Tag Archives: European Union

GVC exits ‘unworkable’ Czech Republic market

FTSE-listed online gambling group GVC Holdings will not pursue operator licensing for the regulated Czech Republic online gambling market. Sending a communication to Czech affiliates and media partners, the operator has stated that following a review of market conditions it has concluded that current gaming laws are ‘incompatible with the principles of the European Union’. The operator had previously withdrawn …

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NEIN! EC states the German amended betting treaty is unfit for business purpose

Hopes of progressing Germany’s licensed sports betting agenda have been further dashed by the European Commission, who have dismissed new legislation presented in the ‘Second State Treaty’ as a ‘non-viable solution’.   Pressured by industry stakeholders and sporting bodies, German officials rushed to present new amendments to the EU last October, with the purpose of amending the national gambling framework …

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Integrity Matters…BetStars joins ESSA membership body

International betting integrity body ESSA has been boosted by the addition of Amaya Inc online betting subsidiary BetStars to its increasing roster of members. The inclusion of BetStars, takes ESSA’s current membership to 25 regulated betting operators covering many of the leading international brands. Joining the programme, BetStars will work ESSA partners to help combat match-fixing cases and sports integrity …

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Pinnacle exits Polish sports betting market

Curacao and Malta-licensed online sportsbook Pinnacle has confirmed that it has withdrawn its betting services from the Polish market. The bookmaker updated its customer base on the market withdrawal stating that it wished to comply with new Polish gambling laws approved in December 2016. As a result of its decision, Pinnacle will move to make all Polish registered accounts inactive …

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Germany proposes new gambling treaty amendments to EU officials

German government officials appear intent on amending the country’s controversial sports betting regulatory provisions, notifying European Union courts of wholesale changes to its ‘State Treaty on Games of Chance’. Pressed by industry stakeholders and sports bodies, German regulators have drafted a ‘Second State Treaty’ with the purpose of amending current gambling regulations. Notifying EU officials, the proposed treaty aims to …

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Voranzutreiben…German states to work on cohesive online gambling framework

German lawmakers appear to have reached an interstate agreement on the creation of a new national gambling framework which will abide with European Union business and competition laws. Last Friday, at its annual ministerial conference in Warnemünde, a press release was published detailing that Germany’s 16 states would work towards a treaty for gambling focusing on effective online gambling/sports betting …

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Casinos Austria shareholders planning legal action

Reuters is reporting that a group of Czech investors is to take action against Austria’s Finance Ministry after failing to increase its ownership of gaming operator Casinos Austria. The investors already own 11.3% through a joint venture called Austrian Gaming Holding (AGH) and believed that this shareholding provided them with first refusal on any future sale of stock. AGH is …

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Minister Shekarabi considers revamp of Sweden’s gambling framework

Ardaland Shekarabi Sweden’s Minister of Public Administration is said to be considering leading the introduction of new national gambling framework, which will include provisions for regulating online gambling and sports betting. Shekarabi has previously urged for a government review of Sweden’s gambling framework, in order to modernise its policies amid changing European regulations and new technology advancements. Swedish news sources …

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David Clifton – Licensing Expert – CJEU to rule on EU law issues raised by GBGA challenge to POC tax

Gambling industry legal expert David Clifton (Clifton Davies Consultancy), examines the GBGA’s tax and competition based challenge against the UK POC regime, as the case reaches the higher courts of European Union Law.    The Gibraltar Betting and Gaming Association (GBGA) has been celebrating what must by any account be regarded as an intermediate victory in its judicial challenge to the …

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EU publishes 4th Anti-Money Laundering Directive

The European Union 4th Anti-Money Laundering Directive has been officially published in the European Journal. The scope of the 4th Directive is wider than its predecessor and covers all gambling services, it will review and revamp the UK Money Laundering Regulations which were established 2007. The 4th Directive will, however, allow Member States to exempt sectors on the basis of proven low risk posed by the …

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