Thursday 3 April 2008

DUTCH SENATE SAYS “NO!” TO HOLLAND CASINO PLAN

I don’t know about you, but when I think of Dutch the first thing that comes to my mind are cheese, windmills, wooden shoes, and silly flower bulbs! I didn’t say anything about Amsterdam, space cookies and pot, did I?
The Dutch parliament voted down a bill that would have given online casino operator Holland Casino the green light to open a gambling Web site on a trails basis.
Apparently, Holland Casino was to be granted exclusive license to open up an online casino. It seems that the plan had been approved by a lower house of the Dutch Parliament two years ago. But it was the upper house that refused to bite the cheese this time. Consequently, the Dutch Senate vetoed the proposed online Holland Casino plan by a vote of 35-37. Auch!
But, maybe that’s a good thing after all, as the passage of the bill would have allowed Holland's gambling monopoly. They probably just though there are already too many types of ‘cheese’ in the online industry, so, it wouldn’t have been fair to give Holland Casino the chance to wear the Rochford label.
However, if this bill had passed it would have protected the Dutch gamblers, which are estimated at about 400,000. No to mention it would have allowed competition with big international companies operating gambling sites, such as PartyGaming, Bwin and Sportingbet.
The final vote has disappointed CryptoLogic as well, as it worked to develop the Holland Casino site. According to winneronline.com, the online gaming company was prepared for this: "While advocates of safe, secure and regulated e-gaming are disappointed with the Dutch decision, CryptoLogic never places all its bets on one table. That’s why this decision will have no material impact on our business. We recognized the challenge in Holland early and prepared our business by accelerating other revenue-generating initiatives,” Crypto CEO, Brian Hadfield, stated.
There are some other countries in Europe that have been reluctant to open up online gambling among which Germany and France. They official representatives said that the major concern regards gambling addiction and the state betting monopolies losing revenue.
Nevertheless, the European Commission has warned Holland for its gambling laws. Along with Greece, Holland was issued a final warning in February by the EU that action would be taken against it for restricting competition.
Overall, the Dutch should work on hold on the sex industry and to combat the exploitation of prostitution, not to mention they should take a closer look at those coffee shops, which are serving more than fortune cookies to underage kids.
So, if the Dutch famous brothels were officially banned, but they have been allowed to operate under lax conditions and exercise their competition, should we expect the same to happen to the online gaming industry?
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