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Hard Rock’s Music Memorabilia Collection Gets New Donations from Greek Music Artists

Niji Narayan

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Jim Allen, the Chairman and CEO of Hard Rock International, has unveiled two new donations from Greek music artists to Hard Rock’s music memorabilia collection. The first one is a handwritten orchestral score of the renowned Greek songwriter and composer Mikis Thedorakis, from the work “Refusal.” The second donation is the beloved chaplet of Grigoris Bithikotsis.

Hard Rock International officially announced the company’s participation in the Greek Government’s RFP process to issue a license for an integrated resort and casino at the former Hellinikon Airport site in the historic city of Athens, Greece.

“We have always believed Athens to be one of the world’s great gateway cities and Hard Rock International envisions creating a must see destination that will help draw from the over 120m annual guests across 74 countries, driving year-round tourism and being an economic driver for Greece. This marks another step in the Company’s efforts to expand our world-class brand of entertainment and hospitality to Europe,” Jim Allen said.

The announcement follows over a year and a half of work on the project and if awarded, construction for the project is estimated to take 24–26 months.

“This announcement continues to illustrate Hard Rock’s commitment to Greece and the great city of Athens following our investment in the Company owned Athens Cafe when no one else was investing during the financial crisis in 2014,” Jim Allen added.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Gambling in the USA

Tim Wilmott Steps Down as Chairman of AGA

Niji Narayan

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Tim Wilmott Steps Down as Chairman of AGA
Photo Source: linkedin.com
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Tim Wilmott has retired from the American Gaming Association as its chairman. The legalisation and expansion of sports betting has been a key marker of Wilmott’s term.

He told AGA members: “Once PASPA happened everything changed,” referring to a Supreme Court ruling that overturned a ban on sports betting. Since then, 13 states so far have launched legalised sports betting operations in casinos, racetracks and on mobile devices.

Wilmott, CEO of casino company Penn National Gaming, said the industry’s relations with the government had become even more important with the advent of sports betting. A bill seeking federal sports betting control is now in the Senate.

Wilmott said that during his tenure and that of his previous chairman, the profile of AGA membership had changed and it had broadened as a result of work headed by CEO Bill Miller and his predecessor.

He was speaking to members at the conclusion of the 2019 G2E trade show that had attracted 30,000 gaming professionals to Las Vegas.

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Industry News

Italy to Hike Tax on iGaming Industry

Niji Narayan

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Italy to Hike Tax on iGaming Industry
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The Italian government has sent its 2020 budget plan to the European Commission for approval. The draft sent to Brussels includes plans to raise €650 in new annual revenue from the gaming industry.

The budget calls for tax hikes on revenue derived from both amusement with prizes (AWP) and video lottery terminals (VLT). As of February 10, 2020, the AWP tax rate will go from 21.6% to 23%, while the VLT rate will rise from 7.9% to 9%.

The government is also seeking a raft of new measures to reduce illegal gambling activity, including a central registry for all gambling licensees overseen by the Agenzia delle Dogane e dei Monopoli (ADM) regulatory body, as well as new penalties of up to €1.3m (per infraction) for local financial institutions who process payments on behalf of operators not holding an Italian license.

The government wants to use undercover agents to monitor gambling operators for signs of tax evasion or allowing individuals under 18 years of age to access gambling products.

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Conferences in Europe

Willem van Oort (Founder of Gaming in Holland – Gaming in Spain) to give gambling industry briefings in two panel discussions at EGC2019 Milan

Zoltan Tundik

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Veteran gaming consultant, active in the iGaming industry since 2005 to present insider information about Netherlands and Spain at EGC Milan 2019!

 

It has been reported earlier this year, that in the Netherlands, a total of 125 companies have told the country’s gambling regulator that they are interested to obtain the online gambling license, once it becomes legal in 2021.

Two-thirds of the requests come from outside the Netherlands and include big names such as Bwin, Unibet, and Pokerstars.

Earlier this year, the Senate voted to open up the market to other companies. Holland Casino is the only state-regulated gambling establishment in the Netherlands.

The new law is restrictive and contains a number of elements to try to combat addiction. Players have to register and state their limits and will be periodically reminded of the risk of addiction on screen.

The gambling firms will also have to appoint an addiction expert and pay gambling taxes of 29%, which is one of the highest in Europe.

Without any doubt, the Netherlands will be among the most interesting subjects in the second edition of the European Gaming Congress (EGC) which will take place on the 8th of November at Radisson Blu Hotel Milan.

Willem van Oort (Founder of Gaming in Holland / Gaming in Spain) will bring the key information about the Netherlands in the “Benelux Market Update” panel discussion where he will join Marko Jankovic (Head Of Business Development at G-Core Labs S.A.).

Given the extensive experience Willem has across multiple markets, we have also invited him to join “Highlights from Southwest Europe (Spain, Portugal)” compliance panel discussion, and as the founder of Gaming in Spain to talk about the inside information he has on the Spanish jurisdiction.

You can register here or view the agenda here!

Willem van Oort is a gaming consultant, active in the iGaming industry since 2005. He services international companies for market access, marketing and strategic business matters for Spain and the Netherlands.

Willem is also the founder of Gaming in Holland / Gaming in Spain, which are business communities for the iGaming sector, servicing its members with Newsletters, Magazines, and Events. On November 21-22 the next edition of the Spain event will take place in Madrid at the Bernabeu Stadium.

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in Europe via the EGC platform every year.

Register here!

Browse the official event website here:  www.europeangamingcongress.com

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