/ THE BRIEFING / NEWS
UK
BELGIUM
PLAYTECH CONFIRMS
BELGIUM EXIT
sPlaytech confirmed discussions
held with the Belgium Gaming
Commission led to its decision
to pull the plug on its unlicensed
Belgium-facing licensees.
Operators such as Gala
Interactive and William Hill
notified affiliates that it would no
longer be taking business from
customers within the Belgian
borders for “regulatory reasons”.
Playtech said the withdrawals
were prompted by an
“agreement” reached between
the software supplier and the
local regulator to no longer
support unlicensed Belgiumfacing activities.
S PA I N
SWEDEN
SWEDEN TO REVEAL EGAMING
PLANS IN AUTUMN
sThe Swedish government will
GERMANY
TIPP24 DEFIANT DESPITE Q1 PROFIT WIPE OUT
sGerman firm Tipp24 insisted it remains on course to
meet full-year expectations despite witnessing a near
wipe out of Q1 profits following investments into new
markets and higher than expected payouts.
The lottery provider saw net profit for the three
months ending 31 March 2014 fall 98.5% to €109,000
from the €9m it recorded in the corresponding quarter
last year despite a 9% rise in adjusted revenues to
€35.2m.
EUROPE
UPDATE
N
E
W
decide this autumn how it will
regulate its online gambling
industry.
Currently only Svenska Spel
and horseracing betting firm
ATG are able to offer regulated
online gambling, but operators
are hoping Sweden will adopt an
open licensing framework similar
to that of Denmark.
A general election scheduled
for mid-September means
a decision is unlikely to be
made before then, although
the Ministry of Finance’s Carin
Kappe said that it would be
made by November.
S
EGAMING UPDATES BY COUNTRY
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