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Business News and Headlines
Business
January 7, 2019
German State of Hesse to Seek Individual Gambling Regulation
Germany’s gambling laws are about to get shaken up by strict individualism should a federal pact fails to be established, the German State of Hesse has cautioned. Hesse to Go It Alone in Regulating Gambling in Germany The German State of Hesse has expressed concerns over the delays in introducing new gambling legislation on a […]
Business
January 5, 2019
AGA Approves NFL and Caesars Partnership to Boost Awareness
Following the partnership between Caesars Entertainment and the National Football League, the American Gaming Association (AGA) highlighted the upsides of this move and the long-term benefits of the tie-up. AGA Content with NFL, Caesars Partnership The National Football League (NFL) and flagship casino brand Caesars Entertainment have signed up a new exciting partnership on Thursday […]
Business
January 3, 2019
Sweden Begins 2019 iGaming with 60 Legal Operators
Sweden’s gaming market has opened for business with 60 operators now running at full blast and the official regulator rebranding itself as the Spelinspektionen. The launch was preceded by abundant TV ads from established brands, such as LeoVegas, Betsson, and more. Swedish Gaming Market Now Fully Operational At the turn of the year, two things […]
Business
December 26, 2018
Italy’s Senate Votes Higher Gaming Taxes
Italy’s New Gaming Tax Laws: Biting into Profit Italy introduced a number of restrictive gaming measures in 2018. The country voted on a gaming ad ban effectively seeing all content promoting the activities of iGaming brands stripped from the public, including physical and digital advertisement media. Following a Sunday vote by Italy’s Senate, the country’s […]
Business
December 25, 2018
New Gambling Legislation Vetoed by Slovakian President
A few weeks ago, Slovakia’s online gambling market was set for a major shakeup after the country’s lawmakers approved plans that would effectively do away with the local online monopoly. Initially, it was hoped that the country’s president would sign the new measures into law thus giving international operators the opportunity to apply for local […]
Business
December 13, 2018
Brazil’s Outgoing President Signs Sports Betting Bill
Sports Betting on the Way Out Outgoing Brazilian President Michel Temer has just ratified the long-debated piece of legislation that officially makes sports betting a regulated and allowed industry in the country. The implications of the move are quite significant with Provisional Measure 846/18 now being signed into law. The bill is laying the groundwork […]
Business
December 10, 2018
Pennsylvania’s Gambling Expansion Pays Off $400m
Pennsylvania’s Windfall on Online Gambling Pennsylvania has managed to achieve solid results following the expansion of gambling in the state back in 2017. With the legal cogwheels tweaked last year, the state has introduced a number of highly-yielding activities, including online lotteries and daily fantasy sports, to speak nothing of sports betting, which has been […]
Business
November 18, 2018
A $2m Penalty Hits CG Technology in Nevada
CG Technology has managed to negotiate a deal with Nevada’s watchdogs, allowing the company to continue providing sports betting solutions for the state. The company was obliged to pay $2 million over a number of infringements accumulated over time. CG Technology Out of the Frying Pan For a while now, CG Technology has had a […]
Business
November 14, 2018
UKGC Fines Stride Gaming Subsidiary $9.2 million Over AML
The United Kingdom Gambling Commission (UKGC) has toughened its stance against wrongdoers. From 32Red to Stride Gaming, everyone is on the receiving end of what the regulatory watchdog considers justice. More often than not, the UKGC is usually right. So why is Stride Gaming contesting the latest fine? Stride’s Subsidiary Slapped with Hefty Fine Stride […]
Business
November 7, 2018
LeoVegas Prepared to Focus on Compliance
LeoVegas has been one of the most ambitious gaming projects in the industry. According to company CEO Gustaf Hagman, compliance is instrumental in the operator’s future success The Importance of Compliance According to LeoVegas CEO Gustaf Hagman, the key to succeeding in the iGaming industry is compliance and sustainability, which he estimates to be challenged […]