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Gambling News - 'Europe'
Industry
November 4, 2024
Reeves Says No to Online Gambling Tax Hike, Sparks Criticism
Last month, we reported on the Labour Party’s plan to consider a £3 billion tax hike for gambling companies, mostly aimed at online casinos and sports betting activities. Chancellor Rachel Reeves and ministers were then pondering a rise in the online gambling taxes from 21% to 50% that would have boosted public finances by roughly […]
Industry
November 1, 2024
Ireland Launches Search for GRAI’s Chair and Board Members
Ireland has officially started to recruit the seven members required for the board of its newly formed statutory body. Applications will close on November 15. The Gambling Regulatory Authority of Ireland (GRAI), established under the landmark Gambling Regulation Bill 2022 that was turned into law in October last month, seeks to create a comprehensive framework […]
Industry
November 1, 2024
Northern Ireland Seeks to Reduce Gambling Ads Amid Harm Concerns
Northern Ireland’s All-Party Group on Reducing Harm Related to Gambling has asked the government to protect vulnerable groups from harm by restricting gambling ads. This comes shortly after the Republic of Ireland introduced similar measures. Ireland Just Updated Its Framework The Republic of Ireland, for context, recently updated its regulatory framework by enacting the Gambling […]
Casino
November 1, 2024
Ukraine’s Cosmolot Owner Bought by Nevada Gaming Holding
Nevada Gaming Holding has acquired Spacesiks, the owner of Cosmolot, which is Ukraine’s largest gambling company since the country’s industry re-regulation, in a groundbreaking deal that signals confidence in the domestic market. Cosmolot Owner Acquired by US Investors Nevada Gaming Holding has cited an investment rationale behind its decision to bolster Cosmolot, arguing that the […]
Sports
November 1, 2024
Galatasaray vs. Tottenham 2024-25 Europa League Odds, Time, and Prediction
In 2024, Galatasaray is a true soccer powerhouse. The team from Turkey has an incredible roster, with some big stars that used to play for big Champions League clubs in the past. They’re now competing in the 2024-25 Europa League, so they should be able to cruise to the title easily, right? Well, they are […]
Industry
October 31, 2024
Virgin Bet Champions Women in Horse Racing with Doncaster Racecourse Event
Virgin Bet announced the second installment of its Women’s Day at the Virgin Bet November Handicap this Saturday, 9 November, at Doncaster Racecourse. It will celebrate and recognize the influential role of women in racing, highlighting Virgin Bet’s commitment to helping drive a more inclusive sporting environment. The Initiative Follows Up on Last Season’s Success […]
Industry
October 31, 2024
UK Gambling Operators Catch a Break as Government Delays Tax Hike
Gambling companies operating in the UK, like Flutter Entertainment and Entain, are breathing a sigh of relief today as the UK government’s newly released Autumn Budget leaves gambling tax rates untouched, staving off an anticipated hike that loomed over the industry. While the country’s gambling sector will likely see tax increases in the long term, […]
Business
October 31, 2024
UKGC Reports 11% GGY Boost Amid Record High Slot Revenue
The latest market overview published by the UK Gambling Commission has reported a gross gambling yield (GGY) of £1.32 billion ($1.71 billion) in the three months to 30 September. The increase was primarily triggered by a recorded 16% uptick in online slot activity among UK gamblers, which propelled slot revenue to a record high. Over […]
Sports
October 31, 2024
FDJ’s Exclusivity on Lottery, Betting Not Violation of EU Law
The European Union’s executive body, the European Commission, said on Thursday that it has concluded an investigation into Française des Jeux (FDJ), France’s largest gambling company, which recently grabbed headlines for its multi-billion acquisition of Kindred Group, another European sector giant. Four-Year Investigation Finds FDJ to Operate Within Legal Limits The commission was looking into […]
Business
October 30, 2024
Glitnor Group to Expand European Footprint via OneCasino Acquisition
Glitnor Group, an up-and-coming iGaming company, announced that it has signed an agreement to acquire OneCasino, a leading online casino operator with a strong presence in Spain, Denmark and the Netherlands. The Deal Is Set to Close in 2025 According to the announcement, Glitnor penned a share purchase agreement with OneCasino and will acquire the […]