JVH among the Netherlands’ “Best Managed Companies”

For the second year in a row, JVH gaming & entertainment, owner of Jack’s Casino amusement arcades, has been named one of the Netherlands’s best managed companies by Deloitte.

“Having received this award for the second year in a row is a huge compliment for our organization and our employees,” JVH CEO Eric Olders said. “We aim for continued growth in a highly regulated market through a good marriage between creativity and compliance. We are very pleased with Deloitte’s recognition of our efforts.”

 

Chambers Global – Gaming and Gambling Award for Dutch Law Firm Kalff Katz & Franssen

The new Chambers Global 2018 ranks Justin Franssen of Amsterdam-based law firm Kalff Katz & Franssen among Band 1 in the category Global Gaming and Gambling lawyers.

Sources commented how Franssen was “transformational in terms of the Dutch market, pushing back the regulators and keeping the market alive.”

Read the whole list of awards here.

 

Upcoming Events

The following upcoming events may be of interest to members of the GiH community.

  • Ruud Gullit will be keynote speaker at the Esports Insider Super Forum, a part of the wider Betting on Football conference, taking place 20-23 March at Stamford Bridge Stadium, London.
  • The next Slot Academy training course takes place 10-12 April in Leiden, The Netherlands. Download the course agenda here.
  • The GamblingCompliance Global Regulatory Awards 2018, celebrating excellence in the field of regulatory compliance and responsible gambling, will be hosted at The Sheraton Grand Hotel, London – 18 April 2018.
  • It’s Better Live! Join us for the 2nd Annual Live Gaming Summit in Barcelona, which is bringing together providers, operators, experts, and other stakeholders to discuss the latest developments in the live gaming industry on 26 April, 2018 at Casino Barcelona. Check out the event’s website for more details, or contact Willem van Oort at willem@vanoort.com.
  • Early bird tickets for the Gaming Summit, the conference of the German slot machine industry, on June 14 in Berlin are now available.
  • In 2018, the iGaming Super Show, EiG and Amsterdam Affiliate Conference come together as iGB Live!, a consolidated three brand event. The first edition of iGB Live! will take place 17 – 20 July 2018 at The Amsterdam RAI.
  • The 12th EASG Conference on Gambling Studies and Policy Issues is now scheduled for 11-14 September 2018 at the Grand Hotel Excelsior, Valletta, Malta.

 

William Hill Hit with £6.2m Penalty Package for “Systemic” Social Responsibility and AML Failures

Systemic senior management failure to protect consumers and prevent money laundering will result in William Hill Group paying a penalty package of at least £6.2m, the UK Gambling Commission (UKGC) announced earlier this week.

Between November 2014 and August 2016, the operator allowed at least ten customers to gamble with money linked to criminal offenses, the UKGC said: “Senior management failed to mitigate risks and have sufficient numbers of staff to ensure their anti-money laundering and social responsibility processes were effective.”

The £6.2m penalty payment is the second largest in the history of the UKGC after the £7.8m fine handed out to 888 Holdings in 2017 for failing vulnerable customers.

 

Sweden to Open Online Licensing Window on July 1

Swedish regulator Lotteriinspektionen has said that it will open the application process for new online gambling licenses in the country on July 1.

New remote gaming legislation – which, however, is yet to be finalized – is scheduled to come into force in the country on January 1, 2019.

“The awarding of licences and the dates from which they will be valid will depend partly on the quality of the applications and when they are received by the Swedish Gambling Authority. We will make a comprehensive assessment of both the application and of the company behind the application,” Camilla Rosenberg, director general of the Lotteriinspektionen, said.

There will be no set upper limit to the number of licenses the regulator can award.

 

Other News

In 2018, the Nationale Postcode Loterij will contribute €357m to good causes and charities, the organization announced during its annual “Goed Geld Gala.”

 

Surprisingly, the Dutch revenue service has valued the claim of Stichting Loterijverlies against the Dutch State Lottery at €379m, leaving Stichting Loterijverlies founder Ferdy Roet with a multimllion tax bill.

 

The Gaming Innovation Group (GiG) will no longer accept Dutch traffic from its affiliates, the company announced this week.

 

Holland Casino may not return to the city of Groningen, “insiders” are speculating.

 

For the first time, an addiction care facility specifically dedicated to treating gambling addiction opened in the Netherlands.

 

The Dutch Open Poker Championship is on schedule to attract more than 10,000 participants.

 

The municipality of Zoetermeer has awarded two new licenses to operate amusement arcades to Sir Winston and Jack’s Casino/Van der Valk, respectively.

 

Last week, the board of the Netherlands Gaming Authority discussed its priorities, powers, and competences, as well as the remote gaming bill, with a select number of Lower House MPs.

 

The Netherlands Gaming Authority is also looking to hire a Secretary of the Board.

 

Across the globe, digital wagers are expected to increase by 11.8% to $700bn in 2018 due to the introduction of new products and favorable online gambling laws in various countries.

 

The European Court of Justice (CJEU) has thrown out a petition from the government of Belgium seeking to annul online gambling guidelines set by the European Commission (EC).

 

The UK Advertising Standards Authority announced the publication of dedicated piece of guidance on gambling advertising, setting new standards to ensure that ads remain responsible with a particular focus on mitigating potential harms associated with problem gambling.

 

Camilla Rosenberg, Director General of Swedish regulator Lotteriinspektionen discusses the country’s expected reregulation on 1 January 2019.

 

Portugal’s regulated online gambling market enjoyed record-high revenue in the final quarter of 2017, thanks to a surge in online sports betting.

 

GVC Holdings has given away its Turkish business for free in a move it hopes will help to smooth its planned takeover of Ladbrokes Coral Group.

 

The Irish National Lottery operator demanded that the government pull the plug on what it described as “parasitic” online gambling operators—such as Lottoland, MyLotto 24 and MultiLotto—that make money off the outcome of the national draw.

 

Betsson CEO Pontus Lindwall said his company will be scaling back operations and marketing spend in the UK and is instead looking to Spain, Italy and Sweden to support growth.

 

Online gambling operator Kindred Group set revenue records in the final quarter of 2017 thanks to new acquisitions and the bad luck of sports bettors.

 

Kindred Group CEO Henrik Tjarnstrom also discussed the company’s “hyper-local” casino strategy and revealed that the company is eyeing the US market.

 

The current head of the Malta Gaming Authority, Joseph Cuschieri, has been selected to become the new CEO of the Malta Financial Services Authority.

 

Online gaming and white label software provider Aspire Global has reported a 27% year-on-year rise in its gaming revenues during the fourth quarter of 2017.

 

Live dealer casino specialists Evolution Gaming nearly doubled their profit in 2017.

 

Finnish National Lottery operator Veikkaus has said that it was able to achieve its financial expectations for the first year following its three-way merger.

 

Global online gaming company NetEnt has reported a 4.7% year-on-year rise in its revenue during the fourth quarter of 2017. Operating profits however, declined 3.9% compared to the same period in the previous year.

 

Scandinavian gaming firm Cherry AB has announced a 17% year-on-year rise in its group revenues for the fourth quarter of 2017.

 

Kambi Group has reported significant increases in key financial metrics for the final quarter of 2017.

 

Online payment specialist Easy Payment Gateway has agreed a partnership with SG Digital, the new business unveiled last week by Scientific Games.

 

Saudi Arabia will host the country’s first ever card-playing contest for cash prizes.

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