Slovakia’s Online Market to Open in July 2019

Slovakia’s online gambling market will open in July 2019. The decision by the parliament of the Slovak Republic leaves the Netherlands even more of an outlier in the EU.

Online betting licenses and online casino licenses will be valid for ten years. For a combined land-based and online casino license, the maximum license period is five years with an option for an additional five years.

The cost of online licenses will be set at €3m for online betting and for online casinos, although if operators apply for both, the combined cost will be reduced to €5m.

The tax rate for online operators will be 22% of GGR.

Any operators who were issued with a Blocking Order under the old Gambling Act will remain blocked under the new licensing regime.

 

UK Voluntary TV Live Sports Advertising Ban Expected this Week

Despite media reports, UK-facing gambling companies have not yet agreed to a complete ban on advertising during live sports broadcasts.

However, an agreement on a voluntary ban is expected sometime this week.

Sky Gaming & Betting CEO Stephen van Rooyen, however, has claimed the gambling industry’s plans for a whistle-to-whistle ban on advertising during all sports broadcasts will do little to improve consumer protection standards.

He said the move would simply shift advertising investment online, where there is less regulation and lower standards of customer protection.

A Harris Interactive survey found that 81% of the UK public agreewith a whistle-to-whistle betting advertising ban.

The survey also found that one in five punters have indicated they would stop bettingon live sports events should an advertising ban during sports broadcasts be agreed.

 

Upcoming Events

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

  • Betting on Sports Americais the largest sports betting conference & exhibition in the US, featuring 175 leading industry speakers across 40 sessions. The event is scheduled to take place 23 – 25 April, 2019 in New York/New Jersey.

 

European Regulators: Gambling in Video Gaming “Most Important Challenge”

Children who play computers games that offer randomized rewards (e.g., loot boxes) could be more likely to become problem gamblers in adulthood, the first study to show a link has found.

Not coincidentally, a clear majority of European gambling regulators see gambling in video gaming as their most important challenge. “Resistance is growing rapidly,” Peter Naessens, Director of the Belgian Gambling Commission says.

In related news, the UK’s Department of Culture, Media, and Sport (DCMS) has launched an inquiry into the growth of “immersive and addictive technologies.”

The investigation will look into the connection between video gaming and gambling, with the DCMS presenting its findings and advice to the government on how to create policy that protects the public.

 

Other News

Eindhoven-based game development studio Stakelogic has agreed a deal to integrate its content with platform provider Relax Gaming.

 

Her Majesty Queen Máxima of the Netherlands opened the sustainably refurbished head office of charity lottery operator Goede Doelen Loterijen.

 

Nederlandse Loterij is looking to hire a PR and Communications Specialist.

 

As part of this month’s Gold Rush Campaign, visitors of Holland Casino have the opportunity to win gold when playing table games or slots machines.

 

The Stars Group and Betway are among the latest operators to receive online licenses from Sweden’s regulator.

 

The UK online gaming industry has seen total gross gaming yield (GGY) for the twelve months ended March 31 climb to £5.3bn (€6bn), with the sector now accounting for 37% of the market total.

 

Danish gambling regulator Spillemyndigheden has reported a 9.7% increase in market revenue for the third quarter of 2018, though the continued declines of the gaming machine and land-based casino verticals is slowing market growth.

 

The European Gaming and Betting Association (EGBA) has just published the latest issue of its quarterly magazine. The current edition focuses on responsible gambling tools.

 

Sweden’s gambling regulator Lotteriinspektionen, which will rebrand as Spelinspektionen from January 1, has unveiled its new logo, which all licensed online operators will be required to display on their new Swedish-facing gambling sites.

 

The UK government is mulling whether to restrict its citizens’ capacity to use their credit cards for gambling purposes, according to a new Tory minister.

 

Barclayshas become the first UK High Street bank to allow its customers to switch offcertain types of spending on their debit cards. The idea is to help vulnerable customers, particularly problem gamblers, or those in serious debt.

 

The most common reason for sticking with a bookmakeris its loyalty program, according to a new survey of over 1,000 punters. More than 46% of respondents chose loyalty program as the reason for using a bookie while 28% said a loyalty program persuaded them to choose a company initially.

 

Betsson is planning to move its London-based operations to Malta in 2019 as part of an ongoing effort to increase the efficiency of its UK operations.

 

Betsson also confirmed that its NetPlay subsidiary will not be renewing its television contracts with UK broadcasters ITV and Channel 5 as it prepares to close the division’s London office.

 

SBTech extended its sportsbook supply deal with the Czech Republic’s national lottery operator Sazka.

 

Operator 888 has announced the acquisition of the remaining 53% of All American Poker Network (AAPN) for $28m.

 

Oddschecker has announced plans to launch a new live analytics service that will show bookmakers how many punters are clicking through to their prices against their rivals.

 

A survey conducted by a New Jersey university suggests that sports betting may drive an increase in sports viewership.

 

Gambling has brought the state of Pennsylvania more than $385mduring its first year since being legalized in the state.