Dutch Online Market Appears More Attractive than Spain’s

Although the Spanish regulated online gambling market ended 2016 on a high, with gross gambling revenue soaring by 32.6 percent to €125.7m in Q4 compared to the same period a year earlier, Spain appears to be lagging significantly in terms of attractiveness and profitability compared to other online European markets, according to this longread by EGR Intel.

While some analysts point to “punishing” tax rates of up to 25 percent, taxes alone do not sufficiently explain the apparent lack of attractiveness of the Spanish online market. Despite an even higher tax rate, the Dutch online market – which could open soon – does seem to not lack interest from a large number of prospective operators:

“With the Netherlands pitching its tax rate even higher than Spain with no shortage of firms looking to enter, it’s hard to make a case its current rate is not at a reasonable level, even if operators may disagree.”

 

Labor Unions Send Open Letter to Holland Casino CEO

Last Friday, labor unions FNV, De Unie, and ABC sent an open letter to Erwin van Lambaart, CEO of Holland Casino, accusing Mr Van Lambaart of spreading deceitful half-truths.

The harsh tone of the letter offers a strong indication that the ongoing industrial action at Holland Casino is not likely to cease in the foreseeable future.

 

Norway’s Gaming Authority Orders Banks to Stop Processing Payments to Gambling Operators

Norway’s gambling regulator (Lotteri-og Stiftelsestilsynet) ordered local banks to stop processing money transfers from and to payment processors used by foreign gambling operators, leaving some players unable to retrieve their winnings.

Reportedly, Unibet and Betsson are among the operators hit by the Gaming Authority’s orders:

“Betsson spokesperson Kim Rud Petersen declined to state whether or not the Group used any of the affected processors, but maintained that the NGA’s tactics represented ‘a violation of European Union law.’ Petersen insisted that Betsson would ‘continue to offer entertainment games to Norwegians’ and didn’t see that the NGA’s strong-arm tactics ‘will affect us significantly.’”

 

Gaming in Holland Conference & Expo Announces Conference Agenda

Gaming in Holland is pleased to announce the agenda for its 2017 Conference & Expo.

The highlight of the first day is an exclusive preliminary briefing on the secondary legislation, including technical standards and guidelines, of the long-awaited Dutch remote gaming bill by Dennis van Breemen, Program Manager Gaming Policy Modernization at the Ministry of Security and Justice.

Visitors of the Gaming in Holland Conference & Expo will be among the first to learn of the most important regulatory details that will be officially proposed in the weeks or months following the conference.

Don’t miss this opportunity to get a head start on staying informed of all future Dutch remote gaming regulation!

(Please note: all announced times may yet be subject to minor changes.)

 

Other News

On Sunday afternoon, employees at Holland Casino Venlo went on strike. It was the ninth strike since the middle of April.

 

Yet another class action claim foundation has started proceedings against the Dutch State Lottery. The settlement that was offered to lottery players, on account of the operator’s misleading advertising practices, should have been far more generous, according to the company Litigation Investments.

 

Dutch households are spending less on charitable giving, thus increasing the dependency of good causes on charity lotteries and increasing the need for innovative lottery products.

 

Are you looking to hire a (Dutch) gaming professional? Advertise your job with Gaming in Holland.

 

The full list of winners of GamblingCompliance’s Global Regulatory Awards 2017 has been published.

 

The European Parliament’s Culture and Education Committee decided last week that gambling advertising should continue to be excluded from the scope of the revised Audiovisual Media Service Directive (AMSD), keeping the regulation of such advertising a competency of the individual member states.

 

Betfair customers wagered more than £22m on the outcome of the French presidential election, breaking all the operator’s records for a European political market.

 

Eastern Europe could be the next big online gambling hub, with some countries, however, offering much more attractive regulatory regimes than others.

 

Footballer Joey Barton, who was suspended for 18 months for placing bets as an active player, commented that “if the FA is truly serious about tackling the culture of gambling in football, it needs to look at its own dependence on the gambling companies, their role in football and in sports broadcasting, rather than just blaming the players who place a bet.”

 

Tennis was the sport involved in 45% of reported cases of suspicious betting during the first three months of the year, according to European Sport Security Association (ESSA). Tennis now heads the number of suspicious betting cases for the ninth consecutive quarter.

 

On Monday, Novomatic opened Europe’s biggest sports betting bar in Vienna.

 

The UK Gambling Commission has fined BGO Entertainment Ltd £300k for “misleading advertising on its own and its affiliates’ websites.” The UKGC also strongly urged other online licensees to read its decision notice.

 

Paddy Power Betfair posted a 15 percent revenue increase in Q1. EBITDA increased 83 percent on a constant currency basis.

 

Scientific Games recorded a 6 percent year-on-year revenue increase in Q1 2017.

 

International Game Technology (IGT) has agreed a deal with the Rational Group to provide content to its PokerStars Casino brand.

 

iGaming Business has published a new report “The Industry landscape: Affiliates in iGaming 2017,” which can be downloaded for free with a one week trial.

 

Five reasons you should be excited for the iGaming Super Show 2017.

 

Gambling addiction among older women near or in retirement appears to be increasing in scope and severity, with a devastating impact on personal finances, according to The New York Times.

 

A small Californian Indian tribe has transformed its failed casino into a medical marijuana growing facility.

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