Post Tagged with: "paddy power betfair"

GiH News Roundup: Senate schedules vote on Remote Gaming Bill; Raffld to temporarily suspend operations

GiH News Roundup: Senate schedules vote on Remote Gaming Bill; Raffld to temporarily suspend operations

This Tuesday, February 19, the Dutch Senate will vote on the Remote Gaming Bill, starting at 13:35 CET.

GiH News Roundup: KSA chairman: consultation on remote licensing process to open before summer; Swedish regulator issues three new licenses

GiH News Roundup: KSA chairman: consultation on remote licensing process to open before summer; Swedish regulator issues three new licenses

On Friday, René Jansen, Chairman of the Netherlands Gambling Authority, announced that – provided the Senate adopts the Remote Gaming Bill – a public consultation on the regulator’s licensing process for online operators can be expected to open before the summer.

GiH News Roundup: Paddy Power Betfair and The Stars Group held merger tasks; Belgian regulator starts sanction procedures against Betway

GiH News Roundup: Paddy Power Betfair and The Stars Group held merger tasks; Belgian regulator starts sanction procedures against Betway

The governances of Paddy Power Betfair (PPB) and The Stars Group Inc held mutual talks in late 2018, discussing a ground-breaking merger. The discussions are reportedly no longer taking place.

GiH News Roundup: Netherlands Gaming Authority issues fine to Curaҫao and Cyprus-based operators; ZEAL reports 8% increase in Q3 revenue

GiH News Roundup: Netherlands Gaming Authority issues fine to Curaҫao and Cyprus-based operators; ZEAL reports 8% increase in Q3 revenue

The Netherlands Gaming Authority has issued a €350,000 fine to Curaҫao-based CyberRock Entertainment N.V. and Cyprus-based Honeydew Trading Limited for operating several Dutch-language online gambling websites.

GiH News Roundup: FanDuel’s founders sue Paddy Power Betfair; US sports bettors eager to switch to legal offerings

GiH News Roundup: FanDuel’s founders sue Paddy Power Betfair; US sports bettors eager to switch to legal offerings

Holland Casino is looking to hire a Business Controller. Henri Krijnen, co-founder of arcade hall operator Krijco, which was sold to JVH gaming in 2015, and esteemed member of trade association VAN Kansspelen passed away. Four of FanDuel’s founders have launched legal action in a Scottish civil court after claiming that the daily fantasy sports operator was undervalued when it[Read More…]

GiH News Roundup: Spanish online poker GGR reaches historic high; ICE comes to the US; Talpa launches mobile game show

GiH News Roundup: Spanish online poker GGR reaches historic high; ICE comes to the US; Talpa launches mobile game show

Only 7 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. Gross gaming revenue from online poker has reached a historic high of €21.5 million in Q1 2018, according to the latest figures released by the Spanish gaming regulator. Portugal’s sports bettors have[Read More…]

GiH News Roundup: UK online market grows 3.7% YoY; Slovakia to open online casino market; Svenska Spel signs esports sponsorship deal

GiH News Roundup: UK online market grows 3.7% YoY; Slovakia to open online casino market; Svenska Spel signs esports sponsorship deal

Only 19 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. The UK online gambling sector grew 3.7% to £4.9bn – 35% of the UK’s total gambling market – between April 2016 and March 2017, according to new figures released by the Gambling[Read More…]

GiH News Roundup: Netherlands Gaming Authority publishes complaint procedure; PPB joins forces with FanDuel in the US; Mr Green rebrands

GiH News Roundup: Netherlands Gaming Authority publishes complaint procedure; PPB joins forces with FanDuel in the US; Mr Green rebrands

The Netherlands Gaming Authority has published its complaint procedure concerning third-party complaints of Netherlands-licensed operators. Paddy Power Betfair has confirmed that it will create a new US-facing subsidiary, joining forces with daily fantasy sports operator FanDuel. Online operator Mr Green has rebranded as MRG and announced it has paid €2.8m for a 75% stake in Latvian-licensed operator 11.lv. The Malta[Read More…]

GiH News Roundup: UK gaming industry profitability “could be reduced by 66%;” Italy’s government plans to reduce number of gaming machines

GiH News Roundup: UK gaming industry profitability “could be reduced by 66%;” Italy’s government plans to reduce number of gaming machines

The UK gaming industry could face an extra annual tax burden of £200m on top of the devastating impact of the FOBT’s on UK bookies’ profits if the remote tax is raised to 20% from 15%, analysts have warned. Sector profitability could be reduced by 66% at the EBITDA level, Paul Leyland of Regulus Partners said. Even so, shares of[Read More…]

GiH News Roundup: Ministry intends to answer Senate questions on remote gaming bill “before the summer;” PPB confirms FanDuel interest

GiH News Roundup: Ministry intends to answer Senate questions on remote gaming bill “before the summer;” PPB confirms FanDuel interest

The Ministry of Justice and Security said it intends to answer the latest round of written Senate questions on the remote gaming and casino reform bills “before the summer.” Answering these questions would potentially clear the last hurdle before the plenary debate and final vote on the bills in the Dutch Upper House. Chairman Frits Huffnagel of trade association VAN[Read More…]