Industry
March 5, 2024
NGCB to Review Licensing for Bally’s Executives
A massive project, requiring the demolishment of Tropicana in Las Vegas, Nevada, is expected to bring a new baseball stadium with 33,000 seats, along with an integrated resort. The new stadium is expected to be the home of the popular Major League Baseball (MLB) franchise, the Oakland Athletics. The ambitious project with a price tag […]
Industry
March 5, 2024
Vietnam Decree Says Betting Investors Would Need to Comply with Bidding Law
As Vietnam seeks to expand its wagering industry, the government said that operators wishing to offer legal betting on soccer events would need to take part in a bidding process. According to Hanoi Times, the process would determine whether these companies would secure a license. The Vietnamese news outlet said that the new measure is […]
Industry
March 5, 2024
German Regulator Wants Stricter Rules for Loot Boxes
Last September, we announced that Germany was taking into consideration a series of strict regulations regarding the use of loot boxes in video games. Now, the German gambling regulator Gemeinsamen Glücksspielbehörde der Länder (GGL), also referred to as the Joint Gambling Authority of the States in English, has asked the federal states to thoroughly review […]
Industry
March 5, 2024
Macau’s Casino Industry Was the Main Driver of Tax Income in 2024
Macau’s Financial Services Bureau has published information about the tax contribution of the region’s six casino concessionaires. According to the report, the special administrative region’s gambling industry continues to be the main driver of tax income. The total tax revenue reported by the government was $10.5 billion. The bureau said that the six casino companies […]
Industry
March 5, 2024
BCLC Warns the Public about Online Casino Scams
The Crown corporation tasked with conducting and managing gambling activities in British Columbia (BC), the British Columbia Lottery Corporation (BCLC), warned the public about an increasing number of online scams. On Monday, the BCLC released a statement, warning the public that fraudulent online operators present themselves as legitimate BC casinos in an effort to collect […]
Industry
March 5, 2024
Belgium Introduces Stricter Regulations on Gambling, Effective September
Belgium has taken a significant step towards implementing stricter regulations to combat the surge in online gambling addiction. The Chamber of Representatives recently approved a set of new measures proposed by Green MP Stefaan Van Hecke, marking a milestone in a five-year campaign for tighter controls. Belgium Enforces Higher Gambling Age Limit The revised regulations […]
Industry
March 4, 2024
Slovenia Warns of a Spike in Illegal Gambling Activity
The National Assembly of Slovenia has expressed growing concern over the persistence of illegal online gambling activities despite regulatory efforts. Inspections in the gambling sector revealed that many online operators were conducting games of chance without the required concessions. These black market entities do not pay the required taxes and offer virtually zero customer protection, […]
Industry
March 4, 2024
Legal Obstacles May Impact the Growth of India’s Gaming Sector
India, the country with the highest population and fifth-largest economy on the globe, can benefit significantly from legalized gambling. The worldwide availability of smartphones and easy access to the internet grants millions of users access to online gambling activities and Indians are not an exception. While the country doesn’t prohibit online betting, only a couple […]
Industry
March 4, 2024
Sweden’s Operators Report $2.6B in Turnover for 2023
The Spelinspektionen, Sweden’s gambling regulator, has posted data about the regulated Swedish gambling market’s performance in 2023. According to the preliminary results, metrics remained mostly stable, with licensed gambling companies reporting a total turnover of SEK 27.1 billion ($2.6 billion). The turnover figure is more or less in line with the total turnover reported in […]
Industry
March 4, 2024
Norway’s Tough Gambling Rules May Impact Players Outside the Country
Across Europe, gambling regulations vary from one country to another. While there are rules on a European level related to anti-money laundering, for example, other regulations can vary greatly. Some jurisdictions do not allow online gambling operators without a license to offer their services to customers in their respective countries. Others have more lax rules […]
