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Netherlands Senate Debating Online Gambling and Holland Casino Privatization Bills

George Miller

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Netherlands Senate Debating Online Gambling and Holland Casino Privatization Bills
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The Netherlands Senate is about to proceed with discussions on several bills that aim to propose important changes to both the online and land-based sectors of their gambling industry. The regulations were already approved by the House of Representatives, but have seen little evolution in the upper chamber of the country’s main legislative body since then.

The countries upper legislative forum is set to debate today on the above-mentioned bills as well as on a recently penned letter by Dutch Minister for Legal Protection Sander Dekker that revealed an agreement on an important provision in the country’s Remote Gambling Bill had been reached between legislators.

House of Representatives of the Netherlands approved the Remote Gambling Bill two years ago, back in 2016. Altogether, the bill allows for the regulation and liberalization of the Netherlands’ online gambling market. Foreign online gambling companies will be able to apply for licenses and operate in the regulated environment.

The piece of legislation needs to be approved by the Senate in order to come into effect as a law. In a letter from last week, Minister Dekker informed the House of Representatives that they had agreed on the physical presence provision included in the bill. Under lawmakers’ agreement, gaming and betting companies based in the European Union or the European Economic Area will not be required to establish offices in the Netherlands in order to be allowed to operate in the country. However, companies located outside the EU/EEA will be obligated to have physical presence in the country.

The much-needed clarification in relation to the physical presence language in the Remote Gambling Bill was considered by many as the final big hurdle before the long-delayed consideration of the piece in the nation’s Senate.

As mentioned above, members of the Senate Committee for Justice and Security have included Minister Dekker’s letter as well as the bill itself in their Tuesday agenda. It is yet to be seen how much attention the gambling matter would be paid to today.

Privatization of Holland Casino

The committee is also discussing another matter mainly the privatization of Holland Casino, the nation’s land-based and state-run operator.

The Dutch House of Representatives approved early last year a bill on the matter and it is now up to the Senate to act on the planned privatization of the casino operation.

Under the legislative piece, Holland Casino’s ownership of fourteen land-based casinos across the nation would be split in branches. Ten would remain part of the Holland Casino brand, while four would be sold separately. Two additional casino licenses are planned to be issued under the proposed bill.

Under one of the provisions, the private operator that would purchase the ten venues would not be allowed to obtain any of the other six available licenses. The privatization of Holland Casino would be reviewed and evaluated five years after its completion under other another language. The country’s government is expected to reap over €1 billion from the move.

Source: CasinoNewsDaily

George Miller (Gyorgy Molnar) 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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Eastern Europe

Potential New Casino In The Center Of Gdansk

George Miller

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Potential New Casino In The Center Of Gdansk
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There is a new intention of creating a new casino in Gdansk in the newely opened IBB Hotel in Dlugi Targ. The one and only issue is that there are already two casinos in the city and the current gambling legislation does not allow another one.

The Warsaw-based company Casino, which manages, among others: a casino in Sopot, wants to open another one in Gdańsk. The company applied for permission to rebuild the premises for a casino and a club with a small gastronomy. Where? In the basement and ground floor of the IBB Hotel in Długi Targ, which opened in April.

We have accepted the casino offer, but now it has to deal with a number of procedures, including getting permission from the Ministry of Finance and the City Council of Gdansk” – said Adam Trybusz, the owner of the object.

The Gambling Act of Poland states that in towns with up to 250,000 residents only one casino can be created, and for each subsequent started 250 thousand inhabitants, their number is increased by one. The number of casinos in the region can not be higher than one casino for each full 650,000 inhabitants.

 

Source: e-playonline

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Australia

ACMA probes .cc gambling websites

Niji Ng

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ACMA probes .cc gambling websites
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The Australian Communications and Media Authority (ACMA) is investigating the allegation that gambling websites using the .cc domain extension have breached of the Interactive Gambling Act (IGA).

As per the IGA, website operators are prohibited from offering casino-style games and live sports betting to Australian customers.

Gambling operators without an Australian licence are also prohibited from taking bets from Australian customers.

“When deciding if a site should be investigated, the ACMA considers a number of factors, including whether the service being provided may be a prohibited or unlicensed service … and whether it may have an Australian-customer link,” an ACMA spokesman said.

Dr. Charles Livingstone, a gambling law expert from Monash University, said the sites do appear to have breached the act.” The avowed purpose of the IGA is to protect Australians from less well-regulated gambling sites, and to prohibit non-wagering gambling being available online,” he said. “Using a web address of an Australian territory to offer online gambling services is an offence, unless the provider is registered in an Australian jurisdiction.”

 

Source: 5star.media

 

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MGA | FIAU issues the Implementing Procedures – Part II addressed to the Remote Gaming Sector

George Miller

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MGA | FIAU issues the Implementing Procedures - Part II addressed to the Remote Gaming Sector
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The Financial Intelligence Analysis Unit (FIAU) has today issued the Implementing Procedures – Part II (found here) addressed to the remote gaming sector.  This document focuses, and provides guidance, on certain aspects of the Prevention of Money Laundering and Funding of Terrorism Regulations (“PMLFTR”) which warrant further elaboration at industry-specific level to ensure that they are understood and interpreted consistently by licensees.

The Implementing Procedures – Part II for the remote gaming sector were drawn up in conjunction with the Malta Gaming Authority and following due consultation with the relative sector.  All interested parties are to take note thereof. These Implementing Procedures are also accessible through the FIAU’s website – http://www.fiaumalta.org/ – and are considered to have come into force on the date of their publication.

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