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Dutch Reaction to Gambling Legalisation Reports

Mixed feelings on media reports that a new Dutch government might legalise online gambling
 
Wednesday's De Telegraaf newspaper speculation that the incoming coalition government in Holland could be about to legalise online gambling (see previous InfoPowa report) has been followed by widespread reaction in the European country.
 
Radio Netherlands reports that, regardless of its presently illegal status, some 500 000 Dutch residents regularly gamble online, mainly with offshore operators.
 
A spokesman for the state's land casino monopoly Holland Casino told the radio station that it would like to operate a legal internet gambling site as a response to illegal offshore competition. By obtaining a licence and commencing operations, Holland Casino could "drive away illegal operators," the spokesman said, adding that it will be possible for online punters to gamble in safety.
 
The spokesman recommended necessary measures, saying: "Attention should be paid to adequate preconditions, such as an admission pass which must be picked up in person with a valid photo ID. A pre-set maximum amount, or the introduction of a 'cooling-down' button, would also create additional barriers."
 
Responsible gambling advocates appeared split on the issue, with the Tactus addiction centre recommending that government ask itself whether it should be stimulating gambling at all, and IVO, an addiction research outfit, saying it favours legalisation as a means to increase oversight and anti-addiction measures. Spokesperson Carola Schrijvers said: "if we do it right, and set the right conditions to operators, legalisation could be an advantage

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

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.

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