By Gaming Intelligence
Germany’s controversial State Treaty on Gambling has suffered yet another blow after a court ruled that authorities may not prosecute players for gambling on unlicensed sites.
By Frank Tolboom, lawyer at Kalff, Katz & Franssen
A recent decision by the Court of Appeal of Amsterdam has overturned a January 2014 District Court ruling, finding that poker is a game chance under the Dutch Betting and Gaming Act 1964. This seems somewhat controversial, particularly given previous case law on the matter. Frank Tolboom of Kalff, Katz & Franssen Attorneys at Law, analyses the decision and relevant case law, and considers the implicasions for the Dutch market.
Read more on the Kalff, Katz & Franssen website.
By Frank Tolboom, lawyer at Kalff Katz & Franssen, and Joost van den Bogaerd
On 4 April 2016, the Minister of Finance (also on behalf of the State Secretary of Secretary and Justice) published its answers to parliamentary questions on the qualification of binary options as a financial instrument. MPs of the Christian Democratic Party (“CDA”) again questioned whether binary options should not be qualified and regulated as games of chance rather than financial instruments. In its response the Minister referred to its previous answers of 30 October 2015 in which he already held that binary options are qualified as financial instruments in accordance with the European Markets in Financial Instruments Directive (MiFID). As such the Netherlands Authority of Financial Markets (“AFM”) is responsible for supervision of binary options, according to the Minister of Finance. … Continue Reading
Quirino, Justin, Santiago and Wulf were also awarded by Chambers Global for the year 2016. Read here what is said about the four Gaminglaw.eu founders and their skills: … Continue Reading
Germany’s Association for Telecommunications and Media (DVTM) has emerged as a major advocate of regulatory reform. CEO Renatus Zilles explains why he believes it is high time for the federal government to take charge of Germany’s gambling market.
