{"id":6050,"date":"2018-05-17T00:00:00","date_gmt":"2018-05-17T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/europe\/republic-of-moldova-opens-their-doors-to-privatization\/"},"modified":"2018-05-17T00:00:00","modified_gmt":"2018-05-17T00:00:00","slug":"republic-of-moldova-opens-their-doors-to-privatization","status":"publish","type":"europe","link":"https:\/\/www.mundovideo.com.co\/en\/europe\/republic-of-moldova-opens-their-doors-to-privatization\/","title":{"rendered":"REPUBLIC OF MOLDOVA: Opens their doors to privatization"},"content":{"rendered":"<p align=\"justify\"><font size=\"4\">Moldova&rsquo;s Public Property Agency (APP) is no longer holding the monopoly over gambling after the country&rsquo;s latest change of course regarding the provision of services of this nature,<\/font><\/p>\n<p align=\"justify\"><img decoding=\"async\" src=\"http:\/\/mundovideo.com.co\/assets\/emperador-giff-eng.gif\" alt=\"\" width=\"100%\" \/><\/p>\n<p align=\"justify\"><font size=\"4\">The responsibilities for the provision of gambling services will now be split between that state-run entity and two foreign companies.<\/font><\/p>\n<p align=\"justify\"><font size=\"5\">Novo Gaming M Technologies GmbH, a subsidiary of Austrian gambling giant Novomatic, has won the first of the two contracts.<\/font><\/p>\n<p align=\"justify\"><font size=\"4\">Under the terms of the two contracts, the National Lottery of Moldova will receive a significant portion of the gambling revenues produced in the country. The two foreign companies are thus required to contribute 75% of their lottery revenues to the state-run entity. <a href=\"\/europa\/slovenia-it-is-time-to-end-with-the-monopoly-game\" target=\"_blank\" rel=\"noopener\">READ SO: SLOVENIA: IT IS TIME TO END WITH THE MONOPOLY GAME?<\/a><\/font><\/p>\n<p align=\"justify\"><font size=\"4\">&nbsp;<\/font><\/p>\n<p align=\"justify\"><font size=\"4\">The National Lottery of Moldova will also receive 90% of the sports betting revenues generated from local betting customers, and 51% of slot machine revenues. The APP has previously said that the revenue portion the National Lottery of Moldova is set to receive is higher than in other European countries where a similar public-private partnership is in place, with neighboring Romania being among these.<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The responsibilities for the provision of gambling services will now be split between that state-run entity and two foreign companies.<\/p>\n","protected":false},"author":1,"featured_media":6051,"menu_order":620,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[3241],"class_list":["post-6050","europe","type-europe","status-publish","format-standard","has-post-thumbnail","tag-moldova-novomatic-novo-game","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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