May 5, 2021
The European Gaming and Betting Association (EGBA) yesterday issued a statement in which it warned officials in Germany against implementing a proposed 5.3% federal tax on all online poker and slot stakes.
The Brussels-headquartered trade group detailed that the proposition from the German Bundesrat would breach European Union laws on state aid and additionally undermine the objectives of the country’s New State Treaty on Gambling, which is set to inaugurate a completely new licensing, regulatory and taxation regime for land-based and online gaming operations.
Unplanned upshot:
EGBA moreover stated that the suggested tax could furthermore have the unintended consequence of
Norway ‘losing control of online market’ due to rejection of state monopoly Share
April 23, 2021
The prevalence of a state monopoly has led to Norway ‘losing control of its online gambling market’ according to
Maarten Haijer, Secretary General of the
European Gaming and Betting Association (EGBA).
Under the current system, Norway’s two operators –
Norsk Tipping and Norsk Rikstoto – are both state-owned, with the former responsible for lotteries and sports betting, whilst the latter holds primary authorisation for horse race wagering.
In an article posted on the official EGBA website, Haijer expressed his belief that it is ‘not surprising’ that Norweigian bettors are moving away from the state monopoly, instead looking to international operators which offer them ‘better choices and prices’ in comparison to the domestic system.
Kindred Group completes the acquisition of Blancas NV
News provided by
Share this article
VALLETTA, Malta, April 1, 2021 /PRNewswire/
Kindred Group has on 1 April 2021 completed the previously announced acquisition of 100% of the shares in Blankenberge Casino-Kursaal (Blancas) NV, which operates Casino Blankeberge in Belgium, from the Rank Group Plc.
Kindred Group entered into an agreement on 29 October 2020 to acquire 100% of the shares in Blancas NV from The Rank Group Plc. Blancas NV is the license holder and operator of Casino Blankenberge, which is one of the nine land-based casinos operating in Belgium. Blancas NV recently successfully renewed its casino licences with the Belgian Gaming Commission as well as the concession agreement with the city of Blankenberge for a 15-year period which started in January 2021.
Kindred Group completes the acquisition of Blancas NV investingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investingnews.com Daily Mail and Mail on Sunday newspapers.
European Gaming Week has introduced a new twist that will keep stakeholders networking all year long.
Large scale community maker European Gaming is offering a unique new continuous networking event for 2021.
The Event
The events are Virtual Quarterly Meetups. These meetups are designed to help keep the greater European and global iGaming community updated on fresh developments in the European Gaming Industry.
Localised
Speakers
The adapted topics of each meetup are joined by a range of industry specialists, from key industry experts; CEOs; C-Level Executives; Business Development Managers; and the occasional government official or regulator as well.
Format
The meetups offer networking opportunities through unique break-out sessions to complement round-table discussions to answer key topical issues across 2021.