{"id":6951,"date":"2024-04-10T12:18:46","date_gmt":"2024-04-10T12:18:46","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/04\/10\/major-gaming-brands-including-betway-bet365-888sport-and-william-hill-banned-in-dominican-republic\/"},"modified":"2024-04-10T12:18:46","modified_gmt":"2024-04-10T12:18:46","slug":"major-gaming-brands-including-betway-bet365-888sport-and-william-hill-banned-in-dominican-republic","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/04\/10\/major-gaming-brands-including-betway-bet365-888sport-and-william-hill-banned-in-dominican-republic\/","title":{"rendered":"Major Gaming Brands Including Betway, Bet365, 888Sport, and William Hill Banned in Dominican Republic"},"content":{"rendered":"<div>\n<p>More than forty prominent operator brands have been blacklisted by the Dominican Republic in a definitive move that comes amid the impending <a href=\"https:\/\/igaming.org\/casino-news\/dominican-republic-all-set-to-introduce-new-regulations-for-online-gambling\/\">new reregulations<\/a> of its online gaming business. This action is in accordance with Resolution 136-2024, which established a revised regulatory framework that oversees online gaming operations in the nation.<\/p>\n<p>Resolution 136-2024 creates a regulated framework for internet casinos and lotteries, operated under the Ministry of Finance and overseen by the Direcci\u00f3n de Casinos y Juegos de Azar (DCJA). A major change in regulatory enforcement is indicated by this framework, which attempts to assure conformity with Law 155-17, \u201cAgainst Money Laundering and the Financing of Terrorism.\u201d<\/p>\n<h2><strong>Prominent Operators Barred from Offering Services<\/strong><\/h2>\n<p>The DCJA has released a list of 41 operators, including well-known names like Betway, Betsson, Bet365, and William Hill, barred from providing services within the Dominican Republic. This crackdown underscores the government\u2019s commitment to enforcing stringent regulations in the online gambling sector.<\/p>\n<p>The new regulatory measures are expected to bring about a more comprehensive and competitive landscape for online gambling in the Dominican Republic. By fostering a regulated environment, the government aims to increase state revenue while ensuring consumer protection and combating illegal activities.<\/p>\n<p>Under the new framework, licenses will be valid for five years, with non-transferability for the initial three years. The cost of obtaining a casino license is set at $346,000, while sports betting licenses will be priced at $260,000. Additionally, a third license category for \u201cother applications\u201d will be available, costing $170,000. Although taxation specifics are not outlined, it is anticipated that the gross gaming revenue rate for online operators will mirror that of land-based casinos, currently set at 29%.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"BetUS\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/BetUS.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"BetUS\" target=\"_blank\" rel=\"nofollow noopener\">BetUS<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of up to $2,500<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino &#038; Sports<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/betus\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Operators from other countries that want to join the Dominican Republic market will have to meet strict regulations. This entails registering their business with the Commercial Register of the nation, following the General Directorate of National Tax and the Office of National Contributions\u2019 registration guidelines, and maintaining servers within the nation. In addition, operators need to start up within six months of receiving the license in order to guarantee prompt adherence to regulatory requirements.<\/p>\n<p>The online gambling industry is about to undergo a major shift that will usher in a new era of responsibility and regulation as the Dominican Republic pushes forward with its re-regulation initiatives.<\/p>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/major-gaming-brands-including-betway-bet365-888sport-and-william-hill-banned-in-dominican-republic\/\">Major Gaming Brands Including Betway, Bet365, 888Sport, and William Hill Banned in Dominican Republic<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>More than forty prominent operator brands have been blacklisted by the Dominican Republic in a definitive move that comes amid the impending new reregulations of its online gaming business. This action is in accordance with Resolution 136-2024, which established a revised regulatory framework that oversees online gaming operations in the nation. Resolution 136-2024 creates a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-6951","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/6951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=6951"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/6951\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=6951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=6951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=6951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}