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State-owned monopoly in Poland
UNPLEASANT SURPRISE FOR POLISH ONLINE GAMBLING
New legislation effectively establishes a state-owned monopoly in a surprising change of attitude.
Just months ago the Ministry of Finance in Poland was making encouraging noises that indicated a more liberalised online gambling market in which operators could offer slots and well as sports betting.
However this week government appeared to have forgotten about the "liberalised" part in an amendment to the Polish Gambling Act that effectively rules out competition and grants the state-owned Totalizator Sportowy control over all “games of chance on the internet.”
Reporting on the amendment, the publication Warsaw Voice noted that governments justification for the move was the addictive nature of slot playing and the need to control the grey market in some forms of gambling (read slot machines located outside of licensed land casinos and online gaming.)
The government expects the amendments, which exclusively allow Totalizator Sportowy to offer online casino as well as sports betting, to generate around Euro 145 million in the first year after implementation, Euro 340 million in the second and Euro 530 million in the third and beyond.
Early indications are that online poker will be a more open market, allowing foreign companies who meet the governments requirements to obtain licensing.
In what is now a familiar state government strategy for online gambling, the Poles plan to start a blacklist of unlicensed operators accessing the Polish market, which will be used to enforce ISP-blocking and enforcement through financial transaction blocking.
Contrary to earlier reports that the government was reconsidering its ruinous 12 percent tax on sports betting turnover, the amendment retains that tax rate instead of changing it to a more reasonable 20 percent of GGR as was proposed by some lawmakers.
What the European Commission will make of the monopolistic amendments, which the Poles want to implement by January 2017, remains open to speculation; the changes must be approved before the amendments are finally signed off by the national parliament.
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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