Compliance Updates
Newstip Postponement Dutch Regulations
The Dutch Remote Gambling Act is expected to come into effect on 1 March 2021 in stead of the previous target date 1 January 2021. In June Minister for Justice and Security Sander Dekker already confirmed a possible postponement due to the COVID-19 pandemic with a couple of months. A letter from Minister Dekker of Justice and Security to the House of Representatives confirmes the delay of the target date for the Dutch Remote Gambling Act with two months.
Letter from Minister Dekker (Justice and Security)
The Dutch website BlackjackSpelregels.com discovered a letter from Minister Dekker of Justice and Security to the House of Representatives. In it, the Minister discusses the implementation of a number of motions but also the delay in target date of the Remote Gambling Act. In the last few months the Minister spoke with representatives of the Dutch Kansspelautoriteit, Minister of Health, Wellbeing en Sports, Addiction treatment and landbased operators. Most parties favor a quick opening of the Dutch gambling marketing, but landbased operators were hit hard bij de COVID-19 pandemic and had to close for three and a half months. They argue their preparations for the online part of their businesses we’re halted by the lockdown and expect not to be in time for the license application on 1 January 2021. Therefore the intended date of entry into force of the law has now been moved from 1 January 2021 to 1 March 2021. This is another delay as the Remote Gambling Act was postponed multiple times before and the last delay was for six months.
Also two months delay for openingdate Dutch market
On 19 February 2019 the Senate approved the Draf Bill on Remote Gambling. As a result, it will become possible to apply for a licence in the Netherlands for the purpose of offering online gambling. It is currently still illegal to offer such games. From 1 March 2021 interested parties can apply for a gambling licence and licence applications will be processed within six months. The Dutch online gambling and betting market will open half a year later. Therefore the expected opening date is also delayed by two months from 1 July 2021 to 1 September 2021.
Extension of cooling off period
With the postponement of the target dat form the Remote Gambling Act the Minister also decided the cooling-off period will be postponed with the same period of two months. The cooling-off period already was extended by two years and six months due to the previous delay. With the new delay de cooling off periode thus covers two years and eight months.
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Compliance Updates
Turkish Football Federation Suspends 149 Referees and Assistants After Betting Probe
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The Turkish Football Federation (TFF) has suspended 149 referees and assistant referees after an investigation found hundreds of professional match officials in the country had betting accounts.
Bans ranging from eight to 12 months, based on the severity of the act, have been imposed for involvement in betting activity, with investigations into three other officials still ongoing.
The full list of the penalised officials was published on the TFF website.
Last week, it was revealed a five-year probe had found 371 of 571 match officials have betting accounts, with 152 of those actively gambling.
While some had only bet once, 42 had bet on more than 1000 football matches – with one official found to have placed 18,227 bets.
Like players and coaches, match officials are forbidden from participating in betting activities by TFF disciplinary regulations, as well as those of world governing body Fifa and European governing body Uefa.
“There is a moral crisis in Turkish football. There is no such thing as structure. The fundamental problem at the core of Turkish football is an ethical one,” TFF president Ibrahim Haciosmanoglu said.
“Ask any referee, if there is even one who has not received his pay, I will resign as federation president. In fact, we improved their salaries last year, and again this year.”
No further details of the cases or ongoing investigations were provided.
After the investigation’s findings were announced, a number of Turkey’s top clubs responded.
Besiktas said it “could mark a new beginning for clean football” while Trabzonspor called the development “an historic opportunity to rebuild justice in Turkish football”.
Fenerbahce president Sadettin Saran said: “This is both shocking and deeply saddening for Turkish football.
“But the fact that it is coming to light is a hopeful development.”
The post Turkish Football Federation Suspends 149 Referees and Assistants After Betting Probe appeared first on European Gaming Industry News.
Compliance Updates
UKGC Suspends Operating Licence of VGC Leeds Limited
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The UK Gambling Commission has suspended the operating licence of VGC Leeds Limited as it carries out a review under section 116 of the Gambling Act 2005.
The review and consequent suspension follow concerns that activities may have been carried out contrary to the Act, not in accordance with conditions of their licence and that the Licensee may be unsuitable to carry on the licensed activities.
During a recent Compliance Assessment, VGC Leeds Limited are reasonably believed to have failed to maintain and implement effective anti-money laundering policies, procedures and controls, as required under the conditions of their licence.
In addition, serious concerns were identified regarding the adequacy of decision-making processes and the Licensee’s response to identified anti-money laundering and counter-terrorist financing risks, raising questions about the overall effectiveness of its governance and risk management arrangements.
These failings are considered significant and represent a serious threat to the licensing objectives, in particular keeping crime out of gambling.
“We have made it clear to the operator that during the suspension, we expect it to focus on treating consumers fairly and keeping them fully informed of any developments which impact them,” UKGC said.
The suspension takes place immediately.
The post UKGC Suspends Operating Licence of VGC Leeds Limited appeared first on European Gaming Industry News.
Compliance Updates
Romania Bans Polymarket Over Illegal Cryptocurrency Betting Activities
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Romania’s National Office for Gambling (ONJN) has officially blacklisted Polymarket, a prominent prediction market that allows users to bet on future events, citing its operation as an unlicensed gambling platform. The decision comes amid heightened concerns over crypto-based betting during recent election cycles, where Polymarket reportedly saw trading volumes surpassing $600 million.
ONJN asserts that Polymarket’s “counterpart betting” model – where users wager against each other on future outcomes – falls squarely within the scope of Romanian gambling regulations. The regulator clarified that regardless of whether bets are placed using fiat currency or cryptocurrencies, they are legal gambling activities that require appropriate licensing. ONJN President Vlad-Cristian Soare emphasised that the issue is about compliance with the law, not technology, stating, “It’s about the law, not the platform’s blockchain foundation.”
Although Polymarket promotes itself as an “event trading” platform, ONJN concluded that its operational structure – where users place bets on the outcomes of unpredictable events and the platform earns commissions – meets the legal criteria of gambling. Consequently, Romanian internet providers are now mandated to block access to the platform.
The post Romania Bans Polymarket Over Illegal Cryptocurrency Betting Activities appeared first on European Gaming Industry News.
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