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Industry
November 29, 2024
GCB Addresses Licensing Reforms, Refutes Misconceptions
The Curaçao Gaming Control Board (GCB) has released a statement on rumors about its licensing reforms, refuting certain misconceptions and providing important clarifications. The statement was prompted by a recent complaint regarding the National Ordinance on Games of Chance (LOK) reform process. The complaint questioned the reforms and the integrity of the local licensing regime. […]
Industry
November 29, 2024
KSA Hits Techno Offshore and Novatech Solutions with Penalty Orders
Earlier in the month, the Netherlands’ Gaming Authority or KSA (Kansspelautoriteit) penalized Blue High House with EUR 600,000 ($624,827) for allowing its betonline.ag platform to offer its services to Dutch customers without a license. In a similar effort to eradicate the provision of unlicensed gambling in the country, the same authority has now issued two […]
Industry
November 29, 2024
Tim Miller Addresses BACTA Annual Convention
Tim Miller, executive director of the Gambling Commission, recently spoke at the British Amusement Catering Trade Association (BACTA) Annual Convention. Representing an important sector for British tourism and leisure, BACTA’s members manage family entertainment centers, arcades, and low-stakes gaming venues that are vital to UK pubs, venues, and local economies. Miller began with a personal […]
Industry
November 29, 2024
Bulgarian Betting Continues to Grow Despite Lower Tax Contributions
The Association of Gaming Industry in Bulgaria (AGIB) has published its financial report for the first nine months of 2024, highlighting a decline in gambling taxes in spite of the industry’s rapid growth. The discrepancy was caused by taxation changes that the Bulgarian Parliament passed last year. Bulgarian Betting Flourishes Thanks to the New Regulations […]
Industry
November 29, 2024
UK’s West Sussex Considers Stricter Gambling Regulations
The Adur and Worthing councils in West Sussex are making a concerted effort to tighten gambling regulations, reflecting growing concerns about gambling-related harm. The proposed measures, including age verification policies, restrictions on credit facilities, and covert test purchasing, should create a safer gambling environment for local communities. West Sussex Takes a Proactive Approach A recent […]
Industry
November 28, 2024
UK Man Shares How a Single Bet Can Spiral into Decades of Addiction
When Colin Brown from Fife, Scotland, first experienced the thrill of gambling as a 15-year-old, he had no idea it would mark the beginning of a devastating journey. A modest 50p bet on a slot machine that returned £4.80 ignited a lifelong addiction that he estimates cost him more than £250,000 ($317,000) and nearly everything […]
Industry
November 28, 2024
Playtech Investors to Vote on €100M Executive Remuneration Proposal
Earlier this year, Playtech confirmed it is in talks with Flutter Entertainment for the sale of its business-to-consumer (B2C) arm, Snaitech. Then, in September, the company confirmed that the proposed sale of the asset has a price tag of £2.3 billion (approx. $3 billion). Concurrently, Playtech proposed a directors’ remuneration plan, which proved to be […]
Industry
November 28, 2024
Richmond Police Bust Illegal Gambling Operation
What appeared to be an ordinary tobacco outlet turned out to be the center of a significant illegal gambling operation, leading to multiple arrests and the seizure of thousands of dollars in equipment. This newest development highlights US’ ongoing battle against illegal gambling as law enforcement urges the public to report any suspicious venues. The […]
Industry
November 28, 2024
UK Betting Statutory Levy Rates Higher than Initial Proposal Estimates
Earlier this week, the UK confirmed its plans to implement a statutory levy applicable to betting and gaming companies. The betting levy, affecting all licensed operators would be charged based on the respective company’s gross gambling yield (GGY) from the previous year with the levy rates ranging from 0.1% to 1.1%. Now, Nick Arron, lead […]
Industry
November 28, 2024
Yeşilay Issues Harsher Online Gambling Addiction Warning
In October, GamblingNews wrote that the prominent Turkish organization Yeşilay reported an important rise in the number of online gambling addiction cases at its counseling centers. A lot of those cases involved children, some as young as nine. Now, Mehmet Dinç, head of the same anti-addiction nonprofit, has raised the alarm over the escalating impact […]
