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SWEDISH GOVERNMENT RE-EXAMINES ONLINE GAMBLING ADVERTISING
Sunday April 05,2015 : SWEDISH GOVERNMENT RE-EXAMINES ONLINE GAMBLING ADVERTISING
Review finds a workaround on EU laws problem.
Last week a review of Swedish online gambling restrictions on advertising published its findings, providing a workaround on earlier judicial decisions that the regulations did not comply with European Union laws, mainly due to the different punitive measures imposed on international transgressors vs. locally-based offenders.
Swedish law prohibits any online gambling advertising or promotion by companies not licensed in the country, and the Ministry of Finance review suggests that the government modify its regulations to ensure that the punishments laid down for all offenders be the same.
The review has also recommended that provision be made to impose immediate fines on offenders in order to get around the problem of lengthy legal processes, which frequently take longer to finalise than the length of the promotion or advertising campaign being targeted.
The changes, if actioned by the government, should be implemented at the beginning of 2016, the review suggests.
Media companies in Sweden are seriously prejudiced by the advertising restrictions, which could cut off millions of kronor in revenues from external operators and marketing firms, and they are understandably opposed to the restrictions, raising the possibility that the government could face steep compensation claims.
There is also the argument that restricting advertising within Sweden does not necessarily stop Swedish online punters from being informed by advertising carried outside Swedish borders in today's widespread communications environment.
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 -
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