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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
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
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 […]
Business
March 4, 2024
Former Bwin Executive Steven Cartigny Branches Out into Consulting
Steven Cartigny, former head of commercial at bwin, has announced the launch of his consultancy firm, Invixos, after more than seven years with the operator’s parent company, Entain. Cartigny’s decade of experience in the online iGaming industry and history of success should give the company a substantial headstart, allowing it to tap into gambling’s rapid […]
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 […]
Business
March 4, 2024
Good Life Plus Raises $2.57M in Mark Blandford-Led Subscription Round
Good Life Plus, an innovative luxury prize draws brand, has unveiled a subscription raise of £2.03 million ($2.57 million). The raise was led by Mark Blandford, founder of Sportingbet (now Entain). The subscription included a total of 90,222,223 ordinary shares of £0.001 at a price of 2.25p each. The new shares should be admitted by […]
Industry
March 4, 2024
Ukraine’s Gambling Industry Pays $47.2M in Taxes in February
Ukraine’s Ministry of Finance has published its tax report for February, highlighting a significant increase in the gambling industry’s contributions. Despite the ongoing war with Russia, the tax revenues suggest that the gaming sector is still going strong. According to the ministry, businesses and organizations in the country paid a total of UAH 184.8 billion […]
Industry
March 4, 2024
Macau Casinos Report $2.3B in GGR as Post-COVID Recovery Continues
Macau published information about the performance of its gambling industry in February, highlighting its continued recovery. While the special administrative region is yet to publish its official tourism results, the GGR figures suggest that the tourism sector continues to grow. Macau’s gambling industry was previously impeded by the COVID-19 pandemic and China’s zero-COVID policy. For […]
Business
March 4, 2024
Hard Rock Empowers Women in March’s WE ARE Campaign
Hard Rock International is celebrating International Women’s Month with a new initiative and a partnership with an influential promoter of women’s health. The “WE ARE” campaign will see the casino and hospitality company champion women’s empowerment via a variety of activations. As a part of the campaign, Hard Rock will team up with Eva Longoria, […]
Industry
February 29, 2024
Elk Studios’ Pirots 2 Game Secures Two GamblingNews Tier 2 Awards in November
Elk Studios, a Swedish game studio developing highly entertaining video slots and tools for the online gambling industry, has won two of the GamblingNews Tier 2 Awards in November. Powered by Casinolytics, the GamblingNews Awards highlight some of the best studios and slots in the iGaming sector. In November, Elk Studios’ pirate and bird-themed Pirots […]
