New restrictions for the Netherlands gambling Market
Advertising in the Netherlands has doubled since the legalization of the online marketplace, according to a study by Nielsen. According to the study, in October and November 2020, there were 170,066 unique commercials in the country, while in the same period in 2021 there were 366,631 of them. As a result, the Netherlands decided to further restrict gambling advertising and the receipt of bonuses when playing online. Now video advertising for casinos on the Internet will be banned exactly according to the same rules as on television – from 6:00 to 21:00. If a TV channel has more than 25% of its audience of minors, then gambling advertising will be banned altogether. As for the bonuses, they will be prohibited for players between 18 and 24 years old and cannot exceed 250 euros.
Restrictions from the Netherlands for Curacao
Dutch Legal Defense Minister Sander Decker said an action plan is to be adopted this month to stop illegal gambling on the island of Curacao, which is part of the Tulip Land. According to the minister, about 12,000 illegal gambling sites have been created on the island, with 40% of the world’s unregulated gambling activity passing through Curacao. After negotiations between the two countries, it was decided that an independent regulatory body would be established on the island with the authority to grant and revoke gambling licenses, which should ensure compliance with laws and eliminate illegal business.
Another news regarding the Netherlands
One of the white label software developers – Betsoft Gaming, has signed an agreement with Holland Casino. Thanks to the agreement, Dutch players will have access to the provider’s online slots. These include 88 Frenzy Fortune, Tower of Fortuna, and Return to Paris.
ICE and IGB affiliate London postponed until spring
The ICE and IGB Affiliate London conferences, which are scheduled for February 1-3 and 2-5, 2022, respectively, have been postponed until at least spring. According to the new information, the conferences will now be held at the ExCeL London exhibition center in April. The organizers promise to announce the exact date in the coming month.
H2 Gambling Capital report for the past year
The European Gambling Association, in partnership with H2 Gambling Capital, has released a new report for the outgoing year. According to experts, the total income from gambling in Europe this year will amount to 87.2 billion euros (98.5 billion dollars), and 36.4 billion euros will come from online. The growth of online gambling in Europe is expected to accelerate due to the pandemic, and revenue from the iGaming industry will grow by 9% each year.
The full report is here.
Soft Swiss also reported for the past year
Soft Swiss (iGaming software developer) shared the results of the past year. Compared to last year, all financial results have more than doubled. The average monthly GGR was 200 million euros, up from 88 million in 2020. One of the main reasons for this growth was the company’s entry into several new markets at once, including Japan, Brazil, Argentina, India and Tunisia.
And finally, the good news about Kambi and Affinity Interactive
Kambi has signed a long-term partnership agreement with operator Affinity Interactive. This will give Affinity access to Kambi technologies such as calculating odds and collecting customer information. Another result of the cooperation will be a new online bookmaker office in Iowa state in the USA, which will be available in other states in the future.
Bitcoin – Dollar rate at 2022/01/04: