Dutch Gaming Regulator Hands out Record Fine
The Netherlands Gaming Authority (Kansspelautoriteit) has imposed a €480,000 fine – its highest ever – on two companies behind the website redslots.com. The two companies, Curaçao-based Bluemay Enterprises NV and Costa Rican Redcorp SA, had already been fined €130,000 each last year for similar offenses.
In addition to being repeat offenders, the two companies were specifically targeted by the Kansspelautoriteit because redslots.com was clearly aimed at Dutch punters, as evidenced, for example, by ad campaigns on local mainstream media websites nu.nl and weeronline.nl.
Although at present no operator may legally offer remote gaming services in the Netherlands, the Kansspelautoriteit has made it clear that it will prioritize cracking down on operators actively pursuing Dutch players.
Chairman Jan Suyver added that the Netherlands Gaming Authority would be even better positioned to protect Dutch consumers if given additional powers and urged the Dutch parliament to quickly adopt legislation to regulate the online market.
Danish Online Casino GGR up 25%
On Friday, the Danish gambling authority Spillemyndigheden released its latest figures on the Danish gaming market.
The Danish online casino market reported a 25% year-on-year rise in gross gaming revenue (GGR) during Q3 2015, while betting grew over 10%.
GGR for land-based gaming machines appears to have stabilized after some years with relatively large declines.
Land-based casinos reported strongest quarter since the beginning of 2012.
Total Danish GGR is expected to reach 8,350m DKK in 2015, up from 7,750m DKK the year before.
Responsible Gaming “Must Become Reality Rather than a Concept Mentioned in Discussions”
The European Gaming & Betting Association (EGBA) released a highlight video of the European Parliament conference “Responsible gambling: Consumer safety in the online environment,” which took place on 20 October 2015.
Speakers pointed out, among other things, that harmonization of responsible gaming regulation makes sense as gambling operators typically operate in a cross-border market. Fragmented regulatory systems, moreover, tend to be very expensive.
Furthermore, EP-member Roberta Metsola pointed out that responsible gaming “must become a reality across Europe rather than a concept simply mentioned at debates and discussions such as these.”
Yet, while problem gambling may present a serious risk to some, it is also true that the great majority of players “play very moderately at very low risk.”
ICE Conferences Releases 2016 Agenda
ICE Conferences, the biggest learning and knowledge-exchange event in world gaming, has released its 2016 agenda. The event promises more than 64 hours of learning opportunities delivered by 140 thought leaders drawn from both within and outside the international gaming community.
Of special note is the event’s World Regulatory Briefing, which will focus on the harmonization of technical standards and the jurisdictions where iGaming licenses are becoming available.
Ladbrokes is set to unveil a “game-changing” reward scheme for its gaming customers, while Playtech has released a new roulette game meant to replicate “the feel of a VIP casino experience.”
Online lottery firm ZEAL Networks sees its profits grow, despite a drop in revenues.
Dutch soccer star Memphis Depay is deemed too young to feature in gambling ads.
China busts a massive $78b gambling ring.