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SCHLESWIG HOLSTEIN ONLINE GAMBLING IN LIMBO

Sunday August 26,2012 : SCHLESWIG HOLSTEIN ONLINE GAMBLING IN LIMBO
 
German province moves to rejoin the German Treaty, but no action yet on banning the issue of licenses
 
Schleswig Holstein's ruling coalition government was playing its cards cautiously this week as parliament started the legislative process designed to end in the repeal of the German province's liberal online gambling licensing law .
 
However, the expected moratorium on the issue of new licenses, and the even more contentious possibility of suspending those already issued, did not materialise.
 
Instead, a carefully worded statement to parliamentarians proposed that the buck be at least temporarily passed to the European Commission, which under EU law must be given the opportunity to consider and comment on new draft legislation.
 
Interior Minister Andreas Breitner advised that the repealing measure and moves to return S-H to the restrictive German Treaty on gambling could only be implemented once the EC requirement had been completed.
 
That process includes a 'standstill' timeframe of three months, during which no action may be taken.
 
Breitner noted that the standstill can be extended by a further month if another EU member state becomes involved with an objection or comment.
 
In practical terms this means that nothing can happen between this week's first reading of the bill and the second reading, which is held after the EC has commented on the draft law.
 
It also means that the current law in force, which provides for the regulation and licensing of online gambling, must stand. And that means that the S-H government can still be required to consider licence applications (and in fact two companies are already suing over delays in issuing their licenses).
 
Breitner explained that pending EC input the S-H government remains bound by existing law, which means that additional licences can still be granted.
 
"Gambling operators are legally entitled to receive a licence, as long as the relevant criteria are fulfilled," he said. "It also means that any licences that have already been granted [at last report there are seven] remain valid for the specified period.”
 
That licence duration period is six years. There are reportedly around 30 licence applications still in the pipeline, creating a potentially significant commercial legal problem for S-H if it does finally repeal its current gambling law.
 
Opposition politicians have already warned the government to expect litigation from impacted companies if the repeal measure goes through, and there is still strong opposition to re-joining the German Treaty from some parties, which have pointed out that the European Commission has reservations on the restrictions it imposes.

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Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

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Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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