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The Netherlands Newly Regulated Gambling Market Launches

Published 04.10.2021  Author: Jake  Category: News

The Netherlands have finally seen the launch of the newly regulated online gambling market, following a couple of unfortunate delays. The newly licensed operators were due to be accepting players on the 1st of the month, but due to a technical fault with the self-exclusion system (Centraal Register Uitsluiting Kansspelen) they were only able to begin operation on October 2nd.

On Friday, Kansspelautoriteit (KSA), the local regulator said: “Due to a technical malfunction of Cruks, it is not possible for online providers, such as Holland Casino and Toto, to allow players on their websites. The cause of the malfunction has been identified. We are working hard to fix it.”

The following day, the regulator was pleased to announce the problem had been resolve and operators could begin the process of accepting players.

Regulating a gambling market usually comes with some delays and this is not the first the Netherlands have experienced. When the new Remote Gambling Act was being implemented, there were a number of hold ups where alterations had to be made before it would finally be accepted. Additionally at the start of April, there were some further technical problems which delayed operators from being able to apply for a license.

However, through all these problems – the KSA have finally launched and with them, 10 legal operators in the country who are eager for new players and will be the perfect targeting ground for keen affiliates.

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Facebook Launches Short-Form Video Reels

Published 04.10.2021  Author: Stephen  Category: News

As of September 29, one of the top social media platforms, Facebook, have launched their short-form video reels after seeing success from the launch of reels via Instagram.

Facebooks competitors, TikTok, have designed their entire platform around the short-video content system, and after seeing such incredible success, Instagram very quickly followed suit. Facebook actually own Instagram and since Instagram has gained more traction due to the reels release, this content creation system has now been released on Facebook.

With Reels, creators are able to access a wide variety of creative video editing tools, such as music from the Facebook music library, your own filmed audio, and add any audio from your device. There are also augmented reality effects to take advantage of, a time and countdown to help your filming, you can alter the speed of your recording and stitch together multiple clips for use.

Regarding payment, they have launched a creator Reels Play “bonus”. The bonus will only pay creators who have been invited to the program based on the performance of their reels, which will be available on both Facebook and Instagram. However, this is only available in the US at the moment.

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BOS takes on Swedish Government regarding New Advertising Restrictions

Published 01.10.2021  Author: Jake  Category: News

The Swedish government have recently proposed to put gambling advertisement under “special moderation” which would change the treatment to be more inline with those in place for alcohol adverts. The local iGaming association, named Branscheforenigen för Onlinespel or BOS have responded calling for this consideration to be withdrawn.

The association argued that licensed gaming operators play an important role in making themselves known, in order to encourage players who already want to gamble, to choose a regulated operator. They insinuated that if licensed operators cannot advertise their products, players will end up going to offshore casinos.

Gustaf Hoffstedt, the secretary general at BOS said: “The reason why it is important that gambling takes place on the designated licence market is only there do Swedish legislators and authorities have command of consumer protection. The state has a goal that channelisation in the Swedish gaming market should amount to at least 90 per cent as of January 1, 2022. The most recently estimated channelisation is 85 per cent and thus below the target of 90 per cent.”

“BOS cannot come to any other conclusion than that the government’s both formal and public opinion outcomes against this form of gambling since the Swedish re-regulation in 2019 is reflected in the catastrophically low channelling of online casinos today.”

He additionally warned that both sport and journalism could suffer as a result, due to the amount of funding that gambling generates in sponsorships. “The same applies to the sports movement, which, thanks to sponsorship agreements, receives multi-million sums from gaming companies, in some cases multi-billion sums.”

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Swedish Gambling Regulator Responds to EU Credit Rules Proposal

Published 01.10.2021  Author: Stephen  Category: News

The Swedish gambling regulator, Spelinspektionen, have said that the European Commission’s proposals to reform its Consumer Credit Direct would help reduce gambling harm. The new proposal aims to ensure credit information is displayed to consumers in a clear way.

In addition to this, they seek to improve assessments of creditworthiness, while EU member states will also be required to promote financial education and to ensure debt advice is readily available.

Camilla Rosenberg, Spelinspektionen director general, said: "Strengthened consumer protection when granting credit, in particular a strengthened and expanded credit review, can contribute to a reduction in gambling on credit and thus promote the protection of players with problematic gambling behaviour."

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