iGB Marketplace Directory 2016/17 | Page 17

EUROPEAN REGULATION move forward with the stalled regulations, having previously expressed concerns about proposals to introduce back-taxes and impose a limitation on the number of licences that will be made available. HUNGARY Regulated Gambling Products: Sports betting, horse race betting, poker, casino, bingo and lottery. Operator Type: Only the state monopoly, Szerencsejáték Zrt. and local concession companies can apply for a licence. Status: Amendments to Hungarian gambling law came into force on 1 October 2015 which allow only two land-based casinos to hold remote casino concessions. State monopoly operator Szerencsejáték Zrt alone may offer sports betting and only the state monopoly provider Magyar Lóversenyfogadást-SzervezőKft can offer online horse race betti ng under the new law. The regulator has since issued fines against unlicensed operators who continue to target the market. ISP blocking of unlicensed sites has occurred since June 2014. The potential for EC infringement proceedings remains. IRELAND Regulated Gambling Products: Online gaming is not specifically accounted for in Ireland’s outdated legislation and as such is currently unregulated. Online betting regulated since August 2015. Status: Ireland is in the process of updating its legislation which will create a comprehensive online gambling regime and payment restrictions. The Betting (Amendment) Act 2015 now requires remote bookmakers to hold a licence, and pay a 1% turnover-based betting duty. ITALY Regulated Gambling Products: Sports betting, horse race betting, poker, casino, bingo and lottery. Operator Type: All products available to private operators save for lottery which is reserved for the monopoly provider. However, it is currently not possible to obtain a licence in Italy. Status: Fully regulated market. Previous restrictions on the type of events/markets on Sponsored by which bookmakers can offer odds are possibly to be abolished. A recently passed Stability Law introduces various measures affecting the remote gambling industry, including tax changes and plans for tighter advertising rules. The law will provide for the award of 120 new online gaming licences (lasting for six years), the tender for which will begin on 31 July 2016. The government also moved to a GGR-based tax for online betting operators (22%), with effect from 1 January. LUXEMBOURG Regulated Gambling Products: Lottery Operator Type: Monopoly. Status: The general prohibition on gambling appears sufficiently wide to cover all forms of online gambling. MALTA Regulated Gambling Products: Sports betting, horse race betting, poker, casino, bingo, lottery. Operator Type: Private operators can apply for a local licence but not in relation to lottery products. Status: On 3 June 2015, Maltese regulator the Malta Gaming Authority introduced a number of policy changes. These include changes regarding hosting servers abroad, audit requirements and the cloud environment. Malta plans to introduce gambling legislation during 2016 to modernise online gambling rules. NETHERLANDS Regulated Gambling Products: Sports betting, horse race betting, poker, casino, bingo, lottery. Operator Type: Monopoly for all products. Status: The Remote Gambling Act was published in May 2013, which stipulates the conditions which operators will be able to offer online gambling in the Netherlands. The Remote Gambling Act has now received approval from the Council of Ministers and the Secretary of State, paving the way for its implementation. Due to political issues, licences are now unlikely to be awarded until 2017. The government’s recent announcement to set online gambling duty at 29% (in line with the offline tax rate) has faced industry criticism. Marketplace 2016/17 | 17