Gambling Clear News
Javier Silvania, Curaçao’s Minister of Finance has outlined the benefits of the country’s incoming gambling legislation, describing the National Ordinance for Games of Chance (LOK) as a “safety net” preventing grey-listing. The National Ordinance for Games of Chance (LOK) will revolutionise how gambling is conducted in Curaçao. In preparation for the LOK, the island’s Gaming
The Dutch government plans to submit new rules to improve addiction prevention early next year after admitting the current system is flawed. Franc Weerwind, the Minister for Legal Protection, said recent data published by the Dutch regulator indicated a need for change. A KSA report into the duty of care from online licensees revealed players
German regulator Gemeinsame Glücksspielbehörde der Länder (GGL) has fined Red Rhino €50,000 (£42,856/$53,337) for offering online gambling in the country without a licence. Red Rhino had withdrawn its German-facing platincasino.de website but players could still gamble on its platincasino.com site. The operator does not hold a licence in Germany, nor does it appear on the
The Netherlands’ regulator Kansspelautoriteit (KSA) issued notices to Betent and PlayNorth Limited for violating aspects of the Money Laundering and Terrorism Financing Prevention Act (Wwft). This is the first time KSA has published sanctions related to the Wwft. KSA announced investigations into Betent and Play North Limited on 3 May 2022. As part of the
Online gambling software provider Bragg Gaming Group has secured a B2B remote gambling licence in Gibraltar. The permit will allow Bragg to work with locally licensed operators in the British overseas territory. Entain, 888, William Hill and Bet365 are among the brands that hold licences in Gibraltar. Bragg said the new licence forms part of
Curaçao’s Gaming Control Board (GCB) has opened the application process for operators wishing to receive new online gambling licences from the regulator. From today (1 September), operators can access licence application forms from the GCB’s new online portal, which also provides information on the licensing process. Downloads and guidance notes are also available. Submissions of
Online sports betting and casino operator Dazn Bet has been authorised to offer sports betting in Germany. Dazn Bet is owned by sports media streaming service Dazn. It was first formed in April 2022, as part of a partnership with Pragmatic Gaming. It was added to the sports betting section of Germany’s white list. The
Entain CEE is set to close the acquisition of STS on 24 August after its offer was accepted by investors holding 99.3% of the operator’s share capital. Entain CEE’s tender offer, announced in June, sees the joint venture pay PLN24.80 per STS share for an equity value of £750m, and an enterprise value of approximately
Operator SFP Online has secured an online gambling licence from the Comissão de Jogos do Turismo de Portugal. The licence will enable SFP to roll out its Casino Portugal online sportsbook and casino in the country. The permit covers internet sports betting as well as online slots, blackjack, baccarat and a number of roulette formats.
German-facing sports betting and igaming operator Bet-at-home.com announced the business’ cost-cutting measures has tripled the company’s EBITDA, despite an overall decline in revenue. Bet-at-home’s gross gambling revenue stood at €24.2m in H1 2023. This was a 9.3% fall from the €26.7m the business achieved in the same period the previous year. The FL Entertainment-owned company
