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Update on gambling legislation for the Netherlands, Sweden, Portugal and Germany

Discussion in 'Online Casinos' started by MightyDuck, Mar 12, 2016.

    Mar 12, 2016
  1. MightyDuck

    MightyDuck Experienced Member

    electrical engineer
    I went through the quarterly report from betsson AB for Q4/2015 and found some information about gambling legislation for some key markets in Europe. I'm particularly happy about the development in Germany where a grey market is the status quo for too many years now and proper legislation is really needed.

    The Netherlands
     The proposed new Dutch legislation is still in the second
    chamber in the parliament waiting to be processed
     A political deal have been made between the ruling coalition
    partners to set both online and offline net tax of 29%
     A debate and vote in parliament is expected in March/April
    and, if passed, the senate will discuss and vote on the law in
    Q3/Q4 2016
     Too early to speculate the outcome. The construction of the
    law might also be legally challenged if passed
     If passed, implementation is estimated Q2 2017

    Sweden – Timetable for new regulation
     Legislative process has been initiated and chairperson
    have been appointed
     Law proposal planned for Dec 2017
     Start of new legislation planned for 1 July 2018

    Portugal – Timetable for new regulation
     Betsson is preparing for the upcoming licensing process
     Licenses to be issued during 2016 but still considerable
    difficulties regarding the licencing requirements and

     Existing legislation is constantly being questioned by the
    European Commission and by local politicians.
     A new ECJ judgement from this week (Ince, C 336/14), has
    confirmed such criticism and firmly ruled that the German
    sport betting regulation is contrary to EU Law.
     Politicians and regions are split on the issue but more and
    more support a licensing model. Supported by the INCE case
    the development towards a licensing model will accelerate.
     We believe that a licensing model is likely to prevail in the
    long run and we are taking steps to be ready to apply for a
    license when such opportunity opens up.

    source: xttp://files.shareholder.com/downloads/AMDA-1D21B7/1685583259x0x873578/404813EB-134C-46AE-9F90-EEE609F8CD0B/Presentation_of_Q4_2015.pdf
    15 people like this.

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