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Industry
May 16, 2024
Irish Gambling Bill under Fire in Seanad for Neglecting Lottery Issues
Ireland, just like the United Kingdom, is anticipating changes to its gambling regulations. Irish lawmakers are trying to find the right balance between a fair market and one that protects consumers from excessive gambling. To achieve this, a bill was introduced that proposed robust changes to the existing legislation, calling for restrictions related to gambling […]
Industry
May 15, 2024
ASA Removes Cheltenham Festival Ad Showing Popular OnlyFans Model
After looking into a complaint that was challenging a Cheltenham Festival ad on X that showcased an easily recognizable OnlyFans (OF) star, the Advertising Standards Authority (ASA) deemed the ad “irresponsible.” ASA “Concerned” Over a Lack of Response The authority decided to clamp down on the ad that was promoting betting offer aggregator Festival Free […]
Industry
May 15, 2024
One of Louisiana’s Leading Regulators Is Set to Resign in June
Robbie Johns, one of Louisiana’s leading gambling regulators, announced his intention to resign, citing family matters as the reason. The Republican was largely responsible for overseeing the launch of sports betting in the state. For context, the gambling revolutionary is set to officially depart on June 30. His resignation will end 37 years of public […]
Industry
May 15, 2024
Nevada Gambling Regulator Rejects Dave & Buster’s Betting Intention
Dave & Buster’s, the popular restaurant and arcade chain in the United States, announced its plans to grow its offering with the introduction of a new betting feature available via its mobile app. The feature enables users to place wagers on two of the company’s games, Hot Shots basketball and Skee-Ball. The move signaled Dave […]
Industry
May 14, 2024
UKGC CEO Highlights Progress against Black-Market Operators
The UK Gambling Commission (UKGC) has made significant strides in combating illegal online gambling operations, highlighted in a recent speech by CEO Andrew Rhodes. The UKGC oversees an industry with a gross value exceeding £15 billion ($18.84 billion) and involving over 22.5 million adult participants. Despite its economic significance, the gambling sector faces ongoing challenges […]
Industry
May 13, 2024
Victoria Considers Limits on Working Hours for Pokies
Currently, gambling is identified as a serious public health issue in Australia. Regretfully, Australians have the highest losses per capita out of any other country across the globe and the billions lost to gambling annually are a stark reminder. Amid concerns about excessive gambling and millions lost every month, Australia anticipates changes to its gambling […]
Industry
May 13, 2024
UKGC Executive Emphasizes Importance of Constructive Industry Relations
Recently, the gambling regulator in the UK, the Gambling Commission, unveiled extensive changes in an effort to boost the safety of gamblers in the country. The described changes are in line with the ongoing efforts of the UK government for the overhaul of the gambling sector, initiated as a result of the review of the […]
Industry
May 13, 2024
CFTC Considers Banning Derivative Betting on Sports and Elections
Ahead of the presidential elections in the United States, a financial regulator has moved closer to implementing a ban on derivatives for betting on political contests and sports. Although it remains unclear if the ban would be implemented in time or if at all, in case this happens, bettors looking to place wagers on the […]
Industry
May 10, 2024
Brazil Implements New 15% Player Winnings Tax
Brazil’s Federal Revenue Service has introduced new guidelines for taxing net prizes obtained from fixed-odds lottery bets, subjecting them to a Personal Income Tax (IRPF) rate of 15%. This development marks another step forward in the country’s efforts to finalize its updated gambling legislation, ushering in a safe and sustainable market that will benefit all […]
Sports
May 9, 2024
BetMGM CEO Cautions against Prop Bets on Illegal Sportsbooks
The sports betting expansion across the United States helped bring legal wagering to residents in nearly 40 states. Yet, concerns about the negative impact of the activity, especially around excessive gambling and the integrity of sports, continue to mount. Recently, amid reports of athletes being abused by gamblers on social media, different leagues and stakeholders […]
