Post Tagged with: "cherry"

GiH News Roundup: KSA seizes illegal gambling machines; LeoVegas points to relation between tax rate and channelization

GiH News Roundup: KSA seizes illegal gambling machines; LeoVegas points to relation between tax rate and channelization

The Netherlands Gaming Authority, in cooperation with local authorities, seized eight illegal gambling machines in The Hague.

GiH News Roundup: Spanish gov’t has no plans for “absolute prohibition” of gambling advertising; Sweden appoints match-fixing coordinator

GiH News Roundup: Spanish gov’t has no plans for “absolute prohibition” of gambling advertising; Sweden appoints match-fixing coordinator

On Wednesday, Spanish Finance Minister María Jesús Montero announced that the government would release specifics on its “ambitious and useful” online gambling ad restrictions in the near future.

GiH News Roundup: Staatsloterij searching for winner of unclaimed prize; more Cherry board members suspected of insider trading

GiH News Roundup: Staatsloterij searching for winner of unclaimed prize; more Cherry board members suspected of insider trading

The Dutch State Lottery is looking for the winner of a prize of €100,000 that has so far remained unclaimed.

GiH News Roundup: new lottery “Lot of Happiness” launches in the Netherlands; MRG applies for Swedish license

GiH News Roundup: new lottery “Lot of Happiness” launches in the Netherlands; MRG applies for Swedish license

A new charity lottery operator, Lot of Happiness, owned by Fair Share Nederland, has commenced operations in the Netherlands. The beneficiaries of Lot of Happiness are KiKa, a foundation aimed at supporting research into childhood cancer, and Make-a-Wish Nederland, which seeks to fulfill wishes of children with life-threatening medical conditions. Players may choose which of the two charities they want[Read More…]

GiH News Roundup: 4 out of 10 loot boxes violate Dutch Gambling Act; Danish online market accounts for over half of all gambling revenue

GiH News Roundup: 4 out of 10 loot boxes violate Dutch Gambling Act; Danish online market accounts for over half of all gambling revenue

Four out of ten video games containing loot boxes that were investigated by the Netherlands Gaming Authority contravene the Dutch Gambling Act. Game publishers who remain in violation of the Gambling Act after June 20, 2018, may face enforcement action by the Dutch regulator. Denmark’s licensed online gambling operators now account for over half of all market revenue, according to[Read More…]

GiH News Roundup: Malta Gaming Authority to look for new chairman; Marathonbet relaunches in Russia

GiH News Roundup: Malta Gaming Authority to look for new chairman; Marathonbet relaunches in Russia

The Malta Gaming Authority (MGA) is on the hunt for a new executive chairman after the incumbent Joseph Cuschieri was appointed CEO of the Malta Financial Services Authority (MFSA). Marathonbet has relaunched it online wagering site in Russia after it temporarily suspended the platform earlier this year. Due to a lack of customer interest, Lotto Baden-Württemberg will end its geobased[Read More…]

GiH News Roundup: opening of Sweden’s regulated iGaming market remains on track; CMA approves GVC-Ladbrokes Coral takeover

GiH News Roundup: opening of Sweden’s regulated iGaming market remains on track; CMA approves GVC-Ladbrokes Coral takeover

The regulated opening of Sweden’s iGaming market has remained on track for 1 January, 2019 after the statutory standstill period set aside for review of the legislation by the EC and EU member states expired on Wednesday. The multi-billion pound takeover of bookmaker Ladbrokes Coral by rival gambling firm GVC Holdings has been approved by the UK Competition and Markets[Read More…]

GiH News Roundup: JVH again among best managed companies; Portugal’s online market posts record revenue; Betsson scales back UK operations

GiH News Roundup: JVH again among best managed companies; Portugal’s online market posts record revenue; Betsson scales back UK operations

For the second year in a row, JVH gaming & entertainment, owner of Jack’s Casino amusement arcades, has been named one of the Netherlands’s best managed companies by Deloitte. Portugal’s regulated online gambling market enjoyed record-high revenue in the final quarter of 2017, thanks to a surge in online sports betting. Online bookmakers must make more affordability checks before upgrading[Read More…]

GiH News Roundup: Betsson shedding staff; Aspire Global launches sportsbook solution; Cherry subsidiary acquires bet monitoring site

GiH News Roundup: Betsson shedding staff; Aspire Global launches sportsbook solution; Cherry subsidiary acquires bet monitoring site

Betsson has announced that the company is undertaking a corporate restructuring and streamlining process that will see the company shed over 160 jobs, with 130 of those being in Malta. The cost saving of the changes is estimated to SEK 50-60 million (€5-6 million) annually. The Netherlands Gaming Authority assisted in a raid on an unlicensed tea house in which[Read More…]

GiH News Roundup: Following FOI request, Netherlands Gaming Authority publishes documents that explain change in prioritization criteria

GiH News Roundup: Following FOI request, Netherlands Gaming Authority publishes documents that explain change in prioritization criteria

Following a freedom of information request, the Netherlands Gaming Authority has published a series of documents outlining its controversial decision to tighten its prioritization (enforcement) criteria as of 1 June 2017. Of particular interest may be this memo which details some of the reasons behind the regulator’s decision to adjust its online enforcement criteria. We will follow up with more[Read More…]