Number Crunching - Launchpad, Nektan and The Netherlands

Number Crunching - Launchpad, Nektan and The Netherlands

Wednesday, October 18, 2017 Posted by Joseph Streeter
Breaking down all the weeks news into a set of easy to manage figures

£70 million -  The amount that is at the centre of a 2008 dispute between Ladbrokes Coral PLC and the HMRC UK Revenue & Customs (HMRC). The dispute relates to Ladbrokes being charged with ‘knowingly exploiting a 2008 tax loophole relating to loans between corporations and third parties’. It was revealed this week that Ladbrokes would take the case to the UK Court of Appeal.

40,000 - The number of first time depositors that were reported by mobile gambling operator and systems supplier Nektan, who detailed a successful Q1 period for 2017. The success was heavily aided by the new product inventory of the supplier.

15 - Years that Daniela Johansson had previously been working at Åland gambling company Paf, before she was appointed to the role of deputy CEO this week. Johansson will join forces with the company’s chief human resources officer Johanna Backholm who will continue to work as deputy CEO after being appointed to the role in 2013.

5 - Start-up businesses have been named on the confirmed shortlist for this year’s eagerly anticipated Launchpad competition at the EiG conference. In with a chance of winning both investment and inspiration are; BotGaming, Chalkline Sports, Contrarian Investments, ltd and Relex Studios.

4 - Political parties are in coalition in the Netherlands as the Vice Chairman of The Netherlands Gaming Authority (Kansspelautoriteit) Henk Kessler revealed that progress had been made with regards to the new piece of legislation passing through senate.

Speaking at the 'ESSA Sports Betting Integrity Conference' Kessler stated: "The new coalition government reached an agreement to continue the bill, this means the new time frame is probably by the end of this year, the act will be dealt with by the Senate, then some legislation has to be presented to both houses, but that shouldn’t be a problem, this will mean that the new online gambling laws could be enforced in January 2019.”




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