Netherlands Gambling Authority Issues Fines to Simbat Entertainment Systems and Spinity
The Netherlands Gambling Authority has hit Simbat Entertainment Systems Ltd and associated affiliate Spinity with fines of €270,000 and €100,000, respectively, for offering and promoting online games of chance without a license.
The Netherlands Gambling Authority already fined Simbat Entertainment Systems and Spinity in July 2017, but publication of the regulator’s decision was held up by an ultimately unsuccessful appeal to the District Court in The Hague.
Earlier this year, the Dutch Fiscal Information and Investigation Service (FIOD) seized €30m worth of money and real estate reportedly belonging to Simbat Entertainment’s owners, as part of a related investigation into illegal gambling and money laundering.
UK Bookmakers Pledge £100m Annually to Avert Crackdown
As part of an effort by the industry to improve its image, the UK’s five largest bookmakers – Bet365, William Hill, GVC, Sky Bet and Flutter – have offered to increase their voluntary donations to problem gambling causes from 0.1% to 1% of revenues over the next five years.
The new level would eventually raise £100m per year for gambling charities. Last year, the voluntary levy raised £10m.
The pre-emptive offer is part of an effort by the industry to improve its image, insiders acknowledge.
One source told the BBC: “The industry is on a precipice. If we don’t get ahead of this, we will end up where the alcohol industry was 10 years ago and tobacco 30 years ago. The fear is that we face a ban on touchline advertising or football shirt sponsorship.”
The following events may be of interest to members of the GiH community.
- The European Casino Association’s annual Industry Forum, gathering high-level representatives from the licensed land-based casino industry across Europe, will take place in Cannes-Mandelieu on 25 – 26 June.
- 115+ speakers already confirmed their attendance at the World Gaming Executive Summit, 2 – 4 July in Barcelona.
- The Trimbos Instituut, a Dutch non-profit research and knowledge center for mental health and addiction, will organize an afternoon session on online gambling on August 22 in Hilversum.
- The IMGL Autumn 2019 Conference takes place September 11–13 in Munich.
- Betting on Sports 2019, the world’s largest sports betting conference & exhibition, will be held 17 – 20 September, 2019, in London. Betting on Sports 2019 will take place concurrently with CasinoBeats Summit 2019.
- The International Association of Gaming Regulators (IAGR) will hold its 2019 Annual Conference in Montego Bay, Jamaica from 30 September to 3 October 2019.
- The Responsibility in Gaming Conference, taking place 23 – 24 October, 2019 in Brussels, will focus on what operators and regulators can and should do to create an effective and workable responsible gaming policy.
- Trade association VAN Kansspelen organizes a large number of member activities throughout the year. Check out their agenda here.
183 Companies Register Interest in Dutch Remote Gambling License
A hundred and eighty-three operators have registered their interest in obtaining an online gambling license in the Netherlands, the Dutch gambling regulator announced yesterday.
Although the Netherlands Gambling Authority did not disclose the names of the prospective license applicants, the regulator did reveal that almost half of the interested companies (89) are based outside of the Netherlands. Eighty-three of these firms already hold a foreign online gambling license. Seventy-four prospective licensees currently offer land-based gambling services.
Following his speech at the Gaming in Holland Conference in early June, Netherlands Gambling Authority chairman René Jansen invited operators to register their interest in order to better estimate the demand for licenses. Jansen urged interested parties to fill out these forms before June 21.
“If we know how many applications we can expect, we, as an organization, are able to make the necessary preparations. This is in our interest, but also in that of the applicants,” Jansen added.
In comparison, prior to the recent opening of the re-regulated online market in Sweden, ca. 160 operators expressed their interest, while around ninety licenses were actually issued.
Holland Casino has appointed a new member to its supervisory board.
Nederlandse Loterij is about to roll out a single terminal system through which it intends to sell all its retail games.
The European Gaming and Betting Association (EGBA) says that payment blockings “are not a solution to the problems afflicting Germany’s gambling regulation – and a much more fundamental rethink is needed.”
Swedish operator association Branschföreningen för onlinespel (BOS) has reported Svenska Spel to the country’s consumer ombudsman for failing to include responsible gaming information in TV segments promoting Triss instant win products.
The UK Gambling Commission has warned its remote licensees that they are responsible for ensuring affiliates don’t offer free-to-play (F2P) games without age verification.
Live dealer software supplier Evolution Gaming has entered into a content partnership with Grand Casino Baden, one of four Swiss land-based casinos to secure a new online gaming license in the country.
FDJ Gaming Solutions has acquired fellow supplier Sporting Group, parent company of Sporting Solutions.
The newly relaunched International Betting Integrity Association (formerly ESSA) has announced that industry business data and information supplier H2 Capital will become its lead market data provider.
For the second year running, the European Casino Association (ECA), Clarion Gaming and the Association of Gaming Equipment Manufacturers (AGEM) continue their gender diversity scholarship for executive development.
Nearly 60% of Spanish adults view gambling as just another form of entertainment and maintain that losing money via gambling is no different than paying for a movie ticket, gaining entry to a theme park or paying for drinks at a bar.
William Hill will significantly expand its Spanish market coverage and profile, as Spanish news reports detail that the FTSE bookmaker will sponsor seven La Liga 2 (Segunda) football clubs.
Finnish gambling monopoly Veikkaus has expanded its range of iGaming content through a new partnership with Swedish casino games developer NetEnt.
Eldorado Resorts Inc. has agreed to buy Caesars Entertainment Corp. for $17.3 billion in cash and stock.