Gaming in Spain & EGR to Organize Conference on Spanish Regulator’s Latest Licensing Round
The Spanish regulator Dirección General de Ordenación del Juego (DGOJ) recently announced it would soon begin accepting new applications for online gambling operators interested in entering the country’s regulated market.
Within the next three months, a one-year window will open in which operators can submit applications.
As successful applicants will be allowed to start operating within six months after submitting their license applications, avoiding unnecessary delays is of importance.
Spain’s online gambling market has grown significantly in recent years, reporting a solid growth of more than 10% YoY in H1 2017. The Spanish online market is currently close to maturity, which allows for a detailed, in-depth discussion of statistics, business models, marketing and taxation.
To discuss the specific opportunities this new licensing round brings to interested operators, Gaming in Spain offers a dedicated, English-language conference on October 27 in central Madrid that is primarily aimed at international operators who may be considering to enter the Spanish market.
Visit www.GamingInSpain.com to learn more or to register your interest.
Scientific Games Acquires NYX Gaming Group
US gaming technology giant Scientific Games Corporation has acquired Canadian online gambling technology provider NYX Gaming Group for US$630m (11x run-rate EBITDA).
The move may have come about in anticipation of the possible legalization of sports betting in the US, the accompanying press release reveals:
“Scientific Games will now be perfectly positioned to capitalize on future regulatory developments in real-money wagering and sports betting by adding NYX’s industry-leading OpenBet Sportsbook. NYX’s digital Sportsbook can be seamlessly delivered throughout Scientific Games’ global gaming and lottery networks in existing and future regulated U.S. and global markets.”
Matt Davey, CEO at NYX, also offered an exclusive insight into the company’s acquisition by Scientific Games.
Check out Gaming in Holland’s Daily News Updates!
We would like to remind you that Gaming in Holland is providing our readers with daily news updates. You can check these out on our website under the heading “Today’s News.”
Every morning of every weekday – with the exception of Wednesday, when we send out our weekly newsletter – we will post a brief overview of the most important national and international gaming news.
Also, keep an eye on our Twitter account @GamingInHolland, as we use it to announce whenever a new daily news update is posted to our website.
The following upcoming events may be of interest to members of the GiH community.
- Registration for the 2017 Excellence in Gaming conference, which will be taking place 30 October-1 November 2017 in Berlin, is now open. This year’s edition will feature an Open Space: “No speakers, no moderators, no predefined topics, no imposed structure, closed doors, full confidentiality, and […] ‘honest conversations.’”
- On 24 November, Malta’s largest iGaming conference SIGMA’17 will feature a session on regulatory developments in the Netherlands, moderated by GiH founder Willem van Oort. Conference registration is open. Gaming in Holland and Leaseweb invite SIGMA’17 attendees to join us for drinks on Thursday, 23 November 2017, starting at 7:30 pm. Places are limited, so please reserve your place today by registering here.
- ICE Totally Gaming returns on the 6-8 February 2018 to ExCeL London. ICE is a unique gathering place for all the major gaming players including operators, regulators, and more. This year, Gaming in Holland will also have a stand!
German Gambling Reform Fails Again
The latest attempt to modernize Germany’s Interstate Treaty on Gambling has failed as the states of Schleswig-Holstein and Nordrhein-Westfalen decided to withdraw their support.
The parliament of Schleswig-Holstein announced it would not ratify the treaty, arguing instead for an entire new law that would include licenses for online casinos. The proposed treaty, that would only legalize sports betting, is also not in compliance with EU law, the regional government said.
As a result, the treaty will not come into force on 1 January 2018 as planned. Instead, the current gray market scenario persists, whereby sports betting is tolerated for EU-licensed operators as long as they comply with material regulatory requirements like advertising restrictions and anti-money laundering obligations.
Furthermore, regulatory uncertainty over land-based gaming halls in Germany, has caused Austrian gaming giant Novomatic to put its proposed initial public offering on hold.
“The implementation of the new German regulation is filtering through more slowly than expected and it is difficult for investors to fully assess the effect on Novomatic’s business,” a person close to the matter told Reuters.
The IPO was seen valuing the company at more than 5 billion euros.
The Holland Casino branch in the city of Groningen that was totally destroyed by fire in late August, was in full compliance with all fire safety regulations. Local inhabitants may be invited to help decide on the new temporary location in the city.
Netherlands-based operator GamePoint has now been blacklisted by the Belgian Gambling Commission.
Spillemyndigheden, the Danish gambling authority, reported a 4% growth of Denmark’s gambling market in Q2 2017.
Bookmaker Interwetten has gone live in Sweden ahead of the re-regulation of the country’s online gaming market.
Kindred Group will support and fund a mobile application designed to offer help to problem gamblers.
A number of UK-facing operators, including Kindred Group, have reaffirmed their commitment to their affiliate programs, while also warning partners to beef up their compliance practices.
The Malta Gaming Authority is in the midst of planning the legalization of cryptocurrencies in online casinos.
Blockchain technology could significantly facilitate the licensing process for the gaming industry, according to a recent publication.
The UK Labour Party is considering a plan that would compel gambling operators to fund National Health Service treatment for gambling addicts.
Traditional sports still offer higher returns to fixers than eSports. But perhaps not for long, The Economist reports.
Finland’s gambling monopoly Veikkaus has reported a 0,5% decrease in H1 revenue. However, the company also, for the first time, exceeded the milestone of having more than two million registered customers.
The Stars Group, parent company of online poker giant PokerStars, has increased its annual revenue guidance following what it sees as a “very positive consumer response” to Stars Rewards, the company’s new VIP program.
Endemol Shine Group has announced a joint venture with Black Cow Technology to launch a new B2B games platform called “Playzido.”
Betcart.com has agreed a multi-year deal to become the official betting partner for Real Madrid C.F.
Live games from Lithuanian provider BetGames.tv are now live in Italy with operator Microgame.
Playtech has completed its migration of casino rooms to what it claims is the “world’s largest” live casino studio in Latvia.
Former Amaya Gaming CEO David Baazov is being sued by a Dubai investor who claims Baazov fraudulently used the investor’s name to build support for an Amaya takeover bid. Baazov, moreover, was never the true majority shareholder of the business, the Canadian financial regulator Autorité des marchés financiers (AMF) stated in recently filed court documents.
Global foreign exchanger supplier Brickhill Capital will become English Premier League club Southampton’s official Asian trading partner.
A new poll conducted by the Washington Post and the University of Massachusetts Lowell h