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Banking Problems For European Online Gambling Operators
UK's Royal Bank of Scotland has recommended to its online gambling clients that they find another bank to service transactions from the Netherlands and Switzerland going forward.
A Royal Bank of ScotIand International (RBSI) spokesperson confirmed the decision to EGR and said that it followed a review “....to take account of changes in the legal and regulatory regimes in the countries in which we operate”. The spokesman denied that the decision was a consequence of its merger with Dutch banking giant ABN AMRO, the Dutch retail operations of which fall under the control of the government of the Netherlands.
Dutch banks recently came under pressure from the government to halt online gambling financial transactions in a unilateral move which has triggered a European Commission investigation and a private legal action by betting group Betfair.
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EGR reports that all gambling companies banking with RBSI in Alderney, Gibraltar and the Isle of Man that have exposure to the Swiss and Dutch gambling markets have been requested to find another provider for related transactions "within a time limit agreed between themselves and the bank."
Given the confidentiality of banking arrangements, it is unknown exactly how many of the approximately 80 online gaming operators and management companies licensed in Alderney, Gibraltar and the Isle of Man have been affected.
EGR points out that Switzerland and the Netherlands only allow lotteries and sports betting to be offered online by state-licensed gaming monopolies. Both undertook recent initiatives aimed at reinforcing their protectionist position and opposition to the provision of services by EU-licensed gambling operators across borders within the European Economic Area.
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NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
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