Holland Casino Rotterdam to Host World Series of Poker Circuit Event in 2017

Next year, yet another major poker tournament will come to the Netherlands. In the fall of 2017, Holland Casino Rotterdam will host a World Series of Poker Circuit Event, as part of the build-up to the annual poker world championship tournament: the World Series of Poker in Las Vegas.

The 25th edition of the Master Classics of Poker is currently still underway in Amsterdam. During last week’s player party three new members, Lex Veldhuis, Rob Hollink, and Peter Voolstra, were inducted into the the Netherlands’ Poker Hall of Fame.

 

Employees Oppose Transformation of Holland Casino into a Limited Liability Company

Holland Casino employees are concerned that the operator’s proposed privatization will lead to more sober terms of employment and have taken formal steps to prevent, or at least delay, the transformation of the casino chain, currently a foundation, into a limited liability company.

 

Nederlandse Loterij to Launch Single Online Lottery and Gaming Platform

“Nederlandse Loterij is currently working towards the launch of a single online platform that will offer our customers the opportunity to play our existing lottery games, as well as poker, bingo and casino games,” Customer Service Manager Arja Boele said in a recent interview. “Because of the remote gaming bill, we have no other option but to launch a general gaming platform.”

Last week, Nederlandse Loterij also officially opened its new headquarters in Rijswijk.

As is to be expected from an organization looking to expand, or at least safeguard, its market share in a soon-to-be deregulated market, Nederlandse Loterij has a large number of job openings.

 

Are Lotteries a Gateway to Problem Gambling?

As far as causality goes, lotteries and gambling addiction may be like the chicken and the egg, as gambling addicts generally tend to participate in a large number of lotteries, Feite Hofman of Gamblers Anonymous observes.

The Belgian National Lottery’s recent advertising campaign to convince customers to purchase a lottery subscription has, in any case, been criticized as potentially contributing to an increase in problem gambling.

 

European Gaming and Betting Association Lodges Complaint with European Ombudsman

Seven industry associations, including the European Gaming and Betting Association (EGBA) and the Deutsche Sportwettenverband have lodged a complaint with European Ombudsman Emily O’Reilly against the European Commission for not adequately tackling state betting monopolies that are in violation of EU law.

 

Regulated Binary Options Brokers to Lose Ability to Offer Bonuses

Recently, the European Securities Markets Authority (ESMA) has published a guideline that mandated national financial regulators to scrap the deposit bonus system (obligating clients to turn over the deposit bonus 20-30 times) effectively killing the most powerful tool of regulated binary options brokerages to attract new clients.

“The ban on bonuses will be the demise of the brokers that can’t adapt to the new conditions and the revival of competition when it comes to new ideas on marketing binary options to European clients,” Finance Magnates writes.

 

Amaya Bid Goes Sideways

The $6.7bn offer by Amaya founder and former CEO David Baazov to take the gaming company private has run into major trouble, as one of the plan’s proposed private equity backers said he “didn’t even know what Amaya was” and subsequently filed a complaint against Baazov with the US Securities and Exchange Commission.

 

DraftKings and FanDuel Announce Merger

US daily fantasy operators DraftKings and FanDuel have finally announced their intention to merge their operations in 2017:

“Estimated to control upwards of 90 percent of the DFS market in the United States, the unnamed unified company would need to be approved by the Federal Trade Commission (FTC). Since the merger will certainly create a market monopoly, the FTC’s review could take months.”

 

For the First Time in Nearly 30 Years, Netherlands Gaming Authority Grants Charity Lottery License to New Market Entrant

The Netherlands Gaming Authority (Kansspelautoriteit) has granted a charity lottery license to new market entrant Lottovate Nederland B.V.

Lottovate’s license will be valid as of November 22, 2016, until December 31, 2016.

Starting in 2017, the Gaming Authority will introduce a wholly new and transparent licensing procedure that will be open to all applicants.

It is widely expected that all current lottery license holders – including Lottovate – will be granted temporary extensions until the new licensing system will have been fully implemented.

Read our full reporting, including an exclusive reaction by Peter-Paul de Goeij, Managing Director at Lottovate Nederland here.

 

Other News

German gambling firm Gauselmann AG has launched a Netherlands-facing social casino website: merkur24.nl. The social casino is also accessible through an iOS and Android-compatible app.

 

A blog dedicated to affiliate marketing interviewed GiH founder Willem van Oort.

 

Mr Green is expected to commence trading on the Nasdaq Stockholm from the end of November.

 

Spanish betting operator Codere Apuestas has signed a three-year sponsorship deal with football side Real Madrid.

 

International Game Technology PLC (IGT) has reported its Q3 results.

 

Playtech has launched Prestige Baccarat, the second instalment in the growing series of Prestige live casino titles.

 

A large number of Spanish elderly are reportedly very upset with a lottery commercial featuring a forgetful grandmother.

 

Tinder-style betting seeks to offer “instant gratification:”

 

A US man momentarily interrupted his casino blackjack game to rob a bank in order to be able to continue playing.