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Finland Poker Monopoly Bad For media
Government support for a monopoly may have serious consequences for media and advertising companies
Finland's government may need to batten down the hatches for an imminent media and advertising storm generated by its attempts to establish an online poker monopoly.
The Finns started manoeuvring on the issue at the beginning of 2010, when the government released its plan to open a state-run internet poker room along the lines of the lucrative Svenska Spel and Danske Spil models, now the subject of EC-prompted liberalisation.
Playtech scored a coup in May this year in winning the contract for the software and technology chosen to power the new business, CardPlayer Magazine reported recently.
The magazine's Finnish representative, Timo Korppi, flagged areas of conflict in the government initiative, noting that many media companies in the Nordic country are deeply concerned at the prospect of commercial competition being stifled.
Korppi observed in the article that parliament "rubberstamped" the new gambling law late in June this year, doing so without the benefit of a serious parliamentary debate on the issue, probably because it wanted to push the legislation through in order to secure market positioning for its chosen vehicle, RAY's Ray.fi, due to launch in the northern autumn this year.
“In practical terms [foreign] online poker and casino businesses are now banned from advertising or promoting their services in media published or aired in Finland by locally owned companies," Korppi wrote in the August 10 edition of CardPlayer.
CardPlayer itself should not be impacted - its associated titles, Pokeri, CardPlayer Finland and PokerMagazine are printed and published from another EU country in the region, Estonia, before being imported into Finland as foreign publications, thus avoiding the media restrictions enshrined in the new gaming law.
Korppi notes that the mainstream media in Finland is outraged by the government moves, which it sees as unfair, against the spirit of free speech and devised solely to serve the needs of the newly introduced gambling monopoly.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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