Kansspelautoriteit (KSA), the Netherlands gambling authority, has confirmed that its ‘Cooling-Off’ command will expire as of Friday 1 April 2022. The Cooling-Off command was enforced by KSA as a pre-licensing condition to safeguard the launch of the KOA Regime on October 1 2021, which saw the Netherlands establish its regulated online gambling marketplace. Spanning a period of two years and …
Read More »
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, …
Read More »
Kambi Group Plc has praised its diverse market make-up for helping the sportsbook systems provider maintain year-on-year growth, irrespective of pandemic circumstances impacting its commercial pipeline. Publishing its Q4 trading update, Kambi registered corporate revenues of €35 million, down 26% on corresponding 2020 results of €47 million. Q4 trading was matched against record-breaking 2020 comparatives for sportsbook clients. Performance was …
Read More »
Kansspelautoriteit (KSA) the Netherlands gambling authority has issued a ‘consumer warning’ that soon illegal/unlicensed websites will no longer be available to access. The warning comes as KSA steps up its enforcement against illegal operators to safeguard Dutch gambling’s ‘legal offer’ provided under the ‘Play Safe’ mandate of the KOA Regime. Having launched the KOA Regime on 1 October, KSA swiftly …
Read More »
Regulus Partners warns that early 2022 regulatory developments have set a dangerous precedent on the future of gambling advertising. Despite visible flaws across multiple jurisdictions, operators should defend their right to advertise rather than face the dire consequences of caving into regulatory appeasement… The New Year has opened with a number of threatened or delivered changes to gambling advertising. Gambling …
Read More »
Dutch KOA licensed online gambling operators have been ordered to adopt the new safer gambling tagline of – “What does gambling cost you? Stop on time. +18”. Kansspelautoriteit (KSA), the Netherlands gambling regulator, has informed licensed betting firms that the tagline must be visible across all websites, advertising and marketing campaigns as of 1 April 2022 (the deadline for enforcement). …
Read More »
Kansspelautoriteit (KSA) – the Netherlands gambling authority – has granted an online gambling licence to JOI Gaming Limited, which will become the 11th licensed incumbent of the KOA Regime. JOI Gaming serves as the online gambling unit of JVH Gaming & Entertainment Group – the operator of 85 land-based Jack’s, Flamingo and Flash casino properties across the Netherlands. The KOA …
Read More »
Kansspelautoriteit (KSA) has stated that it is closely monitoring 25 unlicensed online gambling operators to ensure that they are not engaging with Dutch consumers. The Netherlands Gambling Authority underlined that it had taken a new enforcement approach following October’s launch of the KOA Regime – bringing the Netherlands regulated online gambling marketplace into force. On 1 November, KSA announced that …
Read More »
Kindred Group Plc maintains growth across all metrics, despite its sportsbook unit trading against post-EURO and COVID-19 ‘normalisation effects’. Publishing its Q3 trading statement (period ending 30 September), Kindred registered group revenues of £298 million up 6% on corresponding 2020 results of £281 million. Revenue growth was attributed to the continued expansion of Kindred’s casino portfolio, which generated period gross …
Read More »
Kindred Group has confirmed that it will temporarily cease its Dutch market activities choosing to abide with the KOA regime’s new ‘cooling-off’ command as its business awaits licensing approval. The Stockholm-listed operator was not featured amongst the 10 operators granted licences by regulator Kansspelautoriteit (KSA), launching the Netherlands KOA regime this morning. Kindred accepted the decision but urged KSA to …
Read More »
SBC News Voice of the Sports Betting Industry