Only 15 days to go before the 7th annual Gaming in Holland Conference & Expo kicks off in Amsterdam! Register today or check out the event’s agenda here.

Gustaf Hoffstedt, Secretary General of the Swedish Trade Association for Online Gambling, will speak at day 1 of the upcoming Gaming in Holland Conference, discussing, from a consumers’ protection perspective, the urgent need for the regulation of online gaming.

Additionally, Hoffstedt will address the issue of the relationship between tax rates and player channelization. An online gaming tax rate which gives both a high channeling rate as well as high tax revenues lies within the range of 15 to 20 percent of the gross gambling revenue (GGR), a recent report confirmed:

[…] a high channeling rate is reached at a tax-rate of 15 percent, and does not increase significantly at lower tax rates. The result is that tax-rates below 15 percent would at best give marginal increases in the channeling rate, but at the expense of a substantial reduction in tax revenue […]

We further conclude that the tax-rate should not exceed 20 percent. The reason being that at higher tax-rates gambling operators as well as consumers will choose not to join the licensing system. The result is that the channeling rate becomes low and that tax revenues cannot be expected to be higher than at a tax-rate of 20 percent.

International online gambling operators continue to dominate Austria’s online market, despite lacking local licenses.

The Netherlands Gaming Authority has changed its procedure for launching complaints against gambling operators.

Italy’s new coalition government could spell trouble for the country’s gambling sector.

NetEnt has partnered with Greek operator Stoiximan to launch a sports betting widget that will enable live casino players to bet on World Cup matches within the game.

Novomatic Lottery Solutions (NLS) has expanded a partnership with Norwegian state lottery operator Norsk Tipping to include instant games.

Spanish gaming giant Cirsa Gaming Corp. reported 0.7 percent profit growth despite the devaluation of Latin American currencies against the Euro.

A boy in the UK aged 13 lost £80,000 gambling online with his father’s credit card. The boy reportedly got hooked after seeing adverts for betting websites at a football match. “It was just far too easy. I just had to put in dad’s name, address, date of birth and card details and checked a box saying I was 18 – it took literally seconds to register and start gambling,” the boy said.

A Scottish hospital has opened a rehab program for cryptocurrency addicts.

DraftKings and Resorts Casino signed a deal Friday to offer sports betting in New Jersey.