As usual, we bring you some fresh (and perhaps surprising) news from the world of gaming.
Trade Organization VAN to Represent Online Gaming Providers
VAN, the Dutch trade organization of land-based gaming machine operators, will henceforth also represent online gaming providers.
Current members with concrete plans to offer online gaming services, once these are fully legalized in the Netherlands, have united in the new VAN-section “Online”.
President Frits Huffnagel expects this section, at some point in the future, to open up its membership to online gaming companies who are not current members of VAN.
“It is furthermore quite possible that in a few years land-based casinos would also join VAN,” Huffnagel adds.
At present, state-owned Holland Casino is still the only legal provider of live casino games in the Netherlands.
Dutch Citizens Not Tax Liable for (Online) Gambling Winnings Obtained in Other EU-Countries
Gaming providers based in the Netherlands are obligated to withhold taxes on gambling winnings. The players themselves are not tax liable. By contrast, players are personally liable for winnings obtained in foreign countries.
This distinction makes it likely that foreign winnings are taxed more heavily than domestic gains, according to a recently published decision of the Dutch Supreme Court.
The resulting distinction in tax liability regarding foreign and domestic winnings is a violation of the principle of the free movement of services within the EU, the Court further found.
Consequently, the Dutch Internal Revenue Service may no longer tax any gambling winnings obtained from providers based within the EU.
GTECH to Rebrand as IGT
GTECH, the largest global lottery business, and IGT, supplier of computerized gaming equipment, are in the process of merging. The new company will adopt IGT’s name and GTECH’s visual identity.
Current GTECH International (soon: IGT International) CEO Walter Bugno is scheduled to speak at the 2015 Gaming in Holland Conference, which will be held in Amsterdam on June 22 & 23.
ComeOn! CEO Steps down Ahead of UK Push
“Hans Martin Nakkim has stepped down as CEO of European igaming operator ComeOn! Nakkim will remain with the operator taking a director role and focusing on building the company’s white label B2B services,” SBC News reports.
EGR Magazine, which initially broke the news, also reported that ComeOn! is looking to expand its UK presence.
ComeOn! is set to launch a white-label casino aimed at the UK market, while also making a big marketing investment.
Malta-based ComeOn! was recently fined € 180.000 by the Dutch gaming regulator for specifically (and illegally) targeting Dutch customers.
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