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EUROPEANS CALL FOR EU CODE ON GAMBLING

Prominent European politicians and gambling operators joined the debate on the liberalisation of EU gambling markets this week as the European Parliament prepared to vote on a largely negative own-initiative report on the 'integrity' of online gambling submitted last year by Danish MEP Christel Schaldemose. The report has been opposed by Britain and Malta.
 
Speaking at a "Fair Play for Gambling" breakfast discussion chaired by MEP Malcolm Harbour, a former top European judge opined that politicians "lacked courage" in efforts to clarify gambling's legal status. He pointed out that traditionally gambling has been regulated at member state level, and that politicians had been remiss in not formally clarifiying the position of gambling, and in failing to introduce a common EU-wide code applicable to all member nations.

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Speaking in the EU Parliament Thursday, Professor Siegbert Alber criticised the commission's approach, saying, "It is a pity the commission does not have the courage to propose rules in this sector but would rather wait for court rulings."
 
Alber, a former advocate-general at the European Court of Justice, told the discussion group that there was currently a backlog of ten such [free movement of goods and services] cases which are currently awaiting judgement, reports Parliament.com.
 
Alber was equally critical of member states, saying: "They currently have the discretion to regulate in this field but this represents a restriction on the freedom to provide services in the internal market and, to date, member states have failed to justify such a restriction."
 
Chairing the discussion, MEP Malcolm Harbour said he supported the idea of an impact assessment exercise and further research being carried out on the possible consequences of liberalisation of the market.
 
"I would also urge the commission and member states to make some progress on this issue," he added.
 
His party colleague, Emmanouil Angelakas, meanwhile, said he would press for the creation of a parliamentary intergroup to study "all aspects" of the issue after June's European elections.
 
Konstantinos Maragkakis from Stanleybet International, emphasised the differences between the idea of a liberalised market as compared to a regulated market, denying that a more open arrangement would create a “free for all” or dry up streams of revenue for state lottery projects, and saying it is “an issue of policies not control.”
 
He made the point that attempts to characterise all private companies as bad are contradicted by the fact that such companies often showed great integrity. He also argued against the school of thought that current moves could lead to an increase in match fixing, citing the UK as an excellent example of a well regulated, open market.
 
Maragkakis was supported by Stanleybet's deputy director-general Adrian Morris, who told Parliament.com that there was a clear need for "more data on the size and structure of the gambling market" across Europe. Morris said he doubted that an opening up of national gambling markets would see member state monopolies lose significant revenues.
 
"Lotteries and sports betting are different markets, I doubt there would be a lot of revenue lost," he said.
 
Sigrid Ligne, the Secretary General of the European Gaming and Betting Association, which represents many large European betting groups, called for a European code of conduct to help regulate the industry.
 
“There should be some sort of regulation and I think the best option is to do it at EU level," she said. "The problem is that there is no momentum and nor does there appear to be any consensus in the European parliament. We are fed up with court rulings but, if necessary, will continue to defend our position in the courts.”

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Gambling News :

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.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

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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