Belarus is in the western part of east European Plain on the northern periphery of the Eurasian landmass, with Russia to the east, Latvia and Lithuania to the North and Poland to the West and Ukraine to the South. It was independence on August 25, 1991. It is possible to have a good time and win money on betting in Belarus. This guide also describes the development of the gambling laws, the present situation of the laws, the best sports betting platform and betting sites in Belarus, and most famous achievements in sports.
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Table of Contents
Summary of Key Events
History of Gambling Legal Regulation in Belarus
When it comes to gambling legislation in Belarus, one can easily say that the country has a rich and, to some extent, rather complicated history. Thus, the knowledge of the transition can be helpful in the analysis of the present state of betting.
Early Regulations and Milestones
Since 2001 gambling is legal in Belarus. Key milestones include.
- January 10, 2005: By the Decree No. 9 the Regulation on Gambling Activities was adopted.
- September 1, 2010: Decree No. 450 provided for the rules on licensing of some activities.
- November 19, 2010: Decree No. 599 enhances the regulation of gambling procedures in the operations of the business.
Thus, these milestones became the basis of the well-organized, clear-cut gambling industry in Belarus.
Modern Legislation
The present and the most recent gambling laws in Belarus are intended to provide justice and safeguard the interests of the public. Key regulations include.
- January 12, 2011: Thus, Resolution No. 31 endorsed the concept of the gambling business development.
- December 29, 2011: In addition Resolution No. 1762 specifically outlined the working of a special computer cash system.
- February 18, 2011: Resolution No. 211 contained measures taken from Decree No. 599.
- December 31, 2014: The Model Rules of Internal Control were endorsed under Resolution No. 44.
The following are the laws that regulate gambling activities in various countries; these laws are put in place to protect all the parties involved.
Regulatory Agencies of Betting Sites in Belarus
The gambling industry cannot function properly without appropriate regulation as it is important for the industry’s credibility. In Belarus, several agencies have the responsibility of regulating gambling activities.
Key Regulatory Bodies
- Ministry of Taxes and Duties: It also has the responsibility of giving out licenses and the collection of taxes on gambling activities.
- Council of Ministers: Ensures the formulation and or amendment of gambling laws.
- Ministry of Finance: Regulates the working of financial rules in the gambling business.
These bodies collaborate to ensure that all the gambling activities conducted are fair and are done in a transparent manner.
Types of Bets Allowed and Prohibited
It is vital to know what is permissible and what is prohibited in order to bet properly.
Permitted Bets
The following are the types of bets allowed by Belarusian law.
- Casino Games: Computable components of the response are card games, roulette, and craps.
- Slot Machines: It is easily accessible in the conventional platforms, the land based casinos.
- Sweepstakes: Frequent among the sports fans.
Prohibited Bets
Certain types of bets are not allowed, including:
- Unlicensed Online Gambling: Very much controlled and monitored to the extent of the law.
- Underage Betting: People aged 18 years and above are the only ones that are allowed to engage in gambling.
These are the modern set of rules which aim at safeguarding the consumers and maintaining fairness in the betting process.
Acquiring a Gambling License in Belarus
It should be noted that one has to be licensed to carry out gambling business in Belarus. Below is a step by step guide of how it works.
Application Process
To obtain a gambling license, applicants must:
- You have to apply to the relevant ministry including all the information about the legal entity and the services it proposes to offer.
- Submit annexes of the constituents and registration documents.
- Submit a state fee of five hundred base units.
Approval and Fees
The Ministry of Taxes and Duties considers the applications within 15 working days. Licences are issued for 10 years which gives the operators stability for the operations.
Taxation on Gambling Activities
The tax is an obvious and essential element in the sphere of gambling. Here is how it is done in Belarus.
Tax Rates
Since 2019, new tax rates apply:
- Gaming Tables: 7140. 95 BYR
- Slot Machines: 241. 53 BYR
- Sweepstakes: 2250 BYR
- Bookmakers: 1500 BYR
Such rates guarantee the gambling industry’s contribution to the national economy.
Best Betting Sites in Belarus
Are you in the mood to make a wager? Below is a list of some of the best betting sites that operate legal in the market of Belarus.
1xBet
1XBET is a bookmaker’s company that has a vast list of sporting events and casino games with good odds.
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22Bet
22Bet is an international company that offers a live stream option and has a fast payout system.
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Melbet
Melbet is known for offering numerous market options and using services of customer support service available round the clock.
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Some of the talents in Belarusian sports
Sport has always been traditionally developed in Belarus and the country has many successes in this sphere. Here are some highlights.
Olympic Glory
Belarusian athletes have also performed exceptionally well in the Olympics, some of the famous Belarusian Olympians include.
- Sergei Martynov: Gold in 50m rifle shooting (2012).
- Victoria Azarenka: Bronze in Tennis in 2012 and a silver in 2016.
- Aliaksandra Herasimenia: Achievements in swimming including being a multiple times an Olympic medalist.
World Championships
Belarus has boxing, wrestling, and weightlifting where it has produced world champions, thus illustrating the versatility of athletes in the country.
Team Sports Success
The Danish national football and ice hockey teams have enormously contributed to the national achievements; thus, the football team has reached the quarterfinals of the 2006 FIFA World Cup, and the ice hockey team has won the 2014 IIHF World Championship.
Neighbour Countries Regarding Gambling Laws
More information can be obtained from the regulations on gambling in the neighboring countries.
- Russia: Gambling is prohibited and there are areas that are allowed for gambling legal activities.
- Lithuania: Apart from this, there is a proper licensing system, and rules and regulations are followed properly for a fair game.
- Poland: Polands gambling legislation is still based on the principles of consumer protection and the prevention of gambling addictions.
Conclusion
Belarus could be deemed as a country that is very suitable for sports betting aficionados and has a rather well-organized system. It is therefore important to know the legal requirements on betting, the regulating authorities and the best betting sites so that one can be able to place his or her bet without any problem. To get more information and to discover the most reliable betting sites, do not miss our review.
FAQ of Betting Sites in Belarus
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