Tag Archives: netherlands

New Dutch gambling minister positive of initial KOA safeguards

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 …

Read More »

Kindred launches Unibet in the Netherlands following KSA licence approval

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 …

Read More »

Spain’s Ministry of Consumer Affairs to propose comprehensive loot box law

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 …

Read More »

KSA warns affiliates to follow KOA advertising rules 

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 …

Read More »

Kindred sharpens proprietary focus to counter post-covid global realities 

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 …

Read More »

KSA maintains ZEbetting as Dutch racing’s totaliser monopoly

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 …

Read More »

Flutter bears £288m loss as FY2021 stumbles on Stars M&A impairment

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, …

Read More »

SBC Leaders: Niels Onkenhout – ‘KOA playfield is yet to be settled’

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 »

LeoVegas to broaden new market horizons to counter Euro drags  

LeoVegas AB has posted stagnant financial results, with corporate performance dogged by market exposures to changed regulatory conditions within the Netherlands and Germany. Publishing its Q4 trading statement, the firm saw its period like-for-like corporate revenues maintained at €98 million. The Stockholm-listed operator informed investors that “excluding Germany and the Netherlands”, period revenues would have increased by 26%. Q4 adjusted …

Read More »

Kambi clears Q4 peak comparatives to deliver 93% FY profit growth 

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 »