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Compliance may bring positive licencing consideration later
bwin.party digital entertainment has reportedly complied with a directive from the Netherlands Gambling Authority requesting unlicensed online gambling operators to withdraw from the market in anticipation of new legislation that will govern the pastime in the Country.
bwin.party digital entertainment is thought to be one of twenty operators, that include Ladbrokes and Unibet, who have heeded the Authority's directive which was reportedly sent to around forty online gambling operators active in the Dutch market.
It is presumed that Companies seen to comply with the Dutch authority will be viewed more favourably when licensing awards eventuate.
bwin.party is also to exit the Argentinean province of Misiones market . The Provincial Institute of Lottery and Casinos (IPLyC) of Misiones, said it had revoked bwin Argentina S.A.'s license due to a "breach of contract", however, director of corporate communications for bwin, John Shepherd, disputes that its licence was revoked telling Gambling Compliance that "contract discussions broke down over the cost of maintaining a licence, so for commercial reasons only, we are not going to renew our licence."
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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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