Tag Archives: netherlands

KSA warns affiliates to follow KOA advertising rules 

Rene Jansen KSA

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 sharpens proprietary focus to counter post-covid global realities 

SBC News 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 …

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KSA maintains ZEbetting as Dutch racing’s totaliser monopoly

SBC News 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 …

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

flutter

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

SBC News 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, …

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LeoVegas to broaden new market horizons to counter Euro drags  

Gustaf Hagman, LeoVegas CEO

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 …

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

SBC News 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 …

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Kindred clears Q4 turbulence to deliver record profits

SBC News Kindred clears Q4 turbulence to deliver record profits

Kindred Group Plc has navigated the significant headwinds of a tough fourth quarter trading period to deliver investors what it cited as ‘its strongest year to date’.  Publishing its unaudited 2021 results, the firm has registered full-year corporate revenues of £1.259bn, up 11% on corresponding FY2020 results of £1.130bn. 2021 headline performance was maintained despite significant events impacting Kindred’s year-end …

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KSA warns consumers of inbound blackout of unlicensed websites  

Rene Jansen KSA

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 …

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SBC Spotlight: Jesper Søgaard – “Better Collective stronger on all fronts following 2021 diversification”

Better Collective CEO Jesper Søgaard

Speaking to SBC, Better Collective CEO and Co-Founder Jesper Søgaard looks back at an eventful 2021 that transformed the Stockholm-listed firm’s global outlook by diversifying its business units beyond affiliate publishing… Overall, I think 2021 was a great year in spite of the fact that most of the world was still affected by the impact of COVID-19. However, the pandemic …

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