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Gaming In Holland News-August 2017

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Gaming in Holland 2017 august

The latest in Dutch and international gaming news.

 

Netherlands Gaming Authority Issues Cease and Desist Order to Catena Media
Yesterday, the Netherlands Gaming Authority announced that it has issued a cease and desist order to Malta-based iGaming lead generation company Catena Media.

The regulator found that Catena Media was actively promoting the services of online gaming operators, including ComeOn, to a Dutch audience through various websites, such as netentcasino.nl, gokoverzicht.com, and spellenoverzicht.com.

The Gaming Authority further decided to impose a daily penalty payment of €1500, up to a maximum of €21,000, if Catena Media would fail to comply with its cease and desist order.

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As of now, the aforementioned websites appear to be no longer accessible from the Netherlands.

 

Europe Generates Almost 50% of All Online & Mobile Gambling Revenue
When it comes to online and mobile gambling, Europe is way ahead of other geographic regions, the Financial Times outlined on Saturday. UK operators have benefited most:

Firms based in the UK have long benefited from not being as tightly regulated as elsewhere in the world. In some countries, such as China and India, bans on online gambling have pushed the practice underground, creating multibillion-dollar black markets for wagers. Other major markets, such as Germany, enforce strict restrictions.

In the same FT article, Paddy Power Betfair’s outgoing CEO Breon Corcoran remarked that his company has no intention to re-enter grey markets (such as – currently – the Netherlands). “Ultimately, there is a question about sustainability in grey markets,” Corcoran said.

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Updated Swedish Gaming Legislation Could Take Effect in 2019
A new framework for the gaming industry in Sweden has been introduced and it could soon end the iGaming monopoly under the control of Svenska Spel. The updated legislation could take effect by 2019 modifying the current regime, although legislators are set to carry out further debates on the issue,” Focus Gaming News reports.

Former Swedish gambling regulator, Hakan Hallstedt, has recommended that online gambling operators pay an 18% tax on their gross gaming revenue. An estimated 90% percent of the Swedish online market would then be licensed and generating taxes from gambling.

 

Janshen-Hahnraths Group Posts 4.4% Increase in Revenues in 2016
The Janshen-Hahnraths Group, owner of 42 Fair Play arcade halls in the Netherlands, announced yesterday that its annual revenues increased 4.4% to €77m. Earnings before taxes amounted to €1.7m.

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In order to safeguard its position in a Dutch market that is expected to go through some major changes, including the opening of the online market and the privatization of Holland Casino, the group made significant investments in the development of an online presence, as well as more frequent and generous jackpot payouts.

We are happy with our financial results,” Janshen-Hahnraths’ CEO Jan Schiffelers said. “Last year’s lower profits are the result of a deliberate strategic choice to prioritize investments that are vital to the long-term viability of the Group. Moreover, we have opted to to draw the necessary funds from our cash flow, rather than external financing.

 

Other News
Despite strict enforcement by the Netherlands Gaming Authority, online casino operators still find ways to advertise their services to a Dutch audience.

Holland Casino has released an official video to announce the World Series of Poker’s circuit stop in Rotterdam.

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Holland Casino is looking to hire a financial accountant.

The Sportech Racing and Digital division of Sportech, holder of the single Dutch tote betting license, has agreed to provide pari-mutuel betting technologies and services to Dansk Hestevæddeløb ApS (DHV), the joint operating company for horseracing and operator of all racecourses in Denmark.

US casinos are warning that they are not sufficiently marijuana friendly.

The global lottery sector got off to a “modest start” in 2017, with reporting lotteries eking out a first-quarter on first-quarter aggregate increase in sales of 0.9%, new data from the World Lottery Association (WLA) indicates.

The Malta Gaming Authority is aiming to roll out a regulatory framework for blockchain technology by Q1 2018.

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Portugal has announced the issuance of its eighth online gambling license to Estoril Sol to offer online sports betting services. The operator was already in possession of a Portuguese online casino license.

PokerStars parent company The Stars Group reported a 7.9% constant currency rise in Q2 revenues to $303.5m, with soaring casino revenues overcoming a significant decline in poker revenues. Revenue diversification reached a significant milestone last quarter, with non-poker revenue representing one-third of the company’s total revenue for the first time.

Shortly after Google opted to drop a long-standing ban on gambling and betting apps in its app store, Sporting Index has become the first company to launch a sports spread betting mobile application on Google Play.

Targeting hundreds of millions of Metal fans worldwide and having already partnered with some of the genre’s major stars, Metal Casino is to launch the world’s first gaming site for hard rock enthusiasts.

Paysafe, which owns Skrill, Neteller and Paysafecard, reported revenues of $538.7m (€458.5m) in the first half of this year, up 11% from $486.7m in the opening six months of last year.

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Betsafe has signed UFC star Conor McGregor as an EU ambassador, ahead of the Irishman’s upcoming fight with Floyd Mayweather.

Slot machine maker Aristocrat Leisure has acquired Israeli social gaming company Plarium Global Ltd, reinforcing the Australian company’s status as a technology business.

Maine has become the 15th US state to legalize paid-for daily fantasy sports (DFS) contests.

A lucky punter in Las Vegas took home an $11.8m slot machine jackpot after wagering a mere $3.

 …

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Source: EEGaming.

Digicode

Digicode Appoints Itai Zak as Executive Director for iGaming Division

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Digicode, a leading provider of innovative software solutions, has appointed Itai Zak as Executive Director for the iGaming division. In this role, Itai will drive the growth and strategic direction.

With over 15 years of experience in the iGaming industry, Zak brings a wealth of knowledge and expertise to Digicode. He has a proven track record of successfully leading and scaling businesses in the online gaming sector, gaining experience as the CEO of SBTech, GoWild Gaming, and Spiral Solutions.

Under Itai’s visionary leadership, GoWild Casino not only seamlessly transitioned to a state-of-the-art iGaming platform but also achieved an astounding 450% increase in profitability, driven by Itai’s strategic expansion into new markets and his ability to build and lead a formidable team of over 300 professionals.

At SBTech, Itai was instrumental in redefining the company’s sales, marketing, and business development approach, transforming SBTech into a leading provider of turnkey sports betting and iGaming solutions. His efforts have helped grow the company from 60 to over 600 employees across multiple global locations, with significant year-on-year growth in net profit.

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Itai’s appointment is a testament to the company’s commitment to innovation, excellence, and strategic growth within the iGaming sector. His proven track record in navigating complex regulatory environments, coupled with his forward-thinking approach to product and market strategy, positions Digicode for exciting advancements in its iGaming offerings.

“We are thrilled to have Itai Zak join our team. His deep understanding of the iGaming landscape and leadership skills will be invaluable as we continue to innovate and expand our foothold in this dynamic industry. Also, Itai’s proven track record in navigating complex regulatory environments, coupled with his forward-thinking approach to product and market strategy, positions Digicode for exciting advancements in its iGaming offerings,” Max Maslii, President and global CEO at Digicode, said.

In his new role, Zak will develop and execute Digicode’s iGaming strategy, focusing on driving revenue and growth. He will work closely with the product development and sales teams to deliver cutting-edge solutions tailored to the unique needs of iGaming operators.

“I am excited to join Digicode and lead their iGaming division. Digicode has a proven track record of delivering innovative software solutions, and I am eager to contribute to their continued success in the iGaming market,” Itai Zak said.

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City Center Online

Pragmatic Play Goes Live with City Center Online in Argentina

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Pragmatic Play, a leading content provider to the iGaming industry, is enhancing its standing in Argentina and is now live with City Center Online.

Taking its leading Slots portfolio to the online casino, City Center Online’s players are now set to benefit from leading titles, including award-winning hits like Sugar Rush and Gates of Olympus as well as more recent releases from Pragmatic Play’s ever-expanding portfolio such as Pub Kings and Mustang Trail.

This latest agreement follows a series of partnerships that Pragmatic Play has struck across the regulated LatAm markets, combined with several regional industry awards, further cements its position as the leading supplier in Latin America.

Victor Arias, VP of Latin American Operations at ARRISE powering Pragmatic Play, said: “We are delighted to announce Pragmatic Play’s agreement with City Center Online as the brand continues its upward trajectory and supply even more LatAm operators with its acclaimed, industry-leading titles.

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“With Pragmatic Play’s renowned slot library now live on the platform, we are confident they will be a hit with City Center Online’s players, and we look forward to see its content provision expanding even more in the near future.”

Samanta Zio, Online Gaming Manager at City Center Online, said: “The quality and brand recognition that is brought on by Pragmatic Play games cannot be understated and we are delighted to now offer its portfolio to our players.

“Underpinning our commitment to providing premium gaming experiences to audiences in Argentina, we are confident this partnership is a momentous win for City Center Online.”

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iGaming Industry

Pragmatic Play Adds TriunfoBet to Growing List of Latin American Partners

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Pragmatic Play, a leading content supplier to the iGaming industry, will soon bring its dynamic multi-product portfolio to more customers with Venezuelan operator TriunfoBet, encompassing its Slots, Live Casino, and Virtual Sports offering as part of the deal.

The supplier has continued to build on its impressive Live Casino offering with the launch of Treasure Island. The action-packed gameshow follows in the footsteps of similar hit titles such as Sweet Bonanza Candyland and Snakes & Ladders Live which are also fan favorites across LatAm.

In addition, casino classics such as Roulette and Blackjack will be brought to an even wider audience in the region thanks to this latest tie-up.

Pragmatic Play’s renowned Slot portfolio will promptly be available for TriunfoBet players to enjoy including new titles such as Gates of Olympus 1000 in addition to Christmas-themed versions of its player-favourite franchises including Big Bass Christmas Bash and Sugar Rush Xmas.

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Rounding off the collection is Pragmatic Play’s Virtual Sports which delivers cutting-edge 3D renderings of popular sports betting markets that match real-life equivalents across horse and greyhound racing, football, and motorsport.

The new agreement with TriunfoBet further boosts Pragmatic Play’s profile across the LatAm market as it cements itself as the industry-leading supplier in the region.

Victor Arias, VP of LatAm Operations at ARRISE powering Pragmatic Play, said: “Pragmatic Play’s content has become a household name in LatAm, and we are confident that TriunfoBet will achieve similar levels of success as other partners. The LatAm market continues to be a key area of expansion for Pragmatic Play, as evidenced by the consistent stream of new partnerships launched each month. TriunfoBet is the perfect addition to Pragmatic Play’s growing portfolio of partners in this region.”

Luis Lizarazo, CEO of TriunfoBet, said: “We strive to provide our players with an exceptional experience on our platform, and our latest partnership with Pragmatic Play allows us to significantly enhance our offering with their extensive range of products. Pragmatic Play’s remarkable growth in Latin America has been truly impressive, and we are thrilled to be among their latest partners. We are confident that their Slots, Live Casino, and Virtual Sports will be met with the same resounding success they have garnered worldwide.”

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