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Wednesday November 13 ,2013 : DUTCH ONLINE GAMBLING REGULATOR IN TALKS WITH ADVERTISING FIRMS (Update)
 
First the stick, now the carrot...
 
The Dutch Kansspelautoriteit (Gaming Authority) is trying a softer approach on preventing unlicensed gambling operators from accessing Dutch residents when legalisation comes into force early in 2014, commencing a program of negotiation with media outlets in the Netherlands in a bid to persuade them to eschew advertising from illegal operators.
 
The regulator has a somewhat more aggressive approach to the operators themselve, Our readers will recall the example set in September this year when the Kansspelautoriteit imposed a Euro 100 000 fine on Curacao-licenced online gambling operator Global Stars for offering its services to Dutch residents.
 
A Kansspelautoriteit statement back then said the imposition of the fine sends a clear signal to businesses and consumers that online gambling is prohibited in the country until its law, currently being overhauled, allows the practice and then only by Dutch licenced operators.
 
GlobalStars domains named in the statement were myglobalgames.com, boekesbingo.nl and myglobalgames.nl which reroute to myglobalgames.com.
 
The fine was imposed following an investigation into the dot com website, its dot nl domains presented in the Dutch language and its iDeal payment system.
 
"I expect that the disclosure of the penalty decision to other companies and individuals will have a preventive effect and make it clear that the provision of (online) gambling without a Dutch license is prohibited in the Netherlands," Jan Suyver, chairman of the the Gaming Authority said.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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