iGaming Industry
Gaming In Holland News-August 2017
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.
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.
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.
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.
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.
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.
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.
Supremeland Gaming, the emerging brand in American iGaming, announced the approval of an interim Supplier License in West Virginia, further solidifying its position as a key player in the rapidly expanding iGaming industry. This milestone marks the company’s third approval following the successful acquisition of the first approvals in Pennsylvania and New Jersey.
Supremeland Gaming is approved to operate under this interim license and is now authorized to offer its cutting-edge innovation to the Mountain State.
Supremeland’s game portfolio has garnered international appeal since its debut in November 2023. The innovative brand promises cutting-edge slot play, combining immersive storytelling, state-of-the-art graphics, and impressive bonuses.
Rickard Öhrn, CEO of Supremeland Gaming, said: “The acquisition of our interim Supplier License in West Virginia is a pivotal step in our journey, reflecting on our dedication to delivering innovative experiences to a broader audience. As we expand our footprint, our commitment to excellence remains unwavering, and we look forward to contributing to the vibrant gaming landscape in the Mountain State.”
Supremeland is gaining traction for its emerging portfolio of top-notch games, including Red Panda Rising and the international debut title, Munition Mine, underscoring its commitment to pushing the boundaries of innovation in the iGaming industry.
Pragmatic Play, a leading content supplier to the iGaming industry, is continuing its momentum in the Latin American market, after signing an agreement to take its three biggest products live with Betsala.
The agreement will see Pragmatic Play’s full portfolio of award-winning Slot content go live, including recently released Slot titles Loki’s Riches and The Big Dawgs in addition to familiar player-favourites such as Sugar Rush and Gates of Olympus.
Betsala customers will soon gain access to Pragmatic Play’s Live Casino products upon integration being completed. The sector has been a focus for the provider over the previous 12 months with releases such as the dynamic Treasure Island game show which complements Pragmatic Play’s comprehensive range of casino classics such as Roulette, Mega Roulette, and Blackjack which are also available on the platform.
Completing the product offering is Pragmatic Play’s cutting-edge 3D renderings of popular sports such as horse and greyhound racing, football, and motorsports.
The latest LatAm development for Pragmatic Play sees it further boost its profile across the region where it has cemented its status as a leading supplier of casino experiences.
Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “Proving LatAm is still a key source of growth, Pragmatic Play is delighted to now count Betsala as another valued partner in the region.
“Pragmatic Play’s three leading products will soon be on the platform, and we look forward to even more players discovering its robust and engaging offering.”
Albert Bellavista, CEO at Betsala, said: “Pragmatic Play has built a stellar reputation across Latin America for its high-quality experiences, and we welcome them as our latest partner to bolster our offering and provide more thrills than ever.
“Most iGaming enthusiasts worldwide are already familiar with Pragmatic Play’s titles and we know the upcoming addition of its content will come with a great response from our players.”
Pragmatic Play, a leading content supplier to the iGaming industry, is set to make another appearance at a Latin American summit, at SAGSE LATAM in Buenos Aires.
Taking place across two days from March 20th-21st, the event sees iGaming professionals gather at Buenos Aires’ Hilton Hotel for the 32nd edition of the iconic exhibition.
SAGSE LATAM marks the second summit attended by Pragmatic Play in Latin America in 2024, with its new immersive proposal Pragmatic Play Experience, after an extremely successful exhibition tour in 2023, which saw the provider make inroads across the continent and impress industry representatives.
The gaming provider will be at Stand 120 to showcase its diverse portfolio, including Slots, Live Casino, Virtual Sports and Bingo content, alongside its brand-new Sportsbook solution.
In addition, Pragmatic Play will be a platinum sponsor of the event, highlighting the importance of such industry exhibitions and the vital role the leading provider plays in them.
Victor Arias, VP of Latin American Operations at ARRISE powering Pragmatic Play, said: “Pragmatic Play is proud to be a platinum sponsor of SAGSE LATAM and to be influential in shaping the future of the Latin American iGaming market. With a comprehensive multi-product offerings and solutions, it is poised to capitalise on the immense opportunities that the region presents.
“With an exciting range of panel discussions and interactivities that the conference brings, it is set to be yet another momentous date in the LATAM gaming calendar.”
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