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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 :
FanDuel adds English Premier League action -
Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week.
Coral Q4-2016 earnings reports -
Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
Unibet in cooperation with -
Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS).
Kiron Interactive in deal with Digitain -
The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.
GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 -
Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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