European Gaming Lawyer magazine Spring 2014 | Page 31

will finish. The Ministerial Orders will be signed by the Minister and the regulation for online slots and for exchange betting will be finally approved. Regarding the content of the draft versions for the regulation of online slots and exchange betting, we must emphasize that most of the fundamental aspects of the regulation are kept at the discretion of the operator. Therefore, in general terms, both texts are quite open-handed. The draft regulation for online slots entitles the operator to decide about aspects such as prizes that can be obtained by the player, the minimum payout percentage, and the minimum and maximum amounts to bet, with no limitations other than those relating to the limits per gaming session (which in practical terms and according to the definition provided by the draft, should not cause disturbance to the operator nor to the player). Additionally, progressive jackpots are allowed and following the drafting, they can be shared among the different types of each operator’s slots ma