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Winamax Could Roll Out Shared Online Poker Tables within Next Two Months

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Winamax Could Roll Out Shared Online Poker Tables within Next Two MonthsReading Time: 2 minutes

Winamax, the French online poker operator will need around two months to join the Western Europe-wide shared online liquidity project.

The poker room is currently licensed to operate in its home country and recently received the go-ahead form the local gambling regulator, ARJEL, to share liquidity in the countries that participate in the scheme.

Winamax has already applied for the necessary license to operate in Spain but the country’s regulatory body, DGOJ, is yet to issue it. In Italy, the French operator secured its presence through the acquisition of the existing license of online gambling website bet-at-home. It is also waiting for approval to enter Portugal. The country has kept PokerStars the only licensed operator in its poker market for over a year now.

However, the Portuguese Official Journal published the technical standards framework for shared liquidity this past Friday, which practically means that locally licensed operators can now merge their Portuguese player pools with those in the other participating countries. It is believed that SRIJ, the Portuguese gambling regulator, would now admit more operators to the local market. Winamax and partypoker have already expressed interest in the Portuguese poker environment. It is yet to be seen whether 888poker, another major poker operator, would show appetites to expand its footprint to Portugal.

As to when Winamax will be able to merge its player pools, Emilio Domingues from Spanish-language poker training website EducaPoker said on Twitter that bureaucratic procedures would probably delay the poker room’s launch in the other participating countries. However, the French operator is expected to eventually go live with shared poker tables in Spain and France within the next two months.

Once Italy publishes its own technical standards framework, Winamax will also be able to go live in that country, as well, and to merge its Italian pool with those in the other partnering countries in the shared liquidity scheme.

PokerStars and Shared Liquidity

It seems that the world’s largest poker room will have a couple of months during which it will be the sole participant in the shared liquidity project. PokerStars rolled out Franco-Spanish tables in mid-January. Its PokerStars Europe network quickly became the third largest in terms of cash game volumes and one of the largest in terms of overall traffic.

At the present time, there are 12,758 players online on PokerStars Europe. As many as 683 of them are playing cash games. The 24-hour peak stands at 4,983 cash game players.

It is yet to be seen when exactly PokerStars will open its network to Portuguese players now as the country has officially joined the shared liquidity project. However, given the fact that it rolled out its Franco-Spanish tables on the very day when Spain authorized shared liquidity through a publication on its Official State Gazette, the operator will probably be almost as quick to include players from Portugal.


Source: European Gaming Media and Events

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Russian Online Casinos Supply the Donbass Separatists

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Russian Online Casinos Supply the Donbass SeparatistsReading Time: 1 minute

Pro-Russian separatist groups of the Donbass War (Eastern Ukraine) receive material funds from illegal gambling business, states a recent article published in the Russian Sobesednik magazine. According to article, part of the illegal profits of the online casinos is used to finance the ongoing conflict in Ukraine.

As reported by GC Alor analysts, the black turnover of these Russian online casinos is around 200 billion RUR (2,725,065,200.00 Euro). The Majority of these online casinos are registered in foreign administrations, like Azino777 being registered in Curacao.

As experts say, many online casinos are physically based in Ukraine, where the legislation is slightly more loyal than Russian. It is allowed, for example, to develop gaming software for third-party customers. Lucky Labs company, which is linked to the online casino “Vulcan”, operates in Ukraine as software developer.

According to the Security Service of Ukraine, which conducted searches at the office of the company lately, Lacky Labs also controls the websites of CasinoX and Joycasino. The company’s office is big. It is a 4-storey building designed for 150 people. There is also a basement area where there is a kitchen and a dining room, a gym.

Lucky Labs was founded by two Russians. Because of the sanctions imposed by the President of Ukraine Petro Poroshenko, now they are not allowed to enter the country. However, Lucky Labs continues to exist. Now the company is registered by an Ukrainian citizen.

If some of the profits of illegal online casino go to pro-Russian patriotic purposes, it becomes clear why Roskomnadzor does not block their Internet addresses. The correspondent of “Sobesednik” managed to access the mentioned online casinos without any obstacles, using no VPN or “mirrors”.

 

Source: sobesednik.ru


Source: European Gaming Media and Events

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Play’n GO ‘Slots’ Into 1st Place!

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Play'n GO 'Slots' Into 1st Place!Reading Time: 2 minutes

Company celebrates EGR victory with Slot Provider of the Year Award

 

June 22, 2018 – Play’n GO were honoured at the EGR B2B Awards on Wednesday (20thJune) as they took home the highly coveted Slot Provider of the Year Award, beating out some strong competition.

The awards, held in London’s prestigious Hurlingham Club, “celebrates and rewards the very best service suppliers in the online gaming industry” and Play’n GO were honoured to have been nominated in numerous categories including Innovation in Mobile and Best Multi-Channel Supplier.

Play’n GO were recognised for their remarkable offerings in the slot market over the past year including innovative games such as Viking Runecraft, Sweet Alchemy and Moon Princessas well as many other popular titles.

CEO Johan Törnqvist was delighted to pick up the win, and believes it is a reflection of the company’s hard work.

“It’s an honour to pick up such a sought-after award, especially with the level of competition in the category. As a company we work hard to put out the finest, most entertaining, offering to our partners in the market, and winning this award is a testament to that. We have consistently been recognised in the industry for the innovative products we release and it’s our job not to rest on our laurels, but to continue innovating”

 

About Play’n GO

Play’n GO is an award-winning supplier of high quality gaming content to many of the world’s leading casino brands.  Its genuine omni-channel solution can be tailored to suit the needs of individual online and land-based partners, regardless of geographical, regulatory, or market-specific requirements. Its games are developed in HTML5 to provide an enhanced user experience on all devices and operating systems. These are complemented by superior back-office administration tools which provide expansive reporting and marketing capabilities, ensuring operators are equipped to provide the ultimate gaming experience. The supplier’s extensive portfolio was recently recognised by the award of the IGA Slot Provider of the Year 2017 title. Play’n GO currently hold offices in Sweden, Malta, Hungary, and the UK. Please visit http://www.playngo.com for more details.


Source: European Gaming Media and Events

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Poland: Accepted Changes In Taxes, Including Gambling

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Poland: Accepted Changes In Taxes, Including GamblingReading Time: 1 minute

Poland’s lower house (Sejm) has voted down five Senate amendments to a comprehensive amendment to several tax bills, including gambling.

The adopted amendments may be applied retroactively, which is to the income earned from January 1 2018.
Gamblers will be treated in a uniform manner after the changes.

Adopted by the Sejm on May 10th of this year extensive amendment to the Personal Income Tax Act (PIT), the Corporate Income Tax Act (CIT) and the Act on flat-rate income tax on certain revenues earned by natural persons; that all winnings on machines will be exempt from PIT, the tax relief for creators will be extended to the next creative professions, the real estate income tax will be larger. This applies to provisions adopted last autumn and effective from January 1st 2018.

Unlike the regulations adopted in autumn, the amendment assumes for example, that participants of legal gambling will be treated in a uniform manner. Regardless of whether the games are organized by casino operators or a company performing a state monopoly in this area, which would be Totalizator Sportowy. In line with the provisions changed by the Sejm and approved by the Senate on Thursday, winnings in slot machine games, card games, dice games and cylindrical games – regardless of which legally operating entities organize them – will be exempt from personal income tax.

In the remaining scope, the rules of taxing winnings (in numerical games, cash lotteries, mutual bets, etc.) are to remain unchanged in relation to the provisions currently in force. Pursuant to the amendment of October 27th 2017, winnings in gambling are subject to a l0% PIT tax on winning if their one-time value of winning exceeds PLN 2,280 (528 Euro).


Source: European Gaming Media and Events

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