The Dutch Government has launched a consultation seeking feedback on the proposed regulatory amendments that threaten to severely restrict the coverage of gambling advertising. This July, the Ministry of Legal Protections warned licensed operators of its intentions to sanction new laws to curtail ‘untargeted advertising’, with orders being imposed from 1 January 2023. Dutch Minister for Legal Protections, Franc Weerwind, …
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Kansspelautoriteit (KSA) – The Netherlands gambling authority has issued a cease-and-desist order to Cyprus-based online casino multi-brand operator Gammix Limited. KSA has accused Gammix of breaching KOA market rules, as the unlicensed operator is deemed to have offered ‘illegal online games of chance’ to Dutch consumers. Gammix that operates a portfolio of 15 online casino brands including Rigged.com, Zinkra, Touch …
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New Dutch Justice Minister, Franc Weerwind has cited caution in how the government should approach its next phase of gambling reforms, in light of the KOA Regime launching last October regulating the Netherlands online gambling marketplace. Weerwind is charged with overseeing Dutch gambling’s regulatory policy, having replaced former incumbent Sander Dekker at the start of the year, following a senior …
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Kindred Group has lauded its Dutch licence approval from Kansspelautoriteit (KSA) – the Netherlands Gambling Authority – as an ‘important part’ of the firm’s strategy to operate in locally licensed markets. As part of its gambling licence approval, Kindred will launch its flagship brand Unibet (Unibet.nl) into the Netherland’s regulated market. Anne-Jaap Snijders, Chief Commercial Officer, Kindred Group, stated: “We …
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Alberto Garzon, Spain’s Minister of Consumer Affairs, has vowed that Spain will become the first European country to have a ‘specific law’ to govern loot box and video game incentives. The measure was declared at a video games seminar hosted by the Ministry of Consumer Affairs, which since 2020 has led the federal overhaul of Spain gambling laws. Garzon declared …
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Dutch gambling regulator Kansspelautoriteit (KSA) has written to ‘more than 50 affiliates’ warning them that KOA online gambling laws must be applied to their advertising activities. The warning follows an investigation by KSA of affiliates used by licensed KOA operators to promote their online gambling services. The regulator notified affiliates that all campaigns targeting Dutch consumers must follow KOA regime …
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Kindred Group Plc remains optimistic of its long-term prospects, as short-term European market headwinds have ‘applied temporary pressure to its headline revenue and profits’. Publishing its Q1 trading statement (unaudited period ending 31 March), Kindred registered corporate revenues of £247 million, down 31% on corresponding 2021 results of £352 million. A tough opening to 2022 trading saw Stockholm-listed online gambling …
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Kansspelautoriteit (KSA), the Netherlands gambling authority, has announced that ZEbetting & Gaming Nederland BV has been retained as the operating company of Dutch horseracing’s totalizer contract. Last Autumn, KSA launched a tender for its totaliser contract that was due to expire on 30 June 2022. Updating stakeholders, KSA informed that ZEbetting’s monopoly licence had been extended for a further five …
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Flutter Entertainment Plc maintains confidence in expanding its leadership position across all global markets, despite declaring full-year operating losses of £288 million. The FTSE100 betting group detailed that its full year group revenue increased by 37% to £6.04 billion (2020: £4.4bn), although group EBITDA declined by 6% to £723 million from the previous year’s figure of £772 million. In particular, …
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Niels Onkenhout, Chief Executive of Nederlandse Loterij – the Netherlands state lottery – has stated that the legislative journey of the KOA Regime is nowhere near complete. Speaking to Kelly Kehn, host of the SBC Leaders podcast, Onkenhout avowed that Dutch online gambling faces a critical period as to how the market will be reshaped by upcoming judgements. Of significance, …
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