Yesterday, the Dutch Senate publicly released the second round of written questions regarding the remote gaming bill. The only political groups submitting questions were CDA and SP (declared opponents of the bill), as well as PvdA. Almost all questions were submitted by CDA and – since there is a clear Senate majority in favor of the bill – are not expected to have much of any impact.
Interestingly, the land-based gaming sector may belatedly have found an unexpected ally in PvdA in its opposition to CRUKS. “Will the government allow the arcade sector to experiment with alternative self-exclusion programs?” PvdA senators asked (p. 4).
Paddy Power Betfair has acquired US-based DFS operator DRAFT for a total sum of $48m. Other operators, including William Hill, 888 Holdings, bet365, GVC, and Unibet, could now decide to enter this market as well.
Individual behavior, contrary to the actual monetary amount gambled for, appears to be the only true indicator to problematic gambling, which could mean that setting monetary limits would not help.
According to this article, tech companies, including gambling companies, have an ethical obligation to avoid exploiting customers with addiction problems – even if it cuts into their bottom line:
In an industry where the cost of acquiring a player is just barely less than the revenue made per user, [heavy users] tip the scales to profitability. Without these extreme customers, their businesses aren’t viable. […] the casino industry depends on a disproportionate share of revenue coming from a small group of likely addicted gamblers, some of whom are known to wear adult diapers to avoid having to stop playing.
Following several successful acquisitions, Nordic betting operator Cherry AB has reported a 205% year-on-year surge in Q1 revenues to SEK 541m (£47m).
The UK Gambling Commission (UKGC) has appointed David Pemberton as its new chief operating officer.
President Donald Trump’s sudden dismissal of FBI Director James Comey on Tuesday has seen the betting odds of a Trump impeachment skyrocket.
Disney Worldwide Services, Inc. contributed $250,000 to a political committee that seeks to make it harder to expand gambling in the state of Florida.