Polish Interest In Online Gambling Confirmed
Published: Tuesday, April 29, 2008 Online-Casinos.com
POLISH INTEREST IN ONLINE GAMBLING CONFIRMED
Business journal reports factors that influenced the move to legalise
The Warsaw Business Journal has confirmed last week's news that the Polish government is about to take a more pragmatic and positive view on the regulation of online gambling (see previous Online-Casinos.com/InfoPowa report)
The Journal confirms that Deputy Finance Minister Jacek Kapica has intimated that the government plans to legalise online gambling by the end of the (2008) year, a radical change in direction from the position taken by the previous conservative Law and Justice (PiS) government, which ruled against online betting after Ministry of Finance analysts argued that the cost to the state would be too great.
The analysts claimed that any budget revenues from online gambling would be lower than expected, whereas the cost of regulating the industry would be high. However, according to Merrill Lynch estimates, gross online gambling revenues could reach as high as US$48 (zł.106) billion by 2010, making it an extremely lucrative business.
Minister Kapica had previously opined: "We cannot control this process anyway and it is better that the Budget at least derives some revenue from it."
In speculating on the issue, the Polish press has suggested that the government's change of heart was influenced by last year's European Court of Justice ruling that Italy may not use criminal law to ban fellow EU member states-based online gambling companies from attracting Italian players.
An old favorite brought back under a new software brand, U.S. friendly.
Use just one account to access poker, sports book and casino gaming.
Excellent number of high-quality games and great support.
Nice sign-up and on-going bonuses with fast cash withdrawal processing.
Good selection of fun games including some new, innovative games on offer.
Huge sign-up bonus with reasonable wagering requirements and an excellent look and feel.
New players receive an insane 200% bonus up to $1000 free on both their first and second deposit.
New players offered up to $888 free in sign up bonuses, a special bonus available for blackjack players as well.
