Holland Casino Celebrates 40th Anniversary

Almost exactly forty years ago, on October 1, 1976, Holland Casino opened the first legal Dutch casino in the bathing resort of Zandvoort.

Early on, the state-owned operator was running a far from professional operation, which – initially, at least, drew cheaters galore.

Since opening its first branch, Holland Casino has opened thirteen more; and, over the years, has contributed €4.8bn to the Dutch treasury.

Holland Casino has promised to commemorate its anniversary over the coming months in various, spectacular ways.

 

Court Finds in Favor of Holland Casino in Wage Dispute

In related news, a Dutch district court found in favor of Holland Casino in a wage dispute with several unions. Although the case was already decided in May of this year, the verdict has only now been published.

The Court’s finding is good news for Holland Casino, which remains burdened by relatively high personnel costs in the face of imminent privatization.

 

Dutch Binary Option Trading Platform Optieclub Unjustly Denied License,  Administrative Appeals Court Finds

The Netherlands Authority for the Financial Markets (AFM) had no legal grounds to deny Optieclub a license to offer online binary options trading services, the highest administrative appeals court of the Netherlands finds.

 

“Every Problem Gambler Hurts his Environment”

Former gambling addict, board member of Gamblers Anonymous, and speaker at the Gaming in Holland Conference, Feite Hofman, argues that the relative modest number of gambling addicts in the Netherlands is no reason to ignore the wider impact of problem gambling:

“Every problem gambler […] might be in a relationship, have children, and, I may hope, friends, family, and work. Let us estimate the number of people in the direct vicinity of a problem gambler or at-risk player at five. Then, the number of people that is indirectly affected by problem gamblers is not 80,000 but 400,000. The group surrounding at-risk players is half a million strong!”

 

“Substantial Upside” for Retail Presence

A new survey conducted on behalf of the leisure team at Morgan Stanley found the UK high-street operators still dominate in terms of brand recognition among the general population with William Hill (67%), Ladbrokes (65%), Paddy Power (59%) and Betfred (59%) all registering higher numbers than any of the online-only brands.

“With only 12% of respondents suggesting they were omni-channel customers – i.e. they had placed bets both offline and online within the last six months – the analysts at Morgan Stanley suggested there was ‘substantial upside’ for the retail operators,” Totally Gaming writes.

 

Dutch Land-Based Gaming Sector Grew 4,5% in 2015

According to the Netherlands Gaming Authority, the country’s land-based gaming sector grew 4,5% in 2015 compared to the previous year. Total GGR increased €104m to €2.34bn. All verticals (lotteries, slot machines, casino games, and sports betting) reported growth.

However, almost all of the growth in the land-based sector (€97m out of €104m) was realized by the slots vertical – despite an 11% decrease in the number of available slot machines.

The largest vertical within the Dutch land-based sector is the lottery industry, accounting for 46% of the total land-based market, followed by slot machines (42%), casino (table) games (9%), and sports betting (1%).

Dutch punters spend a rather modest amount of money compared to their peers in other European countries, especially those countries with the largest per capita expenditures.
The effective tax rate, as a percentage of GGR, is highest in the casino and slots verticals (29%) and was considerably lower in the lottery (15.2%) and sports betting (4.7%) segments. Lottery and sports betting operators, however, are also facing additional mandatory contributions.

 

Other News

Is the gaming industry running out of M&A targets?

 

The Unibet Group is considering to adopt a new group name, “Kindred,” that differs from the consumer brand.

 

In April 2017, GamblingCompliance will host the GamblingCompliance Regulatory Awards, where excellence across the field of compliance and responsible gambling will be celebrated and awarded.

 

UK newspaper publisher Express Newspapers, owner of the Daily Express and the Daily Star, is planning to launch two real-money social gaming websites.

 

Swedish gaming operator Mr Green has gone live with a new, custom-designed live casino environment.

 

Gaming operators and suppliers may face unexpected corporate criminal liabilities in Italy.

 

Two students at the University of Nevada, Las Vegas, may have invented the first skill-based game to enter casinos.

 

The South African government is considering to confiscate illicit online winnings.