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Switzerland’s online gambling law gains momentum to survive referendum

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Switzerland’s voters seem to be in a mood to support the gambling law that would restrict online gambling to sites operated by local land-based casinos, while banning the domains of other operators.

A recent survey of 1201 adults conducted by GfS Bern revealed that 52 per cent of respondents are ready to support the country’s new gambling law when a national referendum is conducted on June 10. Around 39 per cent intend to vote ‘no’ while a mere 9 per cent remain undecided.

Swiss legislators had already approved the new gambling law, which requires would-be online gambling operators to partner with local brick-and-mortar casino operators.

Swiss internet service providers would be required to block the domains of internationally licensed online operators that continue to serve Swiss gamblers without local authorisation.

However, the youth wing of the Free Democratic Party (FDP) managed to garner enough petition signatures to force a national referendum on the legislation. Local telecom firms and civil libertarians have joined the campaign to strike down the law but it appears that their efforts are coming up short with Swiss voters.

Support for the legislation is strongest among women, older people and residents of Switzerland’s French- and Italian-language regions. GfS Bern co-director Lukas Golder told SwissInfo.ch that “there is potential for a protest vote” but the law’s opponents “have focused too heavily” on the censorship issue.

The referendum campaign has featured tit-for-tat accusations of impropriety, with one “no” parliamentarian claiming he was offered a board seat with a casino operator if he would change his vote, while the casinos claim international gambling sites are underwriting the “no” campaign.

SWISS CASINOS BOSS OKAY WITH ONLINE TAXES

The casino executive who made that offer to the parliamentarian was Swiss Casinos Group CEO Marc Baumann, who this month told the Berner Zeitung media outlet that he wasn’t trying to “buy” the parliamentarian’s vote but says he now recognises that he “should have made the request only after the referendum.”

Asked why Switzerland shouldn’t let international online operators simply apply for local licenses without having to partner with a local casino, Baumann said he “cannot imagine that they are interested,” in part because “the levies that the federal government plans are the highest in Europe.”

On March 2, Switzerland’s Federal Council opened a consultation on its new gambling rules. Among the subjects up for discussion is the proposed online tax rate, which starts at 20 per cent for the first CHF3m (US$3m) of revenue, rises to 40 per cent on revenue up to CHF10m, then rises incrementally for every CHF1m above that, capping out at a maximum 80 per cent rate.

At those nosebleed rates, it is perhaps not surprising that the government expects to raise an annual CHF40–75m from online gambling taxes (from a population of less than 9m people). The Federal Council’s consultation concludes June 15, assuming voters vote “yes” five days earlier.

Despite this onerous online tax burden, Baumann said his Swiss Casinos Group remains interested in launching online gambling services. The Group currently operates a free-play casino site, Swissonlinegames.ch, and is “currently examining cooperation with a foreign company that has experience” in the real-money online sector.

Baumann insisted that this prospective partner is not a company that currently serves Swiss punters, because only companies with “a perfect reputation” will be allowed to operate under Switzerland’s new regime.

Source: calvinayre.com


Source: EuropeanGaming.eu

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BetConstruct partners with Fazi

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BetConstruct has announced a new partnership with Fazi, an online games developer creating high-quality content in the casino gaming environment.

A wide range of 4,000+ games of BetConstruct Casino Suite is now freshened up with content from Fazi. All the games delivered by the provider are made in HTML5 with full HD graphics. Helping BetConstruct continue delivering diversified content to its partners. The new partnership expands Fazi’s ideas, work and effort in the evolving online gaming industry. Some of the most popular Fazi games such as Roulette, Book of Spells, Turbo Hot 40, Fruits and Stars are now available on BetConstruct Casino platform.

Bojan Mitić, Fazi CEO, said, “We are proud to see Fazi games on one of the most sophisticated platforms in the iGaming industry. We have eagerly anticipated collaboration with BetConstruct – the award-winning developer and provider of online games and a globally recognized company. It is extremely important for us that BetConstruct recognized our quality, uniqueness and innovation and we are confident that Fazi games will be warmly received by players “

Vigen Badalyan, BetConstruct’s Founder & Chief Executive Officer, commented: “We are thrilled to inform that we already partner with Fazi. Fazi’s omnichannel content featuring modern graphics, exciting animations and bonuses will provide a highly interactive gameplay for our operators’ players.”

 

About BetConstruct:
BetConstruct is an award-winning developer and provider of online and land-based gaming solutions with development, sales and service centers in 16 countries.

BetConstruct’s innovative and proven offerings include an extensive range of products and services, including Sportsbook, Sports Data Solutions, Retail Solutions, RNG & Live Dealer Casino, VR Casino, Poker, Skill Games, Fantasy Sports, Social Platform and more. The latest addition is the industry-first complete management infrastructure, SpringBME (Business Management Environment).

All partners benefit from the BetConstruct Spring platform with its powerful back office tools and all-inclusive services that empower operators’ growth and help contain their costs. From stand-alone set up to turn-key and white label solutions, BetConstruct offers its partners unfettered opportunity to succeed.

 

About Fazi:

Fazi is one of the leading online content providers, manufacturers of electronic roulettes and software developers in the Balkans. Fazi was founded in 1991 and ever since the day it was founded until today, the basic principle of the Company’s business has been based on constant growth and development, on the creation of new, innovative products and on conquering new markets.

Fazi Interactive has achieved remarkable success in markets all over the world. Fazi online content is innovative and characterized by modern graphics and quality animation. All the games are made in HTML 5 technology with Full HD graphics. Due to Fazi jackpots, interesting and unique graphics, great themes and great prizes, Fazi games are very popular among players.


Source: EuropeanGaming.eu

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BtoBet’s World Cup Specials: Strategies For Player Acquisition And Retention

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BtoBet’s World Cup Specials: Strategies For Player Acquisition And RetentionReading Time: 2 minutes

Boasting a high level of interest from bookmakers, BtoBet’s Director of the Sports Department, Davide Ruggeri, is of the opinion that the company’s products unveiled and offered to operators prior to the World Cup that will shortly kick off in Russia will deliver a new standard of sports betting, providing the players with distinct options based on varying factors.

Which will be the four nations to play in the Semi-Finals stage? Who will be the referee in charge of the Final? Will it rain? Will a particular team win or lose all the matches at group stage? Will there be a field invasion during the manifestation? How many matches will end goalless in the group stages? Who will be the beast goalie, defender, assist man, or attacker of the tournament?

These are just a few of the infinite variety of bets that BtoBet’s World Cup 2018 Specials will present to the player, with Ruggeri describing the products as “the first step to avoid the usual high churn rate that sees players moving away from betting over the World Cup period”.

Ruggeri stressed that operators should see the World Cup event as a massive opportunity for player acquisition but most importantly for player retention. “It is much less expensive to retain existing customers than it is to acquire new customers. And this can only be achieved by providing them with a tailored offer to catch their attention. It means treating these players as VIP players with the goal to inspire a positive experience from their side.

For a deeper insight download BtoBet’s latest Industry Report, “World Cup: Risks, Challenges and Opportunities for Operators”.

 

About BtoBet:

BtoBet is a multinational company and is part of a group with 20 years of experience in software development in IT, finance, telecommunication, e-commerce and banking, strongly committed to technology and widely investing in technology research and development. The experience gained in these advanced environments, allows BtoBet to be visionary in the iGaming and Sports betting industry with a deep understanding of the requirements of the market, catching changing trends and anticipating bookmakers’ and operators’ needs. BtoBet is a true partner in technology, offering a standalone platform and services for the iGaming and Sports Betting industry. It counts on a very talented, continuously trained development team and day to day management support to clients. BtoBet allows licensees to be unique in the market, by giving them the opportunity to completely personalise their offers for Sports betting and iGaming business, online mobile and retail. BtoBet has technical branches with large ever-growing teams of developers in Skopje, Ohrid, Bitola, Belgrade, Nish, Tirana, and Rome. Malta hosts the commercial and marketing centre. Visit our site on: www.btobet.com


Source: EuropeanGaming.eu

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IMF spotlights Malta’s work in the gaming sector

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MGA IMF spotlights Malta’s work in the gaming sectorReading Time: 1 minute

The International Monetary Fund (IMF) praised Malta’s work in the gaming sector and labelled it as exceptional.

It’s well known by now that Malta is one of the best places in europe when it comes to monitoring the new trends, working to set the best legislation but also for it’s pro-business approach.

The international monetary entity highlighted Malta’s dedication to strengthen the gaming sector by reinforcing the existing legislation that regulates the gambling industry and by implementing the EU Anti-Money Laundering directive.

Earlier this month, the Maltese Parliament approved new gaming provisions that seek to heighten the jurisdictional profile of Malta from a regulatory perspective by strengthening the Malta Gaming Authority (MGA) supervisory role. The approval of the third and final reading of the new Gaming Act also wants to strengthen the compliance and enforcement functions to better achieve the regulatory objectives, in line with concurrent developments relating to anti-money laundering and combating the funding of terrorism.

The Maltese Government will see that the Malta Gaming Authority, as the regulator of the gaming industry, has all the resources to carry on her work effectively and will ultimately lead in further protection to customers and will base its work on concrete evidence.

 

Source: independent.com.mt


Source: EuropeanGaming.eu

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