In a move that has raised eyebrows across the global financial community, including the European betting and iGaming sectors, in January 2024, Montenegro has enacted amendments to its gambling laws that effectively ban the use of modern electronic payment methods, including Apple Pay, PayPal, mobile banking, IPS, and e-banking.
Given public outcry and industry backlash, the next version of the law is allegedly expected in August.Country has no obligation to comply with EU rules
Ironically, the Minister of Finance stated a few days ago that the country has no obligation to comply…