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Compliance Updates

Two More Swiss Casinos Secure Online Gaming Licenses

Niji Narayan

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Two More Swiss Casinos Secure Online Gaming Licenses
Photo Source: tripadvisor.co.uk
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The Swiss Federal Council has approved an extension of the gaming licenses of land-based operators Grand Casino Kursaal Bern AG and Casino Interlaken AG to offer online casino games. The casinos can launch online operations as soon as the Federal Gaming Board (ESBK) approves their online gambling product offering.

Casino Interlaken is already teasing a countdown to the launch of its gambling website, which will operate under the StarVegas brand. StarVegas is operated by Novomatic’s Malta-licensed Beatya Online Entertainment subsidiary and is already operational in Italy and Spain. The Bern venue, which is operated by Casinos Austria International, has yet to detail its online plans, but CAI has partnered with online gambling operator Betway in other markets.

The ESBK previously approved four other casino operators launching online in June. There are 21 land-based casino licensees, all of which are eligible to apply for online licenses under the gambling expansion legislation that took effect on January 1.

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Compliance Updates

Buenos Aires Regulator Outlines Plans to Launch Online Gambling in Q4 2020

Niji Narayan

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Buenos Aires Regulator Outlines Plans to Launch Online Gambling in Q4 2020
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Buenos Aires’ gambling regulator Loteria de la Ciudad (LOTBA) has published the details of its plans to start screening online sports betting and casino operators who want to offer services in the city. The regulator is planning to launch online gambling by the final quarter of this year.

LOTBA is proposing to authorise an unlimited number of “Online Gaming Agencies” that would be allowed to offer online sports betting, virtual betting, non-sports betting, slots, roulette, blackjack, punto banco baccarat, poker and lottery games. While there will be no competitive tender, there are a few hurdles operators will need to clear.

Companies interested in becoming an “Agency” would need to pay an upfront fee of US$30k, prove that they have been in business for two years, have annual revenue of ARS100m (US$1.6m) and demonstrate a net worth of $25m.

Licenses would be valid for an initial five-year term, extendable for an additional five years. Agencies would pay an annual license fee of $100k and 10% tax on their online revenue.

They also have to submit a Guarantee of Compliance in the sum of $2m, although this will be reduced to $1m following accreditation of the final technical certification report.

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Compliance Updates

Dutch Regulator to Conduct Meetings for Gaming Halls Next Month

Niji Narayan

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Dutch Regulator to Conduct Meetings for Gaming Halls Next Month
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Dutch gambling regulator Kansspelautoriteit (KSA) is going to organise four meetings in March for gaming halls about the Central Register Exclusion of Games (Cruks). The meetings will take place on March 17, 19, 23 and 30.

With the approval of the Remote Gambling Act, gambling halls are legally obliged to consult the registry upon the arrival of a customer. If a player is registered, access must be denied.

The law is likely to enter into force on January 1, 2021. An important part of the new law is that extra requirements are imposed on providers of the riskiest games of chance to prevent gambling addiction. Being connected to Cruks, once the Koa Act has entered into force, is one of them.

The meetings in March are intended for the people within the gaming halls and gaming casinos in charge of the access policy.

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Compliance Updates

Andorra’s Gaming Regulator Rejects Casino License Award to Jocs SA

Niji Narayan

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Andorra’s Gaming Regulator Rejects Casino License Award to Jocs SA
Photo Source: giespanol.com
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Andorra’s gaming regulator Consell Regulador Andorrà del Joc (CRAJ) has once again rejected the plans to award its sole casino license to Jocs SA, a firm primarily involved in managing bingo halls. Jocs had pledged to build a €15m, 4000-square-meter casino in the capital Andorra la Vella.

One year ago, the CRAJ withdrew Jocs’ casino concession based on “deficiencies” in Jocs’ paperwork, a decision that Jocs chose to appeal last June. However, the CRAJ once again concluded that there were “significant differences between the initial commitments and the final project.”

Jocs announced that it will appeal to this latest rejection within the prescribed 30-day window.

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