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Netherlands winning fight against illegal online gambling
NETHERLANDS WINNING FIGHT AGAINST ILLEGAL GAMBLING
Some operators heed gambling authority's call
According to the recently formed Netherlands Kanspelautoriteit, it is making headway in tackling the issue of illegal online gambling in the country.
A call to some 40 operators in June this year to halt their offering to Dutch consumers has resulted in over half of those withdrawing from the market (or soon to do so) and stopping radio, television and print advertising said the authority.
These companies account for 60 - 80 percent of the market, it said, and would be viewed favourably should a formal licencing regime be instituted in the country.
Those still operating will be vigorously pursued by the KSA using a number of measures that include cease and desist orders and/or a fine amounting to Euro 780 000 or more. Dot nl domains would be subject to a fine of 10 percent of their estimated revenue.
"They will certainly not escape our attention," said Paul Tang, Executive Board member KSA. "We will pursue illegal providers and make it as difficult as possible."
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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.
China Lottery Sales Up in 2016 -
The Chinese official news agency Xinghua reports that according to figures from the Ministry of Finance released Monday, Chinese lottery sales in 2016 rose 7.3 percent year-on-year to 394.64 billion yuan (about US$57.53 billion).
New chairman and a new director for 500.com -
Chinese online lottery operator 500.com has announced major executive changes to the company with the apparently amicable departure of director and chairman Man San Law, as well as director Weiguo Zhao from its board of directors, effective January 20, 2017.
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