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Rob van der Gaast Gaming Guru - Page 4Eye on Europe - 5 July 20075 July 2007
In This Industry: Always Two Winners! -- Some weeks ago, the EFTA Court dealt with a case initiated by Ladbrokes, which is currently pending before the Oslo District Court.
By its action, Ladbrokes essentially challenges the Norwegian regulation of the entire gambling and betting sector, namely: (1) the ... (read more)
Prospects for Intralot in Turkey3 July 2007
Greece-based Intralot's 45 percent-controlled Turkish unit, Inteltek, has had the management fee for its one-year sports betting contract reduced from 12 percent of sales to 7 percent. The news was broken Friday by Greek financial publication Reporter.
Inteltek was established April 6, 2001 to explore business opportunities in the gaming sector in Turkey. ... (read more)
Germany: What a Week20 June 2007
In Germany there is a continuous flow of gambling-related information. No day passes without new developments--legal or otherwise.
Last week kicked off with a decision by the Higher Regional Court of Düsseldorf, which rejected the lottery companies' appeal against the Federal Competition Authority's (FCA) August 2006 ruling. ... (read more)
Q & A: Rainer Jacken14 June 2007
German operator Fluxx AG, founded 1998, is a service provider for lottery companies and racecourses, and serves as a consultancy partner for major Internet players such as AOL, Yahoo! and Lycos. It also supplies gaming platforms such as jaxx.com and myBet.com. This year the company has, with regard to M&A ... (read more)
Money Laundering Directive Not only for Casinos12 June 2007
Scheduled to come into force in December 2007, the third European Money Laundering Directive mentions that casinos will be a regulated sector, although all other sectors of the gambling industry will be affected as well.
The main purpose of the new directive is to bring European legislation in line with ... (read more)
Eye on Europe - 29 May 200729 May 2007
Appointed -- At Friday's AGM for Casinos Austria AG, in Vienna, it was confirmed that director general Leo Wallner has taken up his new role as vice president of the supervisory board. Karl Stoss will succeed him as director general, retroactive May 8, 2007. Wallner has helmed the company since 1968, turning ... (read more)
Navigating the Road to Privatization23 May 2007
With their eye on the prize, U.S. state governments are exploring the privatization of their lotteries, but do they really know what they're in for?
Indiana Gov. Mitch Daniels initiated the wave of lottery privatization in the United States. After the temporary postponement of his state's Hoosier Lottery, ... (read more)
Eye on Europe - 21 May 200721 May 2007
Partial Blocking In Germany Not Allowed -- The Bavarian administrative court (BayVGH) decided in a provisional procedure that, in the federal state of Bavaria, Internet sports betting may be offered. Martin Arendts, a lawyer specializing in gambling, told IGN that the case was "not brought by bwin Interactive Entertainment AGM, as some journalists mentioned," but by bwin e.K. ... (read more)
Eye on Europe - 17 May 200717 May 2007
Hungary, Part 1 -- I received an e-mail from Mark Balestra, the editor and co-creator of Interactive Gaming News, asking if I could write about Hungary's plans to expand into the online casino market. Since Mark reigns with an iron fist, I immediately started to read up on this, but I quickly learned that media reports on these developments were erroneous. ... (read more)
Not Quite Three Strikes for Ladbrokes10 May 2007
Ladbrokes bit the Finnish dust again when it heard Tuesday the verdict of the Supreme Administrative Court (KHO) in Helsinki.
Finland has a gambling monopoly, and the state-owned national lottery and gaming company, Veikkaus Ab, holds the only license.
According to the 2002 Act on Gaming, only one ... (read more)
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