ONLINE NEWS UK online market continues to grow T
he UK Gambling Commission (UKGC) has released its statistics for the UK gambling market between October 2015 and September 2016, with the remote sector making up 32% of the overall market and £4.5bn (5.2bn Euro/$5.8bn) total gross gambling yield (GGY).
The remote sector reached £4.5bn GGY, from £4.2bn GGY for the previous year and casino games generated the highest turnover at £2.4bn GGY, primarily through slots games, which accounted for over half that total at
£1.6bn. The UKGC said that for the gambling industry as a whole in the UK, GGY stood at £13.8bn, an increase of 2.9% compared with the previous year. The only areas which did not see growth were bingo and the National Lottery.
French online betting growth A
RJEL’s first quarter figures showed that
online sports betting sales increased 23% on the same period in
2016 to hit a record 633m Euro (£548m/$710m), with a significant rise in the number of female punters one of the stand out stats of the report. The latest quarterly figures for online betting are the highest ever recorded for the vertical in France and are higher than those achieved by operators in the opening year of regulation, when they reached 592m Euro in 2011. Betting gross win was up 16% on first
quarter 2016 figures to reach 94m Euro, swelled by growth in active player accounts.
S
Sports betting overall also saw a demographic change with female sports bettors growing 40% to 79,000, nearly twice the growth rate of male gamblers, who increased in numbers by 21% to 829,000. Football, tennis and basketball made up most of the sports betting scene in France for the first quarter of this year, accounting for 89% of all wagers. Online horse racing pari mutuel figures dropped, with revenue down 4% to 61m Euro year-on-year. Demographic differences were clear, with 79% of French race bettors being 35 years old or above and 68% of sports bettors being below the age of 35. Online poker increased sales by 3% year-on- year to 64m Euro, despite weekly active players actually falling 1% to 255,000.
PartyPoker ends bid for Czech gaming licence
P
artyPoker has opted to withdraw its application for a new gaming licence in the Czech Republic.
In February, PartyPoker announced that it
was to halt operations in the country in order to open an application process for a new licence. This year, the Czech Republic has introduced new legislation
regarding online gambling, opening up the national market to licensed foreign operators. However, in a message to Czech players, picked up by
Poker-Arena.cz, PartyPoker said
42 JUNE 2017
the country’s licensing procedure was not in compliance with European Union principles and it would not pursue its application at this time. PartyPoker added that it intends to meet with Czech authorities to discuss the matter in the near future. The operator also hinted
that it could reopen the
application should its concerns over the licensing process be resolved
driven by online
Sweden’s gambling
weden’s overall gaming market saw a turnover of SEK 5.4bn (554m Euro/$622m) during the first quarter of 2017, an increase of 0.2% on the same
period for 2016, driven primarily by online gaming. Lotteriinspektionen, Sweden’s gambling regulator,
reported that Swedish-based gaming players were down 3% with sales close to SEK 4.2bn, while non-Swedish players gained market share and saw sales of just over SEK 1.2bn, an increase of 13%. Svenska Spel reported sales of SEK 2.16 bn, a decrease of 5%, with its land-based games dropping by 9% while online gaming increased by 6% ATG saw stable sales of just over SEK 950m for the
first quarter of 2017, which is around the same as in the first quarter of last year. Its land-based games decreased by 11% but internet games increased by 10%. In March it was reported that the Swedish state gambling monopoly should be in part removed and replaced with a setup that dictates online gambling operators are licenced and taxed 18%, bringing well- established foreign online operators under Swedish regulation.
Ireland considers switching betting tax to punters
I
reland’s Finance Department has launched a consultation into possible changes to gambling tax laws in the country. According to
Tax-News.com, the consultation will run as part of the Tax Strategy Group Process and look at the introduction of the current duty regime to remote operators and betting exchanges in 2015. The consultation will also consider the likely impact of an increase in betting duty rates on Irish Exchequer revenue and the betting industry as a whole. One of the key aspects that will be looked at during the process is the possibility of moving a portion of the tax burden from the bookmaker to the punter, so that either a percentage tax will be introduced on all bets placed and will be paid by the punter, or a higher tax on winnings, to be paid by punters.
The consultation will also look at whether the existing model of turnover tax is the most appropriate for the industry, and if the country should look at different approaches to betting exchanges. In addition, the Finance Department will focus on the appropriate level of betting tax and equivalent tax on betting exchange commissions.
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