Betsson hails “best year ever” as Dutch iGaming license application remains under review
In its latest quarterly report, Betsson announced a strong Q4 performance as well as an 18% increase in annual group revenue.
Overall 2022 group revenue stood at €777.2m, up from €657.7m in 2021.
CEO Pontus Lindvall commented: “We can look back at the best year ever for Betsson with strong growth and profitability, driven by disciplined capital allocation, geographical diversification and investments in new markets, as well as continuous strengthening of the tech platform and product offering. For the full year, revenue increased by 18 percent and EBIT increased by 11 percent. Organically, revenue increased by 27 percent for the year.”
Betsson furthermore reported that the Duch regulator is currently “still in the process of reviewing the license applications filed by Betsson's operational subsidiaries.” A final decision is expected in the coming weeks or months.
Please note that Betsson CEO Pontus Lindvall will be one of the keynote speakers at the 2023 Gaming in Holland Conference, which is scheduled to take place on June 8 at the KIT Royal Tropical Institute in Amsterdam.
Registration for this event is now open. Book your tickets here: https://bit.ly/3XYaQI8
Ron Goudsmit wins Lifetime Achievement Award at 2023 European Casino Awards
Ron Goudsmit, one of the founding fathers of the European Casino Association, has won a Lifetime Achievement Award at the 2023 European Casino Awards.
Ron has been involved in the casino industry for 40 years. He has held various executive positions within Holland Casino. Presently, he works as an independent consultant in the gaming industry through his company easyplaytime.
Dutch MPs push for two-strikes policy over young adult advertising
MPs representing political groups CU, SP, SGP, and PvdA have tabled Parliamentary questions that seek to introduce a two-strikes-and-out policy over young adult advertising failures. Repeated advertising or age check violations should lead to a permanent or temporary license suspension, the MPs contend.
In recent months, both TOTO online and Jacks.nl were fined €400,000 for including under-24 players in their marketing mailings and marketing-related app messages.
The recent Parliamentary questions were tabled in response to news reports noting that some minors manage to gamble online through the accounts of older friends or relatives.
Although illegal account sharing and advertising are, at most, only very remotely connected, that doesn't seem to have stopped the aforementioned political groups from tying these topics together.
Considering the current political climate, it is, however, not inconceivable that this attempt may work, and that additional penalties for advertising violations could be introduced.
A television ad by Staatsloterij, the Netherlands’ national lottery, has been nominated for a “Ster Gouden Loeki” award.
Holland Casino Online has partnered with game developer EveryMatrix, as part of an exclusive content deal.
FDJ has recorded a 9% year-on-year (YoY) rise in full-year 2022 revenue to €2.46bn as significant revenue increases in its online and lottery divisions drove growth at the French operator.
The International Tennis Integrity Agency (ITIA) has issued a lifetime ban to Moroccan tennis player Younes Rachidi after he was found guilty of a record 135 match fixing offenses.