Check out Gaming in Holland’s Daily News Updates!
We would like to remind you that Gaming in Holland is providing our readers with daily news updates. You can check these out on our website under the heading “Today’s News.”
Every morning of every weekday – with the exception of Wednesday, when we send out our weekly newsletter – we will post a brief overview of the most important national and international gaming news.
Also, keep an eye on our Twitter account @GamingInHolland, as we use it to announce whenever a new daily news update is posted to our website.
VAN Kansspelen Takes Action against Problem Gambling
The Dutch trade association of land-based slot machine operators, VAN Kansspelen, in close cooperation with the wider hospitality sector, has proactively taken steps to bolster prevention measures against problem gambling.
According to VAN chairman Frits Huffnagel, it is more economical to favor early prevention measures over expensive interventions at a later stage: “In the Netherlands, we don’t put a fence at the edge of a cliff, but we’ll keep an ambulance waiting at the bottom. We ought to be more efficient than that.”
How Generous is Novamedia?
The generosity (or lack thereof) of Dutch media company Novamedia, owner of the Postcode Lottery format, continues to occupy commentators.
Dutch philanthropy-focused magazine De Dikke Blauwe weighs in on Novamedia-founder Boudewijn Poelmann’s donation of his stock in the company to a non-profit foundation.
Meanwhile, Dutch daily NRC fact-checked Novamedia’s claim that it is “the world’s biggest fundraiser.” The newspaper’s verdict: “Strictly speaking, untrue.”
UK Gambling Commission to Impose Harsher Sanctions
The UK Gambling Commission (UKGC) has advised other licensed operators they should learn from the mistakes made by Isle of Man-based operators TGP Europe Ltd and Fesuge Ltd.
More generally speaking, UK gambling firms that fail to tackle problem gambling and money laundering will soon face heftier fines and a higher risk of losing their operating license, The Guardian reports:
“The regulator has yet to publish the details of its harsher regime but chief executive Sarah Harrison recently warned gambling firms to expect tougher policing to ensure they were not used for money laundering and “terrorist financing”. In a speech to senior figures in the industry, Harrison said the regulator’s recent work had uncovered “a lack of curiosity, and at worst, a leadership culture which puts commercial gain over compliance”.
She said the commission would abandon the “blanket approach” of reaching settlements with firms that transgress and would be more likely to review their licence to operate in the UK.”
OEG Establishes Malta Subsidiary, Aims to Expand into New Online Markets
Baltic-focused casino and online gambling operator Olympic Entertainment Group (OEG) has established a Malta subsidiary with the goal of boosting its online presence in new markets.
The company says the intention is to “develop the legal platform for the expansion of OEG Group’s activities in the business of remote gambling.” OEG’s online operations run under the OlyBet brand.
Offshore Bookmakers Taking Bets on British Horse Races to Face 10% Levy
Bookmakers who take bets on British horse races from UK gamblers could have to pay a 10% levy on their profits, under new government plans.
Starting in April, betting firms, including those offshore, will be charged the levy to support UK horse racing. Currently, only UK-based operators have to pay the levy.
The proposed regulation, however, will still have to obtain state aid clearance from the EU, which could hold up the reforms beyond its April target.
William Hill Accused of “Appalling” Behavior
Some bizarre news out of the UK: employees of bookmaker William Hill reportedly waved around torches to “lure punters from rivals:”
“William Hill has been accused of “appalling” behaviour after encouraging torch-waving staff to visit rival bookmakers and lure gamblers into its own shops with the promise of free bets.
The bizarre tactic is part of William Hill’s efforts to exploit a dispute between two of its competitors – Ladbrokes-Coral and Betfred – and horse-racing TV channel the Racing Partnership.
The row, over the fee that the Racing Partnership charges bookies to show races, has left Ladbrokes-Coral and Betfred unable to broadcast the channel to punters.
An internal William Hill memo seen by the Guardian encourages staff to exploit the impasse by taking part in what it calls the “torch challenge”. This involves turning up at a rival bookmaker wielding a torch and shining it through the shop window to attract the attention of gamblers.”
Preparations to Privatize Holland Casino Continue
The permanent Lower House committees for Security & Justice and Finance will convene this Monday to debate the bill that would arrange for the privatization of Holland Casino.
We will keep you informed as to when more information becomes available.
Online operator Bwin will make a foray into land-based sports betting.
The Italian land-based betting market grew 35% in 2016, while the online sector saw its revenues increase by 45%. Online casino posted a 34% year-on-year gain.
H2 Gambling Capital and iGaming Business have published their January 2017 iGaming Dashboard, a monthly overview of the iGaming sector in numbers.
Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8% by 2024.
Kindred Group, owner of the Unibet brand, has become the first operator to successfully complete an external audit against the official 2014 EU Recommendation on Consumer Protection and Responsible Gambling.
Playtech has opened a new live casino studio in the Romanian capital of Bucharest.
Former Mr Green CEO Bo Wänghammar has been named Managing Director of PokerStars Casino.
French gambling operator Française des Jeux has extended its partnership with the French Football League (LFP).
Can biometric authentication work in the online betting and gaming industries? You bet!
Nevada casinos posted profits in fiscal 2016, the first time the industry has been in the black since 2008.
The government-run gaming monopoly in the Canadian province of Ontario has cut its online gambling profit forecast by 75%.