Connect with us

Compliance Updates

Kindred secures gambling licence in the Netherlands

Published

on

Kindred secures gambling licence in the Netherlands
Reading Time: 2 minutes

 

Kindred Group has been granted a gambling licence by the Netherlands Gambling Authority. The licence is an important part of Kindred’s strategy to operate in locally licenced markets and follows an extensive application process including successful completion of relevant audits. Kindred’s flagship brand Unibet will launch its Unibet.nl site in the coming days and a Capital Markets Day will be hosted on 14 September.

Kindred Group (Kindred) has received an approval from the Dutch Gambling Authority (Kansspelautoriteit, KSA) to offer commercial online gambling and betting under the Dutch Remote Gambling Act. The licence grants Kindred Group permission to operate in the Dutch market as of 8 June 2022. The approval from the KSA follows an extensive process to secure Kindred’s 20th local licence and represents an important step in the Group’s ambition to increase its share of revenue from locally regulated markets.

The Netherlands is a large and important European market and one that we look forward to operating in with a local licence. We have been advocating local licence schemes for the past decade, and are thrilled that our newly awarded licence in the Netherlands will allow us to deepen and develop our involvement in the Dutch society, as well as actively contribute to a fair and sustainable gambling market. As part of our long-term ambitions and strategy, we are eager to provide a safe, secure and entertaining gambling experience for Dutch customers”, says Henrik Tjärnström, CEO of Kindred Group.

“We are fully committed to establish Kindred’s role as a responsible, trustworthy and valuable gambling operator on the Dutch market through our flagship brand Unibet. Our corporate purpose to `transform gambling by being a trusted source of entertainment that contributes positively to society’ sits at the heart of our `Unibet Impact’ programme which is solely dedicated to foster a safer and more responsible online gambling industry. We want to convey entertainment to the Dutch society and are very keen on bringing the joy and excitement of sports to everyone”, says Anne-Jaap Snijders, Chief Commercial Officer, Kindred Group.

Kindred will host a Capital Markets Day (CMD) on 14 September in London where a thorough introduction to the Group’s long-term strategic direction and the market entry into the Netherlands will be given. Senior management will present strategic areas and projects to enable growth and profitability in locally regulated markets. More information about the CMD will follow.

Compliance Updates

Spain’s Council of Ministers Approves New Responsible Gambling Decree

Published

on

Reading Time: 2 minutes

 

Spain’s Council of Ministers has approved the latest royal decree on gambling, bringing 30 new responsible gaming measures into law. The Royal Decree of the Development of Safer Gaming Environments had been proposed by the Ministry of Consumer Affairs and follows last year’s decree that introduced new advertising restrictions.

The decree has a notable focus on young people aged between 18 and 25, which the ministry says are more vulnerable to inappropriate messages about gaming. However, it includes measures for all gamblers.

Measures include the definition of risk profiles based on consumer spending. A player will be considered an intensive gambler if they accumulate a net loss of €600 (€200 for those aged under 25) over three consecutive weeks. There will be a range of requirements for dealing with such players.

Operators will have to send warning messages when they detect potentially harmful behaviour and must provide a monthly summary of gaming activity. Meanwhile, they will be prohibited from sending promotional material to such intensive players and they must not include them in VIP programmes.

Players with this risk profile will also be banned from using credit cards to gamble. If at-risk players do not respond to an operator’s attempt to communicate within 72 hours, the operator must suspend the player’s account.

Meanwhile, gambling operators will not be allowed to send promotions to any people aged 18 to 25 if they have not previously interacted with the business. Younger players must also be shown a message telling them that gambling at an early age is associated with an increased risk of developing unsafe gambling behaviour.

Other measures introduce new protections for those who request safer gambling restrictions on their accounts or register on the new national self-exclusion register.

The rules are expected to come into effect in around six months. Operators that fail to comply with the new measures could be fined up to €1m and could have their licence suspended for six months.

Continue Reading

Australia

ACMA Blocks More Illegal Offshore Gambling and Affiliate Marketing Websites

Published

on

Reading Time: < 1 minute

 

The Australian Communications and Media Authority (ACMA) has requested that Australian internet service providers (ISPs) block more illegal offshore gambling websites and affiliate-marketing websites.

The latest sites blocked include Casino Jax, Mirax Casino, Wild Fortune Casino, Kosmonaut Casino, Slotozen, Rolling Slots, N1 Bet Casino and No Deposit Kings.

The ACMA undertook investigations that found these sites to be operating in breach of the Interactive Gambling Act 2001.

Website blocking is one of a range of enforcement options to protect Australians against illegal online gambling. Since the ACMA made its first blocking request, 709 illegal gambling and affiliate websites have been blocked. Over 180 illegal services have also pulled out of the Australian market since the ACMA started enforcing new illegal offshore gambling rules in 2017.

Continue Reading

Compliance Updates

Netherlands Gambling Regulator KSA Fines Bet365 for Marketing Breaches

Published

on

Reading Time: < 1 minute

 

The Dutch Gaming Authority (KSA) has imposed a fine of 400 thousand euros on Hillside New Media Malta Plc, a Bet365 company.

In an investigation following a broadcast of the TV programme Kassa, the KSA found that Hillside had directed advertisements and bonuses to young adults (18-24 year olds) registered with Hillside in the period from October 26, 2021 to February 1, 2022. That is prohibited. This is the third fine for a permit holder for advertising aimed at young people.

“Vulnerable groups, such as young adults, must be given extra protection. The brains of young people are still developing. As a result, they are extra vulnerable to developing gambling addiction. Gaming providers must fully respect the rules intended to protect vulnerable groups. That did not happen here and therefore this fine,” the KSA said.

Continue Reading
Advertisement

Royal Partners

Advertisement

NUXGAME

Advertisement

GambleDex

Trending

Get it on Google Play

European Gaming Media and Events is a leading media and boutique event organizer in the European Union with a monthly reach of +110,000 readers. The official company (PROSHIRT SRL), has been listed for 4 years in a row among the top 3 Advertising and market research agencies in the local Top Business Romania Microcompanies based on the Financial Reports.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2022 European Gaming Media and Events. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

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