NETHERLAND GAMING AUTHORITY INVITES EOI
27th October, 2014 at 14:04:50
Register your interest in the online Netherlands market on December 1, 2014
Marja Appelman, director of the Netherlands Gaming Authority Kansspelautoriteit (NGA), has invited operators to register their expressions of interest (EOI) in offering online gambling services in the Netherlands market.
Appelman announced the initiative at EiG Berlin last week, saying the authority would make a registration form available on the Kansspelautoriteit.nl website from December 1, 2014 following receipt of which, the authority would assess and appraise the operators' current online offer while getting to know each operator on an individual basis.
The legislative process on the Netherlands Online Gambling Bill (draft) has not yet begun despite the bill being sent to Parliament in July 2014. It will be discussed in both Houses of Parliament and amendments could potentially be made before any formal licencing process can begin.
Appelman said a public consultation would commence at the beginning of 2015 to glean input and opinions from established operators keen to operate in the Netherlands market while also saying the authority aims to keep administrative burdens as low as possible for these providers.
PLAYSTUDIOS THIRD ROUND FUNDING A SUCCESS
$20 million to be aggressively invested in product
California-based social gaming company Playstudios has closed a third round of funding led by Jafco Ventures.
The "self-sustaining" company raised $20 million that will allow it to "aggressively invest in our current apps or, opportunistically, find and create other apps to invest in," said chief executive Andrew Pascal in an interview with GamesBeat.
This latest funding round includes existing investors such as MGM resorts, who provide a sizeable package of rewards to PlayStudios' MyVegas players.
I think our best work is ahead of us and our biggest opportunities are ahead of us, Pascal said. Having this additional capital will ensure we make the most of these opportunities.
The Playstudios' team, led by Andrew Pascal, is one of the best operating teams we have seen," said Joe Horowitz, Managing Partner at Jafco Ventures. We believe that the quality of their products and the loyalty of their players will allow Playstudios to continue to achieve explosive growth and dominate this category of the social gaming market.
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