SYNOT Interactive Launches RAS Application for the Slovak Market
SYNOT Interactive is proud to announce the development and implementation of the RAS (Reporting Application System), designed in full compliance with the legal framework set forth by the Ministry of Finance of the Slovak Republic. This application has been prepared pursuant to § 14 par. 32 of Act No. 30/2019 Coll., on Gambling and on Amendments to Laws.
What is the RAS Application?
The RAS application is a comprehensive reporting tool that enables real-time data transmission from various gaming operations directly to the Ministry of Finance. This system ensures seamless regulatory compliance, streamlining the process of reporting gaming data from the following activities:
- Video Lottery Terminals (VLT)
- Amusement with Prizes (AWP)
- Video Gaming Machines (VHP)
- Live games
- Odds betting
- Online casino operations
By consolidating data from multiple gaming channels, the Reporting Application System provides a centralized solution for operators to meet Slovak regulatory requirements efficiently.
SYNOT Interactive’s expertise in regulatory compliance
With extensive experience across numerous European markets, SYNOT Interactive has a proven track record of delivering regulatory reporting solutions tailored to diverse legal environments. Our expertise in developing similar applications in other jurisdictions positions us as a trusted partner for operators navigating Slovakia’s evolving gambling landscape.
Key features of the RAS Application
- Real-Time Data Reporting – immediate transmission of gaming data to the Ministry of Finance.
- Comprehensive Coverage – supports various gaming formats, including land-based and online operations.
- Regulatory Compliance – fully aligned with Act No. 30/2019 Coll. requirements.
- Secure Data Handling – advanced encryption protocols to ensure data integrity and security.
- User-Friendly Interface – intuitive dashboard for easy management and reporting.
Why the Slovak market?
Given SYNOT Interactive’s success in other European markets, expanding into Slovakia was a natural progression. The Slovak gambling industry is rapidly evolving, with increasing regulatory demands for transparency and compliance. Our commitment to supporting operators in meeting these demands is reflected in the launch of the RAS application, designed specifically for the Slovak legal framework.
Future outlook
As regulations continue to evolve, SYNOT Interactive remains dedicated to adapting its solutions to meet new legal requirements. The RAS application is just one example of our commitment to providing innovative, compliant, and reliable products that support the growth of the iGaming industry in regulated markets.