | Last update: 25.06.2018

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