Council of State Orders Review of Dutch Lottery Monopolies Thanks to a ruling by the Council of State, the Netherlands’ highest administrative court, the Netherlands Gambling Commission has to explain why having only single licenses for operating the State Lottery and De Lotto does not violate EU law. Depending on the outcome of this review, both monopolies, currently operated by Nederlandse[Read More…]

Dutch Financial Regulator Preparing Binary Options Ban The Netherlands Authority for the Financial Markets (AFM) is preparing to introduce a complete ban on binary options and to introduce restrictions on CFD trading. The measures being proposed by the AFM mirror last year’s decision by the European Securities and Markets Authority (ESMA) to renew, for a second time, its temporary ban on[Read More…]

Bookmakers Blindsided by Stunning Ajax Win in Madrid Not very surprisingly, bookmakers considered Real Madrid the clear favorites in their match against AFC Ajax. On average, they gave a bet of 1.65 for a Real Madrid win, whereas the bet for Ajax winning the game was 5.50. Following their stunning upset, shares of AFC Ajax NV jumped 9.5% to 16.80 euros at[Read More…]