Dutch Lose Courage on Online Poker

Dutch Lose Courage on Online Poker

Thursday, 3 April 2008

A report from Reuters news agency has announced that the upper house of the Dutch parliament narrowly defeated a bill passed in the lower house which would have allowed state gambling monopoly Holland Casino to launch an online gaming site.

A report from Reuters news agency has announced that the upper house of the Dutch parliament narrowly defeated a bill passed in the lower house which would have allowed state gambling monopoly Holland Casino to launch an online gaming site.n an incredibly tight vote, the bill was defeated by 37-35. That meant that Holland Casino, which had wanted to run a state gambling monopoly, now has to go back to the drawing board. The decision also disappointed Cryptologic, with who Holland Casino had signed a deal to use its software. They did reassure people that the decision wouldn’t affect their trading figures. “While advocates of safe, secure, and regulated e-gaming are disappointed with the Dutch decision, CryptoLogic never places all its bets on one table,” said Brian Hadfield, the company's president and CEO. “That's why this decision will have no material impact on our business. We recognised the challenge in Holland early and prepared our business by accelerating other revenue-generating initiatives.”



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