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Compliance Updates

EGBA Calls For Dutch Online Gambling Regulation

George Miller

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EGBA Calls For Dutch Online Gambling Regulation
Photo Source: iagr.org
Reading Time: 2 minutes

 

The European Gaming and Betting Association (EGBA) has issued its support for Minister Sander Dekker’s ongoing work to modernise the Dutch gambling framework and urges the Senate to approve his proposals in the next weeks. The Netherlands is currently one of only three EU countries who do not regulate online gambling – leaving its online gamblers playing in an unregulated environment and depriving the Dutch state of valuable tax revenue.

For the specific measures to execute the law, the European Commission issued useful guidelines on how EU member countries can ensure a consistent, high level of consumer protection for their online gamblers. EGBA believes that the new Dutch gambling law should be based on these robust consumer guidelines in order to provide Dutch players with the consumer choice and protection they need in today’s online world.

“The introduction of a Dutch online gambling framework is urgently needed. The Netherlands is now one of the few EU countries who do not regulate online gambling – and this situation is no longer tenable.

Despite the current lack of regulation, recent research shows that 1.9 million Dutch citizens – over 10% of the total population – participated in online gambling last year. These players played on websites which are based in other countries and are neither regulated nor pay taxes in the Netherlands.

Online gambling is a popular pastime – but the uncertain policy basis in the Netherlands hurts normal, law-abiding citizens and puts their protection at risk by forcing them to play in an unregulated online environment. In 2018, the Dutch online market was worth €592m, meaning the Dutch state is also unnecessarily losing about €175m in tax revenue each year.

That is why EGBA welcomes Minister Dekker’s ongoing commitment to modernise the current laws and advocates for the introduction of a well-regulated, multi-license model.

For online gambling regulation to be a success, it should be underpinned by a licensing system which is able to attract enough companies to meet the demand of well-educated and internet-savvy consumers. For Dutch people, whether they play poker or like betting on sports, they should be able to find all the products they are looking for with companies regulated in the Netherlands, that pay taxes there and apply local consumer safeguards.

A licensing model which facilitates this consumer choice will create a better functioning market with players who are properly protected and valuable tax receipts for the Dutch state.” – Maarten Haijer, Secretary General, European Gaming and Betting Association (EGBA).

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Compliance Updates

Wazdan Receives Swedish Certification, Expanding Their Reach Further Through the Nordics

George Miller

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Wazdan Receives Swedish Certification, Expanding Their Reach Further Through the Nordics
Reading Time: 2 minutes

 

Wazdan is thrilled to announce the confirmation of their Swedish certification, enabling them to offer their games through Swedish operators.

Confirmed this month, Wazdan is now fully certified in Sweden and have already enabled their games through their existing Swedish partners, including Kindred, Mr Green, Hero Gaming, and more.

The Swedish Gambling Authority began to accept license applications under a new law, earlier this year, in an effort to liberalise the gambling market and open it up to private actors. Before this, gambling activities were state-owned and had come under criticism from the European Commission for being monopolised. Online, however, under EU law, Swedes had been able to play at online casinos for some time, but finally, in 2018, the government agreed to follow Denmarks lead: quash the monopoly and open up the market. The Swedish Gambling Authority is the authority tasked with ensuring the legality, safety and reliability of the Swedish gaming and gambling market. Their role is to provide consumers with the tools for fair gaming by maintaining a transparent and balanced gaming market, as well as reducing the potentially harmful social effects.

Opening up the market is not just good for game producers, like Wazdan, it is also positive for the players. The main objective under the gambling re-regulation is to create a safer market, with particular focus placed on improving consumer protection, and game security. With this, players will be able to pause their accounts easily, and there will be increased punishments for illegal gambling activities and match-fixing.

Wazdan continues to grow in the regulated markets, with licenses including the MGA, the UKGC, Romania and Curacao. The company is also certified to offer their products in Sweden, Latvia, Lithuania and Estonia. Market expansion comes at a great time for Wazdan and their operator partners, with the company recently announcing a slew of new game title releases, including Lucky Fish, Relic Hunters™ and the Book of Faith, Lucky Reels, Space Spins, Magic Stars 5, Space Gem™, Juicy Reels, and Magic Stars 6, as well as their main game of the year, Larry the Leprechaun.

“We are excited to announce our Swedish certification, which allows us to strengthen our position in the Swedish market and expand the reach of our games through our existing operators. The Swedish certification opens up doors for our team to increase what we offer our partners, and also to develop new relationships with operators to bring Wazdan high-quality games to the Swedish players,” says Andrzej Hyla, Head of Sales at Wazdan.

Keep up to date with the latest Wazdan news at: https://www.wazdan.com

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Compliance Updates

TOM HORN GAMING Content Available In Portugal

Zoltan Tundik

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Reading Time: 1 minute

 

The award-winning, Malta-based outfit is set to expand its business reach into the regulated Portuguese market after the supplier has secured a certification to supply its content to operators in this jurisdiction.

The supplier’s Portuguese offering includes its highly popular titles such as 243 Crystal Fruits, Frozen Queen, or one of the latest additions Sherlock. A Scandal in Bohemia among many others. Tom Horn Gaming will now be able to work with both its existing and new customers who are licensed in Portugal.

Ondrej Lapides, CEO at Tom Horn Gaming commented on yet another milestone in the company’s growth strategy: ‘We have been massively pushing into new regulated markets worldwide and the Portuguese certification ticks yet another box to set our foot firmly in a market with huge business potential. We want as many people as possible to enjoy our games and we look forward to exploring more new ground in Portugal going forward.’

Currently, Tom Horn is compliant to supply its gaming products to operators in the UK, Lithuania, Alderney, Serbia, Belgium, Gibraltar, Latvia, Estonia, Malta, with a multiple new jurisdictions to follow suit.

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Compliance Updates

Missouri Gaming Commission Considers Gaming Terminals as Illegal

Niji Narayan

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Missouri Gaming Commission Considers Gaming Terminals as Illegal
Photo Source: bmmagazine.co.uk
Reading Time: 1 minute

 

The Missouri Gaming Commission has deemed the gaming terminals illegal to slow the rapid-fire spread of untaxed and unregulated slot machines in Missouri.

The lead attorney for the Missouri Gaming Commission ruled that the terminals contain functions that make them “gambling devices,” which are prohibited outside of licensed casinos.

The ruling came in response to a question by the St. James Veterans of Foreign Wars Post 5608, which asked if having one of the terminals in their facility would jeopardise the organisation’s state-issued bingo license.

After testing the machine, the gaming commission said it would.

Although the gaming commission’s findings only apply to establishments that have bingo licenses, the decision comes as state and county officials are investigating what to do about the machines.

The terminals work like slot machines. A player inserts money, selects a game and decides how much to wager. Players who win money can cash out and get paid by the store cashier.

May Scheve Reardon, executive director of the Missouri Lottery told that she fears the terminals could divert money from the lottery’s games, which generate money for public schools.

Senate President Dave Schatz, R-Sullivan, also has pushed for legislation that would prohibit the machines and strip businesses of their liquor licenses if the terminals are present.

Dave Grothaus, executive director of the Gaming Commission said there have been discussions about whether state officials, like the commission, could use their licensing powers to strip businesses of their ability to sell lottery tickets or alcohol if they have the slot machines on their premises.

“Certainly that would be an administrative tool that the state could use to address the problem,” Grothaus said.

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