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New Austrian gambling law
6/27/10 - Revisions mainly concern land industry…and avoiding EC hassles
Motivated largely by European Commission compliance considerations and taking more than two years to finalise, the revised Austrian gambling laws published mid-June do little to improve the position of foreign online gambling operators in a promising market.
Little appears to have changed regarding internet operating restrictions, whereby only Austrian companies can acquire licensing, and only Austrians are permitted to play on their internet sites, a situation perhaps reinforced by the apparent trend towards national regulatory regimes exemplified by France and Italy.
Bookmaking services are handled differently, and are viewed as an extension of state-licensed land-based operations through which license holders are permitted to offer services via remote channels.
Austria has also come under pressure for excluding foreign licensed internet gambling companies from advertising in-country, whilst permitting its own licensed companies, and even EU-based licensed land gambling companies, to advertise.
Even in the land-based context, the revisions have stirred up contentious debate on everything from player protection to the potentially adverse impact on independent slot gambling operators.
The number of casino licences awarded has been increased from 12 to 15, but these will be harder to acquire and more restrictive regarding wagering limits and prizes, machine numbers and location.
However, the availability of slot machines will be spread wider than the old regime, under which this form of gambling was confined to only four provinces - Vienna, Styria, Carinthia and Lower Austria. The sting in the tail is that arcade licenses are limited to one for every 1,200 people (or one for every 600 in Austria’s capital city of Vienna), and there must be a minimum distance of 15 kilometers between each arcade (or 2km in Vienna).
Industry observers predict that the new law will set the scene for an end to the monopoly enjoyed by Casinos Austria; it appears that other EU land casino operators will be able to apply for the additional licenses.
Gambling News :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
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NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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