Connect with us

Compliance Updates

NETHERLANDS DELAYS LEGALISING ONLINE GAMBLING

Published

on

Image by djedj from Pixabay
Reading Time: 2 minutes

 

Joy broke out when the Netherlands finally decided to legalize online gambling. It all went south when it was later stated that the market launch for regulated online gambling has been delayed until July 2021. The decision was made to permit the government enough time to create secondary gambling legislation. The country’s Minister of Justice and Security, Sander Dekker, announced the delay to the Netherlands’ lower house of parliament. The amended Remote Gambling Act is now set to take effect on the 21st of January, 2021.

Kansspelautoriteit (KSA), the official Dutch gambling regulation had earlier stated that it would begin to accept online license applications from operators after the enactment of the RGA. These applications would have to be processed for six (6) months before being fully ratified. This has led to the inevitable delay in the online market launch. You can get a full-time experience at onlinecasinohex.nl, where we offer the best of online gambling and casino games.

On the bright side, some legislators tried to move for the absolute ban on gambling advertising. The minister rejected this view. He had this to say;

“…restricting gambling advertising is…not in itself an objective of the current Dutch gambling policy.”

Dekker further stated that placing a ban on advertising would only have negative impacts on the government’s desire to help locally-licensed gambling sites gain traction. He, however, stated that there are plans for the government to strengthen the existing rules on advertising in the Netherlands. Some of these rules include regulated time-frame for advertising through certain media platforms, limited bonus offers, restrictions on behavioral targeting as well as limited celebrity endorsement.

The Kansspelautoriteit (KSA) will not be granting the licenses of prospective online gambling operators who have not displayed a functional age-verification system. The government is particularly interested in restricting the participation of under-aged customers to zero percent. The government made this a compulsory requirement after it was discovered in 2018 that underaged customers were easily gaining access to the state-run Nederlandse Loterij’s Toto Sports betting product. The Nederlandse Loterij thereafter upgraded its age-restriction processes. As such, Dekker gives prospective online gambling operators to be at alert. The minister expressly stated that the failure of any company to comply with this will not only amount to the rejection of their license application, but it would attract the full weight of the KSA’s enforcement procedure.

Due to the coronavirus, there has been a national lockdown of all physical gambling venues nationwide. This has left a vacuum in the market. This also has led to a delay in the legalization of online gambling. Ironically, other international online gambling sites have been offering their services to Dutch customers without a license. It, therefore, becomes necessary that so much attention is given to the ratification of the new laws.

CONCLUSION

Technology makes life without physical contactless awful. Everything done physically can be done online. But, the restriction of online gambling activities in the Netherlands would lead to a diversion of local funds to an unregulated international market.

Compliance Updates

GGPoker Obtains German Gambling License

Published

on

Reading Time: < 1 minute

Online poker provider GGPoker, operated by NSUS Malta Ltd, received permission to host online poker on November 25th, 2022 from the State Administration Office of Saxony-Anhalt. As with all providers, the permit is initially limited to five years.

Active in the global Poker and iGaming market since 2017, GGPoker has become the world’s largest poker room thanks to its innovative approach to poker. As an official sponsor of the WSOP Las Vegas, GGPoker is the direct link to the world stage of poker.

NSUS Germany, Sven Stiel on licensing:

“We are delighted to have gone the long and constructive path with the German  authorities. We are now able to offer our high-quality, innovative and secure poker environment officially and legally backed. This is the decisive step towards modern iGaming in Germany under professional and customer-oriented conditions.”

Continue Reading

Compliance Updates

The annual VIXIO GamblingCompliance Global Regulatory Awards recognise the best in the industry

Published

on

Reading Time: 2 minutes

 

Yesterday VIXIO GamblingCompliance announced the winners of its Global Regulatory Awards (GRAs). We were delighted to host more than 350 guests at the De Vere Grand Connaught Rooms in London. The prestigious GRAs recognise and reward individuals and teams who work tirelessly to set new standards in compliance and responsibility within the gambling industry.

Comedian Hugh Dennis was the night’s host and helped present the 20 categories, along withspecial guests. Highlights from the night include wins by Christine Gallo at GLI, David Webb from BetConstruct and Beth Jones at Genting Casinos, all of whom walked away with one of our special individual awards. Meanwhile, Flutter Entertainment had a night to remember, receiving three Global Regulatory Awards including Compliance Team of the Year. We concluded the ceremony with our annual Compliance Lifetime Achievement Special Award, which was awarded to Paul Burns, the CEO of the Canadian Gaming Association.

The full list of 2022 award winners can be found here.

Since its launch in 2017, the independently adjudicated GRAs has become the biggest of its kind, and continues to grow as the industry moves towards a stronger culture of compliance.

VIXIO would like to thank this year’s awards sponsors: Bally’s Interactive, BetConstruct, Docaposte, DraftKings, Fortuna Entertainment Group, GiG Comply, Playtech and San Manuel Tribal Gaming Commission, as well as our charity partner YGAM. Without the continued support from our sponsors and partners, the Global Regulatory Awards would not have been the success that it continues to be.


Mike Woolfrey, CEO of VIXIO, said: “Congratulations to all our winners. This year the standard was exceptionally high, so winning an award really is a clear demonstration of a dedication towards regulatory compliance and safer gambling. VIXIO is proud to provide a platform to showcase the great work going on within the industry. We were delighted to see that guests from across the globe joined us last night, a true testament to the industry’s recovery following the pandemic.”

Continue Reading

Compliance Updates

Georgian Govt to Introduce Permit Requirement for Specific Online Gambling Operations

Published

on

Georgian Govt to Introduce Permit Requirement for Specific Online Gambling Operations
Reading Time: < 1 minute

 

Online gambling businesses – including online casinos, slot machines and betting – will be subject to mandatory permits for specific types of operation, following the Georgian government’s reveal of amendments to the relevant law on Monday.

According to the bill, online casino permits will be issued only to casino holders, with online slot machine permits likewise granted only to slot machine holders and betting permits issued only for holders of betting businesses.

The amendments seek to replace the current regulations that allow online gambling businesses to add different types of operations without acquiring additional permits.

Continue Reading
Advertisement
EvoPlay
Advertisement

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.