Business
June 21, 2022
Baden Resources Shares NorthStar Gaming Reverse Takeover Proposal
Baden Resources has announced its reverse takeover plans of NorthStar Gaming via a non-binding letter of intent. According to the proposal, Baden will acquire all of NorthStar’s shares in exchange for its own shares, whereas NorthStar shareholders will have the option to convert their existing shares in NorthStar into Baden shares. The Proposed Deal Is […]
Industry
June 21, 2022
NSW Changes the Point of Consumption Tax
The government of New South Wales has announced a 5% increase to the Point of Consumption tax on corporate sportsbooks. With this development, the POCT will rise from 10% to 15% and the new rules will be effective on July 1, 2022. Tax Revenue Is Set to Increase by Over $500 Million NSW’s tax increase […]
Legal
June 21, 2022
Macau Legislative Assembly Passed New Laws
The Macau Legislative Assembly has finally passed the discussed gambling amendments into the law. Lawmakers almost unanimously agreed on the new laws with just one member disagreeing with a single clause. Members of the Assembly discussed all the changes one more time, addressing each article individually. After that, they got to voting and approved the […]
Industry
June 21, 2022
UK’s Gambling Regulator Unveils New Guidance to Help Combat Problem Gambling
The UK Gambling Commission (UKGC) updated its new list of rules on high-risk gamblers. The updated operator guidelines will be officially introduced on September 12 this year as part of the regulator’s efforts to fight gambling addiction. The new measures complement the regulator’s previous instructions released in April. The UKGC Prescribed an Increased Focus on […]
Industry
June 21, 2022
The Philippines Can’t Get Off FATF’s Grey List
Following a meeting that lasted for four days, Paris-based international regulator, the Financial Action Task Force (FATF), has decided to keep the Philippines on its grey list. Despite progress on the anti-money laundering (AML) and combatting the financing of terrorism (CFT) front, the country still has work to do in order to be able to […]
Casino
June 21, 2022
EPIC Restart Foundation and Leeds Beckett University Help Gambling Victims
The EPIC Restart Foundation, a UK charity aimed at helping victims of gambling addiction, announced its partnership with Leeds Beckett University. Carnegie Great Outdoors, a Leeds Beckett-based outdoor education provider, will supply coaches to help develop programs and courses for the foundation. Mental Health Specialists Collaborate to Aid Victims of Gambling Addiction The first planned […]
Insider
June 21, 2022
Swintt’s David Mann: “We Create Player-Favorite Titles for Europe’s Regulated Markets”
We sat down with Swintt CCO David Mann to talk about Swintt’s recent launch in the regulated Dutch gaming market, the company’s philosophy of driving innovation and creating brand new mechanics, and the outlook for regulated markets in Europe and beyond this year. David walked us through Swinnt’s constantly-improving portfolio and what goes into crafting […]
Casino
June 21, 2022
Gaming Realms Clears Certification for Connecticut iGaming Entry
Gaming Realms has received a clearance to enter Connecticut after the Department of Consumer Protection has given the provider of iGaming products the green light. As a result, Gaming Realms will be a part of the authorized providers of gaming products in yet another jurisdiction in North America. Gaming Realms Gets Go-Ahead in Connecticut Gaming […]
Casino
June 21, 2022
Macau Casino Stocks Fall as COVID Cases Boom
The biggest COVID outbreak to date in Macau, which means new restrictions, social distancing, and a huge amount of testing, resulted in falling casino stocks on June 20. The cases are not that many, amounting to a total of 36, and the casinos are still open but the closure of public services, parks, schools, and […]
Legal
June 21, 2022
City Slots Visitor Gets Life in Prison for Murdering a Man
A brutal murderer has been sentenced to life in prison for the monstrous murder of a man in a London slots venue. The court examined footage of the heartless killing and decided that the killer will always pose a danger to society if free. Berhany and Haile First Met at the Venue Abel Berhany, a […]
