Join Us to Discuss the Impact of the Dutch Election Results on March 30
Last week’s Dutch Lower House election was convincingly won by the People’s Party for Freedom and Democracy (VVD), the Netherlands’ most enthusiastic proponent of a liberalized gaming market.
Any viable government coalition, however, will need the support of the Christian Democrats (CDA), who are outspoken opponents of both regulated online gaming and the privatization of Holland Casino.
As both the remote gaming bill and the casino reform bill are still under consideration by the Senate, the outcome of last week’s election could have a major impact on the future of gaming in the Netherlands. The Senate will decide on March 28 which legislative proposals are to be declared “controversial” and will not move forward until a new government is installed.
Two days later, on March 30, Gaming in Holland will organize a meeting to discuss the consequences of last week’s election. Our speakers are:
- Justin Franssen, gaming lawyer at Kalff Katz & Franssen
- Bert Bakker, Senior Consultant at Meines, Holla & Partners
- Eric van Vondelen, independent gaming advisor
- Sanne Muijser, General Secretary at VAN
The meeting will take place at Café Restaurant Dauphine, Prins Bernhardplein 175, 1097 BL, Amsterdam, from 15:30 until 18:00. We will conclude our meeting with networking and business drinks.
If you would like to attend, please send an email to email@example.com.
We hope to see you there!
Specific Statute Prohibiting Match-Fixing “Not Necessary”
Responding to questions from MP Tjeerd van Dekken (PvdA) Minister of Security and Justice Stef Blok stated that the Dutch government is not preparing to criminalize match-fixing as such. Existing legislation that prohibits fraud and corruption suffices, the minister said.
UK Gambling Commission Warns of Dangers of Virtual Currencies, Skin Betting, and Social Gaming
The UK Gambling Commission (UKGC) has released a position paper on virtual currencies, eSports, and social casino gaming.
The UKGC warned parents to be vigilant to the dangers of children gambling on video games. “Mums and dads could be giving money to a child thinking that they are playing a computer game when in fact they are gambling and this is a real worry,” UKGC chief executive Sarah Harrison said.
Likewise, the Norwegian Gaming Authority (NGA) is taking direct aim at gambling operators who are illegally offering skin betting in the country amid rising cases of underage gambling.
German States Approve Amended Interstate Gambling Treaty; Set Collision Course with EC
Germany sets a collision course with the European Commission by approving an amended Interstate Gambling Treaty:
“[…] the Treaty has already been criticised by the EC, which offered a damning assessment of the legislation just days before the conference was due to start.
It is seen as continuing to push an unenforceable ban on online casino and poker, as well as giving those with a provisional permit an unfair advantage over new market entrants. The EC noted that it had also fundamentally changed the economic terms of operating in Germany without updating the legislation accordingly.
This means the EC could launch infringement proceedings against Germany as soon as the Treaty comes into effect.”
UK Bookmakers Advised to “Brace Yourselves”
Jim Mullen, chief executive of Ladbrokes Coral Group, has warned that proposed changes to stake limits on fixed-odds betting terminals (FOBTs) in the UK could lead to the closure of hundreds of betting shops.
Meanwhile, British MP John Whittingdale, who formally held responsibility for gambling in the UK government, warned UK bookmakers to brace themselves for some bad news on FOBTs.
“I can’t say I would be surprised if there are quite radical measures produced when we come to it and I think you should brace yourself,” Whittingdale said.
Nederlandse Loterij: “Retailers Need to Embrace Online Gaming”
Although retailers reported a slight revenue increase from selling gambling-related products over the past few years, innovation remains necessary, according to Dennis van der Quast, Manager Account Management at Nederlandse Loterij.
“Online gaming companies already earn hundreds of millions of euros in revenue in the Netherlands,” Van der Quast says. “In order to remain successful, retailers need to embrace online products.”
Nederlandse Loterij calls upon retailers to contribute ideas to its ongoing product innovation.
In related news, Nederlandse Loterij is currently migrating all existing player accounts to a single website.
A lucky punter won €1.7m in Holland Casino Breda playing the Mega Millions slot machine game.
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State Secretary Klaas Dijkhoff, who is currently responsible for gambling policy, betted on the number of preference votes he would receive.
Gambling and insurance have common roots.
Lottoland, mostly known for its bet-on-lotteries business model, filed an application to organize its own lottery in several German federal states.
The Finnish and Austrian gaming brands Veikkaus and win2day have joined forces to launch a joint poker network using liquidity from both player bases.
Due to the popularity of Trump-related bets among punters, Irish bookmaker Paddy Power is actually looking to hire a “Head of Trump Betting.”
Betfred, one of the UK’s best known betting brands, has announced the launch of “Betfred Social” in partnership with social casino developer Caleta Gaming.
Casino mogul Sheldon Adelson is the world’s richest gambling executive with an estimated net worth of $30.4bn.
Amaya founder and former CEO David Baazov has formed a new global investment company.
West Virginia has become the seventh US state to push for the regulation of online gambling.
Could India, home to 17.5% of the world’s population, be the next country to fully regulate sports betting and casino gaming? According to a KPMG report, the gaming industry in India is estimated at around $60bn per year and the figure is expected to rise with the advent of online gaming.