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Gambling Operators in Holland displeased with licence auction plan

Posted 2/17/11 : Operators in Holland displeased with licence auction plan
 
Online gambling firms operating in the Netherlands are opposed to government plans to auction a limited number of operating licences in 2012, the Financieele Dagblad newspaper reported this week.
 
The row has its roots in a government plan to raise Euro10 million by issuing a set number of licenses for online gambling operations, a sector of the Dutch economy that has been the subject of fierce litigation as European gambling companies have tried to penetrate the market, citing EU principles of free passage of goods and services.
 
Holland's state monopoly company De Lotto and its Holland Casino dominate a domestic gambling market in which it is illegal to target Dutch online gamblers...who have nevertheless proved to be determined internet punters.
 
The online gaming foundation Stichting Online Gaming Nederland (STIOGG) says that proper regulation can only be stimulated if there are an unlimited number of licenses for online poker, betting and bingo.
 
The government is currently drawing up draft legislation in an environment where the national audit office has warned that the state's land gambling monopoly - Holland Casino - is pushing its luck trying to expand catering and entertainment operations.
 
Audit officials have warned that the casino management is supposed to building on an anti-addiction platform to comply with EU law, and that expanding casino properties into wider entertainment centres could be seen as contradictory.

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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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