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UK gambling conference set to expose monopoly markets

1/19/10 - Next week sees the start of the Legal Gaming in Europe conference – a forum for gambling and gaming operators designed to guide them through the complicated web of regulation varying from country to country across the continent. Representatives from many leading gambling operators will attend, seeking to explore the market opportunities developing from legislative reforms in Denmark, Spain, Italy, and Estonia.

The conference will make participants aware of what gaming products and gambling platforms are currently legally permitted in each jurisdiction, along with details of the tax frameworks, regulatory restrictions, and pledges to responsible gaming.

The Right2bet campaign is particularly interested in the discussions over the European Commission’s stance on the developments in the gambling markets seen in EU member states such as France, Poland, Belgium, Italy, and the Netherlands. The Commission is tasked with ensuring each country’s laws are in tune with the legally binding Treaty commitments signed by member states, especially Article 49 of the EU Treaty, which ensures that there must be a free flow of goods and services between member states without restriction.

However, the Commission’s record has so far fallen short of its commitment to a competitive gambling industry. Last week, the Commission asked the Polish government to explain its recent reforms which have seen gambling and gaming operators from across the EU blocked from the Polish market, but it remains to be seen if they will follow through and penalise Poland for contravening European law. We are hopeful that Competition Commissioner Neelie Kroes will step up and send a powerful message that flouting EU law brings serious repercussions.

The Commission recognises that competition brings consumers a wealth of benefits, including fairer prices, a greater variety of choice, improved quality of service, and greater innovation in response to the challenges of the global marketplace. However, when it comes to supporting these goals in the gambling sector, the Commission seems on more than one occasion to have neglected its duties. Hopefully, the coming together of gambling operators at the London-based conference will generate more demand for a louder consumer voice in this marginalised industry, and see everyone enjoy the benefits of a free and fair market.

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Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

Pennsylvania Online Gambling Updates - Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

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