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German Sports Betting Association Calls for Revision of Draft State Gambling Treaty
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The German Sports Betting Association (Deutscher Sportwettenverband – DSWV) has urged the federal states to revise the draft State Treaty on Gaming Regulation (GlüNeuRStV).
Under the proposed regulations, the licensed market may not be sufficiently attractive to be able to successfully compete with black market offerings, DSWV President Mathias Dahms said:
“While the GlüNeuRStV is a first step towards modern, market-compliant gaming regulation in Germany, political compromises have introduced structural, undesirable elements in the GlüNeuRStV, which will challenge the success of future gaming regulations.”
In particular, the DSWV deems the proposed restrictions on live betting too restrictive as to offer an attractive alternative to unlicensed operators.
The DSWV furthermore called for transitional regulation of the online casino market to effectively ensure channelization when the regulated casino market goes live. “It would make sense to seamlessly transfer the existing offers into the new regulatory system,” Dahms said.
In related news, the DSWV also revealed that German consumers spent approximately €9.3bn on sports betting in 2019, up 21% on the previous year.
Spanish Government Announces Gambling Advertising Restrictions
Spain’s online gambling operators will only be allowed to advertise on radio or TV in a four-hour window starting at 1am under new regulations proposed by the government.
Internet ads will also face restrictions, but specifics will not be revealed until the government releases a draft of its long-awaited Royal Decree on gambling advertising.
Spanish Minister of Consumer Affairs, Alberto Garzón revealed these proposals last week in a closed-door meeting with representatives of the Spanish gaming industry.
Additionally, the government is still mulling how to address land-based gambling promotions, as well as sponsorships of sports teams.
Spain’s online gambling industry association Jdigital welcomed the willingness of the Spanish government to enter into a dialogue with the industry, but also pointed out the ineffectiveness of Italy’s gambling ad ban in reducing the number of active players.
Upcoming Events
The following events may be of interest to members of the GiH community.
- GamblingCompliance Global Regulatory Awards 2020, which celebrate excellence in compliance and responsible gambling initiatives, will be awarded on 22 April, 2020 at the De Vere Grand Connaught Rooms in Central London.
- The World Gaming Executive Summit will return to Barcelona from 30 June – 2 July, 2020. Key themes on the agenda include AI, the future of land-based gaming, CSR, sustainable marketing, regulation updates, fantasy sports, and emerging marketing opportunities.
Decision Makers Attend GiH Lunch @ICE 2020
The Gaming in Holland lunch at ICE 2020 was a great success with all (future) Dutch gaming industry decision makers attending.
While we await further developments in the run-up to the Remote Gaming Act coming into force, the GiH Lunch offered an excellent opportunity to take stock of the current state of play.
Specifically, the General Administrative Order (AMvB) that is to accompany the Remote Act, which translates primary legislation into specific regulations, is expected to be published any day now. As we announced earlier, progress is also being made on the national self-exclusion register.
While these developments are taking place, the Gaming in Holland lunch offered a very welcome occasion for all stakeholders, including the regulator, operators, and legal professionals, to exchange views and strengthen relationships.
Other News
GVC Holdings Director of Regulatory Affairs, Martin Lycka, retraces the bumpy road to Dutch gambling modernization.
Local authorities in the municipality of Arnhemraided several illegal gambling establishments.
Genius Sports CEO Mark Locke has criticized gambling suppliers’ use of models at ICE, claiming that the treatment of women during ICE week is “frankly abhorrent.”
Rising prices are hurtingMalta’s iGaming industry.
The UK Competition and Markets Authority (CMA) has confirmed it is investigating the scheduled merger of Flutter Entertainment and Stars Group.
Patrik Hofbauer, CEO of Svenska Spel, has blasted new regulatory standards aimed at preventing match-fixing as a “patchwork with very large holes in it.”
Danish regulator Spillemyndigheden has revealed that its problem gambling helpline received 722 calls during its first full year of operation, more than initially expected.
Shareholders in GVC Holdings have voted overwhelmingly to allow the company to depart the Isle of Man and return to the UK, the operator has confirmed.
Gaming equipment manufacturer Novomatic is expected to post strong results for 2019.
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Bulgaria’s parliament has approved legislation banning private lotteries while the country’s gambling regulator has issued a warning regarding its licensees’ tax obligations.
Consumers in the US placed legal sports bets totaling $13bn in 2019, almost double the $6.6bn that was wagered in the previous year, according to data released by the American Gaming Association (AGA).
Kindred and Caesars Entertainment have signed an agreement for market access to several US states.
Table Of Contents
He came into the day with a big chip lead and finished Day 2 with an overwhelming lead as well. Shyngis Satubayev of Kazakhstan claimed the Day 2 chip lead with 1,074,000 in chips, worth a whopping 215 big blinds at the start of Day 3. Day 2 of the €4,300 Main Event of the Master Classics of Poker came to an end after six levels of 60 minutes. Day 1a and Day 1b attracted 330 entries in total, 150 of them made it through to Day 2.
Second in chips is none other than German juggernaut Ole Schemion, who's well on his way to another big score in Holland Casino Amsterdam. Schemion is the 2012 Main Event champion, won the 2016 €25K High Roller, and finished runner-up in two €10K High Rollers as well over the years. Schemion's big boost came when he eliminated Teun Mulder when Mulder called the five-bet shove of Schemion with ace-king. Schemion held pocket jacks and those held throughout the board.
Jesse Liljgren started third in chips at the start of the day and finished in the same exact spot at the end of Day 3. The top five is completed by two Dutch players, Pascal Vos and Gert Jan Albers.
A slew of big names are still in the hunt such as Hassan Sey who already won a 'bordje' during the festival. Christopher Frank, Jonathan Abdellatif, Steve O’Dwyer, Jan Bednar, David Hu, Paul Tedesci, Paul Hoefer, Marcel Vonk, Bart Lybaert, and the shortest stack on Day 2, Sonny Franco.
2019 Master Classics of Poker Main Event - Top 5 Chip Counts After Day 2
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Seat | Player | Country | Chip Counts | Big Blinds |
---|---|---|---|---|
1 | Shyngis Satubayev | Kazakhstan | 1,074,000 | 215 |
2 | Ole Schemion | Germany | 722,500 | 145 |
3 | Jesse Liljegren | Finland | 445,000 | 89 |
4 | Pascal Vos | Netherlands | 407,000 | 81 |
5 | Gert Jan Albers | Netherlands | 371,500 | 74 |
Defending Champion Alberto Stegeman Eliminated
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Another 16 players registered at the start of Day 2, which kicked off at 7 p.m. after the turbo Day 1b flight wrapped off in the early hours of the day. Together, the field created a total prize pool of €1,370,160 with 47 out of the 50 remaining players cashing this year. A mincash is worth €8,632 while the winner will walk away with the massive first-place prize of €260,878 as well as the signature plate trophy, affectionally known as the 'bordje'.
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Alberto Stegeman came into Day 2 ready to defend his title but he ran his last 19 big blinds into the jacks of his opponent while he held tens and got no help from the board. Ryan Riess busted on the feature table with ace-five against the jack-nine of Frederico Silva. Silva turned a pair and made a straight on the river to paint an even prettier picture. Hossein Ensan also busted at some point during the day.
Day 3 restarts at 1:30 p.m. local time on November 30 with Level 16 with a small blind of 2,500, big blind of 5,000, and a big blind ante of 5,000. Ten levels of play have been scheduled with a break after every two levels but everything is subject to change.
The bubble will burst pretty soon after the restart and the PokerNews live reporting team will be there to bring you all the action as all the remaining players battle it out for their share of the prize pool.
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