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Industry Must Improve Gambling’s Image Problem, Warn Experts

November 20, 2014 News & Reports

By Daniel Mcadam

Industry chiefs need to tackle the poor image of gambling that has taken hold in many European countries or end up being squeezed even more by politicians and pressure groups, according to industry experts.

Chief executives, lawyers and consultants have warned that the perception of the industry in some countries is the worst it has been for more than a decade.

Without a radical rethink by companies, including being transparent about tax and pushing regulators to champion the industry, ministers will continue to see gambling as a prime target for tax raids and tighter regulations, they said.

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WHO’s WHO LEGAL 2014: Wulf Hambach chosen as Leading Lawyer and identified as ‘True Leader’

November 20, 2014 News & Reports

Dr. Wulf Hambach has this year been chosen once again as one of a select group of Leading Lawyers who stand out for their expertise on a global level. He was already ranked in 2013 as the “Most Highly Regarded Individual in the Gaming & Gambling section” in THE INTERNATIONAL WHO’s WHO of SPORTS & ENTERTAINMENT LAWYERS.

Quote:

“At Hambach & Hambach, co-founding and managing partner Wulf Hambach heads the regulatory and licensing practise and is a ‘true leader’ on gaming and betting matters in the German market.”

German Online Casinos Brace for 2015 VAT Hit

November 3, 2014 News & Reports

by Daniel Mcadam

Legal experts have warned that in just over two months’ time all EU online gaming operators will be liable for VAT in Germany in the latest setback for companies targeting Europe’s largest economy.

The European Union’s new VAT directive, designed to capture more tax from internet giants such as Amazon and Apple, will change the way the sales tax is collected from where the company is located

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Financial Blocking: Will data retention have to be extended?

October 23, 2014 News & Reports

By Peter Langenbach

Experts think that payment blocking in the context of online gambling will not be able to be implemented

Potsdam, October 2014. Whilst the Conference of the Minister Presidents of the German Federal States will meet this week to discuss, among other issues, the Inter-State Treaty on Gambling and its implementation in Germany, a series of gambling providers are facing massive repression by the Federal States. The States intend to ban gambling offers on the internet, if necessary by blocking payment transactions – an instrument which, it is remarkable to note, has been advocated by the representatives of the state-run lottery associations, such as Michel Burkert, who plays a leading role in the Deutsche Lotto- und Totoblock, is the manager of Saarland-Sporttoto GmbH, and who wants to prevent transfers of funds to other countries. In plain language: Banks, credit card companies, payment providers are intended to interrupt the monetary flows between players and online gambling providers, even if they are licensed in the EU. This is the widespread theory. … Continue Reading

German States Seek Online Gambling Payment Blocking

September 29, 2014 News & Reports

By David Altaner, GamblingCompliance

The warning letters, which threaten prison sentences, follow dozens of prohibition orders issued by Lower Saxony and other German authorities seeking to shut unlicensed websites.

The effort is similar to German officials’ attempts several years ago to get internet service providers to block websites — efforts that were not successful in the courts, said Munich-based gambling law attorney Wulf Hambach.

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Legal Gaming in Europe Summit 2013 – Summary Day 1

Legal Gaming in Europe Summit 2013 Day 1 Summary Video







Video: International Gaming Law Summit 2011 Highlights

International Gaming Law Summit 2011 Highlights Video



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