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No Online Poker in Latest Round of Licenses in Schleswig-Holstein, Nick Jones Pokerfuse

No Online Poker in Latest Round of Licenses in Schleswig-Holstein, Nick Jones Pokerfuse | Poker & eGaming News | Scoop.it

Five more licenses to operate online sports betting in the German state of Schleswig-Holstein were issued on Tuesday, with recipients Ladbrokes and 888 among the new additions.

The Home Office will continue processing applications, with now over 40 operators under consideration, including 22 for “online casino games” including poker, according to yesterday’s statement.

 

However, the latest batch were all sports-betting licenses, bringing the total number of licenses issued to date to 12. Along with 888 and Ladbrokes, Cashpoint Malta Ltd and Admiral Sportwetten (recipient of two licenses) join the likes of Betfair, JAXX, Bet365 and bwin.party. All licenses are good for six years.

 

Other sources:

http://www.igamingbusiness.com/content/schleswig-holstein-issues-five-more-licences

http://www.g3newswire.com/germany-confusion-reigns-schleswig-holstein-internet-casinos/

http://gamingzion.com/gamblingnews/schleswig-holstein-issues-more-online-gambling-licenses-2904

http://www.gamblingcompliance.com/node/49869

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Schleswig-Holstein to “quickly” join Interstate Treaty, Stephen Carter at CasinoChoice

Schleswig-Holstein to “quickly” join Interstate Treaty, Stephen Carter at CasinoChoice | Poker & eGaming News | Scoop.it

The breakaway German federal state of Schleswig-Holstein is to abolish its own gambling law and join the new Interstate Gambling Treaty recently ratified by the other 15 Länder, it confirmed Tuesday.

 

Germany’s northernmost state recently issued seven online sports betting licences to companies including bet365, Betfair and bwin under the Gambling Act passed by the previous government. However, the new SPD-led Cabinet announced in Kiel this week that Schleswig-Holstein (SH) would join the restrictive new common gambling treaty that came into force on 1 July, confirming the intent first outlined in its manifesto shortly after coming to power.

 

Germany’s new Interstate Treaty replaces the state monopoly on online sports betting with the issue of up to 20 licences to private operators, came into force on 1 July, alongside a prohibitive 5% turnover tax on sports bets and a continued ban on online poker and casino.

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SPANISH: Pokerstars and 888 dominates Spanish cash games, Pokerfuse

SPANISH: Pokerstars and 888 dominates Spanish cash games, Pokerfuse | Poker & eGaming News | Scoop.it

According to a small preliminary study:

- Pokerstars; 67%

- 888: 25%

- PartyPoker: 5%

- Bet365/iPoker: 3%

- Paf/Ongame: 0%

- LBapuestas/Microgaming: 0%

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Netherlands moves towards Danish regulatory model, Gaming Intelligence

Plans to introduce a licensing regime for online gaming operators in the Netherlands are slowly taking shape, with the Danish system appearing the more likely model to follow after the Justice Ministry concedes that the Belgian model could prove vulnerable under EU law.

 

In September 2011, Boston Consulting Group issued a report at the request of Teeven, outlining two possible scenarios for a regulated market. The first follows the Belgian model of issuing a limited number of licenses to land-based gaming operators who would also offer games online, while the second follows the more open model employed in Denmark and the German state of Schleswig-Holstein.

 

“In the first place, a restriction on the number of operators is unnecessary from the point of view of consumer protection and prevention of gambling addiction,” states Teeven. “By imposing strict requirements, at least the same level of protection can be attained. The location of servers in our country is also not necessary in order to facilitate strict monitoring.”

 

Operators no longer offering their sites in Dutch include bwin.party, Betfair, Bet365 and Ladbrokes, while many more continue to offer gaming in Dutch.

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The Growth of Online Gambling, PokerSites

The Growth of Online Gambling, PokerSites | Poker & eGaming News | Scoop.it

The Growth of Online Gambling Infographic - Examining the huge growth of online gambling and poker in the UK and United States of America.

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UK Online Market Tops £1.71bn - £242m in taxes, Scott Longley, GamblingCompliance

UK Online Market Tops £1.71bn - £242m in taxes, Scott Longley, GamblingCompliance | Poker & eGaming News | Scoop.it

The UK government can expect to generate up to £242m in revenues from the introduction of its planned point of consumption (POC) tax, according to the results of a new report from GamblingData.


In detailing the UK online gambling market to be worth £1.71bn in net gaming revenue (NGR), GamblingData suggests that between 5.25-7.25 percent of the market would end up avoiding the tax at the proposed 15 percent rate.

 

Other sources:

http://www.gamblingcompliance.com/node/49599

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Online Poker in Spain: Who's In? Pokerfuse

Online Poker in Spain: Who's In? Pokerfuse | Poker & eGaming News | Scoop.it

Since December, we have seen various operators bowing out (notably Bodog, Unibet and other Microgaming skins). A last minute surprise—a demand from the Spanish tax man to pay four year’s of back-taxes—has raised questions as to which poker rooms will be getting licenses in a few days’ time.

 

Still no official list has been published, but given recent statements from various operators we have a good idea of who has their fingers crossed for a license.

 

PartyPoker: €31m in back-taxes paid.

Ongame: Betfair paid ~€10m, poker license application “shortly.”

888poker: €8.7m paid.

PokerStars

iPoker: Bet365, William Hill and Paddy Power

Microgaming: Ladbrokes and StanJames.

Boss Media/GTECH G2: Sportingbet has €17.2m paid—but sportsbook only?

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Four additional operators secure Schleswig-Holstein licence, Tom Victor and Robin Harrison EGR Magazine

Four additional operators secure Schleswig-Holstein licence, Tom Victor and Robin Harrison EGR Magazine | Poker & eGaming News | Scoop.it

Bwin.party, Bet365, Betclic Everest subsidiary bet-at-home and Malta-licensed operator Tipico have become the latest companies to receive a Schleswig-Holstein licence, allowing them to offer sports betting in the jurisdiction with immediate effect, with licences for poker and casino expected to be awarded “in due course.”

 

Less than a week before the CDU’s election failure, Betfair, mybet and Die NordwestLotto were announced as the first three operators to be granted a license in Schleswig-Holstein, and following today’s news another 24 operators are still awaiting news on their own sportsbook appilcations, with a further 17 having applied solely for poker and casino approval.

 

Other sources:

http://pokerfuse.com/news/law-and-regulation/new-schleswig-holstein-licenses-solidify-law-pave-way-online-poker-germany/

http://www.gaming-awards.com/NEWS/archives/9860

 

In 2011, the bwin.party Group generated total pro forma gross sports betting revenue of approximately €96.1m from Germany. Revenues generated under the licence will be taxed at the rate of 20% of gross gaming revenue.

http://www.bwinparty.com/Investors/FinancialNews/2012/120523%20Schleswig-Holstein%20Licence.aspx

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