Posts Tagged ‘Europe’

One in six London managers spend £500+ a month on gambling

Thursday, December 1st, 2011

UK - As the UK’s largest casino opens at Westfield Stratford City today LondonlovesBusiness.com can reveal that one in six London managers spends at least £500 a month on gambling. Our exclusive survey of 500 London mid-managers reveals that gambling is still very much a part of the capital’s social fabric. One in 14 managers visits [...]

UK Online Gambling Law Updates

Thursday, December 1st, 2011

UK - The UK Treasury is expected to complete its review of the £1.7 billion British online gambling market early in December. Experts are of the view that the recommendation of a secondary licensing fee on offshore remote gaming companies operating in the British market is on the cards. Last week the discussions arranged by Member [...]

Betfair attacks German gambling shake-up

Thursday, December 1st, 2011

EUROPE - The fight for access to Germany’s gambling market has intensified after Betfair complained to the European Commission against draft legislation that is supposed to open up the gaming sector in Europe’s largest economy. Liberalisation plans drawn up by most of Germany’s regional governments do not go far enough and still aim to shelter local [...]

Gambling Bodies File Complaint Against Greece

Thursday, December 1st, 2011

EUROPE - Greek’s gambling laws have long been considered unfriendly to foreign companies, and newly adopted online gambling legislation seems to have sealed the nail in the coffin of non-Greek companies attempting to compete in the market. This week, two online gaming groups, the European Gaming and Betting Association (EGBA) and the Remote Gaming Association (RGA), [...]

Austerity hits gambling at OPAP

Monday, November 21st, 2011

GREECE -  Austerity-hit Greeks spurned gambling as their economy nosedived over the summer, punching a hole in quarterly profit at OPAP, Europe’s biggest betting company. Unlike some recession-hit countries where more people turn to lotteries as their last hope for quick cash, Greeks have been gambling less after being hit with wage cuts and tax [...]

Spanish charity fears liberalisation of online gambling

Tuesday, November 15th, 2011

EUROPE - The European Commission opened a legal, political and cultural can of worms when earlier this year it said it would take a closer look at the murky waters of online gambling in the EU. The announcement sparked a flurry of interest around the EU, not least from a Spanish charity for the blind which [...]

Online gambling: EU Institutions must de-couple funding and integrity

Tuesday, November 15th, 2011

EUROPE – The European Parliament’s Committee on the Internal Market and Consumer Protection (IMCO) may appear at odds with the European Commission on the subject of online gambling, but there is still time to engineer a conclusion from its deliberations on the forthcoming vote that could benefit European consumers, sports and businesses alike says Khalid [...]

EU Approves Lower Taxes for Danish Online Gambling Licensees

Monday, November 7th, 2011

EUROPE – After investigating a response to a complaint regarding new Danish online gambling tax laws, EU regulators have given approval for the country to go-ahead and promulgate the law. The complaint was from land gambling operators as the tax laws applied on online gaming were far lower than in the land industry. The industry [...]

Gambling groups question German online gambling reforms

Sunday, October 30th, 2011

EUROPE - Online gambling companies have signalled they could take fresh legal action against what they say is an over-cautious opening of the German gambling market, agreed by the federal states last week. “The majority of the EU Commission’s concerns appear to have been ignored by the 15 states and we therefore expect more legal wrangling [...]

Swedish gambling addicts ‘not getting enough help’

Monday, October 24th, 2011

SWEDEN - Swedish health authorities have criticised the lack of help available in Sweden for gambling addiction, with many municipalities providing no resources at all to deal with the problem. At least 50 municipalities provide no treatment at all for compulsive gamblers according to Sweden’s National Institute for Public Health. The Local.