We would like to take this opportunity to wish you a Merry Christmas and a Happy New Year. Thank you very much for all your support throughout the year. All the best for 2024!
Netherlands Gambling Authority publishes updated guideline on AML compliance
The Netherlands Gambling Authority has updated its compliance guideline on the Dutch Money Laundering and Terrorist Financing Prevention Act (Wwft).
The guideline advises licensed gambling operators on how to comply with the Wwft. The updated guideline includes, among other things, step-by-step instructions on how to investigate the origin of player funds in case a more extensive investigation is warranted.
KVA highlights importance of legal and compliant affiliate advertising
KVA, the Dutch quality mark for responsible affiliates has released an animation showing the importance of compliant affiliate advertising in making illegal gambling offers less visible to (vulnerable) consumers.
Watch it below:
Google and Twitch fined for violating Italian gambling advertising ban
Italy's communications watchdog AGCOM has fined YouTube and Twitch for violating the country's gambling advertising ban.
Youtube and Twitch were fined €2.25m and €900,000 respectively, the AGCOM authority said, adding it had ordered the removal of more than 20,000 online videos promoting various types of gambling, including sports betting.
Both streaming services had commercial partnerships in place with video makers which published the content on their online platforms, according to AGCOM.
GiH webinar, January 17: Regulatory update + compliance, KYC & marketing products
Join us on Wednesday, January 17 for the next Gaming in Holland webinar!
This webinar will offer a brief regulatory update and reflection on the outcome of the recent parliamentary elections. By the time this webinar takes place, we also expect to be able to share more information on the government's plans to introduce additional rules on player deposit limits.
In addition to the regulatory update, we will also highlight some relevant products and services for the Dutch market related to compliance, customer onboarding, and marketing.
Confirmed speakers include:
Jochen Biewer, MD at Chevron Group
Martijn de Boer, Founder of CDDN
Mauro de Fabritiis, Founder of MDF Partners
Register now: https://bit.ly/GiH_17-1-2024
Save the date: Gaming in Holland Lunch & Gaming in Germany Breakfast @ICE London
Join us at the world's leading gambling event to discuss the latest news related to the Dutch as well as German regulated gambling markets.
The Gaming in Holland Lunch and Gaming in Germany Breakfast will take place Wednesday, February 7, right next to ExCel Centre.
If you would like to attend the Gaming in Holland Lunch, please RSVP.
As places are limited, preference will be given to partners, sponsors, and previous Conference attendees.
Other events
The following event(s) may be of interest to the GiH community.
Registrations for ICE and ICE VOX 2024 are now open! Join 45,000 industry peers and attend the industry’s largest B2B event between February 6-8 in London.
IGB Affiliate 2024 takes place February 6-9 alongside ICE London and aims to connect affiliates with iGaming operator affiliate programs and tech vendors.
Kindred's annual Sustainable Gambling Conference will be held March 20, 2024, at the Kia Oval in London.
The 2024 Casino Operations Summit, which focuses on land-based casino operations, will take place April 23-25 in Amsterdam.
Dutch government outlines privatization options for Nederlandse Loterij
The Ministries of Finance and Justice have jointly published a report that outlines different options for privatizing state-owned Nederlandse Loterij.
Of the explored options four are deemed to be feasible in the short to medium term:
Option 1a: Nederlandse Loterij will be sold in its entirety to a single buyer.
Option 1b: Nederlandse Loterij will be split into two parts: a) TOTO Online and b) its current monopolies (the so-called “prize” lotteries, instant lottery, and land-based sports betting). Both parts will be privatized under different ownership.
Option 3: Only privatize TOTO Online.
Option 4: No changes to the status quo.
Option #2, which includes the introduction of an open licensing system for the games that are currently being offered under a monopoly regime, is deemed to be too complex to be feasible in the next few years.
Option 1a, the sale in its entirety of Nederlandse Loterij to a single buyer, which would maximize the value and economic viability of the company, is very much preferred by the operator itself.
Option 3, which would only see the privatization of TOTO Online (the only part of Nederlandse Loterij that currently operates under an open licensing regime), clearly offers the neatest solution. The part of Nederlandse Loterij that currently competes with other private enterprises would also be privatized, while its monopolies would remain under state ownership.
The next step in the process is that the Lower House will respond to the report. It is presently unclear when this will occur.
Other news
Dutch operator Fair Play Online will cease offering bingo games.
Curaçao's new gambling bill has been sent to parliament for approval.
Swedish state-owned gambling operator Svenska Spel has named Anna Johnson as its new chief executive.
The Malta Gaming Authority has announced the appointment of Charles Mizzi as its new chief executive.
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