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Industry News and Headlines
Industry
June 14, 2024
NSW Government Considers Increasing the Betting Tax
The government of New South Wales is considering a tax increase of 5%, according to The Sydney Morning Herald. Under this proposal, filed by industry powerhouse Tabcorp, the tax on all bets would be increased from 15% to 20%. This would align NSW’s point of consumption tax (POCT) with that of Queensland. Analysts believe that […]

Industry
June 14, 2024
Crystal Palace’s Gambling Deal with Net88 Attracts Scrutiny
Crystal Palace FC’s recent gambling sponsorship doesn’t sit well with all fans. Set to run until the summer of 2026, the record two-year deal will see Net88’s logo appear on the club’s jerseys. As agreed, Net88’s logo will be added to the front of the soccer team’s Premier League shirts. The deal will continue until […]

Industry
June 14, 2024
Concerns over Harm and Lost Tax Revenue Mount in Missouri
Currently, Missouri offers limited gambling activities. iGaming and sports betting are illegal, while visitors and residents can only gamble legally via the 13 casinos across the state. Yet, a type of gambling device called “no-chance,” or “pre-reveal” machine is widely spread in Missouri and they so far operate in a grey area. The machines can […]

Industry
June 14, 2024
BGC Supports Labour’s Responsible Gaming Pledge
UK’s Betting and Gaming Council (BGC) has expressed approval of Labour’s general election manifesto. The document includes a commitment to work collaboratively with the industry to enhance responsible betting and gaming standards. Recent polls give the Labour Party a significant advantage in the upcoming elections, and its manifesto will likely inform the new government’s core […]

Industry
June 14, 2024
Australia Cracks Down on Crypto and Credit Cards in Online Gambling
The Australian government recently banned cryptocurrencies and credit cards in online gambling as part of its efforts to reduce risks associated with these activities. The rule, which took effect on June 11, was introduced so that digital betting would comply with land-based regulations banning credit card use for the same purpose. New Regulations and Fines […]

Industry
June 14, 2024
Dutch Courts Seek Clarity from Supreme Court on Online Gambling Refunds
The Dutch courts of North Holland and Amsterdam have asked the Dutch Supreme Court for advice in cases where players are seeking refunds from online casinos that operated without a license before regulation. This comes after conflicting rulings were made in ongoing lawsuits, where players tried to recover their losses from these unlicensed platforms. Dutch […]

Industry
June 13, 2024
GGL Warns Players about Gambling with Unlicensed Operators Ahead of Euro 2024
Germany’s gambling regulator, Gemeinsamen Glücksspielbehörde der Länder (GGL), has joined Federal Drug Commissioner Blienert in warning customers ahead of the Euro 2024. As the tournament looms, the authority emphasized the dangers associated with illegal operators. With the coming of the highly anticipated soccer event, the GGL expects an escalation in betting activity. As a result, […]

Industry
June 13, 2024
Indiana Gaming Commission Releases May Betting Figures
The Indiana Gaming Commission has published information about the performance of the state’s sports betting market. Overall, the Indiana wagering sector’s results continued to fluctuate while FanDuel retained its spot as the top sportsbook. In May, Indiana’s sportsbooks recorded $361 million in handle, marking an 8.2% decline month-on-month and a 27.6% increase year-on-year. Despite the […]

Industry
June 13, 2024
Tabcorp Fined With AU$270,000 for Underage Gambling in 13 Venues
At the end of May, we announced that the Victorian Gambling and Casino Control Commission (VGCCC) filed a series of charges connected to child gambling against Tabcorp. Fast forward to today, Australia’s largest gambling company with a staff of over 5,000 has been slapped with a fine of over AU$370,000 ($246,000) including costs after […]

Industry
June 13, 2024
Connecticut to Ban Bovada, Following Michigan’s Example
Connecticut is reportedly set to take a “hardline stance” against Bovada, one of America’s biggest unlicensed operators, the Sports Betting Dime reported. The news outlet announced that it contacted a member of a local regulator who confirmed that a cease-and-desist letter is in the making. The Department of Consumer Protection Gaming Division spokesperson said that […]
