Weekend Conversation Corner – June, 06
Welcome to the most recent instalment of our Focus Gaming News Weekend Conversation Corner, where we provide a brief overview of the week’s top headlines that have captured global interest. As we break down the flurry of events into a concise summary, we will discuss the key stories that have impacted the conversation, influenced decision-making, and sparked debates. Join us as we cut through the clutter and deliver a condensed review of the week’s significant advancements, keeping you informed on what truly counts in today’s fast-paced world.
Stay informed, stay motivated, and keep gaming on. Wishing you a fantastic weekend ahead!
Dutch gambling reforms in doubt amid government collapse
Proposed gambling reforms in the Netherlands, including raising the minimum age for online slots, are likely to be delayed due to the collapse of the four-party coalition government. State secretary Teun Struycken had planned to submit a new gambling bill this year, but with political turmoil, this seems unlikely. The current Remote Gambling Act was criticised for inadequate player protection measures, leading to calls for stricter regulations. The fate of these proposals will depend on the formation of the next Dutch government, with possibilities of a new coalition emerging. The previous coalition had increased the gambling tax and ruled out the privatisation of Holland Casino and Nederlandse Loterij. The future of gambling reforms in the Netherlands remains uncertain amidst political instability.
Italian land-based gambling reforms to be put back
The Italian government is expected to delay the implementation of a reform in land-based gambling, extending the adjustment period to August 2026. The goal is to standardise regulations across regions, including player identification, stake limits, and training requirements. Regional governments will receive funding for gambling treatment programs. In the meantime, the Customs and Monopolies Agency is accepting applications for new online gambling licences, with expectations of significant revenue. The Italian gambling market saw a 4.4 per cent increase in gross gaming revenue in 2024, driven by a rise in online gaming revenue. The main Italian lottery license was awarded to Lottoitalia. The reforms require agreement on the 2026 Budget Law for implementation.
New Ukraine gambling regulator PlayCity now operational
The Ministry of Digital Transformation in Ukraine has announced the launch of the new gambling regulator, PlayCity, with a focus on digitising the licensing process and implementing a national gambling monitoring system. PlayCity aims to make the gambling and lottery market transparent and accountable, targeting illegal gambling establishments and enhancing tax revenues for the country. The head of PlayCity, Hennadiy Novikov, is tasked with enforcing responsible gaming practices and cracking down on unlicensed operators. The new regulator will work under deputy prime minister Mykhailo Fedorov to protect licensees and consumers from corruption. The decision to establish PlayCity comes after the disbandment of the former regulator, KRAIL, due to operational challenges and alleged ties to illegal gambling operations with Russia.
New Jersey bill would expand casino gaming beyond Atlantic City
New Jersey Senator Vin Gopal has proposed a bill to allow casino gaming at Monmouth Park and Meadowlands racetracks, expanding beyond Atlantic City. The amendment would require a constitutional ballot for voter approval. The state would receive a share of revenues for various purposes, including property tax reductions and pension systems. This proposal comes as New York City plans to award three casino licenses, posing new competition for New Jersey. In April, New Jersey’s casino revenue reached $536.6m, with a 5 per cent increase year-over-year but a 1.7 per cent decrease from March. igaming revenue was up 25.2 per cent, while land-based casino revenue decreased by 2.7 per cent. Slot machine revenue increased by 2.1 per cent, but table games revenue decreased by 16 per cent.
Igaming growth drives strong Q1 results for OPAP
Greek gambling operator OPAP reported a strong first quarter with revenue increasing by 8.2 per cent year-on-year to €595m. Online gambling saw the biggest growth, with revenue up by 19.8 per cent to €85m. Lottery operations remained the largest segment, generating 34.7 per cent of GGR at €207m. Operating expenses showed a decrease in rental costs and an increase in IT expenses. CEO Jan Karas expressed confidence in meeting outlook for 2025. In 2024, OPAP saw a 10 per cent revenue increase to €2.29bn, with EBITDA at €832m and net profits at €485m. The Hellenic Gaming Commission announced a collaboration with OHQA to address gambling harm in Greece through a national strategy focusing on prevention and support systems.
