UK Labour Party Promises to Tighten up Gambling Regulations

If Labour wins the next general election, the UK government will introduce a number of policies that would significantly tighten up gambling regulations.

Additional measures are necessary in order to tackle the ongoing “addiction epidemic,” Labour’s deputy leader Tom Watson said.

The proposals include:

  • a £100m-a-year levy on gambling firms to fund addiction treatment;
  • a ban on the use of credit cards to place bets;
  • rules to allow addicts to ask their bank to block gambling transactions;
  • new clinical guidelines on treatment for problem gamblers.

“Problem gambling is Britain’s hidden epidemic and we must treat it as a public health emergency,” Watson added.

 

Swedish Regulator: Market Reform Cannot Come Soon Enough as Unlicensed Operators Continue to Thrive

Sweden’s gambling market grew 1.5% year-on-year to SEK11.2bn (€1.08bn) during the first half of this year, figures released by the country’s regulator Lotteriinspektionen show.

However, licensed operators reported a 1.9% decrease in GGR, while unlicensed operators saw their turnover grow with 12.5%.

Lotteriinspektionen analyst Magnus Granlund said hat unlicensed operators’ gains would only continue in the months leading up to January, when the re-regulated Swedish market opens.

This long-term trend “shows the importance of a re-regulation of the Swedish gambling market with a new gambling law and a license system coming into force,” Granlund added.

 

Artificial Intelligence Predicts Problematic Gambling Behavior

Mindway, winner of GiH’s Responsibility in Gaming Award for Industry Innovation of the Year 2018, has developed a method based on artificial intelligence (AI), that is able to evaluate online gambling behavior and to successfully predict the need for self-exclusion, limit setting, or other responsible gaming measures.

Mindway’s AI furthermore generates targeted and individualized conversation guides that can be used in reaching out to customers, either online or by helpline staff.

 

Upcoming Events

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

  • The Responsible Marketing For Gambling Operators Conference, which focuses on the changing regulatory landscape around promotions, will take place on October 3, 2018, in London.
  • On October 16, Kindred Group will host the Sustainable Gambling Conference in Stockholm, Sweden. The conference aims to highlight different perspectives on sustainable gambling by bringing together stakeholders from the industry, academia, and regulators.
  • The Lisbon Affiliate Conference will take place on 17-20 October 2018 and is expected to bring together the key stakeholders in the iGaming affiliate industry.
  • On 14 November, trade association VAN Kansspelen will hold its annual members’ meeting. The members’ meeting will be followed by a product presentation, showcasing the latest innovations in land-based gaming products.
  • Clarion Gaming has launched ICE Sports Betting USA, a two-day event to be held in New York on 27 and 28 November, 2018.

 

Council of State Upholds Fines to Unlicensed Operators

The Council of State, the Netherlands’ highest administrative court, has upheld on appeal two fines issued by the Netherlands Gaming Authority to two separate unlicensed online operators.

The Council upheld the €150,000 fine issued in 2013 to Onisac Limited and Mansion Online Casino Limited, as well as the €180,000 fine issued in 2014 to Co Gaming Limited (previously Come On Europe).

Remote operators who have been sanctioned by the Netherlands Gaming Authority for offering unlicensed games of chance to Dutch consumers will not be able to acquire a license when the online market opens, Minister for Legal Protection Sander Dekker recently confirmed.

 

Other News

Holland Casino has agreed to sponsor Museumplein Polo Amsterdam, a unique polo tournament in the middle of Amsterdam.

 

Holland Casino is looking to hire a Senior IT Auditor.

 

The European Casino Association(ECA) has announced a new partnership with GBG, global identity data intelligence specialists.

 

PokerStars, the world’s largest online poker site, is preparing a virtual reality version of its online poker software in expectation of a commercial release in the future.

 

Cherry AB subsidiary ComeOnhas announced the launch of a new German market orientated brand named Blitzino.com.

 

NetEnt has launched into a new regulated market through a partnership with Lithuanian betting company TOP sport.

 

Greek gaming giant OPAP has acquired a 36.75% stake in TCB Holdings Ltd for a consideration of 50 million euro.

 

Online gaming supplier GAN says it is on track for record revenue and growth in 2019.

 

GVCHoldings has integrated a selection of content developed by CR Games, the in-house studio of the Ladbrokes Coral Group, into its casino product offering.

 

GVC Holdings has also agreed to fund a major US problem gambling study.

 

In a two-part series (1, 2) betting veteran Kevin Dale describes the current betting ecosystem and what its implications are for operators.

 

Online betting and gaming operator Tempobet hasrenewed its agreement with Spanish football giants Real Madrid and Barcelona to advertise at both clubs’ away league fixtures throughout the 2018/19 La Liga season.

 

Russian bookmaker Fonbet has become an official partner for Spain’s La Liga on a three year deal.

 

A New Jersey sports bettor is more than $82k richer after the FanDuel Group agreed to pay his winnings despite an obvious software glitch.

 

Australian bookmakers have been hit with 8% point of consumption tax in the state of Victoria.