iGB Marketplace Directory iGB Marketplace Directory 2020 | Page 13

EUROPEAN REGULATION requirement that only holders of land-based licences can offer online gambling). Regulatory reforms appear to have stalled in the country. Cyprus Regulated gambling products: Sports betting, horse race betting and lottery. Operator type: OPAP has a monopoly over lottery operations; sports betting licences are available to private operators. Status: Cyprus regulated online betting in July 2012, although a licensing regime was not established until 2016. ISPs are obliged to implement blocking measures to prohibit Cypriot residents from accessing unlicensed gambling websites. A new betting law came into force in March 2019 and featured minor amends introduced to address EU incompatibility concerns under the previous law (such as the requirement to have a local branch in order to obtain a sports betting licence). Czech Republic Regulated gambling products: Sports betting, horse race betting, poker, casino, bingo and lottery. Operator type: EU and EEA-based operators are able to apply for licences. Status: The new gambling regulatory regime entered into force on 1 January 2017, allowing EU/EEA companies to enter the market. ISP-blocking measures are active in the jurisdiction. Tax rates are reportedly set to increase to up to 30% of GGR for certain online gambling activities from January 2020. Denmark Status: The Danish online gambling regime went live on 1 January 2012. ISP-blocking measures are active in the jurisdiction and the Danish Gaming Authority has been granted an injunction to block operators and suppliers that have been targeting Danish customers without the requisite licence. Plans to implement a new voluntary code of conduct for advertising gambling are understood to have been blocked by the Danish Competition Authority over competition concerns. From 1 January 2020, licensed operators will be required to ensure that customers have set deposit limits before they are allowed to gamble, although it is understood this applies to the offer of online casino only. Estonia Regulated gambling products: Sports betting, horse race betting, poker, casino, bingo and lottery. Operator type: Licences for all gambling products are available to private operators save for lotteries, which are reserved for the monopoly operator. Status: Operators seeking to accept business from players in Estonia must be issued an activity licence for the type of gambling they wish to offer, then an operating permit to provide the services online. A blacklist of operators is maintained and updated by local authorities and ISP and payment blocking is in force. Though some operators argue that the regime is still not compatible with EU law, no notification alleging incompatibility has been issued by the EC since the requirement for licensees to locate main servers in Estonia was removed. Finland Regulated gambling products: Sports betting, Regulated gambling products: Sports betting, horse race betting, poker, casino, bingo and lottery. fantasy sports, horse race betting, poker, casino, bingo and lottery. Operator type: Sports betting, poker and casino licences are available to private operators. Lottery is controlled by the state monopoly. Operator type: All gambling products are under the exclusive control of monopoly provider Veikkaus Oy. Status: Despite the existence of a national monopoly, EC enforcement action was dropped subsequent to various changes to Finnish laws. MARKETPLACE 2020 13