Monday, July 14, 2025
24.9 C
Podgorica
19 C
Budva
19 C
Kotor
14.6 C
Cetinje
HomePoliticsThe Montenegrin government adopted the Draft Law on Happiness

The Montenegrin government adopted the Draft Law on Happiness

Published on

spot_img

Montenegro’s Government Approves Draft Legislation on Happiness

Montenegro Government Approves Draft Happiness Law
Montenegro Government Approves Draft Happiness Law

Government of Montenegro / photo: Wikimedia Commons

Today, the Government of Montenegro has approved the Draft Law on Gambling, which will bring sustainable and systematic regulation to the sector after 20 years, as announced by the Ministry of Finance.

“After two decades of insufficient legal solutions and numerous attempts to establish new regulations, the Ministry of Finance has developed a comprehensive Law on Gambling that will sustainably and systematically regulate this area,” the statement said, as reported by Mine.

The Ministry emphasized that the aim of this legal framework is to effectively manage this area of public interest for the long term.

“The new law will be built on five pillars – socially responsible management of gaming activities, protection of minors, prevention of money laundering, and enhancement of control mechanisms,” according to the statement.

The Ministry further explained that from January 1 of this year, amendments to the existing legislation in this sector have already led to significant revenue increases and better regulation concerning money laundering.

“Nevertheless, we aim to continue refining this area by establishing frameworks for further measures against money laundering and financing within the Montenegrin sector, ensuring better oversight of managerial practices, as well as more effective monitoring of financial flows and player behavior,” the ministry indicated.

Slot machine
Photo: pixabay.com

The new legal framework, as mentioned, was developed with a keen understanding of its specific nature, which encompasses economic, social, and health dimensions.

“Thus, we approached the regulations in this field with a commitment by the state to address or minimize negative impacts, through socially responsible measures aimed at protecting minors and ensuring the public’s accessibility to information,” the statement further highlighted.

The new regulations will also enhance the inspection sector, defining clear responsibilities in terms of professional supervision and field inspections.

“The creation of this legal solution was preceded by open and comprehensive dialogue with stakeholders, who provided several comments and suggestions that were carefully considered by the professional team of the Ministry,” concluded the announcement.

(Tagstotranslate) Business

Latest articles

Budva: PZP lost its director, URA took over Funeral Services and MSC

Budva: PZP Loses Its Director as URA Assumes Control of Funeral Services and MSCBudva:...

Vešović dreams of the Champions League if he stays, Janković dreams of a better European season

Vešović Aspires to Champions League Glory if He Stays, While Janković Aims for an...

Confident Lakers win, Dončić's great night, Jokić's triple-double

"Lakers Shine with Confidence, Dončić Steals the Spotlight, Jokić Delivers Triple-Double"Confident victory for the...

Silver for our cadets, Spanish women better again in the final

"Silver for Our Cadets: Spanish Women Triumph Again in the Final"...

More like this

Budva: PZP lost its director, URA took over Funeral Services and MSC

Budva: PZP Loses Its Director as URA Assumes Control of Funeral Services and MSCBudva:...

Fire at a family house in the Lovanja neighborhood

Fire Breaks Out at Family Home in the Lovanja Neighborhood ...

Ibrahimović and Pearce signed a Joint Declaration on Strategic Partnership between Montenegro and the UK

Ibrahimović and Pearce Sign Joint Declaration for Strategic Partnership Between Montenegro and the UK...