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Industry
October 16, 2024
Flutter CEO: UK Tax Hike Would Be in No One’s Interest
Peter Jackson, chief executive officer of Flutter Entertainment, commented on the UK’s ongoing gambling reforms amid talks about tax hikes. Echoing his recent point about the US market, he suggested that high tax rates tend to have adverse effects. Labour Should Speed Up the Regulatory Process In a post on LinkedIn, Jackson said that was […]
Industry
October 16, 2024
Dutch Lawmakers Want Age Verification for iGaming and Porn
Lawmakers in the Netherlands have supported the introduction of age verification measures for online gambling amid recent regulatory failures. The country, which launched regulated iGaming a few years ago, continues to struggle to hit the right regulatory balance. An End to Underage Gambling and Pornography Consumption The latest appeal for robust age verification measures comes […]
Industry
October 16, 2024
Bulgaria Takes Down More than 2.5K Illegal Gambling Websites
Just like other European countries, Bulgaria constantly monitors its online gambling market. In the event of uncovering illegal online gambling websites, the country’s National Revenue Agency (NRA), takes action by taking down such black market operators. Crackdown on Unlawful Gambling Continues In one recent operation, the Agency confirmed it shut down thousands of illegal gambling […]
Poker
October 16, 2024
Irish Poker Tournaments Face Uncertainty Amid Upcoming Gambling Bill
Irish poker tournaments might soon be in trouble due to new gambling rules coming to Ireland. Fintan Gavin, who runs tournaments and plays poker, is worried about how the upcoming Gambling Regulation Bill could affect live poker in the country. Uncertainty Around New Rules Poses Risk to Irish Poker Festivals, Says Fintan Gavin Fintan Gavin […]
Industry
October 15, 2024
Racing Executive Asks for Taxation Changes Amid Tax Hike Rumors
Martin Cruddace, Arena Racing Company’s chief executive officer, has appealed for lower betting duty rates and an increase in the statutory levy. His appeal follows a rumored proposal to increase Britain’s gambling tax. Lower Betting Duties, Higher Levy As the October 30 budget approaches, lawmakers are reportedly mulling over a gambling tax hike, much to […]
Industry
October 15, 2024
More Than Half of UK Residents Support iGaming Tax Hike, Survey
Ahead of the release of the UK government’s Autumn Budget, a newly released study suggests more than half of the Brits support the idea of increasing taxes for online gambling. Three Quarters Support Raising Gambling Taxes Recently, the Labour Party in the country encountered a £22 billion ($28.7 billion) “black hole.” In an effort to […]
Industry
October 15, 2024
Gambling Addiction Pushes UK Senior to £115K Theft
Gambling addiction can push many into debt but out of desperation, some people may even engage in unlawful activities. In one such criminal case from the United Kingdom, a great-grandmother narrowly avoided time behind bars after stealing more than £100,000 ($130,800) from a charity. Charity Treasurer Stole Thousands of Pounds The case involved a 65-year-old […]
Business
October 15, 2024
Kindred Restructures Its Board Following FDJ’s Takeover
Kindred Group announced major changes to its board of directors following its takeover by La Française des Jeux (FDJ). The historic deal, which cemented FDJ as one of Europe’s biggest gambling companies, led to significant restructuring for Kindred. Kindred Unveils New Board Lineup According to Kindred’s announcement, several directors, including James H. Gemmel, Cédric Boireau, […]
Industry
October 14, 2024
BGC CEO Unamused at Reported Gambling Tax Hike Proposal
Britain’s plans to introduce a tax hike do not sit well with the Betting and Gaming Council, which argued that the new proposals are based on “fantasy economics.” In an interview with gaming news outlet NEXT.io, CEO Grainne Hurst expressed her concerns about the mulled tax changes, saying they could harm the legal industry. Hurst […]
Business
October 14, 2024
BOXXER Forms a Strong Partnership with Betfred
BOXXER, a world-class boxing promotional company, has formed a new partnership with Betfred, one of the United Kingdom’s largest operators. As a trusted and respected brand, Betfred will be a valuable entry in BOXXER’s list of operator partners. BOXXER Will Promote Betfred’s Brand BOXXER, which was founded in 2018 by Ben Shalom, a prominent entrepreneur […]
