Casinos Austria and Entain plan expansion
Both the gambling provider Casinos Austria and the provider Entain published their plans last week. For example, Entain wants to acquire a license in the Netherlands for the first half of 2023. On the other hand, Casinos Austria International Japan – for short CAIJ – gave more specific plans for the planned in Nagasaki Casino known.
Member of confectionery Nagasaki
The published details come from a summary of the application by Casinos Austria around the Casino integrated in Nagasaki – or for short. It emphasized the strengths and competencies of the company and the guarantee of the highest compliance requirements was also promised, which should be observed, among other things, by the participation of the Austrian state in the group.
Caij announced a comprehensive cooperation with the authorities to advance the IR project: “Together with the Nagasaki Prefecture, we will create a regional development plan to receive approval for Kyushu/Nagasaki as an IR area” . The company also emphasized that special focus should be on security aspects. The goal is a protected environment, free of harmful influences and no space for “illegality, bribery and corruption”.
Security in focus
Caij wants to ensure the highest standards when preventing gambling addiction and defending dangers in areas such as youth protection, disease control and health. At the same time, a world-class level of the integrated casino is to be achieved. The focus is on the traditional world -oriented luxury. For example, indoor areas are to be created in the latest Japanese design and a European-style casino. But that’s not all: Conference, trade fair and entertainment capacities are also planned in addition to a luxury hotel. Nevertheless, the Japanese central government first has to decide whether Casinos Austria International Japan may realize the project or whether another company is awarded the contract.
Entain wants to acquire license in the Netherlands
After the first licensing holders in the Netherlands were announced two weeks ago by the gambling authority Kanspelautoriteit – KSA for short – now also wants to Entain acquire a license in the country. Like Holland Casino and Bet365, the British gambling group legally wants to offer its online market. The KSA plans to award up to 35 licenses. Many well -known providers have not received a license for the time being. The authority cited missing applications as well as insufficient quality standards.
In addition, many companies are in a so -called “cooling phase”. These six months have been imposed on providers who previously offered their services without a license in the Netherlands. This also included Entain. Last week, the group therefore said: “In accordance with the changes to the Dutch gambling authority announced with the past week, Entain will set his offer for players in the Netherlands on October 1, 2021.” Nevertheless, the gaming company plans to submit its application for a license until the end of this year. Offering legal gambling as in all other markets is also the goal.
Profit for providers and the state
Just like CAIJ, the plans of Entain still have to be decided. According to its own statements, the KSA plans to award all licenses in the coming year. Until then, Entain is expecting financial losses due to the withdrawal from the Dutch market. With a license, Entain could get in again and generate profit. But not only the providers with license are benefits from the licenses. This is how the state expects high tax revenue. While the gross game yield was still 424 million $ in 2019, the KSA predicted income for 2025 income in billions. The state is likely to receive a three -digit million amount annually. Nevertheless, it will take a while until it becomes known whether Casinos Austria International Japan and Entain can realize their plans.
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