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Industry
November 29, 2024
Bulgarian Betting Continues to Grow Despite Lower Tax Contributions
The Association of Gaming Industry in Bulgaria (AGIB) has published its financial report for the first nine months of 2024, highlighting a decline in gambling taxes in spite of the industry’s rapid growth. The discrepancy was caused by taxation changes that the Bulgarian Parliament passed last year. Bulgarian Betting Flourishes Thanks to the New Regulations […]
Industry
November 29, 2024
UK’s West Sussex Considers Stricter Gambling Regulations
The Adur and Worthing councils in West Sussex are making a concerted effort to tighten gambling regulations, reflecting growing concerns about gambling-related harm. The proposed measures, including age verification policies, restrictions on credit facilities, and covert test purchasing, should create a safer gambling environment for local communities. West Sussex Takes a Proactive Approach A recent […]
Industry
November 28, 2024
UK Man Shares How a Single Bet Can Spiral into Decades of Addiction
When Colin Brown from Fife, Scotland, first experienced the thrill of gambling as a 15-year-old, he had no idea it would mark the beginning of a devastating journey. A modest 50p bet on a slot machine that returned £4.80 ignited a lifelong addiction that he estimates cost him more than £250,000 ($317,000) and nearly everything […]
Industry
November 28, 2024
UK Betting Statutory Levy Rates Higher than Initial Proposal Estimates
Earlier this week, the UK confirmed its plans to implement a statutory levy applicable to betting and gaming companies. The betting levy, affecting all licensed operators would be charged based on the respective company’s gross gambling yield (GGY) from the previous year with the levy rates ranging from 0.1% to 1.1%. Now, Nick Arron, lead […]
Industry
November 27, 2024
Damning Report Accuses Curaçao Politicians of Fraud, Embezzlement
A former executive of the MGA along with the current finance minister of Curaçao were named in a new report that condemned the island’s recently implemented gambling regulatory system. Mario Galea, Javier Silvania Named in New Report That is the case for Mario Galea, a former chief of the Malta Gaming Authority (MGA) and the […]
Industry
November 27, 2024
It’s Official: UK Government Introduces Slots Cap, Betting Levy
Earlier this week, we informed you of The Guardian’s report based on multiple sources that claimed gambling minister Baroness Twycross would soon announce the new statutory levy. The approximate term of the said announcement was rumored for sometime this week. Now, the same publication announces that the UK government has confirmed the online slots cap […]
Business
November 27, 2024
BC.Game Faces Licensing Threat Amid Bankruptcy Controversy
Curaçao’s Gaming Control Board (GCB) plans to take away BC.Game’s license. BC.Game is a crypto casino and Leicester City Football Club‘s main sponsor. GCB Scrutinizes BC.Game After Parent Company Bankruptcy and Player Losses The GCB has concerns about the company’s financial situation and how well it follows rules. This comes after BC.Game’s parent company, Small […]
Industry
November 26, 2024
GambleAware’s NGSN Report Highlights Increased Use of Treatment
GambleAware, the leading gambling harm prevention charity in the UK, has published its latest annual report for the National Gambling Support Network (NGSN). The document highlighted an increase in people being treated for gambling harm, underscoring an increased visibility for the safer gambling services available to players. More People Were Treated, Data Shows As reported […]
Industry
November 26, 2024
New Reporting Portal to Tackle Dutch Illegal Online Gambling
For several years, the Dutch online casino market has offered a range of gambling options to customers in the country. To supply their services to customers in the Netherlands, operators need to secure a license and ensure compliance with the market’s strict regulations. In an effort to protect consumers from illegal gambling and contribute to […]
Industry
November 26, 2024
Kindred Exits Poland Shortly After Graj Legalnie Scrutiny
Kindred Group, a prominent gaming company, has announced its exit from Poland. The company recently discontinued its casino and poker operations in the country and is now putting an end to its sports betting business there too. Kindred to End Its Business in Poland Kindred Group, which operates the Unibet brand in Poland, pulled back […]
