Nederlandse Loterij reports slight decrease in net revenues
Nederlandse Loterij has published its 2023 annual report, showing a 2.8% decrease in net revenues compared to the previous year.
In the accompanying press release, Nederlandse Loterij CEO, Arjan Blok cites increased competition in the online gambling market, a higher overall RTP ratio, higher gambling taxes, and increased investments in responsible gaming as reasons for the decline in net revenues.
TOTO Online saw a 7.3% decrease in net revenues: from €218.8m (2022) to €202.7m (2023).
Earlier, the Netherlands’ other state-owned operator, Holland Casino, also reported a significant decline in online revenues in 2023, indicating that both state-owned operators are increasingly losing out against larger international operators.
Netherlands Gambling Authority issues conditional fines to Costa Rica-based operator
The Dutch regulator has issued a cease-and-desist order accompanied by conditional fines of up to €840,000 to Costa Rica-based operator Sarah Eternal S.R.L., owner of the Casinosky website. Sarah Eternal does not possess a license that allows it to offer gambling in the country.
At present, the Casinosky website is, however, still accessible from the Netherlands. Moreover, visitors from Netherlands are also shown the logos of several prominent Dutch banks, which are prominently displayed on its homepage.
888 rebrands to Evoke plc
888 Holdings has officially rebranded to Evoke plc.
In a statement on LinkedIn the company said that its rebranding represented a new beginning:
Today, we officially start our next chapter as Evoke plc. Evoke is a symbol of our new direction. A direction that builds on our strengths and allows us to move forward as one multi-brand group with a united strategy, vision and identity.
It also better reflects our mission: to make life more interesting by delighting players with world-class betting and gaming experiences.
Upcoming events
The following event(s) may be of interest to the GiH community.
Dutch game supplier Eurocoin Gaming will hold open house on May 15-16 in Waalwijk. Trade association VAN Kansspelen will hold its spring General Members’ Meeting on May 16 at the same location.
The trade show iGB L!ve returns to Amsterdam from July 16-19.
The 14th European Conference on Gambling Studies and Policy Issues, organized by the European Association for the Study of Gambling (EASG), will be held September 10-13, 2024, in Rome, Italy.
The 2024 Gaming in Germany Conference returns to Berlin on November 5, 2024. Save the date!
Former State Secretary Fred Teeven to speak at 2024 GiH Conference
Former State Secretary of Justice and Security and the original driving force behind the Netherlands’ online gambling legislation, Fred Teeven has agreed to speak at the 2024 Gaming in Holland Conference.
In addition, Fedor Meerts, Department Head Integrity & Gambling at the Ministry of Justice and Security, has now also been confirmed as a speaker.
Both new speakers will join an already strong line-up that includes, among others, René Jansen, Chair of the Netherlands Gambling Authority; Nils Andén, CEO of Kindred Group; Matevz Mazij, CEO of Bragg Gaming Group; and Josh Hodgson, Senior Associate at H2 Gambling Capital.
The event will take place June 6 at the KIT Royal Tropical Institute in Amsterdam.
Check out the full conference agenda here: https://bit.ly/2024GiHC_Agenda
Or click here to register: https://bit.ly/2024GiHC
With potentially far-reaching rule changes and court decisions looming over the market, it promises to be an exciting event. Don't miss it!
Other news
Betnation has launched a sportsbook in addition to its existing online casino offering.
Scori PRO, the Netherlands’ first fantasy sports betting provider, is now live.
Vasco da Gama and Betfair have signed the biggest sponsorship in the club’s history as Brazil prepares to launch its regulated sports betting market.
Former NFL superstar Rob Gronkowski will be an integral part of FanDuel's new live dealer experience.
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